Endoscopy Devices Market Analysis

  • Report ID: 5420
  • Published Date: Nov 29, 2023
  • Report Format: PDF, PPT

Endoscopy Devices Market Analysis

Device Type (Endoscopes, Endoscopic Operative Device, Visualization Equipment)

The endoscopes segment is estimated to account for 37% share of the global endoscopy devices market by 2036 owing to the rising prevalence of lung disorders. The global prevalence of chronic respiratory diseases is thought to have increased by over 35% during the previous three decades. Additionally, new advancements provide a larger scope of endocopic applications and an increase in the number of obese people who prefer bariatric surgery for weight reduction are among the factors driving the growth.

Besides this, the visualization equipment segment is poised to garner a noteworthy share. Endoscopy visualization system components consist of camera heads, insufflators, a light source, monitors, printers, and video processors that can used in Endoscopic examinations such as bronchoscopy, and cystoscopy to aid in visualization and interpretation of the endoscopic images.

Application (Gastroenterology, Pulmonology, Orthopedic Surgery, Cardiology, ENT Surgery, Gynecology, Neurology)

Endoscopy devices market from the gastroenterology segment is set to garner a notable share. Due to the high prevalence of gastrointestinal disorders, advancements in endoscopic technologies, and growing awareness of the advantages of early detection and treatment for gastrointestinal diseases, the gastroenterology segment is expected to maintain its dominance during the forecast period.

End-Use (Hospitals, Outpatient Facilities)

The outpatient facilities segment is anticipated to gain a substantial market share by the year 2036. Endoscopic diagnostics and therapies are gradually taking the place of invasive surgical procedures in many end-use sectors, including, ambulatory surgery centers, and clinics in order to prevent, detect, diagnose, stage, and treat diseases.

Our in-depth analysis of the global market includes the following segments:

Device Type

  • Endoscopes
  • Endoscopic Operative Device
  • Visualization Equipment

 End-Use

  • Hospitals
  • Outpatient Facilities

Application

  • Gastroenterology
  •  Pulmonology
  •  Orthopedic Surgery
  • Cardiology
  • ENT Surgery
  • Gynecology
  •  Neurology

 


Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Gupta, Shivam Bhutani


  • Report ID: 5420
  • Published Date: Nov 29, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing prevalence of cancer across the globe and the growing development of advanced endoscopy devices are the major factors driving the growth of the market.

The market size of endoscopy devices is anticipated to attain a CAGR of 5% over the forecast period, i.e., 2024-2036.

The major players in the market are Stryker Corporation, Boston Scientific Corporation, Karl Storz GmbH & Co. KG, Smith & Nephew Inc., Richard Wolf GmbH, Medtronic Plc (Covidien), PENTAX Medical, Machida Endoscope Co., Ltd., Olympus Corporation, and others.

The endoscopes segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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