Single use cystoscope is a medical device used for diagnosis, monitoring and treatment of conditions affecting the bladder and urethra during a minimally invasive procedure. They are disposable and does not require reprocessing and cleaning between procedures. The areas that are being benefitted from single use cystoscopes product advancements are bladder cancer and prostate cancer. They have a wider application in diagnosis as they have their own source of light and recording features, allowing a better visualization of the patient's bladder and urethra, with which the urologists can observe signs of prostrate and bladder cancer.
MARKET SCOPE
The "Global Single Use Cystoscope Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the single use cystoscope market with detailed market segmentation by product type, end user, and geography. The report provides key statistics on the market status of the leading single use cystoscope market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
-Based on product type, the global single use cystoscope market is segmented into flexible single use cystoscopes and semi-flexible single use cystoscopes.
-On the basis of end-users, the market is bifurcated into hospitals, ambulatory surgical centers and diagnostic centers.
MARKET DYNAMICS
Drivers
- Rising incidence of prostate cancer and urological problems and growing aging populations are factors driving the single use cystoscope market.
- Growing demand for early detection and treatment of clinically significant prostrate and bladder cancer, reduced cost of maintenance and increased affordability of single use cystoscopes are expected to boost the growth of the market.
- Technological advancement in terms of development of imaging technology, increasing demand for minimally invasive procedures and availability of favorable reimbursements policies fuel the growth of the market.
- High risk of cross contamination and hospital acquired infections due to improper reprocessing of endoscope devices offer growth opportunity for single use cystoscope market.
Restraints
- Lack of skilled personnel in emerging economies.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The single use cystoscope market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the single use cystoscope market in these regions.
IMPACT OF COVID-19 ON SINGLE USE CYSTOSCOPE MARKET
COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. With the increase in COVID-19 cases and demand from health care, the need to reduce the level of activity in all surgical procedures was necessary. As the outbreak has introduced a lot of challenges for health care system resulting in a stepping down approach so to restrict the infection transmission, minimize the number of patients visiting the hospitals, increase bed allowance and to free staff member's inorder to dedicate them to the new COVID-19 wards to support health care demand for alternative roles. Hence, only invasive procedures that was urgent and emergency cases were allowed to be carried out and except that all other procedures were either postponed or cancelled. Therefore, as the restrictions guidelines are being lifted, the market is expected to witness growth at a steady pace in the forecast period.
MARKET PLAYERS
The report covers key developments in the single use cystoscope market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from single use cystoscope market are anticipated to have lucrative growth opportunities in the future with the rising demand for single use cystoscope in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the single use cystoscope market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
-Coloplast Group
-NeoScope Inc.
-Karl Storz
-Olympus
-Stryker Corporation
-Schoelly
-Ambu A/S
-Ackermann
-Boston Scientific Corporation
-Isiris
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.