Endoscopy Devices Market : Information, Figures and Analytical Insights 2020-2026

The Endoscopy Devices Market report is a collection of pragmatic information, quantitative and qualitative estimation by industry experts, the contribution from industry connoisseurs and industry accomplices across the value chain. Furthermore, the report also provides the qualitative results of diverse market factors on its geographies and segments.

Global endoscopy devices market is projected to display a modest growth represented by a CAGR of 6.4% during 2018 - 2023.

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Endoscopy Devices Market. The report analyzes the Global Endoscopy Devices Market By Type (Rigid, Flexible, Capsule), By Application (Arthroscopy, Bronchoscopy, Colonoscopy, Laparoscopy, GI Endoscopy, Others) and By End User (Hospital, Clinic). The Global Endoscopy Devices Market has been analzyed By Region (North America, Europe, Asia Pacific, Rest of the world) and By Country (U.S, Canada, Germany, U.K, Japan, China, India and Brazil) for the historical period of 2013-2017 and the forecast period of 2018-2023.

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Prominent Players in the global Endoscopy Devices market are -

Medtronic, Stryker Corporation, Boston Scientific Corporation, CONMED Corporation, Olympus Corporation, Cook Group Incorporated, Fujifilm Holdings, Congentix Medical, US Endoscopy and PENTAX Medical.

Over the recent years, global endoscopy devices market has been witnessing growth, on account of several driving factors including rising incidence of chronic ailments, increasing healthcare awareness amongst consumers, flourishing market for minimally invasive procedures, new device approvals along with increasing health expenditure in developing countries. Moreover, ongoing demographic shift towards geriatric population with significant population suffering from inveterate ailments, is expected to propel the demand for endoscopy devices. In this research report, the market is segmented on the basis of type, application and end user. By type, the segment of flexible endoscope is predicted to hold its dominant position in the market. Amongst the regions, North America accounts for the largest regional share in the global endoscopy devices market in 2018. However, Asia Pacific is predicted to advance at the highest rate. Presence of vast consumer base, particularly in emerging nations such as China and India, in addition to growing per capita expenditure on healthcare is likely to drive the regional market.

Industry News:

23 October 2019: Medtronic has launched the GI Genius intelligent endoscopy module, a system that uses artificial intelligence (AI) to detect colorectal polyps. It provides physicians with a solution in the fight against colorectal cancer.
The GI Genius module uses AI to highlight the presence of pre-cancerous lesions with a visual marker in real-time - serving as an ever vigilant second observer. Studies have shown that having a second observer can increase polyp detection rates; every 1% increase in adenoma detection rate reduces the risk of colorectal cancer by 3%. Colorectal cancer (CRC) is the third most common form of cancer globally with 1.8 million new cases every year.

MARLBOROUGH, Mass., Dec. 13, 2019 -- Boston Scientific Corporation (NYSE: BSX) today announced U.S. Food and Drug Administration (FDA) 510(k) clearance of the EXALT(TM) Model D Single-Use Duodenoscope for use in endoscopic retrograde cholangiopancreatography (ERCP) procedures. The EXALT Model D Duodenoscope is the first and only FDA cleared single-use (disposable) duodenoscope on the market and was granted Breakthrough Device Designation from the FDA to ensure patients and healthcare providers have timely access to this device.
This groundbreaking device has been developed as an alternative to reusable duodenoscopes, eliminating the need for duodenoscope reprocessing and repairs, and allowing physicians to use a new, sterile device for every procedure. The EXALT Model D Duodenoscope builds on the familiar design of standard reusable duodenoscopes so that physicians experience a minimal learning curve when adopting this technology.

Scope of the Report

-Endoscopy Devices Market Size, Share & Forecast
-Segmental Analysis Standalone and Chained
- Chained/Organized Endoscopy Devices Sizing, Growth, Forecast
-Market Entry Strategies for Domestic/Foreign Players
-Policy & Regulatory Landscape
-Changing Market Trends & Emerging Opportunities
-Competitive Landscape & Strategic Recommendations

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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What are the market factors that are explained in the report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Global Endoscopy Devices Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

We Offer Customization on report based on specific client Requirement:

- Free country Level analysis for any 5 countries of your choice.
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How we have factored the effect of Covid-19 in our report:

All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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