Overview and Scope
Disposable endoscopes refer to medical devices designed used on a patient for a single procedure and discarded after use. It is used by physicians to access, visualize and perform procedures in the urinary system and kidney to visualize and examine internal organs, tissues and structures.
Sizing and Forecast
The disposable endoscopes market size has grown rapidly in recent years. It will grow from $1.62 billion in 2023 to $1.91 billion in 2024 at a compound annual growth rate (CAGR) of 18.1%. The growth in the historic period can be attributed to infection control, regulatory approvals, cost-efficiency, minimally invasive procedures.
The disposable endoscopes market size is expected to see rapid growth in the next few years. It will grow to $3.53 billion in 2028 at a compound annual growth rate (CAGR) of 16.6%. The growth in the forecast period can be attributed to global healthcare access, outpatient procedures, telemedicine and remote consultations, public health initiatives. Major trends in the forecast period include specialized disposable endoscopes, enhanced imaging and visualization, sustainability and eco-friendly materials, ai-assisted endoscopy.
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Segmentation & Regional Insights
The disposable endoscopes market covered in this report is segmented –
1) By Product: Gastroscopes; Bronchoscopes; Duodenoscopes; Laryngoscopes; Colonoscopes; Ureteroscopes; Other Endoscopes
2) By Patient Type: Adult; Pediatric
3) By End User: Hospitals; Ambulatory Surgical Centers; Diagnostic Centers
North America was the largest region in the disposable endoscope market in 2023. The regions covered in disposable endoscopes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The increasing prevalence of cancer is expected to propel the growth of the disposable endoscopes market. Cancer is a complex group of diseases characterized by the uncontrolled growth and division of abnormal cells. Disposable endoscopes can provide high-quality imaging capabilities, allowing for more precise observations during endoscopic examinations. This medical equipment aids in detecting cancerous lesions or abnormalities within the gastrointestinal tract. For instance, according to the Cancer Facts and Figures 2023 report published by the American Cancer Society, a US-based professional organization, the number of new anal cancer cases reported in the United States is 9,760, compared to 9,440 cases in 2022. Additionally, the number of deaths attributed to anal cancer rose to 1,870, a rise from the 1,670 deaths recorded in 2022. Therefore, the increasing prevalence of cancer is driving the growth of the disposable endoscopes market.
Key Industry Players
Major players in the disposable endoscopes market are Medtronic PLC, Fujifilm Holdings Corporation, Baxter International Inc., Boston Scientific Corporation, Olympus Corporation, Steris Corporation, Karl Storz SE & Co. KG, PENTAX Medical, Ambu A/S, Cooper Surgical Inc., Verathon Inc., Henke-Sass Wolf GmbH, Apollo Endosurgery Inc., Hill-Rom Holdings Inc., Reach Surgical Co. Ltd., EndoChoice Inc., Flexicare Medical Limited, CapsoVision Inc., Optim LLC, OBP Medical Corporation, Taewoong Medical Co. Ltd., Hoya Corporation, XION Medical GmbH, Avantis Medical Systems Inc., EndoMed Systems GmbH, Neoscope Inc., Otu Medical Inc., Richard Wolf GmbH, Vision-Sciences Inc.
The disposable endoscopes market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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The new Disposable Endoscopes Market report offers a comprehensive study of the current scenario of the market including major market dynamics.
Also, it highlights the in-depth marketing research with the newest trends, drivers, and segments with reference to regional and country.
Further, this report profiles top key players and analyze their market share, strategic development, and other development across the world.The report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the disposable endoscopes market include Ambu A/S, Boston Scientific Corporation, Flexicare Medical Limited, OBP Medical Corporation, Parburch Medical, Prosurg Inc., SunMed, Timesco Healthcare Ltd. and Welch Allyn.
An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Get more information on "Global Disposable Endoscopes Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/disposable-endoscopes-market/download-sampleMarket DynamicsThe rising incidence of nosocomial infections or health-acquired infections from the use of contaminated endoscopes is driving the demand for disposable endoscopes.
As well as, the hospitals and clinics have to purchase sophisticated cleaning equipment and chemicals for decontamination which leads to increases in maintenance cost of the reusable endoscope which is further boosting the market growth.
The global disposable endoscopes market size is expected to reach USD 4.45 billion by 2027 and is expected to expand at a CAGR of 19.8% over the forecast period, according to a new report published by Radiant Insights, Inc. Increasing incidence of Hospital-acquired Infections (HAI) is one of the pivotal factors attributed to the growth.
Increasing prevalence of target diseases including cancer, ENT, Neurological, GI disorders and others is further boosting the adoption.
Download Free Sample Report @ https://www.radiantinsights.com/research/disposable-endoscopes-market/request-sample New product approvals in the countries from Europe and North America is expected to significantly push adoption of new products.
Ambu A/S is expected to launch nearly 13 products in next 2 to 3 years which will cater to a wide array of applications including, ENT, pulmonary, gastroscopy, colonoscopy, duodenoscopy, and few others.
The demand for disposable endoscopes is anticipated to witness a surge in hospitals, diagnostic centers, and other facilities owing to rapidly increasing instances of HAIs which results in significant burden on healthcare systems.
Developed economies are the most lucrative markets due to their high healthcare expenditure enabling them to adopt disposable endoscopes that are slightly expensive as compared to the reusable variants that gets amortized over time.
