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Global Automated Endoscope Reprocessors Market to reach USD 690.15 million by the end of 2029.

Global Automated Endoscope Reprocessors Market Size study & Forecast, by Product (Single Basin Automated, Dual Basin Automated), by Modality (Stand-alone Automated, Bench Top Automated), by End User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics) and Regional Analysis, 2022-2029

Product Code: HLSMDE-80308013
Publish Date: 9-05-2023
Page: 200

Global Automated Endoscope Reprocessors Market is valued at approximately USD 404.69 million in 2021 and is anticipated to grow with a healthy growth rate of more than 6.9% over the forecast period 2022-2029. Automated Endoscope Reprocessors are medical devices used in healthcare facilities for cleaning, disinfecting, and sterilizing flexible endoscopes. These instruments are used for minimally invasive procedures, such as colonoscopy, gastroscopy, bronchoscopy, and others, that allow physicians to visualize and treat internal organs without invasive surgery. The Automated Endoscope Reprocessors market is expanding because of factors such as the rise in the number of medical surgeries and the growing prevalence of gastrointestinal infections.

AERs are designed to automate and standardize the reprocessing including cleaning and disinfection of endoscopes to ensure they are thoroughly cleaned and safe for reuse on different patients. Its prevalence has progressively increased during the last few decades. According to Statista, the global minimally invasive surgery market was valued at around 20.5 billion US dollars in 2019 and is expected to grow to more than 44 billion US dollars by 2030. Furthermore, Obese and older populations are more susceptible to chronic diseases. The world’s elderly population was 727 million in 2020, according to the World Bank Group, and it is expected to triple over the next three decades, reaching 1.5 billion in 2050. Another important component driving space increase is gastrointestinal infection. According to Statista, in 2019 gastrointestinal conditions affected approximately 12% of Russia’s adult population. In addition, as per the survey conducted across India in 2019, around 57 % of respondents had stomach problems. In addition, 45 per cent of underweight people had stomach problems. According to World Cancer Research Fund International Organization, Stomach cancer is the fifth most common cancer in the world and the fourth most common type of cancer in men. Also, increasing technology in custom ultrasonics automated endoscopes and rising adoption of automation in the healthcare industry would create a lucrative growth prospectus for the market over the forecast period. However, high risks of infection associated with Endoscope stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Automated Endoscope Reprocessors Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the rising technological advancement in medical technology in the region. As per Statista, in a global comparison most of the revenue of Medical segment is generated in the United States USD 452.50 million in 2022. Furthermore, Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the rising number of target populations, and active participation of government and nonprofit organizations in the market space.

Major market player included in this report are:

Steris plc
Olympus Corporation
Johnson & Johnson Private Limited
Getinge AB
HOYA Corporation
Ecolab Inc
Ottomed Endoscopy
ARC Group of Companies Inc
Shinva Medical Instrument Co., Ltd
Custom Ultrasonics, Inc.

Recent Developments in the Market:
Ø In October 2022, Johnson & Johnson MedTech has introduced the TELIGENTM System, an integrated technology system that allows for minimally invasive surgical transforaminal lumbar interbody fusion processes using digital visualization and access tools. The TELIGENTM System consists of various components such as a camera control system, VueLIF-TTM Procedure Kit, TELIGENTM Clear Discectomy Device, and patient-based –single-use plastic ports.

Global Automated Endoscope Reprocessors Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Modality, End User, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

Product
Single Basin Automated
Dual Basin Automated

Modality
Stand-alone Automated
Bench Top Automated

End User
Hospitals
Ambulatory Surgical Centers
Specialty Clinics

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
1.2.1. Automated Endoscope Reprocessors Market, by Region, 2019-2029 (USD Million)
1.2.2. Automated Endoscope Reprocessors Market, by Product, 2019-2029 (USD Million)
1.2.3. Automated Endoscope Reprocessors Market, by Modality, 2019-2029 (USD Million)
1.2.4. Automated Endoscope Reprocessors Market, by End User, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Automated Endoscope Reprocessors Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Automated Endoscope Reprocessors Market Dynamics
3.1. Automated Endoscope Reprocessors Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Rise in number of medical surgeries
3.1.1.2. Growing prevalence of gastrointestinal infection
3.1.2. Market Challenges
3.1.2.1. High risks of infection associated with Endoscope.
3.1.3. Market Opportunities
3.1.3.1. Increasing technological in custom ultrasonics automated endoscope
3.1.3.2. Rising adoption of automation in healthcare industry
Chapter 4. Global Automated Endoscope Reprocessors Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Automated Endoscope Reprocessors Market, by Product
6.1. Market Snapshot
6.2. Global Automated Endoscope Reprocessors Market by Product, Performance – Potential Analysis
6.3. Global Automated Endoscope Reprocessors Market Estimates & Forecasts by Product 2019-2029 (USD Million)
6.4. Automated Endoscope Reprocessors Market, Sub Segment Analysis
6.4.1. Single Basin Automated
6.4.2. Dual Basin Automated
Chapter 7. Global Automated Endoscope Reprocessors Market, by Modality
7.1. Market Snapshot
7.2. Global Automated Endoscope Reprocessors Market by Modality, Performance – Potential Analysis
7.3. Global Automated Endoscope Reprocessors Market Estimates & Forecasts by Modality 2019-2029 (USD Million)
7.4. Automated Endoscope Reprocessors Market, Sub Segment Analysis
7.4.1. Stand-alone Automated
7.4.2. Bench Top Automated
Chapter 8. Global Automated Endoscope Reprocessors Market, by End User
8.1. Market Snapshot
8.2. Global Automated Endoscope Reprocessors Market by End User, Performance – Potential Analysis
8.3. Global Automated Endoscope Reprocessors Market Estimates & Forecasts by End User 2019-2029 (USD Million)
8.4. Automated Endoscope Reprocessors Market, Sub Segment Analysis
8.4.1. Hospitals
8.4.2. Ambulatory Surgical Centers
8.4.3. Specialty Clinics
Chapter 9. Global Automated Endoscope Reprocessors Market, Regional Analysis
9.1. Automated Endoscope Reprocessors Market, Regional Market Snapshot
9.2. North America Automated Endoscope Reprocessors Market
9.2.1. U.S. Automated Endoscope Reprocessors Market
9.2.1.1. Product breakdown estimates & forecasts, 2019-2029
9.2.1.2. Modality breakdown estimates & forecasts, 2019-2029
9.2.1.3. End User breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Automated Endoscope Reprocessors Market
9.3. Europe Automated Endoscope Reprocessors Market Snapshot
9.3.1. U.K. Automated Endoscope Reprocessors Market
9.3.2. Germany Automated Endoscope Reprocessors Market
9.3.3. France Automated Endoscope Reprocessors Market
9.3.4. Spain Automated Endoscope Reprocessors Market
9.3.5. Italy Automated Endoscope Reprocessors Market
9.3.6. Rest of Europe Automated Endoscope Reprocessors Market
9.4. Asia-Pacific Automated Endoscope Reprocessors Market Snapshot
9.4.1. China Automated Endoscope Reprocessors Market
9.4.2. India Automated Endoscope Reprocessors Market
9.4.3. Japan Automated Endoscope Reprocessors Market
9.4.4. Australia Automated Endoscope Reprocessors Market
9.4.5. South Korea Automated Endoscope Reprocessors Market
9.4.6. Rest of Asia Pacific Automated Endoscope Reprocessors Market
9.5. Latin America Automated Endoscope Reprocessors Market Snapshot
9.5.1. Brazil Automated Endoscope Reprocessors Market
9.5.2. Mexico Automated Endoscope Reprocessors Market
9.5.3. Rest of Latin America Automated Endoscope Reprocessors Market
9.6. Rest of The World Automated Endoscope Reprocessors Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Steris plc
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Olympus Corporation
10.2.3. Johnson & Johnson Private Limited
10.2.4. Getinge AB
10.2.5. HOYA Corporation
10.2.6. Ecolab Inc
10.2.7. Ottomed Endoscopy
10.2.8. ARC Group of Companies Inc
10.2.9. Shinva Medical Instrument Co., Ltd
10.2.10. Custom Ultrasonics, Inc.

Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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