Disposable Endoscopes Market to be Influenced by growing advancement in endoscopy technology in the world through 2028
Growing demand for minimally
invasive surgeries and decrease in waiting time along with improved patient
experience are the major drivers for the Global Disposable Endoscopes Market.
According to TechSci Research
report, “Disposable Endoscopes Market –Global Industry Size, Share,
Trends, Competition, Opportunity and Forecast, 2018-2028,” the Global
Disposable Endoscopes Market is anticipated to register a high CAGR during the
forecast period. This can be ascribed to an increase in healthcare spending by
people across the country to manage their physical and mental health.
The advancement in endoscopy
technology has indeed emerged as a significant driver of the global disposable
endoscopes market. Advances in endoscopy technology have led to the development
of innovative single-use endoscopes that provide high-quality images and
greater diagnostic accuracy. One of the recent evolutions in disposable
endoscopy technology is the development of single-use video endoscopes. These
endoscopes contain a camera at the tip of the scope that transmits high-quality
images to a monitor. The camera is typically connected to a light source that
illuminates the area being examined. Another recent development which is
associated with innovation in endoscopy technology is the use of wireless
endoscopes. These devices use wireless technology to transmit images from the
scope to a monitor, eliminating the need for cables or wires. Wireless
endoscopes are often smaller and more flexible than traditional endoscopes,
making them ideal for examining hard-to-reach areas. Moreover, growing demand
in minimally invasive surgeries is also one of the major drivers which is
further expected to drive the Global Disposable Endoscopes Market in the
forecast period. Minimally invasive surgeries, also known as laparoscopic
surgeries, involve making small incisions and using specialized tools to
perform the surgery. Disposable endoscopes are particularly suitable for
minimally invasive surgery as they are sterile, single-use instruments that can
be safely disposed of once the surgery is completed. In addition to their use
in minimally invasive surgeries, disposable endoscopes are also being used more
frequently in diagnostic procedures, such as colonoscopies and upper
gastrointestinal endoscopies. North America and Europe account for 3 million
laparoscopic surgeries performed in the country per year. Moreover, China,
India, and Japan are some of the Asian countries which are actively promoting
the use of disposable endoscopes during the minimally invasive surgeries
performed in their country. Decrease in waiting times and improved patient
experience are also expected to contribute to a lucrative growth to the Global
Disposable Endoscopes Market in the forecast period. Usage of disposable
endoscopes during the surgical procedure provides several advantages for
patients and healthcare providers. Single-use endoscopes can be used
immediately allowing patients to receive treatment faster and with less waiting
time. They are also less likely to be contaminated which therefore reduce the
chances of infection. Moreover, cost effective solutions provided by single use
endoscopes for healthcare providers is also expected to boost the growth of
disposable endoscopes market in the upcoming years. Rise in healthcare spending
of people to manage their health conditions is also a leading reason behind the
growth of global disposable endoscopes market in the forecast period. Growing
affordability ofsingle use endoscopes among various countries of the world is
allowing more healthcare professionals to use such kind of endoscopes in
carrying out certain surgical procedures.
However, increase in
environmental concerns associated with the use of disposable endoscopes along
with limited application and competition of single use endoscopes from reusable
endoscopes are expected to slow down the growth of the market in the coming
years.
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The Global Disposable Endoscopes
Market segmentation is based on Type, End User, Region, and Competitive
Landscape.
Based on Type, the market is
further divided into Laparoscopes, Arthroscopes, Ureteroscopes, Cystoscopes,
Gynecology Endoscopes, Neuroendoscopes, Bronchoscopes, Hysteroscopes,
Laryngoscopes, Otoscopes, Sigmoidoscopes, Duodenoscopes, Nasopharyngoscopes,
Rhinoscopes, and Colonoscopes. Laparoscopes are likely to dominate the market
in the forecast period. This can be ascribed to growing prevalence of minimally
invasive surgical procedures across all the globe.
Some of the major companies
operating in the Global Disposable Endoscopes Market include:
- 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.
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“Global Disposable Endoscopes
Market is expected to register an impressive growth in the forecast period due
to increased focus on infection control and growing healthcare awareness among
people across all the countries in the world. Moreover, rise in accessibility
of single use endoscopes and availability of skilled healthcare professionals
worldwide is further propelling the growth of disposable endoscopes market in
the world," said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based Global management consulting firm.
Disposable Endoscopes Market -
Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast,
2018-2028, Segmented By Type (Laparoscopes,
Arthroscopes, Ureteroscopes, Cystoscopes, Gynecology Endoscopes,
Neuroendoscopes, Bronchoscopes, Hysteroscopes, Laryngoscopes, Otoscopes,
Sigmoidoscopes, Duodenoscopes, Nasopharyngoscopes, Rhinoscopes, Colonoscopes),
By End User (Outpatient Facilities, Hospitals), By Region and Competition”, has
evaluated the future growth potential of Global Disposable Endoscopes Market
and provides statistics & information on market size, structure, and future
market growth. The report intends to provide innovative market intelligence and
help decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Disposable Endoscopes Market.
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