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Rising Colorectal Cancer Prevalence Fuels Growth In Sigmoidoscope Market Driver: A Major Catalyst in the Evolution of the Sigmoidoscope Market in 2025

03-25-2025 05:54 AM CET | Health & Medicine

Press release from: The Business research company

Sigmoidoscope Market

Sigmoidoscope Market

"What industry-specific factors are fueling the growth of the sigmoidoscope market?
The growing prevalence of colorectal cancer is expected to boost the sigmoidoscope market. As the incidence of colorectal cancer rises, driven by aging populations, poor dietary habits, and sedentary lifestyles, the need for effective diagnostic tools grows. Sigmoidoscopes are crucial for early detection of colorectal cancer by enabling doctors to examine the rect*um and lower colon for abnormal growths. According to the American Cancer Society, the number of new colorectal cancer cases in 2023 increased to 153,020, up from 151,030 in 2022. Therefore, the increasing prevalence of colorectal cancer will propel the growth of the sigmoidoscope market.

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What Is the projected market size and growth rate for the sigmoidoscope market?
The sigmoidoscope market has experienced robust growth in recent years. It is expected to increase from $2.53 billion in 2024 to $2.69 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.4%. The growth during the historical period can be attributed to the rising demand for portable diagnostic tools, greater focus on infection control, expansion of healthcare infrastructure, advancements in technology, heightened awareness about early diagnosis, regulatory standards, and consolidation among healthcare providers.

The sigmoidoscope market is projected to grow to $3.4 billion by 2029, with a CAGR of 6.0%. Growth is driven by advances in LED lighting technology, use of sustainable materials, growth of online retail, customization for specialized applications, and innovations in battery technology. Trends include miniaturization, integration with digital health platforms, smart penlight developments, AI and machine learning applications, telehealth service expansion, and the use of 3D printing for customizations.

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What new trends are reshaping the sigmoidoscope market and its opportunities?
Leading companies in the sigmoidoscope market are developing advanced endoscopy systems to improve image color, texture, and lesion/polyp visibility during screening. For instance, in October 2023, Olympus Corporation introduced the EVIS X1 endoscopy system, which is designed to enhance gastrointestinal (GI) visualization, helping professionals diagnose and treat GI disorders more effectively with improved imaging technology.

What major market segments define the scope and growth of the sigmoidoscope market?
The sigmoidoscope market covered in this report is segmented -

1) By Type: Flexible Sigmoidoscope, Rigid Sigmoidoscope
2) By Application: Diagnosis, Monitoring, Other Applications
3) By End User: Clinics, Hospitals, Diagnostic Centers, Gastroenterology Institutes, Ambulatory Surgical Centers, Other End Users

Subsegments:
1) By Flexible Sigmoidoscope: Single-Use Flexible Sigmoidoscope, Reusable Flexible Sigmoidoscope, High-Definition Flexible Sigmoidoscope, Disposable Flexible Sigmoidoscope
2) By Rigid Sigmoidoscope: Stainless Steel Rigid Sigmoidoscope, Plastic Rigid Sigmoidoscope, Single-Use Rigid Sigmoidoscope, Reusable Rigid Sigmoidoscope

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What regions are leading the charge in the sigmoidoscope market?
North America was the largest region in the sigmoidoscope market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sigmoidoscope market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which key market leaders are driving the sigmoidoscope industry growth?
Major companies operating in the sigmoidoscope market are McKesson Corporation, Henry Schein Medical, Olympus Corporation, Hill-Rom Inc, Karl Storz, PENTAX Medical Company, Heine Optotechnik GmbH & Co. KG, Williams Medical, Rocket Medical, Medline Industries Inc., Bioseal Inc., Horten Medical Pty Ltd, Stapleline Medizintechnik GmbH, Care Surgicals, Evexar Medical Ltd, Kashmir Surgical India Private Limited, Narayan Surgical, Pal Surgical And Medical, Parburch Medical, Sun Traders Ltd

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What Is Covered In The Sigmoidoscope Global Market Report?

•Market Size Forecast: Examine the sigmoidoscope market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the sigmoidoscope market for a structured understanding.
•Key Players Overview: Analyze major players in the sigmoidoscope market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the sigmoidoscope market.
•Segment Contributions: Evaluate how different segments drive overall growth in the sigmoidoscope market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the sigmoidoscope market.
•Industry Challenges: Identify potential risks and obstacles affecting the sigmoidoscope market.
•Competitive Landscape: Review strategic developments in the sigmoidoscope market, including expansions, agreements, and new product launches.

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