• There is a shift toward purchasing third-party refurbished endoscopes due to the increasing affordability of these devices as compared to new endoscopes.
• However, newer endoscope technologies are not as affected by third-party refurbished device vendors.
• The average selling price of the total gastrointestinal endoscope market has remained fairly stable.
• Olympus leads the market for gastrointestinal endoscopes, and other notable players include Pentax and Fujifilm.
• Leading companies in endoscope refurbishment and repair include Integrated Medical Systems, SterilMed and DRE Medical.
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