At 16.2% CAGR, the South America Disposable Endoscope Market is projected to be worth US$ 213.03 million by 2028, says Business Market Insights

According to Business Market Insights’ research, the South America disposable endoscope market was valued at US$ 86.58 million in 2022 and is expected to reach US$ 213.03 million by 2028, registering a CAGR of 16.2% from 2022 to 2028. Rising incidence of hospital-acquired infections (HAI) due to contaminated endoscopes and increased focus on patient safety and workflow efficiency are the critical factors attributed to the South America disposable endoscope market expansion.             

An increase in the presence of multi-drug resistant organisms (MDRO) on contaminated endoscopes can cause hospital-acquired infections (HAI). In recent years, endoscope-associated infections (EAIs), notably those linked to the reusable endoscopes used for ERCP (e.g., duodenoscope), have been a growing concern in the healthcare system. According to an article published in the National Library of Medicine, in December 2020, the attack rates of duodenoscope-associated outbreaks were between 6% and 20%. The same report concluded that the use of contaminated duodenoscopes during ERCP procedures can cause infections in as many as 10% of procedures. The overall contamination rate was 5.3%, with 91 samples from both models contaminated by high-concern organisms.

Thus, there is a rising demand for disposable endoscopes across the South America to avoid the cases of HAIs and risks associated with contaminated endoscopes. This is expected to drive the South America disposable endoscope market during the forecast period.

On the contrary, accumulation of medical waste due to disposable endoscopes hurdles the growth of South America disposable endoscope market. 

Based on application, the South America disposable endoscope market is categorized into GI endoscopy, bronchoscopy, urologic endoscopy, arthroscopy, proctoscopy, and others. The GI endoscopy segment held 31.9% share of South America disposable endoscope market in 2022, amassing US$ 27.66 million. It is projected to garner US$ 66.99 million by 2028 to expand at 15.9% CAGR during 2022–2028.

Based on end user, the South America disposable endoscope market is categorized into hospitals, diagnostic centers, and clinics. The hospitals segment held 55.9% share of South America disposable endoscope market in 2022, amassing US$ 48.36 million. It is projected to garner US$ 121.39 million by 2028 to expand at 16.6% CAGR during 2022–2028.

Based on country, the South America disposable endoscope market has been categorized into Brazil, Argentina, and the Rest of South America. Our regional analysis states that Brazil captured 61.4% share of South America disposable endoscope market in 2022. It was assessed at US$ 53.16 million in 2022 and is likely to hit US$ 131.47 million by 2028, exhibiting a CAGR of 16.3% during the forecast period.            

Key players dominating the South America disposable endoscope market are Boston Scientific Corp; Ambu AS; Hill-Rom Services Inc.; Karl Storz SE & Co KG; Flexicare (Group) Ltd; Parburch Medical Developments Ltd; and Coloplast Corp among others.

• In Feb 2022, Ambu Announced FDA Clearance of Single-Use Gastroscope and Next-Generation Display Unit.
• In Aug 2021, KARL STORZ Announces Major Upgrade to TELE PACK.

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