Disposable Endoscopes Market Size is Estimated to Reach USD 7.8 Billion by 2030

The global disposable endoscopes market size is anticipated to around USD 7.8 Billion by 2030, this market is anticipated to grow with 18.9% CAGR during the forecast time period.

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Growing number of approvals from government and regulatory bodies such as U.S. FDA and CE are driving the accessibility of single use scopes in the market, which in turn is significantly affecting the growth of the market. Such as, Ambu A/S received FDA permission for single-use colonoscopes for its sale in the U.S. market in 2018. Increasing concerns and issues of regulatory bodies regarding safety of reusable scopes is one of the important parameter that motivates the rise in number of product approvals.

Raising need for low cost endoscopy procedures may drive the acceptance towards high adoption of single use endoscopes. Expense of flexible scopes includes cost of device and equipment as well as cost of maintenance and reprocessing device. Also, clinics and hospitals have to purchase sophisticated cleaning equipment and chemicals for decontamination of devices, which additional add up to the total technical and procedural cost. The total cost of reprocessing ranges from USD 115 to USD 281 for one endoscope.

Growing occurrence of reprocessing failures and non-compliance to reprocessing guidelines is also enabling a fillip to the disposable endoscopy market. An article published in Nursing Times reported which is according to the U.S. infection control experts, the present procedures deployed for cleaning reusable endoscopes were unproductive.

Growing occurrence of nosocomial infections owing to contaminated endoscopes is a main factor triggering the growth and demand for disposable endoscopes. Current developments in disposable endoscopes, mainly colonoscopies and bronchoscopes, are also anticipated to significantly impact market growth over the next few years.

Increasing demand for cost reduction in endoscopy processes boost need for disposable endoscopes as these are more economic or cost effective than reusable ones. High cost of reprocessing processes deployed for reusable endoscopes is further anticipated to drive the market. Disappointment of present reprocessing procedures and non-compliance of reprocessing guidelines is also anticipated to propel the adoption and acceptance levels of disposable endoscopes.

The global disposable endoscopes market is segmented into three major segments named application, end-user, and region. On the basis of application the disposable endoscopes market is segmented into bronchoscopy, urologic endoscopy, arthroscopy, GI endoscopy, proctoscopy, and others. On the basis of the end-user the global disposable endoscopes market is segmented into hospitals, diagnostic centers and clinics. On the basis of region the global Disposable Endoscopes market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Hospital segment under end-user are projected to hold high market share in 2026 owing to increase in strategic partnership among hospitals and endoscopy manufactures and also, increase in the numbers of hospitals are the other crucial factor triggering the growth of the endoscopy market during the forthcoming years. Apart from above, to develop healthcare sectors government are also supporting hospitals to equipped with better devices such as endoscopy devices to carry out advance diagnostic.

Also, In 2018, hospitals register for the largest revenue chunk in the disposable endoscopes market due to growing occurrence of hospital-acquired infections owing to dirty endoscopes. Furthermore, increasing number of reprocessing failures is consequential in augmented adoption of disposable endoscope in hospitals. Such as in the year 2015, FDA conveyed that duodeno scopes was related with infections produced from multi-drug resistant bacteria in the majorly in the U.S. hospitals.

Growing need for low-cost endoscopy processes in end-user such as clinics and hospitals is also giving an upward push to the demand for the disposable endoscopy. Reusing of contaminated endoscopes is a costly affair that may shift the preference of healthcare professionals towards the deployment of disposable ones. Though, disposable endoscopes are probable to produce medical waste, which may hinder the demand for disposable endoscopy among healthcare sector.

The key players operating in the global disposable endoscopes market are Ambu A/S, Inc., Hill Rom Holdings, Boston Scientific Corporation, OBP Medical Corporation, and Flexicare Medical Ltd.

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TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
CHAPTER 4. DISPOSABLE ENDOSCOPES MARKET BY APPLICATION
CHAPTER 5. DISPOSABLE ENDOSCOPES MARKET BY END-USER
CHAPTER 6. NORTH AMERICA DISPOSABLE ENDOSCOPES MARKET BY COUNTRY
CHAPTER 7. EUROPE DISPOSABLE ENDOSCOPES MARKET BY COUNTRY
CHAPTER 8. ASIA-PACIFIC DISPOSABLE ENDOSCOPES MARKET BY COUNTRY
CHAPTER 9. LATIN AMERICA DISPOSABLE ENDOSCOPES MARKET BY COUNTRY
CHAPTER 10. MIDDLE EAST DISPOSABLE ENDOSCOPES MARKET BY COUNTRY
CHAPTER 11. AFRICA DISPOSABLE ENDOSCOPES MARKET BY COUNTRY
CHAPTER 12. COMPANY PROFILE
CHAPTER 13. RESEARCH APPROACH

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