#Automated Endoscopy Reprocessor Market Research

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Moreover, the Automated Endoscopy Reprocessor Market report provides even handed, objective estimation and analysis of prospects in the Automated Endoscopy Reprocessor Market with systematic market study report containing several other market vital factors.

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Automated Endoscopy Reprocessor Market 2019-2027: Drivers, Restraints, Opportunities & Threats

Endoscopes that have been improperly reprocessed can cause bacterial infections, which are linked to endoscopes. The Automated Endoscopy Reprocessor Market is expected to grow as technicians and physicians become more concerned about patient safety. The use of automated endoscope reprocessors for the prevention of exogenous and endogenous infections associated with flexible endoscopy is expected to drive global demand for automated endoscope reprocessor systems. 

Furthermore, examiners from the Food and Drug Administration (FDA), the Society for Gastroenterology Nurses and Associates, Inc. (SGNA), and the American Society for Gastrointestinal Endoscopy (ASGE) support more research into endoscope design and urge manufacturers to create adaptable gastrointestinal endoscopes that can be easily dismantled during reprocessing to ensure effective cleaning and sterilisation. The growth of automated endoscope reprocessors is being driven by the increasing popularity of single shot automated endoscope reprocessor models that incorporate the use of single shot high level disinfectants.

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Global Endoscopy Reprocessor Market Size, Scope and Challenges

Global Endoscopy Reprocessor Market will exhibit a growth rate for the forecast period of 2021-2028

Global Endoscopy Reprocessor Market Analysis and Insights:

Endoscopy reprocessor is generally used for assessing the condition of the endoscopes, which includes visual inspection and leak testing before its use. Further, it is used for manual cleaning or automated disinfection or sterilization of endoscopes, which reduces possibility of infection through endoscopes. It basically uses the enzymatic detergents and favorable temperature for the cleaning. 

The higher threat of infections associated with inappropriate sterilization of endoscopes is primarily responsible for driving the growth of the endoscopy reprocessor market. Additionally, the growing prevalence of diseases in which endoscopy procedures are required and increasing number of hospitals and rising hospital investments in endoscopy instruments also heighten the overall growth of the market.

Global Endoscopy Reprocessor Market Scope and Market Size:

On the basis of type, the market is segmented into manual cleaning solutions and automated cleaning solutions.

On the basis of solution, the endoscopy reprocessor market is segmented into glutaraldehyde, phtharal, peracetic acid, highly-acidic electrolyzed water, aldehyde-based disinfectants, hypochlorous acid, chlorine dioxide and alcohols.

On the basis of end user, the endoscopy reprocessor market is segregated into hospitals, ambulatory centers and others.

  Global Endoscopy Reprocessor Market Country Level Analysis:

The countries covered in Global Endoscopy Reprocessor Market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

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Competitive Landscape & Global Endoscopy Reprocessor Market Share Analysis:

Endoscopy Reprocessor Market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Endoscopy Reprocessor Market.

 Major Players:

Cantel Medical

Anios

Olympus Corporation of the Americas

Wassenburg Medical B.V.

Customultrasonics

STERIS

Steelco S.p.A

 Major TOC of the Report:

Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview  

Chapter Four: Executive Summary

Chapter Five: Premium Insight

Chapter Six: COVID-19 Impact on Global Endoscopy Reprocessor Market

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Endoscope Reprocessing Market Demand, Insights and Forecast up to 2024

Endoscope Reprocessing Market: Overview

Endoscopy-related infections are a worldwide concern for healthcare industry, with emergent risks propelling the need for robust processing protocols. Endoscopes are used extensively in the management—screening, diagnosis, and treatment—of a wide range of gastrointestinal (GI) diseases. The efficacy has grown continuously with technological advancements in designs and the materials used in the equipment. Despite this, the reprocessing protocols pose a major concern for flexible endoscopes, since the past few years have seen contamination in endoscopes key reason for rise in nosocomial infections. Need to address the concern has driven the evolution of endoscope reprocessing market. Several countries have thus gravitated toward evidence-based guidelines on endoscope reprocessing. In this regard, the demand for automated endoscope reprocessors has gained traction for high-level disinfection (HLD), further spurring investments by medical device manufacturers and OEMs.

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The study on the endoscope reprocessing market scrutinizes various key trends and product developments, adoption trends in various healthcare settings, regional growth dynamics, and an in-depth competitive landscape. The report presents a detailed insight into the demand dynamics related to test strips, detergents and wipes, and automated equipment.

Endoscope Reprocessing Market: Current Prospects and Future Avenues

Past few years have seen rise in infectious disease outbreaks worldwide, especially multi-drug resistant bacteria. Variation within the flexible endoscope reprocessing practices has brought forth some genuine concerns of endoscopy related infections. The lack of uniformity of practices for endoscope reprocessing has led to rise in concerns of infectious disease outbreaks, arising out some of the glaring laspses in reprocessing of duodenoscopes, bronchoscopes, and ureteroscopes, including in automated reprocessing processes.

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Updates in guidelines in high-level disinfection of flexible endoscopes have spurred the number of standardized education and training programs, propelling the expansion of the endoscope reprocessing market. Complexity of designs in duodenoscopes is another aspect has intensified the need for reprocessing practices worldwide, thereby propelling the expansion of avenues in the endoscope reprocessing market. Various high-income countries have seen growing number of training programs for flexible endoscope reprocessing, engendering the value chain in the endoscope reprocessing market. Some of the key methods used are microbial cultures and adenosine triphosphate (ATP) test. The growing number of dedicated endoscope reprocessing professionals is a key trend bolstering the demand.

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Product Development Avenues for Companies in Endoscope Reprocessing Market

The endoscope processing market is enriched by the constant urge to develop, launch, and market products that help healthcare facilities meet stringent quality control on infection processing plans in the use of medical equipment. Companies including Olympus and Getinge are keenly exploring technologies that endorse ‘zero tolerance’ toward endoscope processing, and are thus espousing high-level disinfection programs in healthcare facilities.

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Numerous players are leaning on launching automated reprocessing products for flexible endoscopes, broadly that offers consistent operations, reliability, and also cost-effective maintenance. Technologies for high-level disinfection of flexible endoscopes. Top players are keen on equipping reprocessing products that can meet complex handling requirements.

Some other key players in the endoscope reprocessing market are Medonica Co. LTD, Borer Chemie AG, BES Healthcare Ltd., Custom Ultrasonics, and Wassenburg Medical.

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Endoscope Reprocessing Market: Key Geographical Markets and Opportunities in Emerging Economies

North America is a lucrative market. Rise in number of GI endoscope procedures has spurred the demand for reliable and efficient technologies for preventing pathogen contamination of various types of endoscopes. Advent of central endoscope reprocessing areas is expected to bolster prospects in the regional market. Further, the trend of novel product launches along with robust reprocessing programs for high-level disinfection has spurred the demand for new technologies and high-level disinfectants in flexible endoscope reprocessing.

The U.S. FDA have been at the forefront of promoting the demand for high-level disinfectants such as glutaraldehyde, peracetic acid, and peracetic acid/hydrogen peroxide blend. Asia Pacific has also emerged as a market with new revenue streams to equipment manufacturers in the endoscope reprocessing market.

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Endoscope Reprocessing Market by Product Type, Future Growth - Global Forecast by 2020-2025

Endoscopes are used for a variety of diagnostic, surgical, and therapeutic needs in clinical practice. The devices are often reusable and therefore require reprocessing to ensure patient safety and prevent transmission of microorganisms from one patient to the next. In recent years, there have been reported outbreaks by contaminated flexible endoscopes. The transmissions of harmful microorganisms via endoscopes are largely attributed to lapses in essential reprocessing steps. The complex design of the scopes aggravates proper cleaning due to their narrow, tight channels and microscopic crevices that cannot be easily reached. Organic debris and fluid can accumulate and settle in such tracts, enabling biofilm formation and potentially harmful microorganism growth. Therefore, proper reprocessing of endoscopes is regulated by a series of steps and procedures to ensure optimal cleaning results and thereby enhance patient safety.

How Big is The Global Endoscope Reprocessing Market? The Endoscope Reprocessing Market is expected to be around US$ 2.15 Billion by 2025 at a CAGR of 8.5% in the given forecast period.

The major driving factors of Endoscope Reprocessing Market are as follows:

High Risk of Infections related to Improper Sterilization of Endoscopes Increasing Investments, Funds, and Grants By Government Bodies Worldwide Rising variety of Hospitals and Growing Hospital Investments in scrutiny Instruments Rising Prevalence of Diseases that need endoscopy Procedures

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The restraining factors of Endoscope Reprocessing Market­ are as follows: High price of scrutiny Procedures & Reprocessing instrumentation and restricted Reimbursements in Developing Countries

Issues relating to the security of Reprocessed Instruments

The Endoscope Reprocessing Market is segmented on the lines of its product, end-user and regional. Based on product type segmentation it covers high-level disinfectants and test strips; detergents and wipes; endoscope tracking systems; endoscope drying, storage, and transport systems; automated endoscope preprocessors (AERs); and other products (brushes and flushing aids, leak testers, hookups, and sponges). Based on end-user it covers hospitals, ambulatory surgery centers, and other end users (diagnostic centers, mobile endoscopy facilities, and office endoscopy centers). Endoscope Reprocessing Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:

An overview of the global market for Endoscope Reprocessing Market and related technologies.

Analyses of global market trends, with data from 2016, estimates for 2017 and 2018, and projections of compound annual growth rates (CAGRs) through 2025.

Identifications of new market opportunities and targeted promotional plans for Endoscope Reprocessing Market

Discussion of research and development, and the demand for new products and new applications.

Comprehensive company profiles of major players in the industry.

Report scope:

The scope of the report includes a detailed study of Endoscope Reprocessing Marketwith the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report includeMedivators Inc., Olympus Corp., STERIS Plc., Getinge Group, Hoya Group, Laboratoires Anios, Custom Ultrasonics, Inc., SciCan Ltd (Sanavis Group), Shinva Medical Instrument co., Ltd., ARC Healthcare Solutions Inc., Antonio Matachana SA, Choyang Medical Industry Ltd., DGM Pharma-Apparate Handel Ag, MMM Medical Equipment UK LTD, Medonica Co. Ltd., Belimed AG (Metall Zug), Steelco S.P.A, and Advanced Sterilization Products Services Inc. amongst others. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

The Endoscope Reprocessing Market has been segmented as below:

By Product Type:

High-Level Disinfectants & Test Strips Detergents & Wipes Automated Endoscope Reprocessors

Single-Basin Automated Endoscope Reprocessors Double-Basin Automated Endoscope Reprocessors

Endoscope Drying, Storage, & Transport Systems Endoscope Tracking Systems

Advantages of Endoscope Tracking Systems

Other Products By End-user Type:

Hospitals Ambulatory Surgery Centers Other End Users (diagnostic centers, mobile endoscopy facilities, and office endoscopy centers)

By Regional Analysis:

North America Europe Asia-Pacific Rest of the World

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Identify growth segments and opportunities in the industry.

Facilitate decision making on the basis of strong historic and forecast of Endoscope Reprocessing Market.

Assess your competitor’s refining portfolio and its evolution.

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Automated Endoscope Reprocessing Device Market - Opportunities & Forecast, 2018-2025

The key factors bolstering the market growth are increasing number of endoscopy procedures coupled with minimally invasive surgeries, paradigm shift towards automated reprocessing from manual cleaning procedures, rising concerns pertaining to infection-free endoscopy, improved reimbursement policy, and stringent rules & regulations in the healthcare industry. Moreover, the steady rise in the volume of endoscopic procedures has increased demand for automated endoscope reprocessing device across the globe.

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Double basin device type segment is anticipated to dominate the market during the forecast period owing to surging adoption rate of double basin automated endoscope reprocessors in hospitals, especially in infection prevention and control department and rising awareness regarding the use of double basin endoscope reprocessing devices. The end-user segment includes hospitals, ambulatory surgical centers and clinics. Hospital segment held the largest share in the 2017 and is predicted to grow at a promising growth rate during the forecast period, owing to, significant healthcare spending and increasing government and private investments for healthcare facilities infrastructure.

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Various notable players operating in the market include, STERIS Plc., Olympus Corporation, Getinge AB, Steelco S.p.A., Cantel Medical Corp., Laboratory Anios, Hoya Corporation, Metull Zug AG, Advanced Sterilization Products Services Inc. (Johnson & Johnson). among others.

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The research report provides in-depth analysis of the global automated endoscope reprocessing market, based on device type, modality, end use and major geographies for the forecast period from 2018 to 2025. The report highlights the major market drivers fuelling the growth as well as challenges faced by the market participants. The research report provides market size and forecast for automated endoscope reprocessing market. The report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.

Key questions answered in this research report:

•      At what pace is automated endoscope reprocessing market growing, globally? What will be the growth trend in future?

•      What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints over the coming years?

•      What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the automated endoscope reprocessing market?

•      What are the various application areas and how they are poised to grow?

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Automated Endoscopy Reprocessor Market Drivers is Responsible to for Increasing Market Share, Forecast 2026

Automated Endoscopy Reprocessor (AER) can enhance consistency, efficiency, and reliability of endoscope reprocessing by automating and standardizing various important reprocessing stages, eventually reducing the possibility of human error. AERs reduces exposure to harmful chemical germicides and can decrease health problems related to endoscopes reprocessing. Therefore, American Society for Gastrointestinal Endoscopy (ASGE) strongly recommends the use of AERs for endoscope reprocessing. The World Gastroenterology Organization (WGO) recommends the use of AER as the most extensive options for diagnostics improvement where sufficient resources are available. However, it also states that conversion from manual use to AERs, can generate cost and revenue offsets to produce direct financial gains for some endoscopy units in emerging economies.

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Market Dynamics

Major factors driving growth of the automated endoscopy reprocessor market includes rising adoption of AERs in hospitals for infection control and prevention coupled with increasing rate of gastrointestinal disorders. According to Center for Disease Control and Prevention report of 2016, the number of adults diagnosed with ulcers were 14.7 million in the U.S. Furthermore, increasing number of endoscopy procedures and demand for minimally invasive surgeries due low hospital stay cost is also expected to fuel automated endoscope reprocessor market growth. However, risk of infection post endoscopic reprocessing procedures and complications related with AERs can negatively impact adoption of automated endoscope reprocessors, thus affecting growth of the market during the forecast period. Product recalls due to stringent government regulations is also a major factor hindering the market growth.

Automated Endoscopy Reprocessor Market

Increasing adoption rate of endoscope reprocessors in hospitals for infection prevention and control is expected to fuel the global automated endoscopy reprocessor market revenue. AERs can enhance reliability and consistency of endoscope reprocessing by standardizing several important reprocessing steps, thereby reducing the possibility of human error. The use of AERs reduces exposure of personnel to harmful chemical germicides, thereby minimizing health problems attributed to reprocessing of endoscopes.

Moreover, rising government concerns pertaining to patient safety and increasing healthcare infrastructure are factors contributing to rise in global automated endoscopy reprocessors market size. For instance, in 2015, the Centers for Disease Control and Prevention (CDC) requested the Healthcare Infection Control Practices Advisory Committee (HICPAC) to issue guidelines for improvement of facility-level training to ensure competency for endoscope reprocessing devices.

Key companies covered as a part of this study include Cantel Medical Corp., Johnson & Johnson, Laboratoires Anios, Olympus Corporation, Steelco SpA, Steris Plc., Getinge Group, Hoya Group, and Metall Zug AG.

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Automated Endoscopy Reprocessor Market to Surpass US$ 2.5 Billion by 2026

The Global Automated Endoscopy Reprocessor Market, by Product Type (Single Basin and Double Basin), by Modality (Portable and Standalone), by End User (Hospital, Diagnostic Laboratories, and Ambulatory Centers), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$ 845.3 million in 2017 and is projected to exhibit a CAGR of 6.7% over the forecast period (2018 – 2026), as highlighted in a new report published by Coherent Market Insights. Automated endoscopy reprocessor (AER) market is expected to grow at significant rate, owing to rising number of gastrointestinal (GI) diseases demanding endoscopy procedures.

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Increasing demand for endoscopic devices is expected to drive the automated endoscopy reprocessor market growth

Various factors such as rising cases of stomach ulcers, increasing alcohol consumption, lack of proper diet and increasing incidence of autoimmune diseases are contributing to the rise of GI disorders worldwide. Common GI diseases include colorectal cancer, ulcerative colitis, gastro esophageal reflux disease, Crohn’s disease, and inflammatory bowel disease.

Emerging nations are experiencing remarkably high demand for minimally invasive surgical procedures due to increasing disease burden and rising disposable income. However, lack of healthcare professionals skilled in endoscopic procedures and lack of proper medical equipment has created an imbalance between demand and supply. Moreover, a sturdy rise is observed every year in demand for endoscopy in all modern healthcare systems. According to International Journal of Gastroenterology Disorders & Therapy article 2015, about 30 million endoscopic procedures are performed annually in the U.S. Endoscopic products manufacturers are using their technology and services to fulfil this growing demand.

Automated endoscopy reprocessor offer many advantages over manual reprocessing such as automation and standardization of several important reprocessing steps, thus eliminating the chance of missing steps owing to human error, and lessen exposure of endoscopy or sterile processing department personnel to high-level disinfectants (HLDs) or chemical sterilants. Therefore, demand for these products is increasing significantly.

Browse 35 Market Data Tables and 28 Figures spread through 180 Pages and in-depth TOC on “Automated Endoscopy Reprocessor Market, by Product Type (Single Basin and Double Basin), by Modality (Portable and Standalone), by End User (Hospital, Diagnostic Laboratories, and Ambulatory Centers), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Forecast to 2026”

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Key Takeaways of the Automated Endoscopy Reprocessor Market:

The global automated endoscopy reprocessor market size is expected to exhibit a CAGR of 6.7% over the forecast period, owing to rising number gastrointestinal diseases demanding endoscopy procedures.

Among modality, the standalone segment is estimated to hold the dominant position in the automated endoscopy reprocessor market, in 2017. This is due to large capacity of the machine in comparison to portable product and therefore, demand for these products is relatively high.

Among end user, the hospital segment is estimated to hold the dominant position in the automated endoscopy reprocessor market, in 2017, owing to increasing demand from hospitals for endoscopy procedures.

Key players operating in the global automated endoscopy reprocessor market include Cantel Medical Corp., Johnson & Johnson, Laboratoires Anios, Olympus Corporation, Steelco SpA, Steris Plc., Getinge Group, Hoya Group, and Metall Zug AG.

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Endoscope Reprocessing Device Market Industry Report (2026)

To Gain More Insights into the Endoscope Reprocessing Device Market, Browse Summary of the Research Report –

Endoscope reprocessing devices are used in the healthcare settings for the reprocessing procedures of the endoscopes. The endoscope reprocessing devices are used to decontaminate the instruments and devices such as duodenoscopes, endoscope accessories, and others. Endoscope reprocessing devices are Class II devices cleared through the premarket notification by the Food and Drug Administration (FDA). The devices are designed to inhibit microorganisms in or on reusable endoscopes by exposing their outside surfaces and interior channels to chemical solutions. Moreover, the endoscope reprocessing devices reduce staff exposure hazards associated with aldehyde-based solutions, thus granting major safety advantage for the adoption and usage of endoscope reprocessing devices.

https://www.coherentmarketinsights.com/ongoing-insight/endoscope-reprocessing-device-market-1010

The global endoscope reprocessing device market is segmented on the basis of product type, modality, end user, and geography.

The rise in adoption of endoscope reprocessors in hospitals for infection prevention and control and the emergence of automated endoscope reprocessors (AER) in the healthcare settings is expected to fuel the growth of the global endoscope reprocessing device market over the forecast period. The AERs can enhance the reliability and consistency of endoscope reprocessing by standardizing several important reprocessing steps, thereby reducing the possibility of human error. The use of AERs reduces exposure of personnel to harmful chemical germicides, thereby minimizing the health problems attributed to reprocessing of endoscopes. Moreover, rising government concerns pertaining to patient safety and strong healthcare infrastructure support are the factors contributing to rise in global endoscope reprocessing device market. For instance, in 2015, the Centers for Disease Control and Prevention (CDC) has asked the Healthcare Infection Control Practices Advisory Committee (HICPAC) to issue guidelines for the improvement of facility-level training to ensure competency for endoscope reprocessing devices.

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Regional segmentation of the endoscope reprocessing device market by Coherent Market Insights comprises North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to dominate the endoscope reprocessing device market with the factors attributed to larger number of endoscopic procedures. According to the American Society for Gastrointestinal Endoscopy, 2016, approximately 20 million gastro intestinal endoscopic procedures are performed annually in the U.S. with the transmission rate of infectious agents with an estimated frequency of 1 out of 1.8 million procedures. Asia Pacific is expected to witness a drastic growth in global endoscope reprocessing device market, owing to the enhanced competition with the presence of top manufacturers and ageing population susceptible to frequent medical check-ups, thus creating a positive impact on the endoscope reprocessing devices market.

Table of Contents

https://www.coherentmarketinsights.com/ongoing-insight/toc/1010

Top players in the market

The key players operating the endoscope reprocessing device market are STERIS Plc., Cilag GmbH International, Soluscope, ENDO-TECHNIK W.Griesat GmbH, Getinge AB, PENTAX Medical, Wassenburg Medical B.V., Steelco S.p.A., Medivators Inc., Johnson & Johnson, and Minntech Corp. The key players are mainly focused on product innovations and global expansion of the products to expand the market presence. For instance, the Getinge ED-FLOW AER (automated endoscope reprocessing) launched by Getinge Group in 2014, is the world's first true pass-through AER. The product two separate chambers and short cycles, which offers excellent capacity to reprocess 6 endoscopes per hour, providing solutions in large endoscopy departments.

Research methodology adopted by Coherent Market Insights

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

Primary Research (Trade Surveys and Experts Interviews)

Desk Research

Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

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Global endoscopy reprocessor market is set to witness a substantial CAGR of 8.76% in the forecast period of 2019- 2026

Global endoscopy reprocessor market is set to witness a substantial CAGR of 8.76% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. This rise in market value can be attributed to increasing demand for Endoscopes.

This endoscopy reprocessor market research report comprises of fundamental, secondary and advanced information related to the global status and trend, market size, sales volume, market share, growth, future trends analysis, segment and forecasts from 2019 – 2026. Market drivers, market restraints, opportunities and challenges are studied under the topic of market overview, which gives valuable insights to businesses for taking right moves. Additionally, this endoscopy reprocessor market report presents a profound overview of product specification, technology, product type and production analysis by taking into account most important factors such as revenue, cost, gross and gross margin.

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Competitive Analysis:

Global endoscopy reprocessor market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of endoscopy reprocessor market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major competitors currently working in global endoscopy reprocessor market are Advanced Sterilization Products Division Ethicon US, LLC., Cantel Medical, Laboratoires Anios, Olympus America, Wassenburg Medical, customultrasonics.com, STERIS plc, Steelco S.p.A, Getinge AB, ENDO-TECHNIK W. Griesat GmbH, ARC Group of Companies Inc., Metrex Research, LLC., Metall Zug AG, SciCan Inc., SHINVA MEDICAL INSTRUMENT CO., LTD., MATACHANA GROUP, MMM Medical Equipment UK Limited, Medonica Co. LTD, MEDIVATORS Inc. among others.

Key Developments in the Market:

In October 2018, Olympus Corporation launched OER-Mini Endoscope Reprocessor for ENT. The product is a tabletop endoscope reprocessor which is designed to provide better and efficient reprocessing through removing few manual steps of reprocessing endoscopes. The product launch will help company to increase market presence as the new product is providing various advantages over manual reprocessing

In April 2018, Cantel Medical has received 510 (k) clearance from U.S. Food and Drug Administration (FDA) for ADVANTAGE PLUS Pass-Thru an automated endoscope reprocessor (AER). The ADVANTAGE PLUSPass-Thru AER is designed to guarantee highest quality in infection prevention via decreasing the risk of distraction, human error and unintended lapses in cleaning protocols. The product approval will help company to further expands endoscopy portfolio to safeguard to the world from infections with innovative, market leading technologies

Market Drivers

Higher threat of infections associated with inappropriate sterilization of endoscopes is expected to drive the growth of the market

Growing number of grants, investments and funds by government authorities is expected to enhance this market growth

Increasing number of hospitals and rising hospital investments in endoscopy instruments will also boost the market

Growing prevalence of diseases in which endoscopy procedures acts as a market driver

Market Restraints

Higher price of endoscopy procedures & reprocessing equipment and controlled reimbursements in developing countries are expected to restrict the market growth

Concerns regarding the safety of reprocessed instruments is also hampering the market growth

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Segmentation: Global Endoscopy Reprocessor Market By Type

Manual Cleaning Solutions

Automated Cleaning Disinfectants (Solutions)

By Product Type

Automated Endoscope Reprocessors

High-Level Disinfectants & Test Strips

Detergents & Wipes

Endoscope Drying, Storage, & Transport Systems

Endoscope Tracking Systems

Other Products

Single-Basin Automated Endoscope Reprocessors

Double-Basin Automated Endoscope Reprocessors

By Solution Type

Glutaraldehyde

Phtharal (Phthalaldehyde)

Peracetic Acid

Highly-Acidic Electrolyzed Water (EOW)

Aldehyde-Based Disinfectants

Hypochlorous Acid (Superoxidised Water)

Chlorine Dioxide

Alcohols

By End User

Hospitals

Ambiguity Centers

Others

By Geography

North America

South America

Europe

Asia-Pacific

Middle East & Africa

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Global Automated Endoscope Reprocessing Device Market Prospects and Growth Assessment Presented Until the End of 2025

Surging demand from healthcare industries, such as hospital facilities, ambulatory surgical centres, specialty clinics worldwide has led to burgeoning market growth of automated endoscope reprocessing device market

The global automated endoscope reprocessing device market exhibited a value of USD 433.2 million in 2017, and is expected to reach USD 683.5 million by 2025, growing at a CAGR of 5.9% during 2018–2025.The key factors boosting the market growth are paradigm shift towards automated endoscope reprocessing from manual cleaning procedures, rising concerns pertaining to infection free endoscopy and rising technological advancement and spending on healthcare facilities.

Double basin endoscope reprocessing device is expected to exhibit the highest CAGR during the forecast period owing to surging adoption rate of double basin automated endoscope reprocessors in hospitals, especially in infection prevention and control department and rising awareness regarding the use of double basin endoscope reprocessing.

Some of the other factors affecting the market growth are rising concerns pertaining to infection free endoscopy, expansion via partnerships & collaborations and stringent rules & regulation in healthcare industry. Moreover, apart from this, the technological advancements and improving reimbursement policy are further likely to drive the growth in the automated endoscope reprocessing device market, globally.

Hospital segment hold the largest market share in the 2017 and is predicted to grow at an estimated CAGR of 6.0% during the forecast period owing to rising adoption and penetration of automated endoscope reprocessing devices in Hospital. Also, significant healthcare spending and increasing government & private investments for healthcare facilities infrastructure are expected to lay down the best path for the market to grow

“Strategic collaboration among manufacturers, healthcare providers, accrediting organizations, professional societies, and government agencies may help to design, approve and distribute automated endoscope reprocessing devices throughout the world, hence, such collaboration will benefit all stakeholders in the coming years” —-GMI Research

Based on geography, North America held the largest share in the market in 2017 on account of well-established healthcare infrastructure and adequate reimbursement policy increase demand in end-use verticals, majorly in hospital and ambulatory surgical centres coupled with stringent government rule and regulation. Asia-Pacific is the fastest growing region in the global automated endoscope reprocessing device market and is projected to grow at CAGR of 5.3% during 2018-2025. Increasing government and private funding for the healthcare infrastructure, rising medical tourism and increasing adoption of automated endoscope reprocessing device for the reprocessing of endoscopes are key factors which are supporting the growth of the market in the region.

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Key takeaways: • Double basin endoscope reprocessing device is expected to exhibit the highest CAGR during the forecast period • Hospital segment hold the largest market share in the 2017 and is predicted to grow at an estimated CAGR of 6.0% during the forecast period • North America held the largest share in the market in 2017 • Asia-Pacific is the fastest growing region in the global automated endoscope reprocessing device market and is projected to grow at CAGR of 5.3% during 2018-2025

Some of the key players operating in the global automated endoscope reprocessing device market, include STERIS Plc., Olympus Corporation, Getinge AB, Steelco S.p.A., Cantel Medical Corp., Laboratory Anios, Hoya Corporation, Metull Zug AG, Advanced Sterilization Products Services Inc. (Johnson & Johnson) among others.

The global automated endoscope reprocessing device market has been segmented on the basis of device type, modality type, end user and key geographies. Based on the device type, market is segmented into single basin automated endoscope reprocessing device and double basin automated endoscope reprocessing device. Based on Modality type, the market comprises of standalone and bench top. Based on end use, the market has been segmented into hospitals, ambulatory surgical centres and clinics.

The research report “global automated endoscope reprocessing device market” provides in-depth analysis of automated endoscope reprocessing device across the globe, based on device type, modality, end user and major geographies for the forecast period from 2018 to 2025. The report highlights the major market drivers propelling the growth as well as challenges faced by the market participants. The research report also provides market size and forecast for automated endoscope reprocessing device market. The report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.

For more details, browse the Table of Contents: https://www.gmiresearch.com/report/global-automated-endoscopic-reprocessing-market-2018-2025-share-trends-type-forecasts-insight-healthcare.html