Market Overview:
The global colonoscopy devices market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of colorectal cancer, technological advancements in colonoscopy devices, and rising demand for minimally invasive procedures. Based on type, the global colonoscopy devices market is segmented into CT scanners colonoscopy and MRI scanners colonoscopy. The CT scanner segment is expected to account for the majority share of the global market in 2018. This can be attributed to factors such as rising demand for minimally invasive procedures and technological advancements in CT scanners.
Product Definition:
A colonoscopy is a test that uses a long, thin tube with a light and camera lens at the end (colonoscope) to look inside your rectum and colon.
CT Scanners Colonoscopy:
Colonoscopy is a procedure to examine the inner lining of the colon and rectum. During this procedure, a flexible tube called as a colonoscope is inserted into the intestine through the mouth and then it gets extracted back out after reaching its destination. The device works by using X-rays to create images of internal body organs.
MRI Scanners Colonoscopy:
Colonoscopy is a procedure to examine the inner lining of the colon and rectum. During this test, a flexible tube called as a colonoscope is inserted into the intestine through the mouth and then it moves towards the end of bowel until it reaches up to 10 feet away from its starting point. At this juncture, visual images are captured by an imaging device known as CT or MRI scanner which helps in diagnosis.
Application Insights:
Based on application, the global colonoscopy devices market is segmented into hospital colonoscopy and clinic/private colonoscopy. The hospital segment dominated the market in 2017 due to factors such as increasing prevalence of diseases such as cancer and inflammatory bowel disease that require endoscopic procedures for diagnosis. Furthermore, an increase in number of hospitals providing advanced healthcare services has also fueled demand for these devices. According to a study published by GlobalBurdenMap.org, around 54% of all deaths occur in low- and middle-income countries which account for only 5% of the world¢â‚¬â„¢s population but 25% of deaths occur due to cancer worldwide which accounts for 2% of total population globally.
Regional Analysis:
North America colonoscopy devices market accounted for the largest share in 2016 owing to the high prevalence of colorectal cancer and other diseases associated with a sedentary lifestyle. The increasing geriatric population is also one of the major factors contributing to market growth. According to statistics published by American Cancer Society, colorectal cancer is one of the most common cancers in North America, with about 110,000 new cases expected to be diagnosed this year. In addition, technological advancements such as digital imaging and wireless technology are also driving regional demand.
Asia Pacific colonoscopy devices market is anticipated to grow at a lucrative rate over the forecast period due its low cost coupled with presence of unmet medical needs & target population base (working class people).
Growth Factors:
- Increasing incidence of colorectal cancer: The incidence of colorectal cancer is increasing at an alarming rate across the globe. This is primarily attributed to the changing lifestyle and dietary habits of people. Colorectal cancer can be effectively detected and treated through regular colonoscopy screenings. Thus, the demand for colonoscopy devices is expected to rise in the coming years.
- Growing awareness about colorectal cancer: There is a growing awareness among people about the importance of early detection and treatment of colorectal cancer. This has led to an increase in demand for colonoscopy devices for screening purposes.
- Technological advancements in colonoscopy devices: The technological advancements in colonoscopy devices are helping to make these devices more user-friendly and efficient. This is resulting in an increase in their adoption by healthcare professionals worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Colonoscopy Devices Market Research Report
By Type
CT Scanners Colonoscopy, MRI Scanners Colonoscopy
By Application
Hospital, Clinic
By Companies
Boston Scientific, Fujifilm Holdings, HOYA Group, KARL STORZ, OLYMPUS, ANA-MED, Avantis Medical Systems, Endomed Systems, Getinge Group, GI-View, Boston Scientific, InMotion Medical
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
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Colonoscopy Devices Market Report Segments:
The global Colonoscopy Devices market is segmented on the basis of:
Types
CT Scanners Colonoscopy, MRI Scanners Colonoscopy
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
Hospital, Clinic
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:
- Boston Scientific
- Fujifilm Holdings
- HOYA Group
- KARL STORZ
- OLYMPUS
- ANA-MED
- Avantis Medical Systems
- Endomed Systems
- Getinge Group
- GI-View
- Boston Scientific
- InMotion Medical
Highlights of The Colonoscopy Devices 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:
- CT Scanners Colonoscopy
- MRI Scanners Colonoscopy
- By Application:
- Hospital
- Clinic
- 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 Colonoscopy Devices 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 colonoscopy is a procedure that uses a long, thin tube called a colonoscope to look inside the large intestine (colon). The doctor may use the colonoscope to see if there are any problems with your bowel (stomach and intestines) or rectum.
Some of the major companies in the colonoscopy devices market are Boston Scientific, Fujifilm Holdings, HOYA Group, KARL STORZ, OLYMPUS, ANA-MED, Avantis Medical Systems, Endomed Systems, Getinge Group, GI-View, Boston Scientific, InMotion Medical.
The colonoscopy devices market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Colonoscopy Devices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Colonoscopy Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Colonoscopy Devices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Colonoscopy Devices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Colonoscopy Devices Market Size & Forecast, 2020-2028
4.5.1 Colonoscopy Devices Market Size and Y-o-Y Growth
4.5.2 Colonoscopy Devices Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 CT Scanners Colonoscopy
5.2.2 MRI Scanners Colonoscopy
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Colonoscopy Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Colonoscopy Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 CT Scanners Colonoscopy
9.6.2 MRI Scanners Colonoscopy
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 CT Scanners Colonoscopy
10.6.2 MRI Scanners Colonoscopy
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 CT Scanners Colonoscopy
11.6.2 MRI Scanners Colonoscopy
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 CT Scanners Colonoscopy
12.6.2 MRI Scanners Colonoscopy
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 CT Scanners Colonoscopy
13.6.2 MRI Scanners Colonoscopy
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Colonoscopy Devices Market: Competitive Dashboard
14.2 Global Colonoscopy Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boston Scientific
14.3.2 Fujifilm Holdings
14.3.3 HOYA Group
14.3.4 KARL STORZ
14.3.5 OLYMPUS
14.3.6 ANA-MED
14.3.7 Avantis Medical Systems
14.3.8 Endomed Systems
14.3.9 Getinge Group
14.3.10 GI-View
14.3.11 Boston Scientific
14.3.12 InMotion Medical
