Single Use Cystoscope Market (By Product: Flexible Cystoscope and Rigid Cystoscope; By End User: Hospitals & Clinics, Diagnostic Centers, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2021-2030

Published Date : Oct 2021 | No. of Pages : 150+ Pages | Category : Healthcare

According to the report, the single use cystoscope market size was valued at US$ 96 million in 2020 and is expected to reach US$ 150 million by 2030, expanding growth at a noteworthy CAGR of 4.4% from 2021 to 2030.

Cystoscope is a thin tube-like device used in the imaging of urethral organs such as bladder, prostate, and the urinary tract. Most often, cancers in these regions are diagnosed with the help of cystoscopy, which enables viewing the organ on a screen and helps in deciding proper treatment of the associated cancer.

Single use cystoscope is used as an alternative to reusable cystoscope due to the cost associated with the reprocessing and use of the cystoscope. Reusable cystoscope needs to be reprocessed and re-sterilized. Single use cystoscope offers benefits such as one time use and cost saving on reprocessing. Moreover, chances of cross contamination is minimized with the use of single use cystoscope.

Increase in incidence and prevalence of bladder cancer & urinary tract infections (UTIs) and cost & technology advantage of single use cystoscopes are projected to drive the global single use cystoscope market in the near future.

Single Use Cystoscopes Used with HD Displays for Video Endoscopy

Manufacturers in the single use cystoscope market are making use of sterile packaging, which helps to reallocate staff from complex, time-consuming cystoscope cleaning to more productive activities. Single use cystoscopes help to overcome procedure backlogs in urology clinics. These devices are helping to increase outpatient throughput that is not constrained by reprocessing or capital budgets. Such trends are improving urology clinic workflows and patient scheduling flexibility.

Single use cystoscope is being used in combination with high-definition displays for video endoscopy. Companies in the single use cystoscope market are gaining awareness about compact and portable units that can be easily transported throughout the hospital or from one room to another. These compact units hold potential to be connected to electronic health record/electronic medical record (EHR/EMR) systems, which facilitate image and video procedure recording for documentation or immediate review with the patient.

High Prevalence of Bladder Cancer in Men Contributes to Market Expansion

Single use cystoscopes are gaining popularity as a safe and cost efficient method of performing urology procedures. Manufacturers in the single use cystoscope market are increasing their production capabilities in portable devices that offer a practical and efficient way of performing flexible cystoscopy procedures in inpatient, outpatient, and emergency settings.

On the other hand, the high prevalence of bladder cancer among men is acting as a driver for the demand of single use cystoscopes. Med-tech companies are gaining awareness in these findings to bolster their production capacities. Since non-adherence to cystoscopy can lead to doubling of the risk of tumor progression, med-tech companies are innovating in grasper-integrated disposable flexible cystoscopes.

Increase in Incidence, Prevalence of Bladder Cancer & Urinary Tract Infections: Key Driver

  • Bladder cancer is the second most common cancer in men and the fifth leading cause of death globally. Prostate and bladder cancer diagnosis requires imaging of the required organ through a hollow tube called cystoscope. Prostate cancer incidence and mortality rates are age-related, with the highest incidence being observed in elderly men.
  • According to the GLOBOCAN 2018 estimates, 1,276,106 new cases of prostate cancer were reported globally in 2018, with higher prevalence in the developed countries. The American Cancer Society estimated 334,500 new cases and 41,800 deaths from prostate and bladder cancer for 1997.
  • Increase in incidence and prevalence of bladder cancer across the world is expected to drive the number of diagnostic procedures for bladder cancer & urinary tract infections. This is likely to propel the global single use cystoscope market in the near future.

Cost, Technology Advantage of Single Use Cystoscope: Major Driver

  • Reusable cystoscopes require reprocessing after every procedure to maintain sterility. After every procedure, reusable cystoscopes need to be sterilized, which uses capital invested for sterilization purposes.
  • Manufacturing of reusable cystoscope needs advanced technological instruments, along with their installation, maintenance, and repair, which further increases the overall cost associated with reusable cystoscope
  • Single use cystoscopes are disposable and do not require any reprocessing and cleaning between procedures, as these are disposed after single use. This saves the cost on reprocessing and repair. Moreover, the investment required for manufacturing of single use cystoscope is quite less, which is a major factor projected to contribute to the growth of the global single use cystoscope market.
  • There is no risk of cross-contamination from single use cystoscope. Reusable cystoscopes have chances of cross-contamination with other devices due to lack in reprocessing steps such as pre-cleaning, leak testing, cleaning, and disinfection for reusing the cystoscope. Reusable cystoscopes need to undergo these reprocessing steps. Improper handling in any of the steps can lead to cross-contamination and health risks. Single use cystoscope does not require any of the above procedures, as it will be disposed after single use.

Report Highlights

In terms of product, the global single use cystoscope market has been bifurcated into flexible cystoscope and rigid cystoscope. The flexible cystoscope segment account for significant share of the global single use cystoscope market in 2020. Based on end user, the global single use cystoscope market has been split into hospitals & clinics, diagnostic centers, and others. The hospitals & clinics segment held a major share of the global single use cystoscope market in 2020.

In terms of region, North America held a major share of the global single use cystoscope market in 2020. Presence of key players in the region, rise in number of diagnostic procedures using single use cystoscope, and growth strategies adopted by key players drive the single use cystoscope market in the region. Europe accounted for the second largest share of the global single use cystoscope market in 2020. The growth of the market in the region can be attributed to a well-developed healthcare infrastructure and an increase in the incidence & prevalence of urological disorders. The single use cystoscope market in Europe is likely to grow at a rapid pace during the forecast period. Technological developments in single use cystoscope is a major factor likely to propel the single use cystoscope market in the region.

Report Scope of the Single Use Cystoscope Market

Report Coverage Details
Market Size US$ 150 million by 2030
Growth Rate CAGR of 4.4% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Largest Market North America
Fastest Growing Market Asia Pacific
Companies Mentioned Ambu A/S, Boston Scientific Corporation, Coloplast Group, OTU Medical, Inc., YouCare Tech, NeoScope, Inc., UroViu Corporation, Zhuhai PUSEN Medical Technology Co., Ltd., LiNA Medical ApS, iCLear Limited, and Wuhan Darppon Medical Technology Co., Ltd.

Key Players

Key players are expanding their footprint to consolidate their positions and increase their share in the global single use cystoscope market. Hence, manufacturers engage in new product development, collaborations, and distribution to gain market share. Leading players operating in the global single use cystoscope market include Ambu A/S, Boston Scientific Corporation, Coloplast Group, OTU Medical, Inc., YouCare Tech, NeoScope, Inc., UroViu Corporation, Zhuhai PUSEN Medical Technology Co., Ltd., LiNA Medical ApS, iCLear Limited, and Wuhan Darppon Medical Technology Co., Ltd.

Global Single Use Cystoscope Market: Segmentation

Single Use Cystoscope Market, by Product

  • Flexible Cystoscope
  • Rigid Cystoscope

Single Use Cystoscope Market, by End User

  • Hospitals & Clinics
  • Diagnostic Centers
  • Others

Single Use Cystoscope Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of the Europe
  • Asia Pacific
    • Malaysia
    • Thailand
    • Indonesia
    • Vietnam
    • China
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

This report focuses on single use cystoscope market includes crucial information on market share, market size, and growth rate for the forecast period 2021 to 2030 at the global level, regional level and company level. From a global perspective, this report represents overall single use cystoscope market size by analyzing historical data and future prospect. The study highlights deep analysis on the major drivers of the market, restraints, and challenges to help the business owners, suppliers, and marketing personnel in planning effective strategies for the forecast period. This will help the business and manufacturers to lead the market and gain prominent position in future. The report also presents vital information through graphical representation on factors like table, charts, and statistics. The study includes drivers and restraints of the global single use cystoscope market.

The research not only conducts forecasts in terms of value, but also evaluates the market on the basis of essential parameters, such as Year-on-Year (Y-o-Y) growth. This helps providers to recognize the future opportunities as well predictability of the market.

In order to understand and assess opportunities in this market, the report is categorically divided into five key sections on the basis of segments. The report analyzes the global market in terms of value (US$ dollers) and volume (Million Units).

The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Every segment is further sub-segmented into several sub-segmented that are deeply analyzed by experts to offer valuable information to the buyers and market players. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Major Key Points Covered in Report:

Executive Summary: It includes key trends of the single use cystoscope market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the single use cystoscope market based on production and revenue.

Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Single use cystoscope market.

Market Segments: This part of the report discusses about product, application and other segments of the single use cystoscope market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses about the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

Regional Analysis

The research report includes a detailed study of regions of North America, Europe, China, Japan and Rest of the World. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2017 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.

The report provides in-depth segment analysis of the global single use cystoscope market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the single use cystoscope market.

The report includes country-wise and region-wise market size for the period 2017-2030. It also includes market size and forecast by segments in terms of production capacity, price and revenue for the period 2017-2030.

Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2017 to 2019.

The analysts have provided a comprehensive analysis of the competitive landscape of the global single use cystoscope market with the company market structure and market share analysis of the top players. The innovative trends and developments, mergers and acquisitions, product portfolio, and new product innovation expected to provide a dashboard view of the market, ultimately providing the readers accurate measure of the current market developments, business strategies, and key financials.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users) and other segments.

  • Company Overview
  • Company Market Share/Positioning Analysis
  • Product Offerings
  • Financial Performance
  • Recent Initiatives
  • Key Strategies Adopted by Players
  • Vendor Landscape
  • List of Suppliers
  • List of Buyers

Research Methodology

The research methodology adopted by analysts for compiling the global single use cystoscope market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global single use cystoscope market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2021) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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