PUNE, India, October 17, 2017 /PRNewswire/ -- According to a new market research report "Endoscope Reprocessing Market by Product (High-level Disinfectants & Test Strips, Detergents & Wipes, Automated Endoscope Reprocessors, Endoscope Tracking Systems, Brushes), End User (Hospitals, Ambulatory Surgery Centers) - Global Forecast to 2022", published by MarketsandMarkets™, the global market is expected to reach USD 2.15 Billion by 2022 from an estimated USD 1.42 Billion in 2017, at a CAGR of 8.6%.

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Factors such as high risk of infections associated with improper sterilization of endoscopes, increasing investments, funds, and grants by government bodies across the globe, rising number of hospitals and growing hospital investments in endoscopy instruments, and rising prevalence of diseases that require endoscopy procedures are driving the growth of the Endoscope Reprocessing Market during the forecast period.

Automated Endoscope Reprocessors (AERs) to account for the largest share of the Endoscope Reprocessing Market in 2017

On the basis of products, the 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).

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The high-level disinfectants and test strips segment is expected to account for the largest share of the global Endoscope Reprocessing Market in 2017. The large share of this segment is attributed to the increasing outbreaks linked to inadequate cleaning or disinfecting during HLD, the effectiveness of high-level disinfectants for quality assurance in decontaminating endoscopes, and rising adherence to endoscope reprocessing guidelines by healthcare centers.

Hospitals segment expected to account for the largest share of the market in 2017

On the basis of end user, the Endoscope Reprocessing Market has been segmented into hospitals, ambulatory surgery centers, and other end users (diagnostic centers, mobile endoscopy facilities, and office endoscopy centers). In 2017, the hospitals segment is expected to account for the largest share of the global Endoscope Reprocessing Market. The ambulatory surgery centers (ASCs) segment, on the other hand, is expected to be the fastest-growing segment during the forecast period. The high growth in this segment can be attributed to the increase in the number of endoscopic procedures performed in ASCs, and rising preference of ASCs over hospitals.

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