GI illnesses are on the rise around the world due to a variety of variables including an increase in stomach ulcers, increased alcohol intake, a lack of healthy food, and an increase in the incidence of autoimmune diseases. Colorectal cancer, ulcerative colitis, gastroesophageal reflux disease, Crohn’s disease, and inflammatory bowel disease are all common GI illnesses..
Because of increased illness burdens and disposable wealth, emerging countries are seeing an unusually strong demand for minimally invasive surgical procedures. However, a demand-supply imbalance has resulted from a scarcity of endoscopic healthcare professionals and suitable medical equipment. 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.
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A comprehensive study on the impact of the Covid-19 pandemic on the global Automated Endoscopy Reprocessor Market is also crafted in the report. Automated endoscopy reprocessors have a number of advantages over manual reprocessing, including the automation and standardisation of several key reprocessing steps, reducing the risk of missing steps due to human error, and reducing the exposure of endoscopy or sterile processing department personnel to high-level disinfectants (HLDs) or chemical sterilants. Therefore, demand for these products is increasing significantly.
To increase their market share, key players in the automated endoscopic reprocessor market are investing heavily in new product development and existing product advancements, as well as strategic partnerships. Cantel Medical, for example, got FDA approval to commercialise its new automated endoscope reprocessor, Advantage Plus Pass-Thru, in April 2018. The device provides high-level disinfection for commonly used endoscopes, including duodenoscopes.
Cantel Medical Corp. also paid US$ 26.9 million in 2014 for PuriCore International Ltd., a manufacturer of automated endoscope reprocessors, endoscope drying and storage cabinets, chemistry, and consumables. Furthermore, cooperation among manufacturers, accrediting organisations, healthcare providers, professionals, and government organisations can aid in the resolution of concerns such as infection transmission risk, endoscope and AER design, and other endoscope reprocessing challenges.
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Key Takeaways of the Automated Endoscopy Reprocessor Market:
Due to the increased number of gastrointestinal disorders requiring endoscopic operations, the global automated endoscope reprocessor market is predicted to grow at a CAGR of 6.7 percent over the forecast period. • In 2017, the standalone category is expected to dominate the automated endoscopic reprocessor market, according to estimates. This is owing to the machine’s larger capacity compared to portable products, and as a result, demand for these products is rather 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.
North America holds a dominant position in the global automated endoscopy reprocessor market, owing to increase in R&D process and affordability among various organizations.
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.
Reasons to Purchase this Report
• Current and future of global Automated Endoscopy Reprocessor market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
Table of Content
Global Automated Endoscopy Reprocessor Market Research Report
Section 1: Global Automated Endoscopy Reprocessor Industry Overview
Section 2: Global Economic Impact on Automated Endoscopy Reprocessor Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Automated Endoscopy Reprocessor Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers
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