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Duodenoscopes - Global Market Trajectory & Analytics

  • ID: 4845726
  • Report
  • April 2021
  • Region: Global
  • 365 Pages
  • Global Industry Analysts, Inc
Global Duodenoscopes Market to Reach $194.4 Million by 2027

Amid the COVID-19 crisis, the global market for Duodenoscopes estimated at US$150.9 Million in the year 2020, is projected to reach a revised size of US$194.4 Million by 2027, growing at a CAGR of 3.7% over the period 2020-2027. Flexible, one of the segments analyzed in the report, is projected to record 3.6% CAGR and reach US$141.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Rigid segment is readjusted to a revised 3.9% CAGR for the next 7-year period.



The U.S. Market is Estimated at $40.8 Million, While China is Forecast to Grow at 5.9% CAGR

The Duodenoscopes market in the U.S. is estimated at US$40.8 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$38.7 Million by the year 2027 trailing a CAGR of 5.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.2% and 2.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR.

Select Competitors (Total 38 Featured):
  • Fujifilm Corporation
  • KARL STORZ Endoscopy-America, Inc.
  • Olympus America, Inc.
Frequently Asked Questions about the Global Market for Duodenoscopes

What is the estimated value of the Global Market for Duodenoscopes?

The Global Market for Duodenoscopes was estimated to be valued at $150.9 Million in 2020.

What is the growth rate of the Global Market for Duodenoscopes?

The growth rate of the Global Market for Duodenoscopes is 3.7%, with an estimated value of $194.4 Million by 2027.

What is the forecasted size of the Global Market for Duodenoscopes?

The Global Market for Duodenoscopes is estimated to be worth $194.4 Million by 2027.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • World Market Trajectories
  • Rising Incidence of Various GI Disorders to Drive the Demand for Duodenoscopes
  • Increasing Healthcare Expenditure Offers Opportunities for Duodenoscopes
  • Increasing Number of ERCP Procedures to Spur Opportunities for Duodenoscopes
  • Reducing Infections Related to Duodenoscopes: A Key Focus Area
  • Terminal Sterilization of Duadenoscope - Providing Improved Safety
  • Impact of Covid-19 and a Looming Global Recession
  • Technological Advancements Pave the Way for Steady Growth

III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 38
Note: Product cover images may vary from those shown