The global endoscope reprocessing devices market is on the cusp of significant expansion, with market projections forecasting a substantial increase from USD 1.4 billion in 2022 to an impressive USD 3.1 billion by 2032. This remarkable growth is expected to be driven by a robust compound annual growth rate (CAGR) of 7.8% over the forecast period.
Endoscope reprocessing devices are vital in maintaining the highest standards of hygiene and safety in healthcare settings, ensuring the effective cleaning, disinfection, and sterilization of endoscopes. These devices play a crucial role in reducing the risk of infections associated with medical procedures, making them indispensable in modern healthcare facilities.
“Maintaining optimal infection control in healthcare facilities is paramount,” noted a FMI, a leading provider in medical device solutions. “The demand for reliable and efficient endoscope reprocessing devices is rising as healthcare providers prioritize patient safety and operational efficiency.”
Endoscopes, essential tools in minimally invasive procedures, offer advantages such as reduced infection risks, shorter hospital stays, and lower healthcare costs compared to traditional surgical methods. These benefits are expected to drive the demand for endoscopes, consequently boosting the market for associated reprocessing devices.
The market growth is further supported by ongoing research and development efforts aimed at enhancing the quality and efficacy of endoscope reprocessing technologies. Manufacturers are focusing on innovation to meet stringent regulatory standards and address evolving healthcare challenges.
As the market expands, regulatory compliance, technological innovation, and strategic partnerships will be pivotal in shaping the competitive landscape of the global endoscope reprocessing devices market.
Key Takeaways: Global Endoscope Reprocessing Devices Market
- The market is expected to grow significantly from USD 1.4 billion in 2022 to USD 3.1 billion by 2032, driven by advancements in healthcare and rising use of endoscopy procedures (CAGR of 7.8%).
- Proper cleaning and disinfection of endoscopes is crucial to prevent infections. Automated reprocessing offers a more reliable solution.
- Automated endoscope reprocessors, washer disinfectors, ultrasonic washers, and sterilizers are used for cleaning and decontamination.
- Minimally invasive procedures with smaller incisions, reduced infection risk, faster recovery times, and lower healthcare costs.
- Increasing demand for minimally invasive surgeries due to rising chronic diseases and aging population. Collaboration between manufacturers and local players to expand into emerging markets.
- High growth potential in India, China, Brazil, Mexico, and South Africa due to large patient populations, rising disposable income, and economic development.
- Growing life expectancy and focus on cost-effective treatments lead to more procedures requiring disinfected instruments. Rising healthcare expenditure attracts new market entrants.
- North America (U.S. with 89% share) due to high prevalence of gastrointestinal diseases and colorectal cancer. Japan (7.7% share) with growing awareness of patient safety and infection prevention.
- India (5.5% share) is expected to be the fastest growing market due to increasing popularity of minimally invasive surgeries and affordability of endoscopes.
Gain Full Insight: Access the Complete Endoscope Reprocessing Device Market Report…
Competitive Landscape:
Key players in the endoscope reprocessing device market are responding to high demand from diverse end users and expanding their businesses. They are introducing new products featuring advanced technologies and establishing state-of-the-art production facilities. Additionally, these manufacturers are engaging in distribution agreements and acquiring local companies to enhance their market reach.
A few strategies undertaken by key players in the endoscope reprocessing device market are:
- On December 23, 2021, Belimed Life Science Inc. opened a new sales and support operation center in North Charleston.
- On November 29, 2021, Getinge expanded its footprint in Vietnam by establishing its own legal entity, Getinge Vietnam. The company has been present in Vietnam for more than 40 years through its distributors.
Key Companies Profiled:
- Medivators Inc
- Olympus Corporation
- STERIS
- Getinge AB
- HOYA Corporation
- Laboratories Anios
- customultrasonics.com
- SciCan Inc
- SHINVA MEDICAL INSTRUMENT CO., LTD
- ARC Group of Companies Inc.
- MATACHANA
- Choyang Medical Industry Ltd
- DGM Infection Control Systems
- MMM Medical Equipment UK LTD
- Medonica Co. LTD
- Belimed AG (Metall Zug)
- Steelco S.P.A
- Advanced Sterilization Products Services Inc.
Key Segments Covered in the Endoscope Reprocessing Device Market Report:
By Product:
- Automated Endoscope Reprocessor
- Single Basin AER
- Dual Basin AER
- Washer Disinfector
- Single Chamber
- Multiple Chamber
- Sterilizer
- Ultrasonic Washer
- Drying and Storage Cabinet
- Single Door
- Double Door
By End User:
- Hospitals
- Ambulatory Surgical Center
- Specialty Clinics
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa (MEA)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube