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Follow on Google News |  Global Automated Endoscope Reprocessing Device Market (2018-2025)-GMI ResearchAccording to GMI Research report, the global automated endoscope reprocessing market was estimated to be USD 433.2 million in 2017
By: GMI Research According to GMI Research report, the global automated endoscope reprocessing market was estimated to be USD 433.2 million in 2017, and is projected to reach USD 683.5 million by the end of 2025, exhibiting a CAGR of 5.9% during 2018—2025. The key factors bolstering the market growth are increasing number of endoscopy procedures coupled with minimally invasive surgeries, paradigm shift towards automated reprocessing from manual cleaning procedures, rising concerns pertaining to infection-free endoscopy, improved reimbursement policy, and stringent rules & regulations in the healthcare industry. Download Sample Brochure : https://www.gmiresearch.com/ On the basis of device type, double basin automated endoscope reprocessors are expected to exhibit the highest CAGR through 2025 Double basin device type segment is anticipated to dominate the market due to rising demand from healthcare industries, such as hospital facilities, ambulatory surgical centers, specialty clinics and others, worldwide. Technological advancements and improving reimbursement policy are likely to drive the growth of these segments. On the basis of end user, hospital segment dominated the market in 2017 Hospital segment held the largest share in the indicated year and is predicted to grow at a substantial rate during the forecast period owing to rising adoption and penetration of automated endoscope reprocessing devices in various areas, such as hospitals, ambulatory surgical centers (ASCs), clinics, etc. Also, significant healthcare spending and increasing government and private investments for healthcare facilities infrastructure are expected to aid the market growth. Based on geography, North America holds the largest share in the market in 2017 North America held the largest share in global automated endoscope reprocessing device market in 2017 due to well-established healthcare infrastructure and adequate reimbursement policies. In addition, stringent government rules and regulations also led to increased demand in all end-use sectors, majorly in hospitals and ambulatory surgical centers in the indicated year in the region. Europe is predicted to be the second most attractive regional market in the automated endoscope reprocessors industry, globally and is likely to show a promising growth in the next few years. Asia-Pacific is another key emerging region in automated endoscope reprocessing device market across the globe. Countries like China and India are projected to grow at the highest rate over the coming years in Asia-Pacific region. Various notable players operating the automated endoscopic reprocessing market include STERIS Plc., Olympus Corporation, Getinge AB, Steelco S.p.A., Cantel Medical Corp., Laboratory Anios, Hoya Corporation, Metull Zug AG, Advanced Sterilization Products Services Inc. (Johnson & Johnson) among others. This research report on automated endoscopic reprocessing market provides in-depth analysis of the global automated endoscopic reprocessing market based on device type, modality, end user and major geographies for the forecast period from 2018 to 2025. The report highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for automated endoscopic reprocessing market. The report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent development in the market. Key questions answered in this research report: 1- At what pace is automated endoscopic reprocessing market growing? What will be growth trend in future? 2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future? 3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the automated endoscopic reprocessing market? 4- What are the various application areas and how they are poised to grow? The global automated endoscopic reprocessing market is segmented on the basis of Device type, Modality, end user and geography: Global Automated Endoscopic Reprocessing Market by Devices Type Single Basin Automated Endoscope Reprocessors Double Basin Automated Endoscope Reprocessors Global Automated Endoscopic Reprocessing Market by Modality Standalone Bench Top Global Automated Endoscopic Reprocessing Market by End User Hospitals Ambulatory Surgical Centres Clinics Global Automated Endoscopic Reprocessing Market by Geography North America Asia-Pacific Europe Rest of World Global Automated Endoscopic Reprocessing Market Competitive Landscape Major Players and their Key Strategies New product launches Mergers and acquisitions Collaborations, partnerships, agreements and joint venture For Sample Pages & Detailed Report Description Visit : https://www.gmiresearch.com/ About US GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition. Contact – Sarah Nash Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate, Dublin D18 Y3X2, Ireland U.S Office +1 860 881 2270 Europe Office +353 1 442 8820 Email: sales@gmiresearch.com End
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