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A colonoscopy is a procedure in which a doctor looks inside your rectum and colon with a scope called a colonoscopy. Colonoscopy can reveal ulcers, polyps, irritated and swollen tissue, and cancer. The market is made up of two kinds of colonoscopes: flexible video colonoscopes and non-video colonoscopes.
Due to their technological advantages and continuously improving visualization capabilities, the first group currently accounts for the vast majority of all new colonoscope sales. While these devices’ average selling prices have been steadily falling in recent years, their rising sales volume is driving aggressive market expansion.
Over a quarter of the global market is currently held by the United States. The increasing number of colonoscopies, either as the primary screening method or as a follow-up colonoscopy after a positive stool test result, is the primary driver of this expansion.
Colorectal cancer surveillance, lower gastrointestinal bleeding, anaemia, abdominal pain, constipation, chronic diarrhoea, and the evaluation, treatment, and surveillance of inflammatory bowel disease are additional indications for the use of colonoscopes.
The Global Treatment Colonoscope market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The Danish company Ambu has stated that it intends to introduce the first single-use colonoscope in the world by the end of the year. This will have a significant impact on the market for colonoscopy as a whole.
During this decade, more businesses will likely concentrate on manufacturing their own single-use colonoscopes, which not only eliminate the risk of cross-contamination but also have the potential to lower the cost of each procedure.
Olympus, Fujifilm, and Hoya (Pentax) are among the leading Japanese medical device manufacturers of colonoscopes. One more central member inside this market is Karl Storz, which likewise makes different endoscopes. According to Global Data, these companies will continue to dominate this market until at least the end of the decade.
Research and development (R&D) for improved designs and safety features will continue despite the well-established market for colonoscopes. This is because reusing colonoscopes between different patients makes it difficult to control for infection
1. How many Global Treatment Colonoscope Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Treatment Colonoscope Market and key vendor selection criteria
3. Where is the Global Treatment Colonoscope Market manufactured? What is the average margin per unit?
4. Market share of Global Treatment Colonoscope Market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Treatment Colonoscope Market in-house
6. 5 key predictions for next 5 years in Global Treatment Colonoscope Market
7. Average B-2-B Global Treatment Colonoscope Market price in all segments
8. Latest trends in Treatment Colonoscope market, by every market segment
9. The market size (both volume and value) of the Treatment Colonoscope market in 2024-2030 and every year in between?
10. Production breakup of Treatment Colonoscope market, by suppliers and their OEM relationship
