Global Gastrointestinal Endoscopy Market 2023-2029
Gastrointestinal endoscopy is a medical procedure used to inspect and diagnose disorders of the gastrointestinal (GI) tract, which includes the esophagus, stomach, small intestine, and colon. Gastrointestinal endoscopy is performed using a flexible endoscope, which is a long, thin tube with a tiny camera and light at the end. The endoscope is inserted through the mouth or anus, and allows for the visual inspection and sometimes removal of abnormal tissue or growths. The global gastrointestinal endoscopy market is expected to increase by USD 8.1 billion, at a compound annual growth rate (CAGR) of 7.13% from 2023 to 2029, according to the latest edition of the Global Gastrointestinal Endoscopy Market Report. The increasing prevalence of diseases such as gastroesophageal reflux disease (GERD), inflammatory bowel disease (IBD), and colorectal cancer is driving the demand for gastrointestinal endoscopy procedures. In addition, the global aging population is a significant driver of the gastrointestinal endoscopy market since older adults are more prone to gastrointestinal diseases and disorders.The increasing prevalence of diseases such as gastroesophageal reflux disease (GERD), inflammatory bowel disease (IBD), and colorectal cancer is driving the demand for gastrointestinal endoscopy procedures. In addition, the global aging population is a significant driver of the gastrointestinal endoscopy market since older adults are more prone to gastrointestinal diseases and disorders.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global gastrointestinal endoscopy 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 type, end user, and region. The global market for gastrointestinal endoscopy can be segmented by type: gastrointestinal endoscopes and endoscopic systems, gastrointestinal endotherapy. The gastrointestinal endotherapy segment was the largest contributor to the global gastrointestinal endoscopy market in 2022. Gastrointestinal endoscopy market is further segmented by end user: hospitals, ambulatory surgery centers, others. According to the research, the hospitals segment had the largest share in the global gastrointestinal endoscopy market. Based on region, the gastrointestinal endoscopy market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. North America held the largest revenue share in 2022.
The gastrointestinal endotherapy market is further segmented into ultrasound endoscopes, gastrointestinal stents, balloon dilators, biopsy devices, retrieval devices, hemostasis devices, ERCP devices, others. The ERCP devices segment is estimated to account for the largest share of the global gastrointestinal endoscopy market. Furthermore, the gastrointestinal endoscopes and endoscopic systems market has been categorized into capsule endoscopes, gastrointestinal videoscopes, visualization systems. The gastrointestinal videoscopes segment held the largest share of the global gastrointestinal endoscopy market in 2022 and is anticipated to hold its share during the forecast period.
Market Segmentation
By type: gastrointestinal endoscopes and endoscopic systems, gastrointestinal endotherapy
By end user: hospitals, ambulatory surgery centers, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report also provides analysis of the key companies of the industry and their detailed company profiles including Ambu A/S, Check-Cap Ltd., Cook Group Incorporated, FUJIFILM Holdings Corporation, Medtronic plc, SonoScape Medical Corp., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
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