Cold Disposable Biopsy Forceps Market is reaching a

29 Jul.,2024

 

Cold Disposable Biopsy Forceps Market is reaching a

DUBAI, United Arab Emirates, Jan. 20, (GLOBE NEWSWIRE) -- The global demand for Cold Disposable Biopsy Forceps Market increased at 8.4% CAGR from to , from an estimated market value of around US$ 542.7 Mn in .

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According to a recent study by Future Market Insights (FMI), the Cold Disposable Biopsy Forceps Market is expected to witness high growth during the forecast period. The market value is slated to increase from US$ 505.1 Mn in to over US$ 1,215.0 Bn by at 8.4% CAGR over the forecast period (-).

Data PointsMarket InsightsCold Disposable Biopsy Forceps Market Value US$ 505.1 MnCold Disposable Biopsy Forceps Market Value US$ 1,215.0 BnCAGR -.4%
Top 5 Countries % Share66.0%
Cold Disposable Biopsy Forceps Market Key PlayersOlympus Corporation, Boston Scientific Corporation, STERIS, CONMED Corporation, Cook Medical, Micro-Tech Endoscopy, Anrei Medical and others (100% Market Share)

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The cold disposable biopsy forceps market will register high demand due to the rising prevalence bronchitis and gastrointestinal disorders such as IBD and GERD among the geriatric population and the increasing awareness towards endoscopic procedures. There is also a rise in the adoption of disposable biopsy forceps that to be reliable for test sampling expects to gain popularity.

At present, the minimally-invasive technology, with the endoscope system at the core, has been extended to obstetrics, general surgery, otolaryngology, gynecology, thoracic surgery, urology, pediatrics, and other departments. Minimally-invasive endoscopic technology has become an indispensable technology for the diagnosis and treatment of chronic diseases associated with breathing, digestion, urology, otolaryngology, and so on.

With the rising demand for endoscopic minimally-invasive technology and continuous improvement in endoscopic processing technology, endoscopic applications have become prominent in almost all departments. The growing demand for diagnosis and endoscopic treatment is expected to further boost the demand for cold disposable biopsy forceps.

Numerous recent technological advances are becoming available to endoscopists. An abundance of new imaging modalities is expected to facilitate early detection of chronic disorders and other pathological entities. Most of these techniques remain investigational and are currently in clinical trials to determine patient benefits.

Companies are expanding their product lines by manufacturing different types of products for a wide range of applications.

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Scope of the Report

AttributeDetailsForecast Period-Historical Data Available for-Market AnalysisUS$ Mn for Value, (&#;000&#; Units) for VolumeKey Regions CoveredNorth America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East & AfricaKey Countries CoveredUS, Canada,  Brazil,  Mexico, Germany, U.K., France, Italy, Spain,  BENELUX, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia and New Zealand, GCC Countries, Turkey, South Africa, and North AfricaKey Market Segments CoveredProduct, Diameter, Length, Application, End User, and RegionKey Companies Profiled
  • Olympus Corporation
  • Boston Scientific Corporation
  • STERIS
  • CONMED Corporation
  • Cook Medical
  • Micro-Tech Endoscopy
  • Anrei Medical 

For instance, Micro-Tech Endoscopy is mainly engaged in the R&D, manufacturing, and sales of minimally-invasive medical devices, in line with its mission of supporting clinicians with technology and innovation.

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Key Takeaways from Cold Disposable Biopsy Forceps Market Study

  • Oval cup forceps gained popularity and their sales are expected to grow at a CAGR of 8.8% during the forecast period.
  • 2.8 mm diameter have sharpened cups which ensure superior cutting performance and lead to fewer artefacts and less bleeding. The segment is therefore expected to account for a share of 24.9% in .
  • mm length forceps has precise jaws, no tearing and cause small wound. The segment accounted for the highest share of 37.9% in .
  • Upper GI Endoscopy dominated the application segment with the highest market share of 24.9% in .   
  • Hospitals accounted for the largest share of around 42.0% in and will remain the end user in the market.

Who is winning?

The key players are focusing on acquisitions and partnerships with small players and suppliers to increase their market presence. Besides this, they are adopting various strategies to expand their footprint. For instance:

In April , Boston Scientific Corporation closed its acquisition of NxThera. The company developed a minimally-invasive therapy the Rezūm system, for patients suffering from symptomatic benign prostatic hyperplasia. With the completion of the acquisition, NxThera became a part of Boston Scientific&#;s urology and pelvic health business. Moreover, the manufacturers are focusing on research and development activities for developing cold disposable biopsy forceps for various research applications.

In July , ChargePoint and STERIS collaborated to develop a fully validated sterile transfer solution to offer a unique and integrated solution for sterile product transfer.

Some of the leading players in the cold disposable biopsy forceps market include but are not limited to Olympus Corporation, Boston Scientific Corporation, STERIS, CONMED Corporation, Cook Medical, Micro-Tech Endoscopy, Anrei Medical and other companies.

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Cold Disposable Biopsy Forceps Market to grow at a rate of ...

According to a recent study by Future Market Insights (FMI), the cold disposable biopsy forceps market is expected to witness high growth during the forecast period. The market value is slated to increase from US$ 505.1 Mn in to over US$ 1.2 Bn by at 8.4% CAGR over the forecast period (-).

The cold disposable biopsy forceps market will register high demand due the rising prevalence bronchitis and gastrointestinal disorders such as IBD and GERD among the geriatric population and the increasing awareness towards endoscopic procedures. There is also a rise in the adoption of disposable biopsy forceps that to be reliable for test sampling expects to gain popularity.

At present, the minimally-invasive technology, with the endoscope system at the core, has been extended to obstetrics, general surgery, otolaryngology, gynecology, thoracic surgery, urology, pediatrics, and other departments. Minimally-invasive endoscopic technology has become an indispensable technology for the diagnosis and treatment of chronic diseases associated with breathing, digestion, urology, otolaryngology, and so on.

With the rising demand for&#;endoscopic minimally-invasive technology and continuous improvement in endoscopic processing technology, endoscopic applications have become prominent in almost all departments. The growing demand for diagnosis and endoscopic treatment is expected to further boost the demand for cold disposable biopsy forceps.

Numerous recent technological advances are becoming available to endoscopists. An abundance of new imaging modalities is expected to facilitate early detection of chronic disorders and other pathological entities. Most of these techniques remain investigational and are currently in clinical trials to determine patient benefits.

Companies are expanding their product lines by manufacturing different types of products for a wide range of applications.

For instance, Micro-Tech Endoscopy is mainly engaged in the R&D, manufacturing, and sales of minimally-invasive medical devices, in line with its mission of supporting clinicians with technology and innovation.

Key Takeaways from Cold Disposable Biopsy Forceps Market Study

  • Oval cup forceps gained popularity and their sales are expected to grow at a CAGR of 8.8% during the forecast period.
  • 2.8 mm diameter have sharpened cups whch ensure superior cutting performance and lead to fewer artefacts and less bleeding. The segment is therefore expected to account for a share of 24.9% in .
  • mm length forceps has precise jaws, no tearing and cause small wound. The segment accounted for the highest share of 37.9% in .
  • Upper GI Endoscopy dominated the application segment with the highest market share of 24.9% in .
  • Hospitals accounted for the largest share of around 42.0% in and will remain the end user in the market.

&#;High prevalence of conditions such as IBD and GERD and growing demand for minimally invasive endoscopic procedures are set to boost the demand for cold disposable biopsy forceps market over the next decade,&#; says the Future Market Insights analyst.

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Who is winning?

The key players are focusing on acquisitions and partnerships with small players and suppliers to increase their market presence. Besides this, they are adopting various strategies to expand their footprint. For instance:

iIn April , Boston Scientific Corporation closed its acquisition of NxThera. The company developed a minimally-invasive therapy the Rezūm system, for patients suffering from symptomatic benign prostatic hyperplasia. With the completion of the acquisition, NxThera became a part of Boston Scientific&#;s urology and pelvic health business. Moreover, the manufacturers are focusing on research and development activities for developing cold disposable biopsy forceps for various research applications.

For more information, please visit Laparoscopic Instrument.

In july , ChargePoint and STERIS collaborated to develop a fully validated sterile transfer solution to offer a unique and integrated solution for sterile product transfer.

Some of the leading players in the cold disposable biopsy forceps market include but are not limited to Olympus Corporation, Boston Scientific Corporation, STERIS, CONMED Corporation, Cook Medical, Micro-Tech Endoscopy, Anrei Medical and other companies.

Key Market Segments Covered in Cold Disposable Biopsy Forceps Industry Research

By Product:

  • Oval Cup
  • Oval Cup with Needle
  • Alligator Jaw
  • Alligator Jaw with Needle

By Diameter Size:

  • 1.2mm
  • 1.8mm
  • 2.0mm
  • 2.4mm
  • 2.8mm
  • 3.7mm

By Length:

  • mm
  • mm
  • mm

By Application:

  • Enteroscopy
  • Upper GI Endoscopy
  • Lower GI Endoscopy
  • Bronchoscopy
  • Others

By End User:

  • Enteroscopy
  • Upper GI Endoscopy
  • Lower GI Endoscopy
  • Bronchoscopy
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa (MEA)

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Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Inclusion and Exclusions

  1. Market Background

3.1. Macro-Economic Factors

3.1.1. Global GDP Growth Outlook

3.1.2. Global Healthcare Expenditure Outlook

3.1.3. Emerging Countries Healthcare and Development Outlook

3.2. Forecast Factors &#; Relevance & Impact

3.2.1. Adoption of Device Product

3.2.2. Rising Prevalence of Tumours

3.2.3. Historical growth of key players

3.2.4. New product launches and approvals

3.2.5. COVID-19 Impact

3.2.6.  Reimbursement scenario

3.2.7. Expansion by Leading Manufacturer in Emerging Geographies

3.3. Market Dynamics

3.3.1. Drivers

3.3.2. Restraints

3.3.3. Opportunity Analysis

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