Disposable Endoscope Market to grow by USD 1.52 billion between 2022 and 2027, Rise in early detection of gastrointestinal diseases to Boost Growth - Technavio

By End-USer, Hospital segment will be significant

NEW YORK, Jan. 23, 2024 /PRNewswire/ -- The disposable endoscope market is to grow by USD 1.52 billion from 2023 to 2027 progressing at a CAGR of 15.9% during the forecast period. The report offers an up-to-date analysis regarding the current global scenario, the latest trends and drivers, and the overall environment. The rising early detection of gastrointestinal diseases is the key factor driving the growth. The widespread adoption of disposable endoscopes in gastrointestinal procedures is positively driven by factors such as the rising demand for minimally invasive techniques, the reduction in nosocomial infections, and the increasing prevalence of gastrointestinal diseases, including colorectal cancer, inflammatory bowel disease, and gastroesophageal reflux disease (GERD).

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The increasing regulatory approvals from health authorities around the world is a major trend. The increase in medical waste is a major challenge to the growth.

The disposable endoscope market analysis includes end-users (hospitals and clinics), applications (bronchoscopy, urologic endoscopy, GI endoscopy, ent endoscopy, and others), and geography (North America, Europe, Asia, and the Rest of the World (ROW)).

• The growth of the hospitals segment will be significant during the forecast period. Hospitals, as healthcare establishments, receive a large number of patients daily. Therefore, they possess advanced facilities and integrated operating rooms to meet the increasing requirements of both physicians and patients. Equipped with sophisticated infrastructure, hospitals can effectively diagnose and monitor the treatment of various diseases and conditions.

The sample report provides information on market dynamics and gives data for Market Opportunity Transformation Growth & Capitalization

The disposable endoscope market covers the following areas:

• Disposable Endoscope Market Sizing
• Disposable Endoscope Market Forecast
• Disposable Endoscope Market Analysis

Companies Mentioned

• Acteon Group Ltd.
• Ambu AS
• Boston Scientific Corp.
• Coloplast Corp.
• Endoso Life
• Flexicare Group Ltd.
• Hill Rom Holdings Inc.
• KARL STORZ SE and Co. KG
• Medtronic Plc
• Olympus Corp.
• Parburch Medical Developments Ltd.
• STERIS Plc
• SunMed
• TE Connectivity Ltd.
• The Cooper Companies Inc.
• Timesco Healthcare Ltd.

Acteon Group Ltd. - The company offers disposable endoscope for ENT areas. Also, the company offers foundations, moorings, marine electronics and instrumentation, flow lines, offshore risers, conductors for shallow, and deepwater applications. 

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Disposable endoscopes: Major Applications

Disposable endoscopes, a type of endoscopy device and medical device, find applications in minimally invasive surgery, utilizing flexible endoscopes for diagnostic imaging in procedures like gastrointestinal endoscopy and laparoscopic procedures. These single-use endoscopes play a role in healthcare technology, aiding in surgical instruments and infection control as medical disposables. They are used in various endoscopic procedures and visualization systems, contributing to the trends of disposable endoscopes and endoscope innovation. The disposable endoscope market caters to the demand for sterile endoscopy, with a focus on endoscope manufacturing and disposable camera endoscopes. This medical imaging tool is also utilized in interventional endoscopy and ambulatory surgery.

Related Reports

The global endoscopy devices market size is estimated to grow by USD 14,039.24 million at a CAGR of 7.36% between 2022 and 2027. 

The global laparoscopic devices market size is estimated to grow by USD 4,396.16 million at a CAGR of 8.11% between 2022 and 2027. 

ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Sizes

Five Forces Analysis

Segmentation by Application

Segmentation by End-user

Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

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SOURCE Technavio