Europe Disposable Endoscope Market
The Europe disposable endoscope market is expected to grow from US$ 309.07 million in 2022 to US$ 770.99 million by 2028; it is estimated to record a CAGR of 16.5% from 2022 to 2028.
Rising Incidence of Hospital-Acquired Infections (HAI) due to Contaminated Endoscopes Drives Disposable Endoscope Market Growth
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An increase in the presence of multi-drug resistant organisms (MDRO) on contaminated endoscopes can cause hospital-acquired infections (HAI). In recent years, endoscope-associated infections (EAIs), notably those linked to the reusable endoscopes used for ERCP (e.g., duodenoscope), have been a growing concern in the healthcare system. According to an article published in the National Library of Medicine, in December 2020, the attack rates of duodenoscope-associated outbreaks were between 6% and 20%. The same report concluded that the use of contaminated duodenoscopes during ERCP procedures can cause infections in as many as 10% of procedures. According to an article published in Cambridge University Press, in March 2022, between October 2019 and September 2020, 859 and 850 samples from reprocessed TJF-Q180V and TJF-160F/VF duodenoscopes, respectively, were collected. The overall contamination rate was 5.3%, with 91 samples from both models contaminated by high-concern organisms.
Thus, there is a rising demand for disposable endoscopes across Europe to avoid the cases of HAIs and risks associated with contaminated endoscopes.
Europe Disposable Endoscope Market Overview
The Europe disposable endoscope market is segmented into Germany, the UK, Spain, Italy, France, and the Rest of Europe. The market growth in this region is attributed to the increasing prevalence of chronic diseases, rising adoption of single-use flexible endoscope, and growing product development in disposable endoscopes.
Europe Disposable Endoscope Strategic Insights
Strategic insights for the Europe 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.
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
Parburch Medical Developments Ltd
Coloplast Corp
Europe Disposable Endoscope Regional Insights
The geographic scope of the Europe 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.
Europe Disposable Endoscope Market Segmentation
The Europe disposable endoscope market is segmented based on application, end user, and country. Based on application, the Europe 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 Europe 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 Europe disposable endoscope market is segmented into Germany, the UK, France, Italy, Spain, and the Rest of Europe. Germany dominated the Europe 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; Parburch Medical Developments Ltd; and Coloplast Corp are the leading companies operating in the Europe disposable endoscope market.
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Author's Bio
Akshay
Senior Market Research Expert at Business Market Insights
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