Global Disposable Endoscope Market: Analysis By Application (GI Endoscopy, Bronchoscopy, Urologic Endoscopy, Arthroscopy, ENT Endoscopy and Others), By End User (Hospitals, Diagnostic Centers and Others), By Region Size & Forecast with Impact Analysis of COVID-19 and Forecast up to 2028

Publisher Name :
Date: 30-Nov-2023
No. of pages: 142

Disposable endoscopes are medical devices used by healthcare professionals to examine the interior of a patient's body, typically the gastrointestinal tract, respiratory tract, or urinary tract. These endoscopes are sterile, ready-to-use devices, ensuring patient safety and reducing the risk of cross-contamination and infection transmission. Disposable endoscopes are either put into the body by incisions, particularly in the case of arthroscopy, or through natural openings or cavities (such as the anus and mouth). In 2022, the global disposable endoscope market was valued at US$1.58 billion, and is probable to reach US$4.11 billion by 2028.

The growing incidences of hospital-acquired infections (HAI) due to the usage of infected endoscopes is expected to be the key factor driving the global disposable endoscope market during the forecast period. Furthermore, increased investments, finances, and grants by governments and other organizations to enhance healthcare infrastructure and endoscopic research fields have generated attractive potential prospects for the market. The global disposable endoscope market value is projected to grow at a CAGR of 17.31%, during the forecast period of 2023-2028.

Market Segmentation Analysis:

By Application: According to the report, the global disposable endoscope market is segmented into six applications: GI endoscopy, bronchoscopy, urologic endoscopy, arthroscopy, ENT endoscopy and others. GI endoscopy segment acquired majority of share in the market in 2022, as the incidence of these disorders increases, the need for diagnostic procedures like endoscopy also rises. Whereas, urologic endoscopy segment has the fastest CAGR, due to increasing number of ureteroscopy procedures owing to high disease burden. Furthermore, availability of robust product portfolio of technologically advanced ureteroscopes has created a lucrative growth potential for disposable endoscope market.

By End User: According to the report, the global disposable endoscope market is segmented into three end users: hospitals, diagnostic centers and other end users. Hospitals segment acquired majority of share in the market in 2022 due to factors such as rising awareness, higher cleaning costs, and increasing reprocessing failures are resulting in the adoption of disposable endoscopes in hospitals. Whereas, diagnostic centers segment has the fastest CAGR because of increase in incidence of cancers, and rise in awareness regarding diagnosis of diseases at early stage. Rise in healthcare expenditure also boost the growth of diagnostic centers segment in disposable endoscopes market share.

By Region: The report provides insight into the disposable endoscope market based on the geographical operations, namely North America, Europe, Asia Pacific, and Rest of the World. North America disposable endoscope market enjoyed the highest market share in 2022, due to strong presence of key players and availability of approved disposable endoscopes with higher adoption of disposable endoscopes. Minimally invasive procedures have become increasingly popular due to reduced patient recovery times and lower risks compared to traditional surgeries. Because of the enormous number of market participants and the varied strategic efforts made by them, the US is the largest market in North America, as the majority of players first sought FDA clearance to launch their product in the nation.

Asia Pacific is anticipated to witness lucrative CAGR throughout the forecast period and is robust growth is accounted to the high burden of target diseases, and larger population pool is likely to provide traction to region's expansion. Furthermore, the greater transition from reusable to disposable endoscopes in region and an increase in epidemiological factors hold the high promise for region's growth in the future.

Global Disposable Endoscope Market Dynamics:

Growth Drivers: Chronic diseases, such as gastrointestinal disorders, respiratory diseases, cardiovascular diseases, and certain types of cancer, often require regular monitoring and diagnostic procedures. Endoscopy is a common diagnostic technique used to visualize and examine the interior of organs and body cavities. In chronic disease cases, patients might need frequent endoscopic examinations. Therefore, augmenting the demand for disposable endoscopes globally. Further, the market is expected to increase due to upsurge in healthcare expenditure, aging population, rising preference of single use endoscopes over traditional endoscopes, rise in hospital-acquired infections (HAI), increasing adoption of minimally invasive procedures, etc.

Challenges: The market's expansion is projected to be hampered by shortage of trained doctors. Developing countries often face a shortage of skilled physicians and endoscopists that perform endoscopic procedures. These procedures require expertise and experience to ensure accurate diagnosis and safe execution. The lack of skilled personnel limits the adoption and utilization of disposable endoscopes in these regions. The other challenges that disposable endoscope market faces include high cost, etc.

Trends: One of the most distinct and pervasive trends observed in the global disposable endoscope market is surging investments by governments and other organizations. Governments around the globe are taking initiatives to improve healthcare services and lessen chronic illness burdens. These initiatives have propelled market expansion and raised the demand for disposable endoscopes. Market players are investing in the development of safer and cost-effective medical devices including disposable arthroscopes, disposable bronchoscopes, and disposable gastroscopes. More trends in the market are believed to augment the growth of disposable endoscope market during the forecasted period include, technological advancements, sustainability, etc.

Impact Analysis of COVID-19 and Way Forward:

The pandemic of COVID-19 had a negative impact on the disposable endoscope business. Several hospitals and healthcare facilities globally experienced a significant decline in patient visits for diagnosis and treatment of gastrointestinal disorders, other chronic conditions and minimally invasive procedures. Moreover, healthcare facilities faced financial strain due to increased expenditures on personal protective equipment (PPE), testing kits, and other essential supplies related to COVID-19. This financial pressure often resulted in budget cuts for non-essential medical equipment, including disposable endoscopes. Additionally, the pandemic disrupted global supply chains, affecting the production and distribution of medical devices, including disposable endoscopes.

Competitive Landscape and Recent Developments:

Global disposable endoscope market is moderately fragmented. Key players of global disposable endoscope market are:

Boston Scientific Corporation

Ambu A/S

Baxter International Inc. (Hill-Rom Holdings, Inc.)

Olympus Corporation

Flexicare (Group) Limited

Richard Wolf GmbH

CooperSurgical, Inc. (OBP Medical Corp)

Verathon Inc.

Coloplast

Parburch Medical Developments Ltd

OTU Medical Inc

The key players are constantly investing in strategic initiatives, such as new product launches, introducing their products to emerging markets and more, to maintain a competitive edge in this market. For instance, in September 2023, Ambu announced the launch of its new aScope 4 RhinoLaryngo Video System, a single-use flexible videoscope for the examination of the nose, throat, and larynx.

Global Disposable Endoscope Market: Analysis By Application (GI Endoscopy, Bronchoscopy, Urologic Endoscopy, Arthroscopy, ENT Endoscopy and Others), By End User (Hospitals, Diagnostic Centers and Others), By Region Size & Forecast with Impact Analysis of COVID-19 and Forecast up to 2028

Table of Contents

1. Executive Summary
2. Introduction
2.1 Disposable Endoscope: An Overview
2.1.1 Benefits of Disposable Endoscope
2.2 Disposable Endoscope Segmentation: An Overview
2.2.1 Disposable Endoscope Segmentation
3. Global Market Analysis
3.1 Global Disposable Endoscope Market: An Analysis
3.1.1 Global Disposable Endoscope Market: An Overview
3.1.2 Global Disposable Endoscope Market by Value
3.1.3 Global Disposable Endoscope Market by Application (GI endoscopy, bronchoscopy, urologic endoscopy, arthroscopy, ENT endoscopy and others)
3.1.4 Global Disposable Endoscope Market by End Users (hospitals, diagnostic centers and other end users)
3.1.5 Global Disposable Endoscope Market by Region (North America, Europe, Asia Pacific and Rest of the World)
3.2 Global Disposable Endoscope Market: Application Analysis
3.2.1 Global Disposable Endoscope Market by Application: An Overview
3.2.2 Global GI Endoscopy Disposable Endoscope Market by Value
3.2.3 Global Bronchoscopy Disposable Endoscope Market by Value
3.2.4 Global Urologic Endoscopy Disposable Endoscope Market by Value
3.2.5 Global Arthroscopy Disposable Endoscope Market by Value
3.2.6 Global ENT Endoscopy Disposable Endoscope Market by Value
3.2.7 Global Other Disposable Endoscope Market by Value
3.3 Global Disposable Endoscope Market: End User Analysis
3.3.1 Global Disposable Endoscope Market by End User: An Overview
3.3.2 Global Hospital Disposable Endoscope Market by Value
3.3.3 Global Diagnostic Center Disposable Endoscope Market by Value
3.3.4 Global Other End User Disposable Endoscope Market by Value
4. Regional Market Analysis
4.1 North America Disposable Endoscope Market: An Analysis
4.1.1 North America Disposable Endoscope Market: An Overview
4.1.2 North America Disposable Endoscope Market by Value
4.1.3 North America Disposable Endoscope Market by Region (The US, Canada and Mexico)
4.1.4 The US Disposable Endoscope Market by Value
4.1.5 The US Disposable Endoscope Market by Application (GI endoscopy, bronchoscopy, urologic endoscopy, ENT endoscopy and others)
4.1.6 The US Disposable Endoscope Market Application by Value
4.1.7 Canada Disposable Endoscope Market by Value
4.1.8 Mexico Disposable Endoscope Market by Value
4.2 Europe Disposable Endoscope Market: An Analysis
4.2.1 Europe Disposable Endoscope Market: An Overview
4.2.2 Europe Disposable Endoscope Market by Value
4.2.3 Europe Disposable Endoscope Market by Region (Germany, UK, France, Italy, Spain and Rest of Europe)
4.2.4 Germany Disposable Endoscope Market by Value
4.2.5 Germany Disposable Endoscope Market by Application (GI endoscopy, bronchoscopy, urologic endoscopy, ENT endoscopy and others)
4.2.6 Germany Disposable Endoscope Market Application by Value
4.2.7 UK Disposable Endoscope Market by Value
4.2.8 France Disposable Endoscope Market by Value
4.2.9 Italy Disposable Endoscope Market by Value
4.2.10 Spain Disposable Endoscope Market by Value
4.2.11 Rest of Europe Disposable Endoscope Market by Value
4.3 Asia Pacific Disposable Endoscope Market: An Analysis
4.3.1 Asia Pacific Disposable Endoscope Market: An Overview
4.3.2 Asia Pacific Disposable Endoscope Market by Value
4.3.3 Asia Pacific Disposable Endoscope Market by Region (China, Japan, India, Australia, South Korea and Rest of Asia Pacific)
4.3.4 China Disposable Endoscope Market by Value
4.3.5 Japan Disposable Endoscope Market by Value
4.3.6 Japan Disposable Endoscope Market by Application (GI endoscopy, bronchoscopy, urologic endoscopy, ENT endoscopy and others)
4.3.7 Japan Disposable Endoscope Market Application by Value
4.3.8 India Disposable Endoscope Market by Value
4.3.9 Australia Disposable Endoscope Market by Value
4.3.10 South Korea Disposable Endoscope Market by Value
4.3.11 Rest of Asia Pacific Disposable Endoscope Market by Value
4.4 Rest of the World Disposable Endoscope Market: An Analysis
4.4.1 Rest of the World Disposable Endoscope Market: An Overview
4.4.2 Rest of the World Disposable Endoscope Market by Value
5. Impact of COVID-19
5.1 Impact of COVID-19
5.1.1 Impact of COVID-19 on Disposable Endoscope
5.1.2 Post COVID-19 Impact
6. Market Dynamics
6.1 Growth Drivers
6.1.1 Rising Incidence of Acute Chronic Diseases
6.1.2 Upsurge in Healthcare Expenditure
6.1.3 Aging Population
6.1.4 Rise In Hospital-acquired Infections (HAI)
6.1.5 Increasing Adoption of Minimally Invasive Procedures
6.1.6 Rising Preference of Single Use Endoscopes over Traditional Endoscopes
6.2 Challenges
6.2.1 Shortage of Trained Doctors
6.2.2 High Cost
6.3 Market Trends
6.3.1 Technological Advancements
6.3.2 Surging Investments by Governments and Other Organizations
6.3.3 Sustainability
7. Competitive Landscape
7.1 Global Disposable Endoscope Market Players: A Financial Comparison
8. Company Profiles
8.1 Boston Scientific Corporation
8.1.1 Business Overview
8.1.2 Operating Segments
8.1.3 Business Strategy
8.2 Ambu A/S
8.2.1 Business Overview
8.2.2 Revenue by Activities
8.2.3 Business Strategy
8.3 Baxter International Inc. (Hill-Rom Holdings, Inc.)
8.3.1 Business Overview
8.3.2 Operating Segments
8.3.3 Business Strategy
8.4 Olympus Corporation
8.4.1 Business Overview
8.4.2 Operating Segments
8.4.3 Business Strategy
8.5 Flexicare (Group) Limited
8.5.1 Business Overview
8.5.2 Business Strategy
8.6 Richard Wolf GmbH
8.6.1 Business Overview
8.6.2 Business Strategy
8.7 CooperSurgical, Inc. (OBP Medical Corp)
8.7.1 Business Overview
8.7.2 Business Strategy
8.8 Verathon Inc.
8.8.1 Business Overview
8.8.2 Business Strategy
8.9 Coloplast
8.9.1 Business Overview
8.9.2 Business Strategy
8.10 Parburch Medical Developments Ltd
8.10.1 Business Overview
8.11 OTU Medical Inc.
8.11.1 Business Overview
List of Figures
Figure 1: Benefits of Disposable Endoscope
Figure 2: Disposable Endoscope Segmentation
Figure 3: Global Disposable Endoscope Market by Value; 2018-2022 (US$ Billion)
Figure 4: Global Disposable Endoscope Market by Value; 2023-2028 (US$ Billion)
Figure 5: Global Disposable Endoscope Market by Application; 2022 (Percentage, %)
Figure 6: Global Disposable Endoscope Market by End Users; 2022 (Percentage, %)
Figure 7: Global Disposable Endoscope Market by Region; 2022 (Percentage, %)
Figure 8: Global GI Endoscopy Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 9: Global GI Endoscopy Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 10: Global Bronchoscopy Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 11: Global Bronchoscopy Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 12: Global Urologic Endoscopy Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 13: Global Urologic Endoscopy Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 14: Global Arthroscopy Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 15: Global Arthroscopy Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 16: Global ENT Endoscopy Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 17: Global ENT Endoscopy Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 18: Global Other Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 19: Global Other Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 20: Global Hospital Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 21: Global Hospital Disposable Endoscope Market by Value; 2023-2028 (US$ Billion)
Figure 22: Global Diagnostic Center Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 23: Global Diagnostic Center Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 24: Global Other End User Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 25: Global Other End User Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 26: North America Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 27: North America Disposable Endoscope Market by Value; 2023-2028 (US$ Billion)
Figure 28: North America Disposable Endoscope Market by Region; 2022 (Percentage, %)
Figure 29: The US Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 30: The US Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 31: The US Disposable Endoscope Market by Application; 2022 (Percentage, %)
Figure 32: The US Disposable Endoscope Market Application by Value; 2022-2028 (US$ Million)
Figure 33: Canada Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 34: Canada Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 35: Mexico Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 36: Mexico Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 37: Europe Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 38: Europe Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 39: Europe Disposable Endoscope Market by Region; 2022 (Percentage, %)
Figure 40: Germany Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 41: Germany Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 42: Germany Disposable Endoscope Market by Application; 2022 (Percentage, %)
Figure 43: Germany Disposable Endoscope Market Application by Value; 2022-2028 (US$ Million)
Figure 44: UK Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 45: UK Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 46: France Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 47: France Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 48: Italy Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 49: Italy Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 50: Spain Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 51: Spain Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 52: Rest of Europe Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 53: Rest of Europe Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 54: Asia Pacific Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 55: Asia Pacific Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 56: Asia Pacific Disposable Endoscope Market by Region; 2022 (Percentage, %)
Figure 57: China Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 58: China Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 59: Japan Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 60: Japan Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 61: Japan Disposable Endoscope Market by Application; 2022 (Percentage, %)
Figure 62: Japan Disposable Endoscope Market Application by Value; 2022-2028 (US$ Billion)
Figure 63: India Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 64: India Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 65: Australia Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 66: Australia Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 67: South Korea Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 68: South Korea Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 69: Rest of Asia Pacific Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 70: Rest of Asia Pacific Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 71: Rest of the World Disposable Endoscope Market by Value; 2018-2022 (US$ Million)
Figure 72: Rest of the World Disposable Endoscope Market by Value; 2023-2028 (US$ Million)
Figure 73: The US Estimated Numbers of New Cancer Cases; 2017-2023 (Million)
Figure 74: The US Health Consumption Expenditure as a Percentage of GDP; 2016-2022 (Percentage, %)
Figure 75: Global Percentage of Population Aged 65 Years Or Over; 2022, 2030 & 2050 (Percentage, %)
Figure 76: Boston Scientific Corporation Net Sales by Segment; 2022 (Percentage, %)
Figure 77: Ambu A/S Revenue by Activities; 2022 (Percentage, %)
Figure 78: Baxter International Inc. Revenue by Segment; 2022 (Percentage, %)
Figure 79: Olympus Corporation Revenue by Segment; 2023 (Percentage, %)
Table 1: Global Disposable Endoscope Market Players: A Financial Comparison; 2023
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