Global Disposable Endoscopes Market By Type (Laparoscope, Arthroscope, Cystoscope, Gynecological Endoscope, and Others) and By Application (Hospital & Clinic, ASCs, and Others) Industry Trends, Estimation & Forecast, 2019 – 2025

Market Overview

The global Disposable Endoscopes market is valued in the range of 500 to 600 million US$ in 2018 is expected to reach 2,834.3 million US$ by the end of 2025, growing at a CAGR of 23.5% during 2019-2025. The endoscopy procedure uses an endoscope to examine the interior of a hollow organ or cavity of the body. The endoscopes are inserted directly into the organ. Endoscopes can be re-useable and Disposable. Disposable endoscopes are also known as single-use endoscopes. Single-use endoscopes do not require the need of cleaning machines, it minimizes the risk of infection, and are available at low cost than re-useable endoscope. Single-use endoscopes have a positive impact on patient safety, time, and financial efficiencies.

Market Driver

Increasing prevalence of cancer is boosting the global disposable endoscopy market, as endoscopy procedures, such as laryngoscopy, and colonoscopy, are used in the diagnosis of cancer. According to Cancer Research U.K., more than 360,000 new cancer cases in the UK every year. The incidence rates for all cancers combined are projected to rise by 2% in the UK between 2014 and 2035, to 742 cases per 100,000 people by 2035. In U.K, there were around 183,000 new cancer cases in male and about 177,000 cancer cases in female, by 2015. The increasing incidence of nosocomial infections due to the use of infected endoscopes and by re-usable endoscope segment drive the global disposable endoscopes market. Rising demand for cost-effective endoscopy procedures has increased the number of approvals from the U.S. Food and Drug Administration. The increasing favorable government regulations regarding disposable endoscopes boost the growth of the global market.

Market Restraint

Disposable endoscopes increase medical waste, which is a threat to the environment. This might reduce the preference for disposable endoscopes among skilled health care personnel, which in turn hampers the market growth. The low adoption of disposable endoscopes in the developing regions is also restraining the global disposable endoscopes market.

Segment Analysis

Based on product type, the global disposable endoscopes market is broadly segmented as Laparoscope, Arthroscope, Cystoscope, Gynecological Endoscope, and Others. In 2018 Laparoscope is the dominant segment, and it accounts for approximately one-third of the market. A laparoscope is a long, thin tube with a high-intensity light and a high-resolution camera. The instrument is inserted through an incision in the abdominal wall. As it moves, the camera sends images to a monitor. The regulatory approval for laparoscope is one of the prominent factor boosting the disposable laparoscope market. For instance, September 19, 2016, Medeon Biodesign, Inc., have received U.S. Food and Drug Administration 510(k) approval for AbClose, a single-use, disposable laparoscopic port site closure device. AbClose is a revolutionary advancement in port site closure technology that enables fast, simple, and secure single-operator suturing. The increasing incidence of endometriosis is also one of the major factor boosting the laparoscope market, as laparoscopy is the most common procedure used to diagnose and remove mild to moderate endometriosis. For instance, in U.K, 1 in 10 women of reproductive age have endometriosis. Around 176 million women worldwide have endometriosis that’s 10% worldwide. The prevalence of endometriosis in women with infertility is around 30–50%.

Regional Analysis

The global disposable endoscopes market is segmented into North America, Europe, China, Japan, and Rest of World. North America is dominating the global disposable endoscopes market, due to the increasing incidence of cancer in U.S. For instance, according to National Cancer Institute, in 2018, around 1,735,350 cases of cancer in the United States and 609,640 people are dead from the disease. The regulatory approval for disposable endoscopes is one of the key factor driving the North America disposable endoscopes market. For instance, On September 2017, The FDA have approved duodenoscope to feature a disposable distal cap for easier cleaning and reprocessing. The Pentax ED34-i10T for endoscopic retrograde cholangio-pancreatography (ERCP) procedures. Europe is the second largest market for disposable endoscopes in 2018, due to the investment in Endoscopy Action Plan, by the regulatory body. For instance, on March 24, 2019, the Scottish Government have introduced Endoscopy Action Plan and invested £6 million. The Endoscopy Action Plan is for patients with suspected cancer, with the investment, the government will provide new technologies, additional clinics, and additional training for staff.

Competitive Analysis

The major players include Boston Scientific Corporation, NeoScope Inc., Ambu A/S, Inc., OmniVision Technologies, Optimum Technologies, Inc, Prosurg, Flexicare Medical Ltd, Integrated Endoscopes, B Braun, Karl Storz, and Olympus America The distribution agreement for a disposable endoscope is boosting the global disposable endoscopes market. For instance, October 10, 2017, Olympus, a global technology leader in designing and delivering innovative solutions for medical and surgical procedures, have entered into an exclusive distribution agreement with Ruhof Healthcare, a leading manufacturer of the surgical instrument and scope reprocessing products. Guardian Endoscope Single-use Valve Set, a disposable endoscope valve set manufactured by Ruhof, will be distributed by the Olympus Endoscopy Sales team.