Sweden Endoscopy Devices Market by Type of Devices (Endoscopes, Endoscopic Operative Device, and Visualization Equipment), Applications (Gastroenterology, Pulmonology, Orthopedic Surgery, Cardiology, ENT Surgery, Gynecology, Neurology, and Others), and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021-2028
The Sweden endoscopy devices market size is anticipated to expand at a significant CAGR during the forecast period, 2021-2028. The growth of the market is attributed to technological advancements in endoscopes that can be used for early detection of diseases and rise in prevalence rate of chronic diseases.
Endoscopy is a minimally invasive medical procedure that diagnose, prevents, and treats complications associated with internal organs of the body. These devices are placed in the body through anus and mouth or through incisions, especially in case of arthroscopy. Endoscopy devices provide several other parts such as camera, which helps endoscopists to examine internal organs of interest.
The endoscopy devices market was negatively impacted by the COVID-19 pandemic due to decrease in patient volume in hospitals due to rescheduling and delaying of procedures for safety reasons.
Market Trends, Drivers, Restraints and Opportunities
- Rising demand for endoscopic devices in therapeutic and diagnostic procedures is projected to drive the market growth during the forecast period.
- Increasing prevalence of diseases related to age is expected to boost the market growth in the coming years.
- Growing geriatric population is expected to spur the market growth during the forecast period.
- Rising demand for minimally invasive endoscopic interventions is anticipated to drive the market growth during the forecast period.
- Increasing demand for biopsies for cancer detection and diagnosis is projected to drive the market growth during the forecast period.
- Lack of trained physicians & endoscopists and infections caused by endoscopes are estimated to restrict the market growth in the coming years.
- Unmet medical demands in developing countries are expected to provide can create lucrative opportunities during the forecast period.
- Booming healthcare sector in emerging economies is projected to lucrative create opportunities during the forecast period.
Scope of the Report
The report on the Sweden 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 - Sweden Industry Analysis, Growth, Share, Size, Trends, and Forecast |
| Base Year | 2020 |
| Historic Data | 2018–2019 |
| Forecast Period | 2021–2028 |
| Segmentation | Type of Devices (Endoscopes, Endoscopic Operative Device, and Visualization Equipment), Applications (Gastroenterology, Pulmonology, Orthopedic Surgery, Cardiology, ENT Surgery, Gynecology, Neurology, and Others) |
| Country | Sweden |
| 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; Johnson and Johnson; Medtronic PLC; KARL STORZ; and PENTAX Medical |
Sweden Endoscopy Devices Market Segment Insights
Visualization equipment segment to hold a significant market share
Based on type of devices, the market is divided into endoscopes, endoscopic operative device, and visualization equipment. The endoscopes segment is anticipated to hold a key share of the market in the coming years due to increase in chronic diseases and surge in adoption of technologically advanced medical devices. However, the visualization equipment segment is anticipated to expand at a rapid pace during the forecast period owing to increasing preference for HD visualization systems by medical professionals.
Neurology segment is expected to grow at a rapid pace
On the basis of applications, the market is segregated into gastroenterology, pulmonology, orthopedic surgery, cardiology, ENT surgery, gynecology, neurology, and others. The gastroenterology segment is anticipated to hold a key share of the market in the coming years due to the rising incidence of colorectal cancer (CRC) in younger adults, which leads to growing awareness of the target population of CRC screening. On the other hand, the neurology segment is anticipated to expand at a rapid pace during the forecast period owing to remove the tumor without cutting or harming other parts of the skull. For instance, in 2020, Pentax Medical announced to launch their J10 series of ultrasound video gastroscopes for better image quality and ergonomic design.
Segments
Segments Covered in the ReportThe Sweden endoscopy devices market has been segmented on the basis of
Type of Devices
- Endoscopes
- Endoscopic Operative Device
- Visualization Equipment
- Gastroenterology
- Pulmonology
- Orthopedic Surgery
- Cardiology
- ENT Surgery
- Gynecology
- Neurology
- Others
Sweden
Key Players
- Boston Scientific Corporation
- Johnson and Johnson
- Medtronic PLC
- KARL STORZ
- PENTAX Medical
Competitive Landscape
Key players competing in the Sweden endoscopy devices market includes Boston Scientific Corporation; Johnson and Johnson; Medtronic PLC; KARL STORZ; and PENTAX Medical.
Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.
In June 2021, Johnson and Johnson launched new energy product ENSEAL X1 Curved Jaw Tissue Sealer, an increases jurisdictional efficiency and provides stronger sealing and better access to more tissues.
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. Gastroenterology Pulmonology Orthopedic Surgery Cardiology ENT Surgery Gynecology
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. Gastroenterology Pulmonology Orthopedic Surgery Cardiology ENT Surgery Gynecology
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. Gastroenterology Pulmonology Orthopedic Surgery Cardiology ENT Surgery Gynecology
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. Gastroenterology Pulmonology Orthopedic Surgery Cardiology ENT Surgery Gynecology
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. Gastroenterology Pulmonology Orthopedic Surgery Cardiology ENT Surgery Gynecology
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. Gastroenterology Pulmonology Orthopedic Surgery Cardiology ENT Surgery Gynecology
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. Boston Scientific Corporation Johnson and Johnson Medtronic PLC KARL STORZ PENTAX Medical
The Sweden endoscopy devices market has been segmented on the basis of
Type of Devices
- Endoscopes
- Endoscopic Operative Device
- Visualization Equipment
- Gastroenterology
- Pulmonology
- Orthopedic Surgery
- Cardiology
- ENT Surgery
- Gynecology
- Neurology
- Others
Sweden
Key Players
- Boston Scientific Corporation
- Johnson and Johnson
- Medtronic PLC
- KARL STORZ
- PENTAX Medical
Key players competing in the Sweden endoscopy devices market includes Boston Scientific Corporation; Johnson and Johnson; Medtronic PLC; KARL STORZ; and PENTAX Medical.
Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.
In June 2021, Johnson and Johnson launched new energy product ENSEAL X1 Curved Jaw Tissue Sealer, an increases jurisdictional efficiency and provides stronger sealing and better access to more tissues.
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