Endoscopy Devices And Equipment Market Trends, Top Companies, Share, Growth And Forecast 2033

The new report published by The Business Research Company, titled Endoscopy Devices And Equipment Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the endoscopy devices and equipment market size has grown strongly in recent years. It will grow from $8.37 billion in 2023 to $8.92 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The endoscopy devices and equipment market size is expected to see strong growth in the next few years. It will grow to $11.52 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%.

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Surge In Cancer And Gastrointestinal Diseases Propels Growth Of Endoscopy Devices And Equipment Market
The increasing prevalence of cancer and gastrointestinal disorders is expected to propel the growth of the rigid endoscope market going forward. Cancer refers to the abnormal growth of the cells that leads to dysfunction of organs and tissue, whereas Gastrointestinal disorders are disorders of the digestive system. Endoscopes are used for diagnosing and treating cancer and gastrointestinal disorders, allowing clinicians to see into the patient's body, biopsy, and do minimally invasive operations that can lead to earlier diagnosis and effective treatment. For instance, in February 2022, according to the report published by World Health Organization, a Switzerland-based international organization for public health, cancer is the largest cause of mortality in the globe, accounting for over 10 million deaths in 2020, or roughly one in every six, in which breast, lung, colon, and prostate cancers are the most prevalent. Therefore, the increasing prevalence of cancer and gastrointestinal disorders drives the growth of the endoscopy devices and equipment market.

Ensuring Safety And Compliance In The Uk's Medical Device Industry
Medicines and Healthcare Products Regulatory Agency(MRHA), a regulatory body for medical devices in the UK, is a regulatory body governing drug and device alerts, drug safety updates, blood regulation, and safety, marketing authorizations and licensing guidance, medical devices regulation, and safety and many other activities. According to safety guidelines by MRHA, the medical device manufacturing companies in the industry recall their medical devices if any problem or defect is detected. For instance, in April 2022, KARL STORZ, a German endoscopy device company, issued an urgent medical device recall notice for certain KARL STORZ flexible endoscopes after it detected issues in product description and instructions for use and potential risk of injury during the use of the device.

The endoscopy devices and equipment market covered in this report is segmented -

1) By Product: Endoscope, Endoscopy Operative Devices, Endoscopy Visualization Systems
2) By Application: Bronchoscopy, Arthroscopy, Laparoscopy, Urology Endoscopy, Neuroendoscopy, Gastrointestinal Endoscopy, Obstetrics/Gynecology Endoscopy, ENT Endoscopy, Other Applications
3) By End-User: Hospitals, Clinics, Other End-Users

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Major companies operating in the endoscopy devices and equipment market report are Olympus Corporation, Boston Scientific Corporation, Stryker Corporation, Fujifilm, Karl Storz SE & Co. KG, Johnson & Johnson, Hoya Corporation, Cook Medical, Smith & Nephew, Conmed Corporation, Healthium MedTech, Leo Medical Co Ltd, Shanghai Aohua Photoelectricity Endoscope Co Ltd, CR Kennedy & Company, GE Healthcare, Transmed, Fisher & Paykel Healthcare India Private Limited, Agappe Diagnostics Ltd, Richard Wolf GmbH, B. Braun, Baxter, Philips, Siemens, Pentax Medical, Lenox Instrument Co, Richard Wolf Industrial, Endo Gatric Solutions Inc, Endo Medical, Medtronic plc, Kimberly-Clark Corporation, Boston Scientific, Cardinal Health Inc, Abu Dhabi Medical Devices Company, Amico Group, Bridgeway Medical Systems, Abbott Dubai and Medtronic

Contents of the report:
1. Executive Summary
2. Endoscopy Devices And Equipment Market Report Structure
3. Endoscopy Devices And Equipment Market Trends And Strategies
4. Endoscopy Devices And Equipment Market - Macro Economic Scenario
5. Endoscopy Devices And Equipment Market Size And Growth
…..
27. Endoscopy Devices And Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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