Endoscopy Devices Market Research by Top Manufacturers, Segmentation, Industry Growth, Regional Analysis and Forecast by 2030

Endoscopy Devices Market to reach USD 67.14 million by 2027.Endoscopy Devices Market is valued approximately at USD 41.0 Million in 2020 and is anticipated to grow with a healthy growth rate of more than 7.3% over the forecast period 2021-2027.

The global Endoscopy Devices market is being driven by rising geriatric population, increase in prevalence of cancer, increasing preference for minimally invasive or keyhole surgeries. Furthermore, the growing emergence of endoscopic bariatric surgery, will provide new opportunities for the global Endoscopy Devices industry. For instance, according to the Administration on Aging (AoA) in year 2019, about 16% of the total population in U.S. were aged more than 65 years and it is anticipated that this number is expected to rise to 21.6% by year 2040.

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Also, according to the Globocan report 2020, the incidences of cancer has been reached to 19.3 million and it is anticipated that the figure will reach to 21.9 million by year 2025. As a result increased geriatric population and rising prevalence of cancer will serve as a catalyst for the endoscopy devices industry in the future. However, lack of awareness and low adoption of disposable endoscopes in hospitals and diagnostic centers may impede market growth over the forecast period of 2021-2027.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are the key region considered for the regional analysis of global endoscopy devices. Rising adoption of advanced technologies, growing preference for minimally invasive surgeries for reducing overall healthcare spending, and enhanced healthcare infrastructure makes the North America the leading region across the world in terms of market share. Whereas, Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to growing geriatric population and improving health infrastructure the presence of key players along with the constantly developing start-up landscape in the region is further promoting the market growth.

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Major market player included in this report are:

Olympus Corporation
Ethicon Endo-Surgery, LLC
Stryker Corporation
Fujifilm Holdings Corporation
Boston Scientific Corporation
Karl Storz GmbH & Co. KG
Smith & Nephew Inc.
Richard Wolf GmbH
Medtronic Plc (Covidien)
PENTAX Medical

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.

Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

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The detailed segments and sub-segment of the market are explained below:

By Product Type:
Endoscopes
Endoscopy Visualization Systems
Endoscopy Visualization Components
Operative Devices
By End Use:
Hospitals
Ambulatory Surgery centres
Others
By Application:
Gastrointestinal (Gi) Endoscopy
Laparoscopy
Obstetrics/Gynaecology Endoscopy

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Endoscopy Devices Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Final Report will add the analysis of the impact of COVID-19 on this industry.”

a large number of indigenous manufacturers of syringes and needles have managed to come up. However, it does not mean that imports are low for this market. Imports, as in the case with other medical devices, are quite high but the domestic manufacturers have been able to tap foreign markets through increasing exports. The target base of consumers is growing steadily which is expected to significantly boost sales in the market.

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It begins with the introduction section which mentions the features and uses of syringes and needles along with a brief description of the various phases in their development. The market overview section provides an insight into the market and highlights the market size. Import and export figures for syringes and needles, both in terms of volume and value have been provided in the next section. It also includes the regional break-up of the imports and exports.

An analysis of the drivers explains the factors leading to the growth of the market which include increasing need of insulin doses, increasing demand for vaccines, improving health infrastructure, growing incidence of diseases, changing demographics and health check-up packages. Some of the major challenges to the market are illegal recycling of syringes and needles and problems associated with usage. Government legislation in the market has been discussed in the next section.
The competition section highlights the features of the major players operating in the market. A brief profile of the major domestic and foreign players in the market along with their financials has been included in this section.

A section providing strategic recommendations has been given at the end of the report which gives effective solutions to existing and potential players for improving market share and increasing profitability. The Market report answers the following questions:

What is the aim of the report?

Based on various indicators, the Year-on-Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.
An overview of the Market based on geographical scope, market segmentation and financial performance of key players is presented in the report.
The report presents current trends in the industry and future scope of the Market in North America, Asia Pacific, Europe, Latin America and Middle East and Africa.
The various parameters accelerating the growth of Market are incorporated in the research report.
The report analyses growth rate, market size and valuation of the Market during the forecast period.

What aspects regarding the regional analysis Market are included in this report?

Geographical regions covered in the report include North America, Europe, Asia Pacific, Latin America and Middle East and Africa region.
The report consists of detailed region-wise analysis of current and future market trends, providing information on product usage and consumption.
The growth rate of the market in every region, including their countries over the forecast period is included in the market report.
Based on what factors are the key market players assessed in this report?
The report offers detailed analysis of leading companies in the market across the globe.
It provides details of the major vendors involved in the Market including Key Players
A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and
the manufactured products is incorporated in the report.
The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

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What is the key information extracted from the report?

Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
The report offers the present scenario and future growth prospects Market in various geographical regions.
The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
The SWOT analysis is conducted along with Porter’s Five Force analysis.
The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.

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