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Scivita Medical enters into strategic agreement with Boston Scientific in China

29 March 2023 | News

For commercialisation, marketing and promotion of Single-Use Percutaneous Choledochoscope in China

Medical technology company Scivita Medical Technology Co. and Boston Scientific have officially signed a strategic agreement for Scivita's Single-Use Percutaneous Choledochoscope. Through this business cooperation and distribution agreement, Scivita Medical and Boston Scientific plan to establish a long-term partnership in the commercialisation, marketing and promotion of Scivita's Single-Use Percutaneous Choledochoscope in China.

Under Scivita Medical's comprehensive product lineup of reusable endoscopes, single-use videoscopes and related systems and equipment, this cooperation further broadens its market penetration of its Single-Use Percutaneous Choledochoscope. Through the strong alliance with Boston Scientific, the penetration rate of the Single-Use Percutaneous Choledochoscope in China is expected to increase benefiting more hospitals and patients.

As a result of the growing demands of mitigating the risks of cross-contamination and hospital-acquired diseases, particularly amid the outbreak of COVID-19 pandemic, the global single-use videoscope market is also rapidly growing. The global market value of single-use videoscope was $0.5 billion in 2020, and is estimated to increase to $9.2 billion in 2030, according to Frost & Sullivan. Scivita Medical's single-use videoscopes have covered multiple clinical departments at a high risk of cross-infection, such as Gynecology, Respiratory, Urological Surgery and Hepatobiliary Surgery. Many of its products have already been approved in Chinathe United States, European Union (EU), Japan and other countries and regions.

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