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Endoscopes Market Analysis, Share, Industry & Revenue [2031]
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Endoscopes Market Analysis, Share, Industry & Revenue [2031]

Segments - Endoscopes Market by Applications (Arthroscopy, Urology Endoscopy/Cystoscopy, Bronchoscopy, Mediastinoscopy, Otoscopy, Laryngoscopy, Gastrointestinal Endoscopy, Laparoscopy, Obstetrics/Gynecology Endoscopy, and Others), Product Types (Capsule Endoscopes, Disposable Endoscopes, Robot Assisted Endoscopes, Flexible Endoscopes [Laryngoscopes, Pharyngoscopes, Duodenoscopes, Nasopharyngoscopes, Rhinoscopes, Upper Gastrointestinal Endoscopes, Colonoscopes, Bronchoscopes, Sigmoidoscopes, and Others], and Rigid Endoscopes [Urology Endoscopes, Cystoscopes, Gynecology Endoscopes, Neuroendoscopes, Laparoscopes, Arthroscopes, and Others]), End-users (Ambulatory Surgery Centers/Clinics, Hospitals, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

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Author : Raksha Sharma
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Upcoming | Report ID :HC-4295 | 4.1 Rating | 65 Reviews | 233 Pages | Format : PDF Excel PPT

Report Description


The global endoscopes market size was valued at USD 11.7 billion in 2020 and is expected to expand at a CAGR 9.3% during the forecast period, 2021–2028. The growth of the market is attributed to the increased incidence of chronic diseases such as heart disease, cancer, and diabetes, as well as growing awareness of the benefits of minimally invasive operations over open invasive surgeries.

Endoscopes Market Key Takeaways

Endoscopy is a medical process in which a thin tube is interleaved into the body and used to examine an internal tissue or organ in detail. An endoscope is normally equipped with a flexible tube with a camera and light connected to it and is used by a doctor to inspect images of the digestive tract on a TV display. Minimally invasive procedures are driving the use of a variety of endoscopic diagnostic methods such as proctoscopy, cystoscopy, and gastroscopy. Sutures are commonly used in endoscopic bariatric surgeries for stomach remodelling and the method aids in a 70% reduction in stomach size. Furthermore, one of the keys causes the acceptance of bariatric operations is the increased prevalence of obesity. Obesity rates are anticipated to climb dramatically by 2030, according to the Organization for Economic Co-operation and Development (OECD), with the highest rates reported in the United States, Mexico, and England. Moreover, as a result of the tiny incisions, minimally invasive operations provide a number of advantages over open surgery including less discomfort, a lower/minimal or no risk of complications, and a faster recovery time. Furthermore, minimally invasive operations are inexpensive or cost-effective, resulting in a better quality of life. The need for biopsies for cancer diagnosis is projected to rise as the prevalence of cancer rises. In addition, endoscopy for biopsies and endoscopic ultrasonography are two most popular cancer detection methods.

The COVID-19 pandemic outbreak has adversely impacted the endoscopes market due to wide cancellation and postponing of appointed endoscopes procedures for various elective surgeries. Additionally, during the pandemic, market development was impeded by shifting rules aimed at reducing viral infection as well as supply chain interruptions.

  • Technical developments in endoscopes along with increased usage of the devices for different diagnosis and treatment procedures is expected to drive the market during the forecast period.
  • Introduction of less invasive techniques and technological advancement in bariatric operations using endoscopes such as endoscopic sleeve gastroplasty are key factors propelling the market forward.
  • High demand for diagnostic endoscopic operations due to rising prevalence of chronic illness globally drive the market.
  • Lack of availability of endoscopy physicians and surgeons all around the world acts as a major hurdle that can hamper the market expansion during the forecast period.
  • Booming of the healthcare infrastructure in emerging economies and favorable governments’ policies towards healthcare sectors are key factors that create lucrative opportunities for the market growth.

Scope of the Report

The report on the global endoscopes market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Endoscopes Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Applications (Arthroscopy, Urology Endoscopy/Cystoscopy, Bronchoscopy, Mediastinoscopy, Otoscopy, Laryngoscopy, Gastrointestinal Endoscopy, Laparoscopy, Obstetrics/Gynecology Endoscopy, and Others), Product Types (Capsule Endoscopes, Disposable Endoscopes, Robot Assisted Endoscopes, Flexible Endoscopes [Laryngoscopes, Pharyngoscopes, Duodenoscopes, Nasopharyngoscopes, Rhinoscopes, Upper Gastrointestinal Endoscopes, Colonoscopes, Bronchoscopes, Sigmoidoscopes, and Others], and Rigid Endoscopes [Urology Endoscopes, Cystoscopes, Gynecology Endoscopes, Neuroendoscopes, Laparoscopes, Arthroscopes, and Others]), and End-users (Ambulatory Surgery Centers/Clinics, Hospitals, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Boston Scientific Corporation; Karl Storz GmbH & Co., KG; Stryker; PENTAX Medical; CONMED Corporation; Richard Wolf Medical Instruments; Medtronic; Olympus Corporation; Ethicon US, LLC; and FUJIFILM Holdings Corporation

Market Segment Insights

Gastrointestinal endoscopy segment to grow at a high rate

Based on applications, the market is segregated into arthroscopy, urology endoscopy/cystoscopy, bronchoscopy, mediastinoscopy, otoscopy, laryngoscopy, gastrointestinal endoscopy, laparoscopy, obstetrics/gynecology endoscopy, and others. The gastrointestinal (GI) endoscopy segment is expected to grow at a high rate during the projected period owing to the increased burden of gastrointestinal illnesses and the expanding elderly population. Moreover, the urology endoscopy/cystoscopy segment is expected to be a fast-growing segment during the forecast period due to the growing number of urology procedures as well as the rising frequency of urologic malignancies.

Endoscopes Market By Applications

Flexible endoscopes segment to expand at a considerable CAGR

On the basis of product types, the endoscopes market is segmented into capsule endoscopes, disposable endoscopes, robot assisted endoscopes, flexible endoscopes and rigid endoscopes. The flexible endoscopes segment is further categorized as laryngoscopes, pharyngoscopes, duodenoscopes, nasopharyngoscopes, rhinoscopes, upper gastrointestinal endoscopes, colonoscopes, bronchoscopes, sigmoidoscopes, and others. The rigid endoscopes segment is further classified as urology endoscopes, cystoscopes, gynecology endoscopes, neuroendoscopes, laparoscopes, arthroscopes, and others.

The flexible endoscopes segment is projected to expand at a considerable CAGR during the forecast period due to medical professionals' rising preference for flexible endoscopes, technical breakthroughs, greater efficiency and safety, and flexible endoscopes' ergonomic advantages. On the other hand, the disposable endoscopes segment is anticipated to account for a major market share during the forecast period as increased infection risk from the use of traditional reusable endoscopes, technical developments, and the introduction of new products.

Hospitals segment to dominate the market

In terms of end-users, the market is fragmented into ambulatory surgery centers/clinics, hospitals, and others. The hospitals segment is likely to dominate the market during the projected timeline due to favorable reimbursement policies as well as widespread acceptance and use of endoscopes in hospital systems. The ambulatory surgery centers/clinics segment, however, is expected to grow rapidly in the coming years. Some of the major factors boosting the segment due to certain advantages such as less time required for endoscopy, minimal discomfort due to the introduction of keyhole surgeries, and faster recovery time.

North America is anticipated to constitute a key market share

In terms of regions, the endoscopes market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period owing to enhanced healthcare infrastructure, increased acceptance of new technology, and wide popular for less invasive operations to reduce healthcare costs. However, the market of Asia Pacific is anticipated to expand at a rapid pace during the forecast period due to the region's increasing need for endoscopic technology. Improving health infrastructure and the expanding number of the senior population are two key reasons driving the regional market.

Segments

The global endoscopes market has been segmented on the basis of

Applications
  • Arthroscopy
  • Urology Endoscopy/Cystoscopy
  • Bronchoscopy
  • Mediastinoscopy
  • Otoscopy
  • Laryngoscopy
  • Gastrointestinal Endoscopy
  • Laparoscopy
  • Obstetrics/Gynecology Endoscopy
  • Others
Product Types
  • Capsule Endoscopes
  • Disposable Endoscopes
  • Robot Assisted Endoscopes
  • Flexible Endoscopes
    • Laryngoscopes
    • Pharyngoscopes
    • Duodenoscopes
    • Nasopharyngoscopes
    • Rhinoscopes
    • Upper Gastrointestinal Endoscopes
    • Colonoscopes
    • Bronchoscopes
    • Sigmoidoscopes
    • Others
  • Rigid Endoscopes
    • Urology Endoscopes
    • Cystoscopes
    • Gynecology Endoscopes
    • Neuroendoscopes
    • Laparoscopes
    • Arthroscopes
    • Others
End-users
  • Ambulatory Surgery Centers/Clinics
  • Hospitals
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Boston Scientific Corporation
  • Karl Storz GmbH & Co.KG
  • Stryker
  • PENTAX Medical
  • CONMED Corporation
  • Richard Wolf Medical Instruments
  • Medtronic
  • Olympus Corporation
  • Ethicon US, LLC
  • FUJIFILM Holdings Corporation

Competitive Landscape

Key players competing in the global endoscopes market are Boston Scientific Corporation; Karl Storz GmbH & Co., KG; Stryker; PENTAX Medical; CONMED Corporation; Richard Wolf Medical Instruments; Medtronic; Olympus Corporation; Ethicon US, LLC; and FUJIFILM Holdings Corporation.

The increased knowledge and acceptance of endoscopes along with the wide improvement in related technologies of endoscopes are anticipated to enhance the entry of new enterprises into the market in the future. Mergers and acquisitions, strategic partnerships with other market competitors, and increased R&D in the field of endoscopic technologies are some of the activities implemented by prominent industry players to enhance their market position. Olympus Corporation, for instance, announced the debut of their new endoscopic system EVIS X1 in 2020. This cutting-edge endoscopic device aimed at assisting patients with stomach, oesophagus, colon, and bronchial disorders to improve their diagnostic results.

Endoscopes Market By Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Endoscopes Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Endoscopes Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Endoscopes Market - Supply Chain
  4.5. Global Endoscopes Market Forecast
     4.5.1. Endoscopes Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Endoscopes Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Endoscopes Market Absolute $ Opportunity
5. Global Endoscopes Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Endoscopes Market Size and Volume Forecast by Applications
     5.3.1. Arthroscopy
     5.3.2. Urology Endoscopy/Cystoscopy
     5.3.3. Bronchoscopy
     5.3.4. Mediastinoscopy
     5.3.5. Otoscopy
     5.3.6. Laryngoscopy
     5.3.7. Gastrointestinal Endoscopy
     5.3.8. Laparoscopy
     5.3.9. Obstetrics/Gynecology Endoscopy
     5.3.10. Others
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Endoscopes Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. Endoscopes Market Size and Volume Forecast by End Users
     6.3.1. Ambulatory Surgery Centers/Clinics
     6.3.2. Hospitals
     6.3.3. Others
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Endoscopes Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Endoscopes Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Endoscopes Demand Share Forecast, 2019-2026
8. North America Endoscopes Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Endoscopes Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Endoscopes Market Size and Volume Forecast by Applications
     8.4.1. Arthroscopy
     8.4.2. Urology Endoscopy/Cystoscopy
     8.4.3. Bronchoscopy
     8.4.4. Mediastinoscopy
     8.4.5. Otoscopy
     8.4.6. Laryngoscopy
     8.4.7. Gastrointestinal Endoscopy
     8.4.8. Laparoscopy
     8.4.9. Obstetrics/Gynecology Endoscopy
     8.4.10. Others
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. North America Endoscopes Market Size and Volume Forecast by End Users
     8.7.1. Ambulatory Surgery Centers/Clinics
     8.7.2. Hospitals
     8.7.3. Others
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Endoscopes Demand Share Forecast, 2019-2026
9. Latin America Endoscopes Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Endoscopes Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Endoscopes Market Size and Volume Forecast by Applications
     9.4.1. Arthroscopy
     9.4.2. Urology Endoscopy/Cystoscopy
     9.4.3. Bronchoscopy
     9.4.4. Mediastinoscopy
     9.4.5. Otoscopy
     9.4.6. Laryngoscopy
     9.4.7. Gastrointestinal Endoscopy
     9.4.8. Laparoscopy
     9.4.9. Obstetrics/Gynecology Endoscopy
     9.4.10. Others
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Latin America Endoscopes Market Size and Volume Forecast by End Users
     9.7.1. Ambulatory Surgery Centers/Clinics
     9.7.2. Hospitals
     9.7.3. Others
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Endoscopes Demand Share Forecast, 2019-2026
10. Europe Endoscopes Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Endoscopes Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Endoscopes Market Size and Volume Forecast by Applications
     10.4.1. Arthroscopy
     10.4.2. Urology Endoscopy/Cystoscopy
     10.4.3. Bronchoscopy
     10.4.4. Mediastinoscopy
     10.4.5. Otoscopy
     10.4.6. Laryngoscopy
     10.4.7. Gastrointestinal Endoscopy
     10.4.8. Laparoscopy
     10.4.9. Obstetrics/Gynecology Endoscopy
     10.4.10. Others
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Europe Endoscopes Market Size and Volume Forecast by End Users
     10.7.1. Ambulatory Surgery Centers/Clinics
     10.7.2. Hospitals
     10.7.3. Others
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Endoscopes Demand Share Forecast, 2019-2026
11. Asia Pacific Endoscopes Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Endoscopes Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Endoscopes Market Size and Volume Forecast by Applications
     11.4.1. Arthroscopy
     11.4.2. Urology Endoscopy/Cystoscopy
     11.4.3. Bronchoscopy
     11.4.4. Mediastinoscopy
     11.4.5. Otoscopy
     11.4.6. Laryngoscopy
     11.4.7. Gastrointestinal Endoscopy
     11.4.8. Laparoscopy
     11.4.9. Obstetrics/Gynecology Endoscopy
     11.4.10. Others
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Asia Pacific Endoscopes Market Size and Volume Forecast by End Users
     11.7.1. Ambulatory Surgery Centers/Clinics
     11.7.2. Hospitals
     11.7.3. Others
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Endoscopes Demand Share Forecast, 2019-2026
12. Middle East & Africa Endoscopes Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Endoscopes Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Endoscopes Market Size and Volume Forecast by Applications
     12.4.1. Arthroscopy
     12.4.2. Urology Endoscopy/Cystoscopy
     12.4.3. Bronchoscopy
     12.4.4. Mediastinoscopy
     12.4.5. Otoscopy
     12.4.6. Laryngoscopy
     12.4.7. Gastrointestinal Endoscopy
     12.4.8. Laparoscopy
     12.4.9. Obstetrics/Gynecology Endoscopy
     12.4.10. Others
  12.5. Basis Point Share (BPS) Analysis by Applications
  12.6. Y-o-Y Growth Projections by Applications
  12.7. Middle East & Africa Endoscopes Market Size and Volume Forecast by End Users
     12.7.1. Ambulatory Surgery Centers/Clinics
     12.7.2. Hospitals
     12.7.3. Others
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Endoscopes Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Endoscopes Market: Market Share Analysis
  13.2. Endoscopes Distributors and Customers
  13.3. Endoscopes Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Boston Scientific Corporation
     13.4.2. Karl Storz GmbH & Co.KG
     13.4.3. Stryker
     13.4.4. PENTAX Medical
     13.4.5. CONMED Corporation
     13.4.6. Richard Wolf Medical Instruments
     13.4.7. Medtronic
     13.4.8. Olympus Corporation
     13.4.9. Ethicon US, LLC
     13.4.10. FUJIFILM Holdings Corporation

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