Endoscopy sterilization market projected to reach $2.5 billion by 2032 due to rising demand.

From GlobeNewswire: 2024-12-18 04:00:00

The endoscopy sterilization market reached USD 1.2 billion in 2023 and is projected to grow at 8.2% CAGR from 2024 to 2032. Factors driving growth include increasing endoscopic procedures, rising HAIs, technological advancements, and demand for single-use endoscopes. Innovative sterilization technologies like low-temperature hydrogen peroxide are key drivers in market expansion.

Sterilization methods like hydrogen peroxide dominated the market. North American market generated USD 470.6 million in 2023 and is expected to grow at a CAGR of 7.6% from 2024 to 2032. The region leads in adopting new sterilization methods for enhanced patient safety. Major players in the market include ASP, AURORA, and STERIS among others, offering innovative solutions for endoscopic sterilization.

Innovative sterilization technologies like low-temperature hydrogen peroxide, ozone, and UV-based systems are driving market growth. The market is segmented into devices and consumables & accessories, with endoscope sterilization systems generating the highest revenue in 2023. The demand for high-quality sterilization equipment is on the rise to ensure patient safety amidst increasing endoscopic procedures across medical fields.



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