Despite the rising emphasis on falling reimbursements and cost containment, single-use endoscopes are growing tremendously.
FREMONT, CA: The global single-use endoscopes market size was valued at USD 1.03 billion in 2019 and is estimated to grow at a compound annual growth rate of19.8% from 2020 to 2027. Increasing occurrences of hospital-acquired infections due to contaminated endoscopes is one of the major factors attributed to this growth. Hospitals and other healthcare facilities are adopting disposable endoscopes over the reusable devices owing to a reduced risk of infection and no maintenance and reprocessing costs. Technological advancements and ongoing innovations related to single-use endoscopes are also driving product demand. Read on to know more.
Increasing usage of single-use endoscopes because of low maintenance, cleaning, and storage is significantly fuelling the product demand. The increasing prevalence of target diseases is also projected to boost its demand. The labor, costs, and staff hazards associated with reprocessing conventional endoscopes are high, and costs range between $ 140 and $ 280 per endoscope. Non-compliance to endoscope reprocessing guidelines and the failure to perform regular maintenance and evaluation may lead to cross-contamination. In light of these demerits, there are potential advantages of using disposable endoscopes in modern healthcare facilities.
The use of conventional scopes needs higher training and skills training, both for physicians and endoscopy nurses, specifically for therapeutic procedures. They offer ease of use, certain sterility, and fewer labor costs in exchange for higher purchase costs per procedure and waste disposal burden. Disposable accessories offer greater variety, complexity, and utility. They carry a cost burden that may be acceptable when the devices are complex to reprocess. They integrate features that justify the added cost, or when their unit cost approaches to purchase and reprocessing costs for reusable alternatives.
However, single-use endoscopes negate the need for cleaning machines, minimize the risk of infection, and are significantly cheaper than traditional scopes. These advantages make it impossible to deny their role in the modern healthcare setting, considering their positive impact on patient safety, and the time and financial gains that can be achieved through their use.