The disposable endoscopes market has seen considerable growth due to a variety of factors.
• In the past few years, we've seen a swift growth in the disposable endoscopes market size. Projections show it will escalate from $1.91 billion in 2024 to around $2.26 billion in 2025, growing at a compound annual growth rate (CAGR) of 18.0%.
The substantial growth experienced in the historical period is due to factors such as infection control, regulatory approvals, cost-efficiency, and the emergence of minimally invasive procedures.
The disposable endoscopes market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of disposable endoscopes is predicted to experience swift expansion in the forthcoming years. The market is projected to escalate to $4.12 billion in 2029 with a compound annual growth rate (CAGR) of 16.2%.
Factors contributing to this growth throughout the forecast period comprise global healthcare availability, outpatient procedures, telemedicine and remote consultations, as well as public health initiatives. During the forecast period, significant trends will encompass specialized disposable endoscopes, improved imaging and visualization, sustainable and environmentally-friendly materials, and AI-enhanced endoscopy.
The escalating incidence of cancer is anticipated to stimulate the expansion of the disposable endoscopes market. Cancer comprises a range of diseases characterized by unchecked growth and division of abnormal cells. High-quality imaging can be provided by disposable endoscopes, enabling detailed observations during endoscopic exams. This medical tool plays a pivotal role in the identification of cancerous growths or abnormalities in the gastrointestinal tract. For instance, the Cancer Facts and Figures 2023 report from the American Cancer Society, a professional organization based in the US, indicated a rise in new anal cancer cases in the United States to 9,760, up from 9,440 in 2022. Moreover, the number of fatalities related to anal cancer increased to 1,870, a surge from the 1,670 deaths reported in 2022. Thus, the rising incidence of cancer is fuelling the growth of the disposable endoscopes market.
The disposable endoscopes market covered in this report is segmented –
1) By Product: Gastroscopes, Bronchoscopes, Duodenoscopes, Laryngoscopes, Colonoscopes, Ureteroscope?s, Other Endoscopes
2) By Patient Type: Adult, Pediatric
3) By End User: Hospitals, Ambulatory Surgical Centers, Diagnostic Centers
Subsegments:
1) By Gastroscopes: Standard Gastroscopes, Pediatric Gastroscopes
2) By Bronchoscopes: Flexible Bronchoscopes, Rigid Bronchoscopes
3) By Duodenoscopes: Single-Use Duodenoscopes, Multi-Use Duodenoscopes
4) By Laryngoscopes: Standard Laryngoscopes, Video Laryngoscopes
5) By Colonoscopes: Flexible Colonoscopes, Pediatric Colonoscopes
6) By Ureteroscopes: Flexible Ureteroscopes, Rigid Ureteroscopes
7) By Other Endoscopes: Cystoscopes, Arthroscopes
Leading firms in the disposable endoscopes market are strategically focusing on the creation of unique products, like single-use bronchoscope medical devices, to maintain their market stature. For instance, in July 2022, Ambu Inc., a medical technology firm based in Denmark, introduced its state-of-the-art medical tool, the Ambu aScope 5 Broncho. This device is a one-time use endoscope specifically designed for individual patients to reduce cross-contamination risks, ensuring patient safety. The aScope 5 Broncho series offers improved imaging and design features, which include a new high-resolution camera chip. This chip provides exceptional image quality when used with the full HD Ambu aBox 2 processing unit. Additionally, the convenience and availability of the aScope 5 Broncho aids healthcare systems in dealing with workforce shortfalls and workflow challenges.
Major companies operating in the disposable endoscopes market are:
• Medtronic PLC
• Fujifilm Holdings Corporation
• Baxter International Inc.
• Boston Scientific Corporation
• Olympus Corporation
• Steris Corporation
• Karl Storz SE & Co. KG
• PENTAX Medical
• Ambu A/S
• Cooper Surgical Inc.
• Verathon Inc.
• Henke-Sass Wolf GmbH
• Apollo Endosurgery Inc.
• Hill-Rom Holdings Inc.
• Reach Surgical Co. Ltd.
• EndoChoice Inc.
• Flexicare Medical Limited
• CapsoVision Inc.
• Optim LLC
• OBP Medical Corporation
• Taewoong Medical Co. Ltd.
• Hoya Corporation
• XION Medical GmbH
• Avantis Medical Systems Inc.
• EndoMed Systems GmbH
• Neoscope Inc.
• Otu Medical Inc.
• Richard Wolf GmbH
• Vision-Sciences Inc.
North America was the largest region in the disposable endoscope market in 2024. The regions covered in disposable endoscopes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.