Market Overview:
The global echo-endoscopes 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 prevalence of gastrointestinal diseases, rising demand for minimally invasive procedures, and technological advancements in echo-endoscopes. Based on type, the global echo-endoscopes market is segmented into adult and pediatric echo-endoscopes. The adult segment is expected to account for the majority share of the global Echo-Endoscope Market in 2018. This can be attributed to factors such as increasing incidence of gastrointestinal diseases among adults and growing preference for minimally invasive procedures over traditional surgical procedures.
Product Definition:
Echo-endoscopes are a type of endoscope that use sound waves to create an image of the internal organs. This type of endoscope is often used to view the inside of the stomach or intestines. The images created by echo-endoscopes are more accurate than those created by other types of endoscopes, and they can be used to diagnose conditions such as tumors or blockages.
Adult:
The global adult is the population aged between 18 to 65 years. It covers the age group of 18 to 45 years, and the age group of 46 to 65 years. The Echo-endoscopes market is majorly dominated by adults due to its usage in a wide range of conditions such as gastrointestinal diseases, urological diseases, neurological diseases and cancer among others.
Pediatric:
The global pediatric and it's usage in Echo-endoscopes market size was valued at USD 6.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. Increasing prevalence of chronic diseases such as cancer, gastrointestinal disorders, diabetes mellitus among children coupled with rising geriatric population base across the globe is anticipated to drive growth during the forecast period.
Application Insights:
Based on application, the market is segmented into hospitals, clinics and other medical facilities. Hospitals were the largest revenue-generating centers in 2017 due to a large number of procedures performed using these devices. Echo-endoscopes are used for various purposes such as diagnosis of gastrointestinal conditions, endoscopic surgeries and diagnostic imaging. The growing geriatric population prone to various diseases including cancer is expected to drive demand for endoscopic procedures which will subsequently boost product adoption over the forecast period.
The others segment includes dental care facilities, home healthcare services and veterinary hospitals among others where echo-endoscopes are used for taking images of internal organs or body cavities during diagnostic workups or surgical procedures respectively. Growing awareness about health issues coupled with rising disposable income levels has resulted in an increased number of visits by individuals seeking medical assistance from veterinarians at home followed by dental care providers at their offices or clinics thereby driving demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to factors such as favorable reimbursement scenario, high healthcare expenditure, and increasing prevalence of cancer & other diseases. Moreover, technological advancements coupled with presence of key players in this region are also expected to drive the demand for echocardiography devices over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the coming years due to improving healthcare infrastructure and rising awareness about advanced technologies such as endoscopy. In addition, economic development coupled with improvement in living standards has led to an increase in cardiovascular disease (CVD) cases which will boost product penetration further driving growth during the forecast period.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for echo-endoscopes is expected to grow at a CAGR of over 7% during the forecast period. This can be attributed to the increasing demand for minimally invasive surgeries, which are less risky and cause less pain and scarring than traditional open surgery.
- Technological advancements: The development of new technologies in echo-endoscopy is expected to drive market growth during the forecast period. For instance, recent advancements in 3D printing technology have led to the development of novel echo-endoscope designs that offer improved image quality and accuracy.
- Rising prevalence of gastrointestinal diseases: The incidence of gastrointestinal diseases such as Crohn’s disease, ulcerative colitis, and pancreatic cancer is on the rise globally due to changing lifestyles and dietary habits. This is likely to increase demand for echo-endoscopy procedures in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Echo-endoscopes Market Research Report
By Type
Adult, Pediatric
By Application
Hospitals, Clinics, Others
By Companies
KARL STORZ, Richard Wolf, Maxer, Provix, Sopro Comeg, Verathon, Micro-Tech (Nanjing) Co.,Ltd., Sonoscape Medical, Mindray Bio-Medical Electronics Co.,Ltd., Tiansong Medical, Novelbeam Technology, Olympus Corporation, Fujifilm, Hoya (Pentax)
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
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Echo-endoscopes Market Report Segments:
The global Echo-endoscopes market is segmented on the basis of:
Types
Adult, Pediatric
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
Hospitals, Clinics, 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:
- KARL STORZ
- Richard Wolf
- Maxer
- Provix
- Sopro Comeg
- Verathon
- Micro-Tech (Nanjing) Co.,Ltd.
- Sonoscape Medical
- Mindray Bio-Medical Electronics Co.,Ltd.
- Tiansong Medical
- Novelbeam Technology
- Olympus Corporation
- Fujifilm
- Hoya (Pentax)
Highlights of The Echo-endoscopes 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:
- Adult
- Pediatric
- By Application:
- Hospitals
- Clinics
- 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 Echo-endoscopes 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?
An Echo-endoscopes is a medical device that uses sound waves to view the inside of the body. It is often used to diagnose and treat diseases.
Some of the major players in the echo-endoscopes market are KARL STORZ, Richard Wolf, Maxer, Provix, Sopro Comeg, Verathon, Micro-Tech (Nanjing) Co.,Ltd., Sonoscape Medical, Mindray Bio-Medical Electronics Co.,Ltd., Tiansong Medical, Novelbeam Technology, Olympus Corporation, Fujifilm, Hoya (Pentax).
The echo-endoscopes market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Echo-endoscopes 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 Echo-endoscopes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Echo-endoscopes 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 Echo-endoscopes 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 Echo-endoscopes Market Size & Forecast, 2020-2028
4.5.1 Echo-endoscopes Market Size and Y-o-Y Growth
4.5.2 Echo-endoscopes 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 Adult
5.2.2 Pediatric
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 Hospitals
6.2.2 Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Echo-endoscopes 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 Echo-endoscopes 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 Adult
9.6.2 Pediatric
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 Hospitals
9.10.2 Clinics
9.10.3 Others
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 Adult
10.6.2 Pediatric
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 Hospitals
10.10.2 Clinics
10.10.3 Others
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 Adult
11.6.2 Pediatric
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 Hospitals
11.10.2 Clinics
11.10.3 Others
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 Adult
12.6.2 Pediatric
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 Hospitals
12.10.2 Clinics
12.10.3 Others
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 Adult
13.6.2 Pediatric
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 Hospitals
13.10.2 Clinics
13.10.3 Others
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 Echo-endoscopes Market: Competitive Dashboard
14.2 Global Echo-endoscopes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 KARL STORZ
14.3.2 Richard Wolf
14.3.3 Maxer
14.3.4 Provix
14.3.5 Sopro Comeg
14.3.6 Verathon
14.3.7 Micro-Tech (Nanjing) Co.,Ltd.
14.3.8 Sonoscape Medical
14.3.9 Mindray Bio-Medical Electronics Co.,Ltd.
14.3.10 Tiansong Medical
14.3.11 Novelbeam Technology
14.3.12 Olympus Corporation
14.3.13 Fujifilm
14.3.14 Hoya (Pentax)
