Published Date : 09 May 2022
The global disposable endoscopes market is expected to reach valuation USD 10.4 billion by 2030 from valued USD 1.98 billion in 2021, poised to grow at a CAGR of 20.3% from 2022 to 2030.
Disposable endoscopes are one-step endoscopic solutions that allow for the administration of endoscopy procedures. They are pre-screened and non-reusable, resulting in patient-ready single-use endoscopes. If the endoscope is infected or has an obstacle, the patient may receive a contaminated device during the treatment. Disposable endoscopes also improve endoscopic procedure outcomes. The disposable endoscopes are a cutting-edge solution that combines high endoscope usability and practicality with full technological capabilities for endoscopic procedures. To assure quality and safety in endoscopic use, disposable endoscopes follow the standard process management protocol. Current measurers enable high-quality care while reducing the risk of device-related infections.
A surge in nosocomial infections due to the use of infected or tainted endoscopes, as well as recent technological advancements in the endoscope industry, is driving global demand for disposable endoscopes. The growth of the disposable endoscopes market is influenced by a variety of variables. Increased global demand for cost-effective endoscopic operations, increased FDA approvals, and improved national legislation on disposable endoscopes are among them. Furthermore, a rise in people's understanding of infection caused by infected reusable endoscopes, as well as an increase in health-care spending and the frequency of acquired healthcare-associated diseases, are driving global demand for disposable endoscopes.
The disposable endoscopes also provide significant technical support during procedures, with a high bending angle and precession tip that make navigation easier. As a result, it is expected that the use of disposable endoscopes would expand, hence assisting the growth of the disposable endoscopes market. Disposable endoscopes have the advantage of allowing for a high level of patient safety and consistency by giving care providers a precautionary edge. In cases requiring extreme precision, such as self-illumination and high-resolution pictures. The high demand for the tracking system among healthcare practitioners is expected to open up new market opportunities.
|Market Size in 2020||USD 1.65 Billion|
|CAGR||20.3% from 2022 to 2030|
|Bronchoscopy Segment Market Share in 2021||30%|
|North America Market Share in 2021||42%|
|Hospital Market Share in 2021||48%|
Olympus, Ambu A/S, Boston Scientific, Covidien, EndoChoice, Fujifilm Holdings Corporation
Future of Disposable Endoscopes Market
The simple economics might also be responsible for the disposable endoscopes market’s quick expansion. Due to the cost of acquiring disposable endoscopes is typically an order of magnitude or more than that of disposable endoscopes, the expansion of the global disposable endoscopes market is projected to be driven by both well-funded healthcare systems and increasingly budget conscious medical institutions around the world. This will create future prospects for the growth of the disposable endoscopes market in upcoming years.
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