Manufacturing Execution System in Life Sciences Companies
Medical Device

Disposable Endoscope Market – A Descriptive Analysis on Competitive Landscape in Medical Device Industry

A disposable endoscope is a single-use device intended for use on one patient during a single procedure. It has advantages such as reduced cross-contamination among patients on a large scale. These devices cannot be reprocessed and used on another patient.

Key driving factors include the factors driving the disposable endoscope market growth are the increasing healthcare expenditure to provide healthcare facilities, growing advancements in healthcare infrastructure, greater adoption of advanced technologies, and rising healthcare spending. However, the accumulation of medical waste due to disposable endoscopes hinders the disposable endoscope market growth.

Boston Scientific Corp and Ambu AS – Notable Market Players in Disposable Endoscope Market

The disposable endoscope market is majorly comprised of top players involving Boston Scientific Corp, Ambu AS, Consis Medical Ltd, Hill-Rom Services Inc, Karl Storz SE & Co KG, Flexicare (Group) Ltd, OBP Medical Corp, Parburch Medical Developments Ltd, Prosurg Inc, and Coloplast Corp. among others.

The companies listed above are implementing various strategies such as product launches, acquisitions, mergers, and partnerships, which have resulted in the company’s growth and, in turn, have brought about various changes in the worldwide market. Additionally, the companies have adopted several inorganic and organic strategies for accelerating their growth and improving their market position.

Below is the list of the growth strategies done by the players operating in the disposable endoscope market:       

Year News
Nov -2022 Boston Scientific Corporation has entered into a definitive agreement
to acquire Apollo Endosurgery, Inc. for a cash price of $10 per share,
reflecting an enterprise value of approximately $615 million.
Jan -2022 TSC Endovision, and Flexicare announced an exclusive partnership
to distribute TSC Endovision’s Broncoflex, an innovative single-use bronchoscope,
in the US market. This will allow for a good Broncoflex US market introduction
and support healthcare’s transition to single-use endoscopy.
Feb-2022 Ambu announced the 510(k) regulatory clearance of the Ambu aScope
Gastro and Ambu aBox in the United States. aScope Gastro is Ambu’s
first sterile single-use gastroscope and includes new advanced imaging
and design features in a combined solution with next-generation display
and processor technology.
Nov-2021 Coloplast has struck a €2.2 billion ($2.5 billion) takeover of Atos Medical,
giving it control of a portfolio of devices targeted at people who have their
voice boxes removed.
Aug-2021 KARL STORZ Endoscopy-America, Inc. launched the newer version of the TELE PACK+
compact endoscopy system. After the update, the endoscopy system can be linked with
StreamConnect for networking and data management.
April-2019 Neoscope2020 introduced New Neoscope Video Processing Module Module
with Light intensity control for Use with Commercial HD Video Monitors and Neoscope
Video Link Module for use with Commercial Laptop / Tablet Computers for Cost effective
& affordable treatment of Urological disorders in Physician’ Office / Surgery Centers.

 

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