Endoscope Reprocessing Market Insights and Updates - 2031
The Endoscope Reprocessing Market is expected to register a CAGR of 9.5% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Product ( High-Level Disinfectants and Test Strips, Detergents and wipes, AWRs, Endoscope Drying, Storage and Transport Systems, Endoscope Tracking Systems, Other Products ); End User ( Hospitals, Ambulatory Surgical Centers, Other End Users). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Endoscope Reprocessing Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Endoscope Reprocessing Market Segmentation
Product- High-Level Disinfectants and Test Strips
- Detergents and wipes
- AWRs
- Endoscope Drying
- Storage and Transport Systems
- Endoscope Tracking Systems
- Other Products
- Hospitals
- Ambulatory Surgical Centers
- Other End Users
Strategic Insights
Endoscope Reprocessing Market Growth Drivers- Need for High-Level Disinfection: The key growth drivers of the market are constituted by the need for high-level disinfection of endoscopes. Since endoscopes play a crucial role in many medical procedures, proper reprocessing of these devices is essential in averting infection and ensuring patient safety, thereby inducing a requirement for automated endoscope reprocessing devices that are in greater demand and developed recently.
- Rising Number of Endoscopic Procedures: With endoscopic surgery, an influx of procedures performed owing to the incorporation of advanced technologies such as robotics will drive the market for reprocessing solutions. This means that the more procedures are conducted, the greater demand will be for efficient and effective reprocessing solutions, thus fueling the market.
- Growing Awareness of Infection Control: Infection control is gathering speed in health care. It's not uncommon for hospitals and clinics to invest more heavily in hard-hitting infection control measures-including proper endoscope reprocessing. In fact, increased awareness on this matter serves as a robust engine for investments in reprocessing technologies and systems.
- Sustainability Initiatives: Sustainability is a growing concern of the healthcare industry as a whole. A growing trend is that of companies regarding their exploration into eco-friendly means of disinfecting and repurposing themselves to minimize their environmental impact. Healthcare providers and patients alike are becoming increasingly concerned about this significant change in sustainability practices.
- Emerging Markets: In the coming years, new prospects will also be seen in emerging markets, where healthcare infrastructure is still in the development stages. As these markets expand their health service provision, demand for endoscopic procedures along with associated reprocessing solutions shall increase, offering substantial growth opportunities for market players.
- Technological Advancements: The emergence of automated endoscope reprocessors (AERs), as well as more efficient cleaning systems, presents immense potential. These advancements not only streamline the reprocessing sequence but also increase safety compliance, thus appealing to medical centers that are keen on modernizing their facilities.
- Focus on Infection Control: Amidst the rising concerns regarding infection control in many healthcare venues, it is attractive to see that there is a space or market for various companies to introduce and sell products within these parameters. This includes, for instance, high-level cleaning agents, indicator strips, and other products that ensure the safety of processed endoscopes.
- Regulatory Support and Guidelines: There's an increasing regulatory demand aimed at ensuring proper handling and reprocessing of endoscopes to mitigate the risk of causing infections. As a result of this policy, certain companies can consider adjusting their products in order to cover these aspects of compliance and, therefore, ensure a positive reception of their products in the market.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Endoscope Reprocessing Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Endoscope Reprocessing Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
Have a question?
Mrinal
Mrinal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The Endoscope Reprocessing Market is estimated to witness a CAGR of 9.5% from 2023 to 2031
The major factors driving the Endoscope Reprocessing Market are:
1. Need for High-Level Disinfection
2. Rising Number of Endoscopic Procedures
3. Growing Awareness of Infection Control
North America region dominated the Endoscope Reprocessing Market in 2023
Asia Pacific region dominated the Endoscope Reprocessing Market in 2023
The High-Level Disinfectants and Test Strips segment accounts for highest revenue in type the Endoscope Reprocessing Market in 2023
Advanced Sterilization Products, Olympus, STERIS, Getinge accounting for higesh market shares and are some of the major players operating in the market
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Endoscope Reprocessing Market - By Product
1.3.2 Endoscope Reprocessing Market - By End User
1.3.3 Endoscope Reprocessing Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. ENDOSCOPE REPROCESSING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ENDOSCOPE REPROCESSING MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. ENDOSCOPE REPROCESSING MARKET - GLOBAL MARKET ANALYSIS
6.1. ENDOSCOPE REPROCESSING - GLOBAL MARKET OVERVIEW
6.2. ENDOSCOPE REPROCESSING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ENDOSCOPE REPROCESSING MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. HIGH-LEVEL DISINFECTANTS AND TEST STRIPS
7.3.1. Overview
7.3.2. High-Level Disinfectants and Test Strips Market Forecast and Analysis
7.4. DETERGENTS AND WIPES
7.4.1. Overview
7.4.2. Detergents and wipes Market Forecast and Analysis
7.5. AWRS
7.5.1. Overview
7.5.2. AWRs Market Forecast and Analysis
7.6. ENDOSCOPE DRYING
7.6.1. Overview
7.6.2. Endoscope Drying Market Forecast and Analysis
7.7. STORAGE AND TRANSPORT SYSTEMS
7.7.1. Overview
7.7.2. Storage and Transport Systems Market Forecast and Analysis
7.8. ENDOSCOPE TRACKING SYSTEMS
7.8.1. Overview
7.8.2. Endoscope Tracking Systems Market Forecast and Analysis
7.9. OTHER PRODUCTS
7.9.1. Overview
7.9.2. Other Products Market Forecast and Analysis
8. ENDOSCOPE REPROCESSING MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. HOSPITALS
8.3.1. Overview
8.3.2. Hospitals Market Forecast and Analysis
8.4. AMBULATORY SURGICAL CENTERS
8.4.1. Overview
8.4.2. Ambulatory Surgical Centers Market Forecast and Analysis
8.5. OTHER END USERS.
8.5.1. Overview
8.5.2. Other End Users. Market Forecast and Analysis
9. ENDOSCOPE REPROCESSING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Endoscope Reprocessing Market Overview
9.1.2 North America Endoscope Reprocessing Market Forecasts and Analysis
9.1.3 North America Endoscope Reprocessing Market Forecasts and Analysis - By Product
9.1.4 North America Endoscope Reprocessing Market Forecasts and Analysis - By End User
9.1.5 North America Endoscope Reprocessing Market Forecasts and Analysis - By Countries
9.1.5.1 United States Endoscope Reprocessing Market
9.1.5.1.1 United States Endoscope Reprocessing Market by Product
9.1.5.1.2 United States Endoscope Reprocessing Market by End User
9.1.5.2 Canada Endoscope Reprocessing Market
9.1.5.2.1 Canada Endoscope Reprocessing Market by Product
9.1.5.2.2 Canada Endoscope Reprocessing Market by End User
9.1.5.3 Mexico Endoscope Reprocessing Market
9.1.5.3.1 Mexico Endoscope Reprocessing Market by Product
9.1.5.3.2 Mexico Endoscope Reprocessing Market by End User
9.1.5.4 US Endoscope Reprocessing Market
9.1.5.4.1 US Endoscope Reprocessing Market by Product
9.1.5.4.2 US Endoscope Reprocessing Market by End User
9.2. EUROPE
9.2.1 Europe Endoscope Reprocessing Market Overview
9.2.2 Europe Endoscope Reprocessing Market Forecasts and Analysis
9.2.3 Europe Endoscope Reprocessing Market Forecasts and Analysis - By Product
9.2.4 Europe Endoscope Reprocessing Market Forecasts and Analysis - By End User
9.2.5 Europe Endoscope Reprocessing Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Endoscope Reprocessing Market
9.2.5.1.1 Germany Endoscope Reprocessing Market by Product
9.2.5.1.2 Germany Endoscope Reprocessing Market by End User
9.2.5.2 France Endoscope Reprocessing Market
9.2.5.2.1 France Endoscope Reprocessing Market by Product
9.2.5.2.2 France Endoscope Reprocessing Market by End User
9.2.5.3 Italy Endoscope Reprocessing Market
9.2.5.3.1 Italy Endoscope Reprocessing Market by Product
9.2.5.3.2 Italy Endoscope Reprocessing Market by End User
9.2.5.4 Spain Endoscope Reprocessing Market
9.2.5.4.1 Spain Endoscope Reprocessing Market by Product
9.2.5.4.2 Spain Endoscope Reprocessing Market by End User
9.2.5.5 United Kingdom Endoscope Reprocessing Market
9.2.5.5.1 United Kingdom Endoscope Reprocessing Market by Product
9.2.5.5.2 United Kingdom Endoscope Reprocessing Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Endoscope Reprocessing Market Overview
9.3.2 Asia-Pacific Endoscope Reprocessing Market Forecasts and Analysis
9.3.3 Asia-Pacific Endoscope Reprocessing Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Endoscope Reprocessing Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Endoscope Reprocessing Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Endoscope Reprocessing Market
9.3.5.1.1 Australia Endoscope Reprocessing Market by Product
9.3.5.1.2 Australia Endoscope Reprocessing Market by End User
9.3.5.2 China Endoscope Reprocessing Market
9.3.5.2.1 China Endoscope Reprocessing Market by Product
9.3.5.2.2 China Endoscope Reprocessing Market by End User
9.3.5.3 India Endoscope Reprocessing Market
9.3.5.3.1 India Endoscope Reprocessing Market by Product
9.3.5.3.2 India Endoscope Reprocessing Market by End User
9.3.5.4 Japan Endoscope Reprocessing Market
9.3.5.4.1 Japan Endoscope Reprocessing Market by Product
9.3.5.4.2 Japan Endoscope Reprocessing Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Endoscope Reprocessing Market Overview
9.4.2 Middle East and Africa Endoscope Reprocessing Market Forecasts and Analysis
9.4.3 Middle East and Africa Endoscope Reprocessing Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Endoscope Reprocessing Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Endoscope Reprocessing Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Endoscope Reprocessing Market
9.4.5.1.1 South Africa Endoscope Reprocessing Market by Product
9.4.5.1.2 South Africa Endoscope Reprocessing Market by End User
9.4.5.2 Saudi Arabia Endoscope Reprocessing Market
9.4.5.2.1 Saudi Arabia Endoscope Reprocessing Market by Product
9.4.5.2.2 Saudi Arabia Endoscope Reprocessing Market by End User
9.4.5.3 U.A.E Endoscope Reprocessing Market
9.4.5.3.1 U.A.E Endoscope Reprocessing Market by Product
9.4.5.3.2 U.A.E Endoscope Reprocessing Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Endoscope Reprocessing Market Overview
9.5.2 South and Central America Endoscope Reprocessing Market Forecasts and Analysis
9.5.3 South and Central America Endoscope Reprocessing Market Forecasts and Analysis - By Product
9.5.4 South and Central America Endoscope Reprocessing Market Forecasts and Analysis - By End User
9.5.5 South and Central America Endoscope Reprocessing Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Endoscope Reprocessing Market
9.5.5.1.1 Brazil Endoscope Reprocessing Market by Product
9.5.5.1.2 Brazil Endoscope Reprocessing Market by End User
9.5.5.2 Argentina Endoscope Reprocessing Market
9.5.5.2.1 Argentina Endoscope Reprocessing Market by Product
9.5.5.2.2 Argentina Endoscope Reprocessing Market by End User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. ENDOSCOPE REPROCESSING MARKET, KEY COMPANY PROFILES
11.1. ADVANCED STERILIZATION PRODUCTS
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CANTEL MEDICAL
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. LABORATORIES ANIOS
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. OLYMPUS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. WASSENBURG MEDICAL
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. CUSTOM ULTRASONICS
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. STERIS
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. STEELCO
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. GETINGE
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ENDO-TECHNIK
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
- Advanced Sterilization Products
- Cantel Medical
- Laboratories Anios
- Olympus
- Wassenburg Medical
- Custom Ultrasonics
- STERIS
- Steelco
- Getinge
- ENDO-TECHNIK
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For