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(Medical-NewsWire.com, February 20, 2020 ) The Global Endoscope Reprocessing Market is expected to reach US $2.15 billion, at a CAGR of 8.6%
Factors such as high risk of infections associated with improper sterilization of endoscopes, increasing investments, funds, and grants by government bodies across the globe, rising number of hospitals and growing hospital investments in endoscopy instruments, and rising prevalence of diseases that require endoscopy procedures are driving the growth of the market during the forecast period.
Endoscope reprocessing caters to a diverse group of end users, namely, hospitals, ambulatory surgery centers, and other end users such as diagnostic centers, mobile endoscopy facilities, and office endoscopy centers.
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Endoscope Reprocessing Market segmentation:
• based on products
• based on end users
• based on regions.
On the basis of products, the market is segmented into 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). The high-level disinfectants and test strips segment held the largest share of the global market for endoscope reprocessing.
The Major Players Operating in the Endoscope Reprocessing Market:
The various players in the market include Advanced Sterilization Products (ASP) (US), Cantel Medical (US), Laboratories Anios (France), Olympus (Japan), Wassenburg Medical (The Netherlands), Custom Ultrasonics (US), STERIS (US), Steelco (Italy), Getinge (Sweden), ENDO-TECHNIK (Germany), BES Decon (UK), ARC Healthcare Solutions (Canada), and Metrex Research (US) among others.
Objectives of the Study:
• To define, describe, and measure the global market by products, end user, and region
• To provide detailed information regarding the major factors, such as drivers, restraints, growth opportunities, and challenges influencing the growth of the market
• To analyze micro-markets with respect to individual growth trends, prospects, and contributions to the global market.
• To analyze the opportunities in the global market for key stakeholders and provide details of the competitive landscape for major market leaders
• To forecast the size of the market segments with respect to four main regions, namely, North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW)
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Geographical Detailed Analysis for Endoscope Reprocessing Market:
In the US, the market is driven by the favorable reimbursement scenario, rising incidence of cancer, increasing investments by hospitals to purchase new endoscopic equipment, and increasing incidence of endoscope-related infections. In Canada, the growth of the market is driven by the availability of physician bonuses, and implementation of a new funding model for Canadian hospitals.
MarketsandMarkets™
Mr. Sanjay Gupta
1-888-600-6441
raviraj.tak@marketsandmarkets.com
Source: EmailWire.Com 
Source: EmailWire.com
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