17-Sep-2019:
The global
disposable endoscopes market size is expected to reach USD 2.75 billion by 2025
and is expected to expand at a CAGR of 26.9% over the forecast period,
according to a new report by Grand View Research, Inc.
Increasing incidence of nosocomial infections due to contaminated endoscopes is a major factor driving demand for disposable endoscopes. Recent developments in disposable endoscopes, particularly bronchoscopes and colonoscopies, are also expected to positively impact market growth over the next few years.
How Disposable Endoscopes market will grow in the near future?
Increasing incidence of nosocomial infections due to contaminated endoscopes is a major factor driving demand for disposable endoscopes. Recent developments in disposable endoscopes, particularly bronchoscopes and colonoscopies, are also expected to positively impact market growth over the next few years.
Growing need for
cost reduction in endoscopy procedures propels demand for disposable endoscopes
as these are more cost effective than reusable ones. High cost of reprocessing
procedures used for reusable endoscopes is further expected to drive the market.
Failure of current reprocessing procedures and non-compliance of reprocessing
guidelines is further expected to boost adoption and acceptance levels of
disposable endoscopes.
Recent
technological advancements have spurred demand for disposable endoscopes in
hospitals, diagnostic centers, and clinics for a number of applications. They
are used in several specialties, including ENT, laparoscopy, gynecology,
arthroscopy, gastroenterology, urology, and proctoscopy.
In depth research report on Disposable
Endoscopes Market
Further key findings from the report suggest:
·
By application, bronchoscopy emerged as the largest segment
in terms of revenue in 2017 owing to increased device availability and
technological advancements
·
On the basis of end use, hospitals accounted for the largest
revenue share in 2017 owing to rising incidence of hospital acquired infections
related to contaminated endoscopes
·
In terms of geography, North America accounted for the
largest revenue share in 2017 and Asia Pacific is expected to grow at a
lucrative rate over the forecast period
·
Ambu A/S, Boston Scientific Corporation, and OBP Medical
Corporation are some of the major players operating in the market.
Grand View Research
has segmented the global disposable endoscopes market on the basis of
application, end use, and region:
Disposable Endoscopes Application Outlook (Revenue, USD Thousand, 2014 - 2025)
·
Bronchoscopy
·
Urologic endoscopy
·
Arthroscopy
·
GI endoscopy
·
Proctoscopy
·
Others
Disposable Endoscopes End-use Outlook (Revenue, USD Thousand,
2014 - 2025)
·
Hospitals
·
Diagnostic Centers
·
Clinics
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About
Grand View Research
Grand View Research, Inc. is the
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, the company offers market
intelligence studies ensuring relevant and fact-based research across a range
of industries including technology, chemicals, materials, healthcare and
energy.
For
more market analysis reports, please visit: http://www.grandviewresearch.com/
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