Press release
Gastrointestinal Endoscopy Device Market Gain Momentum | Big Giants Boston Scientific, B. Braun, Johnson & Johnson
Gastrointestinal Endoscopy Device Market
Virgo Surgical Video Solutions.
The Global Gastrointestinal Endoscopy Device market is expected to grow from 8.9 Billion USD in 2024 to 14.7 Billion USD by 2032, with a CAGR of 6.5% from 2025 to 2032. The Gastrointestinal Endoscopy Device market by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA).
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Gastrointestinal (GI) endoscopy devices are diagnostic and therapeutic tools used to examine the GI tract, including the esophagus, stomach, intestines. They include endoscopes, cameras, biopsy tools, and retrieval devices. Increasing GI disorders such as colorectal cancer, ulcers, and Crohn's disease, along with aging populations, are driving demand. Technological advancements like capsule endoscopy and AI-assisted procedures are further expanding the market.
The key segments and sub-sections of the market are outlined below:
The Gastrointestinal Endoscopy Device market is segmented based on the following Types: (Flexible Endoscopy, Rigid Endoscopy)
The Gastrointestinal Endoscopy Device market is segmented based on Applications as follows: (Hospital, Clinic)
Leading Region: North America (well-established healthcare infrastructure, high adoption of advanced endoscopy)
Region with the Fastest Growth: Asia-Pacific (China, India due to aging population & healthcare access)
Drivers:
• Rising prevalence of gastrointestinal disorders and cancers is fueling demand for early diagnostic tools.
• Advancements in minimally invasive technologies are enhancing procedural outcomes and boosting adoption.
Trends
• Integration of AI and robotics in endoscopic procedures is gaining traction.
• Disposable and single-use endoscopy devices are becoming more popular due to infection control concerns.
Opportunities
• Expansion in emerging markets due to improving healthcare infrastructure and increased screening programs.
• Development of capsule endoscopy and smart diagnostic platforms presents new growth avenues.
Challenges
• High cost of advanced endoscopic equipment limits accessibility in low-income regions.
• Lack of skilled professionals and training for complex procedures hampers optimal usage.
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A Comprehensive analysis of consumption, revenue, market share, and growth rate is provided for the following regions:
• The Middle East and Africa region, including countries such as South Africa, Saudi Arabia, UAE, Israel, Egypt, and others.
• North America, comprising the United States, Mexico, and Canada.
• South America, including countries such as Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, and others.
• Europe (including Turkey, Spain, the Netherlands, Denmark, Belgium, Switzerland, Germany, Russia, the UK, Italy, France, and others)
• The Asia-Pacific region includes Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, the Philippines, South Korea, Thailand, India, Indonesia, and Australia.
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FIVE FORCES & PESTLE ANALYSIS:
To gain a comprehensive understanding of market conditions, a five forces analysis is conducted. This includes evaluating the bargaining power of buyers, bargaining power of suppliers, threat of new entrants, threat of substitutes, and intensity of competitive rivalry.
• Political (Political stability, along with trade, fiscal, and taxation policies, plays a crucial role in shaping the market environment.)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Table of Contents for the Global Gastrointestinal Endoscopy Device Market includes the following points:
• Chapter 01 - Gastrointestinal Endoscopy Device Executive Summary
• Chapter 02 - Market Overview
• Chapter 03 - Key Success Factors
• Chapter 04 - Global Gastrointestinal Endoscopy Device Market - Pricing Analysis Overview
• Chapter 05 - Overview or History of the Global Gastrointestinal Endoscopy Device Market
• Chapter 06 - Global Gastrointestinal Endoscopy Device Market Segmentation [e.g. Type (Flexible Endoscopy, Rigid Endoscopy), Application (Hospital, Clinic)]
• Chapter 07 - Analysis of Key and Emerging Countries in the Global Gastrointestinal Endoscopy Device Market.
• Chapter 08 - Global Gastrointestinal Endoscopy Device Market Structure and Value Analysis
• Chapter 09 - Competitive Landscape and Key Challenges in the Global Gastrointestinal Endoscopy Device Market
• Chapter 10 - Assumptions and Abbreviations
• Chapter 11 - Market Research Approach for Gastrointestinal Endoscopy Device
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Market Intellix LLP
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