Spain Endoscopy Devices Market by Type of Devices [Visualization Equipment, Endoscopes, Endoscopic Operative Devices, and Others], Applications [Cardiology, Neurology, Pulmonology, Gynecology, Orthopedic Surgery, Laparoscopy, Gastroenterology, ENT Surgery, and Others], and Geography - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
Spain Endoscopy Devices Market Outlook 2031
The Spain endoscopy devices market size was USD 46.66 Billion in 2022 and is expected to reach USD 98.86 Billion by 2031 expand at significant CAGR 8.7% during forecast period 2023–2031. Growth of the market is attributed to increasing adoption of endoscopes for diagnosis and treatment, rising prevalence of cardiac disease, unhealthy lifestyles, rise in elderly population, and increasing number of treatments.
The endoscopy procedures are clinical methods that use instruments provided to inspect the inner part of a patient’s digestive tube, over cooperation with development of new product and clinics. Steris endoscopy is to give a major database of infection prevention, products, and medical devices for gastrointestinal endoscopy procedures.
The endoscopy products contain hemostatic clips, endoscopic tools for retrieval, superior polypectomy snares, and tissue acquisition endoscopy devices.
The covid-19 outbreak affected the Spain endoscopy devices corporations. The Spain endoscopy devices market players faced several problems varying from getting component required for manufacturing devices and providing end products to attract workers from quarantines. The coronavirus-driven quarantine put a brake on the element and device production, which increased product costs and reduced the market demand.
Spain Endoscopy Devices Market Trends, Drivers, Restraints, and Opportunities
- Increasing patient pool is projected to boost the market in the coming years.
- Rising geriatric population is a major factor fueling the market.
- Infection caused by few endoscopic treatments is anticipated to hamper the market growth.
- Lack of skilled technicians to operate endoscopic devices is projected to hamper the market growth in the coming years.
- R&D investment and technological advancement in endoscopy devices is projected to create lucrative opportunities for the market players.
Scope of the Spain Endoscopy Devices Market Report
The report on the Spain 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 - Spain Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016-2021 |
Forecast Period |
2023-2031 |
Segmentation |
Types of Devices [Visualization Equipment, Endoscopes, Endoscopic Operative Devices, and Others], Applications [Cardiology, Neurology, Pulmonology, Gynecology, Orthopedic Surgery, Laparoscopy, Gastroenterology, ENT Surgery, and Others] |
Geographical Scope |
Spain |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players covered in the Report |
Cook Group Incorporated, Johnson and Johnson, Boston Scientific Corporation, Olympus Corporation, Medtronic PLC, Karl Storz GmbH, Olympus Corporation, and Smith and Nephew Inc. |
Spain Endoscopy Devices Market Segment Insights
The visualization equipment segment accounts for a key share of the market
Based on types of devices, the Spain endoscopy devices market is divided into visualization equipment, endoscopes, endoscopic operative devices, and others. The visualization equipment segment is estimated to expand at a high CAGR during the forecast period. Growth of the market is attributed to the increasing adoption of endoscopes for diagnosis and treatment, rising prevalence of cardiac disease, unhealthy lifestyles, rising elderly population, and increasing number of treatments.
However, the endoscope segment is anticipated to expand at a rapid pace during the forecast period due to increasing patient pool, rising geriatric population, rising demand for endoscopic devices, and increasing preference for minor invasive surgeries.
The gynecology segment is anticipated to hold major market during the forecast period
Based on applications, the Spain endoscopy devices market is fragmented into cardiology, neurology, pulmonology, gynecology, orthopedic surgery, laparoscopy, gastroenterology, ENT surgery, and others. The gynecology segment is anticipated to hold a major market share during the forecast period. Growth of the market is attributed to rising population, increasing disposable income, growing patient pool, and rising geriatric population.
However, the laparoscopy segment is anticipated to expand at a rapid pace during the forecast period due to factors such as increasing adoption of endoscopes for diagnosis and treatment, rising prevalence of cardiac disease, unhealthy lifestyles, and rising elderly population.
Geographical outlook
The Spain endoscopy devices market is anticipated to expand at significant CAGR in the coming years, owing to rising population and rising disposable income. In addition, factors such as less recovery time & minimal postoperative complications, compensation policies pertaining to endoscopy devices in developed economies, favorable FDA approvals, and surge in patient preference for minor invasive surgeries are driving the market. Unsatisfied medical demands in developing sectors are anticipated to give lucrative opportunities for market expansion.
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. Cardiology
5.3.2. Neurology
5.3.3. Pulmonology
5.3.4. Gynecology
5.3.5. Orthopedic Surgery
5.3.6. Laparoscopy
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. Cardiology
7.4.2. Neurology
7.4.3. Pulmonology
7.4.4. Gynecology
7.4.5. Orthopedic Surgery
7.4.6. Laparoscopy
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. Cardiology
8.4.2. Neurology
8.4.3. Pulmonology
8.4.4. Gynecology
8.4.5. Orthopedic Surgery
8.4.6. Laparoscopy
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. Cardiology
9.4.2. Neurology
9.4.3. Pulmonology
9.4.4. Gynecology
9.4.5. Orthopedic Surgery
9.4.6. Laparoscopy
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. Cardiology
10.4.2. Neurology
10.4.3. Pulmonology
10.4.4. Gynecology
10.4.5. Orthopedic Surgery
10.4.6. Laparoscopy
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. Cardiology
11.4.2. Neurology
11.4.3. Pulmonology
11.4.4. Gynecology
11.4.5. Orthopedic Surgery
11.4.6. Laparoscopy
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. Cook Group Incorporated
12.4.2. Johnson and Johnson
12.4.3. Boston Scientific Corporation
12.4.4. Olympus Corporation
12.4.5. Medtronic PLC
12.4.6. Karl Storz GmbH