According to the latest report by IMARC Group, titled “Endoscopy Devices Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026”, the global endoscopy devices market reached a value of US$ 37 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 6.3% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Endoscopy devices refer to long and thin tubular equipment that are inserted through the mouth or incision to examine the organs in the body. The device includes a light source and built-in camera to perform biopsies, arthroscopy and laparoscopic surgeries in the nose, stomach, ear, joints, heart, abdomen, throat, bladder, esophagus and colon. They are commonly available in rigid, flexible, capsule and robot-assisted variants. As a result, endoscopy devices are widely used in hospitals, clinics and ambulatory surgical centers (ASCs).
The global endoscopy devices market is primarily being driven by the increasing prevalence of neurological, cancer, gastroesophageal and orthopedic disorders among the masses. In addition to this, the rising adoption of modern endoscopy devices for minimal post-surgical complications is favoring the market growth. Healthcare providers are also utilizing advanced endoscopy devices with high definition (HD) imaging, digital lens and robot-assisted solutions to provide a wider and more accurate field of view. Other factors, including extensive research and development (R&D) activities in the field of biotechnology, along with the implementation of favorable government policies for improving healthcare infrastructure, are creating a positive outlook for the market.
Endoscopy Devices Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the endoscopy devices market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Boston Scientific CorporationJohnson & JohnsonFUJIFILM Holdings CorporationHOYA CorporationKarl Storz SE & Co. KGMachida Endoscope Co. LtdMedtronic PlcOlympus CorporationRichard Wolf GmbHSmith & Nephew plcStryker CorporationKey Market Segmentation:
The report has segmented the endoscopy devices market on the basis of type, application, end use and region.
Breakup by Type:
EndoscopesEndoscopy Visualization SystemsEndoscopy Visualization ComponentsOperative DevicesBreakup by Application:
Gastrointestinal EndoscopyUrology EndoscopyLaparoscopyGynaecology EndoscopyArthroscopyOthersBreakup by End Use:
Hospitals and ClinicsAmbulatory Surgical CentersOthersBreakup by Region:
North AmericaAsia-PacificEuropeLatin AmericaMiddle East and AfricaExplore Full Report with TOC & List of Figure: https://www.imarcgroup.com/endoscopy-devices-market
Key highlights of the report:
Market Performance (2015-2020)Market Outlook (2021-2026)Industry TrendsMarket Drivers and Success FactorsThe Impact of COVID-19 on the Global MarketValue Chain AnalysisStructure of the Global MarketComprehensive mapping of the competitive landscapeIf you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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