"Endoscopic reprocessing medical device" means a medical device used in the reprocessing of endoscopic equipment used for the examination and treatment of internal organs or cavities. An endoscope is a medical tool that allows doctors to directly observe and manipulate a patient's internal organs through its elongated tube-like structure and lens without performing open surgery.
Endoscope reprocessing refers to cleaning, disinfecting, and sterilizing the endoscope after use to ensure that the instrument is sterile, safe and reliable the next time it is used. This process is very important because during endoscopy and treatment, instruments may come into contact with the patient's blood, body fluids, etc., and if not properly reprocessed, infectious diseases may be transmitted.
According to the new market research report “Endoscope Reprocessing Medical Device- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Endoscope Reprocessing Medical Device market size is projected to reach USD 0.77 billion by 2029, at a CAGR of 7.7% during the forecast period.
Source: QYResearch, "Endoscope Reprocessing Medical Device- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
Source: QYResearch, "Endoscope Reprocessing Medical Device- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of Endoscope Reprocessing Medical Device include Olympus, STERIS, Wassenburg Medical, SciCan, Getinge, PENTAX Medical(Hoya), Ecolab, Shinva, BELIMED, Nuova SB System, etc.
In 2022, the global top five players had a share approximately 46.0% in terms of revenue.
Market Drivers:
Market Demand: Demand from patients and medical institutions for cleaner and safer medical devices has driven the development of the reprocessed medical device industry. The cost of single-use equipment and environmental considerations also influence market demand.
Hygiene and Safety Awareness: Globally, increased hygiene and safety awareness has had a positive impact on the reprocessed medical device industry. Increased health and safety requirements have prompted the industry to take more effective measures to ensure the quality and safety of equipment reprocessing.
Manufacturing technology progress: The introduction and innovation of new technologies are crucial to the development of the endoscope reprocessing medical device industry. Including the application of intelligent, automated and digital technologies, making the reprocessing process more efficient and reliable.
Restraint:
Regulatory and Compliance Requirements: The industry faces ever-changing regulatory and compliance requirements, which can increase the complexity and cost of the reprocessing process. Manufacturers and healthcare organizations need to constantly adapt to new regulatory standards.
Medical device supply chain issues: Instability and disruption in global supply chains can negatively impact medical device manufacturing and supply, thereby affecting the acquisition and use of reprocessing equipment.
Market competition: The reprocessed medical device industry faces fierce market competition, and manufacturers need to continuously improve product quality, innovation capabilities and service levels to remain competitive.
Opportunity:
As environmental awareness increases, medical institutions and governments are likely to pay more attention to sustainability and resource recovery. Endoscope reprocessing helps reduce the generation of medical waste and meets environmental standards.
Healthcare organizations are constantly looking for ways to reduce costs and optimize resource utilization. Endoscope reprocessing can help healthcare facilities operate more efficiently by reducing the cost of single-use instruments.
As medical technology continues to develop, the demand for professional endoscope reprocessing personnel is also increasing. Providers of training and education services may find business opportunities in this area.
About The Authors
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Ziyi Fan |
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Lead Author |
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Consumer Goods, Equipment & Parts, Packaging, etc. |
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