Steadfast Growth Of The Single-Use Scopes Market On The Anvil

New York, United States, 2022-Apr-14 — /EPR Network/ —

The global Single-Use Scopes Market is on the verge of witnessing a drastic In Upcoming Years. The digital renaissance is dictating the terms for the industry. AI-powered data core is being used for delivering insights. Also, the virtual workforce is being developed with a transfer of digital skills, that too, from a plethora of innovative ecosystems and industries. Conversational AI is being deployed for helping the end-users with timely feedback. This trend is bound to take the overall industry in a greater stride in the upcoming period.

Single-use scope inserted into the deep organ to investigate and examine the symptoms of digestive disorders, such as abdominal pain, nausea, and for diagnosis purposes. The rising patient flow and the emergence of critical diseases have facilitated a dramatic increase in the use of single-use scopes in healthcare facilities.

The increasing efforts to save cost & reduce the negative impact on the environment is pushing workforces to consider Single-Use scopes as an alternative to traditional endoscopes. Key players in the Single-Use scopes market are actively promoting and marketing their services.

This has in turn led to a rise in demand for the single-use scopes market.  A notable rise in demand for single-use scopes observed due to a rise in the spread of transferrable infections. With the rise of infectious disease like Covid-19, there is an increase in the adoption of single-use scopes like bronchoscope to avoid the risk of spread of contagion.

Increased concerns by the patients and healthcare facilities regarding cross-contamination is another factor increases sales of single-use scopes in the market. The improvement and application of disposable or single-use, medical instruments are becoming more extensive.

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Single-use devices are being gradually used globally at the expenditure of reusable equivalents across most markets and therapy areas. The key reason for this shift has been to avoid the spread of contagious diseases and to decrease the logistics essential to sterilize reusable equipment. Single-use scopes offer one-time use capability and do not need cleaning procedures or sterilization, which reverses the chance of contamination.

Healthcare experts are constantly examining the effect of industrial and regulatory assessments on the single-use scopes market. The growing frequencies of infectious diseases, increasing infectious diseases, increasing regulatory approvals and high cost of reusable endoscopes are major factors driving the single-use scopes market.

The market is anticipated to favour the growing occurrences of hospital-acquired infections (HAI) owing to the usage of contaminated endoscopes, and the lower cost associated with single-use scopes.

According to the American Journal of infection control in 2018, 71.0% of microbial growth is detected in the samples of contaminated endoscope collected for research from 3 Hospitals of the U.S. Increasing usage of single-use scopes due to the low cost of maintenance, cleaning, and storage is boosting the product sales.

Increasing contamination due to them inappropriate washing of reusable devices is also heightening the single-use scopes demand. For instance, according to the report published by nursing, the processes used for endoscope recycling are unsuccessful as per the infection control experts of the U.S.

R&D investments are anticipated to increase in all countries across the globe in the coming years, especially in countries such as Brazil, China and Japan. Moreover, globally, R&D expenditure is led by five countries- the U.S., China, Japan, Germany, and the UK. Asia is emerging as a global destination for R&D investments. India’s share is not only low but as compared to its GDP, it is negligible. NIH offers funding for several types of contracts, grants, and research programs, which also enables researchers to pay their loans.

In any single-use scope, the main challenge is to design a scope that is on par with the quality of a reusable while keeping the production costs low enough to make sense in the hospital economy. A single-use scope must cost a fraction of a reusable scope and this is an innovation and manufacturing challenges.

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Single-use scopes generate medical waste, which poses a threat to the environment. This has directed to less inclination for single-use scopes among trained healthcare professionals, which in turn hinders demand for single-use scopes. Low adoption of single-use scopes in the developing regions is expected to restrain single-use scopes market growth.

Key Segments of Global Single-Use Scopes Market Covered in the Report

Based on Product type, the Single-Use Scopes Market has been segmented as

  • Endoscope
  • Bronchoscope
  • Colonoscope
  • Duodenoscope
  • Ureteroscope
  • Proctoscope

Based on application, the Single-Use Scopes Market has been segmented as

  • Bronchoscopy
  • Pulmonology
  • Urologic endoscopy
  • Colonoscopy
  • Arthroscopy
  • GI endoscopy
  • ENT endoscopy
  • Others

Based on end-user, the Single-Use Scopes Market has been segmented as

  • Diagnostic Laboratories
  • Clinics
  • Hospitals

Based on the region, the Single-Use Scopes Market has been segmented as

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

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Competitive Landscape

  • OOTU Medical Inc.
  • 3NT Medical Ltd
  • Boston Scientific Corporation Inc.
  • Coloplast A/S
  • Hill Rom Holdings
  • Prosurg Inc.
  • Corinth MedTech Inc.
  • Parburch Medical Developments Ltd. Ambu A/S
  • KARL STORZ SE & Co. KG
  • HOYA Corporation
  • Integra LifeSciences Holdings Corporation
  • Flexicare Medical Ltd
  • Integrated Endoscopy
  • Roper Technologies Inc.
  • OBP Medical Corporation

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