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Gastrointestinal (GI) Endoscopy Devices Worldwide 2009
Marketstrat, Inc., Nov 2009, Pages: 526
This research report analyzes the world market for Gi endoscopy devices and accessories. The report discusses key players and identifies trends impacting the market for these products. Topics covered include product definitions, revenue and implantation projections, strategies, competitive analysis, key market and product segment parameters, market shares, competitive position maps, market conditions, brands and models, and company profiles. The report provides detailed market estimates and forecasts for GI Devices by product segment, separately for USA, Europe, Japan, and Rest of the World (ROW).
Market Forecasts (US $, 2008 – 2016)
By Product Category
- GI Endoscopes/ Videoendoscopes - Endoscopes used to visualize the GI tract. Includes Colonoscopes, Duodenoscopes, Enteroscopes, Gastroscopes, -Sigmoidoscopes, Ultrasound Videoscopes
- Biopsy forceps: Disposable and reusable and hot biopsy forceps
- Reprocessed biopsy forceps: Reprocessed Biopsy Forceps and accessories
- ERCP devices: Biliary Balloon Dilators, Stone Lithotripters, Stone Removal Devices (balloons/ baskets), ERCP cannulae, Guidewires, Sphincterotomes
- Stents: Biliary Metal Stents, Esophageal Metal Stents, Biliary Plastic Stents, Esophageal Plastic Stents
- Enteral Feeding: Pumps and disposables
- Esophageal balloon dilators:Single-stage and Multi-stage balloons
- Hemostasis devices: Argon plasma coagulation (APC) probes, ligation bands and clips, RF probes and sclerotherapy needles
- Polypectomy snares: Disposable and Reusable
- Retrieval devices: Alligator jaw graspers, traps, grasping forceps, snares, three-wire loop retrievers, overtubes, helical wire baskets, and nets
- Capsule Endoscopes: Endoscopic capsules, recorders and workstations
- Virtual Colonoscopy – CT systems
This research report can help in:
- Assessing the market for GI Devices worldwide and growth regions.
- Understanding market drivers and restraints, and market segmentation.
- Strategic planning and competitive strategy.
- Identifying opportunities for partnerships and alliances.
Regions Covered
- United States, Europe, Japan, Rest of the World (ROW)
Report Stats
- Companies Profiled: 100+ worldwide
- Market Data Tables: 123
- Charts: 120
Key Takeaways
- The world market for GI endoscopy devices is expected to cross $2.9 billion by the end of 2009. A CAGR of over 6 percent is projected for the years 2008-2016.
- The largest market segment is GI Endoscopes/Videoscopes, while the fastest growing segments are Capsule Endoscopy and Reprocessed Biopsy Forceps.
- The growth of Virtual Colonoscopy (CT Colonoscopy) in competition with conventional colonoscopy will be held back due to lack of reimbursement in the US.
- HD endoscopes with narrow band imaging are the latest trend, with the technology being adopted fast by competitors in the GI endoscopy arena.
- Global trend towards reuse of disposable devices will continue against warnings from OEMs, particularly outside the US.
- Market Leaders: Olympus Medical, Boston Scientific, Cook Endoscopy, Fujinon, and Pentax. Given Imaging has become an established key player with its innovative Capsule Endoscopy offerings.
Market Drivers:
- High prevalence of colon cancer in many countries (second largest cause of cancer-related mortality) has led to routine screening, believed to reduce cancer-related deaths by about 60%.
- High worldwide rates of gastrointestinal disorders from GERD and biliary stones to GI tract cancers in people of all ages.
- Rising healthcare costs are also encouraging governments to promote screening programs and preventive surgery.
- Increased demand for minimally-invasive surgical treatment options.
- Demand among GI Endoscopists for latest technology that can provide greater diagnostic sensitivity and specificity as well as providing improved surgical guidance.
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