MTM(SH:688029) Chan Ye Xin Xi Wang·2025-10-12 01:12Core Insights - The article discusses the growth and advantages of single-use endoscopes, specifically focusing on single-use biliary endoscopes, which enhance the diagnosis and treatment of biliary diseases through minimally invasive procedures [1][4][5]. Group 1: Industry Overview - Biliary endoscopes allow direct observation of biliary duct lesions and facilitate procedures such as biopsy, stone removal, and dilation of strictures, significantly improving diagnostic and therapeutic efficiency [1][4]. - The global market for single-use biliary endoscopes is projected to grow from $164 million in 2018 to $416 million by 2024, achieving a compound annual growth rate (CAGR) of 16.8% [5][6]. - In China, the market for single-use biliary endoscopes is expected to expand from ¥12 million in 2018 to ¥88 million by 2024, with a remarkable CAGR of 39.9%, outpacing the global market growth [6][8]. Group 2: Market Dynamics - The single-use biliary endoscope market in China is still in its early development stage, characterized by high market concentration, with the top three companies holding 79.4% of the market share and the top five companies accounting for 93.7% [8][9]. - Domestic companies are gaining ground in the single-use biliary endoscope market, with Boston Scientific holding nearly half of the market share, while local firms like Nanwei Medical and Maiketian are rapidly increasing their market presence [8][9]. Group 3: Competitive Landscape - The competitive landscape is currently dominated by a few international medical device companies, but the single-use biliary endoscope sector is seeing a more balanced competition between domestic and international players [8][10]. - The article highlights the emergence of innovative domestic companies focusing on single-use endoscopes, with several products receiving regulatory approval [10][11]. Group 4: Future Trends - The future of the single-use biliary endoscope market is expected to be driven by increased demand for infection control, technological advancements, and supportive policies, leading to rapid global expansion [11][12]. - The integration of AI technology is anticipated to enhance the intelligence of single-use biliary endoscopes, contributing to high-quality medical development [12].