Published :
Tables : 64
Figures : 46
Category : Healthcare
No. of Pages : 235
Report Code : HC-U3294
Endoscopy Equipment and Software Market is estimated to value over USD 37.8 billion by 2027 end with a CAGR of over 6.4% during the forecast period 2020 to 2027. Rising insistence for endoscopic procedures, increased funds and grants for research and development in endoscopy software, increased adoption of endoscopy equipment in hospital settings, advancements in technology are some of the crucial factors contributing to the growth of the market. According to the data provided by the Gastroenterology, 2019, over 10 million colonoscopies, over 6 million upper endoscopies, over 310,000 flexible sigmoidoscopies are performed every year in the United States. Furthermore, endoscopy is increasingly being used for treating multiple disorders like orthopedic disorders, cancer, gastroesophageal reflux disorders and neurological disorders. As per the report provide by the Cancer Research, UK, over 15 million cases of cancer were registered worldwide in 2017 and this number is predicted to reach over 25 million by 2040, i.e. a rise of over 60%. Furthermore, as per the report published by the Lancet Commission on Global Surgery, over 75% of cancer patients require surgery. Such factors shall contribute to the growth of the market. Conversely, unfavourable reimbursement facilities in the United States, high expense of endoscopy equipment along with limited or no reimbursement in underdeveloped and developing nations are some factors restraining the endoscopy equipment and software market growth. Furthermore, the increased inclination of patients to Ayurveda medicines shall possibly impede the market growth. Furthermore, the healthcare professionals needed to be trained for maintaining and handling the endoscopic equipment effectively, but a lack of these professionals has impeded the market growth significantly. Market Segmentation: By Product • Endoscope • Visualization Systems • Software • Electronic • Mechanical • Accessories By Application • Diagnostic • Surgery By End User • Hospitals • Ambulatory Care Centre • Diagnostic Centre By Region • North America • Europe • Asia-Pacific • Latin America • Middle East and Africa The market is fragmented into product, application, end user and region. The product segment is divided into endoscope, visualization systems, software, electronic, mechanical and accessories. The endoscopes are predicted to hold the endoscopy equipment and software market share owing to benefits like low cost, ease in the implementation of procedure, real-time monitoring, low risk than conventional surgeries and the flexible nature of the procedure. Furthermore, increased priority of surgical procedures that are minimally invasive and the rising usage of single use endoscopes has assisted in the proliferation of the market. The application segment is classified into diagnostic and surgery. The diagnostic segment is anticipated to lead the market, and this can be credited to a rise in the geriatric population with the increasing prevalence of disease, improvements in the healthcare infrastructure in underdeveloped and developing nations. The end user segment is bifurcated into hospitals, ambulatory care and diagnostic centre. The hospital segment is anticipated to dominate the market due to the increased initiatives by the governments of the emerging nations in developing an appropriate infrastructure for healthcare. Regional Analysis: The North America region is expected to dominate the market owing to an increased adoption of endoscopes in hospitals, increased occurrence of cancer, improvements in the reimbursement policies in the region, increased investments for research and development of endoscopic software and devices. Competitive Landscape: Some of the prominent market players are Olympus, KARL STORZ, Stryker, Boston Scientific, Ethicon, Fujifilm Corporation, Medtronic, Hoya Corporation, Richard Wolf GmbH, Smith & Nephew, Cook Medical, Cogentix Medical, and B. Braun. FutureWise Key Takeaways: • Growth prospects • SWOT analysis • Key market trends • Key data-points affecting market growth Objectives of the Study: • To provide with an exhaustive analysis on the global endoscopy equipment and software market by product, by application, by end user and by region • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) • To evaluate and forecast micro-markets and the overall market • To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East and Africa • To record, evaluate and analyze competitive landscape mapping- product launches, technological advancements, mergers and expansions Flexible Delivery Model: • We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement • The customization Mobility Care offered are free of charge with purchase of any license of the report • You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com
Rising insistence for endoscopic procedures, increased funds and grants for research and development in endoscopy software, increased adoption of endoscopy equipment in hospital settings, advancements in technology are some of the crucial factors contributing to the growth of the market. According to the data provided by the Gastroenterology, 2019, over 10 million colonoscopies, over 6 million upper endoscopies, over 310,000 flexible sigmoidoscopies are performed every year in the United States. Furthermore, endoscopy is increasingly being used for treating multiple disorders like orthopedic disorders, cancer, gastroesophageal reflux disorders and neurological disorders. As per the report provide by the Cancer Research, UK, over 15 million cases of cancer were registered worldwide in 2017 and this number is predicted to reach over 25 million by 2040, i.e. a rise of over 60%. Furthermore, as per the report published by the Lancet Commission on Global Surgery, over 75% of cancer patients require surgery. Such factors shall contribute to the growth of the market. Conversely, unfavourable reimbursement facilities in the United States, high expense of endoscopy equipment along with limited or no reimbursement in underdeveloped and developing nations are some factors restraining the endoscopy equipment and software market growth. Furthermore, the increased inclination of patients to Ayurveda medicines shall possibly impede the market growth. Furthermore, the healthcare professionals needed to be trained for maintaining and handling the endoscopic equipment effectively, but a lack of these professionals has impeded the market growth significantly.
Market Segmentation:
By Product • Endoscope • Visualization Systems • Software • Electronic • Mechanical • Accessories By Application • Diagnostic • Surgery By End User • Hospitals • Ambulatory Care Centre • Diagnostic Centre By Region • North America • Europe • Asia-Pacific • Latin America • Middle East and Africa
The market is fragmented into product, application, end user and region. The product segment is divided into endoscope, visualization systems, software, electronic, mechanical and accessories. The endoscopes are predicted to hold the endoscopy equipment and software market share owing to benefits like low cost, ease in the implementation of procedure, real-time monitoring, low risk than conventional surgeries and the flexible nature of the procedure. Furthermore, increased priority of surgical procedures that are minimally invasive and the rising usage of single use endoscopes has assisted in the proliferation of the market. The application segment is classified into diagnostic and surgery. The diagnostic segment is anticipated to lead the market, and this can be credited to a rise in the geriatric population with the increasing prevalence of disease, improvements in the healthcare infrastructure in underdeveloped and developing nations. The end user segment is bifurcated into hospitals, ambulatory care and diagnostic centre. The hospital segment is anticipated to dominate the market due to the increased initiatives by the governments of the emerging nations in developing an appropriate infrastructure for healthcare.
Regional Analysis:
The North America region is expected to dominate the market owing to an increased adoption of endoscopes in hospitals, increased occurrence of cancer, improvements in the reimbursement policies in the region, increased investments for research and development of endoscopic software and devices.
Competitive Landscape:
Some of the prominent market players are Olympus, KARL STORZ, Stryker, Boston Scientific, Ethicon, Fujifilm Corporation, Medtronic, Hoya Corporation, Richard Wolf GmbH, Smith & Nephew, Cook Medical, Cogentix Medical, and B. Braun. FutureWise Key Takeaways:
• Growth prospects • SWOT analysis • Key market trends • Key data-points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on the global endoscopy equipment and software market by product, by application, by end user and by region • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) • To evaluate and forecast micro-markets and the overall market • To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East and Africa • To record, evaluate and analyze competitive landscape mapping- product launches, technological advancements, mergers and expansions
Flexible Delivery Model:
• We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement • The customization Mobility Care offered are free of charge with purchase of any license of the report • You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com
1. Market Introduction 1.1 Objectives of the Study 1.2 Market Definition 1.3 Market Scope 1.3.1 Years Considered for the Study 1.3.2 Market Covered 1.4 Currency 1.5 Limitations 1.6 Stakeholders 2. Research Methodology 2.1 Research Data 2.1.1 Secondary Data 2.1.1.1 Key Data from Secondary Sources 2.1.2 Primary Data 2.1.2.1 Key Data from Primary Sources 2.2 Market Size Estimation 2.3 Market Breakdown and Data Triangulation 2.4 Assumptions for the Study 3. Executive Summary 3.1 Market Outlook 3.2 Segment Outlook 3.3 Competitive Insights 4. Market Variables, Trends & Scope 4.1 Market Lineage Outlook 4.2 Penetration and Growth Prospect Mapping 4.3 Industry Value Chain Analysis 4.4 Cost Analysis Breakdown 4.5 Technology Overview 4.6 Regulatory Framework on Country Level 4.6.1 Reimbursement Framework 4.6.2 Standards and Compliances 5. Market Overview 5.1 Market Dynamics 5.1.1 Market Driver Analysis 5.1.2 Market Restraint Analysis 5.1.3 Industry Challenges 6. Market Analysis tools 6.1 Industry Analysis - Porter’s 6.1.1 Supplier Power 6.1.2 Buyer Power 6.1.3 Substitution Threat 6.1.4 Threat from new entrants 6.1.5 Competitive Rivalry 6.2 Pestel Analysis 6.2.1 Political Landscape 6.2.2 Environmental Landscape 6.2.3 Social landscape 6.2.4 Technology landscape 6.2.5 Legal Landscape 7. Endoscopy Equipment and Software Market, By Product Historical Analysis 2015 to 2019 and Forecast 2020-2027 (USD million) 7.1 Endoscope 7.2 Visualization Systems 7.3 Software 7.4 Electronic 7.5 Mechanical 7.6 Accessories 8. Endoscopy Equipment and Software Market, By Application Historical Analysis 2015 to 2019 and Forecast 2020-2027 (USD million) 8.1 Diagnostic 8.2 Surgery 9. Endoscopy Equipment and Software Market, By End User Historical Analysis 2015 to 2019 and Forecast 2020-2027 (USD million) 9.1 Hospitals 9.2 Ambulatory Care Centre 9.3 Diagnostic Centre 10. North America Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 10.1. Introduction 10.2. Historical Market Size (USD Mn) Analysis By Country, 2015-2019 10.2.1. U.S. 10.2.2. Canada 10.2.3. Mexico 10.2.3 Rest of North America 10.3 Market Size (USD Mn) Forecast for North America 2020-2027 11. Latin America Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 11.1. Introduction 11.2. Regional Market Trends 11.3. Historical Market Size (US$ Mn) Analysis By Country, 2015-2019 11.3.1. Brazil 11.3.2. Uruguay 11.3.3 Argentina 11.3.4. Rest of Latin America 11.4 Market Size (US$ Mn) Forecast for Latin America 2020-2027 12. Europe Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 12.1. Introduction 12.2. Historical Market Size (US$ Mn) Analysis By Country, 2015-2019 12.2.1. Germany 12.2.2. U.K 12.2.3. France 12.2.4. Italy 12.2.5 Switzerland 12.2.6. Spain 12.2.7. Russia 12.2.8. Poland 12.2.9. Rest of Western Europe 12.3 Market Size (US$ Mn) Forecast for Europe 2020-2027 13. Asia Pacific Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 13.1 Introduction 13.2 Historical Market Size (USD Mn) Analysis By Country, 2015-2019 13.2.1 Japan 13.2.2 China 13.2.3 Singapore 13.2.4 Korea 13.2.5 India 13.2.6 Australia and New Zealand 13.2.7 ASEAN 13.2.8 Rest of Asia Pacific 13.3 Market Size (US$ Mn) Forecast for Asia Pacific 2020-2027 14. Middle East and Africa Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 14.1 Introduction 14.2 Historical Market Size (USD Mn) Analysis By Country, 2015-2019 14.2.1 UAE 14.2.2 South Africa 14.2.3 Egypt 14.2.4 Saudi Arabia 14.2.5 Rest of MEA 14.3 Market Size (US$ Mn) Forecast for MEA 2020-2027 15. Company Profiles (Competition Dashboard, Competitors Deep Dive, Product Type and Technology Portfolio, Financial Layouts) 15.1 Olympus 15.1.1. Company Overview (HQ, Business Segments, Employee Strength) 15.1.2. Product Portfolio 15.1.3. SWOT Analysis 15.1.4. Financial Overview 15.1.5. Strategic Overview 15.2 KARL STORZ 15.2.1. Company Overview (HQ, Business Segments, Employee Strength) 15.2.2. Product Portfolio 15.2.3. SWOT Analysis 15.2.4. Financial Overview 15.2.5. Strategic Overview 15.3 Stryker 15.3.1. Company Overview (HQ, Business Segments, Employee Strength) 15.3.2. Product Portfolio 15.3.3. SWOT Analysis 15.3.4. Financial Overview 15.3.5. Strategic Overview 15.4 Boston Scientific 15.4.1. Company Overview (HQ, Business Segments, Employee Strength) 15.4.2. Product Portfolio 15.4.3. SWOT Analysis 15.4.4. Financial Overview 15.4.5. Strategic Overview 15.5 Ethicon 15.5.1. Company Overview (HQ, Business Segments, Employee Strength) 15.5.2. Product Portfolio 15.5.3. SWOT Analysis 15.5.4. Financial Overview 15.5.5. Strategic Overview 15.6 Fujifilm Corporation 15.6.1. Company Overview (HQ, Business Segments, Employee Strength) 15.6.2. Product Portfolio 15.6.3. SWOT Analysis 15.6.4. Financial Overview 15.6.5. Strategic Overview 15.7 Medtronic 15.7.1. Company Overview (HQ, Business Segments, Employee Strength) 15.7.2. Product Portfolio 15.7.3. SWOT Analysis 15.7.4. Financial Overview 15.7.5. Strategic Overview 15.8 Hoya Corporation 15.8.1. Company Overview (HQ, Business Segments, Employee Strength) 15.8.2. Product Portfolio 15.8.3. SWOT Analysis 15.8.4. Financial Overview 15.8.5. Strategic Overview 15.9 Richard Wolf GmbH 15.9.1. Company Overview (HQ, Business Segments, Employee Strength) 15.9.2. Product Portfolio 15.9.3. SWOT Analysis 15.9.4. Financial Overview 15.9.5. Strategic Overview 15.10 Smith & Nephew 15.10.1. Company Overview (HQ, Business Segments, Employee Strength) 15.10.2. Product Portfolio 15.10.3. SWOT Analysis 15.10.4. Financial Overview 15.10.5. Strategic Overview 15.11 New Emerging Players 15.11.1. Company Overview (HQ, Business Segments, Employee Strength) 15.11.2. Product Portfolio 15.11.3. SWOT Analysis 15.11.4. Financial Overview 15.11.5. Strategic Overview 16. Impact of COVID-19 16.1. Positive influence on the healthcare industry 16.2. The financial disruption of the manufacturing sector 16.3. Impact of COVID-19 on emerging companies 16.4. Significant mandates in the healthcare regulations initiated by administrations 16.5. The overall economic slowdown of the developing and developed nations 17. Competitive Intelligence and Competitive Matrix 17.1 Competitive Intelligence 17.2 Competitive Matrix 18. Major Deals and Strategic Alliances Analysis 18.1 Joint ventures 18.2 Mergers and acquisitions 18.3 Licensing and partnerships 18.4 Technology Collaborations 18.5 Strategic Divestments 18.6 Market Entry Strategies 19. Relevant Case Studies and Latest News Updates 20. Research Sources and List of Primary Contacts of this Study 21. Key Market Takeaway Points from the Market Analysts at Future Market Analytics
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