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  • Published In : Jul 2024
  • Code : CMI7107
  • Pages :171
  • Formats :
      Excel and PDF
  • Industry : Medical Devices

Market Size and Trends

Global endoscope drying cabinets market is estimated to be valued at USD 250.1 Mn in 2024 and is expected to reach USD 437.2 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 8.3% from 2024 to 2031.

Endoscope Drying Cabinets Market Key Factors

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Global endoscope drying cabinets market is expected to witness growth during the forecast period due  to factors such as rising prevalence of chronic diseases and increasing number of endoscopy procedures performed worldwide. Growing demand for advanced medical facilities with technologically advanced equipment in healthcare institutions can also boost demand for endoscope drying cabinets. Manufacturers are focusing on developing energy efficient and autonomous drying cabinets with advanced features such as UV lights and hydrogen peroxide generators for disinfection of endoscopes to gain competitive advantage. Furthermore, rising medical tourism in developing nations due to availability of low-cost treatments can boost the installation of endoscope drying cabinets in healthcare facilities  in the near future.

Rising Incidence of Gastrointestinal Disorders

Rising prevalence of gastrointestinal disorders across the world has boosted the adoption of endoscopy procedures. According to latest studies, there has been increase in cases of gastric ulcers, inflammatory bowel disease, esophageal cancer and others. These medical ailments have put millions of sufferers under immense pain and discomfort. Gastrointestinal endoscopy plays a pivotal role in diagnosing the root cause of disease and determining the course of treatment in such cases. Due to rising patient pool of various GI tract related diseases, healthcare facilities are conducting more and more endoscopy tests on daily basis, and this boosts demand for endoscope equipment. Proper drying and disinfecting of endoscopes after each endoscopy cycle is imperative to prevent cross-contamination and infections in subsequent patients. This has amplified the requirement of endoscope drying cabinets that serve to be an ideal and standardized solution for disinfecting multi-patient use endoscopes between medical procedures in healthcare settings. For instance, in February 2023, according to an article published by National Library of Medicine, the global increase in gastrointestinal (GI) cancers and other chronic noncommunicable diseases can be attributed to societal shifts linked to socioeconomic development and urbanization. These changes lead to alterations in the microbiome, as well as genetic and epigenetic modifications among populations adopting Westernized lifestyles. The spread of this lifestyle globally contributes to a uniform industrial gut microbiota characterized by proinflammatory traits, which are associated with rising GI cancers and other chronic diseases.

Growing Emphasis on Infection Control Measures

Growing focus among healthcare providers as well as regulatory authorities on implementing stringent infection control practices and guidelines in endoscopy units can drive the market growth. Endoscope-associated infections can spread dangerous pathogens and put patient safety at high risk. It is imperative for endoscopy centers and hospitals to adopt utmost precaution in cleaning, disinfecting and drying medical devices that are inserted into human bodies. Manual air drying of endoscopes leaves scope for residual moisture and does not nullify all microbes completely. Meanwhile, improper drying increases the bioburden and chances of device-related infections. Joint Commission International and American Society for Gastrointestinal Endoscopy have made endoscope reprocessing protocols more rigorous. It recommends using dedicated endoscope drying cabinets that deploy validated drying cycles to eliminate moisture and guarantee complete disinfection before endoscope storage and next clinical use. With healthcare industry prioritizing patient safety and moving towards compliance with global quality standards, endoscope drying cabinets market can witness growth.

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