Single-Use Disposable Endoscopy Market, Size, Global Forecast 2023-2030, Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis
Single Use-Disposable Endoscopes Market is expected to hit around US$ 6.71 Billion by 2030, according to Renub Research. Endoscopy has revolutionized the clinical panorama through presenting non-surgical techniques for correct prognosis, intervention, and tracking of a big range of medical situations. Its capability to provide distinct visible facts and facilitate targeted remedies has made it a useful tool in cutting-edge healthcare practices.
Endoscopy offers vital insights into internal organs and tissues, aiding diagnosis. Biopsies provide essential samples for identifying anemia, bleeding, inflammation, and cancers. Such data guides treatment. Gastrointestinal problems are also diagnosed through endoscopy, including GERD, ulcers, inflammation, precancerous signs, celiac disease, strictures, and blockages. This minimally invasive method enhances patient comfort, enabling early detection and intervention, potentially bettering outcomes.
Single Use-Disposable Endoscopes Market will register CAGR of 18.04% during the forecast period 2022 to 2030
The growing prevalence of Hospital-acquired Infections (HAI) because of the usage of contaminated endoscopes sticks out as a primary driving force for the expansion of the Single Use- Disposable Endoscopes market. Additionally, another influence to drive the sale of Single user disposable endoscopes is a surge in regulatory approvals. For instance, latest approval from the FDA has been granted for innovative disposable endoscopes designed for sterile endoscopic approaches, advanced by way of Invendo, an agency now below Ambu. However, it is well worth noting that higher expenses associated with disposable endoscopes should hinder the boom of the single use disposable endoscope market to some extent within the coming years.
The growing usage of minimally invasive techniques, driven via their numerous blessings like robust patient popularity, reduced discomfort, fee-effectiveness, and lower hazard of headaches, is using the worldwide market enlargement. As evidenced by January 2023 facts from the NIH, there's an excellent rise in ambulatory minimally invasive processes in the United States. Furthermore, there is a growing need for disposable endoscopes across hospitals and diagnostic centers. The growing adoption of single-use endoscopy instruments for approaches in fields like ENT, bronchoscopy, and dentistry is predicted to make contributions notably to the market increase trajectory within the coming years. Single Use-Disposable Endoscopes Market size was US$ 1.78 Billion in 2022.
Endoscope holds the dominant market in the Single-Use Disposable Endoscopes Industry
By Product Type, Single Use-Disposable Endoscopes Market segmented into Endoscope, Visualization Systems, Endoscopic Ultrasound, Insufflator and Others. Within the Single Use-Disposable Endoscopes Industry, the endoscope holds the most important market percentage. Its prominence is attributed to its quintessential function in imparting minimally invasive diagnostic and surgical solutions. With factor like decreased contamination risk and efficient price management, endoscopes have emerged as a pivotal tool throughout scientific specialties. This dominance is similarly driven via improvements in era, expanding programs, and the growing reputation of the advantages provided with the aid of unmarried-use disposable endoscopes in enhancing patient effects and procedural protection.
Bronchoscopy sector revenue growth is projected to incline hastily in the forecast period
By Application, Single Use-Disposable Endoscopes Market divided into Bronchoscopy, GI endoscopy, ENT Endoscopy, Urologic endoscopy, Arthroscopy and Others. Among those, the bronchoscopy application is probably to dominate the market due to surge in the range of infections associated with bronchoscopes and excessive availability of gadgets. Further, the bronchoscopy application is expected to show off exponential boom due to the accelerated respiratory infections throughout the globe. With the help of single use disposable endoscopes, the effective remedy for respiration sicknesses will grow the section increase at some stage in the projection duration. According to, WHO, COPD is the 1/3 main purpose of death globally and over 90% of COPD deaths arise in low and center-profits countries. Moreover, rising adoption of single use bendy bronchoscopes and excessive preference of healthcare experts to disposable bronchoscopes is further escalating segment growth.
Hospital sector accounted for largest revenue in the single use disposable endoscopy market.
By End Use, Single Use-Disposable Endoscopes Market sub-segmented into Hospital, Health Care Center and Clinics. The hospital segment is anticipated to keep the maximum share of the whole market. Factors which include rising awareness, higher cleansing charges, and growing reprocessing failures are resulting inside the adoption of single use disposable endoscopes in hospitals.
Moreover, due to infected equipment, the growing prevalence of medical institution-obtained infections is predicted to drive the segment boom. An inclination for single use disposable endoscopes is high regarding the reprocessed endoscopes inside the hospitals. In addition, the technological improvements included within the single use disposable endoscopes providing accurate diagnosis will upsurge its adoption in hospitals enhancing the segmental boom.
United States of America accounted for dominant revenue over other country in the single use disposable endoscopy market
By Country, Single Use Disposable Endoscopy Market is split into United States, Canada, Germany, United Kingdom, France, Italy, Netherlands, Spain, China, South Korea, Japan, India, Indonesia, Malaysia, Argentina, Brazil, Mexico, Colombia, Saudi Arabia, South Africa, Israel, Australia and UAE. United States accounted for the most important revenue chunk and the region is predicted to hold its dominance over the projection duration as the area is extraordinarily lively toward the adoption of revolutionary products.
Furthermore, extended occurrence of chronic sicknesses and the occurrence of a big goal populace base is the important thing parameter augmenting demandfor single use disposable endoscopes in the place. Growing consciousness about fee-efficient single use disposable endoscopes and excessive consistent with capita healthcare expenditure are the other factors liable for the boom of the USA single use disposable endoscopes market.
Key Players
Some of the sizeable organizations contendingin the single use disposable endoscopes market encompass: Boston Scientific Corporation Inc, Hill Rom Holdings, Coloplast, Medtronic Plc, Cantel Medical Corporation, Alcon and HCA Healthcare Inc.
Renub Research latest report “Single-Use/Disposable Endoscopy Market, Global Forecast By Product Type (Endoscope, Visualization Systems, Endoscopic Ultrasound, Insufflator and Others), Application (Bronchoscopy, GI endoscopy, ENT Endoscopy, Urologic endoscopy, Arthroscopy and Others), End Use (Hospital, Health Care Center and Clinics), Country (United States, Canada, Germany, United Kingdom, France, Italy, Netherlands, Spain, China, South Korea, Japan, India, Indonesia, Malaysia, Argentina, Brazil, Mexico, Colombia, Saudi Arabia, South Africa, Israel, Australia and UAE), Companies (Boston Scientific Corporation Inc, Hill Rom Holdings, Coloplast, Medtronic Plc, Cantel Medical Corporation, Alcon and HCA Healthcare Inc)” provides a detailed analysis of Single-Use/Disposable Endoscopy Industry.
Product Type – Global Single-Use/Disposable Endoscopy Market have been covered from 5 viewpoints:
1. Endoscope
2. Visualization Systems
3. Endoscopic Ultrasound
4. Insufflator
5. Others
Application – Global Single-Use/Disposable have been covered from 6 viewpoints:
1. Bronchoscopy
2. GI endoscopy
3. ENT Endoscopy
4. Urologic endoscopy
5. Arthroscopy
6. Others
End Use – Global Single-Use/Disposable Endoscopy Market have been covered from 3 viewpoints:
1. Hospital
2. Health Care Center
3. Clinics
Country – Global Single-Use/Disposable Endoscopy Market have been covered from 23 viewpoints:
1. North America
1.1 United States
1.2 Canada
2. Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Netherlands
2.6 Spain
3. Asia Pacific
3.1 China
3.2 South Korea
3.3 Japan
3.4 India
3.5 Indonesia
3.6 Malaysia
3.7 Australia
4. Latin America
4.1 Argentina
4.2 Brazil
4.3 Mexico
4.4 Colombia
5 Middle East & Africa
5.1 Saudi Arabia
5.2 UAE
5.3 Israel
5.4 South Africa
Company Insights:
• Overview
• Recent Development
• Revenue
Key Players:
1. Boston Scientific Corporation Inc
2. Hill Rom Holdings
3. Coloplast
4. Medtronic Plc
5. Cantel Medical Corporation
6. Alcon
7. HCA Healthcare Inc