Market Overview:
The global endoscopic forceps 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 prevalence of gastrointestinal diseases, technological advancements in endoscopic devices, and rising demand for minimally invasive surgeries. Based on type, the global endoscopic forceps market is segmented into monopolar and bipolar forceps. Monopolar forceps are more commonly used as they provide better visualization due to their smaller size. However, bipolar forceps are gaining popularity due to their ability to seal blood vessels and reduce thermal injury. Based on application, the global endoscopic forceps market is segmented into hospitals, clinics, and others (including research institutes and training centers). Hospitals account for the majority of share in this market owing to rising number of surgical procedures performed in this setting. Clinics are expected to grow at a higher rate during the forecast period owing its growing popularity among patients for outpatient procedures.
Product Definition:
Endoscopic forceps are a medical tool used to grip and move objects inside the body. They may be used to remove foreign objects, tissue samples, or to help guide instruments during surgery.
Monopolar Endoscopic Forceps:
Monopolar endoscopic forceps is a device used for medical and surgical operations. It's basically an instrument that helps in applying steady pressure on the tissues or organs during surgery. The instrument consists of two metal prongs, which are used to apply pressure on the tissue or organ and cut off its blood supply by making a seal around it. This helps surgeons perform surgeries without using their hands, thus increasing their efficiency by reducing motion and stress on the body parts while performing surgeries.
Bipolar Endoscopic Forceps:
Bipolar endoscopic forceps is a medical device used for the treatment of various diseases and conditions. It consists of two metal prongs which are bent in the shape of an “L”, which allows surgeons to insert a surgical instrument through the skin and tissues into soft tissue or bone. The bipolar endoscopic forceps has different applications such as it can be used for abdominal operations, laparoscopy, thoracic operations & procedures & gynecology etc.
Application Insights:
Based on application, the global endoscopic forceps market is segmented into hospital, clinic and others. The hospital segment dominated the overall market in terms of revenue in 2017. This high share is attributable to factors such as increasing number of surgeries performed and rising prevalence of diseases requiring surgical intervention. In addition, a large number of hospitals has resulted in increased penetration rate for these devices due to their low cost compared to other healthcare facilities.
The clinic segment is expected to grow at a lucrative rate over the forecast period owing to growing awareness about endoscopic procedures among general practitioners (GPs).
Regional Analysis:
North America dominated the global endoscopic forceps market in 2017. This can be attributed to increasing R&D investments by key players, rising adoption of advanced technologies, and high healthcare expenditure in this region. Moreover, growing number of minimally invasive surgeries are also expected to drive the demand for these devices over the forecast period.
Major companies include B Braun Melsungen AG; Boston Scientific Corporation; Medtronic plc.; Stryker Corporation; Terumo BCT Inc.; Abbott Laboratories; Intuitive Surgical Inc.; Coloplast Ltd., among others The major companies operating in Europe include Siemens Healthineers GmbH & Co.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.8% from 2016 to 2021. This is primarily owing to the benefits offered by these procedures over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Endoscopic forceps are an important part of laparoscopic surgery and are used for various tasks such as grasping, cutting, coagulating, and dissecting tissues. Thus, the increasing demand for minimally invasive surgeries is expected to drive the growth of the endoscopic forceps market in the coming years.
- Technological advancements: The endoscopic forceps market has witnessed several technological advancements in recent years that have helped improve their performance and usability. For instance, manufacturers have started incorporating advanced features such as automatic locking mechanisms that reduce hand fatigue during prolonged use and adjustable grips that provide a better grip on slippery or delicate tissues. These innovations are likely to boost the adoption of endoscopic forceps among surgeons worldwide in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Endoscopic Forceps Market Research Report
By Type
Monopolar Endoscopic Forceps, Bipolar Endoscopic Forceps
By Application
Hospital, Clinic, Others
By Companies
B. Braun, Erbe, Arthrex, EndoMed Systems, LZQ, Argon Medical, Medi-Globe GmbH, LaproSurge, Johnson & Johnson, Olympus, CooperSurgical, Hangzhou Kangji Medical Instrument Ltd., Geyi Medical Instrument
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
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Endoscopic Forceps Market Report Segments:
The global Endoscopic Forceps market is segmented on the basis of:
Types
Monopolar Endoscopic Forceps, Bipolar Endoscopic Forceps
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, 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:
- B. Braun
- Erbe
- Arthrex
- EndoMed Systems
- LZQ
- Argon Medical
- Medi-Globe GmbH
- LaproSurge
- Johnson & Johnson
- Olympus
- CooperSurgical
- Hangzhou Kangji Medical Instrument Ltd.
- Geyi Medical Instrument
Highlights of The Endoscopic Forceps 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:
- Monopolar Endoscopic Forceps
- Bipolar Endoscopic Forceps
- By Application:
- Hospital
- Clinic
- 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 Endoscopic Forceps 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?
Endoscopic forceps are a medical instrument used to remove objects from the body by using a small incision through the skin. They are inserted through the mouth or nose and can be used to remove items such as stones, foreign bodies, and tumors.
Some of the major players in the endoscopic forceps market are B. Braun, Erbe, Arthrex, EndoMed Systems, LZQ, Argon Medical, Medi-Globe GmbH, LaproSurge, Johnson & Johnson, Olympus, CooperSurgical, Hangzhou Kangji Medical Instrument Ltd., Geyi Medical Instrument.
The endoscopic forceps 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 Endoscopic Forceps 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 Endoscopic Forceps Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Endoscopic Forceps 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 Endoscopic Forceps 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 Endoscopic Forceps Market Size & Forecast, 2020-2028
4.5.1 Endoscopic Forceps Market Size and Y-o-Y Growth
4.5.2 Endoscopic Forceps 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 Monopolar Endoscopic Forceps
5.2.2 Bipolar Endoscopic Forceps
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
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Endoscopic Forceps 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 Endoscopic Forceps 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 Monopolar Endoscopic Forceps
9.6.2 Bipolar Endoscopic Forceps
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
9.10.3 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 Monopolar Endoscopic Forceps
10.6.2 Bipolar Endoscopic Forceps
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
10.10.3 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 Monopolar Endoscopic Forceps
11.6.2 Bipolar Endoscopic Forceps
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
11.10.3 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 Monopolar Endoscopic Forceps
12.6.2 Bipolar Endoscopic Forceps
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
12.10.3 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 Monopolar Endoscopic Forceps
13.6.2 Bipolar Endoscopic Forceps
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
13.10.3 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 Endoscopic Forceps Market: Competitive Dashboard
14.2 Global Endoscopic Forceps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 B. Braun
14.3.2 Erbe
14.3.3 Arthrex
14.3.4 EndoMed Systems
14.3.5 LZQ
14.3.6 Argon Medical
14.3.7 Medi-Globe GmbH
14.3.8 LaproSurge
14.3.9 Johnson & Johnson
14.3.10 Olympus
14.3.11 CooperSurgical
14.3.12 Hangzhou Kangji Medical Instrument Ltd.
14.3.13 Geyi Medical Instrument
