Endoscopy Procedures Estimates Market
Endoscopy Procedures Estimates Market Analysis by Application (Colonoscopy, Gastrointestinal (GI), Endoscopy, Laparoscopy, Bronchoscopy, Gastroscopy, Duodenoscopy, Cystoscopy), by Region - Global Forecast 2022 to 2032
Analysis of Endoscopy Procedures Estimates market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Global Endoscopy Procedures Estimates Industry Outlook (2022 to 2032)
The global endoscopy procedures estimates market was valued at US$ 223 Mn in 2021, and is expected to gain a significant position in the market with a steady CAGR rate of 1.5% during the forecast period, 2022 to 2032. The industry is projected to reach a market size of worth US$ 263 Mn by 2032.
| Report Attributes | Details |
|---|---|
| Market Value for 2021 | US$ 223 Mn |
| Expected Market Size in 2022 | US$ 227 Mn |
| Projected Market Valued in 2032 | US$ 263 Mn |
| Growth Rate (2022 to 2032) | 1.5% CAGR |
| Market Share of APAC during 2022 | 44% |
| Revenue Share of Gastroscopy | 32% |
| Key Companies Profiled | China Resources Phoenix Healthcare Holdings Company Limited; Tenet Healthcare Corporation; Surgical Care Affiliates; AMSURG Corporation; Ramsay Health Care; Apollo Hospitals Enterprise Ltd; IHH Healthcare Berhad |
By the end of 2022, this market is poised at achieving a global market valuation of US$ 263 Mn. As chronic diseases are more prevalent, minimally invasive endoscopic surgeries are increasingly used to diagnose, treat, and prevent the internal organ complications associated with these conditions.
National Center for Chronic Disease Prevention and Health Promotion (NCCDPHP) statistics report that nearly six in ten American adults suffer from a chronic disease. Further, the rapid adoption of minimally invasive procedures by healthcare providers is expected to lead to a rise in endoscopic procedures.
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Demand Analysis of Endoscopy Procedures Estimates 2015 to 2021 vs. Market Outlook 2022 to 2032
From 2015 to 2021, demand for endoscopy procedures estimates expanded at around 2.5% CAGR. It is expected that the number of endoscopic procedures will rise as the preference for minimally invasive surgery increases. Globally, the increasing number of surgeries is also expected to boost the market growth in the forecast years.
In the United States and Europe, over 40 to 50 million major medical procedures are performed each year, according to a study published in the International Journal of Surgery. Furthermore, with the growing incidence of stomach, esophageal, and colon cancers, endoscopic surgeries are expected to increase over the forecast period.
Global endoscopy procedure estimates decreased by 46% between 2019 and 2021. The COVID-19 pandemic has reduced the adoption of endoscopic procedures in 2021 when compared to 2019. The drop in surgeries is attributed to the government's recommendation to cancel all elective surgeries. Moreover, there was a shortage of healthcare professionals in major geographic regions, resulting in decreased endoscopy procedures at the end of 2020.
Over the next 10 years, the procedure is expected to grow by approximately 2% to 3% per year. Throughout the forecast period, two major factors are expected to accelerate the adoption of endoscopic surgeries: the growing number of cancers and gastrointestinal disorders, and the growing preference for minimally invasive procedures.
The technological advancements and growing burden of chronic non-communicable diseases across the globe are expected to increase the number of endoscopic procedures performed after COVID. According to the WHO, about 71% of all deaths occur each year as a result of non-communicable diseases.
What are the Specific Drivers of the Endoscopy Procedures Estimates Market?
Demand for Minimally Invasive Surgery will bolster the growth
The growing preference for minimally invasive surgery over conventional methods will also lead to more endoscopic surgeries. Over the forecast years, global market growth is expected to be boosted by the increasing number of surgeries performed. In addition to being less invasive, minimally invasive surgery is safer. It is performed using procedures with smaller incisions, that results in less trauma to the body and less blood loss.
Secondly, the scarring after such a procedure is reduced. Globally, there are over 310 million major medical procedures performed each year, of which over 40 to 50 million are performed in the U.S. and over 20 million in Europe, according to data published in the International Journal of Surgery.
Increasing Incidences of chronic diseases to accelerate the Market Growth
Over the forecast period, the increasing incidence of stomach, esophageal, and colon cancers is forecast to drive the demand for endoscopic surgery. According to the Globocan 2021 report, there were respectively 1.9, 1.1, and 0.6 million new cases of cancer in the colorectum, stomach, and esophagus.
In order to diagnose collateral and gastric cancer, over six to eight endoscopic biopsies are recommended, which is driving the adoption of endoscopic procedures further.
Technological Innovations to propel Market Growth
Market growth will be fueled by developments in endoscopic devices that yield high-quality images of the digestive tract, as well as the development of new, cost-effective devices. In 2019, Fujifilm launched 10 new endoscopes to strengthen its offer in interventional gastro-intestinal and interventional pulmonary endoscopy with advanced features such as Ultra-Slim, compactability, and removable single-use end caps for manual cleaning.
Due to the increasing prevalence of diseases requiring endoscopic diagnosis, the endoscopes segment value in 2020 was over USD 12,400 million. Due to technological advancements in the endoscopes used for early detection of diseases such as cancer, infections, and malignancies, endoscopes are seeing massive demand. Also, endoscopes are in high demand since they are minimally invasive devices, have improved ergonomics, safety, and efficacy.
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Country-wise-Analysis
How will the market emerge in the APAC region during the forecast period?
In 2022, Asia Pacific is expected to hold 44% revenue in the market for endoscopy procedures estimates as of 2022. Endoscopic procedures in this region are highly adopted due to the high prevalence of digestive tract disorders and a larger population.
A growing number of modern healthcare facilities, as well as increased awareness about minimally invasive surgery, will also contribute to the increased adoption of endoscopic procedures within this region.
What will be the Growth Outlook in North America?
By 2032, the North American market is expected to account for the second-highest share of endoscopic procedures, growing at a CAGR of 4%. The high prevalence of endoscopic surgeries and the widespread use of minimally invasive endoscopic surgery will contribute to the region's growth.
A rise in functional gastrointestinal disorders as well as irritable bowel syndrome will also contribute to the growth of the region. For example, according to the International Foundation for Gastrointestinal Disorders Statistics, Irritable Bowel Syndrome (IBS) is the most common gastrointestinal disorder in the United States, with between 2.4 and 3.5 million physician visits a year for the diagnosis and treatment of the disorder.
Category-wise Insights
What can be expected from the Gastroscopy Segment during the forecast period?
In terms of procedures, the gastroscopy segment is expected to dominate the market in 2022 with a 32% share. This segment has the greatest share due to the increasing number of endoscopic surgeries performed for diagnosis of digestive tract diseases or illnesses of the esophagus.
The segment is also anticipated to grow as the demand for upper endoscopy surgery for patients with cirrhosis of the liver increases. Growth of this segment is further attributed to the fact that gastroscopy is recommended by physicians in order to diagnose several common symptoms, such as indigestion, abdominal pain, dysphagia, excessive vomiting, unusual burping, and so on. Additionally, the growing prevalence of digestion and swallowing disorders drives the growth of this segment. Approximately 15 million Americans suffer from swallowing difficulties, according to the National Foundation of Swallowing Disorders.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Landscape
Due to the presence of several major players, the market is highly competitive and fragmented. Companies are undertaking various strategic initiatives to recover losses resulting from the pandemic and to strengthen their market positions. Additionally, these companies make investments that allow them to hold a large share of the market.
Endoscopy Procedures Market Report Scope
| Attributes | Details |
|---|---|
| Forecast Period | 2022 to 2032 |
| Historical Data Available For | 2015 to 2021 |
| Market Analysis | US$ Mn for Value & ‘000 Units for Volume |
| Key Regions Covered | North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
| Key countries covered | U.S., Canada, U.K., Germany, France, Italy, BENELUX, Nordics, Japan, China, South Korea, Brazil, Mexico, GCC, Turkey, South Africa |
| Key Segments Covered | Application, Region |
Key Segments Covered in the Endoscopy Procedures Estimates Industry Survey
-
By Application :
- Colonoscopy
- Gastrointestinal (GI) Endoscopy
- Laparoscopy
- Bronchoscopy
- Gastroscopy
- Duodenoscopy
- Cystoscopy
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background and Foundation Data Points
- 5. Key Success Factors
- 6. Global Market Demand Analysis 2015 to 2021 and Forecast, 2022 to 2032
- 7. Global Market Value Analysis 2015 to 2021 and Forecast, 2022 to 2032
- 8. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Application
- 8.1. Gastrointestinal (GI) Endoscopy
- 8.2. Colonoscopy
- 8.3. Laparoscopy
- 8.4. Gastroscopy
- 8.5. Duodenoscopy
- 8.6. Bronchoscopy
- 8.7. Cystoscopy
- 8.8. Others
- 9. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. Asia Pacific
- 9.5. Middle East and Africa (MEA)
- 10. North America Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 11. Latin America Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 12. Europe Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 13. Asia Pacific Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 14. Middle East and Africa Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 15. Key Countries Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 16. Assumptions and Acronyms Used
- 17. Research Methodology
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List Of Table
Table 1: Global Market Volume (No of Procedures ), By Application, 2015 to 2021
Table 2: Global Market Volume (No of Procedures ), By Application, 2022 to 2032
Table 3: Global Market, By Region, 2015 to 2021
Table 4: Global Market, By Region, 2022 to 2032
Table 5: North America Market Volume (No of Procedures ), By Application, 2015 to 2021
Table 6: North America Market Volume (No of Procedures ), By Application, 2022 to 2032
Table 7: North America Market, By Country, 2015 to 2021
Table 8: North America Market, By Country, 2022 to 2032
Table 9: Latin America Market Volume (No of Procedures ), By Application, 2015 to 2021
Table 10: Latin America Market Volume (No of Procedures ), By Application, 2022 to 2032
Table 11: Latin America Market, By Country, 2015 to 2021
Table 12: Latin America Market, By Country, 2022 to 2032
Table 13: Europe Market Volume (No of Procedures ), By Application, 2015 to 2021
Table 14: Europe Market Volume (No of Procedures ), By Application, 2022 to 2032
Table 15: Europe Market, By Country, 2015 to 2021
Table 16: Europe Market, By Country, 2022 to 2032
Table 17: Asia Pacific Market Volume (No of Procedures ), By Application, 2015 to 2021
Table 18: Asia Pacific Market Volume (No of Procedures ), By Application, 2022 to 2032
Table 19: Asia Pacific Market, By Country, 2015 to 2021
Table 20: Asia Pacific Market, By Country, 2022 to 2032
Table 21: MEA Market Volume (No of Procedures ), By Application, 2015 to 2021
Table 22: MEA Market Volume (No of Procedures ), By Application, 2022 to 2032
Table 23: MEA Market, By Country, 2015 to 2021
Table 24: MEA Market, By Country, 2022 to 2032
Table 25: Global Market Incremental $ Opportunity, By Application, 2015 to 2021
Table 26: Global Market Incremental $ Opportunity, By Region, 2022 to 2032
Table 27: North America Market Incremental $ Opportunity, By Application, 2015 to 2021
Table 28: North America Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 29: Latin America Market Incremental $ Opportunity, By Application, 2015 to 2021
Table 30: Latin America Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 31: Europe Market Incremental $ Opportunity, By Application, 2015 to 2021
Table 32: Europe Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 33: Asia Pacific Market Incremental $ Opportunity, By Application, 2015 to 2021
Table 34: Asia Pacific Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 35: MEA Market Incremental $ Opportunity, By Application, 2015 to 2021
Table 36: MEA Market Incremental $ Opportunity, By Country, 2022 to 2032
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List Of Figures
Figure 1: Global Market Volume (No of Procedures ) and Year-on-Year Growth, 2015 to 2032
Figure 2: Global Market Absolute $ Historical Gain (2015 to 2021) and Opportunity (2022 to 2032), US$ Mn
Figure 3: Global Market Share, By Application, 2022 & 2032
Figure 4: Global Market Y-o-Y Growth Projections, By Application – 2022 to 2032
Figure 5: Global Market Attractiveness Index, By Application – 2022 to 2032
Figure 6: Global Market Share, By Region, 2022 & 2032
Figure 7: Global Market Y-o-Y Growth Projections, By Region – 2022 to 2032
Figure 8: Global Market Attractiveness Index, By Region – 2022 to 2032
Figure 9: North America Market Volume (No of Procedures ) and Year-on-Year Growth, 2015 to 2032
Figure 10: North America Market Absolute $ Opportunity Historical (2015 to 2021) andForecast Period (2022 to 2032), US$ Mn
Figure 11: North America Market Share, By Application, 2022 & 2032
Figure 12: North America Market Y-o-Y Growth Projections, By Application – 2022 to 2032
Figure 13: North America Market Attractiveness Index, By Application – 2022 to 2032
Figure 14: North America Market Share, By Country, 2022 & 2032
Figure 15: North America Market Y-o-Y Growth Projections, By Country – 2022 to 2032
Figure 16: North America Market Attractiveness Index, By Country – 2022 to 2032
Figure 17: Latin America Market Volume (No of Procedures ) and Year-on-Year Growth, 2015 to 2032
Figure 18: Latin America Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Mn
Figure 19: Latin America Market Share, By Application, 2022 & 2032
Figure 20: Latin America Market Y-o-Y Growth Projections, By Application – 2022 to 2032
Figure 21: Latin America Market Attractiveness Index, By Application – 2022 to 2032
Figure 22: Latin America Market Share, By Country, 2022 & 2032
Figure 23: Latin America Market Y-o-Y Growth Projections, By Country – 2022 to 2032
Figure 24: Latin America Market Attractiveness Index, By Country – 2022 to 2032
Figure 25: Europe Market Volume (No of Procedures ) and Year-on-Year Growth, 2015 to 2032
Figure 26: Europe Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Mn
Figure 27: Europe Market Share, By Application, 2022 & 2032
Figure 28: Europe Market Y-o-Y Growth Projections, By Application – 2022 to 2032
Figure 29: Europe Market Attractiveness Index, By Application – 2022 to 2032
Figure 30: Europe Market Share, By Country, 2022 & 2032
Figure 31: Europe Market Y-o-Y Growth Projections, By Country – 2022 to 2032
Figure 32: Europe Market Attractiveness Index, By Country – 2022 to 2032
Figure 33: MEA Market Volume (No of Procedures ) and Year-on-Year Growth, 2015 to 2032
Figure 34: MEA Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Mn
Figure 35: MEA Market Share, By Application, 2022 & 2032
Figure 36: MEA Market Y-o-Y Growth Projections, By Application – 2022 to 2032
Figure 37: MEA Market Attractiveness Index, By Application – 2022 to 2032
Figure 38: MEA Market Share, By Country, 2022 & 2032
Figure 39: MEA Market Y-o-Y Growth Projections, By Country – 2022 to 2032
Figure 40: MEA Market Attractiveness Index, By Country – 2022 to 2032
Figure 41: Asia Pacific Market Volume (No of Procedures ) and Year-on-Year Growth, 2015 to 2032
Figure 42: Asia Pacific Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Mn
Figure 43: Asia Pacific Market Share, By Application, 2022 & 2032
Figure 44: Asia Pacific Market Y-o-Y Growth Projections, By Application – 2022 to 2032
Figure 45: Asia Pacific Market Attractiveness Index, By Application – 2022 to 2032
Figure 46: Asia Pacific Market Share, By Country, 2022 & 2032
Figure 47: Asia Pacific Market Y-o-Y Growth Projections, By Country – 2022 to 2032
Figure 48: Asia Pacific Market Attractiveness Index, By Country – 2022 to 2032
Figure 49: US Market Volume (No of Procedures ) and Forecast, 2022 to 2032
Figure 50: US Market Share, By Application, 2021
Figure 51: Canada Market Volume (No of Procedures ) and Forecast, 2022 to 2032
Figure 52: Canada Market Share, By Application, 2021
Figure 53: Brazil Market Volume (No of Procedures ) and Forecast, 2022 to 2032
Figure 54: Brazil Market Share, By Application, 2021
Figure 55: Mexico Market Volume (No of Procedures ) and Forecast, 2022 to 2032
Figure 56: Mexico Market Share, By Application, 2021
Figure 57: Germany Market Volume (No of Procedures ) and Forecast, 2022 to 2032
Figure 58: Germany Market Share, By Application, 2021
Figure 59: U.K. Market Volume (No of Procedures ) and Forecast, 2022 to 2032
Figure 60: U.K. Market Share, By Application, 2021
Figure 61: France Market Volume (No of Procedures ) and Forecast, 2022 to 2032
Figure 62: France Market Share, By Application, 2021
Figure 63: Italy Market Volume (No of Procedures ) and Forecast, 2022 to 2032
Figure 64: Italy Market Share, By Application, 2021
Figure 65: BENELUX Market Volume (No of Procedures ) and Forecast, 2022 to 2032
Figure 66: BENELUX Market Share, By Application, 2021
Figure 67: Nordic Countries Market Volume (No of Procedures ) and Forecast, 2022 to 2032
Figure 68: Nordic Countries Market Share, By Application, 2021
Figure 69: China Market Volume (No of Procedures ) and Forecast, 2022 to 2032
Figure 70: China Market Share, By Application, 2021
Figure 71: Japan Market Volume (No of Procedures ) and Forecast, 2022 to 2032
Figure 72: Japan Market Share, By Application, 2021
Figure 73: South Korea Market Volume (No of Procedures ) and Forecast, 2022 to 2032
Figure 74: South Korea Market Share, By Application, 2021
Figure 75: GCC Countries Market Volume (No of Procedures ) and Forecast, 2022 to 2032
Figure 76: GCC Countries Market Share, By Application, 2021
Figure 77: South Africa Market Volume (No of Procedures ) and Forecast, 2022 to 2032
Figure 78: South Africa Market Share, By Application, 2021
Figure 79: Turkey Market Volume (No of Procedures ) and Forecast, 2022 to 2032
Figure 80: Turkey Market Share, By Application, 2021
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What was the documented market value for endoscopy procedures estimates in 2021?
As of 2021, market value for endoscopy procedures estimates reached US$ 223 Mn
At what value will endoscopy procedures estimates market close in 2022?
By 2022-end, endoscopy procedures estimates market value is expected to reach US$ 227 Mn
What was the value CAGR for the market on endoscopy procedures estimates from 2015 to 2021?
According to Fact.MR, endoscopy procedures estimates market value arose at a 2% CAGR
What is the expected market growth rate for endoscopy procedures estimates from 2022-2032?
As per Fact.MR, endoscopy procedures estimates market value is forecast to flourish at a CAGR of 1.5%
What is the anticipated closing market value for endoscopy procedures estimates in 2032?
By 2032, endoscopy procedures estimates market value is expected to reach a value of US$ 263 Mn
What is the growth outlook for endoscopy procedures estimates in the Asia Pacific?
According to Fact.MR, endoscopy procedures estimates in the Asia Pacific is expected to hold 44% revenue share
At what rate will endoscopy procedures estimates demand grow in North America?
Across North America, endoscopy procedures estimates demand is expected to grow at a CAGR of 4%
Which application category is expected to make bulk usage of endoscopy procedures estimates?
Endoscopy procedures estimates for gastroscopy is expected to account for 32% revenue in 2022
Which are some prominent endoscopy procedures estimates providers?
Tenet Healthcare Corporation, Surgical Care Affiliates, AMSURG Corporation, Ramsay Health Care and Apollo Hospitals Enterprise Ltd are some prominent endoscopy procedures estimates providers
Endoscopy Procedures Estimates Market