Gastrointestinal Endoscopy Market Vendor and Technology Assessment Report 2024-2031

Gastrointestinal Endoscopy Market worth $23.08 Billion by 2030 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announced the publication of a market research report titled " Global Gastrointestinal Endoscopy Market By Type(Gastrointestinal Endotherapy, (ERCP Devices, Gastrointestinal Stents (Esophageal Stents, Biliary Stents, Pancreatic Stents), Balloon Dilators, Ultrasound Endoscopes, Biopsy Devices (Biopsy Forceps, Polypectomy Snares, Other Biopsy Devices), Hemostasis Devices, Retrieval Devices, Others), Gastrointestinal Endoscopes and Endoscopic Systems (Gastrointestinal Videoscopes (Gastroscopes, Colonoscopes, Duodenoscopes, Sigmoidoscopes, Enteroscopes, Anoscopes), Visualization Systems, Capsule Endoscopes), End-User (Hospitals, Ambulatory Surgery Centers, Others)- Market Outlook and Industry Analysis 2030"

Get Free Access to Demo Report, Excel Pivot and ToC :https://www.insightaceanalytic.com/request-sample/1361

The company's most recent study indicates that the global gastrointestinal endoscopy market is expected to grow at a promising compound annual growth rate (CAGR) of 5.98% from 2022 to 2030, from an estimated value of $14.09 billion in 2021 to $23.08 billion in 2030.

Endoscopic technology has advanced dramatically in recent years and is now an essential component of clinical gastroenterology. A long, flexible, illuminated instrument called an endoscope is inserted via the neck or during a gastrointestinal endoscopy,a form of endoscopic procedure that enables medical professionals to inspect the digestive tract. These endoscopic procedures can be used to examine and treat the esophagus, stomach, small intestine, colon, pancreas, and bile ducts. Because modern endoscopy is quick, gives detailed images, and poses very few hazards, it has proven to be extremely beneficial in many medical specialties. The use of endoscopy for screening and diagnostic evaluation has increased significantly over the past 20 years. Additionally, the endoscopic indications have expanded due to numerous advancements.

There are a lot of opportunities in the global gastrointestinal endoscopy market, including the growing demand for capsule endoscopy, the increasing demand for single-use endoscopes like duodenoscopes, gastroscopes, and colonoscopes, and the incorporation of robotics and artificial intelligence into the sector. The market is expected to grow during the forecast period due to the development of single-use endoscopes, the growing demand for less invasive procedures, and the growing numberof new products offered by industry participants. Furthermore, it is anticipated that the growing prevalence of gastrointestinal illnesses would increase market demand, and advancements in endoscopic treatment technology will have a major effect on the business climate.

Inadequate reimbursement, unfavorable healthcare trends, and the high cost of operations will all hinder the growth of the gastrointestinal endoscopy market. However, the Expanding healthcare markets in developing nations and the development of gastrointestinal endoscopic technologies will present a number of growth prospects for the gastrointestinal endoscopy market during the course of the projected year.
America's revenue share was the greatest. The launch of cutting-edge endoscopic equipment will accelerate the expansion ofthe North American sector. Furthermore, North America's market share will grow globally due to the increased incidence of cancer, gastrointestinal disorders, and other chronic illnesses, as well as the growing need for less invasive procedures.

Expert Knowledge, Just a Click Away:https://calendly.com/insightaceanalytic/30min?month=2024-02

The key players operating in gastrointestinal endoscopy Market are Boston Scientific Corporation, Medtronic plc, KARL STORZ SE & Co. KG, Ambu A/S, Teleflex Incorporated, HOYA Corporation, Olympus Corporation, FUJIFILM Holdings Corporation, Cook Group Inc, SonoScape Medical Corp., EndoMed Systems GmbH, CapsoVision, Inc., HuiZhou Xzing Technology Co., Ltd., Endogene Ltd., Envaste Limited and other prominent players of the market.

Key Market Developments:
• In Aug 2022, Medtronic announced that the GI GeniusTM intelligent endoscopy module, powered by artificial intelligence (AI), is now available. The module is a game-changing solution that uses deep learning algorithms and real-time data. It helps doctors find and treat colorectal cancer by giving them a better view of the colon during a colonoscopy.

• In Mar 2022, Fujifilm will work with Gastro Care Partners to bring the best endoscopic imaging solutions to GI practices in Colorado. Peak Gastroenterology Associates, which is part of the GCP network and is the largest gastroenterology practise in southern Colorado, has installed Fujifilm's GI portfolio, which includes the 700 Series Colonoscopes and the ELUXEO Endoscopic Imaging System, in its Colorado Springs-based Front Range Endoscopy Center and Surgical Center of Peak Endoscopy.

• In Feb 2022, Ambu announced that the FDA approved their Ambu® aScopeTM Gastro and Ambu® aBoxTM 2 Single-Use Gastroscope and Next-Generation Display Unit. Ambu's solution is a good choice for customers who want to do gastroscopies in a wide range of care settings because of its advanced technology, portability, and low cost. This is because reusable endoscopes have some problems that this solution solves.

Unlock Your GTM Strategy:https://www.insightaceanalytic.com/customisation/1361

Market Segmentation

Gastrointestinal Endoscopy Market, by Type, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
1. Gastrointestinal Endotherapy
• ERCP Devices
• Gastrointestinal Stents
o Esophageal Stents
o Biliary Stents
o Pancreatic Stents
• Balloon Dilators
• Ultrasound Endoscopes
• Biopsy Devices
o Biopsy Forceps
o Polypectomy Snares
o Other Biopsy Devices
• Hemostasis Devices
• Retrieval Devices
• Others
2. Gastrointestinal Endoscopes and Endoscopic Systems
• Gastrointestinal Videoscopes
o Gastroscopes
o Colonoscopes
o Duodenoscopes
o Sigmoidoscopes
o Enteroscopes
o Anoscopes
• Visualization Systems
• Capsule Endoscopes

Gastrointestinal Endoscopy Market, by End-User, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
• Hospitals
• Ambulatory Surgery Centers
• Others

Gastrointestinal Endoscopy Market, by Region, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America Gastrointestinal Endoscopy Market, by Country, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
• U.S.
• Canada

Europe Gastrointestinal Endoscopy Market, by Country, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific Gastrointestinal Endoscopy Market, by Country, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
• India
• China
• Japan
• South Korea
• Australia & New Zealand

Latin America Gastrointestinal Endoscopy Market, by Country, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa Gastrointestinal Endoscopy Market, by Country, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Empower Your Decision-Making with 180 Pages Full Report @ https://www.insightaceanalytic.com/buy-report/1361

About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com

This release was published on openPR.