Disposable Endoscopes Market Is Predicted To Rise As Of Growing Cross-Contamination Issue Of Reusabl
Disposable Endoscopes Industry Overview
The global disposable endoscopes market size was valued at USD 1.7 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 17.0% from 2022 to 2030.
The growing cross-contamination issue of reusable endoscopes is one of the major factors expected to drive market growth. In 2020, Mr. Brian Dunkin MD, CMO of Boston Scientific Endoscopy stated that one in 20 patients has a pathogen contamination concern. Moreover, several tedious sterilization steps to eliminate all kinds of microorganisms from the reusable endoscopes are also expected to increase the adoption of disposable endoscopes.
For instance, according to Boston Scientific, cleaning of endoscopes during ERCP procedures requires over 100 series of manual steps to reuse and it’s also vulnerable to error. Furthermore, the increasing preference of medical professionals to use single-use or disposable endoscopic devices is supporting the market growth. For instance, The Centers for Medicare & Medicaid Services (CMS) 2020 has released a new device passcode for single-use endoscopes. Hospitals and Ambulatory Surgical Centers (ASCs) use this code for treating Medicare patients in the U.S using single-use duodenoscopes.
Gather more insights about the market drivers, restrains and growth of the Global Disposable Endoscopes Market
A moderate impact has been observed during the COVID-19 outbreak on the disposable endoscope market growth. The decrease in the number of surgical procedures due to the COVID-19 pandemic also hampered product adoption. In addition, the shortage of medical staff due to the increased infection risks associated with the cleaning of endoscopes also increase the adoption of single-use devices during the COVID-19 pandemic. For instance, according to a study reported in the Journal of Bronchology & Interventional Pulmonology in 2021, in the U.S., about 11% of health workers were infected with COVID-19 and in Italy, the percentage is approximately 20%.
However, the demand for single-use endoscopes is expected to increase with the gradual depart of COVID-19 due to its safety and elimination of the possibilities of infection. Furthermore, single-use devices are more cost-effective than reusable ones, which is expected to drive market growth. For instance, according to the data published by the Association of Anesthetics in November 2019, the mean cost per patient for reusable flexible bronchoscopes is £511.00 with an associated risk of infection of 2.8%. The estimated mean cost of single-use flexible bronchoscopes per patient is £220.00 and a 0% risk of infection.
Similarly, in 2019, a study published in Chest Journal reported that reusable bronchoscopes used by hospitals are paying about 21% to 155% more per instrument as compared to disposable endoscopes. Consequently, the cost-effectiveness, lower chances of cross-contamination, and minimum resource utilization are in turn expected to propel the market growth over the forecast years. Rapid technological advancements coupled with the growing investments by key manufacturers to develop new, innovative products are anticipated to drive the market further. For instance, in May 2020, Ambu A/S, a single-use endoscope manufacturer, launched Ambu aView 2 Advance, a display unit for single-use endoscopes.
Browse through Grand View Research's Medical Devices Industry Research Reports.
Endoscopes Market - The global endoscopes market size was valued at USD 12.6 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 9.4% from 2022 to 2030. The rise in prevalence of chronic disorders and the growing awareness for early detection of diseases through minimally invasive surgical procedures are some of the major factors anticipated to drive the market growth over the forecast years.
Europe Disposable Endoscopes Market - The Europe disposable endoscopes market size was valued at USD 438.7 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 16.9% from 2022 to 2030. Growing preference to minimize the risk of infection and maximize better clinical outcomes has increased the adoption of disposable endoscopes and their accessories in Europe.
Disposable Endoscopes Market Segmentation
Grand View Research, Inc. has segmented the global disposable endoscopes market report based on application, end-use, and region:
Disposable Endoscopes Application Outlook (Revenue, USD Million, 2014 - 2030)
Bronchoscopy
Urologic endoscopy
Arthroscopy
GI endoscopy
ENT endoscopy
Others
Disposable Endoscopes End-use Outlook (Revenue, USD Million, 2014 - 2030)
Hospitals
Clinics
Diagnostics Centers
Disposable Endoscopes Regional Outlook (Revenue, USD Million, 2014 - 2030)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Market Share Insights
December 2019: Introduced single-use Duodenoscope “EXALT Model D” for ERCP (endoscopic retrograde cholangiopancreatography) procedures.
February 2019: Zsquare, an Israeli endoscopy firm, received USD 10 million for the development of a single-use endoscopic platform multiply.
Key Companies profiled:
Some of the prominent players in the global disposable endoscopes market include:
Ambu A/S
Prosurg Inc. (Neoscape, Inc.)
AirStrip Technologies
Boston Scientific Corp.
Parburch Medical
OBP Medical Corp.
Welch Allyn (Hill-Rom Services Inc.)
Allscripts Healthcare Solutions
Flexicare Medical Ltd.
Timesco Healthcare Ltd.
Sunmed
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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