Global Disposable Endoscopes Market Insights Forecasts to 2033

• The Global Disposable Endoscopes Market Size was Valued at USD 2.26 Billion in 2023
• The Market Size is Growing at a CAGR of 9.22% from 2023 to 2033
• The Worldwide Disposable Endoscopes Market Size is Expected to Reach USD 5.46 Billion by 2033
• Asia Pacific is Expected to Grow the fastest during the forecast period.

The Global Disposable Endoscopes Market Size is Anticipated to Exceed USD 5.46 Billion by 2033, Growing at a CAGR of 9.22% from 2023 to 2033.

Market Overview

An endoscopy is a minimally invasive medical procedure that is used to identify, treat, and prevent problems with the visceral organs. Disposable endoscopes enter the body through natural cavities or holes, such as the mouth and anus, or by incisions, especially in arthroscopy cases. Disposable endoscopes are furnished with various extra parts, including a camera or light source at the tip, to let physicians or other medical experts (endoscopists) analyze inside organs of interest. One major driver propelling the worldwide market expansion is the increasing need for single-use endoscopes as a means of reducing the risk of infection associated with the device. The market is also expanding as a result of industrialized nations' advantageous reimbursement policies, regulatory frameworks that support the industry, and increased patient desire for less invasive procedures. Furthermore, the market offers significant development possibilities because of the growing government and non-governmental funding, grants, and investments in endoscopic research and healthcare infrastructure. A developing class of endoscopic tools is disposable endoscopy. Recent advancements have made it possible to produce endoscopes at a low enough cost to be utilized on a single patient.

Report Coverage

This research report categorizes the market for the global disposable endoscopes market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global disposable endoscopes market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global disposable endoscopes market.

Driving Factors

The prevalence of several chronic illnesses, such as cancer and gastrointestinal ailments, has increased due to changes in lifestyle that have been noted over time. The GI tract, which extends from the mouth to the rectum, is impacted by gastrointestinal disorders. A variety of conditions are included under the umbrella of digestive diseases, such as colon cancer, reflux disease, and non-alcoholic fatty liver disease. Globally, there has been an increase in the number of colorectal cancer patients in a number of nations. The need for single-use endoscopes to lower the risk of infection associated with the equipment is one of the primary drivers driving the worldwide market. The industry is also being further pushed by favorable reimbursement policies in industrialized countries, a supportive regulatory environment, and a rise in patient preference for less intrusive treatments. The growing investments, funding, and grants provided by governments and other organizations to enhance endoscopic research and healthcare infrastructure have also given rise to profitable growth opportunities for the industry. Due to its many benefits, such as high patient acceptance rates, reduced discomfort, cost-effectiveness, and a decreased risk of effects, minimally invasive treatments are driving the worldwide market.

Restraining Factors

The use of disposable endoscopes has grown throughout the last ten years in the worldwide healthcare industry. Furthermore, healthcare settings that currently use traditional endoscopes would have to invest in additional equipment, which might hinder the market in the upcoming ten years. As disposable endoscopes are designed for single use, they add significantly to the amount of medical waste generated, particularly plastic trash. Standard, non-hazardous waste makes up around 85% of the overall waste generated by healthcare operations, according to the World Health Organization. Furthermore, the remaining 15% is categorized as hazardous material, which might be radioactive, poisonous, or contagious. Recent discoveries of plastic microparticles in human blood and feces raise the possibility that this might endanger the ecosystem. Recently, Europe tackled this issue by banning single-use plastics. Therefore, strong regulations limiting the use of disposable endoscopes as a result of plastic bans in both high- and low-income nations hinder.

Market Segmentation

The global disposable endoscopes market share is classified into application, product type, and end user.

• The bronchoscopy is expected to hold the largest share of the global disposable endoscopes market during the forecast period.   

Based on the application, the global disposable endoscopes market is divided into arthroscopy, GI endoscopy, ENT endoscopy, bronchoscopy, urologic endoscopy, and others. Among these, bronchoscopy is expected to hold the largest share of the global disposable endoscopes market during the forecast period. The numerous therapeutic advantages that disposable endoscopes provide during bronchoscopy treatments account for this high market share. The market is expected to rise as lung cancer and tumors become more common. A variety of malignancies can be identified via bronchoscopy, which facilitates improved diagnosis and therapy. A rigid or flexible endoscope must be inserted into the airways during a bronchoscopy procedure, which increases the possibility of cross-contamination and infection transmission. By doing away with the necessity for reprocessing and sterilization, disposable endoscopes guarantee that every patient receives a fresh, sterile endoscope.  

• The adult segment is expected to hold the largest share of the global disposable endoscopes market during the forecast period.   

Based on the product type, the global disposable endoscopes market is divided into adult and pediatric. Among these, the adult segment is expected to hold the largest share of the global disposable endoscopes market during the forecast period. Endoscopic intervention is often necessary for the diagnosis and treatment of various illnesses, as the number of adult patients with medical issues rises. Due to their weakened immune systems and deteriorating health, elderly individuals are more vulnerable to chronic illnesses. In addition, the growing number of elderly individuals increases the likelihood of developing chronic illnesses including cancer, gastrointestinal, ophthalmology, and orthopedic conditions. 

• The hospital segment is expected to hold the largest share of the global disposable endoscopes market during the forecast period.   

Based on the end user, the global disposable endoscopes market is divided into hospitals, ambulatory surgical centers, and others. Among these, the hospital segment is expected to hold the largest share of the global disposable endoscopes market during the forecast period. The rising use of sophisticated endoscopic treatments, which are anticipated to increase patient preference for hospitals, might be attributed to this market share leadership. Disposable endoscopes are being used by hospitals more often in an effort to improve patient safety and reduce the transmission of infection. In healthcare settings, hospital-acquired infections are a serious problem. The disposable endoscopes do not require reprocessing or sterilizing; they provide a superior degree of infection control. In order to take advantage of these technical developments and offer cutting-edge endoscopic operations, hospitals are implementing disposable endoscopes.

Regional Segment Analysis of the Global Disposable Endoscopes Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA

North America is anticipated to hold the largest share of the global disposable endoscopes market over the predicted timeframe.

North America is anticipated to hold the largest share of the global disposable endoscopes market over the predicted timeframe. A growing number of patients with GI problems, an aging population, the existence of major industry players, and other variables may all be contributing causes to this high market share. Over the past several years, there has been a noticeable increase in the occurrence of hospital-acquired infections in many healthcare settings. As there is no need for reprocessing and there is less chance of cross-contamination, disposable endoscopes provide a greater level of infection control. Demand for disposable endoscopes has increased in North America due to growing awareness of the significance of infection management. The need for better patient outcomes and more accurate diagnostic capabilities has led to technological breakthroughs in disposable endoscopes, including enhanced imaging capabilities and smaller camera systems. Furthermore, there has been an increase in North America in the need for endoscopic treatments, including urological, pulmonary, and gastrointestinal exams. The market is expected to grow because of factors such as an aging population, rising awareness of preventative healthcare, and developments in less invasive procedures.

Asia Pacific is expected to grow at the fastest pace in the global disposable endoscopes market during the forecast period. In Asia Pacific, the expanding population and rising prevalence of functional and chronic gastrointestinal problems, including cancer, diabetes, and cardiovascular diseases, are some of the key drivers expected to propel market expansion. Furthermore, a rise in endoscopic operations and a desire to lessen the likelihood of cross-contamination in order to improve clinical results are anticipated to fuel market expansion during the projected period.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global disposable endoscopes market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• KARL STORZ
• OBP Medical Corporation
• Olympus Corporation            
• Welch Allyn
• Ambu A/S
• Boston Scientific Corporation
• BPL Medical Technologies
• CooperSurgical, Inc.
• Flexicare Medical Ltd.
• HOYA Corporation
• Parburch Medical Developments Ltd
• Pentax Medical Company
• Richard Wolf Gmbh
• Shenzhen HugeMed Medical Technical Development Co., Ltd.
• Tonglu General Factory of Medical Optical Instruments
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In July 2022, Zsquare said that its Zsquare ENT-Flex Rhino laryngoscope had been granted 510K approval by the US Food and Drug Administration. ENT operations utilize this single-use endoscope, which can transmit high-resolution pictures and offer improved diagnostic quality. The company's revenue increased and its product portfolio was improved due to owing to this creative product introduction.

• In May 2021, PENTAX Medical said that its single-use bronchoscope, the PENTAX Medical ONE Pulmo, had been approved for the CE market. With its smooth user interface and easy scope holding and tip angulation, this endoscope facilitates faster patient care. The company's ability to sell its product in Europe was made possible by this regulatory approval, which improved both its geographic presence and clientele.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global disposable endoscopes market based on the below-mentioned segments: 

Global Disposable Endoscopes Market, By Application

• Arthroscopy
• GI Endoscopy
• ENT Endoscopy
• Bronchoscopy
• Urologic Endoscopy
• Others

Global Disposable Endoscopes Market, By Product Type

• Adult
• Pediatric

Global Disposable Endoscopes Market, By End Use

• Hospitals
• Ambulatory Surgical Centers
• Others

Global Disposable Endoscopes Market, Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa