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Duodenoscope is a reusable, illuminated tube. The global market accounted for $145 million in 2017 & is expected to reach $197 million by 2025, registering a CAGR of 3.7% from 2018 to 2025.The study shows comprehensive analysis of the key manufacturers operating globally highlights their overview & business performance.
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Overall Market Overview On Duodenoscopes Market From 2018 to 2025 - Size, Trend, Share, Opportunity Analysis, and Forecast, 2017-2025
Duodenoscopes Market Overview: Request Sample Report: The global duodenoscopes market accounted for $144.9 million in 2017 and is expected to reach $197.3 million by 2025, registering a CAGR of 3.7% from 2018 to 2025.Duodenoscope is hollow, flexible, lighted tubes threaded through the mouth, throat, and stomach during endoscopic retrograde cholangiopancreatography (ERCP). One end of the tube reaches the duodenum or small intestine and helps to diagnose problems in the pancreas and bile ducts. As per Food and Drug Administration (FDA), ERCP is the least painful procedure for draining fluids from biliary and pancreatic ducts in patients with blockages caused by cancerous tumors, gallstones, or other conditions. In addition, duodenoscopes allow doctors to execute vital, and often life-saving, diagnosis and treatments that otherwise would require abdominal surgery.
Hydraulic Power Tools Market Overview: Upsurge in the number of cases on gastrointestinal disorders such as gallstone pancreatitis, acute & chronic pancreatitis, cystic fibrosis, small bowel tumors, and others and increase in preferences toward minimally-invasive procedures drive the growth of the duodenoscopes market. In addition, the advent of technological advancements to increase the feasibility of duodenoscopes boosts the market growth. However, risk factors associated with the reusable duodenoscope regarding transmission of infectious agents coupled with stringent FDA regulations are projected to hamper the market growth. For instance, in 2013, the Centers for Disease Control and Prevention (CDC) informed the FDA regarding the probable association of multidrug resistant bacterial infections due to reuse of duodenoscopes. This finding leads to setting of certain protocols by the FDA to be followed while using duodenoscopic procedures. FDA in association with Centers for Disease Control and Prevention (CDC), and American Society for Microbiology (ASM) together with other endoscope culturing experts released voluntary standardized protocols for duodenoscope surveillance sampling and culturing.
Hydraulic Power Tools Market Overview: Moreover, several companies focus on the development of technologies for their sterilization to combat the transmission of infections due to duodenoscopes. For instance, TSO3 Inc. an innovator in sterilization technology for medical devices in collaboration with UC Health, announced the first patient procedure that was performed with a duodenoscope sterilized using STERIZONE technology, in Colorado. In addition, PENTAX Medical developed an advancement in cleaning capabilities for infection prevention and controlling the Video Duodenoscope ED34-i10T2, with the use of single-patient, sterile, and disposable elevator cap (DEC).Based on type, the duodenoscope market is bifurcated into rigid duodenoscope and flexible duodenoscope. Furthermore, by application, this market is categorized into diagnostic duodenoscope and treatment duodenoscope. Based on end user, the market is divided into hospital, clinics, and others. Based on region, it is analyzed across the North America, Europe, Asia-Pacific, and LAMEA.
Market Players The major players operating in the duodenoscopes market include Fujifilm Holdings Corporation, KARL STORZ GmbH & Co. KG., Olympus Corporation, Hoya Corporation, Boston Scientific Corporation, Conmed Corporation, Becton, Dickinson and Company, Custom Ultrasonics, Inc., B. Braun Melsungen AG, and Cook Group Incorporated.
MARKET LANDSCAPE By Type • Rigid Duodenoscope • Flexible Duodenoscope By Application Type • Diagnostic Duodenoscope • Treatment Duodenoscope By End User • Hospital • Clinic • Others
By Region North America • U.S. • Canada • Mexico Europe • Germany • France • UK • Italy • Spain • Russia • Rest of Europe Asia-Pacific • Japan • China • India • Australia • South Korea • Rest of Asia-Pacific Rest of the World • Brazil • Turkey • Venezuela • Saudi Arabia • South Africa • Rest of LAMEA
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