Global Endoscope Reprocessing Device Market Expected to Exhibit CAGR of 7.9% During 2017–2027

Endoscope Reprocessing Device Market

An endoscope reprocessing device is utilized in the healthcare site for the reprocessing measures of the endoscopes. An endoscope reprocessing includes the cleaning, sanitization and cleansing of the medical tools, and incorporates the means of cleaning, rinsing, sterilization, auxiliary rinsing, drying as well as storage. It is the quickest developing category in the sanitization technology market because of its growth in mounting weight for disinfected and a tide of cleaning standard and sterilized medical device in clinics and hospitals. Rising significance of therapeutic and diagnostic endoscopy process and expanding number of insignificantly intrusive surgeries worldwide are few aspects adding to the development of this market.

The worldwide market for endoscope reprocessing device is expected to account for a market value at US$ 2,171.5 Million by the end of the projection year 2027. The market is likely to record a healthy CAGR of 7.9% during the predicted period of 2017–2027.

Market Segmentation

Based on the product type, the overall market is segmented into drying and storage cabinet, washer disinfector, automated endoscope reprocessor, ultrasonic washer and sterilizer. The automated endoscope reprocessor and sterilizer segment is considered to be dominating the overall market and will be highly lucrative over the predicted period of 2017–2027.

Based on the end users, the worldwide market is segmented into specialty clinics, ambulatory surgical center and hospitals. The hospital’s category will be dominating the overall market and will be highly lucrative, exhibiting a CAGR of 7.9% throughout the assessment time frame 2017-2027.

Based on region, the worldwide market is studied across the seven major regions, namely Latin America, North America, Eastern Europe, Western Europe, Japan, Asia Pacific excluding Japan and Middle East & Africa. APEJ, Eastern Europe and Latin America are expected to grow at the highest CAGR during the projection period amid other regions. Nevertheless, APEJ and North America will be dominating the worldwide market for endoscope reprocessing device and will be highly lucrative in revenue terms over the conjecture time frame. The MEA region is likely to register relatively less growth owing to less awareness as regards to infection control along with less accessibility of reprocessor.

Key Market Players

Some major endoscope reprocessing device players operating in the worldwide market includes: Oly pus Corp., Medivators Inc., Getinge Group, STERIS Plc., Laboratoires Anios, Hoya Group, SciCan Ltd (Sanavis Group), Custom Ultrasonics Inc., ARC Healthcare Solutions Inc., Shinva Medical Instrument co. Ltd., Choyang Medical Industry Ltd., Antonio Matachana SA, MMM Medical Equipment UK LTD, DGM Pharma-Apparate Handel Ag, Belimed AG (Metall Zug), Medonica Co. Ltd., Advanced Sterilization Products Services Inc., Steelco S.P.A

Queries regarding these research findings can be addressed to Future Market Insights’ analysts at press@futuremarketinsights.com

About Sabyasachi Ghosh 131 Articles
Sabyasachi Ghosh is an experienced market research analyst and consultant, with over six years of experience in end-to-end project management. He has worked at numerous leadership positions and has a vast experience of compiling high-quality market research reports. Sabyasachi is an authoritative voice in the market research sector, and has been cited in top industry publications. He is a travel junkie, and loves to travel far and wide with his friends.