Disposable Endoscopes Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028

Disposable Endoscopes Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028

Global Disposable Endoscopes Market is expected to register lucrative growth during forecast period majorly due to deteriorating health of people in the nation. An endoscope is an inspection instrument that consists of an image sensor, optical lens, light source, and mechanical device that allows to see deep inside the body through openings such as the mouth and anus. A typical endoscope employs several modern technologies such as optics, ergonomics, precision mechanics, electronics, and software development. Some of the common endoscopes which are used by various medical centers across the world include gastrointestinal endoscope, bronchoscope, cystoscope, hysteroscope, arthroscope, laparoscope and enteroscope. Among various categories of endoscopes, disposable endoscopes are increasingly popular offering various benefits such as low cost and safety. A disposable endoscope is a single-use device intended for use with a patient during a single procedure. It has advantages such as reduced cross-contamination among patients on a large scale. Growing prevalence of various diseases such as cardiovascular diseases, respiratory diseases, cancer, musculoskeletal disorders, and others in the country are increasing the demand of developments and innovations in the country. Treatment of these diseases is leading to the manufacturing of more medical devices in the world which is expected to register an impressive growth for the Global Disposable Endoscopes Market during the forecast period. Moreover, increase in support provided by the government to healthcare industries in the world by implementation of new policies and initiatives is also expected to propel the growth of disposable endoscopes market in the world during the forecast period. Development in healthcare infrastructure of all the countries across the world by establishment of more hospitals, innovation in medical facilities and improvement in treatment procedures of several diseases are also expected to bolster the growth of Global Disposable Endoscopes market in upcoming years. Furthermore, growth in geriatric population of the world along with increase in prevalence of various diseases such as diabetes, cancer, cardiovascular diseases, and others which are associated with elderly people is also fueling the growth of Global Disposable Endoscopes Market in the forecast period.

Increasing Prevalence of Chronic Diseases

Chronic diseases are prolonged conditions that generally cannot be prevented or completely cured by vaccines. Cardiovascular diseases, cancer, respiratory diseases, diabetes, Alzheimer’s disease, kidney disorders, and arthritis are the most commonly prevailing diseases in the world currently. Several risk factors which are responsible for emergence of these diseases in the world include physical inactivity, consumption of unbalanced diet, alcohol, smoking cigarettes, and others. In recent years, cardiovascular diseases have emerged as the leading cause of increase in mortality rate in various countries including Haiti, Guyana, Suriname, Dominican Republic, Honduras, Grenada, and Bahamas. According to the report published by Pan American Health Organization (PAHO) in 2019, Ischemic heart disease have accounted for 73.6 deaths per 100,000 population in the world, followed by stroke with 32.3 deaths, other circulatory diseases with 14.8 deaths, hypersensitive heart disease with 10.6 deaths, cardiomyopathy, myocarditis, and endocarditis with 5.1 deaths and rheumatic heart disease with 0.7 deaths of total population across the world. It has been reported in recent years that cancer is prevailing as the second major cause behind increasing mortality rate of the world. As per the report published by World Health Organization (WHO) in 2022, it has been observed that lung cancer has been the most prominent type of cancer prevailing across the world accounting for 1.80 million deaths, followed by 9,16,000 deaths caused by colon and rectum cancer, 8,30,000 deaths due to liver cancer, 7,69,000 deaths by stomach cancer and 6,85,000 deaths caused by breast cancer. Moreover, growing existence of these diseases is leading to the use of more medical devices in health associations which is further expected to propel the growth of Global Disposable Endoscopes market in the forecast period.

Growth in Government Support

Governments around the world have been actively supporting the adoption of disposable endoscopes, as they are a cost-effective and safer alternative to reusable endoscopes. For instance, the United States Food and Drug Administration (FDA) has recommended the use of disposable endoscopes for certain medical procedures because of the risk of infection associated with reusable endoscopes. FDA has also provided guidance to manufacturers on the development and testing of single-use endoscopes. Similarly, in Europe, the European Commission has provided funding for research and development of disposable endoscopes, recognizing their potential to reduce the risk of infections and improve patient outcomes. Additionally, several national healthcare systems have implemented policies to promote the use of disposable endoscopes which is fueling the growth of Global Disposable Endoscopes Market in the forecast period.

Development in Healthcare Infrastructure

The global disposable endoscopes market has been growing steadily in recent years, and the development of healthcare infrastructure has played a significant role in driving this growth. The use of disposable endoscopes is becoming increasingly popular in hospitals and clinics worldwide due to their convenience, cost-effectiveness, and ability to prevent infections. According to the analysis presented by Statista in 2020, Columbia has made the highest contribution to the healthcare system of the world with a total of 10,899 hospitals, followed by Japan with 8,238 hospitals, United States of America with 6,090 hospitals, Mexico with 4,909 hospitals, Korea with 4,106 hospitals and so on. However, countries which are leading in disposable endoscopes market accounting for the highest rate of endoscopy procedures include United States, Japan, and Germany. Growing usage of single-use endoscopes for treatment of various prevailing diseases in the world is further expected to bolster the growth of Global Disposable Endoscopes market in the forecast period.

Increase in Geriatric Population

Growing emergence of diseases among geriatric population in the world is indeed one of the major causes resulting in growth of disposable endoscopes market in the world. The sedentary lifestyle of people which includes consumption of unbalanced diet, alcohol, physical inactivity and smoking of cigarettes are some of the major risk factors which are leading to the prevalence of various diseases worldwide. Arthritis, diabetes, cardiovascular diseases, cancer, dementia, respiratory diseases, and osteoporosis are some of the most common diseases growing frequently among the geriatric population across the world. According to the report published by Population Reference Bureau (PRB) based on countries with the oldest populations in the world, it has been concluded that Japan is the foremost country in the world accounting for around 28.2% of geriatric people out of total population, followed by Italy with 22.8% of geriatric population, Greece, and Portugal with 21.8 %, and Germany with 21.4% of geriatric people out of the total population. Growing proportion of elder people in the world across with growing emergence of various diseases which are associated with people in their old age is further expected to drive the growth of Global Disposable Endoscopes market in the forecast period.

Market Segmentation

Global Disposable Endoscopes market is segmented based on Type, End User, Company, and Region. In terms of type, the disposable endoscopes market is categorized into Laparoscopes, Arthroscopes, Ureteroscopes, Cystoscopes, Gynecology Endoscopes, Neuroendoscopes, Bronchoscopes, Hysteroscopes, Laryngoscopes, Otoscopes, Sigmoidoscopes, Duodenoscopes, Nasopharyngoscopes, Rhinoscopes, and Colonoscopes. Based on, End User, the market is fragmented into Outpatient Facilities and Hospitals.

Market Players

Ambu A/S, Boston Scientific Corporation, Obp Surgical Corporation, COOPERSURGICAL INC., Flexicare medical Limited, Welch Allyn (Hill Rom), HOYA Corporation, KARL STORZ SE & Co. KG, Olympus Corporation, OTU Medical Inc.

Report Scope:

In this report, Global Disposable Endoscopes Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Disposable Endoscopes Market, By Type:
• Laparoscopes
• Arthroscopes
• Ureteroscopes
• Cystoscopes
• Gynecology Endoscopes
• Neuroendoscopes
• Bronchoscopes
• Hysteroscopes
• Laryngoscopes
• Otoscopes
• Sigmoidoscopes
• Duodenoscopes
• Nasopharyngoscopes
• Rhinoscopes
• Colonoscopes
• Disposable Endoscopes Market, By End User:
• Outpatient Facilities
• Hospitals
• Disposable Endoscopes Market, By Region:
• North America
• United States
• Canada
• Mexico
• Asia-Pacific
• China
• India
• South Korea
• Australia
• Japan
• Europe
• Germany
• France
• United Kingdom
• Spain
• Italy
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE

Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Global Disposable Endoscopes Market

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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