PUBLISHER: Grand View Research | PRODUCT CODE: 1076363
PUBLISHER: Grand View Research | PRODUCT CODE: 1076363
North America Disposable Endoscopes Market Size, Share & Trends Analysis Report By Application (Bronchoscopy, Urologic Endoscopy, Arthroscopy, GI Endoscopy, ENT Endoscopy), By End Use, By Region, And Segment Forecasts, 2022 - 2030
North America Disposable Endoscopes Market Growth & Trends:
The North America disposable endoscopes market size is expected to reach USD 2.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 15.8% from 2022 to 2030. Increasing incidence of infection due to reusable endoscopes in the hospitals and the growing preference for disposable endoscope components are some of the major factors anticipated to drive the market growth over the forecast years. In addition, cleaning and disinfecting disposable endoscopes and their accessories to eliminate the disease transmission risk is a very tedious task for medical professionals.
The increasing number of endoscopic procedures and the growing prevalence of several chronic diseases are also further expected to accelerate the market growth. The lack of reprocessing and drying practices by the medical staff increases the chance of contamination which in turn drives the single-use endoscopes adoption. For instance, the data published in the American Journal of Infection Control stated that about 71% of the reusable endoscopes sample found microbial growth. The bronchoscopy segment dominated the market by application in 2021 with a revenue share of 29.3%. Flexible bronchoscopes play a critical role in the therapeutic and diagnostic management of several pulmonary disorders and better procedural outcomes.
The growing adoption of bronchoscopes for the diagnosis of respiratory disorders such as asthma and chronic obstructive pulmonary disease (COPD) is expected to drive the segment growth. Increasing COVID-19 cases and the fear of disease transmission due to the use of reusable bronchoscopes also boosted the single-use bronchoscope adoption. For instance, according to World Health Organization (WHO), the number of COVID-19 cases has increased to over 74.8 million by February 2022 in the United States of America. The hospital segment dominated the market and accounted for a revenue share of 47.5% in 2021 owing to the increasing number of endoscopic procedures performed in the hospitals and growing patient preference to visit the hospital for disease diagnosis.
However, the fastest growth is expected from the clinics segment over the forecast period owing to the increasing preference to use single-use endoscopic devices to reduce the risk of contamination, lower the procedure cost, and better clinical outcomes. In addition, an increasing number of clinics that performed endoscopic procedures in the U.S also anticipated supporting high growth of the segment. The COVID-19 pandemic has positively impacted the growth of the market. The benefit of using a disposable endoscope to minimize the risk of disease transmission increased its adoption during the COVID-19 period.
Increasing regulatory approval and strategic initiatives by the manufacturers to innovate new endoscopic devices to meet the consumer's needs, in turn, supported the growth of the market. For instance, in July 2020 a medical device manufacturer, Ambu Inc., got U.S. FDA 510(k) approval for its sterile single-use duodenoscope device. The device includes "aScope Duodeno" which is a single-use endoscope and "aBox Duodeno" a reusable processor unit to treat and diagnose several disease conditions like cancer, tumors, pancreatitis, and gallstones, in the bile duct and pancreas.
North America Disposable Endoscopes Market Report Highlights:
- The market size is anticipated to be valued at USD 2.8 billion by 2030, owing to the increasing number of endoscopic procedures and growing adoption of single-use endoscopic devices and accessories to reduce the chance of contamination
- Based on application, the bronchoscopy segment dominated the market with a revenue share of 29.3% in 2021 owing to the growing adoption of single-use bronchoscopes for the diagnosis of respiratory disorders such as asthma and Chronic Obstructive Pulmonary Disease (COPD)
- Based on end use, the hospitals segment dominated the market with a revenue share of 47.5% in 2021, owing to the increasing number of endoscopic procedures performed in the hospitals and growing patient preference to visit hospitals for disease diagnosis
Table of Contents
Chapter 1 Methodology and 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 GVR's internal database
- 1.3.2 Primary Research:
- 1.3.1 Information Procurement
- 1.4 Research Scope and Assumptions
- 1.5 List to Data Sources
Chapter 2 Executive Summary
- 2.1 North America Disposable Endoscopes Market Outlook
- 2.2 North America Disposable Endoscopes Market Segment Outlook
- 2.3 North America Disposable Endoscopes Market Competitive Insight
- 2.4 North America Disposable Endoscopes Snapshot
Chapter 3 North America Disposable Endoscopes Market Variables, Trends, & Scope
- 3.1 Disposable Endoscopes Market Snapshot
- 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 North America Disposable Endoscopes Market Analysis Tools
- 3.4.1 Industry Analysis - Porter's Five Forces
- 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
- 3.4.1.5 Competitive rivalry
- 3.4.2 PESTEL Analysis
- 3.4.2.1 Political landscape
- 3.4.2.2 Economic and Social landscape
- 3.4.2.3 Technology landscape
- 3.4.2.4 Legal landscape
- 3.4.2.5 Technology landscape
- 3.4.1 Industry Analysis - Porter's Five Forces
- 3.5 Major Deals & Strategic Alliances Analysis
- 3.5.1 Mergers & Acquisitions
- 3.5.2 Technology Collaborations
- 3.5.3 Joint Ventures
Chapter 4 North America Disposable Endoscopes Market: Competitive Analysis
- 4.1 Recent Developments & Impact Analysis, By Key Market Participants
- 4.2 Company/Competition Categorization (Key innovators, market leaders, emerging players)
- 4.3 Vendor Landscape
- 4.3.1 Public Companies
- 4.3.1.1 Company Market Position Analysis
- 4.3.1.2 Company Market Ranking, By Region
- 4.3.2 Private Companies
- 4.3.2.1 Regional network map
- 4.3.2.2 Company market position analysis
- 4.3.1 Public Companies
Chapter 5 North America Disposable Endoscopes Market: Application Estimates & Trend Analysis
- 5.1 Definitions & Scope
- 5.2 North America Disposable Endoscopes Market: Application Market Share Analysis, 2021 and 2030
- 5.3 Bronchoscopy
- 5.3.1 Bronchoscopy market estimates and forecasts, 2014 - 2030 (USD Million)
- 5.4 Urologic Endoscopy
- 5.4.1 Urologic Endoscopy market estimates and forecasts, 2014 - 2030 (USD Million)
- 5.5 Arthroscopy
- 5.5.1 Arthroscopy market estimates and forecasts, 2014 - 2030 (USD Million)
- 5.6 GI Endoscopy
- 5.6.1 GI Endoscopy market estimates and forecasts, 2014 - 2030 (USD Million)
- 5.7 ENT Endoscopy
- 5.7.1 ENT Endoscopy market estimates and forecasts, 2014 - 2030 (USD Million)
- 5.8 Others
- 5.8.1 Others market estimates and forecasts, 2014 - 2030 (USD Million)
Chapter 6 North America Disposable Endoscopes Market: End-use Estimates & Trend Analysis
- 6.1 Definitions & Scope
- 6.2 North America Disposable Endoscopes Market: Distribution Channel Market Share Analysis
- 6.3 Hospitals
- 6.3.1 Hospitals market estimates and forecasts, 2014 - 2030 (USD Million)
- 6.4 Clinics
- 6.4.1 Clinics market estimates and forecasts, 2014 - 2030 (USD Million)
- 6.5 Diagnosis Centers
- 6.5.1 Diagnosis Centers market estimates and forecasts, 2014 - 2030 (USD Million)
Chapter 7 North America Disposable Endoscopes Market: Regional Estimates & Trend Analysis, By Application, By End Use
- 7.1 Disposable Endoscopes Market: Regional Movement Analysis
- 7.2 North America
- 7.2.1 North America Disposable Endoscopes market estimates and forecasts, by Application, and, End-use, 2014 - 2030 (USD Million)
- 7.2.2 U.S.
- 7.2.2.1 U.S. Disposable Endoscopes market estimates and forecasts, by Application, and, End-use, 2014 - 2030 (USD Million)
- 7.2.3 Canada
- 7.2.3.1 Canada Disposable Endoscopes market estimates and forecasts, by Application, and, End-use, 2014 - 2030 (USD Million)
Chapter 8 Competitive Landscape
- 8.1 Ambu A/S
- 8.1.1 Company overview
- 8.1.2 Financial performance
- 8.1.3 Product benchmarking
- 8.1.4 Strategic initiatives
- 8.2 Prosurg Inc. (Neoscape, Inc.)
- 8.2.1 Company overview
- 8.2.2 Financial performance
- 8.2.3 Product benchmarking
- 8.2.4 Strategic initiatives
- 8.3 AirStrip Technologies
- 8.3.1 Company overview
- 8.3.2 Financial performance
- 8.3.3 Product benchmarking
- 8.3.4 Strategic initiatives
- 8.4 Boston Scientific Corporation
- 8.4.1 Company overview
- 8.4.2 Financial performance
- 8.4.3 Product benchmarking
- 8.4.4 Strategic initiatives
- 8.5 Parburch Medical
- 8.5.1 Company overview
- 8.5.2 Financial performance
- 8.5.3 Product benchmarking
- 8.5.4 Strategic initiatives
- 8.6 OBP Medical Corporation
- 8.6.1 Company overview
- 8.6.2 Financial performance
- 8.6.4 Product benchmarking
- 8.6.4 Strategic initiatives
- 8.7 Welch Allyn (Hill-Rom Services Inc.)
- 8.7.1 Company overview
- 8.7.2 Financial performance
- 8.7.3 Product benchmarking
- 8.7.4 Strategic initiatives
- 8.8 Allscripts Healthcare Solutions
- 8.8.1 Company overview
- 8.8.2 Financial performance
- 8.8.3 Product benchmarking
- 8.8.4 Strategic initiatives
- 8.9 Flexicare Medical Limited
- 8.9.1 Company overview
- 8.9.2 Financial performance
- 8.9.3 Product benchmarking
- 8.9.4 Strategic initiatives
- 8.10 Timesco Healthcare Ltd.
- 8.10.1 Company overview
- 8.10.2 Financial performance
- 8.10.3 Product benchmarking
- 8.10.4 Strategic initiatives
- 8.11 SUNMED
- 8.11.1 Company overview
- 8.11.2 Financial performance
- 8.11.4 Product benchmarking
- 8.11.4 Strategic initiatives
List of Tables
- TABLE 1 List of Abbreviations
- TABLE 2 North America disposable endoscopes market, by application, 2014 - 2030 (USD Million)
- TABLE 3 North America disposable endoscopes market, by end use, 2014 - 2030 (USD Million)
- TABLE 4 U.S. disposable endoscopes market, by application, 2014 - 2030 (USD Million)
- TABLE 5 U.S. disposable endoscopes market, by end use, 2014 - 2030 (USD Million)
- TABLE 6 Canada disposable endoscopes market, by application, 2014 - 2030 (USD Million)
- TABLE 7 Canada disposable endoscopes market, by end use, 2014 - 2030 (USD Million)
- TABLE 8 List of key market players, by products and financial information
List of Figures
- FIG. 1 Disposable Endoscopes Market Summary, 2021 (USD Million)
- FIG. 2 Disposable Endoscope Market Trends & Outlook
- FIG. 3 Disposable Endoscopes Market Segmentation
- FIG. 4 Market driver relevance analysis (Current & future impact)
- FIG. 5 Market Restraint relevance analysis (Current & future impact)
- FIG. 6 Penetration & growth prospect mapping
- FIG. 7 SWOT Analysis, By Factor (political & legal, economic and technological)
- FIG. 8 Porter's Five Forces Analysis
- FIG. 9 Disposable endoscopes market, application outlook key takeaways (USD Million)
- FIG. 10 Disposable endoscopes market: Application movement analysis (USD Million)
- FIG. 11 Disposable endoscopes market estimates and forecasts for bronchoscopy, 2014 - 2030 (USD Million)
- FIG. 12 Disposable endoscopes market estimates and forecasts for urologic endoscopy, 2014 - 2030 (USD Million)
- FIG. 13 Disposable endoscopes market estimates and forecasts for arthroscopy, 2014 - 2030 (USD Million)
- FIG. 14 Disposable endoscopes market estimates and forecasts for GI endoscopy, 2014 - 2030 (USD Million)
- FIG. 15 Disposable endoscopes market estimates and forecasts for ENT endoscopy, 2014 - 2030 (USD Million)
- FIG. 16 Disposable endoscopes market estimates and forecasts for other applications, 2014 - 2030 (USD Million)
- FIG. 17 Disposable endoscopes market, end-use outlook key takeaways (USD Million)
- FIG. 18 Disposable endoscopes market: end-use movement analysis (USD Million)
- FIG. 19 Disposable endoscopes market estimates and forecasts in hospitals, 2014 - 2030 (USD Million)
- FIG. 20 Disposable endoscopes market estimates and forecasts in diagnostic centers, 2014 - 2030 (USD Million)
- FIG. 21 Disposable endoscopes market estimates and forecasts in clinics, 2014 - 2030 (USD Million)
- FIG. 22 Regional marketplace: Key takeaways
- FIG. 23 Disposable endoscopes market: Regional movement analysis (USD Million)
- FIG. 24 North America disposable endoscopes market estimates and forecasts, 2014 - 2030 (USD Million)
- FIG. 25 U.S. disposable endoscopes market estimates and forecasts, 2014 - 2030 (USD Million)
- FIG. 26 Canada disposable endoscopes market estimates and forecasts, 2014 - 2030 (USD Million)
- FIG. 27 Strategic Framework
