2021 Disposable Endoscopes Market - Size, Share, COVID Impact Analysis and Forecast to 2027

The global Disposable Endoscopes Market is expected to grow from USD 904.4 million in 2020 to USD 3.4 billion in 2026 with a compounded annual growth rate (CAGR) of 24.73%.

Major Trends, Drivers & Challenges

Large unmet needs - Currently, there are only a limited number of disposable endoscopic products available in the market with many products in the pipeline stage. Though there is a demand for several disposable endoscopy products, the companies have focused only on developing endoscopic products for a few diseases.

Focus on developing cost effective products - A large number of patients are present in the Asia-Pacific region; however, the region contributed to only 19% of the market in 2019. High cost for treatment and lack of reimbursement scenarios are the primary reasons for the low market share in the region. Companies are focusing on developing cost-effective products specifically targeted at developing economies, where there is huge potential for growth.

Increasing Cases of Chronic Diseases - Cardiovascular disease is the major cause of death in the world. According to the WHO, around 17.9 million people die every year due to cardiovascular diseases. Consumption of unhealthy food, the use of tobacco products, high alcohol consumption, and lack of physical activity are the major factors contributing to the growing cardiovascular diseases.

Leading Segments Information
Gastro Intestinal remains the most dominant segment in the Disposable Endoscopes Application worldwide with 33.4% market share in 2019.
Bronchoscopy holds the highest market share globally, in volume terms.

Increasing number of bronchoscopes related infections is contributing to the growth of the segment. Additionally, the rising number of respiratory infections worldwide is a key factor that expands the demand for disposable endoscopes.

In 2019, the American Cancer Society has estimated that 80,470 people in the U.S. are diagnosed with bladder cancer. An estimated 17,670 deaths due to bladder cancer are expected to occur in 2019. Thus, demand for urology endoscopes is expected to increase over the coming years.

Disposable Endoscopes Market, By Application
- Bronchoscopy
- Urologic Endoscopy
- Arthroscopy
- GI
- Others

Disposable Endoscopes Market, By End User
- Hospitals
- Clinics
- Others

Disposable Endoscopes Market, By Region
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
Middle East and Africa (Saudi Arabia, South Africa, Rest of MEA)
South and Central America (Brazil, Argentina, Chile, Rest of SCA)
Report Scope-

The report- ‘2021 Disposable Endoscopes Market - Size, Share, COVID Impact Analysis and Forecast to 2027’ presents growth projections in the Disposable Endoscopes Market between 2021 and 2027 for companies operating across different types, applications, and end-user verticals.

Short-term and long-term trends affecting the market landscape are included in the research. Further, market drivers, restraints, and potential opportunities are also provided in the report.

The Disposable Endoscopes Market report computes the 2020 market value in revenue terms based on the average Disposable Endoscopes prices and sales/revenue models of key companies operating in the Disposable Endoscopes Industry. The study forecasts the market size to 2027 for different types of Disposable Endoscopes and provides respective market share and growth rates.

The study discusses technological innovations and the potential shift in demand among various products in the Disposable Endoscopes Market, over the forecast period. The leading five companies in the Disposable Endoscopes Industry together with their products, key strategies, and comparisons are provided.

The Disposable Endoscopes Market size, share, and outlook across different types and applications are provided at geographic levels of North America, Asia Pacific, Europe, Middle East Africa, South and Central America. Further, country-level Disposable Endoscopes Market value is also provided.

All recent developments in Disposable Endoscopes Industry including mergers, acquisitions, contract awards, licenses, product launches, and expansion plans are included in the report.

• Base Year- 2020; Forecast period: 2021- 2027
• Publication frequency- Every six months
• Research Methodology- Data triangulation with top-down and Bottom-up approach are used for market size

Scope of the Report -
• Global Disposable Endoscopes Industry size, 2020- 2027
• Market trends, drivers, restraints, and opportunities
• Porter’s Five forces analysis
• Types of Disposable Endoscopes , 2020-2027
• Disposable Endoscopes applications and end-user verticals market size, 2020- 2027
• Disposable Endoscopes Market size across countries, 2020- 2027
• 5 leading companies in the industry- overview, key strategies, financials, and products
• Latest market news and developments

Additional support -
• All the data presented in tables and charts of the report is provided in a separate Excel document
• Print authentication extended
• 10% free customization to include any specific data/analysis to match with the requirement
• 3 months of analyst support