Sweden Endoscopy Devices Market

Sweden Endoscopy Devices Market

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raksha

Author :

Raksha Sharma

Vineet

Fact-checked by :

Vineet Pandey

Vishal

Editor :

Vishal Golekar

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.

Sweden Endoscopy Devices Market Key Takeaways

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.

Sweden Endoscopy Devices Market By Applications

Segments

The Sweden endoscopy devices market has been segmented on the basis of

Type of Devices

  • Endoscopes
  • Endoscopic Operative Device
  • Visualization Equipment

Applications

  • Gastroenterology
  • Pulmonology
  • Orthopedic Surgery
  • Cardiology
  • ENT Surgery
  • Gynecology
  • Neurology
  • Others

Country

              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.

Sweden 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. 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

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