The Latin America, Middle East and Africa Disposable Endoscopes Market would witness market growth of 19.8% CAGR during the forecast period (2019-2025). A major factor driving demand for disposable endoscopes is the growing prevalence of nosocomial infections due to the contamination of endoscopes. Recent advancements in disposable endoscopes, particularly bronchoscopes and colonoscopies, are also expected to have a positive impact on market growth in the coming years. An increasing need for cost savings in endoscopy procedures increases the demand for disposable endoscopes, as these are more cost-effective as compared to the reusable endoscopes.
It is further anticipated that the high cost of reprocessing processes used for reusable endoscopes would drive the demand. Failure to incorporate existing reprocessing protocols and failure to comply with the reprocessing guidelines is also anticipated to raise the adoption and acceptance of disposable endoscopes. Recent technical advancements have fuelled demand for disposable endoscopes for a variety of applications in hospitals, diagnostic centers, and clinics. They are used in various specialties including ENT, gynecology, gastroenterology, urology, and proctoscopy.
These products are designed to cater for most applications like pulmonary, ENT, urology, duodenoscopy, colonoscopy, and gastroscopy, thereby further improving the marketplace of the company. A significant factor contributing to increased FDA approvals is the growing concern of regulatory bodies about the safe use of endoscopes to minimize the risk of patient infection.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Disposable Endoscopes Market in LAMEA is expected to register a CAGR of 19.8% 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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