Proctoscopes
Market: Introduction
·
Colorectal specialists perform examination
of the rectum with the help of a specialized diagnostic device called
proctoscope
·
The proctoscope is inserted into the rectum
and the specialist observes through the proctoscope tube to examine the rectum
tissue and the anal cavity. Certain minor procedures can also be performed
through the proctoscope tube.
·
The tube is fitted with a handle to hold
the instrument. Light is passed through the tube for examination of the inner
lining of the anus and the rectum. Diameter of the tube varies from product to
product.
·
The tube is sterilized and lubricated
before inserting it into the rectum. Some companies such as Griffiths and
Nielsen Ltd. have developed cable-less and self-illuminating proctoscopes,
which are designed to facilitate complete mobility during the examination and
treatment.
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Key
Drivers of Global Proctoscopes Market
·
According to recent data from American
Institute of Cancer Research, in 2018, around 37 new cases of colorectal cancer
were found in 100000 people in US alone. Higher patient pool awaiting proctoscopy
is anticipated to drive the market for proctoscope.
·
Increasing prevalence of lifestyle diseases
in adults such as colorectal cancer, colonic polyps, ulcerative colitis, rectal
bleeding, and rectal cancer are anticipated to drive the demand for proctoscopy
and subsequently, propel the market for proctoscope.
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·
Developing healthcare infrastructure,
rising focus on geriatric term care, and increasing awareness among the
population are anticipated to fuel the proctoscope market
·
Furthermore, the proctoscope is utilized in
almost all types of rectal illness requiring internal examination in adults.
This, in turn, drives the market for proctoscope.
·
Rise in investments by companies for the
development of technologically efficient instruments, strong distribution
network of these companies across the globe, and availability of well-qualified
and skilled healthcare professionals in developed countries are estimated to
propel the global proctoscopes market during the forecast period
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Restraints
of Global Proctoscopes Market
·
However, pain and irritation associated
with insertion of the proctoscope into the anus and high cost of the instrument
are expected to restrain the proctoscope market during the forecast period
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North
America to Lead Global Proctoscopes Market
·
In terms of region, the global proctoscopes
market can be segmented into North America, Europe, Asia Pacific, Latin
America, and Middle East & Africa
·
North America accounted for a leading share
of the global market in 2020, which is attributed to an increase in investments
in the healthcare sector and improved reimbursement policies in the U.S. and
Canada. The region is anticipated to lead the global market during the forecast
period also, due to strategic presence of key companies in the U.S. and Canada.
·
Europe is projected to be the
second-largest market for proctoscopes during the forecast period, owing to
emergence of local manufacturers in key countries of Europe. Moreover, high
rate of adoption of technologically advanced products and a rise in expenditure
on healthcare services are expected to fuel the global protoscopes market in
the next few years.
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·
The market in Asia Pacific is projected to
expand at a rapid pace from 2021 to 2031, due to rising prevalence of
colorectal cancer in China and Japan and improved distribution network of
proctoscope manufacturers in developing countries across Asia Pacific
·
The market in Middle East & Africa and
Latin America is likely to expand at a steady pace owing to advancing
healthcare infrastructure and sluggish economic growth in these regions during
the forecast period
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