Market Overview:
The global gastrointestinal endoscopic device market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The most widely-used type of gastrointestinal endoscopic device was the flexible one, that took up a market share of nearly 92% in 2018. By application, snare polypectomy held the largest market share in 2018 and is expected to grow at a CAGR of 6.1%. ERCP is also expected to grow rapidly with a CAGR of 6%. Tissue resection held the third largest share in 2018 and is projected to grow at a CAGR of 5.5%.
Product Definition:
A gastrointestinal endoscopic device is a medical device used to examine the interior of the digestive tract. This can be done through a variety of methods, including visual inspection, removal of tissue for biopsy, or treatment of conditions. The use of a gastrointestinal endoscopic device is important for diagnosing and treating conditions within the digestive tract.
Flexible Endoscopes:
Flexible endoscopes are flexible tubes that are inserted into the body to view and examine internal organs. They comprise of a light, video camera, and optical fiber or wireless sensor for transmission of data to the physician. The most commonly used type is gastroscopic which is used for examination in upper gastrointestinal tract such as esophagus, stomach and intestine. It also allows physicians to take biopsy samples during the procedure if required by using surgical tools attached to it.
Capsule Endoscopes:
Endoscopes are medical devices used for visualizing the internal organs through the gastrointestinal tract. The capsule endoscopes, also known as swallowable endoscopic cameras or ESIC, can be used to diagnose and treat several gastrointestinal disorders. It is a flexible camera that is inserted into the digestive system via a hollow tube called as a feeding pipe or GI (gastrointestinal) tract.
Application Insights:
The others segment includes enteroscopy, endoscopy with biopsies, and others. The tissue resection segment is expected to grow at a lucrative rate during the forecast period owing to increasing number of gastric and colorectal surgeries. According to the American Cancer Society, in 2019, an estimated 80% of new cancer cases are diagnosed in developed countries such as U.S., Canada & France.
Snare polypectomy accounted for a significant market share in 2018 due to its rising adoption by hospitals across various regions coupled with increasing incidence rates of snare polypectomy procedures worldwide. Snare polypectomy involves removal of adenocarcinoma (tumor) from inside walls of stomach or from behind liver (hepaticenteric tumor).
Regional Analysis:
North America dominated the global market in 2018 owing to the increasing prevalence of colorectal cancer and other diseases associated with colon and rectal cancers. According to a study conducted by American Cancer Society, Inc., in 2019, over 1.7 million people will be diagnosed with colorectal cancer and about 59% of them will die within 5 years after their diagnosis. Thus, increasing number of surgeries due to these factors is expected to drive demand for Gastrointestinal Endoscopic Devices in this region during the forecast period.
Growth Factors:
- Increasing incidence of gastrointestinal diseases: The incidence of gastrointestinal diseases is increasing globally due to changing lifestyle and food habits. This is expected to drive the demand for gastrointestinal endoscopic devices in the coming years.
- Technological advancements: Gastrointestinal endoscopic devices are witnessing rapid technological advancements, which is resulting in improved performance and accuracy. This is likely to boost the demand for these devices in the near future.
- Growing awareness about early diagnosis and treatment: There is growing awareness among people about the importance of early diagnosis and treatment of gastrointestinal diseases. This is likely to create a positive impact on the growth of the global gastrointestinal endoscopic device market in future years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Gastrointestinal Endoscopic Device Market Research Report
By Type
Flexible Endoscopes, Capsule Endoscopes, The most widely-used type of Gastrointestinal Endoscopic Device was the Flexible one, that took up a market share of nearly 92% in 2018.
By Application
Snare Polypectomy, ERCP, Tissue Resection, Others
By Companies
Olympus, Hoya, Medtronic, Fujifilm, Karl Storz, Boston Scientific, Aohua
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Gastrointestinal Endoscopic Device Market Report Segments:
The global Gastrointestinal Endoscopic Device market is segmented on the basis of:
Types
Flexible Endoscopes, Capsule Endoscopes, The most widely-used type of Gastrointestinal Endoscopic Device was the Flexible one, that took up a market share of nearly 92% in 2018.
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
Snare Polypectomy, ERCP, Tissue Resection, 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
- Hoya
- Medtronic
- Fujifilm
- Karl Storz
- Boston Scientific
- Aohua
Highlights of The Gastrointestinal Endoscopic Device 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:
- Flexible Endoscopes
- Capsule Endoscopes
- The most widely-used type of Gastrointestinal Endoscopic Device was the Flexible one, that took up a market share of nearly 92% in 2018.
- By Application:
- Snare Polypectomy
- ERCP
- Tissue Resection
- 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 Gastrointestinal Endoscopic Device 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A gastroenterological endoscopic device (GED) is a type of medical instrument used to view the inside of the stomach and intestines. GEDs are inserted through a small incision in the side or bottom of the stomach and passed through to view the inside.
Some of the major players in the gastrointestinal endoscopic device market are Olympus, Hoya, Medtronic, Fujifilm, Karl Storz, Boston Scientific, Aohua.
The gastrointestinal endoscopic device 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. Gastrointestinal Endoscopic Device 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. Gastrointestinal Endoscopic Device Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Gastrointestinal Endoscopic Device Market - Supply Chain
4.5. Global Gastrointestinal Endoscopic Device Market Forecast
4.5.1. Gastrointestinal Endoscopic Device Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Gastrointestinal Endoscopic Device Market Size (000 Units) and Y-o-Y Growth
4.5.3. Gastrointestinal Endoscopic Device Market Absolute $ Opportunity
5. Global Gastrointestinal Endoscopic Device 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. Gastrointestinal Endoscopic Device Market Size and Volume Forecast by Type
5.3.1. Flexible Endoscopes
5.3.2. Capsule Endoscopes
5.3.3. The most widely-used type of Gastrointestinal Endoscopic Device was the Flexible one, that took up a market share of nearly 92% in 2018.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Gastrointestinal Endoscopic Device 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. Gastrointestinal Endoscopic Device Market Size and Volume Forecast by Application
6.3.1. Snare Polypectomy
6.3.2. ERCP
6.3.3. Tissue Resection
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Gastrointestinal Endoscopic Device 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. Gastrointestinal Endoscopic Device 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 Gastrointestinal Endoscopic Device 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. Gastrointestinal Endoscopic Device 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 Gastrointestinal Endoscopic Device Demand Share Forecast, 2019-2026
9. North America Gastrointestinal Endoscopic Device 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 Gastrointestinal Endoscopic Device 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 Gastrointestinal Endoscopic Device Market Size and Volume Forecast by Application
9.4.1. Snare Polypectomy
9.4.2. ERCP
9.4.3. Tissue Resection
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Gastrointestinal Endoscopic Device Market Size and Volume Forecast by Type
9.7.1. Flexible Endoscopes
9.7.2. Capsule Endoscopes
9.7.3. The most widely-used type of Gastrointestinal Endoscopic Device was the Flexible one, that took up a market share of nearly 92% in 2018.
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 Gastrointestinal Endoscopic Device Demand Share Forecast, 2019-2026
10. Latin America Gastrointestinal Endoscopic Device 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 Gastrointestinal Endoscopic Device 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 Gastrointestinal Endoscopic Device Market Size and Volume Forecast by Application
10.4.1. Snare Polypectomy
10.4.2. ERCP
10.4.3. Tissue Resection
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Gastrointestinal Endoscopic Device Market Size and Volume Forecast by Type
10.7.1. Flexible Endoscopes
10.7.2. Capsule Endoscopes
10.7.3. The most widely-used type of Gastrointestinal Endoscopic Device was the Flexible one, that took up a market share of nearly 92% in 2018.
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 Gastrointestinal Endoscopic Device Demand Share Forecast, 2019-2026
11. Europe Gastrointestinal Endoscopic Device 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 Gastrointestinal Endoscopic Device 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 Gastrointestinal Endoscopic Device Market Size and Volume Forecast by Application
11.4.1. Snare Polypectomy
11.4.2. ERCP
11.4.3. Tissue Resection
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Gastrointestinal Endoscopic Device Market Size and Volume Forecast by Type
11.7.1. Flexible Endoscopes
11.7.2. Capsule Endoscopes
11.7.3. The most widely-used type of Gastrointestinal Endoscopic Device was the Flexible one, that took up a market share of nearly 92% in 2018.
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 Gastrointestinal Endoscopic Device Demand Share, 2019-2026
12. Asia Pacific Gastrointestinal Endoscopic Device 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 Gastrointestinal Endoscopic Device 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 Gastrointestinal Endoscopic Device Market Size and Volume Forecast by Application
12.4.1. Snare Polypectomy
12.4.2. ERCP
12.4.3. Tissue Resection
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Gastrointestinal Endoscopic Device Market Size and Volume Forecast by Type
12.7.1. Flexible Endoscopes
12.7.2. Capsule Endoscopes
12.7.3. The most widely-used type of Gastrointestinal Endoscopic Device was the Flexible one, that took up a market share of nearly 92% in 2018.
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 Gastrointestinal Endoscopic Device Demand Share, 2019-2026
13. Middle East & Africa Gastrointestinal Endoscopic Device 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 Gastrointestinal Endoscopic Device 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 Gastrointestinal Endoscopic Device Market Size and Volume Forecast by Application
13.4.1. Snare Polypectomy
13.4.2. ERCP
13.4.3. Tissue Resection
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Gastrointestinal Endoscopic Device Market Size and Volume Forecast by Type
13.7.1. Flexible Endoscopes
13.7.2. Capsule Endoscopes
13.7.3. The most widely-used type of Gastrointestinal Endoscopic Device was the Flexible one, that took up a market share of nearly 92% in 2018.
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 Gastrointestinal Endoscopic Device Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Gastrointestinal Endoscopic Device Market: Market Share Analysis
14.2. Gastrointestinal Endoscopic Device Distributors and Customers
14.3. Gastrointestinal Endoscopic Device 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. Hoya
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Medtronic
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fujifilm
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Karl Storz
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Boston Scientific
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Aohua
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
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
