September 23, 2021
Disposable Endoscopes

Disposable Endoscopes Market to Soar at 20.3% CAGR till 2027

Precedence Research has published a new report titledDisposable Endoscopes Market (By Application: Arthroscopy, Bronchoscopy, GI Endoscopy, Proctoscopy, Urologic Endoscopy, Others; By End-user: Diagnostic centers, Hospitals, Clinics) – Global Market Size, Trends Analysis, Segment Forecasts, Regional Outlook 2020 – 2027, the report contains 250+ pages with detailed analysis.

The global disposable endoscopes market size is expected to grow US$ 4.40 Billion by the end of the year 2027, decelerating at a CAGR of over 20.3% during the forecast period 2020 to 2027. The global disposable endoscopes market research report gives a brief summary of definitions, size analysis and place of production, sales, applications, types, and major players/key vendors of the disposable endoscopes industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies. The report provides the overall revenue of the global disposable endoscopes Market from 2016 to 2027, considering 2020 as the base year and 2027 as the forecast year.

Disposable endoscopes signify single-use, flexible endoscopy solutions with amended safety and productivity. It also offers resolution to compound re-processing procedures that are related with conventional endoscopes. Disposable endoscope removes the necessity for sterilization or cleaning procedures related to the reuse of conventional endoscopes. Augmented occurrences of endoscope-associated infections among different patients have encouraged healthcare professionals across the globe to adopt disposable endoscopes instead of standard reusable.

Growth Factors

The growing demand for economic endoscopy procedures drives the requirement of disposable endoscopes as these are more cost-effective than reusable ones. Reprocessing procedures for reusable endoscopes are very expensive, which is further projected to propel the market growth. In addition, the rise in acceptance of disposable in the healthcare industry is a substantial reason for the growth of the disposable endoscopes market. Similarly, supporting government rules and norms for the healthcare industry for the adoption of disposable endoscopy is positively affecting the development of the market and is projected to drive growth over the forecast timeframe. Furthermore, the necessity of disposable endoscopes in diagnostic centers, clinics, and hospitals is increased due to the modern technological progressions in it. The letdown of current reprocessing processes and non-compliance with reprocessing guidelines is also expected to drive the acceptance and adoption of disposable endoscopes. On the other hand, a shortage of trained physicians & endoscopists and infections caused by few endoscopes hamper the growth of the disposable endoscope market.

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Report Highlights

  • Bronchoscopy application segment is projected to hold the largest disposable endoscopes market share during the forecast period owing to technological advancements and rising bronchoscopes-related infections.
  • Hospitals segment is expected to dominate the end-user segment due to higher adoption of disposable scopes to limit the incidence of HAIs
  • The Asia Pacific region is anticipated to experience a lucrative CAGR over the forecast period. The growing number of hospitals, the rapid development of healthcare infrastructure, and higher appetite for innovative device acquisition are a few factors responsible for the regional growth

Regional Snapshots

Considering the rise in awareness among people about healthcare-associated acquired infections due to use of contaminated endoscopes, the North America region is expected to dominate the global disposable endoscopes market over the forecast period. Furthermore, an increase in the incidence of hospital-acquired infections that drives the adoption of single-use endoscopes propels the market growth in the region. Moreover, due to technological advancements in the endoscopy segment and upsurge in demand for low-cost endoscopy processes, the Europe region is anticipated to hold a significant share in the global disposable endoscopes market followed by North America. The Asia Pacific region is anticipated to be the fastest-growing market for disposable endoscopes due to an upsurge in encouraging government guidelines for disposable endoscopes and upturn in health care expenditure. Additionally, the mounting number of cases of contamination instigated by infected reusable endoscopes supports the growth of the global disposable endoscopes market.

Key Players & Strategies

The disposable endoscopes market is moderately concentrated coupled with the presence of several multinational and regional players. Plentiful prominent players such as Boston Scientific, Covidien, Fujifilm Holdings Corporation, EndoChoice, Olympus, and Ambu A/S are uninterruptedly converging on refining research and development and expedite supplementary organic tactics to achieve competitive advantage in the global marketplace. In terms of market share, some of the major players are currently dominating the disposable endoscopes market. Furthermore, mergers & acquisitions, significant investments in R&D, and the development of innovative products or product modifications are among the significant strategies adopted by market players to gain a competitive edge.

For example, Olympus has confirmed a distribution agreement for disposable endoscopes with Ruhof in January 2018. This approach would surge the firm’s revenue in the near future. Moreover, the key market participant Ambu A/S is considerably increasing its product offerings. Hence Ambu A/S is poised to become one of the largest market participants during forthcoming years.

Market Segmentation

By Application

  • GI Endoscopy
  • Bronchoscopy
  • Proctoscopy
  • Urologic Endoscopy
  • Arthroscopy
  • Others

By End-user

  • Diagnostic centers
  • Hospitals
  • Clinics

By Regional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Disposable Endoscopes Market, By Application

7.1. Disposable Endoscopes Market, by Application Type, 2020-2027
7.1.1. GI Endoscopy
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Bronchoscopy
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Proctoscopy
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. Urologic Endoscopy
7.1.4.1. Market Revenue and Forecast (2016-2027)
7.1.5. Arthroscopy
7.1.5.1. Market Revenue and Forecast (2016-2027)
7.1.6. Others
7.1.6.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Disposable Endoscopes Market, By End-user

8.1. Disposable Endoscopes Market, by End-user, 2020-2027
8.1.1. Diagnostic centers
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Hospitals
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Clinics
8.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Disposable Endoscopes Market, Regional Estimates and Trend Forecast

9.1. North America
9.1.1. Market Revenue and Forecast, by Application (2016-2027)
9.1.2. Market Revenue and Forecast, by End-user (2016-2027)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Application (2016-2027)
9.1.3.2. Market Revenue and Forecast, by End-user (2016-2027)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Application (2016-2027)
9.1.4.2. Market Revenue and Forecast, by End-user (2016-2027)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Application (2016-2027)
9.2.2. Market Revenue and Forecast, by End-user (2016-2027)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Application (2016-2027)
9.2.3.2. Market Revenue and Forecast, by End-user (2016-2027)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Application (2016-2027)
9.2.4.2. Market Revenue and Forecast, by End-user (2016-2027)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Application (2016-2027)
9.2.5.2. Market Revenue and Forecast, by End-user (2016-2027)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Application (2016-2027)
9.2.6.2. Market Revenue and Forecast, by End-user (2016-2027)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Application (2016-2027)
9.3.2. Market Revenue and Forecast, by End-user (2016-2027)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Application (2016-2027)
9.3.3.2. Market Revenue and Forecast, by End-user (2016-2027)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Application (2016-2027)
9.3.4.2. Market Revenue and Forecast, by End-user (2016-2027)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Application (2016-2027)
9.3.5.2. Market Revenue and Forecast, by End-user (2016-2027)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Application (2016-2027)
9.3.6.2. Market Revenue and Forecast, by End-user (2016-2027)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Application (2016-2027)
9.4.2. Market Revenue and Forecast, by End-user (2016-2027)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Application (2016-2027)
9.4.3.2. Market Revenue and Forecast, by End-user (2016-2027)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Application (2016-2027)
9.4.4.2. Market Revenue and Forecast, by End-user (2016-2027)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Application (2016-2027)
9.4.5.2. Market Revenue and Forecast, by End-user (2016-2027)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Application (2016-2027)
9.4.6.2. Market Revenue and Forecast, by End-user (2016-2027)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Application (2016-2027)
9.5.2. Market Revenue and Forecast, by End-user (2016-2027)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Application (2016-2027)
9.5.3.2. Market Revenue and Forecast, by End-user (2016-2027)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Application (2016-2027)
9.5.4.2. Market Revenue and Forecast, by End-user (2016-2027)

Chapter 10. Company Profiles

10.1. Olympus
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Ambu A/S
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Boston Scientific
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Covidien
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. EndoChoice
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Fujifilm Holdings Corporation
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Richard Wolf Gmbh
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Karl Storz
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Pentax Medical Company
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Wohler
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
10.11. Medela
10.11.1. Company Overview
10.11.2. Product Offerings
10.11.3. Financial Performance
10.11.4. Recent Initiatives
10.12. PFE medical
10.12.1. Company Overview
10.12.2. Product Offerings
10.12.3. Financial Performance
10.12.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions

Chapter 12. Appendix

12.1. About Us
12.2. Glossary of Terms

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Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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