Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 83.65 Million | USD 173.84 Million | CAGR at 8.47% | 2023 |
According to the report published by Zion Market Research, the global Single Use Cystoscope Market size was valued at USD 83.65 Million in 2023 and is predicted to reach USD 173.84 Million by the end of 2032. The market is expected to grow with a CAGR of 8.47% during the forecast period. The report analyzes the global Single Use Cystoscope Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Single Use Cystoscope Market industry.
A single-use cystoscope is a minimally invasive process for the diagnosis, treatment, and monitoring of the conditions affecting the prostate and bladder. People mostly adopt minimally invasive surgeries over traditional invasive surgeries due to the fact that the former needs a shorter recovery time duration along with fewer post-surgical complications. General physicians also adopt single-use cystoscopies due to the low risk of infections along with reduced reprocessing costs. Also, these single-use cystoscopes find huge applications in the diagnosis of bladder and prostate cancer because they possess their own source of light and recording advantages, permitting an urologist to have an enhanced visualization of a patient's body organs like prostate and bladder. With the help of single-use cystoscopes, urologists and physicians can examine the structure and signs of prostate and bladder cancer.
The reusable cystoscopes need reprocessing to maintain sterility after every procedure. The growing number of hospital-acquired infections along with the higher risk of cross-contamination owing to the improper reprocessing of cystoscopes devices leads to the growth of the global single-use cystoscope market vigorously. Single-use cystoscopes do not need any reprocessing and hence are disposable. Several regions all across the globe including China and India lack adequate skills and reprocessing facilities, thereby it is likely to create several growth opportunities in the global single-use cystoscope market in the forthcoming years. However, the low cost of maintenance over conventional cystoscopes will further boost the demand for single-use cystoscopes in the market.
Traditional cystoscopes were very heavy and needed a long time to set up in the procedure room. Also, the bulky cystoscopes possess huge downtime due to the fact that they need to be reprocessed and sterilized between the procedures, therefore it makes them expensive to repair and maintain. The amendment of favorable reimbursement policies in several regions like the US is likely to encourage patients to undergo cystoscopic surgeries, which in turn will boost the demand for single-use cystoscopes in the market. However, the growing investments from government and prominent market companies to launch more advanced cystoscopes in the market will further fuel the adoption of single-use cystoscopes.
The global single-use cystoscope market can be segmented into end-user, product, and region.
By end-user, the market can be segmented into diagnostic centers, ambulatory surgical centers, hospitals, and others. The hospital segment holds the largest share in the global single-use cystoscope market due to the availability of favorable reimbursement policies across several regions around the world. Moreover, the growing number of hospitals all across the globe is likely to further boost the growth of the segment in the forthcoming years. Also, patients prefer hospital-based surgeries over other available options like ambulatory surgical centers.
By product, the market can be segmented into semi-flexible and flexible video single-use cystoscopes. The flexible single-use cystoscopes segment accounts for the largest share in the global single-use cystoscope market due to the ease of use, patient-friendly nature, and easy availability of these cystoscopes.
Report Attributes | Report Details |
---|---|
Report Name | Single Use Cystoscope Market Research Report |
Market Size in 2023 | USD 83.65 Million |
Market Forecast in 2032 | USD 173.84 Million |
Growth Rate | CAGR of 8.47% |
Number of Pages | 196 |
Key Companies Covered | Wuhan Darppon Medical Technology Co., Ltd., iCLear Limited, LiNA Medical ApS, Zhuhai PUSEN Medical Technology Co., Ltd., UroViu Corporation, NeoScope, Inc., YouCare Tech, OTU Medical, Inc., Coloplast Group, Boston Scientific Corporation, and Ambu A/S. |
Segments Covered | By End-user, By Product and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America accounts for the largest share in the global single-use cystoscope market due to the presence of robust healthcare infrastructure. Moreover, the presence of favorable reimbursement policies in the region will further steer the growth of the regional market vigorously.
Asia Pacific is expected to witness a significant growth rate in forthcoming years due to the lack of proper facilities to sterilize the reusable cystoscopes in between surgical procedures. Also, the emergence of several companies in the region is likely to further fuel the growth of the regional market in the forthcoming years.
Some of the significant players in the global single-use cystoscope market are:
By End-user
By Product
What Reports Provides
FrequentlyAsked Questions
The reusable cystoscopes need reprocessing to maintain sterility after every procedure. The growing number of hospital-acquired infections along with the higher risk of cross-contamination owing to the improper reprocessing of cystoscopes devices leads to the growth of the global single-use cystoscope market vigorously. Single-use cystoscopes do not need any reprocessing and hence are disposable.
Some of the significant players in the global single-use cystoscope market are Wuhan Darppon Medical Technology Co., Ltd., iCLear Limited, LiNA Medical ApS, Zhuhai PUSEN Medical Technology Co., Ltd., UroViu Corporation, NeoScope, Inc., YouCare Tech, OTU Medical, Inc., Coloplast Group, Boston Scientific Corporation, and Ambu A/S.
North America accounts for the largest share in the global single-use cystoscope market due to the presence of robust healthcare infrastructure. Moreover, the presence of favorable reimbursement policies in the region will further steer the growth of the regional market vigorously.
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