Increasing investment in more advanced technologies in healthcare industry and rising preference for disposable endoscopy are some key factors driving market revenue growth
Robust projected market revenue growth can be attributed to increasingly stringent government regulatory policies associated with patient safety and medical devices and Medicare, and increasing preference for single-use endoscopy for diagnosis of various diseases and conditions and increasing number of patients requiring treatment. Endoscopy is used in the diagnosis of diseases such as Gastro Esophageal Reflux Disease (GERD), orthopedic diseases, gastrointestinal conditions, and cancer.
Increasing investment by major companies to develop new technologies such as capsule endoscopes, duodenoscopes, choledochoscopes, and echoendoscopes is expected to support revenue growth of market going ahead. Global market revenue growth is also driven by rising concerns related to risks associated with use of reusable tools and potential cross contamination. In addition, requirement of skilled labor to operate and use reusable endoscopy equipment and tools and associated maintenance costs are factors driving preference for more technologically advanced single-use endoscopes such as in bronchoscopes with LED light source and CMOS image sensor.
Emergen Research has published a novel research report titled, “Global Single Use/Disposable Endoscopy Market Forecast to 2028”. The report sheds light on the current as well as upcoming market trends. The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Single Use/Disposable Endoscopy market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.
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Report Objective:
The report offers a complete analysis of the global Single Use/Disposable Endoscopy market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreement and collaborations. Boston Scientific Corporation, Inc., KARL STORZ, Ambu A/S, Hill Rom Holdings, OBP Medical Corporation, Hoya Corporation, Richard Wolf GmbH, Cook Medical, Flexicare Medical Ltd., and Medtronic.
The report also offers regional level analysis and market estimation for the regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
For the purpose of this report, Emergen Research has segmented the global single use/disposable endoscopy market on the basis of product, application, end-use, and region:
- Product Outlook (Revenue, USD Billion; 2018–2028)
- Endoscope
- Visualization Systems
- Endoscopic Ultrasound
- Insufflator
- Application Outlook (Revenue, USD Billion; 2018–2028)
- Bronchoscopy
- Urologic Endoscopy
- Arthroscopy
- GI Endoscopy
- ENT Endoscopy
- Others
- End-use Outlook (Revenue, USD Billion; 2018–2028)
- Hospitals
- Healthcare Centers
- Clinics
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Regional Outlook of Single Use/Disposable Endoscopy Market:
· North America
o U.S.
o Canada
o Mexico
· Europe
o Germany
o U.K.
o Italy
o France
o BENELUX
o Rest of Europe
· Asia Pacific
o China
o India
o Japan
o South Korea
o Rest of APAC
· Latin America
o Brazil
o Rest of LATAM
· Middle East & Africa
o Saudi Arabia
o U.A.E.
o South Africa
o Rest of MEA
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Key point summary of the report:
· The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.
· It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
· The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
· It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
· Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.
· The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.
· The report employs different analytical tools including, SWOT analysis, Porter’s five forces analysis, and pricing analysis, to give precise market information.
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