The rapid growth in minimally invasive surgeries is supporting the huge revenue growth prospects for disposable endoscope manufacturers, distributors, and traders. The report forecasts the global disposable endoscope market size over the forecast period from 2018 to 2030. Further, the growth potential for different disposable endoscope types including the bronchoscopy market, Urologic Endoscopy market, Arthroscopy market, GI Endoscopy market, ENT Endoscopy market, and other types is included in the research. Further, the disposable endoscope industry analysis provides insights into the key applications including Hospitals and Clinics, Diagnostic Centers, and others.
Disposable Endoscope Market Study Highlights, 2023
Disposable Endoscope Market Outlook to 2030
Disposable Endoscope Market Overview
The cost-effective nature of disposable endoscopes is encouraging market growth across developed and developing countries. Accordingly, most small and medium-scale companies are focusing on launching low-cost disposable endoscopes. Further, concerns about infection transmission with reusable endoscopes restrict the use of reusable endoscopes. For instance, the US FDA identified over 450 medical device incidents of risk of infections associated with reprocessed urological endoscopes between 2017 and 2021.
Further, the single-use, disposable endoscopes offer the advantages of being sterile, having no availability issues, ready for immediate use, having ease of handling, having transparent contracts, being convenient to use on highly immunocompromised patients, and others. Low-cost benefits enable their usage in small to medium-scale clinics, hospitals, and other centers. As no cleaning of products is necessary, the technical knowledge of maintenance is not required. Increased flexibility and simplicity for the hospital are achieved through disposable endoscopes, which encourages their adoption across the hospital and other application settings.
Problems associated with conventional endoscopes such as the need for performing periodic maintenance, the possibility of cross-contamination, high acquisition costs, and others. Further, the need for efficient training, high reprocessing costs such as disinfection, surveillance, repair, and maintenance, and other challenges associated with reusable endoscopes are encouraging a shift towards disposable endoscopes.
On the other hand, challenges associated with disposable endoscopes such as long-term economic, environmental, and social consequences as disposable endoscopes create more biohazardous medical waste. However, with convenience and portability emerging as critical factors in care, the demand continues to grow.
Most of these devices are being fast-tracked by health regulatory agencies driven by their potential advantages. Component and equipment suppliers are emphasizing the development of cost-effective solutions for single-use endoscopy. With growing market potential, we anticipate the trend of collaborations between reusable endoscope manufacturers and connector assembly partners to develop single-use products. Simplicity, efficiency, quality, and ease of integration with endoscope remain the main focus of component suppliers.
Disposable Endoscope Market Share Analysis- Bronchoscopy offers robust growth potential for new devices
The global Disposable Endoscope market size is estimated at US$ 1.64 Billion in 2022. Further, the demand for use of endoscopes across Hospitals, Clinics, and Diagnostic Centres supports the market outlook. Between 2022 and 2030, the market size is poised to register a 21.26% CAGR (Compounded Annual Growth Rate) to reach a US$ 7.7 Billion market size in 2030.
Among different types of Disposable Endoscopes, the demand for Bronchoscopes remains the highest worldwide, accounting for 32.6% market share in 2022.
Disposable Endoscope Industry Analysis by Region- North America offers lucrative opportunities
The North American region generated the highest revenue among all regions from Disposable Endoscopes in 2022. The regional market is well established and the introduction of new products from leading companies supports the market potential. On the other hand, over the forecast period, we estimate Asia Pacific to register the fastest growth worldwide, at a CAGR of 24.6%.
On the competitive landscape, the industry is fairly concentrated, with companies focusing on aggressive marketing to gain market shares in the industry.
Disposable Endoscope Market Opportunities- Growing Regulatory Approvals of endoscopic devices
An increasing volume of disposable endoscopes and components are being marketed worldwide, driven by increased product launches and health regulatory approvals.
Some of the recent approvals include EndoFresh’s digestive endoscopy system- 510 (k) approval, UroViu’s flexible single-use cystoscope for interventional and diagnostic urologic procedures, 3NT Medical’s single-use Peregrine sinus endoscope, FDA 510(k) clearance for Palliare’s END-200 tubeset, NaviCam™ Stomach Capsule System received FDA approval for visualization of the stomach of adults, aScope disposable duodenoscope, PENTAX Medical ONE Pulmo of Japan was approved, Endoscope Model EI-740D/S (FUJIFILM Corporation), and others are observed. Further, the industry is witnessing a significant volume of deals and investments in the development of new devices.
Olympus, Karl Storz, Medtronic, and other leading companies are focusing on acquisitions, partnerships, marketing agreements, and others. However, the development of new devices involves significant R&D expenditures amid stringent regulatory conditions.
Disposable Endoscope Market Trend- Demand for minimally invasive surgical procedures
Minimally invasive surgery is increasingly preferred over open surgery procedures due to less pain, smaller/no incision, reduced infection risks, shorter hospital stay, reduced blood loss, and relatively quick recovery. Rise in the frequency of minimally invasive techniques driven by patient acceptance across wide conditions including cardiac, Gynecologic, spine, vascular, lung, urological, GERD, bariatric surgery, malignant tumors, and others.
Further, the lack of trained professionals to conduct open surgeries and high costs are encouraging patients and clinical settings to increasingly shift towards percutaneous, endovascular, and minimally invasive interventions.
The COVID-19 pandemic led to a rapid shift towards minimally invasive methods, and supported the use of disposable endoscopes. The trend is expected to continue in the forecast period, driven by patient preference, wide availability of models, and technological advancements in single-use endoscopes. The advent of robotic surgeries will further support the use of disposable endoscopes across conditions.
Disposable Endoscope Market Driver- High Risk of Hospital-Acquired Infections
Healthcare-associated infections (HCAIs) remain the most frequent adverse event in healthcare delivery with around 6% to 10% of patients exposed to HCAIs. The European Centre for Disease Prevention and Control estimates around one in every 15 hospital patients has HACI. Every year, over 8.9 million HAIs are estimated, of which around 4.5 Million occur in hospitals and 4.4 million occur in long-term care facilities.
Hospital-acquired infections are also associated with the contamination of reusable endoscopes due to failure of the cleaning procedure. The microbiological quality of endoscope reprocessing procedures plays a major role in the spread of infections among patients. Accordingly, most hospitals and clinics are quickly shifting towards disposable endoscopes.
Reusable flexible endoscopes have been under increasing scrutiny from the FDA due to reported device-related infections. Accordingly, most manufacturers are emphasizing endoscopes that are partially or completely single-use. According to Ambu, more than 1 million Ambu single-use endoscopes were used around the world.
Disposable Endoscopy Market Segmentation
Types
Applications
Regions
Companies Profiled in the Research study-
1. Executive Summary
1.1 Introduction to Disposable Endoscope Markets
1.2 Disposable Endoscope Market Size Outlook, 2021- 2030
1.3 Growth Opportunities in Disposable Endoscope Industry
1.4 Winning Strategies for the post-pandemic future
2. Report Guide
2.1 Market Definition and Scope
2.2 Market Segmentation
2.3 Research Methodology
2.4 Forecast Methodology
2.5 List of Abbreviations
3. Growth Opportunity Analysis
3.1 Key Disposable Endoscope Market Trends
3.1.1 High Risk of Hospital-Acquired Infections
3.1.2 Growing Regulatory Approvals of endoscopic devices
3.2 Key Disposable Endoscope Market Growth Drivers
3.2.1 Demand for minimally invasive surgical procedures
3.2.2 Increasing geriatric population
3.2.3 Focus on emerging countries remains a major marketing strategy for expansion
3.3 Key Disposable Endoscope Market Growth Restraints
3.3.1 Limited skilled professionals observed in developing countries
3.3.2 The dominance of Reusable Endoscopes
4 Disposable Endoscope Market Outlook – Scenario Analysis
4.1 Low Growth Case Scenario Forecasts: Disposable Endoscope Market Size Outlook to 2030
4.2 Reference Growth Case Scenario Forecasts: Disposable Endoscope Market Size Outlook to 2030
4.3 High Growth Case Scenario Forecasts: Disposable Endoscope Market Size Outlook to 2030
5. Disposable Endoscope Market Segmentation- Outlook by Type
5.1 Disposable Endoscope Market Share Analysis by Type, 2023
5.2 Bronchoscopy Market Outlook to 2030
5.3 Urologic Endoscopy Market Outlook to 2030
5.4 Arthroscopy Market Outlook to 2030
5.5 GI Endoscopy Market Outlook to 2030
5.6 ENT Endoscopy Market Outlook to 2030
5.7 Other Disposable Endoscope Market Outlook to 2030
6. Disposable Endoscope Market Segmentation- Outlook by Application
6.1 Disposable Endoscope Market Share Analysis by Application, 2023
6.2 Hospitals and Clinics: Disposable Endoscope Market Outlook to 2030
6.3 Diagnostic Centers: Disposable Endoscope Market Outlook to 2030
7. North America Disposable Endoscope Market Outlook and Opportunities to 2030
7.1 Market Snapshot, 2023
7.2 North America Disposable Endoscope Market Growth Opportunities
7.2.1 North America Disposable Endoscope Market Outlook by Type, 2021 to 2030
7.2.2 North America Disposable Endoscope Market Outlook by Application, 2021 to 2030
7.2.3 North America Disposable Endoscope Market Outlook by Country, 2021 to 2030
7.3 United States Disposable Endoscope Market Outlook, 2021 to 2030
7.4 Canada Disposable Endoscope Market Outlook, 2021 to 2030
7.5 Mexico Disposable Endoscope Market Outlook, 2021 to 2030
8. Europe Disposable Endoscope Market Outlook and Opportunities to 2030
8.1 Market Snapshot, 2023
8.2 Europe Disposable Endoscope Market Growth Opportunities
8.2.1 Europe Disposable Endoscope Market Outlook by Type, 2021 to 2030
8.2.2 Europe Disposable Endoscope Market Outlook by Application, 2021 to 2030
8.2.3 Europe Disposable Endoscope Market Outlook by Country, 2021 to 2030
8.3 Germany Disposable Endoscope Market Outlook, 2021 to 2030
8.4 France Disposable Endoscope Market Outlook, 2021 to 2030
8.5 United Kingdom Disposable Endoscope Market Outlook, 2021 to 2030
8.6 Spain Disposable Endoscope Market Outlook, 2021 to 2030
8.7 Italy Disposable Endoscope Market Outlook, 2021 to 2030
8.8 Other Europe Disposable Endoscope Market Outlook, 2021 to 2030
9. Asia Pacific Disposable Endoscope Market Outlook and Opportunities to 2030
9.1 Market Snapshot, 2023
9.2 Asia Pacific Disposable Endoscope Market Growth Opportunities
9.2.1 Asia Pacific Disposable Endoscope Market Outlook by Type, 2021 to 2030
9.2.2 Asia Pacific Disposable Endoscope Market Outlook by Application, 2021 to 2030
9.2.3 Asia Pacific Disposable Endoscope Market Outlook by Country, 2021 to 2030
9.3 China Disposable Endoscope Market Outlook, 2021 to 2030
9.4 Japan Disposable Endoscope Market Outlook, 2021 to 2030
9.5 India Disposable Endoscope Market Outlook, 2021 to 2030
9.6 South Korea Disposable Endoscope Market Outlook, 2021 to 2030
9.7 Indonesia Disposable Endoscope Market Outlook, 2021 to 2030
9.8 Other Asia Pacific Disposable Endoscope Market Outlook, 2021 to 2030
10. South and Central America Disposable Endoscope Market Outlook and Opportunities to 2030
10.1 Market Snapshot, 2023
10.2 South and Central America Disposable Endoscope Market Growth Opportunities
10.2.1 South and Central America Disposable Endoscope Market Outlook by Type, 2021 to 2030
10.2.2 South and Central America Disposable Endoscope Market Outlook by Application, 2021 to 2030
10.2.3 South and Central America Disposable Endoscope Market Outlook by Country, 2021 to 2030
10.3 Brazil Disposable Endoscope Market Outlook, 2021 to 2030
10.4 Argentina Disposable Endoscope Market Outlook, 2021 to 2030
10.5 Other Latin America Disposable Endoscope Market Outlook, 2021 to 2030
11. Middle East and Africa Disposable Endoscope Market Outlook and Opportunities to 2030
11.1 Market Snapshot, 2023
11.2 Middle East and Africa Disposable Endoscope Market Growth Opportunities
11.2.1 Middle East and Africa Disposable Endoscope Market Outlook by Type, 2021 to 2030
11.2.2 Middle East and Africa Disposable Endoscope Market Outlook by Application, 2021 to 2030
11.2.3 Middle East and Africa Disposable Endoscope Market Outlook by Country, 2021 to 2030
11.3 Saudi Arabia Disposable Endoscope Market Outlook, 2021 to 2030
11.4 United Arab Emirates (the UAE) Disposable Endoscope Market Outlook, 2021 to 2030
11.5 Other Middle East Disposable Endoscope Market Outlook, 2021 to 2030
11.6 Egypt Disposable Endoscope Market Outlook, 2021 to 2030
11.7 South Africa Disposable Endoscope Market Outlook, 2021 to 2030
11.8 Other Africa Disposable Endoscope Market Outlook, 2021 to 2030
12. Profiles of major world Disposable Endoscope Companies
12.1 Ambu A/S
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.2 Boston Scientific Corp
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.3 Hill-Rom Holdings
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.4 Prosurg Inc
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.5 Karl Storoz
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.6 Pentax Medical
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.7 Parburch Medical
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.8 Sunmed
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.9 OBP Medical Corp.
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
- Financial Profile
12.10 Flexicare Medical Ltd.
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
- Financial Profile
13. Appendix
13.1 Publisher’s Expertise
13.2 List of Tables and Charts
13.3 List of Exhibits
13.4 Legal Disclaimer
The rapid pace of industry growth is resulting in the emergence of new market trends including the demand for minimally invasive surgical procedures, high risk of hospital-acquired infections, quick regulatory approvals of endoscopic devices, increasing geriatric population, and focus on emerging countries remains a major marketing strategy for expansion.
The global Disposable Endoscope market is valued at $1642.1 million in 2022.
Increasing minimally invasive surgical procedures fuel the demand for Disposable Endoscope market outlook. The market is poised to register 21.26% growth over the forecast period.
The market is fairly consolidated with intense competition among players. The report analyzes Ambu A/S, Boston Scientific Corp, Hill-Rom Holdings, Prosurg Inc, Karl Storoz, Pentax Medical, Parburch Medical, Sunmed, OBP Medical Corp., and Flexicare Medical Ltd.
Urologic Endoscopy is the fastest-growing Disposable Endoscope, poised to register around 23.3% compounded annual growth rate between 2022 and 2030.