North America Disposable Endoscope Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2028

Analysis - by Application (GI Endoscopy, Bronchoscopy, Urologic Endoscopy, Arthroscopy, Proctoscopy, and Others) and End User (Hospitals, Diagnostic Centers, and Clinics)


No. of Pages: 107    |    Report Code: BMIRE00028642    |    Category: Life Sciences

North America Disposable Endoscope Market
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The North America disposable endoscope market is expected to grow from US$ 532.15 million in 2022 to US$ 1,375.08 million by 2028; it is estimated to record a CAGR of 17.1% from 2022 to 2028.

Increased Focus on Patient Safety and Workflow Efficiency Bolsters North America Disposable Endoscope Market Growth

In recent years, there has been a growing awareness about the risk of cross-contamination due to reusable endoscopes which can carry harmful organisms among patients. With regard to reusable endoscopy, FDA has intensified its guidelines by issuing safety communications and highlighting risks across pulmonology, urology, ENT, and gastroenterology. Furthermore, over the past few years, there has been an increase in reusable endoscope recalls and safety warnings related to endoscope use in the urology, ENT, and gastroenterology branches. The Association for the Advancement of Medical Instrumentation (AAMI) has classified pulmonology, urology, and GI endoscopes as high-risk and has put in place highly stringent cleaning guidelines, which has increased the cost and the complexity of reusable endoscopy.

Reusable endoscope in the hospital systems requires complex reprocessing equipment, including drying equipment, and trained staff. Further, reprocessing delays, equipment downtime, endoscope breaks, and staff shortages can result in procedure delays and other inefficiencies, which can negatively impact patient care. However, single-use endoscopes are sterile and easily available.

They do not require complex reprocessing infrastructure reduces both labor and capital intensity whereas reusable endoscopes are both capital- and labor-intensive.Demand for single-use endoscopes continues to grow rapidly as healthcare professionals seek high-performing and intuitive endoscopy solutions that enhance patient safety, provide tangible workflow and efficiency benefits, and incorporate the latest technology advances.

Thus, due to an increasing focus on patient safety and workflow efficiency, the North America disposable endoscope market is growing at a rapid pace.

 

North America Disposable Endoscope Market Overview

The North America disposable endoscope market is segmented into the US, Canada, and Mexico. The market growth in this region is attributed to the increasing prevalence of chronic illnesses, rising government support, and product development in disposable endoscope market. In the US, disposable endoscopes are being adopted and marketed rapidly due to an increase in cases of gastrointestinal disorders and cancer. Endoscopic procedures have become increasingly popular in the US due to growing prevalence of respiratory and chronic illnesses, which will boost the disposable endoscope market growth in this country during the forecast period.

North America Disposable Endoscope Market Revenue and Forecast to 2028 (US$ Million)

North America Disposable Endoscope Market Revenue and Forecast to 2028 (US$ Million)
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North America Disposable Endoscope Strategic Insights

Strategic insights for the North America 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.

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North America Disposable Endoscope Report Scope

Report Attribute Details
Market size in 2022 US$ 532.15 Million
Market Size by 2028 US$ 1,375.08 Million
Global CAGR (2022 - 2028) 17.1%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Application
  • GI Endoscopy
  • Bronchoscopy
  • Urologic Endoscopy
  • Arthroscopy
  • Proctoscopy
By End User
  • Hospitals
  • Diagnostic Centers
  • Clinics
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • Boston Scientific Corp
  • Ambu AS
  • Consis Medical Ltd
  • Hill-Rom Services Inc.
  • Karl Storz SE & Co KG
  • Flexicare (Group) Ltd
  • OBP Medical Corp
  • Prosurg Inc.
  • Coloplast Corp
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    North America Disposable Endoscope Regional Insights

    The geographic scope of the North America 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.

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    North America Disposable Endoscope Market Segmentation 

    The North America disposable endoscope market is segmented on the basis of application, end user, and country. Based on application, the 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 North America 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 North America disposable endoscope market is segmented into the US, Canada, and Mexico. The US dominated the North America disposable endoscope market share in 2022.

    Boston Scientific Corp, Ambu AS, Consis Medical Ltd, Hill-Rom Services Inc., Karl Storz SE & Co KG, Flexicare (Group) Ltd, OBP Medical Corp, Prosurg Inc., and Coloplast Corp are among the leading companies operating in the North America disposable endoscope market.

    The List of Companies - North America Disposable Endoscope Market

    1. Boston Scientific Corp 
    2. Ambu AS
    3. Consis Medical Ltd
    4. Hill-Rom Services Inc.
    5. Karl Storz SE & Co KG
    6. Flexicare (Group) Ltd
    7. OBP Medical Corp
    8. Prosurg Inc.
    9. Coloplast Corp

    Frequently Asked Questions
    How big is the North America Disposable Endoscope Market?

    The North America Disposable Endoscope Market is valued at US$ 532.15 Million in 2022, it is projected to reach US$ 1,375.08 Million by 2028.

    What is the CAGR for North America Disposable Endoscope Market by (2022 - 2028)?

    As per our report North America Disposable Endoscope Market, the market size is valued at US$ 532.15 Million in 2022, projecting it to reach US$ 1,375.08 Million by 2028. This translates to a CAGR of approximately 17.1% during the forecast period.

    What segments are covered in this report?

    The North America Disposable Endoscope Market report typically cover these key segments-

    • Application (GI Endoscopy, Bronchoscopy, Urologic Endoscopy, Arthroscopy, Proctoscopy)
    • End User (Hospitals, Diagnostic Centers, Clinics)

    What is the historic period, base year, and forecast period taken for North America Disposable Endoscope Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Disposable Endoscope Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2028
  • Who are the major players in North America Disposable Endoscope Market?

    The North America Disposable Endoscope Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Boston Scientific Corp
  • Ambu AS
  • Consis Medical Ltd
  • Hill-Rom Services Inc.
  • Karl Storz SE & Co KG
  • Flexicare (Group) Ltd
  • OBP Medical Corp
  • Prosurg Inc.
  • Coloplast Corp
  • Who should buy this report?

    The North America Disposable Endoscope Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the North America Disposable Endoscope Market value chain can benefit from the information contained in a comprehensive market report.

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