Westford,USA, June 29, 2023 (GLOBE NEWSWIRE) -- According to SkyQuest's latest global research of the Disposable Endoscopes market, increasing adoption of single-use endoscopes, advancements in materials and manufacturing techniques, development of compact and portable disposable endoscope systems, integration of digital imaging and wireless connectivity, rising focus on eco-friendly and biodegradable endoscope materials, growing demand for disposable endoscopes in ambulatory surgery centers, emergence of disposable endoscope rental services, expanding applications in specialties beyond gastroenterology, are the trends that aid in the market's growth.
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- Figures - 75
A disposable endoscope is a medical device that is used to visualize the inside of the body. It is a single-use device that is not intended to be reused. Disposable endoscopes are becoming increasingly popular as they offer a number of advantages over reusable endoscopes, including reduced risk of infection, lower cost, and ease of use.
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Prominent Players in Disposable Endoscopes Market
- COOK Medical
- Olympus
- KARL STORZ
- Fujifilm
- Pentax Medical
- Richard Wolf
- Ambu
- Stryker
- Boston Scientific
- HOYA
- Shenzhen Mindray Bio-Medical Electronics
- Medtronic
- EndoChoice
- Medline
- Wolfvision
- Optim Medical Systems
- Dornier Medtech
- Optim Corporation
- Asail Medical
- IntroMedic
Video Disposable Endoscope Demand to Grow Substantially in the Forecast Period
Video disposable endoscopes dominated the global online market due to their real time analysis. Different medical specialties and procedures have specific requirements for visualization and diagnostic capabilities. The type of disposable endoscope that best meets these requirements may gain dominance within specific specialties.
Gastroenterology is the Leading Application Segment
In terms of application, gastroenterology is the leading segment due to the prevalence of gastrointestinal disease. In addition, Many countries have implemented screening and surveillance programs for gastrointestinal diseases, especially colorectal cancer. These programs aim to detect and treat conditions at an early stage, leading to increased utilization of disposable endoscopes, colonoscopiescopy and other procedures.
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North America is the leading Market Due to the Advancements in Pharmaceutical Industry
Region-wise, North America is one of the largest growing markets with a huge emphasis on technological advancements. The region, particularly the United States, has a well-developed healthcare infrastructure with advanced medical facilities, hospitals, and clinics. The region's robust healthcare system allows adoptingn of advanced medical technologies, including disposable endoscopes.
A recent report thoroughly analyzes the major players operating within the Disposable Endoscopes market. This comprehensive evaluation has considered several crucial factors, such as collaborations, mergers, innovative business policies, and strategies, providing invaluable insights into the key trends and breakthroughs in the market. Additionally, the report has carefully scrutinized the market share of the top segments and presented a detailed geographic analysis. Finally, the report has highlighted the major players in the industry and their ongoing endeavors to develop innovative solutions that cater to the ever-increasing demand for Disposable Endoscopes.
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Key Developments in Disposable Endoscopes Market
- In March 2023, KARL STORZ acquired Asail Medical for $1.2 billion. Asail Medical is a leading provider of disposable endoscopes for treating chronic obstructive pulmonary disease (COPD). The acquisition will give KARL STORZ a foothold in the growing market for disposable endoscopes for COPD.
- In April 2023, Boston Scientific acquired IntroMedic for $440 million. IntroMedic is a leading provider of disposable endoscopes for treating gastrointestinal (GI) disorders. The acquisition will give Boston Scientific a broader range of products and services to offer its customers.
Key Questions Answered in Disposable Endoscopes Market Report
- What specific growth drivers are projected to impact the market during the forecast period?
- Can you list the top companies in the market and explain how they have achieved their positions of influence?
- In what ways do regional trends and patterns differ within the global market, and how might these differences shape the market's future growth?
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