Global Gastrointestinal Endoscopy Market Analysis and Forecast, 2019-2028
- Report ID: 56082
- Date: Dec, 2022
- Pages: 141
- Category: Medical Devices
Global Gastrointestinal Endoscopy Devices Market Analysis and Forecast, 2019-2028
The global gastrointestinal endoscopy devices market stood at nearly US$ 4.7 Billion in 2021 and is expected to grow at a CAGR of 6.8% during the forecast period 2022-2028. Gastrointestinal endoscopy devices are medical devices that are used to perform diagnostic and therapeutic procedures inside the gastrointestinal (GI) tract. It is a minimally invasive treatment that is used to look for ulcers, digestive system bleeding, aberrant colon growths, and other abdominal and gastrointestinal problems.
Numerous GI illnesses have arisen as a result of changing lifestyles combined with improper eating habits and increased junk food consumption, which has increased the need for effective diagnosis through devices such as gastrointestinal endoscopy devices. Furthermore, a growing aging population with prolonged medical issues such as GI disorders and an increase in the prevalence of colon and rectum cancer due to sedentary lifestyles, obesity, and cigarette use are driving the growth of the gastrointestinal endoscopic devices market.
Additionally, growing consciousness of weight, particularly among women, leads to weight-loss treatment choices such as banding and bypass surgery, both of which use gastrointestinal endoscopic devices, which is also likely to boost the market growth. However, the gastrointestinal endoscopy market growth will be hampered by high endoscopy procedure costs, a limited number of trained professionals, and limited reimbursement policies.
The global gastrointestinal endoscopy device market has been segmented on the basis of product, end user, and region. Based on product the market is categorized into Biopsy Devices, Capsule Endoscopy Devices, ECRP Devices, GI Videoscopes, Hemostasis Devices, Reflux Testing systems, Stent Systems, and Others (Dilators etc.).
On the basis of end user, the market is segmented into Hospitals, Clinics, and Others (ASCs etc.).
On the basis of region, the market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, and Middle East & Africa. North America is expected to dominate the global gastrointestinal endoscopy device market during the forecast period.
Market Structure and Competitive Landscape
The global gastrointestinal endoscopy devices market is fragmented in nature with various players operating in the market. Some of the prominent players that contribute significantly to the global gastrointestinal endoscopy devices market growth include Olympus Corp., B. Braun Melsungen, Boston Scientific Corp., Fujifilm Corp., Johnson & Johnson Services Inc., Smith & Nephew PLC, Stryker Corp., Conmed Corp., Covidien Ltd., Albyn Medical, Hobbs Medical Inc., Jinshan Science & Technology, Leufen Medical GmbH, Telemed Systems Inc., Steris Corp., and Medtronic Plc among others.
These players adopt various strategies to reinforce their market share and gain a competitive edge over other competitors in the market. Partnerships and collaborations, and product launches are some of the strategies followed by industry players.
Some of the key developments in the global gastrointestinal endoscopy devices market include,
• In November 2021, Medtronic PLC announced that the US Food and Drug Administration (FDA) has given the PillCamTM Small Bowel 3 system for remote endoscopic treatments 510(k) clearance.
• In June 2021, Cantel Medical, a global provider of infection control products and services to endoscopy, dentistry, dialysis, and life sciences customers, has been acquired by STERIS PLC, as previously stated.
• In May 2021, Olympus acquired Medi-Tate, an Israeli medical device company, to expand its global urology business.
Global Gastrointestinal Endoscopy Devices Market Analysis and Forecast 2019-2028
Table of Contents
1. Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
2. Assumptions and Acronyms
3. Executive Summary
3.1. Global Market in 2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
4. Research Methodology
5. Analysis of COVID-19 Impact and Road Ahead
6. Market Indicators and Background
6.1. Macro-Economic Factors
6.1.1. Global Population Overview and Forecast
6.1.2. Per Capita Income Analysis
6.1.3. Gastric Disorders Prevalence by Region
6.1.4. Per Capita Healthcare Infrastructure by Countries
6.2. Forecasting Factors
Robust assessment of various factors including industrial performance, industry players’ expenditures, economic conditions, among others
6.3. Supply Chain & Value Chain Analysis
6.3.1. Raw Material Suppliers
6.3.2. Gastrointestinal Endoscopic Device Manufacturers
6.3.3. Key End Users
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter’s Five Forces Analysis
7. Government Laws and Industry Regulations
8. Global and Regional Market Dynamics
9. Global Gastrointestinal Endoscopic Device Market: Key Investment Analysis
9.1. By Gastrointestinal Endoscopy Device Manufacturers
9.2. By Product
9.3. By End User
9.4. By Region
9.5. M&A Activities
Robust assessment of major investments made by various industry players along with key application areas, technological assessment, and key end-use sector
10. Pricing Analysis
10.1. By Product
10.1.1. Biopsy Devices
10.1.2. Capsule Endoscopy Devices
10.1.3. ECRP Devices
10.1.4. GI Videoscopes
10.1.5. Hemostasis Devices
10.1.6. Reflux Testing System
10.1.7. Stent Systems
10.1.8. Others (Dilators etc.)
10.2. By Region
10.2.1. North America
10.2.2. Western Europe
10.2.3. Eastern Europe
10.2.4. Asia Pacific
10.2.5. Latin America
10.2.6. Middle East & Africa
11. Parent Market Overview
11.1. Global Medical Device Market
11.2. Global Endoscopy Devices Market
12. Segmental Analysis
12.1. Global Gastrointestinal Endoscopic Device Market by Product
12.1.1. Segment Overview
220.127.116.11. Biopsy Devices
18.104.22.168. Capsule Endoscopy Devices
22.214.171.124. ECRP Devices
126.96.36.199. GI Videoscopes
188.8.131.52. Hemostasis Devices
184.108.40.206. Reflux Testing System
220.127.116.11. Stent Systems
18.104.22.168. Others (Dilators etc.)
12.2. Global Gastrointestinal Endoscopy Devices Market by End User
12.2.1. Segment Overview
22.214.171.124. Others (ASCs etc.)
12.3. Global Gastrointestinal Endoscopy Devices Market by Region
12.3.1. North America
12.3.2. Latin America
12.3.3. Western Europe
12.3.4. Eastern Europe
12.3.5. Asia Pacific
12.3.6. Middle East & Africa
13. Regional Analysis
13.1. North America Gastrointestinal Endoscopy Devices Market Analysis and Forecast 2019-2028
13.1.1. Regional Market Overview and Key Takeaways
13.1.2. North America Gastrointestinal Endoscopic Device Market by Product
13.1.3. North America Gastrointestinal Endoscopic Device Market by End User
13.1.4. North America Gastrointestinal Endoscopic Device Market by Country
13.2. Latin America Gastrointestinal Endoscopy Devices Market Analysis and Forecast 2019-2028
13.2.1. Regional Market Overview and Key Takeaways
13.2.2. Latin America Gastrointestinal Endoscopy Devices Market by Product
13.2.3. Latin America Gastrointestinal Endoscopic Device Market by End User
13.2.4. Latin America Gastrointestinal Endoscopy Devices Market by Country
126.96.36.199. Rest of Latin America
13.3. Western Europe Gastrointestinal Endoscopic Device Market Analysis and Forecast 2019-2028
13.3.1. Regional Market Overview and Key Takeaways
13.3.2. Western Europe Gastrointestinal Endoscopic Device Market by Product
13.3.3. Western Europe Gastrointestinal Endoscopic Device Market by End User
13.3.4. Western Europe Gastrointestinal Endoscopy Devices Market by Country
188.8.131.52. Rest of Western Europe
13.4. Eastern Europe Gastrointestinal Endoscopic Device Market Analysis and Forecast 2019-2028
13.4.1. Regional Market Overview and Key Takeaways
13.4.2. Eastern Europe Gastrointestinal Endoscopic Device Market by Product
13.4.3. Eastern Europe Gastrointestinal Endoscopic Device Market by End User
13.4.4. Eastern Europe Gastrointestinal Endoscopic Device Market by Country
184.108.40.206. Rest of Eastern Europe
13.5. Asia Pacific Gastrointestinal Endoscopic Device Market Analysis and Forecast 2019-2028
13.5.1. Regional Market Overview and Key Takeaways
13.5.2. Asia Pacific Gastrointestinal Endoscopic Device Market by Product
13.5.3. Asia Pacific Gastrointestinal Endoscopic Device Market by End User
13.5.4. Asia Pacific Gastrointestinal Endoscopic Device Market by Country
220.127.116.11. South Korea
18.104.22.168. Rest of Asia-Pacific
13.6. Middle East & Africa Gastrointestinal Endoscopic Device Market Analysis and Forecast 2019-2028
13.6.1. Regional Market Overview and Key Takeaways
13.6.2. Middle East & Africa Gastrointestinal Endoscopic Device Market by Product
13.6.3. Middle East & Africa Gastrointestinal Endoscopic Device Market by End User
13.6.4. Middle East & Africa Gastrointestinal Endoscopic Device Market by Country
22.214.171.124. South Africa
126.96.36.199. Rest of the Middle East & Africa
14. Competitive Landscape
14.1. Competition Dashboard
14.1.1. Global and Regional Market Share Analysis
14.1.2. Market Structure
14.2. Competitive Benchmarking
14.3. Key Strategy Analysis
14.4. Company Profiles
14.4.1. Olympus Corp.
188.8.131.52. Company Overview
184.108.40.206. Product/Service Offerings
220.127.116.11. Key Financials
18.104.22.168. Recent Developments
14.4.2. B. Braun Melsungen
22.214.171.124. Company Overview
126.96.36.199. Product/Service Offerings
188.8.131.52. Recent Developments
14.4.3. Boston Scientific Corp.
184.108.40.206. Company Overview
220.127.116.11. Product/Service Offerings
18.104.22.168. Recent Developments
14.4.4. Fujifilm Corp.
22.214.171.124. Company Overview
126.96.36.199. Product/Service Offerings
188.8.131.52. Recent Developments
14.4.5. Johnson & Johnson Services Inc.
184.108.40.206. Company Overview
220.127.116.11. Product/Service Offerings
18.104.22.168. Recent Developments
14.4.6. Smith & Nephew PLC
22.214.171.124. Company Overview
126.96.36.199. Product/Service Offerings
188.8.131.52. Recent Developments
14.4.7. Stryker Corp.
184.108.40.206. Company Overview
220.127.116.11. Product/Service Offerings
18.104.22.168. Recent Developments
14.4.8. Conmed Corp.
22.214.171.124. Company Overview
126.96.36.199. Product/Service Offerings
188.8.131.52. Recent Developments
14.4.9. Covidien Ltd.
184.108.40.206. Company Overview
220.127.116.11. Product/Service Offerings
18.104.22.168. Recent Developments
14.4.10. Albyn Medical
22.214.171.124. Company Overview
126.96.36.199. Product/Service Offerings
188.8.131.52. Recent Developments
14.4.11. Hobbs Medical, Inc.
184.108.40.206. Company Overview
220.127.116.11. Product/Service Offerings
18.104.22.168. Recent Developments
14.4.12. Jinshan Science & Technology
22.214.171.124. Company Overview
126.96.36.199. Product/Service Offerings
188.8.131.52. Recent Developments
14.4.13. Leufen Medical GmbH
184.108.40.206. Company Overview
220.127.116.11. Product/Service Offerings
18.104.22.168. Recent Developments
14.4.14. Telemed Systems Inc.
22.214.171.124. Company Overview
126.96.36.199. Product/Service Offerings
188.8.131.52. Recent Developments
14.4.15. Steris Corp.
184.108.40.206. Company Overview
220.127.116.11. Product/Service Offerings
18.104.22.168. Recent Developments
14.4.16. Medtronic PLC
22.214.171.124. Company Overview
126.96.36.199. Product/Service Offerings
188.8.131.52. Recent Developments
A comprehensive list of Gastrointestinal Endoscopy Devices manufacturers will be provided along with geographical reach, employee count, revenue, product capacities, and their capabilities
List of Figures
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.