Colonoscopy Devices Market Global Forecast 2023-2027, Industry Trends, Growth, Impact of Inflation, Opportunity Company Analysis

Colonoscopy Devices Market Global Forecast 2023-2027, Industry Trends, Growth, Impact of Inflation, Opportunity Company Analysis

Colonoscopy Devices Market is projected to reach US$ 2,031.96 Million by 2027. Today, colonoscopy is a vital tool used in the modern medical industry. It is a therapeutic and diagnostic procedure performed to evaluate the large intestine (i.e., rectum, colon, and anus) and the distal portion of the small intestine. Colonoscopy devices comprise a flexible, long, and thin tube, with a light, camera, and tools placed at one end of the tube. These devices can be used to remove polyps, which can subsequently be examined under the microscope to identify the presence of an infection. The procedures are conducted under mild sedation in hospitals, clinics, ambulatory surgery centers, etc.

Colonoscopy Devises Market was US$ 1,513.76 Million in 2021

Significant factors driving the market growth include various instruments developed for enhancing visualization angles, including short-run radius endoscopes, colonoscopes, colonoscopy devices with several lenses, and different accessory devices. In recent years, innovative procedures and instruments have been rolled out to remove the barriers to colon surgeries. Recent technological advancements have resulted in the growth of advanced colonoscopy devices and accessories, which can be connected to colonoscopes at the time of treatment.

COVID-19 Impact

The colonoscopy devices market has declined in the year 2020. Colonoscopy, the mainstay for the therapeutic and diagnostic of colorectal cancer, is cam under pressure from COVID-19. The scenario has adversely impacted the colonoscopy devices market because hospitals were open only for COVID-19 patients, without a timely screening of undiagnosed patients at a high risk of facing adverse effects of the condition. In addition, extended wait for treatment increases the risk of cancer progression among patients. The scenario has impacted the colonoscopy devices market.

Colonoscopy Devices Industry is likely to grow with a CAGR of 5.03% during 2022-2027

Based on product, visualization systems will emerge as a prominent product segment for the colonoscopy devices industry. Owing to their robust use in detecting cancer associated with the rectum, anus, and bowels. Further, the increase in approvals for advanced visualization systems will augment the industry outlook. Fujifilm Medical Systems U.S.A., Inc received U.S. FDA approval in 2021, for its Oxygen Saturation Endoscopic Imaging System, a novel image enhancement technology designed to enhance visualization during gastrointestinal colorectal and advanced surgical and endoscopy procedures.

On the basis of application, colorectal cancer represents the most prominent application for colonoscopy devices, caused by the rising prevalence of colorectal cancer worldwide. In contrast to invasive surgeries, colonoscopy techniques do not need any incision, which is likely to boost the demand for colonoscopy devices significantly augment the demand for colonoscopy devices.

Colonoscopy Devises Market: Geographically Assessment

The colonoscopy devices market is segmented in different geographical locations such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America holds an influential position in the colonoscopy devices market due to rising cases of rectal disorders, expanded production of colonoscopy devices, developed healthcare systems, and growing emphasis on innovative products development. Moreover, the government is also conducting various programs to increase awareness about colon disorders among the regional population. Besides, the Asia Pacific is also expected to grow on the back of better hospitals, infrastructure, and healthcare facilities in the region rapidly.

Renub Research latest report “Colonoscopy Devices Market By Product (Visualization system, Colonoscope and Others), Application (Colorectal cancer, Lynch syndrome, Ulcerative colitis and other), End User (Hospitals, Clinic, Ambulatory surgery center and others), Region (North America, Asia Pacific, Europe, Latin America, Middle East & Africa), Company Analysis (Boston Scientific Corporation, Medtronic, Steris Plc, Olympus and Hoya)” provides comprehensive details about Colonoscopy Devices Industry.

Product – Market has been covered from 3 viewpoints

1. Visualization system
2. Colonoscope
3. Others

Application – Market has been covered from 4 viewpoints

1. Colorectal cancer
2. Lynch syndrome
3. Ulcerative colitis
4. Other

End User - Market has been covered from 4 viewpoints

1. Hospitals
2. Clinic
3. Ambulatory surgery center
4. Others

Region - Market has been covered from 5 viewpoints

1. North America
2. Europe
3. Asia Pacific
4. Latin America
5. Middle East & Africa

All companies have been covered into 3 viewpoints

• Overviews
• Recent Developments
• Revenues

Company Analysis

1. Boston Scientific Corporation
2. Medtronic
3. Steris Plc
4. Olympus
5. Hoya


1. Introduction
2. Research & Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Global Colonoscopy Devices Market
6. Market Share – Colonoscopy Devices
6.1 By Product
6.2 By Application
6.3 By Region
6.4 By End-User
7. Product - Colonoscopy Devices Market
7.1 Visualization system
7.2 Colonoscope
7.3 Others
8. Application - Colonoscopy Devices Market
8.1 Colorectal cancer
8.2 Lynch syndrome
8.3 Ulcerative colitis
8.4 Other
9. End User - Colonoscopy Devices Market
9.1 Hospitals
9.2 clinic
9.3 Ambulatory surgery center
9.4 Others
10. Region - Colonoscopy Devices Market
10.1 North America
10.2 Europe
10.3 Asia Pacific
10.4 Latin America
10.5 Middle East & Africa
11. Company Analysis
11.1 Boston Scientific Corporation
11.1.1 Overview
11.1.2 Recent Development
11.1.3 Sales Analysis
11.2 Medtronic
11.2.1 Overview
11.2.2 Recent Development
11.2.3 Sales Analysis
11.3 Steris Plc
11.3.1 Overview
11.3.2 Recent Development
11.3.3 Sales Analysis
11.4 Olympus
11.4.1 Overview
11.4.2 Recent Development
11.4.3 Sales Analysis
11.5 Hoya
11.5.1 Overview
11.5.2 Recent Development
11.5.3 Sales Analysis
List of Figures:
Figure-01: Global – Colonoscopy Devices Market (Million US$), 2017 – 2022
Figure-02: Global – Forecast for Colonoscopy Devices Market (Million US$), 2023 – 2027
Figure-03: Product – Visualization System Market (Million US$), 2017 – 2022
Figure-04: Product – Forecast for Visualization System Market (Million US$), 2023 – 2027
Figure-05: Product – Colonoscope Market (Million US$), 2017 – 2022
Figure-06: Product – Forecast for Colonoscope Market (Million US$), 2023 – 2027
Figure-07: Product – Others Market (Million US$), 2017 – 2022
Figure-08: Product – Forecast for Others Market (Million US$), 2023 – 2027
Figure-09: Application – Colorectal Cancer Market (Million US$), 2017 – 2022
Figure-10: Application – Forecast for Colorectal Cancer Market (Million US$), 2023 – 2027
Figure-10: Application – Lynch Syndrome Market (Million US$), 2017 – 2022
Figure-12: Application – Forecast for Lynch Syndrome Market (Million US$), 2023 – 2027
Figure-13: Application – Ulcerative Colitis Market (Million US$), 2017 – 2022
Figure-14: Application – Forecast for Ulcerative Colitis Market (Million US$), 2023 – 2027
Figure-15: Application – Other Market (Million US$), 2017 – 2022
Figure-16: Application – Forecast for Other Market (Million US$), 2023 – 2027
Figure-17: End User – Hospitals Market (Million US$), 2017 – 2022
Figure-18: End User – Forecast for Hospitals Market (Million US$), 2023 – 2027
Figure-19: End User – Clinic Market (Million US$), 2017 – 2022
Figure-20: End User – Forecast for Clinic Market (Million US$), 2023 – 2027
Figure-21: End User – Ambulatory Surgery Center Market (Million US$), 2017 – 2022
Figure-22: End User – Forecast for Ambulatory Surgery Center Market (Million US$), 2023 – 2027
Figure-23: End User – Others Market (Million US$), 2017 – 2022
Figure-24: End User – Forecast for Others Market (Million US$), 2023 – 2027
Figure-25: North America – Colonoscopy Devices Market (Million US$), 2017 – 2022
Figure-26: North America – Forecast for Colonoscopy Devices Market (Million US$), 2023 – 2027
Figure-27: Europe – Colonoscopy Devices Market (Million US$), 2017 – 2022
Figure-28: Europe – Forecast for Colonoscopy Devices Market (Million US$), 2023 – 2027
Figure-29: Asia Pacific – Colonoscopy Devices Market (Million US$), 2017 – 2022
Figure-30: Asia Pacific – Forecast for Colonoscopy Devices Market (Million US$), 2023 – 2027
Figure-31: Latin America – Colonoscopy Devices Market (Million US$), 2017 – 2022
Figure-32: Latin America – Forecast for Colonoscopy Devices Market (Million US$), 2023 – 2027
Figure-33: Middle East & Africa – Colonoscopy Devices Market (Million US$), 2017 – 2022
Figure-34: Middle East & Africa – Forecast for Colonoscopy Devices Market (Million US$), 2023 – 2027
Figure-35: Boston Scientific Corporation – Global Revenue (Million US$), 2017 – 2022
Figure-36: Boston Scientific Corporation – Forecast for Global Revenue (Million US$), 2023 – 2027
Figure-37: Medtronic – Global Revenue (Million US$), 2017 – 2022
Figure-38: Medtronic – Forecast for Global Revenue (Million US$), 2023 – 2027
Figure-39: Steris Plc – Global Revenue (Million US$), 2017 – 2022
Figure-40: Steris Plc – Forecast for Global Revenue (Million US$), 2023 – 2027
Figure-41: Olympus – Global Revenue (Million US$), 2017 – 2022
Figure-42: Olympus – Forecast for Global Revenue (Million US$), 2023 – 2027
Figure-43: Hoya – Global Revenue (Million US$), 2017 – 2022
Figure-44: Hoya – Forecast for Global Revenue (Million US$), 2023 – 2027
List of Tables:
Table-01: Global – Colonoscopy Devices Market Share by Product (Percent), 2017 – 2022
Table-02: Global – Forecast for Colonoscopy Devices Market Share by Product (Percent), 2023 – 2027
Table-03: Global – Colonoscopy Devices Market Share by Application (Percent), 2017 – 2022
Table-04: Global – Forecast for Colonoscopy Devices Market Share by Application (Percent), 2023 – 2027
Table-05: Global – Colonoscopy Devices Market Share by Region (Percent), 2017 – 2022
Table-06: Global – Forecast for Colonoscopy Devices Market Share by Region (Percent), 2023 – 2027
Table-07: Global – Colonoscopy Devices Market Share by End-User (Percent), 2017 – 2022
Table-08: Global – Forecast for Colonoscopy Devices Market Share by End-User (Percent), 2023 – 2027

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