Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Duodenoscope is commonly used to remove gallstones, heal pancreatitis, and drain bile ducts. This device is threaded through the mouth, throat, and stomach into top of the small intestine (duodenum). According to the U.S. FDA 2018 report, duodenoscopes are used in over 500,000 Endoscopic Retrograde Cholangiopancreatography (ERCP) procedures, annually in the U.S. ERCP procedure combines Upper Gastrointestinal (GI) endoscopy and x-rays to treat bile and pancreatic duct problems.

The global duodenoscopes market size was valued at US$ 146.6 million in 2019 and is expected to witness a CAGR of 6.5% over the forecast period (2020 – 2027).

Figure 1: Global Duodenoscopes Market Share (%) Analysis in Terms of value, By Product Type, 2019

Duodenoscopes  | Coherent Market Insights

Increasing prevalence of gastrointestinal, liver, and pancreatic diseases is expected to drive the duodenoscopes market revenue

Increasing prevalence of gastrointestinal, liver, and pancreatic diseases is expected to increase demand for duodenoscopes during the forecast period. For instance, according to the Center for Disease Control and Prevention report published in 2017, the number of visits to emergency departments in the U.S. was approximately 8.3 million.

According to the Journal of Gastroenterology 2018 study, Gastrointestinal (GI), liver, and pancreatic diseases are highly prevalent, costly, and lead to substantial health care utilization in the U.S. In 2018, the total expenditure for GI diseases is approximately US$ 135.9 Bn in the U.S.

Duodenoscopes Market Restraints

Stringent government regulations for devices manufacturing and marketing and high chances of infection transmission are the major factors confining the use of duodenoscopes. In March 2018, the FDA issued warning letters to manufacturers of duodenoscopes in the U.S. including Fujifilm Medical Systems USA, Inc., Olympus Medical Systems Corporation, and Pentax of America, which failed to provide sufficient data to address postmarket surveillance studies requirements under Section 522 of the Federal Food, Drug, and Cosmetic Act.

Duodenoscopes Market - Regional Insights

On the basis of region, the global duodenoscopes market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America duodenoscopes market is expected to generate highest revenue share during the forecast period, owing to increasing cases of gastroenterology diseases coupled with increasing geriatric population in the region. According to the U.S Census Bureau 2014 report, around 1 in every 5 Americans will be 65 years or older by 2030.

Asia Pacific duodenoscopes market is expected to foresee highest growth rate, owing to increasing number of endoscopic procedures being conducted in the region coupled with an increasing prevalence of GI diseases among the regional population. Changing trends of lifestyle, low fiber diet, and increasing consumption of tobacco are the major causes of GI diseases in Asia Pacific. According to the WHO 2017 data, over 30% of smokers worldwide were from Asia Pacific, of which over 80% belonged to lower income groups in the region.

Figure 2: Global Duodenoscopes Market Value (US$ Mn) & Y-o-Y Growth (%), 2016-2027

Duodenoscopes  | Coherent Market Insights

 Duodenoscopes Market - Competitive Landscape

Key players operating in the global duodenoscopes market include, Custom Ultrasonics, Inc., ENDOMED, Fujifilm Holdings Corporation, Hoya Corporation, KARL STORZ GmbH & Co. KG., Olympus Corporation, PENTAX Medical Company, and SonoScape Medical Corp.

Duodenoscopes are flexible and light-weight tubes used to treat patients undergoing Endoscopic Retrograde Cholangiopancreatography (ECRP), a major procedure to diagnose and treat problems in the pancreas and bile ducts. These procedures are highly efficient and least invasive for draining fluids from pancreatic and biliary ducts blocked by cancerous tumors, gallstones or other conditions.

Market Dynamics

Increasing incidences of bile duct and pancreatic cancer, tumors, and various gastrointestinal conditions are the major factors driving the global duodenoscopes market size. According to the American Cancer Society reports published in 2019, pancreatic cancer accounts for 3% of all cancers in the in the U.S.

However, stringent government regulations for product use and marketing and spread of infections are major restraining factors for the duodenoscopes market growth. The complex design of duodenoscopes makes it challenging to remove contaminants in comparison to other types of endoscopes. Tissue or fluid from one patient can remain in a duodenoscope, if it is not properly clean and disinfected. In some cases, this can lead into patient-to-patient infection.

Key features of the study:

  • This report provides in-depth analysis of the global duodenoscopes market, market size (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the forecast period: 2019 – 2027, considering 2018 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix 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 duodenoscopes market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
  • Key players covered as a part of this study include, Custom Ultrasonics, Inc., ENDOMED, Fujifilm Holdings Corporation, Hoya Corporation, KARL STORZ GmbH & Co. KG., Olympus Corporation, PENTAX Medical Company, and SonoScape Medical Corp.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launch, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
  • The global duodenoscopes market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors, and suppliers for duodenoscopes market, research and consulting firms, new entrants, and financial analysts

Detailed Segmentation:

  • Global Duodenoscopes Market, By Product Type:
    • Flexible Duodenoscopes
    • Rigid Duodenoscopes
  • Global Duodenoscopes Market, By Application:
    • Diagnostics
    • Therapeutics
  • Global Duodenoscopes Market, By End Use:
    • Hospital
    • Clinics
    • Ambulatory Centers
  • Global Duodenoscopes Market, By Region:
    • North America
      • By Country:
        • U.S.
        • Canada
      • By Product Type:
        • Flexible Duodenoscopes
        • Rigid Duodenoscopes
      • By Application:
        • Diagnostics
        • Therapeutics
      • By End Use:
        • Hospital
        • Clinics
        • Ambulatory Centers
    • Europe
      • By Country:
        • U.K.
        • Germany
        • Italy
        • Spain
        • France
        • Russia
        • Rest of Europe
      • By Product Type:
        • Flexible Duodenoscopes
        • Rigid Duodenoscopes
      • By Application:
        • Diagnostics
        • Therapeutics
      • By End Use:
        • Hospital
        • Clinics
        • Ambulatory Centers
    • Asia Pacific
      • By Country:
        • Australia
        • India
        • China
        • Japan
        • ASEAN
        • South Korea
        • Rest of Asia Pacific
      • By Product Type:
        • Flexible Duodenoscopes
        • Rigid Duodenoscopes
      • By Application:
        • Diagnostics
        • Therapeutics
      • By End Use:
        • Hospital
        • Clinics
        • Ambulatory Centers
    • Latin America
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
      • By Product Type:
        • Flexible Duodenoscopes
        • Rigid Duodenoscopes
      • By Application:
        • Diagnostics
        • Therapeutics
      • By End Use:
        • Hospital
        • Clinics
        • Ambulatory Centers
    • Middle East
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
      • By Product Type:
        • Flexible Duodenoscopes
        • Rigid Duodenoscopes
      • By Application:
        • Diagnostics
        • Therapeutics
      • By End Use:
        • Hospital
        • Clinics
        • Ambulatory Centers
    • Africa
      • By Country:
        • South Africa
        • Central Africa
        • North Africa
      • By Product Type:
        • Flexible Duodenoscopes
        • Rigid Duodenoscopes
      • By Application:
        • Diagnostics
        • Therapeutics
      • By End Use:
        • Hospital
        • Clinics
        • Ambulatory Centers
  • Company Profiles
    • Custom Ultrasonics, Inc.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Highlights
      • Strategies
    • ENDOMED
    • Fujifilm Holdings Corporation
    • Hoya Corporation
    • KARL STORZ GmbH & Co. KG.
    • Olympus Corporation
    • PENTAX Medical Company
    • SonoScape Medical Corp.

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

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Overview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Application
      • Market Snippet, By End Use
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Market Trends
    • Key Developments
    • Technological Advancements
    • Regulatory Landscape
    • Value Chain Analysis
    • Epidemiology Analysis
    • Porter’s Analysis
  4. Global Duodenoscopes Market, By Product Type, 2016 – 2027, (US$ Million)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Flexible Duodenoscopes
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
    • Rigid Duodenoscopes
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
  5. Global Duodenoscopes Market, By Application, 2016 – 2027, (US$ Million)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Diagnostics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
    • Therapeutics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
  6. Global Duodenoscopes Market, By End Use, 2016 – 2027, (US$ Million)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Hospitals
      •  Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
    • Clinics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
    • Ambulatory Centers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
  7. Global Duodenoscopes Market, By Region, 2016 – 2027, (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2017 – 2027
      • Regional Trends
    • North America
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By End Use, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By End Use, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By End Use, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
        • China
        • Japan
        • India
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By End Use, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By End Use, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
        • GCC Countries
        • Israel
        • Rest of Middle East
    • Africa
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Application, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By End Use, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
        • Northern Africa
        • Central Africa
        • South Africa
  8. Competitive Landscape
    • Heat Map Analysis
    • Company Profiles
      • Custom Ultrasonics, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • ENDOMED
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Fujifilm Holdings Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Hoya Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • KARL STORZ GmbH & Co. KG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Olympus Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • PENTAX Medical Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • SonoScape Medical Corp.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
    • Analyst Views
  9. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

*Browse 37 market data tables and 29 figures on "Duodenoscopes Market” - Global forecast to 2026”.

Frequently Asked Questions

The global duodenoscopes market size was valued at US$ 146.6 million in 2019 and is estimated to exhibit a CAGR of 6.6% between 2020 and 2027
Flexible duodenoscope held major market share in 2019 owing to increasing product approvals during the forecast period.
Major factors driving the growth of global duodenoscopes market during the forecast period constitutes of increasing prevalence of gastrointestinal, liver, and pancreatic diseases along with increasing product approvals from major manufacturers
Major factors hampering the growth of the duodenoscopes market during the forecast period constitutes of high chances of infection transmission and stringent regulation
North America duodenoscopes market is expected to generate highest revenue share during the forecast period
Some of the key players operating in the market are; Custom Ultrasonics, Inc., ENDOMED, Fujifilm Holdings Corporation, Hoya Corporation, KARL STORZ GmbH & Co. KG., Olympus Corporation, PENTAX Medical Company, and SonoScape Medical Corp.
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