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The market is characterized by a mix of established players and emerging companies, focusing on technological innovation and compliance with stringent regulatory standards. Key market participants are investing in advanced sterilization technologies, such as low-temperature sterilization systems, to enhance efficiency and effectiveness. Strategic partnerships, acquisitions, and regional expansions are common as companies aim to broaden their market reach and strengthen their product offerings in response to increasing demand for infection control and patient safety.
Prominent players operating in the endoscopy sterilization industry include:
The devices segment generated USD 829.5 million in 2023 due to the rising number of endoscopic procedures across various medical specialties, necessitating high-quality sterilization devices to ensure patient safety and minimize cross-contamination risks.
The global endoscopy sterilization industry was valued at USD 1.2 billion in 2023 and is expected to grow at a CAGR of 8.2% from 2024 to 2032, driven by the increasing number of endoscopic procedures and rising prevalence of hospital-acquired infections (HAIs).
The North America market recorded USD 470.6 million in 2023 and is anticipated to grow at a CAGR of 7.6% between 2024 and 2032, driven by the high prevalence of conditions like colorectal cancer and gastroesophageal reflux disease.
Key players in the industry include ASP, AURORA, Getinge, Andersen Products, HUMAN MEDITEK, Matachana, MMM Group, Steelco, STERIS, Stryker Corporation, and Tuttnauer.