Disposable Endoscopes Market Analysis

Disposable Endoscopes Market Analysis

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Based on application, the disposable endoscopes market is segmented as arthroscopy, GI endoscopy, ENT endoscopy, bronchoscopy, urologic endoscopy and others. The bronchoscopy segment dominated the disposable endoscopes market accounting over 30% market share in 2022. This high market share is owing to several clinical benefits offered by disposable endoscopes during the bronchoscopy procedures. Increasing prevalence of tumours and lung cancer is anticipated to drive the market growth. For instance, according to the WHO data, in 2020, around 2.2 million people are estimated to suffer from lung cancer across the globe. Bronchoscopy helps to identify a wide range of tumours and aid in better diagnosis and treatment.
 

Bronchoscopy involves the insertion of a rigid or flexible endoscope into the airways, which can pose a risk of cross-contamination and infection transmission. Disposable endoscopes eliminate the need for reprocessing and sterilization, ensuring that each patient receives a new, sterile endoscope. Disposable endoscopes have benefited from technological advancements, such as high-definition imaging, improved manoeuvrability, and miniaturized camera systems. These advancements enable better visualization of the bronchial structures, enhance the accuracy of diagnosis, and facilitate targeted interventions during bronchoscopy procedures.
 

Based on patient type, the disposable endoscopes market is segmented as adult and pediatric. The adult held a dominant market share and accounted for around USD 1.2 billion in 2022. Increasing ageing population across several countries worldwide is set to increase the demand for endoscopy procedures during the estimated timeframe. The rise in medical conditions of adult patients frequently require endoscopic intervention for diagnosis and treatment of several disorders. Geriatric patients are more susceptible to chronic diseases due to less immunity and declining health conditions. Moreover, the upsurge in the number of geriatric populations renders a higher risk of chronic ailments such as orthopedic, gastrointestinal, ophthalmic diseases and cancer among others.
 

Disposables endoscopes provide an effective and safe method of endoscopy thereby reducing the potential infections and augmenting the market growth. Increasing demand for disposable endoscopes in adult patients is driven by the focus on infection control, convenience and efficiency, cost savings, ease of use, wide applicability, technological advancements, and the prioritization of patient safety and satisfaction.
 

Based on end-use, the disposable endoscopes market is segmented as hospitals, ambulatory surgical centers, and others. The hospitals segment held a majority market share and is expected to grow at 16.9% CAGR by 2032. This dominant market share can be attributable to increasing usage of advanced endoscopic procedures, that are expected to boost patient preference for hospitals. Hospitals are increasingly adopting disposable endoscopes to enhance patient safety and minimize the spread of infections. Hospital-acquired infections are a significant concern in healthcare settings. Disposable endoscopes offer a higher level of infection control by eliminating the need for reprocessing and sterilization. Hospitals are adopting disposable endoscopes to leverage these technological advancements and provide state-of-the-art endoscopic procedures.
 

Additionally, increasing inpatient care due to medical anomalies related to gastrointestinal ailments, cancer, and other chronic conditions will drive market expansion even further. Furthermore, factors such as increase in the number of disease diagnostic procedures and the availability of highly skilled healthcare professionals coupled with robust healthcare infrastructure and appropriate patient assistance that are propelling the growth of the hospitals segment positively.
 

North America region held a dominant share in the global disposable endoscopes market and was valued at USD 846.1 million in 2022. This high market share may be ascribed to a variety of factors, including the presence of significant industry players, an increase in the number of patients suffering from GI disorders, an expanding elderly population, among others. Increasing prevalence of hospital acquired infection across several healthcare facilities has witnessed a significant rise over the recent years. For instance, according to the CDC data, in 2021, around 1.7 million were estimated to suffer from hospital acquired infection in North America. Disposable endoscopes offer a higher level of infection control by eliminating the need for reprocessing and reducing the risk of cross-contamination. The increasing awareness and importance of infection control have led to a higher demand for disposable endoscopes in North America.
 

Technological advancements in disposable endoscopes including improved imaging capabilities and miniaturized camera systems is driven by the desire for better patient outcomes and more precise diagnostic capabilities. Additionally, The demand for endoscopic procedures, such as gastrointestinal, respiratory, and urological examinations, has been rising in North America. Aging population, increased awareness of preventive healthcare, and advancements in minimally invasive techniques is anticipated to drive the market expansion.