The global duodenoscopes market size was valued at US$ 159.39 million in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 7.15% from 2022 to 2030. Duodenoscope is composed of flexible, lighted weighted tubes that are inserted through the mouth, throat, and stomach into the small intestine. Duodenoscope is a viewing endoscope which is designed side-viewing endoscope for Endoscopic Retrograde Cholangiopancreatography (ERCP) that make use of fluoroscopic imaging procedure to diagnose diseases associated with bile ducts and pancreas. Increasing prevalence of various gastrointestinal conditions including pancreatic, bile duct cancer tumors are some factors fueling the growth of the global duodenoscopes market. For instance, as per the report duodenoscopes are being used in around 500,000 gastrointestinal procedures in the U.S every year to drain fluids from biliary and pancreatic ducts. Moreover, Increasing spend on research and development to development more advance duodenoscopes to avoid transmission of infectious agent through duodenoscopes and raising FDA activities to identifying the causes and risk factors for transmission of infectious agents is another driver to drive the market.
On the other flip side, increasing evidences of transmission with hospital acquired and other infectious agents, like antibiotic drug-resistant infections restraining the growth of market. For instance, in 2013, the Centers for Disease Control and Prevention (CDC) alerted the FDA regarding incidences of multidrug resistant bacterial infections due to duodenoscopes. Nevertheless, upsurge in research in the sector enabling manufacturer to come up with novel duodenoscopes. For instance, In December 2019, the FDA had approved the first one time use fully disposable duodenoscope, manufactured by Boston Scientific. In this duodenoscopes EXALT Model D Single-Use is used which was the breakthrough device designation, since it is the first single-use duodenoscope on the market approved in the US.
The Duodenoscopes market is segmented on the basis of product type, application, procedure, end users and region. Based on the products type, the market is divided into flexible video duodenoscopes and single-use duodenoscopes. On the basis of application type, the market is segmented into diagnostic and therapeutic/treatment. Based on the procedure, the market is divided into ERCP, EUS and others. Based on the end users, the market is divided into gastroenterology clinics, hospitals and general & pediatric surgeon. Based on region, the market is studied across North America, Asia-Pacific, Europe, and LAMEA. Among that Europe held the largest share of the market, followed by America and Asia Pacific. On the other hand, North America is expected to dominate the market during the analysis of forecast period.
The key players of this market include Fujifilm Corporation, Karl Storz Endoscopy, Olympus Corporation, Ambu A/S, Boston Scientific Corporation, Hoya Corporation (Pentax Medical) and Cook Medical