Market Overview:
The global endoscope light source market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries and rising prevalence of chronic diseases. In addition, technological advancements in endoscope light sources are also contributing to the growth of this market. Based on type, the global endoscope light source market is segmented into LED light sources, xenon light sources, and others (including halogen and metal-halide lamps). The LED light source segment is expected to grow at a higher CAGR than other segments during the forecast period. This can be attributed to its advantages such as low power consumption, long life span, and low heat generation. Based on application, the global endoscope light source market is divided into laparoscopy surgery, urology surgery, gastroenterology surgery,, arthroscopy surgery,, ENT surgery,, and other applications (including neurosurgery and plastic surgery). Laparoscopy surgical procedures are growing rapidly across the world due to their benefits such as reduced hospital stay time and less postoperative pain when compared with traditional open surgeries. As a result,.the laparoscopy application segment is projectedto register highest CAGRduringthe forecastperiodamong allapplication segments. Geographically,.Latin America,.Europe.
Product Definition:
An endoscope light source is a device that emits light into an endoscope to help the physician see inside the body. The importance of an endoscope light source is that it helps the physician see inside the body so they can make a diagnosis and/or treat a condition.
LED Light Source:
LED light source is a type of artificial light source that produces a narrow beam of white light. It is mainly used in endoscopy devices for illumination purposes. The growth factor in this market can be attributed to the increasing demand for minimally invasive procedures, technological advancements and cost-effectiveness offered by LED lights sources. Moreover, the growing geriatric population base worldwide will further boost usage rates during the forecast period.
Xenon Light Source:
Xenon light source is a type of laser that produces bright white light. It has longer wavelength than infrared and ultraviolet lights. The most common application of xenon light is in endoscope, which finds its usage in medical procedures to see the internal body organs during surgery. Endoscopes are used for various purposes such as diagnosis, treatment, and examination of the gastrointestinal tract (GIT) or respiratory system (RES).
Application Insights:
The gastroenterology segment dominated the global endoscope light source market in terms of revenue share in 2017. The application of endoscopic lights has significantly improved the diagnosis and treatment procedures for various gastrointestinal conditions, such as Crohn¢â‚¬â„¢s disease, ulcerative colitis, and cancerous tumors. Moreover, increasing research & development activities pertaining to advanced endoscopic equipment is expected to drive the segment over the forecast period.
Urology is anticipated to be one of the fastest-growing segments during the forecast period owing to an increase in demand for innovative diagnostic techniques that help detect early stage prostate cancer at a cost-effective rate. Endoscopy plays a significant role in urologic oncology as it allows surgeons access into deep tissues thereby improving tumor detection rates and treatment outcomes by providing better visibility into suspicious areas or lesions during surgery.
Regional Analysis:
North America dominated the global endoscope light source market in 2017. This can be attributed to the increasing prevalence of lifestyle-associated diseases, rising adoption of minimally invasive surgeries, and high healthcare expenditure in this region. In addition, growing preference for technologically advanced products is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to factors such as improving healthcare infrastructure and rising medical tourism due to availability of affordable treatments in countries like Japan and China.
Europe accounted for a significant share owing its well established medical device industry along with presence of major players operating within this region such as Bovie Medical Inc., Andover Healthcare GmbH & Co., KARL STORZ SE & Co.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily owing to the advantages offered by these surgeries over traditional open surgery procedures, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. The use of endoscope light sources in minimally invasive surgeries is expected to drive the growth of this market during the forecast period.
- Technological advancements: Endoscope light source manufacturers are constantly innovating their products in order to offer better performance and features. For instance, some manufacturers are now offering products that have adjustable brightness levels so that surgeons can customize the illumination as per their needs during surgery. Such technological advancements are likely to boost the demand for endoscope light sources in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Endoscope Light Source Market Research Report
By Type
LED Light Source, Xenon Light Source, Others
By Application
Laparoscopy, Urology, Gastroenterology, Arthroscopy, ENT, Others
By Companies
Olympus, Boston, HOYA, B. Braun, Fujifilm, Smith & Nephew, Stryker, Mindray, Conmed, Karl Storz, Schoelly Fiberoptic, Richard Wolf, Tiansong, Aohua, SonoScape, GIMMI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Endoscope Light Source Market Report Segments:
The global Endoscope Light Source market is segmented on the basis of:
Types
LED Light Source, Xenon Light Source, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Laparoscopy, Urology, Gastroenterology, Arthroscopy, ENT, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Olympus
- Boston
- HOYA
- B. Braun
- Fujifilm
- Smith & Nephew
- Stryker
- Mindray
- Conmed
- Karl Storz
- Schoelly Fiberoptic
- Richard Wolf
- Tiansong
- Aohua
- SonoScape
- GIMMI
Highlights of The Endoscope Light Source Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LED Light Source
- Xenon Light Source
- Others
- By Application:
- Laparoscopy
- Urology
- Gastroenterology
- Arthroscopy
- ENT
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Endoscope Light Source Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An endoscope light source is a device that emits light through the end of an instrument, such as an endoscope. This type of light can be used to see inside the body.
Some of the key players operating in the endoscope light source market are Olympus, Boston, HOYA, B. Braun, Fujifilm, Smith & Nephew, Stryker, Mindray, Conmed, Karl Storz, Schoelly Fiberoptic, Richard Wolf, Tiansong, Aohua, SonoScape, GIMMI.
The endoscope light source market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Endoscope Light Source 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. Endoscope Light Source Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Endoscope Light Source Market - Supply Chain
4.5. Global Endoscope Light Source Market Forecast
4.5.1. Endoscope Light Source Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Endoscope Light Source Market Size (000 Units) and Y-o-Y Growth
4.5.3. Endoscope Light Source Market Absolute $ Opportunity
5. Global Endoscope Light Source Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Endoscope Light Source Market Size and Volume Forecast by Type
5.3.1. LED Light Source
5.3.2. Xenon Light Source
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Endoscope Light Source Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Endoscope Light Source Market Size and Volume Forecast by Application
6.3.1. Laparoscopy
6.3.2. Urology
6.3.3. Gastroenterology
6.3.4. Arthroscopy
6.3.5. ENT
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Endoscope Light Source Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Endoscope Light Source Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Endoscope Light Source Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Endoscope Light Source Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Endoscope Light Source Demand Share Forecast, 2019-2026
9. North America Endoscope Light Source 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
9.2. North America Endoscope Light Source Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Endoscope Light Source Market Size and Volume Forecast by Application
9.4.1. Laparoscopy
9.4.2. Urology
9.4.3. Gastroenterology
9.4.4. Arthroscopy
9.4.5. ENT
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Endoscope Light Source Market Size and Volume Forecast by Type
9.7.1. LED Light Source
9.7.2. Xenon Light Source
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Endoscope Light Source Demand Share Forecast, 2019-2026
10. Latin America Endoscope Light Source 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. Latin America Average Pricing Analysis
10.2. Latin America Endoscope Light Source Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Endoscope Light Source Market Size and Volume Forecast by Application
10.4.1. Laparoscopy
10.4.2. Urology
10.4.3. Gastroenterology
10.4.4. Arthroscopy
10.4.5. ENT
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Endoscope Light Source Market Size and Volume Forecast by Type
10.7.1. LED Light Source
10.7.2. Xenon Light Source
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Endoscope Light Source Demand Share Forecast, 2019-2026
11. Europe Endoscope Light Source 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. Europe Average Pricing Analysis
11.2. Europe Endoscope Light Source Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Endoscope Light Source Market Size and Volume Forecast by Application
11.4.1. Laparoscopy
11.4.2. Urology
11.4.3. Gastroenterology
11.4.4. Arthroscopy
11.4.5. ENT
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Endoscope Light Source Market Size and Volume Forecast by Type
11.7.1. LED Light Source
11.7.2. Xenon Light Sourc
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Endoscope Light Source Demand Share, 2019-2026
12. Asia Pacific Endoscope Light Source Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Endoscope Light Source Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Endoscope Light Source Market Size and Volume Forecast by Application
12.4.1. Laparoscopy
12.4.2. Urology
12.4.3. Gastroenterology
12.4.4. Arthroscopy
12.4.5. ENT
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Endoscope Light Source Market Size and Volume Forecast by Type
12.7.1. LED Light Source
12.7.2. Xenon Light Source
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Endoscope Light Source Demand Share, 2019-2026
13. Middle East & Africa Endoscope Light Source Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Endoscope Light Source Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Endoscope Light Source Market Size and Volume Forecast by Application
13.4.1. Laparoscopy
13.4.2. Urology
13.4.3. Gastroenterology
13.4.4. Arthroscopy
13.4.5. ENT
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Endoscope Light Source Market Size and Volume Forecast by Type
13.7.1. LED Light Source
13.7.2. Xenon Light Source
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Endoscope Light Source Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Endoscope Light Source Market: Market Share Analysis
14.2. Endoscope Light Source Distributors and Customers
14.3. Endoscope Light Source Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Olympus
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Boston
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. HOYA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. B. Braun
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fujifilm
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Smith & Nephew
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Stryker
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mindray
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Conmed
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Karl Storz
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Schoelly Fiberoptic
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Richard Wolf
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Tiansong
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Aohua
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. SonoScape
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. GIMMI
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
