At a CAGR of 6.42%, Endoscopy Devices Market is expected to reach USD 46.70 billion by the year 2028

Global Endoscopy Devices Market was valued at USD 30.21 billion in 2021 and is expected to reach USD 46.70 billion by the year 2028, at a CAGR of 6.42%.

 

Endoscopy Devices Market Share, Size, Growth, Trends, & Industry Forecast Analysis Report, By Type, Application and Regional Segment Forecast, 2023 - 2030, provides an extensive analysis of current market dynamics and predicted future trends.

Endoscopy Devices Market report covers the detailed analysis on current and upcoming market trends, company market shares, market projections, competitive benchmarking, competition mapping, and in-depth research of the most significant sustainability strategies and their impact on industry growth and competition. The research was conducted using a combination of primary and secondary data, as well as input from leading industry players.

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Leading Key Players Covered in Endoscopy Devices market:

  1. Braun Melsungen Ag (Germany), Boston Scientific Corporation (US), Cook Medical (Ireland), Ethicon (US), Fujifilm (Japan), Hoya Corporation (Japan), Karl Storz (Germany), Machida Endoscope Co., Ltd (Japan), Medtronic plc (Ireland), Olympus Corporation (Japan), PENTAX Medical (Japan), Richard Wolf GmbH (Germany), Smith & Nephew PLC (UK), Stryker (US) and other major players.

The latest research on the Endoscopy Devices market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Endoscopy Devices industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Endoscopy Devices market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

Introspective Market Research offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. Introspective Market Research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.

Segmentation of Endoscopy Devices market:

By Type:

  • Endoscopes
  • Endoscopic Operative Device
  • Visualization Equipment

 By Application:

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

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This study examines the global market for Endoscopy Devices, with a focus on North America, Europe, and Asia-Pacific, as well as South America, the Middle East, and Africa. The market is segmented by manufacturers, regions, type, and application in this report.

Which Regions Are Expected To Dominate The Endoscopy Devices Market?

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

COVID-19 Impact on Endoscopy Devices Market:

The outbreak of the COVID-19 pandemic disrupted the functioning of several industrial sectors. Hospitals were full-fledged with COVID cases which resulted in a public hesitancy to undergo endoscopy. This reluctance may lead to an increase in the mortality rate from delayed cancer diagnostics. To tackle the COVID-19 pandemic, most gastroenterology societies worldwide issued new regulations to postpone non-urgency endoscopic activities. According to United Kingdom’s data uploaded on National Endoscopy Database (NED), 35,478 endoscopy procedures were performed per week in the pre-COVID period, while during the peak COVID period fewer than 1800 endoscopy procedures were performed per week.

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