HIGH REUSABLE ENDOSCOPE COSTS PAVE THE WAY FOR DISPOSABLE ENDOSCOPES

Operating Costs Represent Only a Small Portion of the Total Cost of Reusable Endoscope Procedures, According to a New Report from Millennium Research Group

November 3, 2006—Waltham, Massachusetts—Millennium Research Group (MRG), the global authority on medical technology market intelligence, has completed a thorough analysis of the per-procedure cost of reusable rigid endoscopes. By surveying operating room (OR) managers in both hospitals and ambulatory surgery centers across the US, MRG determined that the purchase cost of a rigid endoscope represents only a small portion of the total per-procedure cost of the device. According to a new MRG report entitled US Rigid Endoscope Cost Analysis, the total average cost of a reusable rigid endoscope is over $150 per procedure.

Historically, the initial purchase cost of a rigid endoscope was regarded as the most significant cost associated with the device. MRG has discovered, however, that the greatest costs associated with rigid endoscope ownership are actually attributable to scope backup, repair, refurbishment, sterilization, and OR downtime. These results are similar across all major rigid endoscope types, including laparoscopes, arthroscopes, urological rigid scopes, ENT rigid scopes, rigid bronchoscopes, and rigid hysteroscopes.

“On average, these costs contribute an additional 650% to the reusable rigid endoscope purchase cost over the lifespan of the device,” says Barbara Prud’homme, Senior Analyst at MRG. “Facilities may therefore find it less expensive to purchase disposable endoscopes.”

About Endoscopes
Endoscopes are cameras that navigate through the body. Endoscopes can be classified into two categories: flexible and rigid. The main advantage of the rigid endoscope is its enhanced image quality compared to flexible scopes of a similar diameter.

About Millennium Research Group
Millennium Research Group (www.MRG.net), a Decision Resources Group company (www.DecisionResourcesGroup.com), is the global authority on medical technology market intelligence and the leading provider of strategic information to the healthcare sector. The company provides specialized industry expertise through multiclient market research, ongoing Marketrack™ projects, customer loyalty tracking, facility-level procedure forecasting, and customized solutions.

About Decision Resources Group
Decision Resources Group is a cohesive portfolio of companies that offers best-in-class, high-value information, and insights on important sectors of the healthcare industry. Clients rely on this analysis and data to make informed decisions. Please visit Decision Resources Group at www.DecisionResourcesGroup.com.

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For more information, contact:


Christopher Comfort
Decision Resources Group
781-993-2597
ccomfort@dresources.com
Alex Jablokow
Millennium Research Group
617-599-8613
ajablokow@mrg.net





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