Endoscope Drying Cabinets Market - Global Market Share, Trends, Analysis and Forecast, 2023-2032

The global Endoscope Drying Cabinets market size was estimated to be US$ 290 million in 2022 and is expected to grow at a CAGR of 7.8% between 2023 to 2032.

Endoscope drying cabinets are specialized equipment used for the drying and storage of endoscopes after they have been cleaned and disinfected. They are used in hospitals, clinics, and ambulatory surgical centers (ASCs) to ensure that endoscopes are completely dry and ready for use during the next procedure.

These cabinets use a combination of heat and air circulation to dry endoscopes thoroughly and effectively and are often equipped with features such as temperature control, UV lamps for additional disinfection, and HEPA filters to remove any remaining contaminants.

Endoscope drying cabinets are used to ensure proper disinfection and sterilization of endoscopes between procedures, and are an essential part of infection control protocols in healthcare facilities. They are also used to prolong the lifespan of endoscopes by preventing the growth of bacteria and other microorganisms that can cause damage to the equipment.

Major drivers for growth:

Increasing Demand for Endoscopic Procedures to Favor Growth

The endoscope drying cabinets market is experiencing growth due to several factors, including an increasing demand for endoscopic procedures, growing awareness about the need for proper sterilization and disinfection of endoscopes, and the need for efficient and effective drying of endoscopes.

The prevalence of chronic diseases such as cancer and gastrointestinal disorders is leading to a higher demand for endoscopic procedures, which in turn is driving the demand for endoscope drying cabinets.

Additionally, the risk of infections associated with the use of endoscopes has led to a growing awareness about the need for proper sterilization and disinfection of endoscopes, which has led to an increased demand for endoscope drying cabinets as a way to ensure that endoscopes are thoroughly dried and disinfected before use.

Technological advancements in the market such as automatic endoscope recognition, endoscope tracking, and real-time monitoring are also driving the growth of the market. Government regulations and guidelines are also mandating the use of endoscope drying cabinets in healthcare facilities are further driving the growth of the market.

Key Trends:

Automation and integration are becoming increasingly important in the endoscope drying cabinets market. Automation allows for greater efficiency in the sterilization and disinfection process, and integration allows for the endoscope drying cabinets to be connected to other equipment and systems in the healthcare facility, such as endoscope tracking systems.

An example of this trend is the development of endoscope drying cabinets that are equipped with automatic endoscope recognition and real-time monitoring capabilities.

The endoscope drying cabinets market is witnessing the growing adoption of advanced features such as UV-C disinfection, HEPA filtration, and automatic endoscope recognition.

These features help to increase the efficiency and effectiveness of the sterilization and disinfection process. An example of this trend is the development of endoscope drying cabinets that are equipped with UV-C disinfection lamps, which help to kill microorganisms and reduce the risk of infections.

Cabinet size segmentation of Endoscope Drying Cabinets:

6 Endoscope to Generate the Highest Revenue

The global endoscope drying cabinets market based on cabinet size is segmented into three categories: small sized (up to 6 endoscope), mid-sized (6-12 endoscope), and large sized (holds more than 12 endoscopes at a time). Each of these segments has its own set of advantages and disadvantages, and the choice of cabinet size depends on the specific needs of the healthcare facility.

The small sized endoscope drying cabinets segment is expected to hold a significant share of the market due to the increasing number of small-scale healthcare facilities, such as clinics and diagnostic centers, that use endoscopes.

The cabinet size for this segment is designed to hold a maximum of 6 endoscopes, making it a cost-effective solution for small-scale healthcare facilities that do not require a large number of endoscopes. The smaller size also makes it more compact and easier to move around, which can be beneficial for healthcare facilities with limited space.

The mid-sized endoscope drying cabinets segment is expected to grow at a moderate rate as it is designed to hold a maximum of 12 endoscopes, making it a suitable option for medium-scale healthcare facilities such as hospitals. This segment can hold double the number of endoscopes than the first segment, which can be beneficial for facilities that have a larger number of endoscopes and want to minimize downtime.

While the large sized endoscope drying cabinets segment is expected to grow at a significant rate as it is designed to hold a maximum of more than 12 endoscopes. It is suitable for large-scale healthcare facilities such as multi-specialty hospitals, research centers, and academic institutions that have a high volume of endoscopic procedures and require a large number of endoscopes to be available at all times.

This segment can hold the most number of endoscopes, which can be beneficial for facilities that want to ensure maximum efficiency and minimize downtime. The larger size of the cabinet can also be beneficial for facilities that have a larger number of endoscopes and want to minimize downtime.

End User segmentations of Endoscope Drying Cabinets:

The global endoscope drying cabinets market is segmented based on end-users, including hospitals, clinics, ASCs (Ambulatory Surgical Centers), and others. Among these segments, the hospital segment is expected to hold the largest share of the endoscope drying cabinets market, due to the increasing number of endoscopic procedures being performed in hospitals.

Hospitals have the necessary infrastructure and staff to handle large volumes of endoscopes, making them the most common end-users of endoscope drying cabinets. Additionally, the growing number of hospitals in developing countries is also expected to drive the growth of the endoscope drying cabinets market in this segment.

The clinic segment is expected to grow at a steady pace during the forecast period. Clinics, particularly those that specialize in endoscopic procedures, require endoscope drying cabinets to effectively and efficiently dry endoscopes after use. The growing number of specialized clinics in developed countries is expected to drive the growth of the endoscope drying cabinets market in this segment.

The ASC segment is expected to witness moderate growth during the forecast period. ASCs are typically smaller in size than hospitals and have fewer endoscopic procedures, but they still require endoscope drying cabinets to sterilize and disinfect endoscopes. The increasing adoption of ASCs in developed countries is expected to drive the growth of the endoscope drying cabinets market in this segment.

Regional developments in the Global Endoscope Drying Cabinets Market:

North America is the largest market for endoscope drying cabinets, due to the presence of a large number of healthcare facilities, a high adoption rate of endoscopic procedures, and a high awareness about the importance of sterilization and disinfection of endoscopes in the region.

Europe is the second-largest market for endoscope drying cabinets and is expected to continue growing in the future, driven by factors such as the increasing demand for endoscopic procedures, growing awareness about sterilization and disinfection of endoscopes, and the need for efficient and effective drying of endoscopes.

While, the Asia Pacific market for endoscope drying cabinets is expected to grow at the fastest rate in the forecast period, driven by factors such as the increasing adoption of endoscopic procedures, growing awareness about sterilization and disinfection of endoscopes, and the increasing number of healthcare facilities in the region. Countries such as China, India, and Japan are expected to drive the growth of the market in the region.

Key players and market strategies:

Key growth strategies for companies in the global endoscope drying cabinets market include expanding their product portfolio, investing in research and development, forming strategic partnerships and collaborations, and increasing their geographical presence.

Companies are focusing on developing advanced endoscope drying cabinets with features such as automatic endoscope recognition, endoscope tracking, and real-time monitoring to gain a competitive edge in the market.

They are also expanding their geographical presence by establishing distribution networks and opening new facilities in different regions to increase their market share. Furthermore, companies are forming strategic partnerships and collaborations with other market players to increase their product offerings and reach a wider customer base.

Some of the biggest companies operating in the endoscope drying cabinets market are Arc Healthcare Solutions, AT-OS, Cantel Medical, Choyang Medical Industry, Elmed Medical LTE Scientific, MASS Medical Storage, Medical Devices Group, Mixta, Olympus, Prime Focus Endoscopy, Raytarget Technologies, Systems, STERIS, Steelco SpA, Soluscope, SciCan Medical, Smartline Medical, Torvan Medical, Wassenburg Medical, and many more.

Market Segmentation:

Based on Cabinet Size

• Small sized (Up to 6 Endoscope)
• Mid-sized (6-12 Endoscope)
• Large sized (More than 12 Endoscope)

Based on End Use

• Hospitals
• Ambulatory Surgical Centers
• Clinics
• Others

By Geography

• By Region
  • North America
  • United States
  • Canada
  • Rest of North America
• Europe
  • Germany
  • United Kingdom
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  
  • Japan
  • India
  • China
  • Australia
  • South Korea
  • Rest of Asia Pacific
• Middle East & Africa
  •  UAE
  • Saudi Arabia
  • South Africa
  • Rest of the Middle East & Africa
• South America
  • Brazil
  • Rest of South America

1. Introduction
   • Research Objectives
   • Report Assumptions
   • Research Methodology
   • Abbreviations
2. Preface
   • Market Definition
   • Report Scope and Market Segmentation
   • Research Highlights
3. Market Synopsis: Global Endoscope Drying Cabinets Market
4. Global Endoscope Drying Cabinets Market Qualitative Analysis
   • Trends
     • Market trends
     • Technology Trends
   • PESTLE Analysis (For 3 prominent countries)
   • Market Influencers
     • Driving Forces
     • Hindering Forces
     • Opportunities
   • COVID-19 impact
   • Porter’s Five Forces Analysis
   • Value Chain Analysis
5. Global Endoscope Drying Cabinets Market Analysis and Forecast, by Cabinet Size
   • Overview and definitions
   • Key segment analysis
   • Global Endoscope Drying Cabinets Market Estimates (US$ Mn), by Cabinet Size, 2019 – 2032
     • Small sized (Up to 6 Endoscope)
     • Mid-sized (6-12 Endoscope)
     • Large sized (More than 12 Endoscope)

6. Global Endoscope Drying Cabinets Market Analysis and Forecast, by End Use
   • Overview and definitions
   • Key segment analysis
   • Global Endoscope Drying Cabinets Market Estimates (US$ Mn), by End Use, 2019 – 2032
     • Hospitals
     • Ambulatory Surgical Centers
     • Clinics
     • Others

7. Global Endoscope Drying Cabinets Market Analysis and Forecast, by Region
   • Overview and definitions
   • Key segment analysis
   • Global Endoscope Drying Cabinets Market Estimates (US$ Mn), by Region, 2019 – 2032
     • North America
     • Europe
     • Asia Pacific
     • Middle East & Africa
     • South America

8. North America Endoscope Drying Cabinets Market Analysis and Forecast
   • Overview and definitions
   • Key segment analysis
   • North America Endoscope Drying Cabinets Market Estimates (US$ Mn), by Cabinet Size, 2019 – 2032
     • Small sized (Up to 6 Endoscope)
     • Mid-sized (6-12 Endoscope)
     • Large sized (More than 12 Endoscope)
   • North America Endoscope Drying Cabinets Market Estimates (US$ Mn), by End Use, 2019 – 2032
     • Hospitals
     • Ambulatory Surgical Centers
     • Clinics
     • Others
   • North America Endoscope Drying Cabinets Market Estimates (US$ Mn), by Country, 2019 – 2032
     • United States
     • Canada
     • Rest of North America

9. Europe Endoscope Drying Cabinets Market Analysis and Forecast
   • Overview and definitions
   • Key segment analysis
   • Europe Endoscope Drying Cabinets Market Estimates (US$ Mn), by Cabinet Size, 2019 – 2032
     • Small sized (Up to 6 Endoscope)
     • Mid-sized (6-12 Endoscope)
     • Large sized (More than 12 Endoscope)
   • Europe Endoscope Drying Cabinets Market Estimates (US$ Mn), by End Use, 2019 – 2032
     • Hospitals
     • Ambulatory Surgical Centers
     • Clinics
     • Others
   • Europe Endoscope Drying Cabinets Market Estimates (US$ Mn), by Country, 2019 – 2032
     • Germany
     • United Kingdom
     • Italy
     • France
     • Spain
     • Rest of Europe

10. Asia Pacific Endoscope Drying Cabinets Market Analysis and Forecast
    • Overview and definitions
    • Key segment analysis
    • Asia Pacific Endoscope Drying Cabinets Market Estimates (US$ Mn), by Cabinet Size, 2019 – 2032
      • Small sized (Up to 6 Endoscope)
      • Mid-sized (6-12 Endoscope)
      • Large sized (More than 12 Endoscope)
    • Asia Pacific Endoscope Drying Cabinets Market Estimates (US$ Mn), by End Use, 2019 – 2032
      • Hospitals
      • Ambulatory Surgical Centers
      • Clinics
      • Others
    • Asia Pacific Endoscope Drying Cabinets Market Estimates (US$ Mn), by Country, 2019 – 2032
      • China
      • Japan
      • South Korea
      • India
      • Australia
      • Rest of Asia Pacific

11. Middle East & Africa Endoscope Drying Cabinets Market Analysis and Forecast
    • Overview and definitions
    • Key segment analysis
    • Middle East & Africa Endoscope Drying Cabinets Market Estimates (US$ Mn), by Cabinet Size, 2019 – 2032
      • Small sized (Up to 6 Endoscope)
      • Mid-sized (6-12 Endoscope)
      • Large sized (More than 12 Endoscope)
    • Middle East & Africa Endoscope Drying Cabinets Market Estimates (US$ Mn), by End Use, 2019 – 2032
      • Hospitals
      • Ambulatory Surgical Centers
      • Clinics
      • Others
    • Middle East & Africa Endoscope Drying Cabinets Market Estimates (US$ Mn), by Country, 2019 – 2032
      • UAE
      • Saudi Arabia
      • South Africa
      • Rest of MEA

12. South America Endoscope Drying Cabinets Market Analysis and Forecast
    • Overview and definitions
    • Key segment analysis
    • South America Endoscope Drying Cabinets Market Estimates (US$ Mn), by Cabinet Size, 2019 – 2032
      • Small sized (Up to 6 Endoscope)
      • Mid-sized (6-12 Endoscope)
      • Large sized (More than 12 Endoscope)
    • South America Endoscope Drying Cabinets Market Estimates (US$ Mn), by End Use, 2019 – 2032
      • Hospitals
      • Ambulatory Surgical Centers
      • Clinics
      • Others
    • South America Endoscope Drying Cabinets Market Estimates (US$ Mn), by Country, 2019 – 2032
      • Brazil
      • Argentina
      • Rest of South America

13. Competition Analysis – Global Endoscope Drying Cabinets Market
    • Market Composition
    • Market Share Analysis (%), by Supplier (2022)
    • Company Profiles
      • Arc Healthcare Solutions
        • Business overview
        • Geographic presence
        • Product portfolio
        • Financial facts
        • Relevant news and strategic view
      • AT-OS
      • Cantel Medical
      • Choyang Medical Industry
      • Elmed Medical LTE Scientific
      • MASS Medical Storage
      • Medical Devices Group
      • Mixta
      • Olympus
      • Prime Focus Endoscopy
      • Raytarget Technologies
      • STERIS
      • Steelco SpA
      • Soluscope
      • SciCan Medical
      • Smartline Medical
      • Torvan Medical
      • Wassenburg Medical

14. Conclusion & Recommendations