Asia Pacific Disposable Endoscope Market

The Asia Pacific disposable endoscope market is expected to grow from US$ 225.68 million in 2022 to US$ 592.02 million by 2028; it is estimated to record a CAGR of 17.4% from 2022 to 2028.

Rapid Technological Advancements and Product Launches Bolster Disposable Endoscope Market Growth

The earliest generation of single-use endoscopes demonstrated their clinical value regarding cross contamination, availability, and workflow, but a performance gap compared to reusable endoscopes limited their adoption. However, in recent years, rising technological advancements in sensors, image processing software, and monitor processing power have improved image resolutions and clinical performance of single-use endoscopy products. Moreover, with single-use endoscopes, product iterations can occur at a faster pace than with reusable endoscopes. As a result, a few single-use endoscopes being launched recently have surpassed reusable endoscopes in terms of performance.

In July 2020, Ambu A/S launched aScope Duodeno 1.5 single-use duodenoscope for ERCP procedures. The aScope Duodeno 1.5 is designed with high-definition imagery and flexible bending angles to view the mucosa in detail and navigate the gastrointestinal tract efficiently. After the successful launch of aScope Duodeno 1.5, in February 2022, Ambu A/S announced that it has received FDA 510(k) clearance for its Ambu aScope Gastro and Ambu aBox 2, which are Ambu's first sterile, single-use gastroscopes with updated imaging and design features. The single-use aScope Gastro solution, combined with the company's next-generation display and processing unit Ambu aBox 2, will help hospitals to perform quality and cost-effective gastroscopies at ease, across a wide range of care settings, such as endoscopy units, operating rooms (OR), intensive care units (ICU), emergency rooms (ER), and ambulatory surgery centers.

In April 2021, Olympus Corporation announced the expansion of its respiratory portfolio by launching the first line of single-use bronchoscopes, the H-SteriScopes. The disposable bronchoscope is available in five models with premium features that help clinicians to target, diagnose, and treat patients while enhancing workflow and productivity.

In May 2021, PENTAX Medical received CE mark for PENTAX Medical ONE Pulmo, a single-use bronchoscope with superior suction capacity and HD image quality. PENTAX Medical ONE Pulmo has features such as sterility with HD visualization, broadening the clinical applications beyond the standard disposable scope.

Thus, growing technological advancements and product launches of disposable endoscopes will propel the disposable endoscope market expansion during the forecast period.

Asia Pacific Disposable Endoscope Market Overview

The Asia Pacific disposable endoscope market is segmented into China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. China held the largest market share in 2021, and India is expected to record a significant growth rate in the market during the forecast period. The market growth in these countries is attributed to the advancements in treatment of gastrointestinal disorders and orthopedic disorders along with surge in minimally invasive surgical and diagnostic procedures in the region. Moreover, changing regulatory policies and increasing favorable reimbursement policies in the region are likely to accelerate the market growth in the future.

Asia Pacific Disposable Endoscope Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Disposable Endoscope Strategic Insights

Strategic insights for the Asia Pacific Disposable Endoscope provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Asia Pacific Disposable Endoscope Report Scope

Asia Pacific Disposable Endoscope Regional Insights

The geographic scope of the Asia Pacific Disposable Endoscope refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

Asia Pacific Disposable Endoscope Market Segmentation

The Asia Pacific disposable endoscope market is segmented based on application, end user, and country. Based on application, the Asia Pacific disposable endoscope market is segmented into GI endoscopy, bronchoscopy, urologic endoscopy, arthroscopy, proctoscopy, and others. The GI endoscopy segment held the largest market share in 2022.

Based on end user, the Asia Pacific disposable endoscope market is segmented into hospitals, diagnostic centers, and clinics. The hospitals segment held the largest market share in 2022.

Based on country, the Asia Pacific disposable endoscope market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific disposable endoscope market share in 2022.

Boston Scientific Corp; Ambu AS; Hill-Rom Services Inc.; Karl Storz SE & Co KG; Flexicare (Group) Ltd; OBP Medical Corp; Parburch Medical Developments Ltd; and Coloplast Corp are the leading companies operating in the Asia Pacific disposable endoscope market.