Global Flexible Endoscopes Market Size, Trends & Growth Opportunity, By Type (Laparoscopes, Arthroscopes, Ureteroscopes, Cystoscopes, Gynecology Endoscopes, Neuroendoscopes, Bronchoscopes, Hysteroscopes, Laryngoscopes, Sinuscopes, Otoscopes, Sigmoidoscopes, Pharyngoscopes, Duodenoscope, Nasopharyngoscopes, Rhinoscopes, Colonoscopes), By End-use (Hospitals, Outpatient Facilities), By Region and Forecast till 2027.
Report ID : IR1001082 | Industries : Healthcare | Published On :May 2024 | Page Count : 256
Global Flexible Endoscopes Market Size, Trends & Growth Opportunity, By Type (Laparoscopes, Arthroscopes, Ureteroscopes, Cystoscopes, Gynecology Endoscopes, Neuroendoscopes, Bronchoscopes, Hysteroscopes, Laryngoscopes, Sinuscopes, Otoscopes, Sigmoidoscopes, Pharyngoscopes, Duodenoscope, Nasopharyngoscopes, Rhinoscopes, Colonoscopes), By End-use (Hospitals, Outpatient Facilities), By Region and Forecast till 2027.
Global Flexible Endoscopes Market.
The global Flexible Endoscopes market was valued at USD 9.61 billion in 2021 which expected to reach USD 16.1 billion by 2027 at a CAGR 8.26% from 2022-2027.
Rigid endoscopes are mostly used to see organs along a vertical axis, whereas flexible endoscopes are made of moveable and simple to manage tubes used to view interior organs. Flexible endoscopes are typically utilized in small procedures.
Market Drivers
The prevalence of internal body system-affecting chronic diseases, the benefits of flexible endoscopes over competing technologies, and rising public awareness of the importance of early detection of these conditions are all drivers propelling the market. These instruments are necessary for the diagnosis of several conditions, including tumours, inflammatory bowel diseases (IBD), stomach and colon cancer, and respiratory infections. As a result, there is a rising demand for these flexible devices as the prevalence of certain diseases rises. For example, the American Cancer Society, Inc. predicted that in 2022 there would be around 26,380 new cases of stomach cancer in the United States (15,900 in men and 10,480 in women), along with 106,180 new cases of colon cancer and 44,850 new instances of rectal cancer.
Impact of COVID-19 pandemic
Due to specific endoscopic treatments, like pulmonary and gastrointestinal endoscopy, being regarded as aerosol-generating procedures for SARS-CoV-2 transmission, the COVID-19 pandemic had an impact on the market for certain endoscopes. For instance, the American Society for Bronchology & Interventional Pulmonology revised its advice on how to treat COVID-19 patients who require the use of flexible bronchoscopes. According to the amended recommendations, bronchoscopy, an aerosol-generating technique, posed a significant risk to patients and employees. Hence, bronchoscopy was not the preferred method for the diagnosis of COVID-19 and was only applied to patients who were intubated if upper respiratory samples were negative.
Market Segmentation
The Global Flexible Endoscopes Market is segmented into Type, End-use. By Type such as Laparoscopes, Arthroscopes, Ureteroscopes, Cystoscopes, Gynecology Endoscopes, Neuroendoscopes, Bronchoscopes, Hysteroscopes, Laryngoscopes, Sinuscopes, Otoscopes, Sigmoidoscopes, Pharyngoscopes, Duodenoscope, Nasopharyngoscopes, Rhinoscopes, Colonoscopes. Further, market is segmented into By End-use such as Hospitals, Outpatient Facilities.
Regional Analysis
Global Flexible Endoscopes Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America dominated the Flexible Endoscopes market. The rise in chronic conditions that call for its use, including irritable bowel syndrome and colorectal and stomach cancer. Irritable bowel syndrome is thought to affect 12% of Americans, according to studies. In the region, 16.5% of people will be 65 or older or older in 2021, which is a surge in an ageing population that is more prone to chronic diseases. By 2050, this figure is predicted to increase to 20%, assisting market expansion. The region's market is additionally fueled by the accessibility of sophisticated flexible endoscopes and new product introductions like the aScope 4 Cysto from Ambu Inc., which obtained approval from Health Canada in April 2021. The regulatory approval of such products is anticipated to play a key role in boosting consumer demand for the market.
Key Players
Various key players are listed in this report such as Olympus Corporation, Richard Wolf GmbH, Smith n Nephew Inc, FUJIFILM Holdings Corp, Ambu A/S, Stryker Corporation, Boston Scientific, Karl Storz GmbH., Medtronic Plc (Covidien), Ethicon Endo-surgery.
Market Taxonomy
By Type
• Laparoscopes
• Arthroscopes
• Ureteroscopes
• Cystoscopes
• Gynecology Endoscopes
• Neuroendoscopes
• Bronchoscopes
• Hysteroscopes
• Laryngoscopes
• Sinuscopes
• Otoscopes
• Sigmoidoscopes
• Pharyngoscopes
• Duodenoscope
• Nasopharyngoscopes
• Rhinoscopes
• Colonoscopes
By End-use
• Hospitals
• Outpatient Facilities
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Flexible Endoscopes Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
Global Flexible Endoscopes Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Flexible Endoscopes Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Flexible Endoscopes Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Flexible Endoscopes Market Share Analysis, By Type
5.3 Global Flexible Endoscopes Market Size and Forecast, By Type
5.3.1 Laparoscopes
5.3.2 Arthroscopes
5.3.3 Ureteroscopes
5.3.4 Cystoscopes
5.3.5 Gynecology Endoscopes
5.3.6 Neuroendoscopes
5.3.7 Bronchoscopes
5.3.8 Hysteroscopes
5.3.9 Laryngoscopes
5.3.10 Sinuscopes
5.3.11 Otoscopes
5.3.12 Sigmoidoscopes
5.3.13 Pharyngoscopes
5.3.14 Duodenoscope
5.3.15 Nasopharyngoscopes
5.3.16 Rhinoscopes
5.3.17 Colonoscopes
6 Global Flexible Endoscopes Market, By End-use
6.1 Y-o-Y Growth Comparison, By End-use
6.2 Global Flexible Endoscopes Market Share Analysis, By End-use
6.3 Global Flexible Endoscopes Market Size and Forecast, By End-use
6.3. 1 Hospitals
6.3.2 Outpatient Facilities
7 Global Flexible Endoscopes Market, By Region
7.1 Global Flexible Endoscopes Market Share Analysis, By Region
7.2 Global Flexible Endoscopes Market Share Analysis, By Region
7.3 Global Flexible Endoscopes Market Size and Forecast, By Region
8 North America Flexible Endoscopes Market Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 North America Flexible Endoscopes Market Share Analysis, By Type
8.3 North America Flexible Endoscopes Market Size and Forecast, By End-use
8.4 North America Flexible Endoscopes Market Size and Forecast, By Country
8.5.1 U.S.
8.6.2 Canada
9.7.3 Mexico
9 Europe Flexible Endoscopes Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Europe Flexible Endoscopes Market Share Analysis, By Type
9.3 Europe Flexible Endoscopes Market Size and Forecast, By End-use
9.4 Europe Flexible Endoscopes Market Size and Forecast, By Country
9.5.1 Germany
9.6.2 France
9.7.3 UK
9.8.4. Rest of Europe
10 Asia Pacific Flexible Endoscopes Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Asia Pacific Flexible Endoscopes Market Share Analysis, By Type
10.3 Asia Pacific Flexible Endoscopes Market Size and Forecast, By End-use
10.4 Asia Pacific Flexible Endoscopes Market Size and Forecast, By Country
10.5.1 China
10.6.2 Japan
10.7.3 India
10.8.4. Rest of Asia Pacific
11 Latin America Flexible Endoscopes Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Latin America Flexible Endoscopes Market Share Analysis, By Type
11.3 Latin America Flexible Endoscopes Market Size and Forecast, By End-use
11.4 Latin America Flexible Endoscopes Market Size and Forecast, Country
11.5.1. Brazil
11.6.2. Rest of Latin America
12 Middle East Flexible Endoscopes Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Middle East Flexible Endoscopes Market Share Analysis, By Type
12.3 Middle East Flexible Endoscopes Market Size and Forecast, By End-use
12.4 Middle East Flexible Endoscopes Market Size and Forecast, By Country
12.5.1. Saudi Arabia
12.6.2. UAE
12.7.3. Egypt
12.8.4. Kuwait
12.9.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Olympus Corporation
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Richard Wolf GmbH
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Smith n Nephew Inc.
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 FUJIFILM Holdings Corp.
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Ambu A/S
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Stryker Corporation
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Boston Scientific
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Karl Storz GmbH.
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Medtronic Plc (Covidien)
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Ethicon Endo-surgery
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies