According to the recent research report titled ‘Global Duodenoscope Market - Analysis By Type, By Treatment, By Region, By Country (2020 Edition): Market Insights and Outlook Post Covid-19 Pandemic (2020-2025)’, available with Market Study Report, global duodenoscope market was worth USD 151.23 million in 2019 and is expected to record substantial growth during 2020-2025.
 

Increasing pervasiveness of gall bladder & biliary diseases, pancreatitis, pancreatic cancer owing to smoking, obesity, and unhealthily lifestyle, technological advancements in duodenoscope design, along with surging demand for healthcare facilities are majorly driving the global duodenoscope market growth.
 

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Additionally, rising approval of innovative endoscopic surgery systems by the physicians and growing health expenditure further propel the market outlook. Besides, growing elderly population, unhealthy lifestyle choices are slated to offer numerous growth opportunities to players in this business space.
 

The outbreak of COVID-19 pandemic has had a negative impact on global duodenoscope industry due to the restrictions imposed on business activities worldwide. Moreover, patient volume has been reduced and all surgeries are put on hold due to the severity of the situation. However, the pandemic is projected to have a trivial impact on endoscopic diagnosis and treatment.
 

Based on type, global duodenoscope market is divided into flexible video duodenoscope and non-video duodenoscope. The flexible video duodenoscope segment holds major share owing to high demand for HD images that offer detailed endoscopic visualization at the time of ERCP procedures.
 

Therefore, market players are investing in research & development to introduce better duodenoscopes which can overcome the limitations associated with present duodenoscope. Thus, improved video duodenoscopes are likely to augment the industry size over the forecast timespan.
 

Speaking of treatment type, the industry is bifurcated into therapeutics and diagnostics. The diagnostic segment held significant share and value in the past as this type of treatment is widely used by physicians to identify life-threatening and serious illness at an early stage. The constant R&D in structure and designing of duodenoscope by market leaders is projected to boost the demand for duodenoscope in diagnostics.
 

Leading organizations in global duodenoscope market are Vimex Endoscopy, Boston Scientific, Custom Ultrasonics Inc., SonoScape, EndoMed Systems GmbH, Ambu, Fujifilm Holdings Corporation, Pentax Medical, Karl Storz SE & Co.KG, and Olympus Corporation.