Market Overview:
The global endoscope storage cabinet market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for endoscopes and rising number of surgeries performed using endoscopes. In addition, the growing awareness about hygiene and infection control is also contributing to the growth of this market. Based on type, the global endoscope storage cabinet market can be segmented into single door storage cabinet and double door storage cabinet. The single door storage cabinet segment is expected to account for a larger share of the global market than the double door storage cabinet segment during the forecast period. This can be attributed to its low cost and easy installation compared with double door cabinets. Based on application, hospitals are expected to account for a larger share of the global endoscope storage Cabinet Market than specialty clinics duringthe forecast period .This can be attributedto th efact that hospitals perform more surgeries than specialty clinicsand need more spacefor storingendoscopes .In addition, there is an increasing trend towards outsourcing medical services from hospitals tobroad-basedclinics ,which will further fuelthe growthof thismarket in th ecoming years .
Product Definition:
An endoscope storage cabinet is a medical device used to store and protect endoscopes. The importance of an endoscope storage cabinet is that it helps to keep the endoscopes clean and free from contaminants.
Single Door Storage Cabinet:
Single door storage cabinet is used for storing endoscopes, laryngoscopes, and other medical equipment. It has doors on both ends which makes it convenient to store and reach the equipment inside. The single door storage cabinets are available in different sizes as per the requirement of customer.
The growing geriatric population across the globe is expected to increase healthcare expenditure thereby increasing demand for various diagnostic devices including endoscope which in turn will augment industry growth over the forecast period.
Double Door Storage Cabinet:
Double door storage cabinet is used to store endoscope in. It has two doors, one at each end which makes it convenient for medical staff and operators to access the stored device. The double door storage cabinets are available with different types of finishes such as white, black, blue and green among others. These finish doors match with the available options in frames making it easy to fit into any environment.
Application Insights:
Based on the application, the global endoscope storage cabinet market is segmented into hospital, specialty clinic and others. The hospital segment dominated the overall market in terms of revenue in 2017. This high share is attributable to factors such as increasing number of surgeries and rising prevalence of chronic diseases requiring endoscopic procedures for diagnosis or treatment. Endoscopy plays an important role in diagnosing various gastrointestinal disorders including Crohn¢â‚¬â„¢s disease, ulcerative colitis, esophageal cancer and Mallory-Weiss tear among others. Thus, a growing number of hospitals coupled with a rise in demand for diagnostic equipment is expected to drive demand over the forecast period.
The specialty clinic segment is anticipated to exhibit lucrative growth over the forecast period owing to factors such as technological advancements that have led to an increase in adoption rate of advanced imaging systems such as colonoscopy.
Regional Analysis:
North America dominated the global endoscope storage cabinets market in 2017. This is due to increasing cases of colon cancer, rising preference for minimally invasive surgeries, and growing adoption of advanced technologies in healthcare facilities. Moreover, increasing government initiatives to improve healthcare infrastructure is also expected to drive the demand for these cabinets over the forecast period. For instance, according to statistics published by National Cancer Institute (NCI), in 2016 more than 210,000 new cases were estimated from U.S., which was approximately 60% higher compared with 2011 when it was first published by NCI’s Surveillance Epidemiology End Results (SEER) program.
Asia Pacific region is anticipated to witness lucrative growth over the forecast period owing to improving medical infrastructure and rising awareness about benefits of endoscopes & associated products such as flexible scope camera systems & surgical instruments such as forceps & retractors among surgeons.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily owing to the increasing prevalence of lifestyle diseases, technological advancements in endoscopy devices, and growing awareness about the benefits of minimally invasive surgeries over traditional surgical procedures.
- Rising geriatric population: The global geriatric population is expected to reach 1.6 billion by 2020, and this will create a large pool of patients who are susceptible to various age-related disorders such as cancer, cardiovascular diseases, and respiratory problems. This will drive the demand for endoscopy devices and related consumables such as storage cabinets, thereby boosting the growth of the Endoscope Storage Cabinet market during the forecast period.
- Growing number of private hospitals: A rise in disposable income levels has led to an increase in private healthcare investments across emerging economies such as India and China in recent years. This has resulted in an increase in the number of private hospitals which offer advanced diagnostic and treatment facilities including endoscopy services using high-end equipment like storage cabinets .This trend is likely to continue during the forecast period, thus propellingthe growthofthe Endoscope Storage Cabinet market globally .
Scope Of The Report
Report Attributes
Report Details
Report Title
Endoscope Storage Cabinet Market Research Report
By Type
Single Door Storage Cabinet, Double Door Storage Cabinet
By Application
Hospital, Specialty Clinic, Others
By Companies
Shinva, STERIS, Olympus, Harloff, Inner Space Healthcare, ARC Healthcare Solutions, LTE Scientific Ltd, Air Clean Systems, Steelco SpA, Wassenburg Medical, AT-OS, Getinge AB
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Endoscope Storage Cabinet Market Report Segments:
The global Endoscope Storage Cabinet market is segmented on the basis of:
Types
Single Door Storage Cabinet, Double Door Storage Cabinet
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Specialty Clinic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Shinva
- STERIS
- Olympus
- Harloff
- Inner Space Healthcare
- ARC Healthcare Solutions
- LTE Scientific Ltd
- Air Clean Systems
- Steelco SpA
- Wassenburg Medical
- AT-OS
- Getinge AB
Highlights of The Endoscope Storage Cabinet Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Door Storage Cabinet
- Double Door Storage Cabinet
- By Application:
- Hospital
- Specialty Clinic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Endoscope Storage Cabinet Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An endoscope storage cabinet is a specialized medical equipment storage unit that is designed to store and protect endoscopes. These cabinets typically feature secure locking mechanisms, adjustable shelves, and ventilation systems to ensure optimal conditions for the preservation of medical instruments.
Some of the major companies in the endoscope storage cabinet market are Shinva, STERIS, Olympus, Harloff, Inner Space Healthcare, ARC Healthcare Solutions, LTE Scientific Ltd, Air Clean Systems, Steelco SpA, Wassenburg Medical, AT-OS, Getinge AB.
The endoscope storage cabinet market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Endoscope Storage Cabinet Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Endoscope Storage Cabinet Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Endoscope Storage Cabinet Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Endoscope Storage Cabinet Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Endoscope Storage Cabinet Market Size & Forecast, 2020-2028
4.5.1 Endoscope Storage Cabinet Market Size and Y-o-Y Growth
4.5.2 Endoscope Storage Cabinet Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Door Storage Cabinet
5.2.2 Double Door Storage Cabinet
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Specialty Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Endoscope Storage Cabinet Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Endoscope Storage Cabinet Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Door Storage Cabinet
9.6.2 Double Door Storage Cabinet
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Specialty Clinic
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Door Storage Cabinet
10.6.2 Double Door Storage Cabinet
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Specialty Clinic
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Door Storage Cabinet
11.6.2 Double Door Storage Cabinet
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Specialty Clinic
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Door Storage Cabinet
12.6.2 Double Door Storage Cabinet
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Specialty Clinic
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Door Storage Cabinet
13.6.2 Double Door Storage Cabinet
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Specialty Clinic
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Endoscope Storage Cabinet Market: Competitive Dashboard
14.2 Global Endoscope Storage Cabinet Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shinva
14.3.2 STERIS
14.3.3 Olympus
14.3.4 Harloff
14.3.5 Inner Space Healthcare
14.3.6 ARC Healthcare Solutions
14.3.7 LTE Scientific Ltd
14.3.8 Air Clean Systems
14.3.9 Steelco SpA
14.3.10 Wassenburg Medical
14.3.11 AT-OS
14.3.12 Getinge AB
