Endoscopy Equipment Market Worth $59.8 Billion by 2029

Meticulous Research®, a renowned global market research company, has released a research report titled 'Global Forecast to 2029 - Endoscopy Equipment Market.' In this recent publication, the global endoscopy equipment market is anticipated to reach $59.8 billion by 2029, exhibiting a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period from 2022 to 2029. The primary factors driving this market growth include the increasing prevalence of target diseases, technological advancements in endoscopy, a growing preference for minimally invasive procedures, and advanced screening programs for cancer. Furthermore, untapped opportunities in developing countries are creating avenues for market expansion.

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The global endoscopy equipment market study is segmented by Product (Endoscopes [Rigid Endoscopes, Flexible Endoscopes, Capsules Endoscopes, Disposable/Single-Use Endoscopes, Robot-Assisted Endoscopes], Visualization Equipment [Visualization Systems {Standard Definition (SD) Systems, High Definition (HD) Systems}, Visualization Components], Other Equipment, Accessories [Insufflators, Mouthpieces, Light Cables, Other Accessories], Software), Application (Upper Gastrointestinal (GI) Endoscopy, Colonoscopy, Obstetrics/Gynecology Endoscopy, Arthroscopy, Urology Endoscopy, Bronchoscopy, Laryngoscopy, Other Applications), and End User (Hospitals & Clinics, Ambulatory Surgery Centers, Other End Users). The study also evaluates industry competitors and analyzes their market share at global and regional levels.

In 2022, the endoscopes segment is expected to dominate the market, accounting for the largest share. Technological advancements and the high volume of endoscopies performed annually contribute to this segment's significant market share. Based on application, the upper gastrointestinal (GI) endoscopy segment is projected to account for the largest share in 2022, driven by the high prevalence of target diseases such as cancers and celiac diseases. The largest market share in 2022, among end users, is expected to be held by hospitals & clinics, mainly considered the primary points of care for health systems and treatments.

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Geographically, North America is anticipated to account for the largest share of the endoscopy equipment market in 2022, followed by Europe and Asia-Pacific. In North America, the U.S. is expected to hold the largest market share, primarily driven by the high prevalence of chronic diseases and a strong focus on research activities to innovate endoscopic technologies.

Key Players:
Key players operating in the global endoscopy equipment market include Boston Scientific Corporation (U.S.), Johnson & Johnson Services, Inc. (U.S.), Richard Wolf GmbH (Germany), FUJIFILM Holdings Corporation (Japan), Olympus Corporation (Japan), Stryker Corporation (U.S.), Medtronic Private Limited (Ireland), Nipro Corporation (Japan), MEDIVATORS B.V. (Germany), HOYA CORPORATION (Japan), and The Cooper Companies, Inc. (U.S.).

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Scope of the Report:

Endoscopy Equipment Market, by Product

Endoscopes
Rigid Endoscopes
Flexible Endoscopes
Capsule Endoscopes
Disposable/Single-use Endoscopes
Robot-assisted Endoscopes
Visualization Equipment
Visualization Systems
Standard-Definition (SD) Systems
High-Definition (HD) Systems
Visualization Components
Other Equipment
Accessories
Insufflators
Mouthpieces
Light Cables
Other Accessories
Software
Note 1: Other Equipment includes endoscopy fluid management systems, endoscopy ultrasound systems, and endoscopic implants.
Note 2: Other accessories include forceps, graspers, snares, and trocars.

Endoscopy Equipment Market, by Application

Upper Gastrointestinal (GI) Endoscopy
Colonoscopy
Obstetrics/Gynecology Endoscopy
Arthroscopy
Urology Endoscopy
Bronchoscopy
Laryngoscopy
Other Applications
Note: Other applications include mediastinoscopy, thoracoscopy, and neuroendoscopy.

Endoscopy Equipment Market, by End User

Hospitals & Clinics
Ambulatory Surgery Centers
Other End Users
Note: Other end users include diagnostic endoscopy centers and academics.

Endoscopy Equipment Market, by Geography

North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Rest of Europe (RoE)
Asia-Pacific (APAC)
China
Japan
India
Rest of Asia-Pacific (RoAPAC)
Latin America (LATAM)
Brazil
Mexico
Rest of Latin America (RoLATAM)
Middle East & Africa

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/endoscopy-equipment-market-4974

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This release was published on openPR.