Persistent market research release on October 20, 2021
The disposable cystoscopy market is expected to make progress based on technological advancements during the forecast period. Companies are transforming their physical aspects into technology-based aspects, that is, digital-based aspects! IoT platforms can help create digital twins of almost all physical objects, thereby shortening the life cycle of products. To expand a bit, IoT data is widely used to support sales and service departments. This is indeed the beginning! The future can witness digital adventures.
Revenue is expected to reach US$6 million by the end of 2019, and the global disposable cystoscopy market will observe impressive growth prospects at a high double-digit compound annual growth rate during the forecast period (2019-2029).
Disposable cystoscopes are mainly used for the early detection and treatment of prostate cancer and bladder cancer because they minimize the side effects associated with treatment. As the possibility of nosocomial infections is reduced, the demand for disposable cystoscopes will continue to grow.
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According to the results of a new Persistence Market Research (PMR) study, unlike traditional rigid cystoscopes, flexible cystoscopes work by combining the optical system and working/washing channels into one unit. Therefore, the latter continues to gain a preference over the former.
The flexible disposable cystoscope is thin and bendable, allowing better observation of the patient's urethra and bladder. Compared with the rigid cystoscope, the irrigation fluid flow rate of the flexible cystoscope is also about four times lower. In the near future, these factors will remain critical to maintaining the sales of disposable cystoscopy.
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Key points-market research on disposable cystoscopy
With the growing demand for cost-effective medical equipment in developing economies, disposable cystoscopy manufacturers should now focus on profits in emerging countries such as India.
Rising prevalence of urinary system diseases drives demand for advanced disposable cystoscopy
The increasing incidence of urinary system diseases creates opportunities for the introduction of advanced technology products into the disposable cystoscopy market.
Manufacturers are focusing on advanced and improved products to expand the application of disposable cystoscopes and make them more patient-friendly. For example, Coloplast launched Isiris for the global market in 2017. Uro-V is a product of Urovio, which was approved by the FDA in March 2018. Uro-V is a semi-flexible cystoscope for single use.
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Persistence Market Research’s new report on the disposable cystoscopy market provides unparalleled insights into the evolution of the disposable cystoscopy market from 2014 to 2018, based on product type (flexible disposable cystoscope and semi-flexible disposable cystoscope). Mirrors) and end users (hospitals, outpatient surgery centers, and diagnostic centers) in six major regions (North America, Latin America, Europe, Asia Pacific, and MEA).
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