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How big is the sigmoidoscope market today, and what are its future growth expectations?
The sigmoidoscope market size has grown strongly in recent years. It will grow from $2.53 billion in 2024 to $2.69 billion in 2025 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to increasing demand for portable diagnostic tools, growing emphasis on infection control, expansion of healthcare infrastructure, technological advancements, rising awareness about early diagnosis, regulatory guidelines, and consolidation among healthcare providers.
The sigmoidoscope market size is expected to see strong growth in the next few years. It will grow to $3.4 billion in 2029 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to the integration of advanced light emitting diode (LED) lighting technologies, adoption of sustainable materials, expansion of online retail channels, customization for specialized applications, innovations in battery technology, investments in ergonomic designs, preference for rechargeable and wireless options. Major trends in the forecast period include emphasis on miniaturization and lightweight designs, convergence with digital health platforms, development of smart penlights with sensors, application of artificial intelligence (AI) and machine learning, surge in telehealth services, shift towards disposable penlights, utilization of 3D printing for customization.
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What have been the primary factors driving the sigmoidoscope market’s growth?
An increase in the prevalence of colorectal cancer is expected to propel the growth of the sigmoidoscope market going forward. Colorectal cancer is a type of cancer that develops in the colon (the longest part of the large intestine) and the rectum (the last several inches of the large intestine before the anus). The prevalence of colorectal cancer is increasing due to factors such as an aging population, sedentary lifestyles, and poor diet choices, including high consumption of processed foods and low fiber intake. A sigmoidoscope helps with colorectal cancer by allowing doctors to visually examine the rectum and lower colon for abnormal growths, such as polyps or tumors. It is used for early detection, diagnosis, and removal of potentially cancerous polyps, improving treatment outcomes and survival rates. For instance, according to the American Cancer Society Facts and Figures, a US-based professional organization, the estimated number of new colorectal cancer cases increased from 151,030 in 2022 to 153,020 in 2023. Therefore, an increase in the prevalence of colorectal cancer is driving the growth of the sigmoidoscope market.
What are the key segments within the sigmoidoscope market?
The sigmoidoscope market covered in this report is segmented –
1) By Type: Flexible Sigmoidoscope, Rigid Sigmoidoscope
2) By Application: Diagnosis, Monitoring, Other Applications
3) By End User: Clinics, Hospitals, Diagnostic Centers, Gastroenterology Institutes, Ambulatory Surgical Centers, Other End Users
Subsegments:
1) By Flexible Sigmoidoscope: Single-Use Flexible Sigmoidoscope, Reusable Flexible Sigmoidoscope, High-Definition Flexible Sigmoidoscope, Disposable Flexible Sigmoidoscope
2) By Rigid Sigmoidoscope: Stainless Steel Rigid Sigmoidoscope, Plastic Rigid Sigmoidoscope, Single-Use Rigid Sigmoidoscope, Reusable Rigid Sigmoidoscope
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Which key players are shaping the sigmoidoscope market?
Major companies operating in the sigmoidoscope market are McKesson Corporation, Henry Schein Medical, Olympus Corporation, Hill-Rom Inc, Karl Storz, PENTAX Medical Company, Heine Optotechnik GmbH & Co. KG, Williams Medical, Rocket Medical, Medline Industries Inc., Bioseal Inc., Horten Medical Pty Ltd, Stapleline Medizintechnik GmbH, Care Surgicals, Evexar Medical Ltd, Kashmir Surgical India Private Limited, Narayan Surgical, Pal Surgical And Medical, Parburch Medical, Sun Traders Ltd
How will emerging trends drive the sigmoidoscope market throughout the forecast period?
Major companies operating in the sigmoidoscope market are focusing on developing advanced technological solutions, such as endoscopy systems, to enhance image color and texture and increase the visibility of lesions and polyps during endoscopic screening. Endoscopy systems are tools for inspecting internal body cavities and organs. They feature a flexible tube equipped with a light and camera, enabling visualization on a monitor. For instance, in October 2023, Olympus Corporation launched its next-generation EVIS X1 endoscopy system. This advanced system aims to enhance gastrointestinal (GI) visualization for practitioners, helping them diagnose and treat various GI disorders more effectively. The EVIS X1 system incorporates several innovative imaging technologies designed to improve the detection of lesions and polyps.
How do regional factors impact the sigmoidoscope market, and which region is the largest contributor?
North America was the largest region in the sigmoidoscope market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sigmoidoscope market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Sigmoidoscope Market Report 2025 Offer?
The sigmoidoscope market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
A sigmoidoscope is a medical instrument used for examining the interior of the sigmoid colon and rectum. It is a type of endoscope designed to be inserted into the lower part of the large intestine through the anus. The device consists of a flexible or rigid tube with a light source and a camera or lens system, allowing healthcare providers to visually inspect these areas for abnormalities such as polyps, tumors, inflammation, and other conditions.
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