Global Endoscopy Devices Market 2023-2029
Endoscopies are minimally invasive and involve openings of the body such as the mouth or anus. Alternatively, they can be inserted into small incisions, for instance, in the knee or abdomen. According to latest analysis by Gen Consulting Company, the global endoscopy devices market is poised to grow by USD 20.5 billion during 2023-2029, progressing at a CAGR of 6.8% during the forecast period. The endoscopic devices market is mainly attributed to the rapidly increasing adoption of these procedures due to the growing burden of several chronic diseases, coupled with rising preference for minimally invasive surgeries and technological advancements. The increasing burden of gastrointestinal cancers worldwide has led to the increasing adoption of endoscopic procedures. The high success rates of endoscopic procedures are attributed as a key factor behind its increasing preference.The endoscopic devices market is mainly attributed to the rapidly increasing adoption of these procedures due to the growing burden of several chronic diseases, coupled with rising preference for minimally invasive surgeries and technological advancements. The increasing burden of gastrointestinal cancers worldwide has led to the increasing adoption of endoscopic procedures. The high success rates of endoscopic procedures are attributed as a key factor behind its increasing preference.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global endoscopy devices market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the technology, application, end user, and region. The global market for endoscopy devices can be segmented by technology: capsule endoscopes, flexible endoscopes, rigid endoscopes, others. The rigid endoscopes segment held the largest revenue share in 2022. Endoscopy devices market is further segmented by application: arthroscopy, ear, nose and throat (ENT) endoscopy, gastrointestinal (GI) endoscopy, gynecology endoscopy, laparoscopy, neuroendoscopy, urology endoscopy, others. Laparoscopy was the largest revenue contributor to the global endoscopy devices market in 2022 and is anticipated to show the highest growth rate during the forecast period. Based on end user, the endoscopy devices market is segmented into: ambulatory surgery centers (ASCs), hospitals, others. The hospitals segment captured the largest share of the market in 2022. On the basis of region, the endoscopy devices market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. North America was the highest contributor to the global endoscopy devices market. Going forward, Asia-Pacific is projected to witness the highest CAGR during the forecast period.
Market Segmentation
By technology: capsule endoscopes, flexible endoscopes, rigid endoscopes, others
By application: arthroscopy, ear, nose and throat (ENT) endoscopy, gastrointestinal (GI) endoscopy, gynecology endoscopy, laparoscopy, neuroendoscopy, urology endoscopy, others
By end user: ambulatory surgery centers (ASCs), hospitals, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report has also analysed the competitive landscape of the global endoscopy devices market with some of the key players being Ambu A/S, Arthrex, Inc., B. Braun Melsungen AG, Boston Scientific Corporation, CapsoVision, Inc., Check-Cap Ltd., Chongqing Jinshan Science & Technology (Group) Co., Ltd., CONMED Corporation, Cook Group Incorporated, Covidien plc (Medtronic plc), Dornier MedTech GmbH, Ecleris S.R.L., Ethicon Inc. (Johnson and Johnson), FUJIFILM Holdings Corporation, Henke Sass Wolf GmbH, Hoya Corporation (PENTAX Medical), Karl Storz SE & Co. KG, Laborie Medical Technologies Corporation (Medical Measurement Systems B.V.), Olympus Corporation, Optomic Espana, SA, OTU Medical Inc., Richard Wolf GmbH, Smith & Nephew plc, Stryker Corporation, US Endoscopy, Inc. (Steris Corporation), among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
*REQUEST FREE SAMPLE TO GET A COMPLETE LIST OF COMPANIES
Scope of the Report
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook