{"id":47917,"date":"2022-09-01T18:02:00","date_gmt":"2022-09-01T16:02:00","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/united-states-endoscope-repair-market-report-2022-a-990-million-market-by-2030-rising-adoption-of-equipment-insurance-researchandmarkets-com\/"},"modified":"2022-09-01T18:02:00","modified_gmt":"2022-09-01T16:02:00","slug":"united-states-endoscope-repair-market-report-2022-a-990-million-market-by-2030-rising-adoption-of-equipment-insurance-researchandmarkets-com","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/united-states-endoscope-repair-market-report-2022-a-990-million-market-by-2030-rising-adoption-of-equipment-insurance-researchandmarkets-com\/","title":{"rendered":"United States Endoscope Repair Market Report 2022: A $990 Million Market by 2030 &#8211; Rising Adoption of Equipment Insurance &#8211; ResearchAndMarkets.com"},"content":{"rendered":"<div>\n<p>DUBLIN&#8211;(BUSINESS WIRE)&#8211;The <a target=\"_blank\" href=\"https:\/\/www.researchandmarkets.com\/reports\/5403553\/u-s-endoscope-repair-market-report-by-type?utm_source=BW&amp;utm_medium=PressRelease&amp;utm_code=tq7rhm&amp;utm_campaign=1744785+-+United+States+Endoscope+Repair+Market+Report+2022%3A+A+%24990+Million+Market+by+2030+-+Rising+Adoption+of+Equipment+Insurance&amp;utm_exec=chdo54prd\" rel=\"nofollow noopener\" shape=\"rect\">&#8220;U.S. Endoscope Repair Market Report: By Type, Service Provider &#8211; Size, Share Analysis and Growth Forecast to 2030&#8221;<\/a> report has been added to <strong>ResearchAndMarkets.com&#8217;s<\/strong> offering.\n<\/p>\n<p><a href=\"https:\/\/mms.businesswire.com\/media\/20220901005695\/en\/1559699\/4\/logo.jpg\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20220901005695\/en\/1559699\/21\/logo.jpg\"><\/a><\/p>\n<p>\nIn 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.\n<\/p>\n<p>\nThe 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.\n<\/p>\n<p>\nWithin the U.S. endoscope repair market, the flexible category held the major share, of around 70%, in 2021. As flexible endoscopes comprise readily movable tubes, are light in weight, and can be attached to components at the top that can scrape and scratch the tissues under examination, they are used in minor operating procedures.\n<\/p>\n<p>\nFlexible endoscopes are also more comfortable for patients and provide a greater vision for endoscopists.\n<\/p>\n<p>\nThe 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.\n<\/p>\n<p>\nTo 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.\n<\/p>\n<p>\n<strong>Key Findings of U.S. Endoscope Repair Market Report<\/strong>\n<\/p>\n<ul>\n<li>\nMobile Instrument Service &amp; Repair Inc., a company that specializes in servicing rigid and flexible endoscopes, powered surgical equipment, laparoscopic and general handheld instruments, case carts, processing systems, video cameras, and rolling stock sterilizers, was acquired by Agiliti Inc. in February 2020.\n<\/li>\n<li>\nIn December 2018, Agiliti Holdco Inc. and Federal Street Acquisition Corp. agreed to alter and restate their merger agreement, lowering the total price paid to Agiliti Holdco Inc.&#8217;s selling equity investors from roughly $1.58 billion to $1.44 billion.\n<\/li>\n<li>\nIn the past, Texas dominated the U.S. endoscope repair market. Furthermore, the state market is predicted to grow at a significant CAGR, mostly due to the state&#8217;s large elderly population, as well as the high cancer prevalence.\n<\/li>\n<li>\nMoreover, the Employees Retirement System, Teacher Retirement System, Texas Department of Aging and Disability Services, and Texas Department of State Health Services account for over 83% of Texas&#8217; yearly healthcare budget, thus making endoscopies and other treatments accessible to the masses.\n<\/li>\n<li>\nOEMs hold a significant revenue share in the market owing to their ability to provide quick, dependable, and superior services than ISOs. Furthermore, OEM components can be employed to substitute original parts, as they have similar performance.\n<\/li>\n<li>\nIn 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.\n<\/li>\n<\/ul>\n<p>\n<strong>Key Topics Covered:<\/strong>\n<\/p>\n<p>\n<strong>Chapter 1. Research Background<\/strong>\n<\/p>\n<p>\n<strong>Chapter 2. Research Methodology<\/strong>\n<\/p>\n<p>\n<strong>Chapter 3. Executive Summary<\/strong>\n<\/p>\n<p>\n<strong>Chapter 4. Market Indicators<\/strong>\n<\/p>\n<p>\n4.1 Healthcare Spending\n<\/p>\n<p>\n4.2 Geriatric Population\n<\/p>\n<p>\n4.3 Prevalence of Obesity\n<\/p>\n<p>\n<strong>Chapter 5. Definition of Market Segments<\/strong>\n<\/p>\n<p>\n5.1 By Type\n<\/p>\n<p>\n5.1.1 Flexible\n<\/p>\n<p>\n5.1.1.1 Upper gastrointestinal endoscopes\n<\/p>\n<p>\n5.1.1.2 Colonoscopes\n<\/p>\n<p>\n5.1.1.3 Bronchoscopes\n<\/p>\n<p>\n5.1.1.4 Sigmoidoscopes\n<\/p>\n<p>\n5.1.1.5 Laryngoscopes\n<\/p>\n<p>\n5.1.1.6 Duodenoscopes\n<\/p>\n<p>\n5.1.1.7 Nasopharyngoscopes\n<\/p>\n<p>\n5.1.1.8 Rhinoscopes\n<\/p>\n<p>\n5.1.1.9 Others\n<\/p>\n<p>\n5.1.2 Rigid\n<\/p>\n<p>\n5.1.2.1 Laparoscopes\n<\/p>\n<p>\n5.1.2.2 Ureteroscopes\n<\/p>\n<p>\n5.1.2.3 Gynecology endoscopes\n<\/p>\n<p>\n5.1.2.4 Arthroscopes\n<\/p>\n<p>\n5.1.2.5 Cystoscopes\n<\/p>\n<p>\n5.1.2.6 Neuroendoscopes\n<\/p>\n<p>\n5.1.2.7 Others\n<\/p>\n<p>\n5.2 By Service Provider\n<\/p>\n<p>\n5.2.1 ISOs\n<\/p>\n<p>\n5.2.2 OEMs\n<\/p>\n<p>\n<strong>Chapter 6. Industry Outlook<\/strong>\n<\/p>\n<p>\n6.1 Market Dynamics\n<\/p>\n<p>\n6.1.1 Trends\n<\/p>\n<p>\n6.1.1.1 Increasing adoption of comprehensive contracts\n<\/p>\n<p>\n6.1.1.2 Rising adoption of equipment insurance\n<\/p>\n<p>\n6.1.2 Drivers\n<\/p>\n<p>\n6.1.2.1 Advancements in medical device industry\n<\/p>\n<p>\n6.1.2.2 Shift toward minimally invasive procedures\n<\/p>\n<p>\n6.1.3 Impact Analysis of Drivers on Market Forecast\n<\/p>\n<p>\n6.1.4 Restraints\n<\/p>\n<p>\n6.1.4.1 High maintenance costs\n<\/p>\n<p>\n6.1.5 Impact Analysis of Restraints on Market Forecast\n<\/p>\n<p>\n6.2 Impact of COVID-19\n<\/p>\n<p>\n6.3 Porter&#8217;s Five Forces Analysis\n<\/p>\n<p>\n<strong>Chapter 7. Policy and Regulatory Landscape<\/strong>\n<\/p>\n<p>\n<strong>Chapter 8. U.S. Market Size and Forecast<\/strong>\n<\/p>\n<p>\n8.1 Overview\n<\/p>\n<p>\n8.2 Market Revenue, by Type (2015-2030)\n<\/p>\n<p>\n8.2.1 Flexible Endoscope Market Revenue, by Type (2015-2030)\n<\/p>\n<p>\n8.2.2 Rigid Endoscope Market Revenue, by Type (2015-2030)\n<\/p>\n<p>\n8.3 Market Revenue, by Service Provider (2015-2030)\n<\/p>\n<p>\n8.4 Market Revenue, by State (2015-2030)\n<\/p>\n<p>\n<strong>Chapter 9. Competitive Landscape<\/strong>\n<\/p>\n<p>\n9.1 List of Market Players\n<\/p>\n<p>\n9.2 Closest Segments and Market Revenue Derivation\n<\/p>\n<p>\n9.3 Recent Strategic Developments of Key Players\n<\/p>\n<p>\n9.3.1 Mergers and Acquisitions\n<\/p>\n<p>\n9.3.2 Other Developments\n<\/p>\n<p>\n<strong>Chapter 10. Company Profiles<\/strong>\n<\/p>\n<p>\n10.1 Business Overview\n<\/p>\n<p>\n10.2 Product and Service Offerings\n<\/p>\n<ul>\n<li>\nOlympus Corporation\n<\/li>\n<li>\nStryker Corporation\n<\/li>\n<li>\nSTERIS\n<\/li>\n<li>\nAgiliti Inc.\n<\/li>\n<li>\nJ2S Medical\n<\/li>\n<li>\nFUJIFILM Holdings Corporation\n<\/li>\n<li>\nPentax Medical Company\n<\/li>\n<li>\nTotal Scope Inc.\n<\/li>\n<li>\nEndoscopy Repair Specialist Inc.\n<\/li>\n<li>\nAssociated Endoscopy Inc.\n<\/li>\n<li>\nMedical Optics\n<\/li>\n<li>\nEndoscopy Support Services Inc.\n<\/li>\n<li>\nHMB Endoscopy Products\n<\/li>\n<\/ul>\n<p>\nFor more information about this report visit <a target=\"_blank\" href=\"https:\/\/www.researchandmarkets.com\/reports\/5403553\/u-s-endoscope-repair-market-report-by-type?utm_source=BW&amp;utm_medium=PressRelease&amp;utm_code=tq7rhm&amp;utm_campaign=1744785+-+United+States+Endoscope+Repair+Market+Report+2022%3A+A+%24990+Million+Market+by+2030+-+Rising+Adoption+of+Equipment+Insurance&amp;utm_exec=chdo54prd\" rel=\"nofollow noopener\" shape=\"rect\">https:\/\/www.researchandmarkets.com\/r\/9x0ik1<\/a>\n<\/p>\n<p> <b>Contacts<\/b> <\/p>\n<p>\nResearchAndMarkets.com<br \/>\n<br \/>Laura Wood, Senior Press Manager<br \/>\n<br \/><a target=\"_blank\" href=\"&#x6d;&#97;&#105;&#x6c;&#x74;&#111;&#58;&#x70;&#x72;&#101;&#115;&#x73;&#x40;&#114;&#101;&#x73;&#x65;&#97;&#114;&#x63;&#x68;&#97;&#110;&#x64;&#x6d;&#97;&#114;&#x6b;&#x65;&#116;&#115;&#x2e;&#x63;&#111;&#109;\" rel=\"nofollow noopener\" shape=\"rect\">p&#114;&#101;&#x73;&#x73;&#x40;&#x72;e&#115;&#101;&#97;&#x72;&#x63;&#x68;an&#100;&#109;&#x61;&#x72;&#x6b;et&#115;&#46;&#x63;&#x6f;&#x6d;<\/a>\n<\/p>\n<p>\nFor E.S.T. Office Hours Call 1-917-300-0470<br \/>\n<br \/>For U.S.\/CAN Toll Free Call 1-800-526-8630<br \/>\n<br \/>For GMT Office Hours Call +353-1-416-8900\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>DUBLIN&#8211;(BUSINESS WIRE)&#8211;The &#8220;U.S. Endoscope Repair Market Report: By Type, Service Provider &#8211; Size, Share Analysis and Growth Forecast to 2030&#8221; report has been added to ResearchAndMarkets.com&#8217;s offering. 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 &#8230; <span class=\"more\"><a class=\"more-link\" href=\"https:\/\/pharma-trend.com\/en\/united-states-endoscope-repair-market-report-2022-a-990-million-market-by-2030-rising-adoption-of-equipment-insurance-researchandmarkets-com\/\">[Read more&#8230;]<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-business","4":"post-47917","6":"format-standard","7":"category-industry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>United States Endoscope Repair Market Report 2022: A $990 Million Market by 2030 - Rising Adoption of Equipment Insurance - ResearchAndMarkets.com - Pharma Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pharma-trend.com\/en\/united-states-endoscope-repair-market-report-2022-a-990-million-market-by-2030-rising-adoption-of-equipment-insurance-researchandmarkets-com\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"United States Endoscope Repair Market Report 2022: A $990 Million Market by 2030 - Rising Adoption of Equipment Insurance - ResearchAndMarkets.com - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"DUBLIN&#8211;(BUSINESS WIRE)&#8211;The &#8220;U.S. Endoscope Repair Market Report: By Type, Service Provider &#8211; Size, Share Analysis and Growth Forecast to 2030&#8221; report has been added to ResearchAndMarkets.com&#8217;s offering. 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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 ... 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