openPR Logo
Press release

Endoscopy Operative Devices Market Poised for Significant Growth with 5.8% Projected CAGR

02-21-2024 03:01 PM CET | Science & Education

Press release from: FactMR

Endoscopy Operative Devices Market Poised for Significant

Global sales of Endoscopy Operative Devices Market (内視鏡手術用機器市場) in 2021 was held at US$ 8.7 Billion. With 5.8%, the projected market growth during 2022 - 2032 is expected to be significantly higher than the historical growth. Gastrointestinal (GI) Endoscopy is expected to be the highest revenue generating segment, accounting for an expected CAGR rate of 6.3% during 2022 - 2032.

The field of medical diagnostics and therapeutics has undergone a paradigm shift with the advent of endoscopy operative devices. These innovative tools have transformed the way healthcare professionals visualize, diagnose, and treat various medical conditions, enabling minimally invasive procedures that offer significant benefits to patients. The endoscopy operative devices market has witnessed remarkable growth in recent years, driven by technological advancements, increasing prevalence of gastrointestinal and respiratory diseases, and a growing preference for less invasive medical procedures.

Get a FREE Sample Copy of Report (Including TOC, List of Tables & Figures, Chart)-https://www.factmr.com/connectus/sample?flag=S&rep_id=7186

Key Companies Profiled

Cook Medical Inc.
Medtronic
Boston Scientific Corporation
Stryker
Ethicon Endo-Surgery, Inc.
Karl Storz
CONMED Corporation
Richard Wolf GmbH
Fujifilm Holdings Corporation
Olympus

Technological Advancements:

Endoscopy operative devices have evolved significantly from their humble beginnings, with continuous technological advancements enhancing their capabilities. High-definition imaging, improved maneuverability, and enhanced ergonomics have become standard features in modern endoscopes. The integration of advanced optics, such as narrow-band imaging and 3D visualization, allows for better tissue differentiation and increased diagnostic accuracy.

Furthermore, the incorporation of robotics and artificial intelligence (AI) has revolutionized endoscopic procedures. Robotic-assisted endoscopy systems provide greater precision and dexterity to surgeons, enabling complex interventions with increased efficiency and reduced invasiveness. AI algorithms assist in real-time image analysis, aiding in the detection and diagnosis of abnormalities.

Market Dynamics:

The endoscopy operative devices market (Marché des dispositifs opératoires d'endoscopie) is fueled by a rising prevalence of gastrointestinal disorders, respiratory conditions, and various cancers. The aging population contributes significantly to the market growth, as elderly individuals are more susceptible to certain diseases that necessitate endoscopic examinations. Additionally, the demand for minimally invasive procedures has surged due to reduced patient discomfort, quicker recovery times, and shorter hospital stays.

The global COVID-19 pandemic has also accelerated the adoption of endoscopy operative devices. With a heightened focus on infection control and the need to minimize patient contact, healthcare providers have increasingly embraced endoscopic procedures as a safer alternative to traditional surgical interventions.

Gastrointestinal Endoscopy:

Gastrointestinal endoscopy remains a dominant segment in the endoscopy operative devices market. Colonoscopy, esophagogastroduodenoscopy (EGD), and sigmoidoscopy are commonly performed procedures for the diagnosis and treatment of various gastrointestinal conditions, including colorectal cancer, gastroesophageal reflux disease (GERD), and inflammatory bowel disease (IBD). Innovations such as capsule endoscopy, which allows for non-invasive imaging of the digestive tract, have further expanded the diagnostic capabilities in this field.

Respiratory Endoscopy:

Respiratory endoscopy has also gained prominence, particularly in the diagnosis and management of lung diseases. Bronchoscopy, a common procedure in respiratory endoscopy, enables the examination of the airways for conditions such as lung cancer, chronic obstructive pulmonary disease (COPD), and pulmonary infections. Advances in imaging technology and the development of flexible bronchoscopes have improved the accuracy and safety of respiratory endoscopic procedures.

Challenges and Opportunities:

While the endoscopy operative devices market (سوق أجهزة التنظير الداخلي) continues to thrive, it faces challenges such as the high cost of advanced technologies and the learning curve associated with new procedures. Additionally, the market is characterized by intense competition among key players, driving the need for continuous innovation and strategic collaborations.

However, these challenges also present opportunities for market players to invest in research and development, explore emerging markets, and collaborate with healthcare providers to enhance training programs. The growing demand for personalized medicine and the increasing focus on preventive healthcare further open avenues for the expansion of the endoscopy operative devices market.

Read Full Report-https://www.factmr.com/report/endoscopy-operative-devices-market

In conclusion, the endoscopy operative devices market is at the forefront of medical innovation, playing a pivotal role in the diagnosis and treatment of various medical conditions. Technological advancements, coupled with the rising prevalence of gastrointestinal and respiratory diseases, are propelling the market forward. As the industry continues to evolve, it is poised to address challenges, seize opportunities, and contribute significantly to the ongoing transformation of healthcare delivery worldwide.

Explore More Related Studies Published by Fact.MR Research:

Parenteral Nutrition Market-(非経口栄養市場) https://www.factmr.com/report/parenteral-nutrition-market

Normal Balloon Catheter Market-(通常のバルーンカテーテル市場) https://www.factmr.com/report/147/normal-balloon-catheter-market

Dermatology CRO Market-(皮膚科CRO市場) https://www.factmr.com/report/dermatology-cro-market

Hospital Asset Management Market-(病院資産管理市場) https://www.factmr.com/report/4783/hospital-asset-management-market

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

About Fact.MR
Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, industrial goods to even the most niche categories. 80% of Fortune 1000s trust us in critical decision making.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Endoscopy Operative Devices Market Poised for Significant Growth with 5.8% Projected CAGR here

News-ID: 3393917 • Views:

More Releases from FactMR

Global Propane Market Poised to Reach US$ 156 Billion by 2033
Global Propane Market Poised to Reach US$ 156 Billion by 2033
The global propane market is valued at US$ 92.3 billion in 2023 and is forecasted to reach US$ 156 billion by 2033, expanding at a CAGR of 5.3% over the decade. Propane, a versatile hydrocarbon gas, has emerged as a key player in the global energy market. Its widespread applications, environmental advantages, and cost-effectiveness have contributed to its growing significance. In this article, we will delve into the propane market, exploring
Switchgear Monitoring System Market Set to Exceed US$ 2.1 Billion by 2034
Switchgear Monitoring System Market Set to Exceed US$ 2.1 Billion by 2034
Revenue from switchgear monitoring system is expected to surge to US$ 1,412.2 million in 2024. With a CAGR of 4.4% from 2024 to 2034, the switchgear monitoring system market is expected to attain US$ 2,172.2 million by 2033. The switchgear monitoring system market is witnessing significant growth, driven by the increasing demand for reliable power supply, rising investments in renewable energy projects, and the need for efficient grid infrastructure. Switchgear plays
Vacuum Deaerators Market Surges to US$ 268.77 Million by 2033
Vacuum Deaerators Market Surges to US$ 268.77 Million by 2033
The vacuum deaerators market is projected to reach US$ 190.53 million in 2023. The vacuum deaerators industry is anticipated to increase at a CAGR of 3.5% from 2023 to 2033, reaching US$ 268.77 million. The global vacuum deaerators market has witnessed significant growth and transformation in recent years, driven by the increasing demand for efficient and reliable deaeration solutions across various industries. Vacuum deaerators play a crucial role in removing dissolved
Fire Safety Equipment Market to Reach US$ 91.11 Billion by 2032
Fire Safety Equipment Market to Reach US$ 91.11 Billion by 2032
The global fire safety equipment market (消防設備市場) is estimated at US$ 49 Billion in 2022, which is expected to procure a market value of US$ 91.11 Billion by 2032.Projected growth rate is 6.4% during the forecast period from 2022 to 2032 Fire safety equipment is a critical component of modern society, playing a pivotal role in safeguarding lives and property against the destructive force of fires. The fire safety equipment market

All 5 Releases


More Releases for Endoscopy

Robotic Endoscopy Devices Market Growth Prospects Via – Key players Auris Heal …
The global robotic endoscopy devices market is segmented on the basis of product type application and end user. Based on product type, the market is segmented as diagnostic and therapeutic. Based on application, the market is segmented as laparoscopy, bronchoscopy, and colonoscopy. Based on end user, the market is segmented as hospitals, ambulatory surgical centers, others. Endoscopes are widely used for gastrointestinal (GI) diagnostics and minimally invasive surgery. Rapid technological advancements
Endoscopy Devices Market - Analysis By Type (Rigid, Flexible, Capsule), Applicat …
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Endoscopy Devices Market. The report analyzes the Global Endoscopy Devices Market By Type (Rigid, Flexible, Capsule), By Application (Arthroscopy, Bronchoscopy, Colonoscopy, Laparoscopy, GI Endoscopy, Others) and By End User (Hospital, Clinic). The Global Endoscopy Devices Market has been analzyed By Region (North America,
Surgical Snare Market Dominated by GI Endoscopy, Laparoscopy, Urology Endoscopy, …
Download Free PDF Brochure Now on Surgical Snare Market Report Now at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1768744 . Surgical snare market comprises several stakeholders such as raw material suppliers, manufacturers of surgical snare, and regulatory organizations in supply chain. Demand side of this market is characterized by consumers of surgical snares. Various primary sources from both supply and demand sides of market were interviewed to obtain qualitative & quantitative information. Surgical snares market size is expected to
Endoscopy Equipment Market to 2021 - Dominated by Growth in Endoscopy, Laparosco …
The endoscopy equipment market report provides a picture on endoscopes, visualization systems, other endoscopy equipment, and accessories across different applications and regions. North America is expected to account for largest share of the global endoscopy equipment market, followed by Europe, Asia-Pacific, & Rest of the World (RoW). Free Sample Papers of Endoscopy Equipment Market spread across 432 Pages, Profiling 13 Companies and Supported with 538 Tables and 52 Fig is now
World “Endoscopy Device Market” 2018 Leading Key Players Cogentix Medical, I …
Endoscopy Device Market Information: By Type, (Flexible Endoscopes), Therapy (Gastroscopy), Treatment & Procedure (Abdominal, Gynecologic and Pelvic Organ Conditions), Application, (Gastrointestinal Endoscopy), Accessory & Processor, Technology, and End User - Global Forecast Till 2023. Endoscopy Devices Market is expected to grow at a CAGR of ~ 6.3% from 2017 to 2023 KEY PLAYERS FOR ENDOSCOPY DEVICES MARKET
Endoscopy Device Market 2018 Leading Manufacturer | Cogentix Medical, Integrate …
The Global Endoscopy Device Market is expected to grow at a CAGR of 6.3% during the forecast period 2017-2023. An endoscopy is a procedure that allows physicians or surgeons to look interior parts of the organ. The technique is used for both diagnostic and therapeutic purpose. To perform endoscopy a specialized instrument is used named as endoscope. Various types of endoscopes and adoption of endoscope depends upon the affected body organ,