The global disposable endoscopes market size is expected to reach USD 4.45 billion by 2027 and is expected to expand at a CAGR of 19.8% over the forecast period, according to a new report published by Radiant Insights, Inc.
Increasing incidence of Hospital-acquired Infections (HAI) is one of the pivotal factors attributed to the growth. Furthermore, high capital cost associated with cleaning, maintenance, reprocessing and storage cabinets and equipment is also of the factors compelling healthcare establishments to opt of disposable endoscopes. Increasing prevalence of target diseases including cancer, ENT, Neurological, GI disorders and others is further boosting the adoption. Technological advancements, ongoing product development, and strong clinical pipeline, are some of the other expected to significantly boost the market growth.
Download Free Sample Report @ https://www.radiantinsights.com/research/disposable-endoscopes-market/request-sample
New product approvals in the countries from Europe and North America is expected to significantly push adoption of new products. Key market participants are constantly working on new product development to cater to wide application areas. Ambu A/S is expected to launch nearly 13 products in next 2 to 3 years which will cater to a wide array of applications including, ENT, pulmonary, gastroscopy, colonoscopy, duodenoscopy, and few others.
The demand for disposable endoscopes is anticipated to witness a surge in hospitals, diagnostic centers, and other facilities owing to rapidly increasing instances of HAIs which results in significant burden on healthcare systems. Developed economies are the most lucrative markets due to their high healthcare expenditure enabling them to adopt disposable endoscopes that are slightly expensive as compared to the reusable variants that gets amortized over time.
Further key findings from the report suggest:
• Bronchoscopy application segment held the largest disposable endoscopes market share in 2019 owing to technological advancements and rising bronchoscopes-related infections
• Hospitals held the largest revenue share in the end-use segment in 2019 due to higher adoption of disposable scopes to limit the incidence of HAIs
• North America held the largest revenue share in 2019, due to high healthcare expenditure and user preference for disposable scopes
• Asia Pacific is expected to experience a lucrative CAGR over the forecast period. Rapid development of healthcare infrastructure, increasing number of hospitals, and higher appetite for new device acquisition are a few factors contributing to the regional growth
• Boston Scientific Corporation, Ambu A/S, Hill Rom Holdings, and OBP Medical Corporation are the major players operating in the disposable endoscopes market. New product development to gain market share is one of the key strategies adopted by the key participants
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/disposable-endoscopes-market
Table of Contents
Chapter 1 Research Methodology & Scope
1.1 Market Segmentation and Scope
1.2 Market Definition
1.3 Research Methodology
1.3.1 Information Procurement
1.3.1.1 Purchased database:
1.3.1.2 Radiant Insights internal database
1.3.2 Primary Research:
1.4 Research Scope and Assumptions
1.5 List to Data Sources
Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Segment Outlook
2.3 Competitive Insights
2.4 Global Disposable Endoscopes Snapshot
Chapter 3 Global Disposable Endoscopes Market Variables, Trends, & Scope
3.1 Market Lineage Outlook
3.1.1 Parent Market Outlook
3.1.2 Related/Ancillary Market
3.2 Penetration and Growth Prospect Mapping
3.3 Market Dynamics
3.3.1 Market Driver Analysis
3.3.2 Market Restraint Analysis
3.3.3 Industry Challenges
3.4 Global Disposable Endoscopes Market Analysis Tools
3.4.1 Industry Analysis - Porter’s
3.4.1.1 Bargaining power of the suppliers
3.4.1.2 Bargaining power of the buyers
3.4.1.3 Threats of substitution
3.4.1.4 Threats from new entrants
Continued…
Read all Reports of this category @ https://www.radiantinsights.com/catalog/medical-devices
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States
Email: [email protected]
Website: https://www.radiantinsights.com/
The new Disposable Endoscopes Market report offers a comprehensive study of the current scenario of the market including major market dynamics.
Also, it highlights the in-depth marketing research with the newest trends, drivers, and segments with reference to regional and country.
Further, this report profiles top key players and analyze their market share, strategic development, and other development across the world.The report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the disposable endoscopes market include Ambu A/S, Boston Scientific Corporation, Flexicare Medical Limited, OBP Medical Corporation, Parburch Medical, Prosurg Inc., SunMed, Timesco Healthcare Ltd. and Welch Allyn.
An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Get more information on "Global Disposable Endoscopes Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/disposable-endoscopes-market/download-sampleMarket DynamicsThe rising incidence of nosocomial infections or health-acquired infections from the use of contaminated endoscopes is driving the demand for disposable endoscopes.
As well as, the hospitals and clinics have to purchase sophisticated cleaning equipment and chemicals for decontamination which leads to increases in maintenance cost of the reusable endoscope which is further boosting the market growth.
Recently published a report entitled Disposable Endoscopes Market projected till 2026, added by Value Market Research, covers key players along with their market share and strategic development adopted by them.
Further, the report provides market size, share, trends, outlook and forecast based on historical data coupled with drivers, restraints, and opportunities.The broad disposable endoscopes market has been sub-grouped into application and end-use.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
This detail will lead to a focused approach leading to identification of better opportunities.Request a FREE Sample Copy of Disposable Endoscopes Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/disposable-endoscopes-market/download-sampleBy ApplicationBronchoscopyUrologic endoscopyArthroscopyGI endoscopyProctoscopyOthersBy End-UseHospitalsDiagnostic centersClinicsThe report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the disposable endoscopes market include Ambu A/S, Boston Scientific Corporation, Flexicare Medical Limited, OBP Medical Corporation, Parburch Medical, Prosurg Inc., SunMed, Timesco Healthcare Ltd. and Welch Allyn.
