The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s rigid endoscope market report forecasts the rigid endoscope market size to grow to $6.2 billion by 2027, with a CAGR (compound annual growth rate) of almost 8%.

Learn More On The Rigid Endoscope Market Report 2023 – https://www.thebusinessresearchcompany.com/report/rigid-endoscope-global-market-report

Rigid Endoscope Market Size Forecast
The global rigid endoscope market size is expected to grow from $4.22 billion in 2022 to $4.60 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global rigid endoscope market size is expected to reach $6.2 billion in 2027 at a CAGR of 7.9%.

North America held the largest hepatorenal syndrome treatment market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Rigid Endoscope Market Driver ­– Increase In The Prevalence Of Cancer And Gastrointestinal Disorders
For example, according to a report published in February 2022 by the World Health Organisation, a Switzerland-based international organisation for public health, cancer is the leading cause of death worldwide, accounting for over 10 million deaths in 2020, or roughly one in every six, with breast, lung, colon, rectum, and prostate cancers being the most common. Furthermore, according to the International Agency for Research on Cancer, gastrointestinal malignancies (GI) would account for one in every four cancer diagnoses and one in every three cancer deaths worldwide in March 2021. As a result, the rising prevalence of cancer and gastrointestinal illnesses propels the rigid endoscope market forward.

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Key Rigid Endoscope Market Trend – Product Innovations
Major market players are focusing their efforts on developing novel products in order to strengthen their market position. For example, Integrated Endoscopy, a medical device firm based in the United States, developed Gen II NUVIS, a single-use ridged endoscope, 4K, battery-operated cordless arthroscopy for arthroscopic surgical operations, in November 2022. The streamlined optical train design of the Gen II NUVIS reduces the number of optical elements by more than 60% while enhancing image quality to 4K. The image quality is better, but the Gen II NUVIS will be much faster and less expensive to construct, with access to high-volume automation. A built-in battery-powered LED replaces the lightbox and bulky light wire.

Rigid Endoscope Market Segment
1) By Types: Laparoscope, Arthroscope, Gynecological Endoscope, ENT endoscopy, Urology endoscopy, Neurology endoscopy, Other Types
2) By Hygiene: Single-use, Reprocessing, Sterilization
3) By Applications: Hospital and Clinic, Ambulatory Surgical Centre (ASC), Other Applications

Rigid Endoscope Market Major Players and Strategies
Major players in the rigid endoscope market are Stryker Corporation, Karl Storz SE & Co. KG, Richard Wolf GmbH, Olympus Corporation, Medtronic plc., CONMED Corporation, Smith & Nephew plc., B. Braun, Henke-Sass, Wolf GmbH, Ethicon Inc., Fujifilm Holdings Corporation, Integrated Endoscopy Inc., NeoScope Inc., PENTAX Medical, Optomic España, Maxer Endoscopy GmbH, Hoya Corporation, and Aesculap Inc.

Endoscopy Development Company (EDC) was acquired by Healthcare Components Group, a UK-based producer and provider of mission-critical components and solutions for the healthcare industry, for an undisclosed sum in November 2021. Through this acquisition, Healthcare Components Group wants to expand its offering of endoscope components to our clients while also providing its workers with a better opportunity for career progression in a larger and more comprehensive endoscopic business. Endoscopy Development Company (EDC) is a manufacturer of flexible and rigid endoscopy replacement parts situated in the United States.

 The Rigid Endoscope Global Market Report 2023 covers regional data on rigid endoscope market size, rigid endoscope market trends and drivers, opportunities, strategies, and rigid endoscope market competitor analysis. The countries covered in the rigid endoscope market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

An outer scope tube (or sheath), a scope body, a light guide beam interface, an eye end nozzle, and an imaging interface component with a mirror body that cannot be bent or twisted comprise a rigid endoscope. They are commonly used in minimally invasive surgical procedures.

View More Reports Related To The Rigid Endoscope Market –
Endoscopy Devices And Equipment Global Market Report 2023
Endoscope Reprocessing Global Market Report 2023
Medical And Diagnostic Laboratory Services Global Market Report 2023

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