France Endoscopy Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

France Endoscopy Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The demand for various endoscopy devices is anticipated to increase due to various factors, including rising demand for surgeries with faster recovery, fewer post-surgery infections, less pain, reduced scarring, better control on bleeding, and increased accuracy of the surgeries. Technological advances in surgical techniques and enhancement in equipment handling have transformed surgical procedures, including the introduction of minimally invasive surgeries. There has been an increased usage of endoscopic devices in disease diagnosis in the past few years. Nowadays, endoscopes are used for the prevention, detection, diagnosis, and treatment of various diseases. Minimally invasive surgeries are performed through tiny incisions instead of one large opening. Since the incisions are small, patients tend to have quicker recovery times and experience less discomfort than conventional surgery. These procedures usually provide equivalent outcomes to traditional open surgery and offer significant benefits, such as decreased rate of major bleeding, fewer post-op infections, fewer complications, shorter length of stay, quicker return to normal activities, less scarring, and comparable/lower cost, among other such benefits. Hence, owing to the aforementioned factors, minimally invasive surgeries have gained popularity in recent times, which is expected to boost the market in the forecast period.

Key Market TrendsFlexible Endoscopes is Expected to Hold Largest Share Over the Forecast Period

Flexible endoscopes are widely used in hospitals, clinics, and physician's offices to perform several procedures, which include throat & mouth cancers, sleep apnea, chronic cough, hoarseness, vocal cord dysfunction, and swallowing disorders. The future market growth of flexible endoscopy looks promising with evolving advanced imaging systems, endoscopes with improved capabilities, enhancement of targeted therapeutics, and the application of NOTE (Natural Orifice Transluminal Endoscopic) surgery. Recent research studies reported that flexible endoscopy under conscious sedation with overtures is likely to show a high success rate. These devices can escalate patient safety and minimize personnel exposure to the liquid chemical germicide and its vapors. Hence, owing to these factors, along with the rising burden of cancer and the rising demand of these devices, the market is expected to witness significant growth over the forecast period.

Competitive Landscape

The endoscopy devices market in France consists of several major players. The companies are implementing certain strategic initiatives, such as mergers and acquisitions, new product launches, and partnerships, that help them in strengthening their market position. For instance, in 2018, Cook Medical’s Cellvizio Confocal Laser Endomicroscopy (CLE) System and the Confocal Miniprobes received an additional 510(k) clearance from the U.S. Food and Drug Administration (FDA).

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned

Boston Scientific Corporation
Conmed Corporation
Cook Group Incorporated
Medtronic PLC
Johnson & Johnson
Fujifilm Holding Corporation
Hoya Corporation
Olympus Corporation

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