Disposable Endoscopes Market: Revolutionizing Infection Control and Efficiency in Modern Healthcare
According to a research report published by Spherical Insights & Consulting, the Global Disposable Endoscopes Market Size Expected to Grow from USD 2.26 Billion in 2023 to USD 5.46 Billion by 2033, at a CAGR of 9.22% during the forecast period 2023-2033.
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Disposable endoscopes are minimally invasive medical techniques called endoscopes. It is used to detect, treat, and avoid issues with the visceral organs. Disposable endoscopes enter the body through incisions, particularly in arthroscopy situations, or natural cavities or holes, such as mouth and anus. Disposable endoscopes come with several accessories, like a camera or light source at the tip, to enable physicians or other medical professionals (endoscopists) to inspect inside organs of interest. Moreover, the growing requirement for single-use endoscopes to lower the device’s risk of infection is one of the main factors driving the global market expansion. The market is growing because of the favorable reimbursement policies of developed countries, and industry-supporting regulatory frameworks. Lifestyle changes throughout time have been linked to an increase in the prevalence of several chronic illnesses, including cancer and gastrointestinal disorders. Disorders of the gastrointestinal system affect the GI tract, which runs from the mouth to the vagina. Under the general heading of digestive illnesses, there are many different conditions, including non-alcoholic fatty liver disease, reflux disease, and colon cancer. Many countries throughout the world have seen an increase in the number of people with colorectal cancer. One major factor propelling the global market is the requirement for single-use endoscopes to reduce the equipment’s risk of infection. However, the market may be hampered in the next ten years if healthcare facilities that currently utilize standard endoscopes are forced to make extra equipment investments.
Browse key industry insights spread across 255 pages with 110 Market data tables and figures & charts from the report on the Global Disposable Endoscopes Market Size, Share, and COVID-19 Impact Analysis, By Application (Arthroscopy, GI Endoscopy, ENT Endoscopy, Bronchoscopy, Urologic Endoscopy), By Product Type (Adult, Pediatric), By End User (Hospitals, Ambulatory Surgical Centers), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
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The bronchoscopy is anticipated to hold the major share of the global disposable endoscopes market throughout the predicted period.
On the basis of the application, the global disposable endoscopes market is divided into arthroscopy, GI endoscopy, ENT endoscopy, bronchoscopy, urologic endoscopy, and others. Among these, the bronchoscopy is anticipated to hold the major share of the global disposable endoscopes market throughout the predicted period. The large market share of disposable endoscopes during bronchoscopy treatments can be attributed to their many therapeutic benefits. With the increasing prevalence of lung cancer and tumors, the market is anticipated to grow. Improved diagnosis and treatment are made possible by the ability of bronchoscopy to detect a wide range of cancers.
The adult segment is anticipated to hold the major share of the global disposable endoscopes market throughout the predicted period.
On the basis of the product type, the global disposable endoscopes market is categorized into adult and pediatric. Among these, the adult segment is projected to hold the major share of the global disposable endoscopes market throughout the predicted period. This is attributed to the number of adult patients with health problems increases, endoscopic intervention is frequently required for the diagnosis and treatment of various disorders.
The hospital segment is anticipated to hold the major share of the global disposable endoscopes market throughout the predicted period.
On the basis of end user, the market for disposable endoscopes is segmented into ambulatory surgical centers, hospitals, and other facilities. Among these, the hospital segment is anticipated to hold the major share of the global disposable endoscopes market throughout the predicted period. This is attributed to possible explanation for this market share leadership is the growing use of advanced endoscopic procedures, which are expected to boost patient preference for hospitals. In an attempt to increase patient safety and lower the spread of infection, hospitals are increasingly using disposable endoscopes.
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North America is projected to hold the major share of the global disposable endoscopes market over the estimated period.
North America is projected to hold the major share of the global disposable endoscopes market over the estimated period. This large market share could be attributed to several factors, including an older population, the presence of significant industry participants, an increase in the number of patients with GI issues, and others. Disposable endoscopes offer a higher degree of infection control since there is no requirement for reprocessing and a lower possibility of cross-contamination. Growing awareness of the need for infection control has led to a surge in demand for disposable endoscopes in North America.
Asia Pacific is anticipated to grow at a rapid pace in the global disposable endoscopes market throughout the predicted period. The growing population and increased incidence of functional and chronic gastrointestinal issues, such as cancer, diabetes, and cardiovascular illnesses, are some of the major factors anticipated to fuel market expansion in the Asia Pacific.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global disposable endoscopes market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
Major vendors in the global disposable endoscopes market are KARL STORZ, OBP Medical Corporation, Olympus Corporation, Welch Allyn, Ambu A/S, Boston Scientific Corporation, BPL Medical Technologies, CooperSurgical, Inc., Flexicare Medical Ltd., HOYA Corporation, Parburch Medical Developments Ltd, Pentax Medical Company, Richard Wolf Gmbh, Shenzhen HugeMed Medical Technical Development Co., Ltd., Tonglu General Factory of Medical Optical Instruments, and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In July 2022, Zsquare announced that the US Food and Drug Administration had given its Zsquare ENT-Flex Rhino laryngoscope 510K certification. This single-use endoscope, which can transmit high-resolution images and provide better diagnostic quality, is used in ENT procedures.
- In May 2021, The PENTAX Medical ONE Pulmo, a single-use bronchoscope, has been authorized for the CE market, according to PENTAX Medical. This endoscope enables quicker patient care with its easy-to-use interface, scope holding, and tip angulation. This regulatory approval enhanced the company’s geographic footprint and customer base by enabling it to sell its product in Europe.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global disposable endoscopes market based on the below-mentioned segments:
Global Disposable Endoscopes Market, By Application
- Arthroscopy
- GI Endoscopy
- ENT Endoscopy
- Bronchoscopy
- Urologic Endoscopy
- Others
Global Disposable Endoscopes Market, By Product Type
- Adult
- Pediatric
Global Disposable Endoscopes Market, By End Use
- Hospitals
- Ambulatory Surgical Centers
- Others
Global Disposable Endoscopes Market, Regional
- North America
-
- US
- Canada
- Mexico
- Europe
-
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
-
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
-
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
-
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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