Market Overview:
The global light sources for endoscopy 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. Based on type, the LED light source segment is expected to account for the largest share of the global light sources for endoscopy market in 2018. This segment is projected to grow at a CAGR of 6.1% during the forecast period from 2018 to 2030. The growth in this segment can be attributed to its low power consumption, long life span, and low heat generation properties as compared with other types of light sources available in the market.
Product Definition:
A light source is a device that emits light. Light sources are used in endoscopy to illuminate the inside of an object. This allows the doctor or technician to see what they are doing and to diagnose any problems.
LED Light Source:
LED light source is a type of artificial light source that produces a narrow beam of light. It is used in endoscopy owing to its several advantages such as it can be easily controlled, has less heat production, and provides high intensity illumination. The growth factor for the LED endoscopy market includes increasing adoption rate for minimally invasive surgeries (MIS), technological advancements in LED technology, cost-effectiveness of these lights sources and growing demand from emerging economies like China & India.
Xenon Light Source:
Xenon light source is a type of artificial lighting that produces a shorter, brighter and purer form of radiation than conventional sources such as incandescent lights. It has several advantages over other sources including high intensity, narrow beam width and low heat production. The technology was developed in the early 1960s by Japanese researchers at the Tokyo University of Science with an aim to provide bright lighting for medical applications.
Application Insights:
The laparoscopy segment dominated the global light sources for endoscopy market in 2017. The increasing prevalence of chronic diseases, such as obesity and diabetes, is expected to drive the demand for laparoscopic procedures. Furthermore, an increase in the number of government initiatives promoting healthy lifestyle habits is likely to propel growth during the forecast period. For instance, according to a study published by NCBI in 2018; it was found that around 1 out of every 3 deaths occur due to cardiovascular diseases globally. Thus, increasing healthcare spending and burden of disease are expected to boost revenue generation during the forecast period.
Urology held a significant share owing to an increase in urological endoscopic procedures such as cystoscopies anduretosonography among others performed byrologists or surgeons with ureteroscope or cystoscope respectively which requires illumination source for better visualization resulting into high market penetration rate over recent years.
Regional Analysis:
North America dominated the global light sources for endoscopy market with a revenue share of over 35% in 2017. This is due to the increasing prevalence of diseases and disorders, rising geriatric population, technological advancements such as 3D/4D imaging systems and surgical robots, and growing adoption of minimally invasive surgeries. Moreover, high healthcare expenditure levels in this region are also driving growth.
Asia Pacific is expected to be the fastest-growing regional market from 2018 to 2030 owing to various factors such as improving economic conditions leading to increased disposable income levels resulting in higher demand for medical devices & consumables used during surgery & imaging procedures; increase in foreign investments by international companies; rise in government initiatives aimed at reducing maternal mortality rates associated with childbirth; improvement or establishment of infrastructure facilities including hospitals & diagnostic centers that use endoscopes for performing surgeries using light sources.
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 increasing preference for minimally invasive procedures over traditional open surgery procedures, due to their shorter recovery time and lesser surgical trauma. The need for better visualization during these procedures is driving the demand for light sources for endoscopy.
- Technological advancements in endoscopes: Endoscope technology is constantly evolving, with new features being added regularly in order to make these devices more user-friendly and effective. For instance, recent advancements include wireless connectivity between an endoscope and a workstation, as well as the ability to capture high-resolution images even in low-light conditions. Such technological advances are boosting the adoption of light sources for endoscopy globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Light Sources for Endoscopy 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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Light Sources for Endoscopy Market Report Segments:
The global Light Sources for Endoscopy 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 Light Sources for Endoscopy 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 Light Sources for Endoscopy 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?
Light sources for endoscopy can be divided into two categories: general and specific. General light sources include incandescent, halogen, and fluorescent lamps. Specific light sources include lasers, fiber-optic probes, and optical coherence tomography (OCT) devices.
Some of the major players in the light sources for endoscopy market are Olympus, Boston, HOYA, B. Braun, Fujifilm, Smith & Nephew, Stryker, Mindray, Conmed, Karl Storz, Schoelly Fiberoptic, Richard Wolf, Tiansong, Aohua, SonoScape, GIMMI.
The light sources for endoscopy 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. Light Sources for Endoscopy 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. Light Sources for Endoscopy Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Light Sources for Endoscopy Market - Supply Chain
4.5. Global Light Sources for Endoscopy Market Forecast
4.5.1. Light Sources for Endoscopy Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Light Sources for Endoscopy Market Size (000 Units) and Y-o-Y Growth
4.5.3. Light Sources for Endoscopy Market Absolute $ Opportunity
5. Global Light Sources for Endoscopy 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. Light Sources for Endoscopy 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 Light Sources for Endoscopy 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. Light Sources for Endoscopy 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 Light Sources for Endoscopy 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. Light Sources for Endoscopy 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 Light Sources for Endoscopy 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. Light Sources for Endoscopy 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 Light Sources for Endoscopy Demand Share Forecast, 2019-2026
9. North America Light Sources for Endoscopy 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 Light Sources for Endoscopy 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 Light Sources for Endoscopy 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 Light Sources for Endoscopy 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 Light Sources for Endoscopy Demand Share Forecast, 2019-2026
10. Latin America Light Sources for Endoscopy 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 Light Sources for Endoscopy 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 Light Sources for Endoscopy 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 Light Sources for Endoscopy 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 Light Sources for Endoscopy Demand Share Forecast, 2019-2026
11. Europe Light Sources for Endoscopy 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 Light Sources for Endoscopy 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 Light Sources for Endoscopy 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 Light Sources for Endoscopy Market Size and Volume Forecast by Type
11.7.1. LED Ligh Source
11.7.2. Xenon Light Source
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 Light Sources for Endoscopy Demand Share, 2019-2026
12. Asia Pacific Light Sources for Endoscopy 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 Light Sources for Endoscopy 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 Light Sources for Endoscopy 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 Light Sources for Endoscopy 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 Light Sources for Endoscopy Demand Share, 2019-2026
13. Middle East & Africa Light Sources for Endoscopy 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 Light Sources for Endoscopy 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 Light Sources for Endoscopy 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 Light Sources for Endoscopy 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 Light Sources for Endoscopy Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Light Sources for Endoscopy Market: Market Share Analysis
14.2. Light Sources for Endoscopy Distributors and Customers
14.3. Light Sources for Endoscopy 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
