The global endoscopy infection control market size was valued at USD 895.9 million in 2021, growing at a CAGR of 16.6% during the forecast period 2022 to 2028. Increasing awareness pertaining to endoscopic procedures and the availability of various types of endoscopes is driving the demand and supply of these devices. Moreover, the demand for endoscopes is high because they are minimally invasive devices, have better ergonomics, safety, and efficacy. Furthermore, increasing focus of manufacturers on offering training for optimal use advanced flexible endoscopes will impel the market growth. Moreover, increasing elderly population is identified to be prone to medical conditions that require endoscopic procedures, such as endometriosis, intestinal perforation, pelvic abscess, gall stones, and liver abscess. According to a study by Population Reference Bureau, the number of people aged 65 years or above in the U.S. was estimated at 52.0 million in 2018 and is expected to cross 95 million by 2060. This is projected to boost the demand for endoscopic procedures over the forecast period.
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Endoscopy Gowns Dominate the Endoscopy Infection control Market
Based on the type of the global endoscopy infection control market is segmented into enzymatic detergents, bite blocks, transport pads, endoscopic procedure kits, endoscopic gowns, valves, and valve kits, indicator solutions, others. In Which Endoscopy Gowns segment is dominating the market due to increased public awareness of personal hygiene, an increase in the number of surgeries, an increase in the adoption of medical woven products, gowns, growls are the major factors driving the infection control market's growth.
Asia-Pacific Leads Endoscopy Infection Control Market
The Asia Pacific accounted to have a prominent share in the global endoscopy infection control market and the market is anticipated to rise at a significant CAGR over the forecast years owing to several endoscopy equipment manufacturers setting up their facilities in the Asia Pacific, Middle East, and Latin America. For instance, Key players such as Stryker and KARL STORZ have already set up their manufacturing and R&D facilities in these countries. In addition, market saturation in developed regions, such as North America and Europe, will further compel manufacturers to focus on emerging markets in the coming years.
Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players
Global Endoscopy Infection control market further reveals that the key players increasingly adopting strategies such as launch of newer products, product launches, and long-term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance, In July 2016, Olympus opened its Thai Training and Education Center (T-TEC) in Thailand. This training center is dedicated to delivering endoscopy and surgical training to medical practitioners in the Southeast Asian region.
The endoscopy infection control market detailed segmentation:
1) Product Type: Enzymatic Detergents, Bite Blocks, Transport Pads, Endoscopic Procedure Kits, Endoscopic Gowns, Valves, and Valve Kits, Indicator Solutions, Others.
2) By End User: Hospitals and Clinics, Ambulatory Surgical Centers, Others.
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Key player’s profiles in the Endoscopy Infection control market report are 3m Company, Belimed Ag., Ecolab Inc, Fortive Corporation (Advanced Sterilization Products)., Genitge Ab., Matachana Group, Miele Group. (Steelco), Mmm Group, Sotera Health Inc., Steris Plc (Cantel Medical Corporation).
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