Disposable Endoscopes Market By Type (Laparoscope, Arthroscope, Cystoscope, Gynecological Endoscope, and Other), By Application (Hospital & Clinic, ASCs, and Others), Industry Trends, Estimation & Forecast, 2023-2030
Disposable Endoscopes market is estimated to reach $4.8 billion by 2030; growing at a CAGR of 16.2% till 2030
-
keyboard_arrow_up
Market Overview
Endoscopy procedure uses the endoscope to examine the interior of a hollow organ or cavity of the body. Endoscopy is used to investigate symptoms in the digestive system, including nausea, abdominal pain, vomiting, difficulty swallowing, and gastrointestinal bleeding. The endoscope can be disposable and reusable endoscope. Disposable endoscopes are used once and are also called single used endoscope. The disposable endoscope minimizes the risk of infection and are available at low cost compare to the reusable endoscope.
Disposable Endoscopes market is estimated to reach $4.8 billion by 2030; growing at a CAGR of 16.2% till 2030
Market Dynamics
Rising preference for disposable over reusable Endoscope is boosting the global Disposable Endoscopes market. For instance, the reusable endoscopic devices are hard to disinfect because they acquire high levels of microbial contamination during each use. Hospitals are unable to disinfect reusable endoscope devices due to the design of the instruments, which makes them harder to clean. In the United States Senate’s Health, Education, Labor, and Pensions Committee claim that certain medical device manufacturers are aware of such design flaws but failed to correct. Around 62% of the reusable Endoscope at the top-performing hospital tested positive for bacteria, including potential pathogens. According to the studies, 30% of endoscopes examined in 5 United States hospitals found that reusable endoscopes contained potentially harmful substances, even after being cleaned. According to the federal Centers for Disease Control and Prevention, around 2 million Americans get sick by drug-resistant bacteria each year, and 23,000 dies. Further, increasing prevalence of cancer are key driving factors of the market. However, Increasing medical waste due to disposable Endoscope might hamper the market growth. The disposable Endoscope are one-time use product and are waste after the use. The increasing adoption of reusable endoscope in developing countries is hampering the market growth. Moreover, Increasing regulatory approvals for disposable Endoscope would provide lucrative opportunities for the market in coming years.
Market Segmentation
The global Disposable Endoscopes market is mainly classified based on Type, Application. Type is further segmented into Laparoscope, Arthroscope, Cystoscope, Gynecological Endoscope, Other. Arthroscope is dominating then global Disposable Endoscopes market. Arthroscope is a flexible fiberoptic scope, which is used for joint space to carry out the diagnostic and treatment procedures within the joint. Arthroscope is used in a wide range of surgical repairs, such as ligament reconstruction, debridement, or cleaning, of a joint to remove bits of torn cartilage and synovectomy. The increasing number of arthroscopic surgery is boosting the market. For instance, The arthroscopic procedures performed in the US each year is 1.77 million. In 2017, about 70000 knee arthroscopies surgery were performed in Australia. By Application, the market is further divided into Hospital & Clinic, ASCs, Others.
Regional Analysis
Based on geography, the global Disposable Endoscopes market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.
North America is dominating the Disposable Endoscopes market, due to increasing regulatory approvals for Disposable Endoscopes, and commercialization of new products. For instance, U.S. Food and Drug Administration (FDA) 510(k)has approved EXALT Model D Single-Use Duodenoscope use in endoscopic retrograde cholangiopancreatography (ERCP) procedures. The EXALT Model D Duodenoscope is the first and only FDA cleared single-use (disposable) duodenoscope on the market. Moreover, NUVIS Single-Use Arthroscope, a first-of-its-kind endoscope designed for use in arthroscopic surgical procedures, has received the Food and Drug Administration (FDA) approval to market the product.
Competitive Players
Key players operating in the Disposable Endoscopes industry include Boston Scientific Corporation, NeoScope Inc., OmniVision Technologies, Ambu A/S, Inc., Optimum Technologies, Inc, Prosurg, Flexicare Medical Ltd, Integrated Endoscopes, B Braun, Karl Storz, Olympus America.
Formation of strategic collaborations and commercialization of approved products are the few business strategies adopted by the key companies, with a focus on maintaining a competitive advantage over others. The companies are focused on product approvals and expansion of business activities on a global scale. For instance, May 20, 2019, Cook Medical has partnered with Ambu A/S to distribute its single-use, disposable duodenoscope devices once receive FDA clearance.Disposable Endoscopes Market Key Segments
By Type
• Laparoscope
• Arthroscope
• Cystoscope
• Gynecological Endoscope
• OtherBy Application
• Hospital & Clinic
• ASCs
• Others
By Geography• North America
o The U.S.
o Canada
o Mexico
• Europe
o U.K
o Germany
o France
o Italy
o Rest of Europe
• Asia Pacific
o India
o China
o Japan
o South Korea
o Rest of Asia Pacific
• South America
o Brazil
o Argentina
o Rest of South America
• Middle East & Africa
o GCC Countries
o Egypt
o South Africa
o Rest of Middle East & AfricaKey Global Disposable Endoscopes Industry Players
• Boston Scientific Corporation
• NeoScope Inc.
• Ambu A/S, Inc.
• OmniVision Technologies
• Optimum Technologies, Inc
• Prosurg
• Flexicare Medical Ltd
• Integrated Endoscopes
• B Braun
• Karl Storz
• Olympus America -
keyboard_arrow_up
Table of Content
1. Market Introduction
1.1. Executive Summary
1.2. Market Definition
1.3. Market Scope2. Research Methodology
2.1. Primary Research
2.2. Research Methodology
2.3. Assumptions & Exclusions
2.4. Secondary data sources3. Disposable Endoscopes Market Overview
3.1. Report Segmentation & Scope
3.2. Key Market Trend
3.3. Drivers
3.3.1. Rising preference for disposable over reusable Endoscope
3.3.2. Increasing prevalence of cancer
3.4. Restraints
3.4.1. Increasing medical waste due to disposable Endoscope
3.5. Opportunity
3.5.1. Increasing regulatory approvals for disposable Endoscope
3.6. Porter’s Five Forces Analysis
3.6.1. Porter’s Five Forces Analysis
3.7. Market Share Analysis4. Type Overview
4.1. Introduction
4.1.1. Market Size & Forecast
4.2. Laparoscope
4.2.1. Market Size & Forecast
4.3. Arthroscope
4.3.1. Market Size & Forecast
4.4. Cystoscope
4.4.1. Market Size & Forecast
4.5. Gynecological Endoscope
4.5.1. Market Size & Forecast
4.6. Other
4.6.1. Market Size & Forecast5. Application Overview
5.1. Introduction
5.1.1. Market Size & Forecast
5.2. Hospital & Clinic
5.2.1. Market Size & Forecast
5.3. ASCs
5.3.1. Market Size & Forecast
5.4. Others
5.4.1. Market Size & Forecast6. Disposable Endoscopes Market Regional Overview
6.1. Introduction
6.1.1. Market Size & Forecast
6.2. North America Disposable Endoscopes Market
6.2.1. North America Market Size & Forecast, By Country
6.2.2. North America Market Size & Forecast, By Type
6.2.3. North America Market Size & Forecast, By Application
6.2.4. The U.S.
6.2.4.1. Market Size and Forecast
6.2.5. Canada
6.2.5.1. Market Size and Forecast
6.2.6. Mexico
6.2.6.1. Market Size and Forecast
6.3. Europe Disposable Endoscopes Market
6.3.1. Europe Market Size & Forecast, By Country
6.3.2. Europe Market Size & Forecast, By Type
6.3.3. Europe Market Size & Forecast, By Application
6.3.4. Germany
6.3.4.1. Market Size and Forecast
6.3.5. France
6.3.5.1. Market Size and Forecast
6.3.6. UK
6.3.6.1. Market Size and Forecast
6.3.7. Italy
6.3.7.1. Market Size and Forecast
6.3.8. Spain
6.3.8.1. Market Size and Forecast
6.3.9. Rest of Europe
6.3.9.1. Market Size and Forecast
6.4. Asia-Pacific Disposable Endoscopes Market
6.4.1. Asia-Pacific Market Size & Forecast, By Country
6.4.2. Asia-Pacific Market Size & Forecast, By Type
6.4.3. Asia-Pacific Market Size & Forecast, By Application
6.4.4. Japan
6.4.4.1. Market Size and Forecast
6.4.5. China
6.4.5.1. Market Size and Forecast
6.4.6. Australia
6.4.6.1. Market Size and Forecast
6.4.7. India
6.4.7.1. Market Size and Forecast
6.4.8. South Korea
6.4.8.1. Market Size and Forecast
6.4.9. Rest of Asia-Pacific
6.4.9.1. Market Size and Forecast
6.5. South America Disposable Endoscopes Market
6.5.1. South America Market Size & Forecast, By Country
6.5.2. South America Market Size & Forecast, By Type
6.5.3. South America Market Size & Forecast, By Application
6.5.4. Brazil
6.5.4.1. Market Size and Forecast
6.5.5. Argentina
6.5.5.1. Market Size and Forecast
6.5.6. Rest of South America
6.5.6.1. Market Size and Forecast
6.6. Middle East & Africa Disposable Endoscopes Market
6.6.1. Middle East & Africa Market Size & Forecast, By Country
6.6.2. Middle East & Africa Market Size & Forecast, By Type
6.6.3. Middle East & Africa Market Size & Forecast, By Application
6.6.4. GCC Countries
6.6.4.1. Market Size and Forecast
6.6.5. Egypt
6.6.5.1. Market Size and Forecast
6.6.6. South Africa
6.6.6.1. Market Size and Forecast
6.6.7. Rest of Middle East & Africa
6.6.7.1. Market Size and Forecast7. Company Profile
7.1. Boston Scientific Corporation
7.1.1. Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.1.2. Boston Scientific Corporation Product Category, Application, and Specification
7.1.3. Boston Scientific Corporation Financial Performance (2016-2018)
7.1.4. Main Business/Business Overview
7.2. NeoScope Inc.
7.3. Ambu A/S, Inc.
7.4. OmniVision Technologies
7.5. Optimum Technologies, Inc
7.6. Prosurg
7.7. Flexicare Medical Ltd
7.8. Integrated Endoscopes
7.9. B Braun
7.10. Karl Storz
7.11. Olympus America -
What Report Provides?
• Full in-depth analysis of the parent Industry
• Important changes in market and its dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional growth potential
You may also like
-
Wound Cleanser Products Market By Type (Sprays, Solutions, Wipes, Foams, and Others), By Application (Hospital, Clinic, Ambulatory Care, and Other), Industry Trends, Estimation & Forecast, 2023-2030
- 189
- January 2023
- $3499
-
Mobile Medical Unit Market By Type (Mobile Clinics, Mobile Hospital, and Mobile Emergency Response Facilities), By Vehicle Type (Mobile Medical Vans, Mobile Medical Trailers, Mobile Medical Trucks, Mobile Medical Train, and Mobile Medical Shipping Containers), By Application (Cardiovascular, Neurosurgery, Laparoscopy Surgery, Diagnostic Imaging, and Others), Industry Trends, Estimation & Forecast, 2023-2030
- 179
- January 2023
- $3499