PUBLISHER: KBV Research | PRODUCT CODE: 1529243
PUBLISHER: KBV Research | PRODUCT CODE: 1529243
The Europe Endoscope Reprocessing Market would witness market growth of 8.6% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Endoscope Reprocessing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $181 million by 2031. The UK market is exhibiting a CAGR of 7.6% during (2024 - 2031). Additionally, The France market would experience a CAGR of 9.5% during (2024 - 2031).
As the population ages and the incidence of conditions such as gastrointestinal disorders, respiratory diseases, and cancers continues to increase, the demand for endoscopic procedures is expected to grow, driving the need for effective reprocessing solutions.
Additionally, WHO projects that by 2030, one in every six individuals will be sixty years of age or older. During this time, the proportion of individuals aged 60 years and above is expected to grow by 1.4 billion from 1 billion in 2020.
While the infrastructure in Europe is already well-developed, there is still a trend towards modernisation and expansion of healthcare facilities in certain regions. For example, Eastern European countries like Poland and Romania are investing in upgrading their healthcare systems. These improvements include establishing new medical centres and adopting advanced medical technologies, including endoscope reprocessing equipment, to meet the growing healthcare demands.
Based on End-use, the market is segmented into Outpatient Facilities and Hospitals. Based on Product, the market is segmented into High-level Disinfectants & Test Strips, Detergents & Wipes, Automated Endoscope Reprocessors (AERs), Endoscope Drying, Storage, & Transport Systems and Others. Based on Automated Endoscope Reprocessors (AERs) Type, the market is segmented into Single Basin and Double Basin. Based on Automated Endoscope Reprocessors (AERs) Portability, the market is segmented into Standalone AER and Portable AER. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe Endoscope Reprocessing Market Report Segmentation
By End-use
By Product
By Country