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.

More articles on gastroenterology:
4 things to know about Larry Taylor, Practice Partners in Healthcare's CEO & president
These 15 states have the most physicians
Data breaches fall 17 percent in August — Which healthcare provider was hit the worst?

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Top 40 Articles from the Past 6 Months