GLOBAL DISPOSABLE ENDOSCOPE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Global Disposable Endoscope Market, By Type (Disposable Hysteroscopes, Disposable Ureteroscopes, Disposable Bronchoscopes, Disposable Duodenoscopes, Disposable Laryngoscopes, Others), By Application (Gastroenterology, General Surgery, Gynecology, Urology, Others), By End User (Hospitals & Clinics, Diagnostic Centers, Ambulatory Surgical Centers, Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Published In : Jan 2024
Code : CMI6534
Pages :155
Formats :
Excel and PDF
Industry : Medical Devices

Regional Analysis

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.

Figure 1. Global Disposable Endoscope Market Share (%), By Region, 2023