Disposable Endoscopes Market Size, Share, Growth Analysis, By Application(Bronchoscopy, ENT Endoscopy), By End Use(Hospitals, clinics), By Region - Industry Forecast 2024-2031

With a sales share of more than 41.5% in 2021, North America dominated the global market. It is due to the widespread use of cutting-edge technologies, the presence of sophisticated infrastructure, and rising public knowledge of surgeries that require the least amount of incision possible. The regional market is also expected to be driven by the rising incidence of gastrointestinal illnesses, cancer, and the ageing population. Data from the National Cancer Institute show that in 2021, there were around 1,806,590 new cancer cases diagnosed in the United States. In addition, the Centers for Disease Control and Prevention (CDC) reports that approximately 2.4 million Americans saw doctors for digestive system problems.

Growth in the market will also be fueled by the regulatory authorities in this area boosting the number of endoscope uses they have approved. For instance, the US FDA granted 510k clearance for the single-use flexible endoscope Ambu aScope Cysto in April 2021. However, during the expected years, Asia Pacific is predicted to increase at the quickest rate. The main variables expected to propel the market in this area are improving healthcare infrastructure and lax regulatory frameworks. Additionally, it is expected that the burden of chronic diseases will increase in the area, as will awareness of the benefits of minimally invasive surgery. Highly populous nations like China and India offer a sizable target patient pool, which is also projected to fuel the expansion of the regional market.