The Asia Pacific Disposable Endoscopes Market would witness market growth of 20.2% CAGR during the forecast period (2019-2025). The adoption of disposable endoscopes is growing due to the rising prevalence of nosocomial infections in this region. In addition, an increase in the number of FDA approvals and the introduction of new products, technical advancements, an increase in healthcare spending and the existence of well-established healthcare infrastructure also drive the growth of the region as a whole to a large extent.
Innovative, cost-effective technologies are increasingly in demand. Imports of endoscopic products into Germany and Austria have been showing an exponential surge in the past few years. The share of imports from developed countries is relatively low and is expected to continue its slow growth. The leading importer is Germany, with a large import market from developed countries, making it the most important nation among these three German-speaking countries and neighbours.
The Asia Pacific region is expected to see the most rapid growth over the projected period. A rapid increase in the number of product approvals, the growing prevalence of nosocomial infections, as well as the lack of proper reprocessing procedures is driving regional development. For example, in November 2019, the FDA gave clearance to The Pentax Medical Video ED34-i10T2 Duodenoscope. This endoscope has been installed with a disposable elevator piece to reduce the parts required for cleaning and reprocessing between uses. An an article published in the Open Journal of Obstetrics and Gynecology in 2016, the health-related infections in developing countries were anticipated to be twenty times higher than in developed countries.
Based on Application, the market is segmented into Bronchoscopy, GI endoscopy, ENT Endoscopy, Urologic endoscopy, Arthroscopy and Others. Based on End Use, the market is segmented into Diagnostic Centers, Clinics and Hospitals. Based on countries, the market is segmented into China, India, Japan, Australia, South Korea, Singapore, and Rest of Asia Pacific.
Free Valuable Insights: Disposable Endoscopes Market in Asia Pacific is expected to register a CAGR of 20.2% during the forecast period (2019-2025)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ambu A/S, AllScripts Healthcare Solutions, Inc., Boston Scientific Corporation, Hill-Rom Holdings, Inc. (Welch Allyn), AirStrip Technologies, Inc., Parburch Medical Developments Ltd., OBP Medical Corporation, Flexicare Medical Ltd., Timesco Healthcare Ltd., and SunMed, LLC.
Market Segmentation:
By Application
By End Use
By Country
Companies Profiled
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