Boom Expected in U.S. Endoscope Repair Market in Future

 In 2021, the U.S. endoscope repair market was valued at $405.6 million, and it is set to reach $990.7 million by 2030, growing at a compound annual growth rate of 10.4% during 2021–2030. The rise in the acceptance of equipment insurance, the existence of stalwarts, and the surge in the incidence of malignant gastrointestinal, respiratory, and colorectal diseases are some of the factors propelling the market growth.

Get More details U.S. Endoscope Repair Market Segmentation Analysis 



Key Findings of U.S. Endoscope Repair Market Report

• In the coming years, the ISOs category is predicted to grow at a CAGR of over 10%. This can be mostly due to the advantages offered by ISOs, such as lower costs and increased flexibility in maintaining and repairing endoscopic equipment from various OEMs.

The cost of the maintenance of medical devices is high, which propels the demand for their insurance. Several firms in the country offer medical device insurance to shield equipment users from financial losses in the event of equipment failures, such as Medical Equipment Repair Associates, ProTek Insurance, and CAN Financial Corporation.

To keep ahead of their competition, major players in the U.S. endoscope repair market have engaged in mergers. Some of these players are Endoscopy Repair Specialist Inc., HMB Endoscopy Products, Endoscopy Support Services Inc., STERIS Instrument Management Services Inc., Associated Endoscopy Inc., Medical Optics, Stryker Corporation, Total Scope Inc., J2S Medical, and Agiliti Inc.

This study covers

•             Major factors driving the market and their impact during the short, medium, and long terms

•             Market restraints and their impact during the short, medium, and long terms

•             Recent trends and evolving opportunities for the market participants

•             Historical and the present size of the market segments and understand their comparative future potential

•             Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings

•             Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders

•             Major players operating in the market and their service offerings

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