Endoscopy Devices Market Outlook To 2024: In-Depth Market View, Key Product Categories (Endoscopes, Visualization Systems, Other Endoscopy Instruments, Accessories), Applications (GI, Laparoscopy, Ob/Gy Endoscopy, Arthroscopy, Urology, Otoscopy, Bronchoscopy, Mediastinoscopy, Laryngoscopy), End Use, Regional Segmentation, Top Players & Company Share, Competitive Dynamics, Growth Drivers & Restraints, M&A Insights, Segment Forecast And Key Conclusion

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The global endoscopy devices market was valued at $27.9bn in 2016 and is forecast to grow at a modest 5.6% CAGR between 2017 and 2024, culminating in 2024 global sales of $42.8bn.

 

The endoscopy devices market is anticipated to grow due to the factors such as rise in the healthcare expenditure, improvement in reimbursement coverage, technological advancements, rising prevalence of chronic diseases and rapid increase in the geriatric population across the globe. Moreover, high unmet needs across the developing and emerging nations is also expected to boost the endoscopy devices market over the next few years.

 

The U.S. spends nearly 3.2 trillion or 17% of GDP toward healthcare expenditure which is the highest across the globe. As per the data published by Administration of Aging (AoA), in the U.S., there were 46.2 million people aged above 65, and the number of people in this category is growing rapidly. Aging factors significantly contribute to the onset of several diseases or conditions which require surgical intervention. For instance, the average age for stomach cancer diagnosis is 69 and about every 6 in 10 patients diagnosed are aged above 65.

 

Moreover, as per the Agency for Healthcare Research and Quality (AHRQ) data, upper gastrointestinal endoscopy procedure was one of the most common procedure with every 39 people for 10,000 population in the U.S. Hospitals. The endoscopic procedures are widely used for the detection of stomach cancer. The American Cancer Society estimates that nearly 28,000 stomach cancer cases will be diagnosed in 2017, with 17,750 cases in men and 10,250 cases in women. In the UK, as per the 2014 Cancer Research estimates, each year nearly 6,682 new cases are detected, and the average survival rate is 15%.

 

Endoscopy Devices Market 2024

 

Pricing Analysis

 

“Optimal Price Point (OPP) for Endoscopy Devices”

 

Estimated Average Endoscopy Devices product cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.

 

Due to the wide array of products available in the market, pricing, positioning, and sales channel optimization play a vital role in the success of a product. On an average, in U.S., the endoscopic devices are available at USD 3600. However, the high-end products are available at much higher prices. The prices in emerging countries and developed countries vary significantly due to the difference in purchasing power and availability of latest products.

 


Endoscopes are the largest product category in 2016

 

The endoscopy devices market is broadly segmented by product as endoscopes, visualization systems, other endoscopic instruments, and accessories. The endoscopes are further categorized as rigid, flexible and capsule endoscopes. The visualization systems are segmented as wireless displays and monitors, endoscopic light sources, video converters, endoscopic cameras, video recorders, video processors and other visualization devices. The different accessories included in the scope of the study include light cables, cleaning brushes, surgical dissectors, needle forceps, fluid flushing devices, biopsy valves and others.

 

In 2016, endoscopes accounted for the maximum revenue share, and this segment is anticipated to extend its lead over the forecast period. However, in terms of category growth rate, the visualization systems are expected to register the maximum CAGR over the forecast period.

 

Application Insight

 

The endoscopy devices market by application is segmented as Gastrointestinal (GI) Endoscopy, Laparoscopy, Obstetrics/Gynecology Endoscopy, Arthroscopy, Urology Endoscopy, Bronchoscopy, Mediastinoscopy, Otoscopy, Laryngoscopy, and other applications. In 2016, GI Endoscopy was the largest segment and is expected to be the fastest-growing category over the forecast period.

 

End-Use Insight

 

The end-use segmentation includes hospitals, ambulatory surgery centers, and other healthcare providers. Hospitals represent the largest end use category due to the nature of procedure involved. Generally, the MIS surgeries are performed in hospital settings as these are complicated procedures requiring full-fledged medical services. However, few minor procedures are increasingly being performed in ambulatory settings as they are more cost effective and have a faster patient turnover time.

 

Regional Segmentation

 

North America accounted for over 37% revenue share in 2016. The key reasons attributed for the high share include the high prevalence of stomach and GI cancers, strong reimbursement framework, highly skilled medical professionals, technological advancements and government support for R&D and innovation in medical devices sector. Moreover, the presence of high-end hospital and ambulatory care services and high emphasis on preventive screening is expected to boost the usage rates over the forecast period.

 

Asia Pacific is expected to register the maximum CAGR of 7.5% through 2016 to 2024. The rapid increase in number of cancer cases, growing healthcare expenditure for infrastructure development and skill training, and improvement in reimbursement scenario are expected to favor the high market growth in the region.

 

Merger and Acquisition Insight

 

The merger and acquisition strategy is very critical for several companies looking forward to growing inorganically by venturing into new product categories or for regional expansion. With the rising investor confidence and positive market trends, several players are actively engaging in merger and acquisition activities. Moreover, the disruption in the global healthcare market due to political factors such as repealing Obama Care Act, changes in the regulatory framework, and other trade barriers, are anticipated to trigger merger and acquisition activities to drive market consolidation and further intensify the market competition.

 

Top Players & Company Share

 

The endoscopic devices market is highly competitive and some of the key success factors include technology, patient benefit, pricing, and distribution channel. As of 2016, major players in the market include Ethicon, Inc, Fujifilm Holdings Corporation, Karl Storz GmbH & Co.Kg, Stryker Corporation, Olympus Corporation, Boston Scientific Corporation, Richard Wolf GmbH, Pentax Medical (Hoya Corporation), Medtronic PLC, and Cook Medical Incorporated.

 

 

Market Segmentation

 

Endoscopy Devices Market by Product (Revenue, USD Million, 20124- 2024)

  • Endoscopes
    • Rigid Endoscopes
      • Laparoscopes
      • Arthroscopes
      • Urology Endoscopes
      • Cystoscopes
      • Gynecology Endoscopes
      • Neuroendoscopes
      • Other Rigid Endoscopes
    • Flexible Endoscopes
      • Upper Gastrointestinal Endoscopes
      • Colonoscopes
      • Bronchoscopes
      • Sigmoidoscopes
      • Laryngoscopes
      • Pharyngoscopes
      • Duodenoscopes
      • Nasopharyngoscopes
      • Rhinoscopes
      • Other Flexible Endoscopes
    • Capsule Endoscopes
  • Visualization Systems
  • Other Endoscopy Instruments
  • Accessories

Endoscopy Devices Market by Application (Revenue, USD Million, 2014 – 2024)

  • Laparoscopy
  • Obstetrics/Gynecology Endoscopy
  • Arthroscopy
  • Urology Endoscopy
  • Bronchoscopy
  • Mediastinoscopy
  • Otoscopy
  • Laryngoscopy
  • Other Applications

Endoscopy Devices Market by End-Use (Revenue, USD Million, 20124- 2024)

  • Hospitals
  • Ambulatory Surgical Centers/Clinics
  • Other End Users

Endoscopy Devices Systems Regional Outlook (Revenue, USD Million, 20124- 2024)

North America

  • U.S.
  • Canada

Europe

  • UK
  • Germany
  • France
  • Italy
  • Spain

Asia Pacific

  • Japan
  • China
  • India

Latin America

  • Brazil
  • Mexico
  • Columbia

Middle East and Africa

  • Saudi Arabia
  • UAE
  • South Africa

Chapter 1 Methodology and Scope

  • Research Methodology
  • Research Scope & Assumptions
  • List of Data Sources

Chapter 2 Executive Summary

Chapter 3 Endoscopy Devices Overview

  • Market Ecosystem
  • Key Stakeholders
  • Industry Trends& Analysis

Chapter 4 Endoscopy Devices Industry Outlook

  • Market Segmentation
  • Market Size & Growth Prospects
  • Market Analysis by Product
    • Endoscopes
      1. Rigid Endoscopes
        1. Laparoscopes
        2. Arthroscopes
        3. Urology Endoscopes
        4. Cystoscopes
        5. Gynecology Endoscopes
        6. Neuroendoscopes
        7. Other Rigid Endoscopes
      2. Flexible Endoscopes
        1. Upper Gastrointestinal Endoscopes
        2. Colonoscopes
        3. Bronchoscopes
        4. Sigmoidoscopes
        5. Laryngoscopes
        6. Pharyngoscopes
        7. Duodenoscopes
        8. Nasopharyngoscopes
        9. Rhinoscopes
        10. Other Flexible Endoscopes
      3. Capsule Endoscopes
    • Visualization Systems
    • Other Endoscopy Instruments
    • Accessories
  • Market Analysis by Application
    • Laparoscopy
    • Obstetrics/Gynecology Endoscopy
    • Arthroscopy
    • Urology Endoscopy
    • Bronchoscopy
    • Mediastinoscopy
    • Otoscopy
    • Laryngoscopy
    • Other Applications
  • Market Analysis by End Use
    • Hospitals
    • Ambulatory Surgical Centers/Clinics
    • Other End Users
  • Key Market Drivers
    • Growing prevalence of chronic diseases
    • Increasing number of MIS surgeries
    • Technological advancements
  • Key Market Challenges/ Restraint
  • Reimbursement and pricing issues
  • Lack of skilled professionals
  • Key Market Opportunities
  • High unmet needs in developing countries
  • Industry Analysis - Porter’s
  • Endoscopy Devices Market-PESTEL Analysis

Chapter 5: Pipeline Intelligence

  • Executive Summary
  • Upcoming/ Emerging Products and/or Solutions
  • Key R&D Trends

Chapter 6: Regulatory and Patent Analysis

  • Regulatory Landscape (U.S., Europe, and RoW)
  • Patent Landscape by Region (U.S., Europe, and RoW)

Chapter 7: Merger and Acquisition Outlook

  • Factors driving M&A in endoscopy devices market
  • Trends and future outlook
  • Average deal size by region

Chapter 8: Regional Market Outlook by Revenue (USD Billion)

Endoscopy Devices Market Landscape by Region- 2014
  • North America Market Landscape Analysis, 2014-2024 (USD Bn)
    • U.S. Market Landscape Analysis, 2014-2024
    • Canada Market Landscape Analysis-2014-2024
  • Europe Market Landscape Analysis, 2014-2024 (USD Bn)
    • UK Market Landscape Analysis, 2014-2024
    • Germany Market Landscape Analysis, 2014-2024
    • France Market Landscape Analysis, 2014-2024
    • Italy Market Landscape Analysis, 2014-2024
    • Spain Market Landscape Analysis, 2014-2024
  • Latin America Market Landscape Analysis, 2014-2024 (USD Bn)
    • Brazil Market Landscape Analysis, 2014-2024
    • Mexico Market Landscape Analysis, 2014-2024
  • Asia Pacific Market Landscape Analysis, 2014-2024 (USD Bn)
    • Japan Market Landscape Analysis, 2014-2024
    • China Market Landscape Analysis, 2014-2024
    • India Market Landscape Analysis, 2014-2024
  • Middle East & Africa Market Landscape Analysis, 2014-2024 (USD Bn)
    • Saudi Arabia Market Landscape Analysis, 2014-2024
    • UAE Market Landscape Analysis, 2014-2024
    • South Africa Market Landscape Analysis, 2014-2024

Chapter 9: Pricing Analysis

Optimal Price Points (OPP), Indifference Price Points (IPP) and Range of Acceptable Prices (RAP) and revenue estimation by Region- 2016
  • North America Pricing Analysis (OPP, IPP and RAP- 2016)
    • U.S. Pricing Analysis-2016
    • Canada Pricing Analysis-2016
  • Europe Pricing Analysis (OPP, IPP and RAP - 2016)
    • UK Pricing Analysis-2016
    • Germany Pricing Analysis-2016
    • France Pricing Analysis-2016
    • Italy Pricing Analysis-2016
    • Spain Pricing Analysis-2016
  • Latin America Pricing Analysis (OPP, IPP and RAP- 2016)
    • Brazil Pricing Analysis-2016
    • Mexico Pricing Analysis-2016
    • Colombia Pricing Analysis-2016
  • Asia Pacific Pricing Analysis (OPP, IPP and RAP- 2016)
    • Japan Pricing Analysis-2016
    • China Pricing Analysis-2016
    • India Pricing Analysis-2016
  • Middle East & Africa Pricing Analysis (OPP, IPP and RAP- 2016)
    • Saudi Arabia Pricing Analysis-2016
    • UAE Pricing Analysis-2016
    • South Africa Pricing Analysis-2016

Chapter 9: Competitive Landscape

  • Medtronic PLC
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Stryker Corporation
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Boston Scientific Corporation
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Smith & Nephew PLC
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Richard Wolf GmbH
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiatives
  • Cook Medical Incorporated
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Karl Storz GmbH & Co.Kg
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Fujifilm Holdings Corporation
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Olympus Corporation
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Ethicon, Inc.
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
List of Tables
  • TABLE 1 Endoscopy Devices Market - Industry Snapshot & Key Buying Criteria, 2014 - 2024
  • TABLE 2 Global Endoscopy Devices Market, 2014 – 2024 (USD Billion)
  • TABLE 3 Global Endoscopy Devices Market by Product, 2014 – 2024 (USD Billion)
  • TABLE 4 Global Endoscopy Devices Market by Application, 2014 – 2024 (USD Billion)
  • TABLE 4 Global Endoscopy Devices Market by End-Use, 2014 – 2024 (USD Billion)
  • TABLE 4 Global Endoscopy Devices Market by Geography, 2014 – 2024 (USD Billion)
  • TABLE 5 Endoscopy Devices Market - Key Market Driver Analysis
  • TABLE 6 Endoscopy Devices Market - Key Market Restraint/ Challenge Analysis
  • TABLE 7 Endoscopy Devices Market – Key Opportunity Analysis
  • TABLE 8 North America Endoscopy Devices Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 9 U.S. Endoscopy Devices Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 10 Canada Endoscopy Devices Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 11Europe Endoscopy Devices Market Landscape Analysis, 2014-2024(USD Billion)
  • TABLE 12 U.K Endoscopy Devices Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 13 Germany Endoscopy Devices Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 14 France Endoscopy Devices Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 15 Italy Endoscopy Devices Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 16 Spain Endoscopy Devices Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 17 Rest of World (RoW) Endoscopy Devices Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 18 Israel Endoscopy Devices Market Landscape Analysis, 2014-2024 (USD Billion)
  • TABLE 28 North America Pricing Analysis
  • TABLE 29 North America Pricing Analysis (OPP, IPP and RAP- 2016)
  • TABLE 30 U.S. Pricing Analysis-2016
  • TABLE 31 Canada Pricing Analysis-2016
  • TABLE 32 Europe Pricing Analysis (OPP, IPP and RAP- 2016)
  • TABLE 33 U.K Pricing Analysis-2016
  • TABLE 34 Germany Pricing Analysis-2016
  • TABLE 35 France Pricing Analysis-2016
  • TABLE 36 Italy Pricing Analysis-2016
  • TABLE 37 Spain Pricing Analysis-2016
  • TABLE 37 Latin America Pricing Analysis-2016
  • TABLE 37 Brazil Pricing Analysis-2016
  • TABLE 37 Mexico Pricing Analysis-2016
  • TABLE 37 Columbia Pricing Analysis-2016
  • TABLE 37 Asia Pacific Pricing Analysis-2016
  • TABLE 37 Japan Pricing Analysis-2016
  • TABLE 37 China Pricing Analysis-2016
  • TABLE 37 India Pricing Analysis-2016
  • TABLE38 Middle East and Africa Pricing Analysis-2016
  • TABLE38 Saudi Arabia Pricing Analysis-2016
  • TABLE39 UAE Pricing Analysis-2016
  • TABLE38 South Africa Pricing Analysis-2016
List of Figures-
  • FIG. 1 Endoscopy Devices Market Segmentation
  • FIG. 2 Market Size & Growth Prospects
  • FIG. 3 Leading Brand Dynamics
  • FIG. 4 Penetration & Growth Prospects
  • FIG. 5 Industry Analysis – Porter’s
  • FIG. 6 Endoscopy Devices Market – PESTEL Analysis
  • FIG. 7 Endoscopy Devices Market Share by Product, 2016 & 2024
  • FIG. 8 Endoscopy Devices Market Share by application, 2016 & 2024
  • FIG. 9 Endoscopy Devices Market Share by End-use, 2016 & 2024
  • FIG. 10 Endoscopy Devices Market Share by Region, 2016 & 2024

Key Insights Addressed:  

  • Defining market size from 2014 to 2015.
  • Estimating market growth till 2024 and consequence market forecast.
  • Identifying market drivers, restraints & future opportunities and allowing decision-maker with a range of possible outcomes and the probabilities that will occur for any choice of action.
  • Market segments and regions that will drive or lead market growth.
  • Defining Optimal Price Point (OPP) which will be accepted and recommended by maximum customers.
  • A bird's eye view of the competitive landscape and the key market players.
  • Key strategic growth driver adopted by market players. In-depth analysis of their strategies and implication on competition & growth.
    Key Findings:  
  • The global endoscopy devices market was valued at $27.9bn in 2016 and is forecast to grow at a modest 5.6% CAGR between 2017 and 2024, culminating in 2024 global sales of $42.8bn.
  • The U.S. spends nearly 3.2 trillion or 17% of GDP toward healthcare expenditure which is the highest across the globe.
  • Moreover, as per the Agency for Healthcare Research and Quality (AHRQ) data, upper gastrointestinal endoscopy procedure was one of the most common procedure with every 39 people for 10,000 population in the U.S. Hospitals.
  • Major players in the market include Ethicon, Inc, Fujifilm Holdings Corporation, Karl Storz GmbH & Co.Kg, Stryker Corporation, Olympus Corporation, Boston Scientific Corporation, Richard Wolf GmbH, Pentax Medical (Hoya Corporation), Medtronic PLC, and Cook Medical.

Ameri Research implies a unique methodology of published information and primary research to bring key insights to customer decision making process. Our analytics model helps us to understand the structured and unstructured information from various sources. Key steps involves in the process are as below-

    1. Analyzing Published Information- Access to large pool of paid and unpaid published information via different sources and analyzing market trend.
    2. Setting Foundation- Input from analysis of secondary sources set our foundation to market analysis and helps in setting the scope for further research. Setting the scope involves Ameri Research proprietary statistical model, discussion with industry leaders, internal brainstorming, key discussion pointers from various forums etc.
    3. Need Gap Analysis- Defining the gap between our scope and availability of information.
    4. KOL Panel Discussion- Focused Group Discussion with a structured discussion guide to fine tune the gap and deriving the factors driving/restraining the market trend.
    5. Quantitative Research- Sampling large number of industry players, Education/Research Institutes, Government bodies, NGOs, Individual acclaimed researchers and conducting the primary interview with a structured questionnaire.
    6. Data Triangulation- We apply bottom-up demand approach or top-down estimation or a combined approach to triangulate the data points.
    7. Analyst Comment- Each of our analysts carries large pool of experience from domain perspective and add their value which is directional in nature
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Description

The global endoscopy devices market was valued at $27.9bn in 2016 and is forecast to grow at a modest 5.6% CAGR between 2017 and 2024, culminating in 2024 global sales of $42.8bn.

 

The endoscopy devices market is anticipated to grow due to the factors such as rise in the healthcare expenditure, improvement in reimbursement coverage, technological advancements, rising prevalence of chronic diseases and rapid increase in the geriatric population across the globe. Moreover, high unmet needs across the developing and emerging nations is also expected to boost the endoscopy devices market over the next few years.

 

The U.S. spends nearly 3.2 trillion or 17% of GDP toward healthcare expenditure which is the highest across the globe. As per the data published by Administration of Aging (AoA), in the U.S., there were 46.2 million people aged above 65, and the number of people in this category is growing rapidly. Aging factors significantly contribute to the onset of several diseases or conditions which require surgical intervention. For instance, the average age for stomach cancer diagnosis is 69 and about every 6 in 10 patients diagnosed are aged above 65.

 

Moreover, as per the Agency for Healthcare Research and Quality (AHRQ) data, upper gastrointestinal endoscopy procedure was one of the most common procedure with every 39 people for 10,000 population in the U.S. Hospitals. The endoscopic procedures are widely used for the detection of stomach cancer. The American Cancer Society estimates that nearly 28,000 stomach cancer cases will be diagnosed in 2017, with 17,750 cases in men and 10,250 cases in women. In the UK, as per the 2014 Cancer Research estimates, each year nearly 6,682 new cases are detected, and the average survival rate is 15%.

 

Endoscopy Devices Market 2024

 

Pricing Analysis

 

“Optimal Price Point (OPP) for Endoscopy Devices”

 

Estimated Average Endoscopy Devices product cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.

 

Due to the wide array of products available in the market, pricing, positioning, and sales channel optimization play a vital role in the success of a product. On an average, in U.S., the endoscopic devices are available at USD 3600. However, the high-end products are available at much higher prices. The prices in emerging countries and developed countries vary significantly due to the difference in purchasing power and availability of latest products.

 


Endoscopes are the largest product category in 2016

 

The endoscopy devices market is broadly segmented by product as endoscopes, visualization systems, other endoscopic instruments, and accessories. The endoscopes are further categorized as rigid, flexible and capsule endoscopes. The visualization systems are segmented as wireless displays and monitors, endoscopic light sources, video converters, endoscopic cameras, video recorders, video processors and other visualization devices. The different accessories included in the scope of the study include light cables, cleaning brushes, surgical dissectors, needle forceps, fluid flushing devices, biopsy valves and others.

 

In 2016, endoscopes accounted for the maximum revenue share, and this segment is anticipated to extend its lead over the forecast period. However, in terms of category growth rate, the visualization systems are expected to register the maximum CAGR over the forecast period.

 

Application Insight

 

The endoscopy devices market by application is segmented as Gastrointestinal (GI) Endoscopy, Laparoscopy, Obstetrics/Gynecology Endoscopy, Arthroscopy, Urology Endoscopy, Bronchoscopy, Mediastinoscopy, Otoscopy, Laryngoscopy, and other applications. In 2016, GI Endoscopy was the largest segment and is expected to be the fastest-growing category over the forecast period.

 

End-Use Insight

 

The end-use segmentation includes hospitals, ambulatory surgery centers, and other healthcare providers. Hospitals represent the largest end use category due to the nature of procedure involved. Generally, the MIS surgeries are performed in hospital settings as these are complicated procedures requiring full-fledged medical services. However, few minor procedures are increasingly being performed in ambulatory settings as they are more cost effective and have a faster patient turnover time.

 

Regional Segmentation

 

North America accounted for over 37% revenue share in 2016. The key reasons attributed for the high share include the high prevalence of stomach and GI cancers, strong reimbursement framework, highly skilled medical professionals, technological advancements and government support for R&D and innovation in medical devices sector. Moreover, the presence of high-end hospital and ambulatory care services and high emphasis on preventive screening is expected to boost the usage rates over the forecast period.

 

Asia Pacific is expected to register the maximum CAGR of 7.5% through 2016 to 2024. The rapid increase in number of cancer cases, growing healthcare expenditure for infrastructure development and skill training, and improvement in reimbursement scenario are expected to favor the high market growth in the region.

 

Merger and Acquisition Insight

 

The merger and acquisition strategy is very critical for several companies looking forward to growing inorganically by venturing into new product categories or for regional expansion. With the rising investor confidence and positive market trends, several players are actively engaging in merger and acquisition activities. Moreover, the disruption in the global healthcare market due to political factors such as repealing Obama Care Act, changes in the regulatory framework, and other trade barriers, are anticipated to trigger merger and acquisition activities to drive market consolidation and further intensify the market competition.

 

Top Players & Company Share

 

The endoscopic devices market is highly competitive and some of the key success factors include technology, patient benefit, pricing, and distribution channel. As of 2016, major players in the market include Ethicon, Inc, Fujifilm Holdings Corporation, Karl Storz GmbH & Co.Kg, Stryker Corporation, Olympus Corporation, Boston Scientific Corporation, Richard Wolf GmbH, Pentax Medical (Hoya Corporation), Medtronic PLC, and Cook Medical Incorporated.

 

 

Market Segmentation

 

Endoscopy Devices Market by Product (Revenue, USD Million, 20124- 2024)

  • Endoscopes
    • Rigid Endoscopes
      • Laparoscopes
      • Arthroscopes
      • Urology Endoscopes
      • Cystoscopes
      • Gynecology Endoscopes
      • Neuroendoscopes
      • Other Rigid Endoscopes
    • Flexible Endoscopes
      • Upper Gastrointestinal Endoscopes
      • Colonoscopes
      • Bronchoscopes
      • Sigmoidoscopes
      • Laryngoscopes
      • Pharyngoscopes
      • Duodenoscopes
      • Nasopharyngoscopes
      • Rhinoscopes
      • Other Flexible Endoscopes
    • Capsule Endoscopes
  • Visualization Systems
  • Other Endoscopy Instruments
  • Accessories

Endoscopy Devices Market by Application (Revenue, USD Million, 2014 – 2024)

  • Laparoscopy
  • Obstetrics/Gynecology Endoscopy
  • Arthroscopy
  • Urology Endoscopy
  • Bronchoscopy
  • Mediastinoscopy
  • Otoscopy
  • Laryngoscopy
  • Other Applications

Endoscopy Devices Market by End-Use (Revenue, USD Million, 20124- 2024)

  • Hospitals
  • Ambulatory Surgical Centers/Clinics
  • Other End Users

Endoscopy Devices Systems Regional Outlook (Revenue, USD Million, 20124- 2024)

North America

  • U.S.
  • Canada

Europe

  • UK
  • Germany
  • France
  • Italy
  • Spain

Asia Pacific

  • Japan
  • China
  • India

Latin America

  • Brazil
  • Mexico
  • Columbia

Middle East and Africa

  • Saudi Arabia
  • UAE
  • South Africa

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