Press release
The Single Use Cystoscope Market to Stay Steadfast On Wearables
Single Use Cystoscope Market 2022The Single Use Cystoscope Market is expected to climb up the ladder of persistence in the next decade. With various healthcare apps on the anvil, there are also mindfulness apps being tabled. They fall in the category of "Wellness apps". With the world wishing for the post-Covid era to function smoothly, these wellness apps are expected to take the healthcare vertical by storm further.
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Set for the revenues worth US$ 6 Mn by 2019 end, global market for single use cystoscope will observe an impressive growth outlook at a high double-digit CAGR during the forecast period (2019 - 2029). Predominantly used for early detection and treatment of prostrate and bladder cancer as they minimize side-effects associated with the treatment, single use cystoscopes will witness growing demand owing to reduced possible chances of nosocomial infections.
As per the findings of a new Persistence Market Research (PMR) study, unlike the conventional rigid cystoscopes, flexible cystoscopes work by combining optical system and the working/irrigation channel into a single unit. The latter thus continues to gain preference over former. Flexible single use cystoscopies are thin and bendable, and allow for a better visualization of the patient's urethra and bladder. Thea flow of irrigation fluid is also about four times lower in flexible cystoscope as compared to rigid ones. These factors will remain crucial in upholding sales of single use cystoscopies in the near future.
Company Profiles:
Coloplast Group
NeoScope Inc.
UroViu Corporation
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single use cystoscope market
Key Takeaways - Single Use Cystoscope Market Study
Demand for flexible single use cystoscopes is anticipated to increase 5X over the forecast period, attributable to easy to handle and patient-friendly nature of flexible single use cystoscopes
Europe is anticipated to account for a significant share of the global demand for single use cystoscope market and its applications, owing to increasing cases of bladder and prostate cancer in the region
Hospitals are expected to account for 40% of the market share
In line with the rising demand for cost-effective medical devices in developing economies, manufacturers of single use cystoscope should now concentrate on the profits lying in emerging countries such as India.
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Rising Prevalence of Urological Disorders to Propel Demand for Advanced Single Use Cystoscopes
Increasing incidence of urological disorders creates opportunities for introduction of products with advanced technology in the single use cystoscope market. Manufacturers are focusing on advanced and improved products to expand applications of single use cystoscopes and to make them more patient friendly. For instance, Coloplast launched Isiris in the year 2017 for the global market. Uro-V, a product by Urovio, received FDA approval in March 2018. Uro-V is a single use semi-flexible cystoscope.
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A new report by Persistence Market Research on the single use cystoscope market provides unparalleled insights on the evolution of the single use cystoscope market during 2014 - 2018 and presents demand projections for 2019 - 2029 on the basis of product type (flexible single use cystoscope and semi-flexible single use cystoscope), and end user (hospitals, ambulatory surgical centers, and diagnostic centers) across six prominent regions (North America, Latin America, Europe, Asia Pacific, and MEA).
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PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
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