Therapeutic Endoscopy Devices Market Set for Rapid Growth - Emergen Research

The global therapeutic endoscopy devices market size was USD 2.50 Billion in 2022 and is expected to register a revenue CAGR of 6.8% during the forecast period, according to latest analysis by Emergen Research.

Jan 15, 2025 - 09:11

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Therapeutic Endoscopy Devices Market Set for Rapid Growth - Emergen Research

Reports and Data’s latest document, titled ‘Global Therapeutic Endoscopy Devices Market - Forecast to 2027,’ is one of the most sought-after market reports involving an in-depth analysis of the global Therapeutic Endoscopy Devices market. The report’s authors have offered necessary details on the latest Therapeutic Endoscopy Devices market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Therapeutic Endoscopy Devices industry entails useful insights into the estimated Therapeutic Endoscopy Devices market size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcomes in the near future. Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans. The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of the global Therapeutic Endoscopy Devices market.

Our experienced market research team has provided updated information on the ongoing COVID-19 pandemic and its adverse economic impact in the latter segment of the report. The coronavirus outbreak has led to drastic changes in the current Therapeutic Endoscopy Devices business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation. The report eventually offers conclusive data related to the Therapeutic Endoscopy Devices market growth assessed on both regional and global levels.

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The Therapeutic Endoscopy Devices Market has experienced significant growth in recent years, driven by the increasing adoption of minimally invasive procedures and advancements in endoscopic technologies. Therapeutic endoscopy involves the use of specialized endoscopic devices to diagnose and treat various gastrointestinal (GI) disorders, respiratory conditions, and other medical ailments. These devices offer numerous benefits, such as reduced patient discomfort, shorter hospital stays, and faster recovery times, making them a preferred choice for both patients and healthcare providers. The market's expansion is further propelled by the growing prevalence of chronic diseases and the rising demand for efficient and cost-effective treatment options.

Therapeutic endoscopy devices encompass a wide range of instruments, including endoscopes, accessories, and specialized tools used for therapeutic interventions. Endoscopes are flexible or rigid tube-like devices equipped with a camera and light source, enabling doctors to visualize and navigate internal organs and tissues. These devices play a crucial role in diagnosing and treating conditions such as gastrointestinal bleeding, polyps, strictures, tumors, and other abnormalities.

The global therapeutic endoscopy devices market size was USD 2.50 Billion in 2022 and is expected to register a revenue CAGR of 6.8% during the forecast period, according to latest analysis by Emergen Research. One of the key drivers behind the growth of the therapeutic endoscopy devices market is the increasing preference for minimally invasive procedures. Minimally invasive techniques offer several advantages over traditional open surgeries, including smaller incisions, reduced scarring, and quicker recovery times. Patients undergoing therapeutic endoscopy procedures often experience less pain and discomfort, leading to improved patient satisfaction and outcomes.

Moreover, the rising prevalence of chronic diseases, such as gastrointestinal disorders and respiratory conditions, has boosted the demand for therapeutic endoscopy devices. With an aging population and changing lifestyles, the incidence of conditions like gastroesophageal reflux disease (GERD), colorectal cancer, and chronic obstructive pulmonary disease (COPD) is on the rise. Therapeutic endoscopy procedures provide effective treatment options for these conditions, leading to increased adoption by healthcare providers.

Despite the positive market outlook, the therapeutic endoscopy devices market faces certain challenges that may hinder its growth. One of the primary restraints is the high cost associated with endoscopic equipment and procedures. Advanced endoscopy devices, with features like high-definition imaging and advanced therapeutic capabilities, can be expensive, making them less accessible in some healthcare settings. Additionally, the need for specialized training to perform endoscopic procedures can limit the widespread adoption of these devices, especially in regions with a shortage of skilled endoscopists.

Furthermore, the risk of complications and adverse events during endoscopic procedures is a concern. Although therapeutic endoscopy is generally considered safe, certain procedures may carry risks such as bleeding, perforation, or infection. Healthcare providers must exercise caution and expertise while performing these interventions to minimize the likelihood of adverse outcomes.

Market Scope:

One of the report’s central components is the broad Therapeutic Endoscopy Devices market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Therapeutic Endoscopy Devices market players.

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Report Overview
1.1 Research Scope
1.2 Key Therapeutic Endoscopy Devices market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline

Top competitors of the Therapeutic Endoscopy Devices Market profiled in the report include:

Olympus Corporation, Medtronic, Cook, FUJIFILM Holdings Corporation, Boston Scientific Corporation, KARL STORZ, Stryker, Richard Wolf GmbH., PENTAX Medical, Smith+Nephew

Emergen Research has segmented the global Therapeutic Endoscopy Devices on the basis of product, fitting, application, and region:

Product Outlook (Revenue, USD Billion; 2019-2032)
- Endoscope
  - Rigid Endoscopy Devices
    1. Cystoscopes
    2. Laparoscopes
    3. Arthroscopes
    4. Urology endoscope
    5. Neuroendoscopes
    6. Other rigid endoscopes
  - Flexible Endoscopy Devices
    1. Bronchoscopes
    2. Colonoscopes
    3. Upper gastrointestinal endoscopes
    4. Nasopharyngoscopes
    5. Sigmoidoscopes
    6. Other flexible Endoscopy Devices
  - Capsule Endoscopy Devices
  - Disposable Endoscopy Devices
  - Robot Assisted Endoscopy Devices
- Mechanical Endoscopic Equipment
  - By Therapeutics
    1. Biopsy
    2. Polypectomy
    3. Hemostasis and suturing
    4. Biliary stone management and drainage
    5. Others
  - By Devices
    1. Endoscopic implants
    2. Graspers
    3. Snares
    4. Biopsy forceps
    5. Others
- Endoscopy Visualization Systems
  - Standard Definition (SD) Visualization Systems
    1. 2D systems
    2. 3D systems
  - High Definition (HD) Visualization Systems
    1. 2D systems
    2. 3D systems
  - Endoscopy Visualization Component
    1. Camera Heads
    2. Insufflators
    3. Suction Pumps
    4. Light Sources
    5. Others
  - Operative Devices
    1. Energy Systems
    2. Access Devices
    3. Hand Instruments
    4. Others

Hygiene Outlook (Revenue, USD Billion; 2019-2032)
- Single use
- Sterilization
- Reprocessing

Application Outlook (Revenue, USD Billion; 2019-2032)
- Gastrointestinal (GI) Endoscopy
- Respiratory Endoscopy
- Urology Endoscopy
- Gynecology Endoscopy
- Others (e.g., orthopedic endoscopy, neuroendoscopy)

Regional Analysis of the Therapeutic Endoscopy Devices Market:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key questions addressed in the report:

What are the key factors driving the global Therapeutic Endoscopy Devices market?
Who are the key manufacturers in this market space?
Who are the distributors, traders and dealers of this market?
What are the market opportunities and risks affecting the performance of the vendors in the global Therapeutic Endoscopy Devices market?
What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?

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Therapeutic Endoscopy Devices Snapshots

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