The Global AutomatedEndoscopy Reprocessor Market, by Product Type (Single Basin and DoubleBasin), by Modality (Portable and Standalone), by End User (Hospital,Diagnostic Laboratories, and Ambulatory Centers), and by Region (North America,Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$845.3 million in 2017 and is projected to exhibit a CAGR of 6.7% over theforecast period (2018 – 2026). Automated endoscopy reprocessor (AER) market isexpected to grow at significant rate, owing to rising number ofgastrointestinal (GI) diseases demanding endoscopy procedures.
Increasing demand for endoscopicdevices is expected to drive the automated endoscopy reprocessor market growth
Various factors such as risingcases of stomach ulcers, increasing alcohol consumption, lack of proper dietand increasing incidence of autoimmune diseases are contributing to the rise ofGI disorders worldwide. Common GI diseases include colorectal cancer,ulcerative colitis, gastro esophageal reflux disease, Crohn’s disease, andinflammatory bowel disease.
Emerging nations are experiencingremarkably high demand for minimally invasive surgical procedures due toincreasing disease burden and rising disposable income. However, lack ofhealthcare professionals skilled in endoscopic procedures and lack of propermedical equipment has created an imbalance between demand and supply. Moreover,a sturdy rise is observed every year in demand for endoscopy in all modernhealthcare systems. According to International Journal of GastroenterologyDisorders & Therapy article 2015, about 30 million endoscopic proceduresare performed annually in the U.S. Endoscopic products manufacturers are usingtheir technology and services to fulfil this growing demand.
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Automated endoscopy reprocessoroffer many advantages over manual reprocessing such as automation andstandardization of several important reprocessing steps, thus eliminating thechance of missing steps owing to human error, and lessen exposure of endoscopyor sterile processing department personnel to high-level disinfectants (HLDs)or chemical sterilants. Therefore, demand for these products is increasingsignificantly.
Browse 35 Market Data Tables and28 Figures spread through 180 Pages and in-depth TOC on “Automated EndoscopyReprocessor Market, by Product Type (Single Basin and Double Basin), byModality (Portable and Standalone), by End User (Hospital, DiagnosticLaboratories, and Ambulatory Centers), and by Region (North America, LatinAmerica, Europe, Asia Pacific, Middle East, and Africa) - Global Forecast to 2026”
Key players in automatedendoscopy reprocessor market are investing significantly in new productdevelopment and innovations in existing products, and focus on strategiccollaboration to enhance their market share. For instance, in April 2018,Cantel Medical received FDA approval to sell its new automated endoscopereprocessor, Advantage Plus Pass-Thru. The device provides high-leveldisinfection for commonly used endoscopes, including duodenoscopes.
Furthermore, in 2014, CantelMedical Corp. acquired PuriCore International Ltd., a provider of automatedendoscope reprocessors, endoscope drying and storage cabinets, chemistry andconsumables for US$ 26.9 million. Moreover, collaborations among manufacturers,accrediting organizations, healthcare providers, professionals, and governmentorganizations can help resolve problems associated with risk of infectiontransmission, endoscope and AER design, and other issues related to endoscopereprocessing.
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Key Takeaways of the AutomatedEndoscopy Reprocessor Market:
The global automated endoscopy reprocessormarket size is expected to exhibit a CAGR of 6.7% over the forecast period,owing to rising number gastrointestinal diseases demanding endoscopyprocedures.
Among modality, the standalonesegment is estimated to hold the dominant position in the automated endoscopyreprocessor market, in 2017. This is due to large capacity of the machine incomparison to portable product and therefore, demand for these products isrelatively high.
Among end user, the hospitalsegment is estimated to hold the dominant position in the automated endoscopyreprocessor market, in 2017, owing to increasing demand from hospitals forendoscopy procedures.
North America holds a dominantposition in the global automated endoscopy reprocessor market, owing toincrease in R&D process and affordability among various organizations.
Key players operating in theglobal 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.
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