AUTOMATED ENDOSCOPE REPROCESSORS MARKET ANALYSIS

Market Challenges And Opportunities

Global Automated Endoscope Reprocessors Market: Drivers

Shift towards value-based healthcare model is expected to propel growth of the global automated endoscope reprocessors market over the forecast period. Automated endoscope reprocessors play a critical role in healthcare set up, as they are used in everyday healthcare practice and for all age groups. Government and regulatory bodies of various countries are adopting various cost-containment measures to reduce the healthcare burden, especially in developed economies. It is driven by various measures taken by governments, medical device providers, insurance payers and manufacturers, which include outcome-based pricing, profit and risk sharing, price control and competitive tendering.

Moreover, increasing number of infection rate and hospital-acquired infections (HAIs) is also expected to aid in growth of the market. Automated endoscope reprocessors help reduce incidence of infections (endogenous or exogenous) and thus, demand for the same is expected to gain traction over the forecast period.

Global Automated Endoscope Reprocessors Market: Restraints

Risks of infection after endoscopic reprocessing procedures is expected to hinder growth of the global automated endoscope reprocessors market. E-coli microscopic organisms can be passed among patients by means of unclean endoscopes, which can bring about an intense disease episode. Automated endoscope reprocessors market is experiencing many issues related to infection control, adaptable endoscopes may turn out to be intensely debased with blood, emissions, and microorganisms amid utilize. These instruments are hard to clean and sanitize and simple to harm in view of their mind boggling plan, with thin lumens and numerous inside channels.

Moreover, development of custom ultrasonics automated endoscope reprocessors result into significant negative impact on patient safety. Contaminations may pass starting with one patient then onto the next because of absence of accomplishment in totally annihilating microbes and past disease from reusable endoscopes. Such scenario is also expected to hinder the market growth.

Global Automated Endoscope Reprocessors Market: Opportunities

Increasing number of emergency surgeries is expected to offer lucrative growth opportunities for players in the global automated endoscope reprocessors market. For instance, according to Australian Institute of Health and Welfare’s Hospitals at a glance 2017–18 report updated in August 2019, admissions for emergency surgery increased between 2016-2017 and 2017-2018 by 2.9% in public hospitals and by 5.1% in private hospitals in Australia.

Moreover, shift towards advanced automated endoscope reprocessors compared to conventional systems is also expected to aid in growth of the market. Over the last few years, companies have been focusing on development of newer automated endoscope reprocessors to target a range of end consumers including hospitals and specialty clinics. New automated endoscope reprocessors are known for full cleaning of endoscopes by eradicating infection transmission and cross-contamination.