The global single-use/disposable endoscopy market is witnessing a significant increase in size of the market due to the ongoing COVID-19 pandemic. The overall market was estimated to be $471.7 million in FY2019, and it is expected to grow at a CAGR of 40.17% during the forecast period, 2021-2030. Presently, more than XX companies are operating in this market, including already existing and emerging medical device companies.
Owing to the COVID-19 pandemic, the secondary procedures including endoscopy services were shut down in 2020. However, the pandemic has created a positive impact on the net revenue in single-use endoscopes primarily due to the increase in infectious diseases and increasing awareness among patients regarding concern about hygiene has leaded to increase in demand of single-use endoscopes.
The global single-use/disposable endoscopy market was estimated at $471.7 Million in 2019 and is expected to reach $22,720.1 Million by 2030
Market Challenges
• Dominance of Reusable Endoscope Enterprises
Market Trends
• Growing Adoption of Single-Use Devices
Market Opportunities
• Development of Multipurpose Single-Use/Disposable Endoscope
• Rising Usage of Single-Use/Disposable Endoscope for Bronchoscopy and Hysteroscopy procedures
Key Companies Profiled
3NT Medical Ltd., Ambu A/S, Boston Scientific Corporation, Coloplast A/S, Corinth MedTech, Inc., Hill-Rom Holdings, Inc., HOYA Corporation, Integra LifeSciences Holdings Corporation, Integrated Endoscopy, KARL STORZ SE& CO.KG, OBP Medical Corporation, OUT Medical INC., PArburch Medical Developments Ltd., and Prosurg Inc.
• What are the key regulations abiding the development, commercialization, and clinical-use of single-use/disposable endoscope, across different regions?
• What are the key technological developments on which the current industry leaders are spending their major share of research and development (R&D) investment?
• Who are the leading players which hold significant dominance on the global single-use/disposable endoscope market, currently?
• What are the key strategies incorporated by the players of the global single-use/disposable endoscope market, to sustain the competition and retain their supremacy?
• What is the current annual demand for a single-use/disposable endoscope across different regions and its growth potential in the forecast period?
• What is the current market potential of single-use/disposable endoscope and what are the factors deciding the growth potential of a single-use/disposable endoscope, in the forecast period?
• What is the current revenue contribution of different applications and how would it evolve in the forecast period?
• What are the products in the pipeline, expected to be launched during the forecast period?
• What is the difference between a reusable endoscope and a single-use endoscope?
• What is the current demand contribution of different end-user types and how would it evolve in the forecast period?
• Which countries contribute to the major share of current demand and which countries hold significant scope for expansion for business activities, by players of the global single-use/disposable endoscopy market?
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