Press release
Global Endoscopy Operative Devices Market Set to Surge, forecasted to Reach USD 92.9 Billion by 2033
Endoscopy Operative Devices Market
Key Market Drivers
Rising Prevalence of Gastrointestinal Disorders
The growing global burden of gastrointestinal diseases, such as colon cancer and inflammatory bowel disease, is driving the adoption of advanced endoscopic devices. These instruments play a vital role in accurate diagnosis and effective treatment, ensuring better patient outcomes. For instance, FUJIFILM India introduced new endoscopic solutions in January 2023 to enhance therapeutic gastrointestinal applications, marking a significant milestone in cancer-related treatments.
Request Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) @ https://www.emergenresearch.com/request-sample/3120
Increased Demand for Minimally Invasive Surgeries
Minimally invasive surgeries (MIS) have gained traction due to their benefits, including reduced pain, faster recovery, and minimal scarring. Endoscopy's role in MIS has made it a preferred option among patients and healthcare providers. Revenue from endoscopic solutions exceeded USD 61.7 billion in 2021, according to the Olympus Global Integrated Report. Initiatives by organizations like the American Association of Gynecologic Laparoscopists (AAGL) further bolster awareness and adoption of MIS, contributing to market growth.
Expanding Elderly Population
An aging global population is amplifying the demand for endoscopic procedures. Common geriatric health issues, such as gallstones, liver abscesses, and intestinal perforations, often require endoscopic intervention. According to the Administration for Community Living, individuals aged 65 and older comprised 16% of the population in 2019, a figure expected to reach 21.6% by 2040. This demographic shift underscores the importance of endoscopic technologies in meeting healthcare needs.
Market Challenges
While the market outlook is promising, the high cost of endoscopic equipment remains a significant barrier. Advanced systems, including cameras, scopes, and specialized tools, are expensive, posing financial challenges for smaller healthcare facilities with limited budgets. The steep capital expenditure may hinder the widespread adoption of modern endoscopic procedures, potentially slowing market growth.
Product Type Insights
Reusable Operative Devices
In 2023, reusable devices led the market, thanks to their durability, cost-effectiveness, and superior performance. These tools support the increasing demand for minimally invasive surgeries, particularly among the elderly and those with chronic illnesses.
Disposable Operative Devices
Disposable devices are anticipated to witness the fastest growth during the forecast period. Concerns about infection control and cross-contamination, especially following the COVID-19 pandemic, have fueled the shift toward single-use equipment. Advances in disposable technology have resulted in high-quality devices that match the performance of reusable options while addressing safety concerns.
Request For An Discount@ https://www.emergenresearch.com/request-discount/3120
Endoscopy Operative Devices Top Companies and Competitive Landscape
The endoscopy operative devices industry is highly competitive due to technological and market demand. Today, many companies compete with the primary giants: Medtronic, Boston Scientific, and Olympus Corporation. Most of the significant endoscopic instrument and accessory manufacturers are now major players in the market.
Other key players are Karl Storz and Stryker, famous for their innovative solutions and enhancements in visualisation and accuracy during endoscopic surgeries. The competition is hard-pressed for the continuous development of new technologies like robotic-assisted endoscopy and advanced imaging systems, besides more patient safety and better results, which led companies to invest considerable funds in Research and Development to stand on the market.
In April 2024, KARL STORZ bought the operations of a distributor in Belgium, Luxembourg, and the Netherlands, Stöpler, extending its direct sales presence in the region.
Some of the key companies in the global Endoscopy Operative Devices market include:
Cook
Medtronic
CONMED Corporation
Boston Scientific Corporation
Medical Device Business Services, Inc.
Stryker
KARL STORZ SE & Co. KG
Richard Wolf GmbH
FUJIFILM Corporation
Olympus
Smith+Nephew
BD
Endoscopy Operative Devices Latest Industry Updates
In July 2024, Merit Medical Systems paid USD 105.00 million for EndoGastric Solutions' EsophyX Z+ device, strengthening its endoscopy portfolio and increasing its global presence in the gastrointestinal industry.
In April 2024, at the Genius Summit 2024, Medtronic introduced ColonPRO™ software for the GI Genius™ intelligent endoscopy equipment and a strategic relationship with ModMed to improve patient care.
In January 2024, Canon Medical Systems and Olympus formed a partnership to develop and commercialise Endoscopic Ultrasound Systems, combining Canon's sophisticated diagnostic ultrasound technology and Olympus' endoscope expertise.
Purchase This Market Research Report - https://www.emergenresearch.com/select-license/3120
Endoscopy Operative Devices Market Segmentation Analysis
By Product Outlook (Revenue, USD Million; 2020-2033)
Reusable Operative Devices
Energy Systems
Access Devices
Suction & Irrigation Systems
Hand Instruments
Wound Retractors
Snares
Disposable Operative Devices
Energy Systems
Access Devices
Suction & Irrigation Systems
Hand Instruments
Wound Retractors
Snares
By Regional Outlook (Revenue, USD Million; 2020-2033)
North America
United States
Canada
Mexico
Europe
Germany
France
United Kingdom
Italy
Spain
Benelux
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Rest of Latin America
Middle East and Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
For more informative information, please visit us @ https://www.emergenresearch.com/industry-report/endoscopy-operative-devices-market
Look Over transcripts provided by Emergen Research
Endoscopy Operative Devices Market Size@ https://www.emergenresearch.com/industry-report/endoscopy-operative-devices-market/market-size
Endoscopy Operative Devices Market Share@ https://www.emergenresearch.com/industry-report/endoscopy-operative-devices-market/market-share
Endoscopy Operative Devices Market Trends@ https://www.emergenresearch.com/industry-report/endoscopy-operative-devices-market/market-trends
Endoscopy Operative Devices Regional Market Demand@ https://www.emergenresearch.com/industry-report/endoscopy-operative-devices-market/regional-market-demand
Endoscopy Operative Devices Market Analysis@ https://www.emergenresearch.com/industry-report/endoscopy-operative-devices-market/market-analysis
Contact Us:
14671 110 Avenue, Surrey, British Columbia, V3R2A9
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Endoscopy Operative Devices Market Set to Surge, forecasted to Reach USD 92.9 Billion by 2033 here
News-ID: 3818862 • Views: …
More Releases from Emergen Research
Global Internet of Things (IoT) in Healthcare Market to Reach USD 299.05 Billion …
The global Internet of Things (IoT) in Healthcare Market was valued at USD 299.05 billion in 2023 and is expected to grow at a CAGR of 16.5% during the forecast period. This growth is fueled by the rising use of connected healthcare devices, increasing demand for early disease detection through remote monitoring, and growing adoption of artificial intelligence (AI) tools within IoT-based healthcare systems.
The market is also benefiting from the…
Global Stem Cell Therapy Market to Reach USD 49.2 Billion by 2034, Growing at 13 …
The global Stem Cell Therapy Market, valued at USD 13.7 billion in 2024, is projected to reach USD 49.2 billion by 2034, expanding at a compound annual growth rate (CAGR) of 13.6%. Growth is being fueled by the rising burden of chronic diseases, rapid progress in cell-based studies, and increasing investments in regenerative medicine and personalized healthcare solutions.
Stem cell therapies offer the ability to repair, replace, or restore damaged tissues…
Artificial Intelligence Strengthens Cybersecurity as Threats Grow More Sophistic …
The global Artificial Intelligence in cybersecurity market size was USD 23.8 Billion in 2023 and is expected to reach a market valuation of USD 29.44 billion by the end of 2024 registering a CAGR of 23.7% during the forecast period. The adoption of Artificial Intelligence (AI) in cybersecurity is rapidly gaining traction as organizations worldwide face increasingly complex and frequent cyber threats. By combining advanced technologies such as Machine Learning…
Global Regenerative Medicine Market to Reach USD 125.6 Billion by 2034, Growing …
The global regenerative medicine market, valued at USD 34.2 billion in 2024, is set to grow to USD 125.6 billion by 2034, expanding at a compound annual growth rate (CAGR) of 13.9%. Growth is being fueled by rising approvals of advanced therapies, strong demand for personalized treatments in cancer and orthopedics, and expanding cell and gene therapy manufacturing across major markets such as North America, Europe, and Asia.
Once seen as…
More Releases for Device
Medical Device Regulatory Affairs Market Medical Device Regulatory Affairs Marke …
"Medical Device Regulatory Affairs Market" in terms of revenue was estimated to be worth $ 6.7 billion in 2024 and is poised to reach $ 18.3 billion by 2034, growing at a CAGR of 10.8% from 2025 to 2034 according to a new report by InsightAce Analytic.
Request For Free Sample Pages:
https://www.insightaceanalytic.com/request-sample/1913
Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global medical device regulatory…
Surge In Wireless Device Usage Boosts Wireless Audio Device Market Driving Marke …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
How Large Will the Wireless Audio Device Market Size By 2025?
In recent years, there has been remarkable growth in the wireless audio device market size. The market, which is projected to expand from $41.85 billion in 2024 to $52.37 billion in 2025, boasts a compound annual growth rate (CAGR) of 25.1%. Factors contributing…
Anti-snoring Device Market - Quiet Nights, Restful Sleep: Anti-snoring Device In …
Newark, New Castle, USA: The "Anti-snoring Device Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors.
Anti-snoring Device Market: https://www.growthplusreports.com/report/antisnoring-device-market/8931
This latest report researches the industry structure, sales, revenue,…
Global Watch Clock Measuring Device Market | Watch Clock Measuring Device Indust …
Watch, clock and measuring device market comprises of the sales of watch, clock, measuring device & related services to measure the time and physical quantity. Watch is portable timepiece, which is worn by people around the wrist, attached by a strap. Clock is a device used to measure and indicate time, using the pointers moving over a dial. Measuring device is an instrument used for measuring the various parameters in…
Peripheral Vascular Device Market Size, Peripheral Vascular Device Market Share, …
Global Peripheral Vascular Device Market Size is observed to gain traction owing to the factors such as increasing research and development for developing several new product, and rising funding by the private organizations.
Request for Sample of This Research Report @ https://bit.ly/2xjOKpC
Top Key Player:-
Abbott Laboratories
Braun Melsungen AG
Boston Scientific Corporation
R. Brad, Inc.
Cardinal Health, Inc.
Medtronic plc.
Cook Medical, Inc.
Teruma Corporation
Jude Medical, Inc.
The Spectranetics Corporation
Volcano Corporation
Peripheral vascular disorder (PVD) is a blood circulation disorder…
Medical Device Technologies Market - The Evolution of Medical Device Technologie …
The global medical device technologies market is anticipated to be boosted by various well-known players in the market. Some of these players that are dealing with the manufacturing of in vitro diagnostic devices hold a significant share in the global market. Whereas, the small market players are emerging from several developing nations, looking to set their foot in the market. Such measures are foreseen to change the market scenario in…
