South Korea Endoscopy Devices Market
Segments - by Type of Device (Endoscopes, Endoscopic Operative Devices, and Visualization Equipment), and Application (Gastroenterology, Orthopaedic Surgery, Cardiology, ENT Surgery, Gynaecology, Neurology, Urology, and Others) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The South Korea endoscopy devices market size is projected to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to growing desire for less invasive operations, rising prevalence of endoscopy for treatment and diagnosis, and technical developments leading to expanded applications.
Endoscopes are minimally invasive instruments that may be placed into natural bodily holes to examine an inside organ or tissue in detail. Endoscopic operations are used for imaging and small surgery procedures. These devices are implanted in the body either through natural holes or cavities (such as the anus and mouth) or through incisions, particularly in arthroscopy. Other elements of endoscopy equipment, such as a camera or light source at the tip of the endoscope, assist physicians or medical professionals (endoscopists) in analysing internal organs of interest. Endoscopy can be performed to evaluate digestive system symptoms such as nausea, vomiting, abdominal discomfort, swallowing difficulties, and gastrointestinal bleed.
The Covid-19 pandemic affected the demand and supply of South Korea endoscopy devices market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
Market Trends, Drivers, Restraints, and Opportunities
- Growing aspiration for less invasive operations is projected to fuel the market during the forecast period.
- Rising prevalence of endoscopy for treatment and diagnosis is key factor propelling the market in the coming years.
- Infections caused by a limited number of endoscopes are estimated to hinder the market growth.
- Lack of skilled labor act as major challenge that can impede the market expansion in the coming years.
- R&D investment and technological advancement is expected to create lucrative opportunities for the market players.
Scope of the Report
The report on the South Korea endoscopy devices market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
South Korea Endoscopy Devices Market -Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Type of Device (Endoscopes, Endoscopic Operative Devices, and Visualization Equipment), and Application (Gastroenterology, Orthopaedic Surgery, Cardiology, ENT Surgery, Gynaecology, Neurology, Urology, and Others) |
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Geographical Scope |
South Korea |
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Report Coverage |
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 |
PENTAX Medical; TECHCORD Co., Ltd; Olympus Corporation; Medex World Wide; Karl Storz SE & Co. KG |
Market Segment Insights
The SD visualization segment is projected to hold a major market share
Based on type of device, the South Korea endoscopy devices market is divided into endoscopes, endoscopic operative devices, and visualization equipment. The SD Visualization segment is expected to represent a key share of the market during the forecast period. Both 2D and 3D endoscopic equipment employ SD camera systems. The first-generation endoscopic SD camera contains one or three chips and always outputs to a recording device or an analogue display. Endoscopic cameras that use standard definition (SD) transmissions provide pictures with 4:3 aspect ratio. These visualization systems use charge coupled device chips to produce a high-resolution image that is presented in SD format. Many technical improvements, such as complementary metal-oxide-semiconductor (CMOS) and CCD innovations have resulted in minor chips that make the endoscopic process easier and aid in better resolution.
The gynaecology segment is expected to grow at a rapid pace
On the basis of application, the South Korea endoscopy devices market is segregated into gastroenterology, orthopaedic surgery, cardiology, ENT surgery, gynaecology, neurology, urology, and others. The gynaecology segment is expected to represent a key share of the market during the forecast period. The gynaecologic laparoscopic surgery is one of the most frequent minimally invasive procedures for obtaining a clear view of the pelvic area. A pelvic laparoscopy can look at the uterus, ovaries, and fallopian tubes. These devices are also used to remove fibroids, uteruses, ovarian cysts, and lymph nodes, as well as to identify ovarian, uterine, and cervical cancer. As a result, the market is anticipated to develop rapidly throughout the forecast period, owing to the growing prevalence of gynaecologic cancer.
Segments
Segments Covered in the Report
The South Korea endoscopy devices market has been segmented on the basis of
Type of Device
- Endoscopes
- Endoscopic Operative Devices
- Visualization Equipment
Application
- Gastroenterology
- Orthopaedic Surgery
- Cardiology
- ENT Surgery
- Gynaecology
- Neurology
- Urology
- Others
Key Players
- PENTAX Medical
- TECHCORD Co., Ltd
- Olympus Corporation
- Medex World Wide
- Karl Storz SE & Co. KG
Competitive Landscape
Key players competing in the South Korea endoscopy devices market include PENTAX Medical, TECHCORD Co., Ltd, Olympus Corporation, Medex World Wide, and Karl Storz SE & Co. KG.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
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 Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Endoscopy Devices Market Size and Volume Forecast by Types
5.3.1. Endoscopes
5.3.2. Endoscopic Operative Devices
5.3.3. Visualization Equipment
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
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 Types
7.4.1. Endoscopes
7.4.2. Endoscopic Operative Devices
7.4.3. Visualization Equipment
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
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 Types
8.4.1. Endoscopes
8.4.2. Endoscopic Operative Devices
8.4.3. Visualization Equipment
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
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 Types
9.4.1. Endoscopes
9.4.2. Endoscopic Operative Devices
9.4.3. Visualization Equipment
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
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 Types
10.4.1. Endoscopes
10.4.2. Endoscopic Operative Devices
10.4.3. Visualization Equipment
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
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 Types
11.4.1. Endoscopes
11.4.2. Endoscopic Operative Devices
11.4.3. Visualization Equipment
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
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. PENTAX Medical
12.4.2. TECHCORD Co., Ltd
12.4.3. Olympus Corporation
12.4.4. Medex World Wide
12.4.5. Karl Storz SE & Co. KG
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 Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Endoscopy Devices Market Size and Volume Forecast by Types
5.3.1. Endoscopes
5.3.2. Endoscopic Operative Devices
5.3.3. Visualization Equipment
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
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 Types
7.4.1. Endoscopes
7.4.2. Endoscopic Operative Devices
7.4.3. Visualization Equipment
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
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 Types
8.4.1. Endoscopes
8.4.2. Endoscopic Operative Devices
8.4.3. Visualization Equipment
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
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 Types
9.4.1. Endoscopes
9.4.2. Endoscopic Operative Devices
9.4.3. Visualization Equipment
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
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 Types
10.4.1. Endoscopes
10.4.2. Endoscopic Operative Devices
10.4.3. Visualization Equipment
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
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 Types
11.4.1. Endoscopes
11.4.2. Endoscopic Operative Devices
11.4.3. Visualization Equipment
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
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. PENTAX Medical
12.4.2. TECHCORD Co., Ltd
12.4.3. Olympus Corporation
12.4.4. Medex World Wide
12.4.5. Karl Storz SE & Co. KG
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