The global endoscopy procedures worldwide is projected to be worth USD 28.30 Billion by 2027, according to a current analysis by Emergen Research. The endoscopy procedures worldwide is observing high demand attributed to the rising occurrence of chronic diseases such as cancer. Cancer significantly impacts the societal and economic growth in the US and worldwide and is a major contributor to the cost burden of disease. The latest report provides detailed insights into endoscopy procedures worldwide trends, industry trends, consumer trends, market size, market share, market growth, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2023–2028. The report includes profiles of major players in the endoscopy procedures worldwide, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials. Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “endoscopy procedures worldwide Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2023 – 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.
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Global endoscopy procedures worldwide growth is driven by a variety of factors and trends, primary of which include rising focus by major companies on product/service expansion into new and untapped domestic endoscopy procedures worldwides, rising investments in strategic agreements, and rising competition in the market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is a major trend in an increasing number of developing economies. In addition, availability of favorable government policies and steady economic growth across various regions and countries is resulting in an increasing number of players focusing on leveraging opportunities to drive visibility and increase revenue and profits. It has been anticipated that 1,806,590 new cancer cases are likely to be diagnosed in the US in 2023, and 606,520 deaths will occur owing to the disease. Gastrointestinal (GI) cancer is the second leading cause of mortalities due to cancer and GI endoscopy. It is the most appropriate way for diagnosing the disease and hence boosting the laparoscopy endoscopy devices market demand.
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Key Highlights From The Report
- In October 2019, Medtronic PLC made an announcement about the introduction of GI Genius™ intelligent endoscopy module, which deploys AI to identify colorectal polyps and offer physicians with a strong tool in combatting colorectal cancer.
- Gynecological endoscopy is likely to witness a significant growth rate in the forecast period and finds usage in diagnosing common female conditions and pathologies, including certain infertility problems, endometrial polyps, and small vaginal hemorrhages, among others.
- Surging demand for keyhole surgery is a significant factor in driving the laparoscopy devices market growth attributed to its benefits comprising shorter stay at the hospital, quicker recovery time, reduced pain & bleeding post-surgery, and less scarring.
- The endoscopy procedures worldwide in the Asia Pacific region is estimated to grow at the fastest rate in the forecast period due to considerable economic growth, developing healthcare infrastructure, rising incidence of cancer, and a rising popularity of advanced diagnostic procedures.
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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Region wise performance of the Laparoscopy and Endoscopy Devices industry
North America endoscopy procedures worldwide growth registered a significant incline in 2023 and this is having major impact on market growth of other major regions. In addition, North America endoscopy procedures worldwide growth is expected to continue to remain dominant over other regional markets over the forecast period. Presence of major players in countries in the region is a key factor driving steady change in overall endoscopy procedures worldwide trends, and this is expected to continue to support market growth in North America.
Asia Pacific endoscopy procedures worldwide growth is expected to register a rapid rate in terms of revenue as compared to other regional markets over the forecast period. China, India, and South Korea accounted for significantly robust endoscopy procedures worldwide growth in 2023, and the trend is expected to continue over the forecast period. Factors such as increasing population, favorable government policies and initiatives, and availability of more advanced technologies, services, and offerings in these countries is driving endoscopy procedures worldwide growth in Asia Pacific.
Europe endoscopy procedures worldwide growth and revenue expansion is expected to remain steady over the forecast period. This can be attributed to robust focus on research and development initiatives by major firms and changing endoscopy procedures worldwide trends in countries in other major regions.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Southeast Asia
Chapter 1. Methodology & Sources
1.1. endoscopy procedures worldwide Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. endoscopy procedures worldwide Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2023-2028
Chapter 3. Key Insights
Chapter 4. endoscopy procedures worldwide Segmentation & Impact Analysis
4.1. endoscopy procedures worldwide Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. endoscopy procedures worldwide indicators analysis
4.2.2. endoscopy procedures worldwide drivers analysis
188.8.131.52. Rapid urbanization and industrialization
184.108.40.206. Stringent government regulations regarding carbon emissions
220.127.116.11. Increasing prevalence of respiratory diseases
18.104.22.168. Rising need to enhance indoor air quality
4.2.3. endoscopy procedures worldwide restraints analysis
22.214.171.124. High cost associated with the maintenance of Laparoscopy and Endoscopy Devices products
126.96.36.199. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. endoscopy procedures worldwide Revenue Share By Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2.1. North America
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
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The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Laparoscopy and Endoscopy Devices industry for the forecast period 2023-2027?
- What are the major driving forces expected to impact the development of the endoscopy procedures worldwide across different regions?
- Who are the major driving forces expected to decide the fate of the Laparoscopy and Endoscopy Devices industry worldwide?
- Who are the prominent market players making a mark in the endoscopy procedures worldwide with their winning strategies?
- Which Laparoscopy and Endoscopy Devices industry trends are likely to shape the future of the industry during the forecast period 2023-2027?
Table of Content
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