Disposable Endoscopes Market Size, Share & Trends Analysis Report By Type (Laparoscopes, Arthroscopes), By End-use (Hospitals, Outpatient Facilities), By Region, And Segment Forecasts, 2024 - 2030

Research Methodology

A three-pronged approach was followed for deducing the disposable endoscopes market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for disposable endoscopes market to gather the most reliable and current information possible.

• We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
• We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
• We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
• We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
• We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of disposable endoscopes market data depending on the type of information we’re trying to uncover in our research.

• Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

• Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

• Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

• Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

• Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

• Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

• This step also entails the finalization of the report scope and data representation pattern.

• Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Disposable Endoscopes Market Categorization:

The disposable endoscopes market was categorized into three segments, namely type (Laparoscopes, Arthroscopes, Ureteroscopes, Cystoscopes, Gynecology Endoscopes, Neuroendoscopes, Bronchoscopes, Hysteroscopes, Laryngoscopes, Otoscopes, Sigmoidoscopes, Duodenoscopes, Nasopharyngoscopes, Rhinoscopes, Colonoscopes), end-use (Hospitals, Outpatient Facilities), and region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa).

Segment Market Methodology:

The disposable endoscopes market was segmented into type, end-use, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

• Demand estimation of each product across countries/regions summed up to from the total market.

• Variable analysis for demand forecast.

• Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

• Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

• Used extensively for new product forecasting or analyzing penetration levels.

• Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

• Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

• This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The disposable endoscopes market was analyzed at a regional level. The globe was divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into twenty-three countries, namely, the U.S.; Canada; the UK; Germany; France; Italy; Spain; Denmark; Norway; Sweden; India; China; Japan; Australia; South Korea; Thailand; Brazil; Mexico; Argentina; Saudi Arabia; UAE; South Africa; Kuwait.

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Disposable endoscopes market companies & financials:

The disposable endoscopes market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

• AMBU A/S - A multinational medical technology company AMBU A/S produces, develops, and vends rescue services and hospital equipment. The core function of the company is divided into three segments which include visualization, patient monitoring & diagnosis, and anesthesia. The sales force was deployed by the company across 19 nations and has its production facilities in China, Asia Pacific, Latin America, North America, and ME.

• BOSTON SCIENTIFIC CORPORATION - Manufacturing, marketing, and development of medical devices is the core function of BOSTON Scientific Corporation. The company is present across the globe in more than 100 countries. A wide range of segments including urology, neuromodulation, rhythm management, and endoscopy is catered by the company. There are four research and development centers and nine institutions of the company in various regions such as the Americas, Africa, Europe, and Asia for advanced sciences. A new manufacturing unit has recently been opened by the company in Malaysia to expand its reach.

• OBP MEDICAL CORPORATION - Specializing the single-use LED lightning technology, OBP Medical Corporation is a privately-owned Medical device company. The product portfolio of the company includes single-use illuminating devices such as ANOSPEC, ER-SPEC, SURE-SCOPE, and ONETRAC. In addition, products such as fluid management packs, endoscopic seals, vaginal exam kits, OFFICEPACK hysteroscopy kits, and IUD insertion kits are also provided by the company. The company sells its products to various hospitals, clinics, physicians, and surgery centers across the globe.

• FLEXICARE MEDICAL LIMITED - Dealing in the manufacturing and distribution of the medical devices, Flexicare is a privately owned corporation. The company is a major supplier of medical devices to private hospitals and healthcare institutions including NHS. On a daily the company serves around 399 hospitals. Through its distributors, the company has been able to make its presence in over 105 nations worldwide. Subsidiaries of the business are located in the U.S., Canada, Europe, South Korea, Australia, Malaysia, India, and MEA. The products of the company are promoted under brand names such as NasoClear, Ventimask, Dual, Dual Mask, Dual Guard, BritePro, and LarySeal, among others.

• WELCH ALLYN (HILL-ROM SERVICES INC.) - Acquired by Hill-Rom Services Inc. Welch Allyn deals in the production of medical diagnostic devices. Hill-Rom Services is a medical technology business that operates in five main segments which include advanced mobility, surgical safety & efficiency, respiratory health, patient monitoring, and wound care and prevention. The product category of Welch Allyn includes vital sign monitoring, software & services, diagnostic cardiopulmonary, thermometry, and physical assessment. A wide range of connectivity solutions are provided by the company to various community health centers, medical schools& institutions, hospitals& clinics, and clinicians offices across different nations.

• NEOSCOPE, INC. - Medical devices based on state-of-the-art technologies are marketed and developed by Neoscope for application in the treatment of urological, urogynecological, and gynecological diseases. The corporation has a specialty in providing single-use systems with built-in LED sources and CMOS sensors. The systems provided by the company are compatible with any commercially available tablets, desktops, and laptops.

• PARBURCH MEDICAL - The company designs and produces disposable medical devices. The product portfolio of Parburch Medical includes gyni procedure packs, proctology, respiratory, surgical instruments, nasal speculum, gynecological instruments, and gynecological speculum. The company has manufacturing facilities in China, UK, and Brazil. In addition, there are six distribution depots in the UK through which the company operates.

• SUNMED - SunMed is a producer and supplier of top-tier medical equipment for hospitals and healthcare institutions. The company's primary focus areas encompass airway management, respiratory, anesthesia, diagnostics, and various surgical care products. Besides the SunMed brand, the firm also markets its offerings under other brand names such as Ethox Medical and Ventlab, to name a few. SunMed caters to the needs of healthcare professionals in more than 40 countries across the globe. The firm has pioneered SunOne, an all-inclusive, single-use, fiber-optic laryngoscopy system designed to mitigate the risk of cross-contamination that comes with the use of reusable blades and handles.

• TIMESCO HEALTHCARE LTD. - Formerly known as Timesco of London, Timesco Healthcare is a manufacturer of surgical instruments. The core business areas of the company entail surgery, anesthesia, prime care, and podiatry. The products are sold by the company to NHS and other healthcare institutions. Under the anesthesia category, the business provides reusable laryngoscopes handles, laryngoscope blades, disposable laryngoscopes, disposable laryngoscope handles, disposable laryngoscope blades, disposable and reusable laryngoscope systems, and airway & respiratory management devices. Timesco Healthcare serves its customers in 65 countries across the globe.

Value chain-based sizing & forecasting

Supply Side Estimates

• Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

• Segment revenue determination via variable analysis and penetration modeling.

• Competitive benchmarking to identify market leaders and their collective revenue shares.

• Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

• Identifying parent markets and ancillary markets

• Segment penetration analysis to obtain pertinent

• revenue/volume

• Heuristic forecasting with the help of subject matter experts

• Forecasting via variable analysis

Disposable Endoscopes Market Report Objectives:

• Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

• Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

• Understanding market estimates and forecasts (with the base year as 2023, historic information from 2016 to 2022, and forecast from 2024 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Disposable Endoscopes Market Report Assumptions:

• The report provides market value for the base year 2023 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

• The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

• We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

• All market estimates and forecasts have been validated through primary interviews with the key industry participants.

• Inflation has not been accounted for to estimate and forecast the market.

• Numbers may not add up due to rounding off.

• Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

• Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

• Latin America includes Central American countries and the South American continent

• Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

• Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

• Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.