Saudi Arabia Disposable Endoscopy Devices Market to grow with a CAGR of 9.45%
Increasing
healthcare infrastructure and a supportive regulatory environment are the major
drivers for the Saudi Arabia Disposable Endoscopy Devices Market.
According
to TechSci Research report, “Saudi Arabia Disposable Endoscopy Devices
Market Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2028”, Saudi Arabia Disposable
Endoscopy Devices Market is anticipated to witness an impressive growth in the
forecast period with a CAGR of 9.45% through 2028. This can be due to
collaborations and partnerships among leading companies with a diverse approach
to merge the expertise of individual companies and to strengthen their position
in the market. Infection control and safety considerations drive the demand for
Disposable Endoscopy Devices in the Saudi Arabia market, as well as in
healthcare systems worldwide. Disposable endoscopy devices eliminate the risk
of cross-contamination that is associated with reusable endoscopic instruments.
In healthcare settings, cross-contamination can lead to the transmission of
infections and diseases between patients, which poses a significant risk. The
use of disposable devices reduces this risk, making them a preferred choice for
infection control. Ensuring patient safety is a top priority in healthcare. The
risk of infections associated with endoscopic procedures can be a significant
concern. Disposable endoscopy devices help mitigate this risk, offering a safer
option for patients undergoing these procedures. Healthcare facilities are
often required to adhere to strict infection control and safety standards set
by regulatory authorities. The use of disposable devices aligns with these
standards, helping healthcare providers maintain compliance with regulations.
Reusable
endoscopic instruments require thorough and time-consuming reprocessing and
sterilization processes between patients. This can lead to errors and
inconsistencies in sterilization, posing a risk of infection. Disposable
devices simplify the process by eliminating the need for reprocessing. In
emergency situations where immediate access to sterilized endoscopy equipment
is critical, disposable devices offer a rapid and practical solution. They are
ready for use right outside of the package, ensuring that urgent procedures can
be performed without delay.
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In
August 2023, A
Saudi gastrointestinal specialist has developed an innovative solution that
could bring relief to millions of individuals suffering from acid reflux, a
condition known as GERD (Gastroesophageal Reflux Disease). GERD is a temporary
disorder characterized by the recurrent flow of stomach acid back into the
esophagus, leading to irritation of the esophageal lining. If left untreated,
it can progress into a chronic condition with severe and potentially
life-threatening consequences. The procedure involves the insertion of a specialized
device beneath the esophagus, utilizing upper gastrointestinal endoscopy. This
device acts as a valve, effectively preventing the backflow of stomach fluids
and acids. It also helps maintain optimal medication levels, minimizing side
effects, while simultaneously monitoring the condition of the esophageal tissue
to reduce the risk of esophageal cancer. Furthermore, this device facilitates
easy sample collection and initial evaluation, streamlining the process before
laboratory analysis. Supply chain disruptions pose a challenge in the Saudi
Arabia Disposable Endoscopy Devices Market. Many components and materials used
in the manufacturing of disposable endoscopy devices may be sourced globally.
This dependence on international suppliers can make the supply chain vulnerable
to disruptions, such as trade restrictions, transportation issues, or
geopolitical tensions. Saudi Arabia's vast geographical expanse and the need to
distribute medical equipment to various healthcare facilities across the
country can lead to logistical challenges. Ensuring the timely and efficient
transportation of disposable endoscopy devices is critical. Disruptions in the
supply of raw materials used in the manufacturing of disposable devices can
lead to delays in production and delivery. Shortages of key components can be a
significant challenge for manufacturers.
Saudi Arabia Disposable Endoscopy Devices Market is
segmented based on Application, End User, and by region. Based
on the Application, Saudi Arabia Disposable Endoscopy Devices Market is
segmented into Gastroenterology, Urology, ENT, Gynecology, Colonoscopy, Others.
A colonoscopy is a medical procedure
that involves the examination of the colon, also known as the large intestine
or large bowel, using a specialized instrument called a colonoscope. The
primary purpose of a colonoscopy is to diagnose and screen for various
colorectal conditions, including colorectal cancer, polyps, inflammatory bowel
disease, and other gastrointestinal disorders. Before the procedure, the patient is required to undergo thorough bowel
preparation. This typically involves a clear liquid diet for a day or two
before the colonoscopy, along with the consumption of a laxative solution or
pills to empty the colon. This preparation ensures that the colon is clear and
allows for better visualization during the procedure. The patient is positioned on their left side
on an examination table. They may be given sedation or anesthesia to help them
relax and reduce discomfort during the procedure.
Based on Region, Northern &
Central region held the largest share
in the Saudi Arabia Disposable Endoscopy Devices Market. These regions
tend to have a higher concentration of healthcare professionals, specialists,
and experts. Access to expertise in the field of gastroenterology and endoscopy
can promote the adoption of the latest technologies and devices. Government
healthcare policies and initiatives often focus on improving healthcare access
and infrastructure. Central and Northern regions may benefit from such
policies, leading to more significant investments in healthcare equipment and
services. These regions host leading educational and research institutions that
collaborate with healthcare facilities. Research activities can drive the
adoption of cutting-edge medical technologies like disposable endoscopy
devices. Urban centers in the Northern and Central regions tend to have a
higher level of patient awareness about healthcare options and medical
advancements. This awareness can result in a greater demand for advanced
medical procedures, including endoscopy.
Some of the major companies
operating in the Saudi Arabia Disposable
Endoscopy Devices Market include:
- Karl
Storz Saudi Arabia
- Ambu
A/S
- Hill-Rom
Company, Inc.
- Sunmed
(MediServ)
- Flexicare
Medical Ltd.
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“Certain areas, particularly in North America, are
projected to exert significant demand for Disposable Endoscopy Devices. The
growth in the competitive landscape and the presence of well-established
companies in the market, committed to enhance the overall wellbeing of people each
year, are expected to contribute to a remarkable growth of the Saudi Arabia Disposable
Endoscopy Devices Market in the forecast period," said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based Global management
consulting firm.
Saudi Arabia Disposable Endoscopy
Devices Market by Application (Gastroenterology, Urology, ENT, Gynecology,
Colonoscopy, Others), By End User (Hospitals & Clinics, Diagnostic Centers,
Others), By Region, By Competition Forecast &
Opportunities, 2018-2028F has
evaluated the future growth potential of Saudi Arabia Disposable Endoscopy
Devices Market and provides statistics & information on market size, structure,
and future market growth. The report intends to provide innovative market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Saudi Arabia Disposable
Endoscopy Devices Market.
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