Duodenoscopes Market - Trends, Size & Outlook (2024-2032)

Duodenoscopes Market Synopsis:

Duodenoscopes Market Size Was Valued at USD 187.3 Million in 2023, and is Projected to Reach USD 335.5 Million by 2032, Growing at a CAGR of 6.7% From 2024-2032.

The duodenoscope market defines a segment of medical instrumentation and tools used on endoscopic procedures and related diseases of the upper digestive system based on the duodenum. These devices are mainly used in Endoscopic examination known as Endoscopic Retrograde Cholangiopancreatography (ERCP) in identification of some abnormality such as bile duct stones, tumours, and acute pancreatitis. Flexible duodenoscopes whether of the endoscope type or the colonoscope type contain flexible image-enhancing systems on their distal tips and specific end-specific equipment such as side view lens to give an optimal view of the duodenum as well as the structures in the surrounding areas during various medical procedures.

The duodenoscope market has evolved significantly because of the rising incidences of digestive tract diseases, such as pancreatic, biliary, and liver cancers. As endoscopic retrograde cholangiopancreatography procedures remain the definitive approach to diagnose and manage these diseases, the need for durable and state of the art duodenoscopes has emerged. Such growth is supported by the increasing number of people with digestive system diseases due to increased aging population of the global citizens and improvements in technology that are making these devices more efficient and easier to use.

There is also a shift in the volume of minimally invasive procedures and surgeries; these being faster to recover from, associated with few complications and result in better outcomes for patients. Duodenoscopes have been on the frontline in making these techniques more achievable because they help the surgeon view internal organs via camera eye without having to make even bigger cuts on the body. Since more healthcare providers are coming to appreciate the role of these procedures in the management of many gastrointestinal disorders, demand for duodenoscopes is anticipated to rise in the future. In addition, new market players like single-use duodenoscope will emerge to enhance patients’ safety and reduce infection rates that will ultimately increase the market prospect.

Duodenoscopes Market Trend Analysis:

 Growing Shift Toward Single-Use Duodenoscopes

• One trend emerging in the market grounded on duodenoscopes is the development of disposable or single-use duodenoscopes. The design of duodenoscopes has been for reuse with many units being sanitized and cleaned thoroughly after each use and before resuse. However, such cleaning processes have been anathema for not eradicating the danger of catching an infection fully because of new forms of bugs called superbugs that cannot be killed using normal cleaning procedures. As a result of such issues, the producers are working hard to design duodenoscopes that can only be used once and then disposed of. It is proving useful in meeting infection control challenges especially where it is most needed such as in hospital and healthcare setting. Reusable duodenoscopes are also turning out to be more expensive in the long run because of the cost required for the sterilization process and their equipment. To the extent that awareness of these benefits continues to grow over time, the overall trend towards more disposables should further increase, create new growth for the business.

 Expanding Healthcare Access in Emerging Markets

• Since a large number of possible customers is located in territories that have a rapidly developing economy, such as a number of countries in Asia-Pacific and Latin America, the demand for duodenoscopes is enormous. Lifecare’s increasing established healthcare consciousness and available healthcare facilities for a wide range of diseases, specifically digestive diseases, make these regions potential markets for the duodenoscopes in the coming years. In most of these areas, the delivery of healthcare is growing more and more sophisticated, and governments and private entities are pouring a lot of money into medical equipment. Also supporting this opportunity is the fact that there are an ever-increasing number of health care professionals with endoscopy training hence the increased focus on early detection of diseases as a way of reducing healthcare cost by preventing the occurrence of diseases in the first instance. By increasing the use of more effective medical technologies such as ERCP in many healthcare centers in these areas, the duodenoscopes market will expand substantially for the manufacturers and suppliers targeting these regions.

Duodenoscopes Market Segment Analysis:

Duodenoscopes  Market is Segmented on the basis of type, application, end user, and region

By Type, Flexible Duodenoscopes, segment is expected to dominate the market during the forecast period

• Duodenoscope market has been divided into flexible duodenoscopes and rigid duodenoscopes and out of the two, it has been analyzed that the flexible duodenoscopes segment is expected to have a lions share in the duodenoscope market throughout the given period of forecast. This can be attributed to the fact that most diagnostic and therapeutic procedures; particularly; Endoscopic retrograde cholangiopancreatography (ERCP) which is acknowledged as the standard treatment for conditions such as bile duct stones, tumours, and pancreatitis amongst others. Duodenoscopes with the flexible part is much preferred due to reason discussed below. These can be more easily passed through the gastrointestinal tract, giving good images of the duodenum, the bile ducts and the pancreas. Also, rising consciousness of minimally invasive surgeries since they lessen the recovery period, incidents and are effective to the patient has also boosted the demand for flexible duodenoscopes. The use of these devices it make it easier to effect docks without having to use large cuts which makes them effective both in diagnosing and treatment.
• This flexibility is also useful for manipulation and placement since more patient comfort is provided, and occurrence of operative mishaps decreases. In addition, technological improvements in the flexible duodenoscope segment such as the imaging systems, greater flexibility of the scope and so on have put this segment on a better footing. The preceding figure shows the revenue contribution of different segments where the flexible duodenoscope segment has remained dominant due to rising demand for minimally invasive procedures worldwide.

By Application, Diagnostics, segment expected to held the largest share

• Among the segments analyzed – diagnostic and therapeutic – the former is predicted to dominate the market for duodenoscopes throughout the forecast period. This is primarily because more people are experiencing gastrointestinal conditions like bile duct obstructions, pancreatic diseases and duodenal cancers need precise diagnostic methods, detection and treatment. Duodenoscopes, especially those used in ERCP, are an invaluable diagnostic aid due to their ability to visualize the biliary and pancreatic ducts and, therefore, required for the diagnosis of conditions such as gallstones, tumours and strictures. Increased awareness of diseases in the gastrointestinal tract, especially in the early stages, has increased the need to develop effective diagnosis, and thus the use of duodenoscopes in clinics. Holding that these imaging devices offer high resolution to assist in exact diagnosis of several diseases of the upper gastrointestinal tract, including identification of potentially fatal diseases at their nascent stage, the Court found that these technologies led to a marked enhancement in patient outcomes.
• In the same way, improvements to duodenoscope design, including improved imaging and increased ease of use, have boosted its diagnostic application. With more and more healthcare organizations around the globe aiming at raising diagnostic rates and lowering the number of invasive procedures, the diagnostic application of duodenoscopes will continue to be the largest segment in the market.

Duodenoscopes Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

• According to the data of the current study, North America is projected to remain the largest consumer in the duodenoscope market in 2023, mainly because of the following factors; well-developed healthcare methods, advanced technology acceptance, and vast funding towards medical research activities. The United States especially has been forming the largest market share especially due to the high prevalence of GI diseases and the growing trend towards less invasive techniques such as ERCP.
• At the same time, the focus on patient safety and infection control has increased over the past decade in the United States, mainly due to the market trend of introducing single-use duodenoscopes, which also contribute to market progression. North America is likely to capture more than 40% of the market, due to the influential market players, well-developed infrastructure for healthcare and rising trend for quality endoscopic operations. The region is expected to maintain its share in the coming years due to constant innovation in the sector’s medical technology and with the increasing elderly population who require diagnostic services.

Active Key Players in the Duodenoscopes Market:

•  Ambu A/S (Denmark)
•  Boston Scientific Corporation (U.S.)
•  Conmed Corporation (U.S.)
•  Cook Medical (U.S.)
•  EndoChoice, Inc. (U.S.)
•  Fujifilm Holdings Corporation (Japan)
•  Hoya Corporation (Japan)
•  Intuitive Surgical (U.S.)
•  Karl Storz GmbH & Co. KG (Germany)
•  Medtronic PLC (Ireland)
•  Olympus Corporation (Japan)
•  Pentax Medical (Japan)
•  Richard Wolf GmbH (Germany)
• Smith & Nephew (U.K.)
• Stryker Corporation (U.S.)
• Other Active Players

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Duodenoscopes Market by Type
 4.1 Duodenoscopes Market Snapshot and Growth Engine
 4.2 Duodenoscopes Market Overview
 4.3 Flexible Duodenoscopes Rigid Duodenoscopes
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Flexible Duodenoscopes Rigid Duodenoscopes: Geographic Segmentation Analysis

Chapter 5: Duodenoscopes Market by Application
 5.1 Duodenoscopes Market Snapshot and Growth Engine
 5.2 Duodenoscopes Market Overview
 5.3 Diagnostics
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Diagnostics: Geographic Segmentation Analysis
 5.4 Therapeutics
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Therapeutics: Geographic Segmentation Analysis

Chapter 6: Duodenoscopes Market by End User
 6.1 Duodenoscopes Market Snapshot and Growth Engine
 6.2 Duodenoscopes Market Overview
 6.3 Hospitals
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Hospitals: Geographic Segmentation Analysis
 6.4 Clinics
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Clinics: Geographic Segmentation Analysis
 6.5 Ambulatory Centers
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Ambulatory Centers: Geographic Segmentation Analysis

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Benchmarking
  7.1.2 Duodenoscopes Market Share by Manufacturer (2023)
  7.1.3 Industry BCG Matrix
  7.1.4 Heat Map Analysis
  7.1.5 Mergers and Acquisitions  
 7.2 AMBU A/S (DENMARK)
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Role of the Company in the Market
  7.2.5 Sustainability and Social Responsibility
  7.2.6 Operating Business Segments
  7.2.7 Product Portfolio
  7.2.8 Business Performance
  7.2.9 Key Strategic Moves and Recent Developments
  7.2.10 SWOT Analysis
 7.3 BOSTON SCIENTIFIC CORPORATION (U.S.)
 7.4 CONMED CORPORATION (U.S.)
 7.5 COOK MEDICAL (U.S.)
 7.6 ENDOCHOICE INC. (U.S.)
 7.7 FUJIFILM HOLDINGS CORPORATION (JAPAN)
 7.8 HOYA CORPORATION (JAPAN)
 7.9 INTUITIVE SURGICAL (U.S.)
 7.10 KARL STORZ GMBH & CO. KG (GERMANY)
 7.11 MEDTRONIC PLC (IRELAND)
 7.12 OLYMPUS CORPORATION (JAPAN)
 7.13 PENTAX MEDICAL (JAPAN)
 7.14 RICHARD WOLF GMBH (GERMANY)
 7.15 SMITH & NEPHEW (U.K.)
 7.16 STRYKER CORPORATION (U.S.)
 7.17 OTHER ACTIVE PLAYERS

Chapter 8: Global Duodenoscopes Market By Region
 8.1 Overview
 8.2. North America Duodenoscopes Market
  8.2.1 Key Market Trends, Growth Factors and Opportunities
  8.2.2 Top Key Companies
  8.2.3 Historic and Forecasted Market Size by Segments
  8.2.4 Historic and Forecasted Market Size By Type
  8.2.4.1 Flexible Duodenoscopes Rigid Duodenoscopes
  8.2.5 Historic and Forecasted Market Size By Application
  8.2.5.1 Diagnostics
  8.2.5.2 Therapeutics
  8.2.6 Historic and Forecasted Market Size By End User
  8.2.6.1 Hospitals
  8.2.6.2 Clinics
  8.2.6.3 Ambulatory Centers
  8.2.7 Historic and Forecast Market Size by Country
  8.2.7.1 US
  8.2.7.2 Canada
  8.2.7.3 Mexico
 8.3. Eastern Europe Duodenoscopes Market
  8.3.1 Key Market Trends, Growth Factors and Opportunities
  8.3.2 Top Key Companies
  8.3.3 Historic and Forecasted Market Size by Segments
  8.3.4 Historic and Forecasted Market Size By Type
  8.3.4.1 Flexible Duodenoscopes Rigid Duodenoscopes
  8.3.5 Historic and Forecasted Market Size By Application
  8.3.5.1 Diagnostics
  8.3.5.2 Therapeutics
  8.3.6 Historic and Forecasted Market Size By End User
  8.3.6.1 Hospitals
  8.3.6.2 Clinics
  8.3.6.3 Ambulatory Centers
  8.3.7 Historic and Forecast Market Size by Country
  8.3.7.1 Russia
  8.3.7.2 Bulgaria
  8.3.7.3 The Czech Republic
  8.3.7.4 Hungary
  8.3.7.5 Poland
  8.3.7.6 Romania
  8.3.7.7 Rest of Eastern Europe
 8.4. Western Europe Duodenoscopes Market
  8.4.1 Key Market Trends, Growth Factors and Opportunities
  8.4.2 Top Key Companies
  8.4.3 Historic and Forecasted Market Size by Segments
  8.4.4 Historic and Forecasted Market Size By Type
  8.4.4.1 Flexible Duodenoscopes Rigid Duodenoscopes
  8.4.5 Historic and Forecasted Market Size By Application
  8.4.5.1 Diagnostics
  8.4.5.2 Therapeutics
  8.4.6 Historic and Forecasted Market Size By End User
  8.4.6.1 Hospitals
  8.4.6.2 Clinics
  8.4.6.3 Ambulatory Centers
  8.4.7 Historic and Forecast Market Size by Country
  8.4.7.1 Germany
  8.4.7.2 UK
  8.4.7.3 France
  8.4.7.4 The Netherlands
  8.4.7.5 Italy
  8.4.7.6 Spain
  8.4.7.7 Rest of Western Europe
 8.5. Asia Pacific Duodenoscopes Market
  8.5.1 Key Market Trends, Growth Factors and Opportunities
  8.5.2 Top Key Companies
  8.5.3 Historic and Forecasted Market Size by Segments
  8.5.4 Historic and Forecasted Market Size By Type
  8.5.4.1 Flexible Duodenoscopes Rigid Duodenoscopes
  8.5.5 Historic and Forecasted Market Size By Application
  8.5.5.1 Diagnostics
  8.5.5.2 Therapeutics
  8.5.6 Historic and Forecasted Market Size By End User
  8.5.6.1 Hospitals
  8.5.6.2 Clinics
  8.5.6.3 Ambulatory Centers
  8.5.7 Historic and Forecast Market Size by Country
  8.5.7.1 China
  8.5.7.2 India
  8.5.7.3 Japan
  8.5.7.4 South Korea
  8.5.7.5 Malaysia
  8.5.7.6 Thailand
  8.5.7.7 Vietnam
  8.5.7.8 The Philippines
  8.5.7.9 Australia
  8.5.7.10 New Zealand
  8.5.7.11 Rest of APAC
 8.6. Middle East & Africa Duodenoscopes Market
  8.6.1 Key Market Trends, Growth Factors and Opportunities
  8.6.2 Top Key Companies
  8.6.3 Historic and Forecasted Market Size by Segments
  8.6.4 Historic and Forecasted Market Size By Type
  8.6.4.1 Flexible Duodenoscopes Rigid Duodenoscopes
  8.6.5 Historic and Forecasted Market Size By Application
  8.6.5.1 Diagnostics
  8.6.5.2 Therapeutics
  8.6.6 Historic and Forecasted Market Size By End User
  8.6.6.1 Hospitals
  8.6.6.2 Clinics
  8.6.6.3 Ambulatory Centers
  8.6.7 Historic and Forecast Market Size by Country
  8.6.7.1 Turkiye
  8.6.7.2 Bahrain
  8.6.7.3 Kuwait
  8.6.7.4 Saudi Arabia
  8.6.7.5 Qatar
  8.6.7.6 UAE
  8.6.7.7 Israel
  8.6.7.8 South Africa
 8.7. South America Duodenoscopes Market
  8.7.1 Key Market Trends, Growth Factors and Opportunities
  8.7.2 Top Key Companies
  8.7.3 Historic and Forecasted Market Size by Segments
  8.7.4 Historic and Forecasted Market Size By Type
  8.7.4.1 Flexible Duodenoscopes Rigid Duodenoscopes
  8.7.5 Historic and Forecasted Market Size By Application
  8.7.5.1 Diagnostics
  8.7.5.2 Therapeutics
  8.7.6 Historic and Forecasted Market Size By End User
  8.7.6.1 Hospitals
  8.7.6.2 Clinics
  8.7.6.3 Ambulatory Centers
  8.7.7 Historic and Forecast Market Size by Country
  8.7.7.1 Brazil
  8.7.7.2 Argentina
  8.7.7.3 Rest of SA

Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies

Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research