Global Duodenoscopes Market
Global Duodenoscopes Market Size, Share, Growth, Industry Trends and Forecast 2020-2030
The Global Duodenoscopes Market held USD 155.8 million in 2020 and is to grow with a CAGR of 6.3% from 2020-2030. Duodenoscope is a versatile, lightweight tube that is extended through the head , chest, and stomach to the tip of the small intestine. These are specifically equipped side-viewing endoscopes for endoscopic retrograde cholangiopancreatography (ERCP) procedures that help diagnose diseases connected with pancreas and bile ducts with the aid of fluoroscopic imaging. Duodenoscope is a more advanced tool similar to other endoscopes and is difficult to clean and disinfect. While such instruments play a crucial role in the care of patients, some research has indicated that certain patients have become contaminated with hospital-borne and other infectious agent.
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Market Dynamics and Factors :
The main factors of the rise of the global duodenoscopes market are rising incidences of tumeurs in pancreatics, cancer of the bile duct and other gastrointestinal disorders. In addition, that the efforts of the FDA and CDC and working on the detection of triggers and risk factors for transmission of infectious agents through duodenoscopes and the creation of novel approaches to reduce patient exposure is another significant driver of global demand growth for duodenoscopes over the projected timeframe. Increased FDA recalls for duodenoscopes, though, attributable to difficult cleaning and high-level disinfection procedures associated with advanced duodenoscopes will certainly drive duodenoscopes market.
Market Segmentation:
Global Duodenoscopes Market – By Type
Flexible
Rigid
Global Duodenoscopes Market – By Application
Diagnostics
Therapeutics
Global Duodenoscopes Market – By End-User
Hospitals
Clinics
Ambulatory Centers
Global Duodenoscopes Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
France
Germany
Italy
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia Pacific
ROW
Latin America
Middle East
Africa
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Geographic Analysis :
North America is expected to dominate the global duodenoscopes market due to growing government focus and development in medical infrastructure. The duodenoscopes demand in Europe is expected to see rapid growth during the forecast period due to a high level of awareness of technological advances, increased affordability of healthcare services and increased expenditure on healthcare services. Developing countries in Asia Pacific are expected to witness rapid developments during the forecast period. The rise in knowledge of innovative quality assurance methods, the increase in the number of health research and development projects, the expansion of health services and the growth in participation of foreign investors are driving the demand in Asia-Pacific.
Due to less availability of medical facilities, and less development in the healthcare domain, the Middle East & Africa duodenoscopes market are expected to hold the least market share. Countries like Qatar and Kuwait, however, are focusing more on the healthcare domain and developing medical facilities which will boost this region 's market.
Competitive Scenario :
Global duodenoscopes market growth is attributed to increasing penetration of major players in the market which makes the industry competitive. Key players enhancing the global duodenoscopes market size include PENTAX Medical, KARL STORZ GmbH & Co. KG, FUJIFILM Holdings Corporation, Olympus Corporation, Custom Ultrasonics, Inc., ENDOMED, and SonoScape.
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How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global Duodenoscopes industry, although key threats, opportunities and disruptive technologies that could shape the Global Duodenoscopes Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Duodenoscopes Market most.
The data analysis present in the Global Duodenoscopes Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global Duodenoscopes Market business.
The 2021 Annual Global Duodenoscopes Market offers:
100+ charts exploring and analysing the Global Duodenoscopes Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Duodenoscopes Market type
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