What is Single Use Scopes Market?
A single-use scope is placed into the deep organ to study and study the symptoms of digestive problems such as stomach discomfort and nausea, as well as to diagnose them. The increased usage of single-use scopes in healthcare facilities has been facilitated by increased patient traffic and the advent of critical diseases. Workforces are increasingly considering Single-Use scopes as an alternative to regular endoscopes in order to save money and avoid negative environmental impact.
The market study is being classified by Type (Endoscope, Bronchoscope, Colonoscope, Duodenoscope, Ureteroscope and Proctoscope), by Application (Bronchoscopy, Pulmonology, Urologic endoscopy, Colonoscopy, Arthroscopy, GI endoscopy, ENT endoscopy and Others) and major geographies with country level break-up.
OOTU Medical Inc. (United States), 3NT Medical Ltd (Israel), Boston Scientific Corporation Inc. (United States), Coloplast A/S (Denmark), Hill Rom Holdings (United States), Prosurg Inc. (United States), Corinth MedTech Inc. (United States), Parburch Medical Developments Ltd. (United Kingdom), Ambu A/S (Denmark), KARL STORZ SE & Co. KG (Germany), HOYA Corporation (Japan), Integra LifeSciences Holdings Corporation (United States), Flexicare Medical Ltd (United Kingdom) and Integrated Endoscopy (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Roper Technologies Inc. (United States) and OBP Medical Corporation (United States).
The global Single-Use Scopes market is fragmented in nature owing to the presence of a huge number of players in the market. The players are investing in powerful, state-of-the-art control instrumentations as a result of the demand for technologically advanced products from emerging end-use industries. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Single Use Scopes market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Single Use Scopes market by Type, Application and Region.
On the basis of geography, the market of Single Use Scopes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Patient Flow and the Emergence of Critical Disease
- Spread of Transferrable Infections
Market Trend
- High Healthcare Expenditure and Availability of Technologically Advanced Products
Restraints
- Medical Waste
- Low Adoption of Single-use Scopes in the Developing Region
Opportunities
- Increased Concerns by the Patients and Healthcare Facilities regarding Cross-Contamination
- Rising R&D Investments
Challenges
- Innovation and Manufacturing of Single-Use Scopes
Market Leaders and some development strategies
In June 2019, Valtronic introduced a single-use bronchoscope to avoid infectious diseases. This bronchoscope is designed with CMOS image sensor technology and an LED light source., and In Dec 2019, Boston Scientific launched EXALT Model D Single-use Duodenoscope and gained FDA 510(k) clearance.
In 2019, the FDA approved Boston Scientific’s EXALT Model D Single-Use Duodenoscope, the first fully disposable duodenoscope., and In 2020, Ambu A/S launched its aScope, a single-use duodenoscope, and strategies to release the aScope Duo2 in 2022
Key Target Audience
Manufacturers of Single-Use Scopes, Suppliers of Single-Use Scopes, Raw Material Suppliers, Wholesalers, Distributors, and Retailers of Single-Use Scopes, Governmental Bodies, Research Firms and Potential Investors