Global Disposable Endoscope Market Size and Trends

Global disposable endoscope market size is expected to reach US$ 3,146.5 Mn by 2030, from US$ 938.1 Mn in 2023, exhibiting a compound annual growth rate (CAGR) of 18.9% during the forecast period.

Disposable endoscopes are single-use medical devices that allow examination of internal organs like the esophagus, stomach, lungs, urinary tract or colon.

Global Disposable Endoscope Market Regional Insights:

North America is expected to be hold first-largest market share in global disposable endoscope market over the forecast period due to the presence of major players and advanced healthcare infrastructure in the region. The U.S. accounts for the largest share of the North America market due to factors such as the high healthcare expenditure and well-developed healthcare infrastructure in countries like U.S. and Canada. Growing healthcare expenditure in the region supports frequent product upgrades. With the current emphasis on infection control in hospitals, demand for disposable endoscopes is increasing as they reduce risks of cross-contamination. Stringent regulations regarding reprocessing of reusable devices also favor the adoption of single-use alternatives.
Europe region is expected to hold second largest market for the global disposable endoscope market during the forecast period. Increasing healthcare expenditures have boosted market opportunities. Increasing prevalence of hospital acquired infections, growing geriatric population, high demand for minimally invasive procedures and others are key factor propelling the market growth in Europe.
The Asia Pacific market is expected to be hold third-largest market share for global disposable endoscope market during the forecast period. The growth of the market in Asia Pacific is due to the large target population, improving healthcare infrastructure and China and India specifically have high growth potentials. Rising healthcare expenditure coupled with the expansion of private healthcare facilities boosts the uptake of modern endoscopy equipment. As Asian nations aim to reduce their treatment costs, they find disposable devices more cost-effective over reusable variants in the long run. Local manufacturing of low-cost disposable endoscopes also attracts customers in price-sensitive markets. Furthermore, the growing medical tourism industry in Asia Pacific generates higher demand from international patients.

Global Disposable Endoscope Market Trends:

Shift from flexible to capsule endoscopes: Global disposable endoscope market is undergoing a significant transition from conventional flexible endoscopes to capsule endoscopes. Capsule endoscopes offer various advantages over traditional endoscopy such as being painless; require no sedation and allowing examination of parts of gastrointestinal tract that are not generally accessible during conventional endoscopy. These advantages have led to increased adoption of capsule endoscopes among healthcare providers as well as patients. Capsule endoscopes are easy to use, as patients simply swallow the capsule, which is tiny in size and equipped with a camera, light, and batteries. The camera captures about 50,000-60,000 images as the capsule passes through the gastrointestinal tract naturally. These images are transmitted wirelessly to a recorder and data storage device that is worn by the patient, thus allowing doctors to thoroughly examine the lining of GI tract for any abnormalities or issues. Unlike conventional endoscopy, capsule endoscopy does not require inflation of bowel or insertion of endoscope tubes hence it is non-invasive and comfortable for patients. This has particularly increased its acceptance among elderly population and pediatric patients.
Collaboration between key market players: Market players are focused on the adoption of various inorganic growth strategies such as collaboration and others, which is expected to drive the growth of the market over the forecast period. For instance, in November 2022, Scivita Medical Technology Co., Ltd., a medical device manufacturing company, announced that it had collaborated with FUJIFILM Europe B.V., a healthcare product manufacturing company, where FUJIFILM Europe B.V. had granted an exclusive rights for distribution and sales of Scivita Medical Technology Co., Ltd.’s single-use broncho videoscopes in some major countries throughout Europe such as the U.K., Germany, and others