Cystoscope is a medical device that has a thin tube with camera and a light source at the tip of device. The cystoscope is passed through the urethra into the bladder to view inside of the urinary bladder and urethra during cystoscopy. The light source at the tip of cystoscope illuminates the inside of the bladder and the camera provides real-time images on the monitor screen. The cystoscope is used to detect or diagnose, monitor, and treat causes of various urological conditions such as bleeding, urethral blockage, frequent urinary tract infection, pelvic pain, and other abnormalities of the bladder and its lining. The two main types of cystocope available in the market include rigid and flexible.

The global cystoscope market is projected to be driven by high prevalence and rise in incidences of urinary tract infections, increase in the number of prostate cancer in men, and high prevalence of urinary retention and incontinence    worldwide. It is estimated that around 200 million people worldwide are affected by urinary incontinence. Prostate cancer is the second most common cancer in men. Technological advancement in the development of imaging technology such as narrow band imaging (NBI) for effectively targeting bladder tumor biopsies is expected to create potential business development opportunities during the forecast period. Olympus Corporation is the only company that offers the NBI endoscopic with light technology for targeting bladder tumor biopsies without the need of dyes or drugs.

The global cystoscope market has been broadly segmented based on product type, technology, end-user, and geography. In terms of product type, the global cystoscope market has been bifurcated into flexible cystoscope and rigid cystoscope. The rigid cystoscope is thin and straight telescope which has been used for many years in the urology. The rigid cystoscope segment dominated the global market; however, it is projected to lose share by the end of 2025. The flexible cystoscope is a thin, flexible pencil-shaped fiber optic telescope, which bends easily and has a maneuverable tip to pass along the curves of the urethra. Flexible telescope is widely used for the diagnosis and follow up of bladder tumors. The market for flexible cystoscope is projected to expand at a considerable growth rate during the forecast period. In terms of technology, the global cystoscope market is divided into fiber optic cystoscope and video cystoscope. Traditionally, the fiber optic technology has been standard in flexible cystoscope and accounted for a key share of the global market. Video cystoscope is estimated to gain market share by the end of 2025. The end-user of cystoscope has been categorized into hospitals, ambulatory surgery centers, and specialty clinics.

Geographically, the global cystoscope market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and Europe regions dominated the global market in 2016 and are projected to maintain their leading position by the end of 2025. Large share of these regions is attributed to well-established healthcare infrastructure, early adoption of latest technology for diagnosis and treatment of various urological disorders, rising incidences of prostate cancer, and high health care expenditure. The market in Asia Pacific is estimated to expand at a substantial CAGR during the forecast period owing to rapidly improving health care facilities in emerging countries such as India, China, Singapore, and Korea, increase in access to health care and rise in adoption of cystoscope in hospitals and ambulatory surgery centers. The market in Latin America and Middle East & Africa is projected to expand at moderate pace during the forecast period. The market for cystoscope in these region is estimated to gain its market share marginally by the end of 2025.

The Stryker Corporation, Olympus Corporation, and KARL STORZ SE & Co. KG account for leading share of the global cystoscope market. The other leading players operating in the global cystoscope market include RICHARD WOLF GMBH, Advanced Endoscopy Devices, Inc., Maxer Medizintechnik GmbH.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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