Endoscope reprocessing market approaching $2B in global value — 3 insights

The endoscope reprocessing market is on the precipice of a boom, according to a Market Research Engine report.

Here's what you should know:

1. MRE analysts believe the market will hit $2 billion by 2024, growing at a compound annual growth rate of 9 percent during that time.

2. Analysts point to increased government and healthcare-related investment in the industry and a high prevalence of treatable diseases as potential growth factors.

3. However, the high price of automated endoscope reprocessors and regulatory concerns could hinder adoption rates.

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