Duodenoscopes are flexible, reusable, illuminated tubes that are used
to diagnose and treat gastrointestinal ailments of pancreas and bile
ducts. Duodenoscopes are inserted through the mouth, throat, and
stomach into the top portion of the small intestine called duodenum.
They are used during a potentially life-saving surgery called
endoscopic retrograde cholangiopancreatography (ERCP). Duodenoscopes
are used as minimally invasive technique to drain fluids from
pancreatic and biliary ducts. They play a vital role in diagnosing
and treating serious, often lethal diseases. Duodenoscopes are used
in more than 500,000 ERCP procedures in the U.S alone every year.
These are multipart instruments with more complex working parts than
conventional endoscopes. This makes them susceptible to carry
infections from one patient to another if not cleaned and disinfected
properly.
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The global duodenoscope market is expected to expand at a substantial
pace during the forecast period. Technological advancements to make
duodenoscope more applicable for healthcare are anticipated to drive
the market in the near future. Increase in prevalence of various
gastrointestinal conditions such as pancreatic and bile duct cancer
tumors is estimated to augment the demand for duodenoscope across the
world in the near future. Rapid increase in contraction of diseases
across the globe and rise in the demand for better quality control
options are augmenting the demand for duodenoscope. Rise in
initiatives by the Centers for Disease Control and Prevention (CDC)
and the U.S.FDA to improve product design in order to facilitate
better disinfection of duodenoscope thereby reducing the chances of
patient to patient infection is also expected to drive the market.
Increase in number of duodenoscope related multidrug-resistant
bacterial infections such as E. coli and Klebsiella, and the
resultant product recall are some of the factors anticipated to
hamper the market during the forecast period.
The global duodenoscope market can be segmented based on product,
application, and region. In terms of product, the market can be
bifurcated into flexible video duodenoscope and flexible non-video
duodenoscope. Based on application, the market can be divided into
diagnostic duodenoscope and treatment duodenoscope. In terms of
region, the global duodenoscope market can be segregated into North
America, Europe, Asia Pacific, Middle East & Africa, and Latin
America. North America is anticipated to account for dominant share
of the global duodenoscope market between 2017 and 2025, due to the
high adoption of duodenoscope, superior healthcare infrastructure,
advancements in technology, and increase in the number of patients
with gastrointestinal disorders in the region.
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The market in Europe is anticipated to witness rapid growth during
the forecast period owing to the high awareness about technological
advancements, increase in affordability of healthcare services, and
rise in expenditure on healthcare services. Developing countries in
Asia Pacific are expected to witness rapid development during the
forecast period. Rise in awareness about advanced quality control
practices, increase in number of healthcare research and development
programs, development of healthcare infrastructure, and growth in
interest of foreign investors are driving the market in Asia Pacific.
Countries such as China, Japan, and India are poised to be highly
promising markets for duodenoscope in Asia Pacific in the near
future. Rapid development of healthcare infrastructure, rise in
medical tourism from the Middle East and Western countries of Europe
for cheaper healthcare services, and increase in emphasis on research
and development in the healthcare sector are some of the prominent
factors for the positive outlook of the duodenoscope market.
Key players operating in the global duodenoscope market are Olympus
Corporation, PENTAX Medical Company, Fujifilm Holdings Corporation,
KARL STORZ GmbH & Co. KG., and Custom Ultrasonics, Inc.
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