What is Global Endoscopes Cabinet Market?
The Global Endoscopes Cabinet Market is a specialized sector within the broader medical equipment industry. It focuses on the production and distribution of endoscope cabinets, which are essential storage units for endoscopes, a type of medical instrument used for internal examinations of the body. These cabinets are designed to store, dry, and disinfect endoscopes in a safe and efficient manner, thereby ensuring their longevity and functionality. The market is driven by the increasing demand for endoscopes in various medical procedures, advancements in endoscope cabinet technology, and the growing emphasis on proper storage and maintenance of medical equipment. The market encompasses various types of endoscope cabinets, including single-door and double-door cabinets, and caters to a wide range of end-users such as hospitals, clinics, and ambulatory surgical centers.
2—4, 5—8, 9—16 in the Global Endoscopes Cabinet Market:
The Global Endoscopes Cabinet Market is segmented into three categories based on the capacity of the cabinets: 2—4, 5—8, and 9—16. The 2—4 segment refers to cabinets that can store between two to four endoscopes. These are typically used in smaller medical facilities or in departments that have a lower frequency of endoscope usage. The 5—8 segment includes cabinets that can accommodate five to eight endoscopes, suitable for medium-sized facilities or departments with moderate endoscope usage. The largest segment, 9—16, comprises cabinets that can store nine to sixteen endoscopes. These are commonly used in large hospitals or medical facilities that have a high frequency of endoscope usage. Each segment has its unique market dynamics, influenced by factors such as the size of the medical facility, the volume of endoscope usage, and the budget allocated for medical equipment storage and maintenance.
Hospitals, Ambulatory Surgical Centers, Clinics in the Global Endoscopes Cabinet Market:
The Global Endoscopes Cabinet Market finds its usage in various healthcare settings, primarily hospitals, ambulatory surgical centers, and clinics. In hospitals, endoscope cabinets are used in various departments such as gastroenterology, urology, and pulmonology, where endoscopes are frequently used for diagnostic and therapeutic procedures. The cabinets ensure that the endoscopes are stored in a safe and hygienic manner, reducing the risk of cross-contamination. In ambulatory surgical centers, endoscope cabinets play a crucial role in maintaining the efficiency of surgical procedures by ensuring that the endoscopes are readily available and in optimal condition. Clinics, especially those specializing in gastroenterology and urology, also utilize endoscope cabinets for the safe storage and maintenance of their endoscopes.
Global Endoscopes Cabinet Market Outlook:
The future of the Global Endoscopes Cabinet Market looks promising, as indicated by its market outlook. In 2023, the market was valued at US$ 141.3 million. It is projected to grow at a steady pace, reaching a value of US$ 207.9 million by 2030. This represents a compound annual growth rate (CAGR) of 5.6% during the forecast period from 2024 to 2030. Cantel Medical Corporation, a leading player in the market, held a significant market share of over 10% in 2019. Geographically, North America is the largest market for endoscope cabinets, contributing to 30% of the global revenue. This can be attributed to the advanced healthcare infrastructure and high usage of endoscopes in the region.
| Report Metric | Details |
| Report Name | Endoscopes Cabinet Market |
| Accounted market size in 2023 | US$ 141.3 million |
| Forecasted market size in 2030 | US$ 207.9 million |
| CAGR | 5.6% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
|
| Segment by Application |
|
| Consumption by Region |
|
| By Company | Cantel Medical Corporation, STERIS, Wassenburg Medical, Steelco SpA, Soluscope, SciCan, AT-OS, MASS Medical Storage, LTE Scientific, Torvan Medical, Prime Focus Endoscopy, Choyang Medical Industry, Raytarget Technologies, Elmed Medical Systems, Arc Healthcare Solutions, Medical Devices Group, Mixta, Smartline Medical |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
