Endoscopy is an imaging technique used to see within bodily organs or blood vessels. This technology aids in surgical or therapeutic operations in addition to being used to detect damage. This market is being driven by factors such an ageing population with an increase in the prevalence of gastrointestinal, cancer, and other chronic diseases, a rise in the number of hospitals, and endoscopy-related technical advancements.
In the world of minimally invasive and non-invasive surgery, endoscopy is seen as a game-changer. A long, thin tube is sent into the body through a natural orifice, such as the mouth, to closely examine an internal organ or tissue during an endoscopy. In the coming years, the endoscopy equipment and software market will grow as a result of an increase in gastrointestinal problems, an older population with an increasing number of chronic and acute diseases, including cancer, as well as technical advancements.
Endoscopy equipment and software market- Segment analysis
By Product
- Endoscopes
- Flexible
- Rigid
- Capsule
- Robot-Assisted
- Others
- Visualization Documentation Systems
- Electronic Endoscopic Equipment
- Mechanical Endoscopic Equipment
- Software
- Accessories
- Others
The endoscopes segment is slated to capture a high revenue share over the estimated timeline ascribing to a rapid increase in elderly population, rising burden of various diseases, and widespread adoption of technologically advanced medical devices.
By Application
- Bronchoscopy
- Arthroscopy
- Laparoscopy
- Urology Endoscopy
- Neuroendoscopy
- Gastrointestinal Endoscopy
- Gynecology Endoscopy
- ENT Endoscopy
- Others
The laparoscope segment is poised to garner significant gains over 2022-2030 owing to the growing cases of morbid obesity and rise in the use of laparoscopic devices in diagnosis and therapeutic procedures related to pancreatic cancer and prostatectomy.
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Top Key Players:-
- Boston Scientific Corporation
- CONMED Corporation
- Cook Medical
- Ethicon Inc.
- Fujifilm Holdings Corporation
- HOYA Corporation
- JOHNSON JOHNSON
- KARL STORZ SE Co. KG
- Medtronic Plc
- Smith Nephew
- Olympus Corporation
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Frequently Asked Questions (FAQ):
- What is the global demand for Endoscopy Equipment and Software in terms of revenue?
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- At what CAGR is the market projected to grow within the forecast period?
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