Disposable Endoscopes Market (By Application: Arthroscopy, Bronchoscopy, GI Endoscopy, Proctoscopy, Urologic Endoscopy, Others; By End-user: Diagnostic centers, Hospitals, Clinics) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022 - 2030


The global disposable endoscopes market size was estimated USD 1.98 billion in 2021 and is expected to hit around USD 10.4 billion by 2030, with a registered at a CAGR of 20.3% during the forecast period 2022 to 2030.

Disposable Endoscopes Market Size 2020 to 2030

Continuous growth of disposable endoscopes market is primarily driven by growing hospital investments in endoscopy facilities, rising demand for endoscopy owing to the rising prevalence of target diseases, and technological advancements in endoscopy. Different advantages proposed by this type of endoscopes including low cost of maintenance, cleaning, and storage of the single-use endoscopes are boosting the product demand. Moreover, the escalating apprehension of regulatory bodies for patient protection has facilitated in refining the excellence of disposable endoscopes thereby decreasing the amount of infections. This scenario has witnessed advantageous for industry growth. Also, the increasing prevalence of target diseases is also anticipated to drive product demand.

Rising incidences of Hospital-acquired Infections (HAI) owing to the usage of contaminated endoscopes is one of the most fundamental factors attributed to the growth of the market. Furthermore, additional influence that will propel the sale of disposable endoscope is swelling sanctions from regulatory authorites. Such as, the FDA has just permitted to novel disposable endoscopes proposing sterile endoscopy treatment manufactured by Invendo medical company acquired by Ambu. Conversely, more prices of disposable endoscopes will hinder the disposable endoscopes market growth in upcoming years to certain level.

Report Scope of the Disposable Endoscopes Market

Report Highlights Details
Market Size USD 10.4 Billion by 2030
Growth Rate CAGR of 20.3% from 2022 to 2030
Largest Market North America
Fastest Growing Market Asia Pacific
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered End User, Application, Region Type
Companies Mentioned Olympus, Ambu A/S, Boston Scientific, Covidien, EndoChoice, Fujifilm Holdings Corporation

 

Application Insights

The global disposable endoscopes market, by application, is categorized into GI endoscopy, proctoscopy, bronchoscopy, urologic endoscopy, arthroscopy, others. Among these, the bronchoscopy application is likely to dominate the market with revenue share on 30% in 2021, due to factors, such as a surge in the number of infections associated with bronchoscopes and high availability of devices. Further, the bronchoscopy application is expected to showcase exponential growth due to the increased respiratory infections across the globe.With the help of disposable endoscopes, the effective treatment for respiratory diseases will increase the segment growth during the projection period.

In addition, the technological advancement in the urologic endoscopy segment is anticipated to drive the segment growth over the forecast period. Likewise, the rise in research & development activities by vendors for product line development is also boosting the segment growth. In addition, the growing contamination owing to the in appropriate washing of reusable devices is also heightening the product demand. Moreover, the increasing prevalence of chronic diseases such as cancer, post ureteroscopy infections, and advances in ureteroscopes are the factors responsible for segment growth.

End-user Insights

Depending on end-user the global disposable endoscopes market is categorized into hospitals, diagnostic centers, and clinics. Among these, the hospital segment is expected to hold the maximum revenue share 48% of the total market in 2021. Factors such as rising awareness, higher cleaning costs, and increasing reprocessing failures are resulting in the adoption of disposable endoscopes in hospitals. Moreover, due to contaminated equipment, the growing prevalence of hospital-acquired infections is anticipated to drive the segment growth. An inclination for disposable endoscopes is high regarding the reprocessed endoscopes in the hospitals. In addition, the technological advancements incorporated within the disposable endoscopes proposing accurate diagnosis will upsurge its adoption in hospitals enhancing the segmental growth.

Disposable Endoscopes Market Share, By End User, 2021 (%)

The rising demand for low-cost endoscopy procedures and increasing the prevalence of chronic diseases such as cancer are other significant factors enlightening the product demand. Also, the growing demand for single-use endoscopes due to their low maintenance cost and higher reprocessing costs are augmenting its demand and shifting the preference of healthcare experts for the usage of disposable ones. On the other hand, medical waste generated by these devices is a threat to the environment, which may hinder the demand in the near future.

Regional Insights

In 2021, North America accounted for the largest revenue chunk 42% and the region is anticipated to continue its dominance over the projection period as the region is extremely active towards the adoption of innovative products. Furthermore, increased incidence of chronic diseases and the incidence of a massive target population base is the key parameter augmenting demand for disposable endoscopes in the region. Growing awareness about cost-efficient disposable endoscopes and high per capita healthcare expenditure are the other factors responsible for the growth of the North America disposable endoscopes market.

Disposable Endoscopes Market Share, By Region, 2021 (%)

However, the European region is projected to be the second fastest-growing market for disposable endoscopes. The rising awareness regarding the benefits of disposable endoscopes is leading to greater adoption among healthcare professionals in the Europe region. The Asia Pacific region is expected to witness the fastest growth in the global disposable endoscopes market over the forecast period. Growing nosocomial infections, a rising number of product approvals, and a lack of proper reprocessing procedures are pouring the regional growth. In Latin America, and the Middle East and Africa, the need for disposable endoscopes is anticipated to remain moderate during the projection period. This is because of the economic prices of disposable endoscopy.

Global Disposable Endoscopes Market 2020 to 2027

Key Companies & Market Share Insights

A new product development to cater to the numerous application areas is the most prominent strategy adopted by these market participants.Some of the significant companies contending in the global disposable endoscopes market include:

  • Olympus
  • Ambu A/S
  • Boston Scientific
  • Covidien
  • EndoChoice
  • Fujifilm Holdings Corporation
  • Richard Wolf Gmbh
  • Karl Storz
  • Pentax Medical Company
  • Wohler
  • Medela
  • PFE medical

Segments Covered in the Report

This research report estimates revenue growth at global, regional, and country levels and offers an analysis of present industry trends in every sub-segment from 2017 to 2030. This research study analyzes market thoroughly by classifying global disposable endoscopes market report on the basis of different parameters including application, end users, and region:

By Application

  • GI Endoscopy
  • Bronchoscopy
  • Proctoscopy
  • Urologic Endoscopy
  • Arthroscopy
  • Others

By End-user

  • Diagnostic centers
  • Hospitals
  • Clinics

By Regional Outlook

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Frequently Asked Questions

What is the market size of disposable endoscopes market?
Precedence Research announced, the global disposable endoscopes market size was estimated USD 1.98 billion in 2021 and is expected to hit around USD 10.4 billion by 2030.
In appropriate cleansing practices and insufficient cleaning procedures compromise the sterility of endoscope instruments. Therefore, medical and surgical professionals choose disposable endoscopes.
Continuous growth of disposable endoscopes market is primarily driven by growing hospital investments in endoscopy facilities, rising demand for endoscopy owing to the rising prevalence of target diseases, and technological advancements in endoscopy.
Disposable endoscopes signify single-use, flexible endoscopy solutions with amended safety and productivity. It also offers resolution to compound re-processing procedures that are relatedwith conventional endoscopes. Disposable endoscope removes the necessity for sterilization or cleaning procedures related to the reuse of conventional endoscopes.
The global disposable endoscopes market is anticipated to expand at a compound annual growth rate (CAGR) of 20.3% during period 2022 to 2030.
The bronchoscopy application is likely to dominate the market, due to factors, such as a surge in the number of infections associated with bronchoscopes and high availability of devices.
The hospital segment is expected to hold the maximum revenue share of the total market. Factors such as rising awareness, higher cleaning costs, and increasing reprocessing failures are resulting in the adoption of disposable endoscopes in hospitals.
There are some top players of disposable endoscopes market such as Olympus, Ambu A/S, Boston Scientific, Covidien, EndoChoice, Fujifilm Holdings Corporation.
  • Report Code:1039
  • Category:Healthcare
  • No. of Pages:150+
  • Format:PDF/PPT/Excel
  • Status:Published

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