Report Description
The Chile endoscopy devices market size is anticipated to expand at a robust CAGR during the forecast period, 2021-2028. The growth of the market is attributed to increasing preference for minimally invasive surgeries. Moreover, rising geriatric population is driving the market growth.
Reduced post-operative pain and risks of complications is driving the market growth.
An endoscopy is a procedure where organs inside your body are viewed using an instrument called an endoscope. An endoscope is a long, thin, flexible tube that has a light and camera at one end. Images of the body organs and tissues are shown on the monitor.
Instruments used during the endoscopy are flexible tube to examine of the esophagus and stomach, duodenum, and bronchoscope, a flexible tube for examination of the bronchial tubes. Endoscope is usually passed through the mouth into the respective organs.
Fiberoptic endoscopic devices consist of flexible tubing that contains a series of lighted mirror lenses and optic fibers. These instruments transmit light around corners, twists, and bends, allowing direct visualization of body systems, which are not easily visualized by other means.
An endoscopy is a very safe procedure. Rare complications such as bleeding can emerge if the procedure involves removing a piece of tissue for biopsy or treating a digestive system problem.
Market Trends, Drivers, Restraints, and Opportunities:
- Increasing adoption of endoscopes for treatment and diagnosis is expected to augment the Chile endoscopy devices market growth.
- Growing incidence of cancer is expected to propel the growth of the market.
- Lack of reimbursement scenario in the country is projected to impede the market growth.
- Lack of skilled technicians in Chile can hamper the market growth.
- Infections caused by endoscopes can create challenges for the market growth.
- The outbreak of COVID-19 has negatively impacted the Chile endoscopy devices market. However, the market is anticipated to recover soon.
- Rising technological advancements owing to increasing investment in the healthcare industry, leading to enhanced applications of the endoscopy devices is expected to create lucrative opportunities for market players.
Scope of the Report
The report on the Chile endoscopy devices market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Chile Endoscopy Devices Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Type of Devices (Endoscopes, Endoscopic Operative Devices, and Visualization Equipment) and Application (Gastrointestinal)
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Boston Scientific Corporation, Medtronic PLC, Johnson and Johnson, Pentax Medical, and Conmed Corporation, Cook Medical, Covidien Plc., Hoya Corporation, and Ethicon Endo- Surgery.
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Chile Endoscopy Devices Market Segment Insights:
Visualization equipment segment to grow at a rapid pace
Based on types, the market is divided into endoscopes, endoscopic operative devices, and visualization equipment. The visualization equipment segment is anticipated to account for a key market share and is anticipated to grow at a steady rate during the forecast period. Rising adoption of minimally invasive procedures, increasing technological advancements, and improving healthcare infrastructure in the country are propelling the growth of the market segment. Moreover, increasing preference for HD visualization systems by medical professionals due to effective assistance they provide during the diagnosis and treatment of complex diseases such as cancer, gastrointestinal disorders, cardiovascular disorders, urinary disorders, and during minimally invasive surgical procedures is anticipated to foster the growth of the market segment.
Gastrointestinal segment to account a major market share
Based on applications, the Chile endoscopy devices market is segmented into gastrointestinal. The gastrointestinal segment is anticipated to account for a major share due to rising geriatric population, improving healthcare infrastructure, and increasing number of colonoscopy procedures in the country, boosting the segment growth. Furthermore, increasing cases of colorectal cancers, gastrointestinal diseases that affect the gastrointestinal (GI) tract from the mouth to the anus are anticipated to fuel the segment growth.
Segments
Segments Covered in the Report
The Chile endoscopy devices have been segmented on the basis of
Type of Devices
- Endoscopes
- Endoscopic Operative Device
- Visualization Equipment
Applications
Country
Key Players
- Boston Scientific Corporation
- Conmed Corporation
- Cook Medical
- Covidien Plc.
- Hoya Corporation
- Ethicon Endo- Surgery
- Medtronic PLC
- Johnson and Johnson
- KARL STORZ
- PENTAX Medical
Competitive Landscape
The major players of the market are Boston Scientific Corporation, Medtronic PLC, Johnson and Johnson, Pentax Medical, Conmed Corporation, Cook Medical, Covidien Plc., Hoya Corporation, and Ethicon Endo- Surgery.
Companies are investing in research and development, innovation, focusing on joint ventures, acquisitions, and engaging in agreements, collaborative models, partnerships, and product developments to expand their market share.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Endoscopy Devices 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. Endoscopy Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Endoscopy Devices Market - Supply Chain
4.5. Global Endoscopy Devices Market Forecast
4.5.1. Endoscopy Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Endoscopy Devices Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Endoscopy Devices Market Absolute $ Opportunity
5. Global Endoscopy Devices Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Endoscopy Devices Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Endoscopy Devices Demand Share Forecast, 2019-2026
6. North America Endoscopy Devices Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Endoscopy Devices Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Endoscopy Devices Demand Share Forecast, 2019-2026
7. Latin America Endoscopy Devices Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Endoscopy Devices Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Endoscopy Devices Demand Share Forecast, 2019-2026
8. Europe Endoscopy Devices 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
8.1.3. Europe Average Pricing Analysis
8.2. Europe Endoscopy Devices Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Endoscopy Devices Demand Share Forecast, 2019-2026
9. Asia Pacific Endoscopy Devices 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. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Endoscopy Devices Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Endoscopy Devices Demand Share Forecast, 2019-2026
10. Middle East & Africa Endoscopy Devices 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. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Endoscopy Devices Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Endoscopy Devices Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Endoscopy Devices Market: Market Share Analysis
11.2. Endoscopy Devices Distributors and Customers
11.3. Endoscopy Devices Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Boston Scientific Corporation
11.4.2.
Conmed Corporation
11.4.3.
Cook Medical
11.4.4.
Covidien Plc.
11.4.5.
Hoya Corporation
11.4.6.
Ethicon Endo- Surgery
11.4.7.
Medtronic PLC
11.4.8.
Johns