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Endoscopy Market worth $54.56 billion by 2030, growing at a CAGR of 7.62% - Exclusive Report by 360iResearch
Endoscopy Market | 360iResearch
The Global Endoscopy Market to grow from USD 32.62 billion in 2023 to USD 54.56 billion by 2030, at a CAGR of 7.62%.
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Endoscopy is a medical procedure allowing doctors to access the inside of the body using an endoscope inserted into various openings of the body, such as the mouth, anus, nose, and small incisions, depending on the area to be examined. The surging incidence of chronic diseases, including gastrointestinal disorders, respiratory conditions, urological disorders, and cancer, elevates the need for endoscopic procedures in diagnosing, treating, and monitoring these conditions, leading to a higher demand for endoscopic devices and equipment. The global trend towards minimally invasive surgeries, due to their benefits, such as reduced trauma, faster recovery, shorter hospital stays, and improved patient outcomes, is expanding the adoption of endoscopy procedures. High initial investment and complex regulatory approvals & clearances are hampering the adoption of the endoscopy market. Innovations such as high-definition imaging, 3D visualization, artificial intelligence (AI)-assisted diagnostics, robotic-assisted endoscopy, and miniaturized instruments in endoscopy are expected to enhance the capabilities and precision of endoscopic procedures.
The increasing awareness of advanced surgical procedures and favorable government initiatives in developing economies have impacted the enormous need for minimally invasive surgeries, creating a growing need for endoscopy in the Americas. The prevalence of chronic diseases across the Asia-Pacific region is developing a platform for less-invasive and rapid surgical methods, accelerating the need for endoscopy. The rising health expenditures across the developed economies with increasing requirements for minimally invasive surgeries have promoted the need for endoscopy in the EMEA region. Healthcare facilities are enhancing their existing facilities by incorporating endoscopic technologies to advance healthcare procedures. The majority presence of key market players with ongoing research and development (R&D) activities for new product development encourages the availability of novel endoscopic procedures in the EMEA region.
Market Segmentation & Coverage:
This research report categorizes the Endoscopy Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product Type, market is studied across Endoscope, Insufflator, and Visualization System. The Endoscope is further studied across Capsule Endoscopes, Endoscopic Ultrasound, Flexible Endoscopes, Rigid Endoscopes, and Robot-Assisted Endoscopes. The Visualization System is projected to witness significant market share during forecast period.
Based on Techniques, market is studied across Fluorescence Endoscopy, Multimodality Endoscopic Imaging, Multiphoton Endoscopy, and Photoacoustic Endoscopy. The Multiphoton Endoscopy is projected to witness significant market share during forecast period.
Based on End-User, market is studied across Ambulatory Surgery Centers & Clinics and Hospitals. The Hospitals is projected to witness significant market share during forecast period.
Based on Application, market is studied across Arthroscopy, Bronchoscopy, ENT Endoscopy, Gastrointestinal Endoscopy, Laparoscopy, Obstetrics & Gynaecology, Pulmonary Endoscopy, and Urology Endoscopy. The Arthroscopy is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Endoscopy Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Endoscopy Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Endoscopy Market, highlighting leading vendors and their innovative profiles. These include 3NT Medical, Inc., Ambu Inc., AMNOTEC International Medical GmbH, B. Braun Melsungen AG, Becton, Dickinson and Company, Blazejewski MEDI-TECH GmbH, Boston Scientific Corporation, Carl Zeiss AG, Coloplast A/S, CONMED Corporation, Cook Group Incorporated, EndoMed Systems GmbH., Endoscan Limited, Fujifilm Holdings Corporation, GE Healthcare, Henke Sass Wolf Group, Hologic, Inc., Hoya Corporation, Innoview GmbH, IQ Endoscopes Limited, J-Sol Medical Co., Ltd., Johnson & Johnson Services, Inc., KARL STORZ SE & Co. KG, Machida Endoscope Co., Ltd, Medtronic PLC, Olympus Corporation, Pro Scope Systems, Richard Wolf GmbH, Smith & Nephew PLC, Stryker Corporation, and Teleflex Incorporated.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Endoscopy Market, by Product Type
7. Endoscopy Market, by Techniques
8. Endoscopy Market, by End-User
9. Endoscopy Market, by Application
10. Americas Endoscopy Market
11. Asia-Pacific Endoscopy Market
12. Europe, Middle East & Africa Endoscopy Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Endoscopy Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Endoscopy Market?
3. What is the competitive strategic window for opportunities in the Endoscopy Market?
4. What are the technology trends and regulatory frameworks in the Endoscopy Market?
5. What is the market share of the leading vendors in the Endoscopy Market?
6. What modes and strategic moves are considered suitable for entering the Endoscopy Market?
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