
Cleaning, sanitizing, and sterilizing endoscopic equipment is referred to as endoscope reprocessing. This equipment reprocessing is done to ensure that no patient infections or microorganisms are transferred when the equipment is used again. Cleaning, disinfection, and sterilization are the three main infection prevention measures that are involved, and after they are carried out and finished, the equipment is prepared for reuse.
Increased government grants, funds, and investments, a growing number of hospitals investing in endoscopy equipment, an increase in the prevalence of diseases requiring endoscopy procedures, an increase in the number of endoscopy procedures, and risks related to the transmission of infections due to inadequate sterilization of endoscopes are other factors driving the market growth. In addition, the growing number of free trade agreements and the expanding healthcare markets in developing nations will expand the endoscope reprocessing market's potential over the anticipated period of 2021–2028.
One of the key factors propelling the growth of the worldwide endoscope reprocessing market is the rising demand for endoscopic treatments along with the rising risks of endoscope-associated infections. The use of infected endoscopes results in endoscope-associated illnesses. Several bacterial infections are brought on by improperly reprocessed endoscopes. Bronchoscope, colonoscope, and gastroscope epidemics are brought on by endoscope-related infections. Due to their persistence in biofilms, Pseudomonas aeruginosa and Klebsiella pneumoniae are the primary endoscopic outbreaks. Additionally, biofilm formation is prone to occur due to excessive strain and wear, the damage path, including biopsy channels. During the anticipated period, the worldwide endoscope reprocessing market is anticipated to increase due to the rising elderly population and increasing utilization of endoscopic operations.
Moreover, healthcare authorities from all around the world are placing a lot more attention on improving the reprocessing guidelines. The global endoscope reprocessing market's trajectory will be positively impacted by the Covid-19 outbreak. To reduce the danger of coronavirus infection, proper endoscope reprocessing is crucial in otolaryngology and pulmonary medicine. The global market for endoscope reprocessing will expand at a faster rate due to hospitals' increasing investments in endoscopic equipment. Additionally, the increasing use of endoscopic devices for illness diagnosis and treatment is projected to increase the need for proper endoscope reprocessing. But in the coming years, more sophisticated methods for endoscope reprocessing are likely to be introduced thanks to the expanding technological advances in the field of medical science.
Endoscopy operations are minimally invasive surgical procedures that involve the use of small tubes, miniature cameras, and surgical tools through one or more small incisions. The main benefits of endoscopic operations include less pain, a shorter or no hospital stay, and fewer difficulties with pre- and post-surgery care. Because of this, these operations are more affordable, more successful, and safer than conventional open surgeries. Additionally, health insurance companies in wealthy nations including the US, Canada, the UK, Germany, Australia, and a few Middle Eastern nations like the UAE cover these operations. These elements contribute to both patients' and doctors' strong preferences for endoscopic operations. In the US, there are over 11.0 million colonoscopies conducted annually, along with 6.1 million upper endoscopies, 313,000 flexible sigmoidoscopies, 178,400 upper endoscopic ultrasonography exams, and 169,500 endoscopic retrograde cholangiopancreatography procedures (Source: Gastroenterology 2019).
At high-volume sites (3,000 annual procedures), the cost per colonoscopy, including procurement, maintenance, and reprocessing, ranges from USD 188.64 to USD 501.16 at low-volume centers (1,000 annual procedures). As a result, the price per procedure is from USD 87.48 to USD 262.45; the price for repairs is between USD 68.77 and USD 206.32; the price for cleaning supplies and labor is between USD 32.39 and USD 50.11; and the price for infections that necessitate hospitalization is between USD 20.12 and USD 46.52. With the introduction of disposable colonoscopes, low-volume centers are most likely to experience cost savings. Healthcare providers generally lack the financial resources to invest in such expensive and advanced technologies, especially in emerging nations like India, Brazil, and Mexico. Additionally, the staff should receive training in the proper use and upkeep of endoscopic systems and apparatus. It is crucial to maintain endoscopic equipment since incorrectly reprocessed endoscopes can cause cross-contamination and expose patients to infections. This can result in more expenses. Additionally, repeated heating and cooling during disinfection processes might weaken the durability of endoscopic equipment by wearing down the insertion and light guide tubes. These several elements raise the price of endoscopic operations.
Report Coverage
Global Endoscope Reprocessing research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Endoscope Reprocessing report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Endoscope Reprocessing competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Endoscope Reprocessing market players and analyses their core competencies in each global market sub-segments.
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2017-2030 |
Base Year | 2022 |
Forecast Period | 2022-2030 |
Historical Period | 2017-2021 |
Unit | Value (USD Billion) |
Key Companies Profiled | Cantel Medical (US), Advanced Sterilization Products (ASP) (US), Olympus Corporation (Japan), Ecolab (US), STERIS (Ireland), Getinge AB (Sweden), Wassenburg Medical (Netherlands), CONMED Corporation (US), Belimed AG (Switzerland), Endo-Technik W. Griesat (Germany), Custom Ultrasonics (US), Steelco S.p.A. (Italy), BES Healthcare Ltd (UK), ARC Healthcare Solutions (Canada), Metrex Research, LLC. (Canada), Richard Wolf GmbH (Germany), MEDALKAN (Greece), Micro-Scientific, LLC (US), Borer Chemie AG (Switzerland), Tuttnauer (Netherlands), ATMS (Canada), Summit Imaging, Inc. (US), Medonica Co. LTD (South Korea), SHINVA MEDICAL INSTRUMENT CO. LTD (China), Medical Devices Group Srl (Italy), Laboratoires Anios, HOYA Corporation, SciCan Inc., MATACHANA GROUP, CHOYANG, DGM Infection Control Systems, MMM Group. |
Segments Covered | • By Product |
Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Endoscope Reprocessing Market from 2021 to 2030.
- Market Forecast for Endoscope Reprocessing Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Endoscope Reprocessing competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Endoscope Reprocessing
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Endoscope Reprocessing market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Endoscope Reprocessing market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Cantel Medical (US), Advanced Sterilization Products (ASP) (US), Olympus Corporation (Japan), Ecolab (US), STERIS (Ireland), Getinge AB (Sweden), Wassenburg Medical (Netherlands), CONMED Corporation (US), Belimed AG (Switzerland), Endo-Technik W. Griesat (Germany), Custom Ultrasonics (US), Steelco S.p.A. (Italy), BES Healthcare Ltd (UK), ARC Healthcare Solutions (Canada), Metrex Research, LLC. (Canada), Richard Wolf GmbH (Germany), MEDALKAN (Greece), Micro-Scientific, LLC (US), Borer Chemie AG (Switzerland), Tuttnauer (Netherlands), ATMS (Canada), Summit Imaging, Inc. (US), Medonica Co. LTD (South Korea), SHINVA MEDICAL INSTRUMENT CO. LTD (China), Medical Devices Group Srl (Italy), Laboratoires Anios, HOYA Corporation, SciCan Inc., MATACHANA GROUP, CHOYANG, DGM Infection Control Systems, MMM Group.
Primary Target Market
- Market Players of Endoscope Reprocessing
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Endoscope Reprocessing market based on the below-mentioned segments:
Global Endoscope Reprocessing Market, By Product
High-Level Disinfectants and Test Strips
Detergents & Wipes
Automated Endoscope Reprocessors
Endoscope Drying, Storage, & Transport Systems
Endoscope Tracking Solutions
Other Products
Global Endoscope Reprocessing Market, By End User
Hospitals
Ambulatory Surgical Centers and Clinics
Other End Users
Global Endoscope Reprocessing market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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