Endoscopy

Endoscopy Market Research Report: Forecast (2023-2028)

By Product (Endoscopes (Rigid, Flexible, Capsule, Robot-Assisted), Visualization System, Accessories, Others), By Application (Gastrointestinal (GI) Endoscopy, Laparoscopy, Obstetrics/ Gynecology, End Read more

  • Healthcare
  • Nov 2022
  • 188
  • HC22099

Market Definition

Endoscopy is a nonsurgical procedure conducted to examine an individual's digestive tract or any other internal tissues or organs using an endoscope, i.e., a flexible tube with a camera & light attached. This procedure is performed typically by gastroenterologists for the early diagnosis & treatment of chronic health conditions, such as GERD (Gastroesophageal Reflux Disease), stomach ulcers, celiac disease, GI (Gastrointestinal) disorders, or any other problem related to the digestive tract of an individual.

Market Insights

The Global Endoscopy Market is projected to grow at a CAGR of around 6.8% during the forecast period, i.e., 2023-28. Most of the market expansion would be driven by the rapidly increasing cases of chronic disorders and the growing awareness among patients about the availability of early detection & diagnosis of such diseases through MIS (Minimally Invasive Surgical) procedures. Besides, fast FDA approvals for endoscopes, ever-increasing expenditure on healthcare infrastructure enhancement, and improving disposable income of people to afford endoscopic procedures are other crucial aspects projected to drive the industry in the forecast period.

MIS procedures involve minimal cuts/stitches, less post-operative pain, quick recoveries, and shorter hospital stays. As a result, more & more people are showing greater interest in these procedures rather than opting for conventional open surgeries that involve long incisions, which, in turn, is augmenting the demand for endoscopes globally.

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028) 6.8%
Regions Covered North America: USA, Canada, Mexico
South America: Brazil, Argentina, Rest of South America
Europe: The UK, Germany, France, Spain, Italy, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
Middle East & Africa: Saudi Arabia, UAE, South Africa, Australia, Singapore, Rest of Middle East & Africa
Key Companies Profiled Arthrex Inc., B Braun Melsungen, Boston Scientific Corporation, CONMED Corporation, Ethicon Endo-Surgery, LLC (Johnson & Johnson), FUJIFILM Holdings Corporation, Intuitive Surgical, Inc., Karl Storz SE & Co. KG, Machida Endoscope Co., Ltd., Medtronic Plc (Covidien), Olympus Corporation, PENTAX Medical (HOYA), Richard Wolf GmbH, Smith & Nephew Plc, and Stryker Corporation
Unit Denominations USD Million/Billion

 

Moreover, the increasing number of people with Gastrointestinal (GI) diseases & obesity is another contributor to the expansion of the endoscopy industry. Functional GI disorders like Irritable Bowel Syndrome (IBS), functional constipation, or functional dyspepsia can affect any part of the GI tract, such as the esophagus, stomach, & intestines.

On the other hand, unhealthy lifestyles & poor dietary habits are stimulating the incidence of obesity and, subsequently, GI disorders like Esophageal Adenocarcinoma, Erosive Esophagitis, (GERD) Gastroesophageal Reflux Disease, and Colorectal Polyps, among others. Hence, with the increasing prevalence of such diseases, different endoscopes are being increasingly adopted by hospitals & other healthcare facilities globally.

Furthermore, the mounting demand for capsule endoscopy, transitions from reusable to disposable endoscopes, and technological advancements in robot-assisted endoscopes & AI-based devices are other prominent factors indicating profitable prospects for the global endoscopy market in the coming years.

  1. Introduction
    1. Research Process
    2. Assumption
    3. Market Segmentation
    4. Market Definition
  2. Executive Summary
  3. Global Endoscopy Market Trends & Insights
  4. Global Endoscopy Market Regulation & Policy, By Country
  5. Global Endoscopy Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  6. Global Endoscopy Market Hotspot and Opportunities
  7. Global Endoscopy Market Outlook, 2018- 2028
    1. Market Size and Analysis
      1. By Revenues in USD Million
    2. Market Share and Analysis
      1. By Product
        1. Endoscopes
          1. Rigid
          2. Flexible
          3. Capsule
          4. Robot-Assisted
        2. Visualization System
        3. Accessories
        4. Others
      2. By Application
        1. Gastrointestinal (GI) Endoscopy
        2. Laparoscopy
        3. Obstetrics/ Gynecology Endoscopy
        4. Arthroscopy
        5. Urology Endoscopy (Cystoscopy)
        6. Bronchoscopy
        7. Others (ENT Endoscopy, Neuro Endoscopy, etc.)
      3. By End-User
        1. Hospitals
        2. Ambulatory Care Centers
        3. Specialty Clinics
      4. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia-Pacific
      5. By Company
        1. Competition Characteristics
        2. Revenue Shares
        3. Competitor Placement in MarkNtel Advisor’s Quadrant
  8. North America Endoscopy Market Outlook, 2018- 2028
    1. Market Size and Analysis
      1. By Revenues in USD Million
    2. Market Share and Analysis
      1. By Product
      2. By Application
      3. By End-User
      4. By Country
        1. The US
        2. Canada
        3. Mexico
  9. South America Endoscopy Market Outlook, 2018- 2028
    1. Market Size and Analysis
      1. By Revenues in USD Million
    2. Market Share and Analysis
      1. By Product
      2. By Application
      3. By End-User
      4. By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
  10. Europe Endoscopy Market Outlook, 2018- 2028
    1. Market Size and Analysis
      1. By Revenues in USD Million
    2. Market Share and Analysis
      1. By Product
      2. By Application
      3. By End-User
      4. By Country
        1. The UK
        2. Germany
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
  11. Middle East & Africa Endoscopy Market Outlook, 2018- 2028
    1. Market Size and Analysis
      1. By Revenues in USD Million
    2. Market Share and Analysis
      1. By Product
      2. By Application
      3. By End-User
      4. By Country
        1. The UAE
        2. Saudi Arabia
        3. South Africa
        4. Rest of Middle East & Africa
  12. Asia-Pacific Endoscopy Market Outlook, 2018- 2028
    1. Market Size and Analysis
      1. By Revenues in USD Million
    2. Market Share and Analysis
      1. By Product
      2. By Application
      3. By End-User
      4. By Country
        1. China
        2. Japan
        3. India
        4. South Korea
        5. Australia
        6. Singapore
        7. Rest of Asia-Pacific
  13. Global Endoscopy Market Key Strategic Imperatives for Success and Growth
  14. Competitive Outlook
    1. Competition Matrix
      1. By Application Portfolio
      2. Brand Specialization
      3. Target Markets
      4. Target By Applications
      5. Research & Development
      6. Strategic Alliances
      7. Strategic Initiatives
    2. Company Profiles (Business Description, By Application Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Arthrex Inc.
      2. B Braun Melsungen
      3. Boston Scientific Corporation
      4. CONMED Corporation
      5. Ethicon Endo-Surgery, LLC (Johnson & Johnson)
      6. FUJIFILM Holdings Corporation
      7. Intuitive Surgical, Inc.
      8. Karl Storz SE & Co. KG
      9. Machida Endoscope Co., Ltd.
      10. Medtronic Plc (Covidien)
      11. Olympus Corporation
      12. PENTAX Medical (HOYA)
      13. Richard Wolf GmbH
      14. Smith & Nephew Plc
      15. Stryker Corporation
  15. Disclaimer
Endoscopy Market - Segmentation Slide
*This field is required