Physicians use endoscopes multiple times to diagnose and treat various diseases. Endoscopes are used on a number of patients, making them prone to contamination after use. To avoid risk of infection, endoscopes need to be sterilized before use. Automated endoscope reprocessor devices are used to clean, sterilize and disinfect endoscopes.
“The global automated endoscope reprocessors market estimated to be worth $740.6 million in 2015, is expected to increase at a compound annual growth rate (CAGR) of 7.2 percent through 2024,” according to Persistence Market Research.
“Increasing adoption of automated endoscope reprocessors in hospitals for infection control and prevention is expected to fuel revenue growth of the global automated endoscope reprocessors market over the forecast period (2016-2024). An increasing number of endoscopy procedures coupled with minimally invasive surgeries among a rising global population is further expected to drive demand for the adoption of automated endoscope reprocessors,” according to Persistence Market Research. “Rising concerns pertaining to patient safety, strong health care infrastructure support, and well-established reimbursements for surgical procedures are also driving revenue growth of the global automated endoscope reprocessors market.”
Yet, the report did indicate hurdles that the market will have to overcome.
“However, risk of infection after endoscopic reprocessing procedures and complications associated with automated endoscope reprocessors are some of the challenges likely to hamper the growth of the global automated endoscope reprocessors market over the forecast period,” according to Persistence Market Research.
The cleaning of endoscopes is also driving other global markets.
“The global endoscope reprocessing solution market is anticipated to show robust growth owing to increased investment in research and development by key players,” according to a report by LANEWS.org.
“Hospitals are anticipated to show high growth owing to increased percentage of endoscopic procedures in hospitals and availability of skilled staff,” the report added.
Endoscope cleaning is a part of the larger medical device cleaning market.
According to a new Data Bridge Market Research market report, the global medical device cleaning market accounted to $1.54 billion in 2016 and is expected to expand at a CAGR of 5.3 percent during the forecast period of 2017 to 2024.
“The rise in the global medical device cleaning market is owing to rapid increase in geriatric population and rise in incidence of hospital-acquired infections (HAIs) and chronic diseases,” Data Bridge Market Research reports.
“North America holds the largest share of this market because of its well-developed health care industries and rise in surgical treatments,” the report adds. “Asia-Pacific is expected to witness the highest CAGR in the forecast period due to health care spending and reforms along with growing awareness, low labor costs, and favorable regulatory environment.”