Automated Endoscope Reprocessing Device Market and Geography – Opportunities & Forecast, 2018-2025

 


Automated Endoscope Reprocessing Device Market

The size of the global automated endoscope reprocessing device market is increasing at a CAGR of 5.9% during 2018-2025. The increasing focus to launch innovative products in concern towards patents security and the accelerating cases of infectious diseases will push the market growth.

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Automated Endoscope Reprocessing Device Market Dynamics

The AERs can improve the reliability of endoscope reprocessing in hospital to prevent infections. Thus, the growing concern towards patient safety and enhanced healthcare facilities will proliferate the growth of the global Automated Endoscope Reprocessing Device Market. Also, the ongoing technological innovations and the upgrade reimbursement policies will steer the market size. AERs help in killing microorganisms on recyclable endoscopes by exposing their outside surfaces with disinfectants. Market expansion through collaborations and amalgamations with the rigorous norms in healthcare industry has bolstered the market growth. The remarkable switch towards automated endoscope reprocessing from manual cleaning processes is another major factor contributing to the market growth.

However, the sudden widespread of the coronavirus has raised the number of people suffering from vomiting, nausea, and diarrhea. This, along with the death rate concerned with GI diseases, is positively influencing the demand for endoscopy procedures to improve patients safety.

On the other hand, the huge cost associated with the chemicals, infection risks and complications concerned with automated endoscope reprocessors are certain challenges anticipated to restrain the market growth.

Regional Drivers

Based on the regional analysis, the North America is anticipated to dominate the market with the largest share during the forecast period. This is because of the well-established healthcare infrastructure and suitable indemnification policy in several end-use verticals, primarily in hospital and ambulatory surgical centres along with the strict government rule and regulation. On the other hand, the Asia-Pacific region is anticipated to expand at a CAGR of 5.3% during 2018-2025. The rising support from government, such as allowances for the healthcare infrastructure, surging medical tourism and augmenting acquisition of automated endoscope reprocessing device for the reprocessing of endoscopes are the driving forces of the market.

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