Endoscopy Devices Market Share, Size, Future Growth and Opportunities by 2021-2026

The global endoscopy devices market reached a value of US$ 37 Billion in 2020.

According to the latest report by IMARC Group, titled “Endoscopy Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global endoscopy devices market reached a value of US$ 37 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 6.3% during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Endoscopy devices refer to long and thin tubular equipment that are inserted through the mouth or incision to examine the organs in the body. The device includes a light source and built-in camera to perform biopsies, arthroscopy and laparoscopic surgeries in the nose, stomach, ear, joints, heart, abdomen, throat, bladder, esophagus and colon. They are commonly available in rigid, flexible, capsule and robot-assisted variants. As a result, endoscopy devices are widely used in hospitals, clinics and ambulatory surgical centers (ASCs). 

The global endoscopy devices market is primarily being driven by the increasing prevalence of neurological, cancer, gastroesophageal and orthopedic disorders among the masses. In addition to this, the rising adoption of modern endoscopy devices for minimal post-surgical complications is favoring the market growth. Healthcare providers are also utilizing advanced endoscopy devices with high definition (HD) imaging, digital lens and robot-assisted solutions to provide a wider and more accurate field of view. Other factors, including extensive research and development (RD) activities in the field of biotechnology, along with the implementation of favorable government policies for improving healthcare infrastructure, are creating a positive outlook for the market.

Endoscopy Devices Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the endoscopy devices market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Boston Scientific Corporation
  • Johnson Johnson
  • FUJIFILM Holdings Corporation
  • HOYA Corporation
  • Karl Storz SE Co. KG
  • Machida Endoscope Co. Ltd
  • Medtronic Plc
  • Olympus Corporation
  • Richard Wolf GmbH
  • Smith Nephew plc
  • Stryker Corporation

Key Market Segmentation:

The report has segmented the endoscopy devices market on the basis of type, application, end use and region.

Breakup by Type:

  • Endoscopes
  • Endoscopy Visualization Systems
  • Endoscopy Visualization Components
  • Operative Devices

Breakup by Application:

  • Gastrointestinal Endoscopy
  • Urology Endoscopy
  • Laparoscopy
  • Gynaecology Endoscopy
  • Arthroscopy
  • Others

Breakup by End Use:

  • Hospitals and Clinics
  • Ambulatory Surgical Centers
  • Others

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Explore Full Report with TOC List of Figure: https://www.imarcgroup.com/endoscopy-devices-market

Key highlights of the report:            

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Industry Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Amara Murray

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