Impact of Covid-19 on Gastrointestinal Devices Market – New Business Opportunities and Investment Research Report 2027 | Covidien Ltd, Boston Scientific Corporation, Johnson & Johnson, CONMED Corporation

 The global gastrointestinal devices market is forecast to reach USD 13.54 Billion by 2027, according to a new report by Reports and Data. The gastroenterology is the branch of medical science pertaining to the health of the digestive system, or the gastrointestinal (GI) tract. The gastrointestinal devices include all the equipment involved in the gastrointestinal procedures, diagnosis, treatment, analysis, testing, and others. Rising incidences of geriatric and pediatric gastroenterological disorders are some of the key reasons the market penetration for the gastrointestinal devices for the gastrointestinal procurement procedures and treatments are increasing year on year. 

The report includes the latest coverage of the impact of COVID-19 on the Gastrointestinal Devices industry. The incidence has affected nearly every aspect of the business domain. This study evaluates the current scenario and predicts future outcomes of the pandemic on the global economy.

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The recent research, Gastrointestinal Devices market enables stakeholders, field marketing executives and business owners get one step ahead by giving them a better understanding of their immediate competitors for the forecast period, 2020 to 2026. Most importantly, the study empowers product owners to recognize the primary market they are expected to serve. To help companies and individuals operating in the Gastrointestinal Devices market ensure they have access to commensurate resources in a particular location the research, assess the size that they can realistically target and tap.

Gastrointestinal Devices Market: Leading Participants

Covidien Ltd, Boston Scientific Corporation, Johnson & Johnson, CONMED Corporation, Stryker Corporation, Fujifilm Holdings Corporation, Becton, Dickinson and Company, B. Braun Melsungen AG, Medtronic PLC, and Cook Group Incorporated.

Reports and Data have segmented the global Gastrointestinal Devices on the basis of modem type, installation area, application, and region:

Devices Type Outlook (Revenue, USD Billion; 2016-2027)

GI Videoscopes
Biopsy Devices
Endoscopic Retrograde Cholangiopancreatography Devices (ERCP)
Capsule Endoscopy
Endoscopic Ultrasound
Endoscopic Mucosal Resection (EMR)
Hemostasis Devices
Others
Sales Channel Outlook (Revenue, USD Billion; 2016-2027)

Online Retailing
Medical Stores & Brand Outlet
End-Users Outlook (Revenue, USD Billion; 2016-2027)

Hospitals
Clinics & Dialysis Centers
Ambulatory Surgical Center
Others
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Regional Outlook (Revenue in USD Million; 2016-2027)

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)

Further key findings from the report suggest:

-Online retailing supply of the medical instrument and devices has been trendy in the emerging nations like China and India mainly. Online retailers can offer reduced prices compared to the medical stores and offline vendors due to the non-involvement of the distributor chains in the process. This sub-segment is expected to grow at a CAGR of 8.3% during the forecast period.

-GI Videoscopes or gastrointestinal videoscopes had the market share of 27.5% in 2018, and the CAGR is forecasted to be 7.2% during the period 2019 – 2027. Video gastroscopes, video duodenoscopes, video enteroscopes, Video colonoscopies, Video sigmoidoscope are some of the highly used devices under this sub-segment.

-Ambulatory surgery centers are modern kind of healthcare facility centers, which are focused on providing immediate urological surgical care and releasing the patients right after the surgery. The ambulatory surgery centers have a more convenient alternative to the hospitals based outpatient procedures, maintaining a strong track record of quality care with positive patient outcomes. Ambulatory surgery centers had a market valuation of USD 1.11 Billion in 2018 and is expected to grow fastest at a rate of 10.1% throughout the forecast period. North America, with its vast demand for gastrointestinal devices in both hospitals & ambulatory surgical centers sub-segment and escalating volume of geriatric gastroenterological disorders, is accounted to retain its superior position in the global market with a market share of about 35.3% by 2027.

Key Questions Answered

>What are the global production value and consumption value of Gastrointestinal Devices Market in the forecast period?

>Who are the key players in the global Gastrointestinal Devices Market?

>What will the Gastrointestinal Devices Market size and growth rate be in 2027?

>Which key factors will shape the competitive landscape in the forecast period?

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In conclusion, the Gastrointestinal Devices Market report is a reliable source for accessing the Market data that will exponentially accelerate your business. The report provides the principal locale, economic scenarios with the item value, benefit, supply, limit, generation, request, Market development rate, and figure and so on. Besides, the report presents a new task SWOT analysis, speculation attainability investigation, and venture return investigation.

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