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Description
Endoscope Reprocessing Market size was valued at USD 1.51 Billion in 2021 and is projected to reach USD 2.76 Billion by 2028, growing at a CAGR of 7.8% from 2021 to 2028. Global endoscope reprocessing devices equipment market is expected to grow at significant rate owing to increase in demand for noninvasive surgery techniques globally. In addition, rise in use of endoscopy and risk of infections due to the contamination of endoscopic devices is expected to bolster the market growth over the forecast period. Strengthening of regulations and rise in awareness in sterilization of the medical devices for safe use and prevalence of chronic and contaminated diseases are expected to fuel the global endoscope reprocessing market. Moreover, rise in healthcare spending by public and governments led to the development of healthcare infrastructure in developing and underdeveloped countries. This is expected to positively affect the growth of global endoscope reprocessing devices market. However, prices of the devices and stringent regulations expected to hamper the market growth over the forecast period. In November 2015, CANTEL MEDICAL CORP. has launched automated endoscope reprocessors into the Europe and Asia Pacific Market.
