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Endoscopy Market Statistics 2020 | Industry Growth, Share & Regional Forecast To 2024

Author : Ronak Bora | Published Date : 2020-11-19 

Germany endoscopy market is poised to record more than $2.6 billion revenue by 2024, owing to the introduction and high acceptance of new endoscopy devices. Likewise, device modification and development, rising elderly xxxxxpopulation, and high incidence rate of chronic diseases are fueling the endoscopy industry dynamics in the region.

Technological advancements in endoscopy devices are also highly beneficial in reducing the mortality rate among patients with chronic diseases such as cancer. These factors are projected to stimulate endoscopy market trends over the estimated timeline.

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With regards to the product spectrum, the endoscope segment held a dominant position in 2017 and is set to expand at a growth rate of over 6.5% through 2024. The segmental growth can be attributed to the high geriatric population who are susceptible to various diseases.

In terms of segmentation by application, the laparoscopy segment accounted for a $3.2 billion revenue in 2017 and is projected to observe significant growth in the coming years. This can be credited to the increasing cancer rates, along with the development of improved laparoscopic instruments such as surgical mesh, bowel gasper, needle driver, and surgical scopes.

Endoscopies come with a slew of advantages, enabling doctors to perform any critical operation without the need for major surgery, while simultaneously facilitating a shorter period of recovery with lesser risk of complications. Taking into account the operational benefits of endoscopy, most of the research communities and leading healthcare facilities are now looking forward to brainstorming new techniques across this vertical. In fact, many healthcare servisce providers have even been joining hands to establish training centers, through which they plan to deploy minimally invasive endoscopy facilities across the globe on a large scale.

Key endoscopy market players include Stryker, Smith & Nephew PLC, Richard Wolf GmbH, Olympus Corporation, Medtronic, Storz, Hoya Corporation, Cook Medical LLC, Conmed Corporation, and Boston Scientific, among others. These firms are focusing on consolidating their stance and gaining a distinct competitive edge over their rivals by leveraging lucrative growth opportunities such as M&A.

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Partial Chapter of the Table of Content

Chapter 4.   Endoscopy Market, By Product

4.1. market share, by product, 2017 & 2024

4.2. Endoscopes

4.2.1.  Market estimates and forecast, by region, 2013 – 2024

4.2.2.  Flexible endoscopes

4.2.2.1. Market estimates and forecast, by region, 2013 – 2024

4.2.3.  Rigid endoscopes

4.2.3.1. Market estimates and forecast, by region, 2013 – 2024

4.2.4.  Capsule endoscopes

4.2.4.1. Market estimates and forecast, by region, 2013 – 2024

4.3. Visualization systems

4.3.1. Market estimates and forecast, by region, 2013 – 2024

4.4. Endoscopic Ultrasound

4.4.1. Market estimates and forecast, by region, 2013 – 2024

4.5. Insufflator

4.5.1. Market estimates and forecast, by region, 2013 – 2024

4.6. Others

4.6.1. Market estimates and forecast, by region, 2013 – 2024

Chapter 5.   Endoscopy Market, By Application

5.1. Endoscopy market share, by application, 2017 & 2024

5.2. Arthroscopy

5.2.1.  Market estimates and forecast, by region, 2013 – 2024(USD Million)

5.2.2.  Market estimates and forecast, by region, 2013 – 2024(Procedure Volume)

5.3. Laparoscopy

5.3.1.  Market estimates and forecast, by region, 2013 – 2024(USD Million)

5.3.2.  Market estimates and forecast, by region, 2013 – 2024(Procedure Volume)

5.4. GI endoscopy

5.4.1.  Market estimates and forecast, by region, 2013 – 2024(USD Million)

5.4.2.  Market estimates and forecast, by region, 2013 – 2024(Procedure Volume)

5.5. Obstetrics/Gynecology

5.5.1.  Market estimates and forecast, by region, 2013 – 2024(USD Million)

5.5.2.  Market estimates and forecast, by region, 2013 – 2024(Procedure Volume)

5.6. ENT endoscopy

5.6.1.  Market estimates and forecast, by region, 2013 – 2024(USD Million)

5.6.2.  Market estimates and forecast, by region, 2013 – 2024(Procedure Volume)

5.7. Pulmonary endoscopy

Browse full table of contents (TOC) of this report @ https://www.decresearch.com/toc/detail/endoscopy-market

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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