The medical markets for endoscopy imaging solutions are growing rapidly, driven by a need for minimally invasive diagnostic and therapeutic procedures, socioeconomic trends such as an aging population, and rising medical costs that are pushing procedures back into the physician’s office. Single-use endoscopes and catheters can have advantages over reuseable devices that can have sterilization issues.
Technological advances, such as OmniVision’s CMOS Chip-on-the-Tip technology, are enabling visualization of “blind” procedures. As a result, the market for these single-use endoscopes and catheters will experience double-digit growth rates for the foreseeable future.