Mexico Endoscopy Devices Market

Mexico Endoscopy Devices Market by Type of Devices (Visualization Devices, Endoscopy Devices [Flexible Endoscope, Capsule Endoscope, Rigid Endoscope, and Others], and Endoscopic Operative Devices), Applications (Cardiology, Gastroenterology, Gynecology, Urology, Pulmonology, and Others), and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: HC-3296
  • Author: Growth Market Reports
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  • No. Of Pages: 211
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The Mexico endoscopy devices market size is expected to register at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing prevalence of endoscopy for treatment and diagnosis.

Mexico Endoscopy Devices Market Key Takeaways

Endoscopy is a minimally invasive procedure that is used for diagnosis, prevention, and treatment of the internal organs of the human body. The endoscopy is sometimes used in case of chronic diseases. During the procedure, an endoscope is inserted into the body either through natural cavities. The endoscope can be inserted by making a small incision at the affected body part. The endoscope works effectively in conjunction with a camera system. The camera system is used by surgeons to view a highly magnified image of the affected area. Benefits of endoscopy include low cost, speedy recovery, and less diagnosis time. The rigid endoscopes are available in various sizes. Rigid endoscopes are small tubular telescopes that allow the physician to look inside body cavities and joints. Therefore, the rigid endoscope aids in avoiding the invasive procedures. The rigid endoscopes are widely used for procedures such as endoscopic examination, arthroscopy, examination of the thorax, biopsy for the diagnosis of cancer, and biopsies of organs.

The COVID-19 pandemic has affected almost every industry including the healthcare industry. The high risk of developing serious illness due to coronavirus disease has made it challenging for several other healthcare problems. The outbreak situation resulted into nationwide lockdowns, which disrupted the supply of healthcare facilities and manufacturing of medical devices. The stringent regulations and slowdown in economy hampered the growth of the endoscopy devices market.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising demand for minimally invasive surgeries is the major factor propelling the market growth during the projected period.
  • Growing technological advancements leading to enhanced applications is estimated to contribute to the market expansion during the forecast period.
  • Increasing applications of surgical equipments in distinctive surgical techniques is estimated to positively influence the market growth in the coming years.
  • High cost associated with the endoscopic treatments is expected to hamper the growth of market during the projected timeline.
  • Growing industrial investments and increasing research & development activities for innovative product launches are the factors anticipated to create lucrative opportunities for the market in the coming years.

Scope of the Report

The report on the Mexico 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

Details

Report Title

Endoscopy Devices Market - Mexico Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Type of Devices (Visualization Devices, Endoscopy Devices [Flexible Endoscope, Capsule Endoscope, Rigid Endoscope, and Others], and Endoscopic Operative Devices) and Applications (Cardiology, Gastroenterology, Gynecology, Urology, Pulmonology, and Others)

Country

Mexico

Report Coverage

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

Key Players Covered in the Report

STERIS Corporation; Boston Scientific Corporation; Medtronic PLC; Conmed Corporation; and Fujifilm Holdings

Mexico Endoscopy Devices Market Segment Insights

Capsule endoscope sub-segment is projected to dominate the market

Based on type of devices, the market is segregated into visualization devices, endoscopy devices, and endoscopic operative devices. The endoscopy devices segment is further categorized as flexible endoscope, capsule endoscope, rigid endoscope, and others. The capsule endoscope sub-segment is projected to dominate the market during the forecast period owing to the favorable reimbursement policies and increasing technological advancements. Moreover, the increasing number of new players in the market is anticipated to propel the growth of the market segment in the coming years. On the other hand, the rigid endoscope sub-segment is anticipated to hold a significant market share during the forecast period due to the rising prevalence of chronic diseases and increasing elderly population.

Urology segment is anticipated to register at substantial CAGR

On the basis of applications, the market is segmented into cardiology, gastroenterology, gynecology, urology, pulmonology, and others. The urology segment is anticipated to register at substantial CAGR during the forecast period owing to the increasing prevalence of urinary incontinence, pelvic organ prolapse, and overactive bladder and rising expenditure on medical surgeries. Furthermore, the increasing number of reconstructive surgeries is estimated to fuel the growth of the market in the coming years. However, the cardiology segment is anticipated to exhibit a substantial growth during the projected period owing to the rising incidences of congenital heart defects, coronary artery disease, heart failure, valve disease, and electrophysiology. Moreover, the growing consumer disposable income, unhealthy diet, and changing lifestyle are some of the factors to boost the market segment growth in the coming years.

Mexico Endoscopy Devices Market By Applications

Segments

Segments Covered in the Report
The Mexico endoscopy devices market is segmented on the basis of

Type of Devices
  • Visualization Devices
  • Endoscopy Devices
    • Flexible Endoscope
    • Capsule Endoscope
    • Rigid Endoscope
    • Others
  • Endoscopic Operative Devices
Applications
  • Orthopaedic
  • Gynecology & Urology
  • Neurology
  • Cardiology
  • Others
Country
  • Mexico
Key Players
  • STERIS Corporation
  • Boston Scientific Corporation
  • Medtronic PLC
  • Conmed Corporation
  • Fujifilm Holdings

Competitive Landscape

The key players competing in the Mexico endoscopy devices market are STERIS Corporation; Boston Scientific Corporation; Medtronic PLC; Conmed Corporation; and Fujifilm Holdings. Companies are focusing on growing manufacturing facilities, along with forming strong distribution networks with other industry players in order to expand their market shares.

In November 2021, Medtronic PLC planned to set up a global research & development center involving an investment of around USD 159 million at Hyderabad, India. The initiative facilitated the research work for medical products to treat over 70 health conditions that include cardiac devices, cranial & spine robotics, surgical tools, insulin pumps, patient monitoring systems, and others.

In January 2021, Boston Scientific Corporation announced the reallocation of its cardiac rhythm management and research & development resources. The reallocation aimed to increase productivity, innovation, and competitiveness to enhance the ability to deliver new products to the physicians and patients.

Mexico Endoscopy Devices Market By Key Players

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 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. Endoscopy Devices Market Size and Volume Forecast by Applications
     5.3.1. Orthopaedic Gynecology & Urology Neurology Cardiology Others
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Endoscopy Devices Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Endoscopy Devices Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Endoscopy Devices Demand Share Forecast, 2019-2026
7. North 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
  7.2. North America Endoscopy Devices Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Endoscopy Devices Market Size and Volume Forecast by Applications
     7.4.1. Orthopaedic Gynecology & Urology Neurology Cardiology Others
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Endoscopy Devices Demand Share Forecast, 2019-2026
8. Latin America 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. Latin America Average Pricing Analysis
  8.2. Latin America Endoscopy Devices Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Endoscopy Devices Market Size and Volume Forecast by Applications
     8.4.1. Orthopaedic Gynecology & Urology Neurology Cardiology Others
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Endoscopy Devices Demand Share Forecast, 2019-2026
9. Europe 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. Europe Average Pricing Analysis
  9.2. Europe Endoscopy Devices Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Endoscopy Devices Market Size and Volume Forecast by Applications
     9.4.1. Orthopaedic Gynecology & Urology Neurology Cardiology Others
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Endoscopy Devices Demand Share Forecast, 2019-2026
10. Asia Pacific 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. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Endoscopy Devices Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Endoscopy Devices Market Size and Volume Forecast by Applications
     10.4.1. Orthopaedic Gynecology & Urology Neurology Cardiology Others
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Endoscopy Devices Demand Share Forecast, 2019-2026
11. Middle East & Africa Endoscopy Devices 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. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Endoscopy Devices Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Endoscopy Devices Market Size and Volume Forecast by Applications
     11.4.1. Orthopaedic Gynecology & Urology Neurology Cardiology Others
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Endoscopy Devices Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Endoscopy Devices Market: Market Share Analysis
  12.2. Endoscopy Devices Distributors and Customers
  12.3. Endoscopy Devices Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. STERIS Corporation Boston Scientific Corporation Medtronic PLC Conmed Corporation Fujifilm Holdings
Segments Covered in the Report
The Mexico endoscopy devices market is segmented on the basis of

Type of Devices
  • Visualization Devices
  • Endoscopy Devices
    • Flexible Endoscope
    • Capsule Endoscope
    • Rigid Endoscope
    • Others
  • Endoscopic Operative Devices
Applications
  • Orthopaedic
  • Gynecology & Urology
  • Neurology
  • Cardiology
  • Others
Country
  • Mexico
Key Players
  • STERIS Corporation
  • Boston Scientific Corporation
  • Medtronic PLC
  • Conmed Corporation
  • Fujifilm Holdings

The key players competing in the Mexico endoscopy devices market are STERIS Corporation; Boston Scientific Corporation; Medtronic PLC; Conmed Corporation; and Fujifilm Holdings. Companies are focusing on growing manufacturing facilities, along with forming strong distribution networks with other industry players in order to expand their market shares.

In November 2021, Medtronic PLC planned to set up a global research & development center involving an investment of around USD 159 million at Hyderabad, India. The initiative facilitated the research work for medical products to treat over 70 health conditions that include cardiac devices, cranial & spine robotics, surgical tools, insulin pumps, patient monitoring systems, and others.

In January 2021, Boston Scientific Corporation announced the reallocation of its cardiac rhythm management and research & development resources. The reallocation aimed to increase productivity, innovation, and competitiveness to enhance the ability to deliver new products to the physicians and patients.

Mexico Endoscopy Devices Market By Key Players

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