Innovations and Strategies: Major Players Shaping the Disposable Endoscopes Market’s Growth Trajectory

Overview and Scope
Disposable endoscopes refer to medical devices designed used on a patient for a single procedure and discarded after use. It is used by physicians to access, visualize and perform procedures in the urinary system and kidney to visualize and examine internal organs, tissues and structures.

Sizing and Forecast
The disposable endoscopes market size has grown rapidly in recent years. It will grow from $1.62 billion in 2023 to $1.91 billion in 2024 at a compound annual growth rate (CAGR) of 18.1%.  The  growth in the historic period can be attributed to infection control, regulatory approvals, cost-efficiency, minimally invasive procedures.

The disposable endoscopes market size is expected to see rapid growth in the next few years. It will grow to $3.53 billion in 2028 at a compound annual growth rate (CAGR) of 16.6%.  The growth in the forecast period can be attributed to global healthcare access, outpatient procedures, telemedicine and remote consultations, public health initiatives. Major trends in the forecast period include specialized disposable endoscopes, enhanced imaging and visualization, sustainability and eco-friendly materials, ai-assisted endoscopy.

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Segmentation & Regional Insights
The disposable endoscopes market covered in this report is segmented –

1) By Product: Gastroscopes; Bronchoscopes; Duodenoscopes; Laryngoscopes; Colonoscopes; Ureteroscope​s; Other Endoscopes
2) By Patient Type: Adult; Pediatric
3) By End User: Hospitals; Ambulatory Surgical Centers; Diagnostic Centers

North America was the largest region in the disposable endoscope market in 2023. The regions covered in disposable endoscopes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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Major Driver Impacting Market Growth
The increasing prevalence of cancer is expected to propel the growth of the disposable endoscopes market. Cancer is a complex group of diseases characterized by the uncontrolled growth and division of abnormal cells. Disposable endoscopes can provide high-quality imaging capabilities, allowing for more precise observations during endoscopic examinations. This medical equipment aids in detecting cancerous lesions or abnormalities within the gastrointestinal tract. For instance, according to the Cancer Facts and Figures 2023 report published by the American Cancer Society, a US-based professional organization, the number of new anal cancer cases reported in the United States is 9,760, compared to 9,440 cases in 2022. Additionally, the number of deaths attributed to anal cancer rose to 1,870, a rise from the 1,670 deaths recorded in 2022. Therefore, the increasing prevalence of cancer is driving the growth of the disposable endoscopes market.

Key Industry Players
Major players in the disposable endoscopes market are  Medtronic PLC, Fujifilm Holdings Corporation, Baxter International Inc., Boston Scientific Corporation, Olympus Corporation, Steris Corporation, Karl Storz SE & Co. KG, PENTAX Medical, Ambu A/S, Cooper Surgical Inc., Verathon Inc., Henke-Sass Wolf GmbH, Apollo Endosurgery Inc., Hill-Rom Holdings Inc., Reach Surgical Co. Ltd., EndoChoice Inc., Flexicare Medical Limited, CapsoVision Inc., Optim LLC, OBP Medical Corporation, Taewoong Medical Co. Ltd., Hoya Corporation, XION Medical GmbH, Avantis Medical Systems Inc., EndoMed Systems GmbH, Neoscope Inc., Otu Medical Inc., Richard Wolf GmbH, Vision-Sciences Inc.

The disposable endoscopes market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis

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