Global Endoscope Reprocessing Market to Reach $2.15 Billion

The global endoscope reprocessing market is slated to grow at a compound annual growth rate (CAGR) of 8.6% from 2017 to 2022, reaching $2.15 billion, according to Reportlinker. Factors such as the high risk of infections associated with improper sterilization of endoscopes; increasing investments, funds, and grants by government bodies across the globe; growing hospital investments in endoscopy instruments; and the rising prevalence of diseases that require endoscopic procedures are driving the growth of the endoscope reprocessing market during the forecast period.

However, the high cost of endoscopic procedures and reprocessing equipment; limited reimbursements in developing countries; and concerns regarding the safety of reprocessed instruments are expected to restrain the growth of this market to a certain extent.

Based on product type, the endoscope reprocessing market is segmented into high-level disinfectants and test strips; detergents and wipes; endoscope tracking systems; endoscope drying, storage, and transport systems; automated endoscope reprocessors (AERs); and other products (brushes and flushing aids, leak testers, hookups, and sponges).

During the forecast period, the AERs segment is slated to grow at the highest CAGR. Growth in this segment is mainly driven by the rising adoption of AERs in hospitals for infection control and prevention, the increasing number of endoscopic procedures, growing concerns about patient safety among clinicians, the development of novel automated endoscope reprocessors, and the rising aging population.

Further, based on end user, the endoscope reprocessing market is segmented into hospitals, ambulatory surgery centers (ASCs), and other end users (i.e., diagnostic centers, mobile endoscopy facilities, and office endoscopy centers). During the forecast period, ASCs are anticipated to grow at the highest CAGR. The high growth in this segment can be attributed to the increase in the number of endoscopic procedures performed in ASCs, and the rising preference of ASCs over hospitals.