Duodenoscopes Market Beyond Reprocessing Challenges The Future of the (Highlights a current concern)

Duodenoscopes Market worth $ 292.24 Million by 2030 - Exclusive Report by Insightace Analytics

Insightace Analytics Pvt. Ltd. announces the release of a market assessment report on the "Global Duodenoscopes Market- by Product Type (Flexible Video Duodenoscopes and Single-Use Duodenoscopes), Application (Diagnostic and Therapeutic/Treatment), Procedure (ERCP, EUS and Others), End-User (Gastroenterology Clinics, Hospitals and General and Paediatric Surgeon), Trends, Industry Competition Analysis, Revenue and Forecast To 2030."

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Insightace Analytics estimated the global duodenoscope market will be worth US$ 159.39 million in 2021. With a prediction period of 2024-2031, it is anticipated to reach US$ 292.24 million by 2030, growing at a CAGR of 7.15%. The main application for duodenoscopes is endoscopic retrograde

cholangiopancreatography (ERCP). The benefit of seeing the primary duodenal papilla face-on has led to them being called side-viewing endoscopes. They help treat problems that require less intervention than traditional surgery, such as gallstones and cancers of the pancreas and bile duct. Among the ailments they are used to treat are trauma, chronic pancreatitis, acute pancreatitis, and pancreatic pseudocysts. Duodenoscopes are less accurate in adverse events because of a lack of public awareness regarding the spread of infections through devices and problems with the database of outdated adverse event devices.

The factors expected to propel the growth of the duodenoscopes market in the future include an increase in research and development, technological advancements to identify causes and risk factors, as well as the transmission of infectious agents from duodenoscopes and the development of new strategies to reduce the patient danger from such infection. Due to technological developments that will make duodenoscopes more practical for medical procedures, the market for these instruments is predicted to grow. The desire for the duodenoscope market to grow internationally shortly is expected to be countered by the increasing prevalence of many other gastrointestinal conditions, including pancreatic and bile duct malignancies.

The previous factors propelling the global market for duodenoscopes are the rising rates of gastrointestinal, pancreatic, and bile duct tumours. The growing activities of the FDA, CDC, and manufacturers in identifying the causes and risk factors for infectious agent transmission with duodenoscopes and developing new solutions to minimize patient exposure are other important factors driving the growth of the global duodenoscopes market over the forecast period. Due to the duodenoscope's broad acceptance, the world's best healthcare system, technological advancements, and the rise in gastrointestinal disease cases, North America is predicted to dominate the duodenoscopes market over the forecast years.

The severe knowledge of technological improvements is another reason why the European duodenoscopes market is predicted to rise significantly throughout the forecast period. Due to the rising cost of healthcare services and financial healthcare service spending, duodenoscope demand is expected to increase even further. The duodenoscope market is dominated by companies such as Ambu A/S, Cook Medical, Olympus Corporation, Hoya Corporation (Pentax Medical), Fujifilm Corporation, Karl Storz Endoscopy, and Boston Scientific Corporation.

Recent collaborations and agreements in the market:

• In February 2020, the US FDA granted Olympus 510(k) clearance for their TJF-

Q190V duodenoscope.

• In November 2019, Pentax's duodenoscope design, which requires less disinfection, received FDA approval.

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Market Segments

Global Duodenoscopes Market, by Product Type, 2022-2030 (Value US$ Mn)

• Flexible Video Duodenoscopes
• Single-Use Duodenoscopes

Global Duodenoscopes Market, by Application, 2022-2030 (Value US$ Mn)

• Diagnostic
• Therapeutic/Treatment

Global Duodenoscopes Market, by Procedure, 2022-2030 (Value US$ Mn)

• ERCP
• EUS
• Others

Global Duodenoscopes Market, by End-User, 2022-2030 (Value US$ Mn)

• Gastroenterology Clinics
• Hospitals
• General and Paediatric Surgeon

Global Duodenoscopes Market, by Region, 2022-2030 (Value US$ Mn)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America Duodenoscopes Market, by Country, 2022-2030 (Value US$ Mn)

• U.S.
• Canada

Europe Duodenoscopes Market, by Country, 2022-2030 (Value US$ Mn)

• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific Duodenoscopes Market, by Country, 2022-2030 (Value US$ Mn)

• India
• China
• Japan
• South Korea
• Australia & New Zealand

Latin America Duodenoscopes Market, by Country, 2022-2030 (Value US$ Mn)

• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa Duodenoscopes Market, by Country, 2022-2030 (Value US$ Mn)

• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global duodenoscopes market
 To receive an industry overview and future trends of the Duodenoscopes market
 To analyze the duodenoscopes market drivers and challenges
 To get information on the duodenoscopes market value (US$Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the duodenoscopes market industry

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