Global Endoscopes Market Size, by Type (Rigid Endoscopes, Flexible Endoscopes), Application (Gastrointestinal (GI) Endoscopy), Sales Channel, End User (Hospitals) & Region - Key Manufacturers, Analysis, Growth Trends, and Forecast till 2026

Category: Medical Devices     ID: IRP1842     Date: Oct, 2020
The global endoscopes market was estimated to be valued at USD XX million in 2015 and is projected to reach USD XX million/billion by 2026, at a CAGR of XX% during 2019 to 2026. Scope of global endoscopes market includes by type (Rigid Endoscopes, Flexible Endoscopes, Robot Assisted Endoscopes, Disposable Endoscopes), by application (Gastrointestinal (GI) Endoscopy, Urology Endoscopy, Neuroendoscopy), by sales channel (Direct, In-Direct), by end user (Hospitals, Clinics, Ambulatory Surgery Centers,) and by region (North America- U.S., Canada; Europe- U.K., France, Germany; Asia-Pacific- China, Japan, India; Latin America- Brazil, Mexico; Middle East & Africa- South Africa, Saudi Arabia).
Endoscopy is a non-surgical procedure used to examine, diagnose, and treat problems associated with visceral organs, with the help of specialized instrument, known as endoscope, to view and operate internal organs and vessels in the body. Endoscopes are inserted in the body through a small cut or natural opening in the body such as mouth. An endoscope, is flexible tube equipped with several other parts, such as a camera or a light source that help doctors to examine the internal organs of the body. Endoscopes are used to investigate symptoms, such as stomach ulcer, chronic constipation, pancreatitis, gallstones, tumors, infections, blockage of esophagus, hiatal hernia, and other digestive tract issues which make endoscopes more significant product across the globe.
The major applications of endoscopes are in the healthcare industry, which is a key factor stimulating the endoscopes market growth over the forecast period. Endoscopes are widely used to investigate symptoms, such as stomach ulcer, gallstones, tumors, and infections. Furthermore, the endoscopes are widely used to investigate symptoms in the digestive system, such as nausea, vomiting, abdominal pain, chronic constipation, difficulty swallowing, and gastrointestinal bleeding. Moreover, the healthcare industry is growing at an unprecedented rate across the globe, and this growth is attributable to the rising investment in the industry. The rise in the surgeries, owing to increase in the chronic diseases such as heart diseases, cancer, and diabetes among geriatric and young population, are the major factor in driving the endoscopes market growth over the coming years. Furthermore, the rise in the adoption of modern lifestyle, tend to increase various diseases associated with digestive system, which is expected to raise the demand for various endoscopic procedures for stomach, esophagus, and pulmonary endoscopy, which will increase the demand of endoscopes across the globe.
However, the lack of trained professionals, and infections caused by few endoscopes are expected to restrain the market growth in the coming years. The rise in the number of geriatric populations suffering from various chronic diseases such as cancer, increase the demand of biopsies endoscopy, and endoscopic ultrasound which is expected to boost the endoscopes market growth over the forecast period. Furthermore, the North America, Europe, and Asia Pacific regions are expected to have a significant market growth, owing to increase expenditure on healthcare infrastructure, increase adoption of advanced technologies, and rise in the awareness about the advantages of minimally invasive surgeries across the regions.
The global endoscopes market is primarily segmented by type, application, sales channel, end user and region.

In terms of type, the market is split into:
* Rigid Endoscopes
* Flexible Endoscopes
* Robot Assisted Endoscopes
* Disposable Endoscopes

In terms of application, the market is divided into:
* Gastrointestinal (GI) Endoscopy
* Urology Endoscopy
* Neuroendoscopy

On the sales channel front, the market is segmented into:
* Direct
* In-Direct

In terms of end user, the market is divided into:
* Hospitals
* Clinics
* Ambulatory Surgery Centers

The market is classified across regions and countries as follows:
* North America- U.S., Canada
* Europe- Russia, U.K., France, Germany, Italy
* Asia-Pacific- China, Japan, India, Australia
* Latin America- Brazil, Mexico
* Middle East & Africa- South Africa, Egypt, Saudi Arabia
Key Market Players:
The key players profiled in the market include:
* Hormel Foods Corporation
* Stokely-Van Comp, Inc.
* Olympus
* Glanbia Plc.
* MusclePharm
* HOYA Corporation
* Boston Scientific Corporation
* Fujifilm Holdings Corporation
* Johnson & Johnson
* Smith & Nephew, Plc
* Medrobiotics Corporation
* CONMED Corporation
These enterprises have been focusing on development strategies, such as expansions, new type launches, agreements & partnerships, and acquisitions to expand their business across the globe.
Key Benefits of the Report:
* Global, regional, country, type, sales channel, end user and application market size and their forecast from 2015-2026
* Identification and detailed analysis and insights on key market dynamics, such as drivers, opportunities, restraints, and challenges influencing the growth of the market
* Detailed analysis and insights on industry outlook with market specific PESTLE analysis, Porter’s Five Forces analysis, and Value Chain analysis, to achieve a better understanding of the market and prepare expansion strategies
* Identification and comprehensive analysis of key market players and their market share, detailed financial positions, key types, core competencies, and unique selling points
* Identification and analysis of Key players’ competitive developments and strategic initiatives, such as mergers, joint ventures, sales contracts, and new type introduction in the market
* Expert interviews and their insights on current and future outlook, market shift, and factors impacting vendors’ short term and long term strategies
* Detailed insights on emerging regions, type, sales channel, end user and application with qualitative and quantitative information and facts
* Identification of the key patents filed in the field of endoscopes
* Owing to the volatility seen in the market due to the Global COVID-19 pandemic, businesses around the globe wish to know the impact on their market and how this changes the projections for 2020 and the forthcoming years. Orian Research is in talks with seasoned market analysts and key note speakers to understand the impact of COVID 19 on markets and factors that will bring in stability in the foreseeable future

Target Audience:
* Endoscopes manufacturer & Application Providers
* Traders, Importers, and Exporters
* Raw Material Suppliers and Distributors
* Research and Consulting Firms
* Government and Research Organizations
* Associations and Industry Bodies

Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and typeion capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
* Manufacturers
* Suppliers
* Distributors
* Raw Material Providers
* Government Body & Associations
* Research Institutes

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