The Latin America, Middle East and Africa Endoscope Reprocessing Market would witness market growth of 11.4% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Endoscope Reprocessing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $56.9 million by 2031. The Argentina market is showcasing a CAGR of 12.3% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 11.1% during (2024 - 2031).
Insurance and reimbursement policies significantly impact the demand for endoscopic procedures and, consequently, the need for reprocessing equipment and consumables. Countries have varying policies that can influence the adoption of endoscopic procedures.
Moreover, in the United States, the Centers for Medicare and Medicaid Services (CMS) sets reimbursement rates for healthcare services, including endoscopic procedures. Favourable reimbursement rates can encourage healthcare providers to offer more endoscopic procedures, leading to a higher demand for reprocessing equipment and consumables.
Increasing rates of lifestyle-related illnesses, including diabetes and obesity, have contributed to a surge in endoscopic bariatric procedures throughout the Middle East. The prevalence of diabetes in the Middle East and North Africa (MENA) Region is 16.2%, which is the highest prevalence in any region, according to the International Diabetes Federation (IDF). The IDF also stated that the MENA Region has the second-highest expected increase (86%) in individuals with diabetes by 2045, reaching 136 million.
Free Valuable Insights: The Worldwide Endoscope Reprocessing Market is Projected to reach USD 2.8 Billion by 2031, at a CAGR of 9.0%
Based on End-use, the market is segmented into Outpatient Facilities and Hospitals. Based on Product, the market is segmented into High-level Disinfectants & Test Strips, Detergents & Wipes, Automated Endoscope Reprocessors (AERs), Endoscope Drying, Storage, & Transport Systems and Others. Based on Automated Endoscope Reprocessors (AERs) Type, the market is segmented into Single Basin and Double Basin. Based on Automated Endoscope Reprocessors (AERs) Portability, the market is segmented into Standalone AER and Portable AER. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By End-use
By Product
By Country
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 