Endoscopy Device Market

Endoscopy devices are minimally-invasive diagnostic medical devices used to assess the internal organs of the body. These devices are used to examine unusual symptoms and to perform surgery. Such a device comprises a flexible tube with an attached camera, which allows the doctor to view potential threats to patient from disease without a large incision. Therapeutic endoscopy devices are modified with surgical instruments to carry out surgeries such as removal of kidney stones and fibroids. The procedure is associated with minimal post operation complications, thus making it the most preferred and pursued procedure in surgery and diagnostics. These devices include operative devices and visualization systems, which give direct insight of the organs for efficient treatment, unlike other medical imaging devices.

Market Dynamics

Increasing prevalence of functional gastrointestinal disorders such as stenosis, hemorrhoids, diverticular disease, colon polyps, colon cancer, etc. worldwide is expected to drive growth of the global endoscopy device market, over the forecast period. For instance, according to an article published in January, 2021 by National Center for Biotechnology Information, more than 40% of people are affected with functional gastrointestinal disorders worldwide. Endoscopic devices are used to look inside the stomach of the patients affected with gastrointestinal disorders. Increasing patients with gastrointestinal disorders is expected to drive the market growth of endoscopy device. Moreover, increasing product launch by key market players is also expected to propel growth of the global endoscopy device market. For instance, in March 2020, KARL STORZ Endoscopy-America, Inc., a endoscope manufacturer, launched TELE PACK+ compact endoscopy system.  The TELE PACK+ is a video recorder system that includes light source, camera control unit, and a display that makes it easy to perform endoscopic diagnosis and treatment, as well as picture and data management.

Key features of the study:

• This report provides in-depth analysis of the global endoscopy device market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global endoscopy device market  based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Accellent Inc., Aesculap Inc., Arthrex Inco, Boston Scientific Corporation, 3NT Medical, AnX Robotica Corporation, C.R. BARD INC, Conmed Corporation, Olympus Corporation, KARL STORZ Endoscopy-America, Inc., Cook Medical Incorporated, Richard Wolf GmbH, and Fujifilm Holding Corporation
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global endoscopy device market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global endoscopy device market

Detailed Segmentation:

• Global Endoscopy Device Market, By Product Type:
  • Rigid Endoscopes
  • Flexible Endoscopes
  • Endoscopic Visualization Systems
  • Endoscopic Accessories
• Global Endoscopy Device Market, By End User:
  • Hospitals
  • Ambulatory Surgical Centers
  • Clinics
  • Others
• Global Endoscopy Device Market, By Region:
  • North America
    • By Country
      • U.S.
      • Canada
  • Latin America
    • By Country
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
  • Europe
    • By Country
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By Country
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
  • Middle East
    • By Country
      • GCC
      • Israel
      • Rest of Middle East
  • Africa
    • By Region/Country
      • South Africa
      • Central Africa
      • North Africa
• Company Profiles
  • Accellent Inc. *
    • Company Highlights
    • Products Portfolio
    • Key Highlights
    • Financial Performance
    • Strategies
  • Aesculap Inc.
  • Arthrex Inco
  • Boston Scientific Corporation
  • 3NT Medical
  • AnX Robotica Corporation
  • R. BARD INC.
  • Conmed Corporation
  • Olympus Corporation
  • KARL STORZ Endoscopy-America, Inc.
  • Cook Medical Incorporated
  • Richard Wolf GmbH
  • Fujifilm Holding Corporation

“*” marked represents similar segmentation in other categories in the respective section.