+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

United States Endoscopy Devices Market Size, Forecast 2022-2027, Industry Trends, Impact of COVID-19, Opportunity Company Analysis

  • ID: 5504324
  • Report
  • November 2021
  • Region: United States
  • 125 Pages
  • Renub Research

FEATURED COMPANIES

  • CONMED
  • Johnson and Johnson
  • Medtronic Plc
  • Stryker
Endoscopy is the infusion of a long, thin tube straight into the body. In the United States, Endoscopy is widely adopted to observe an internal organ or tissue in detail. It is used to carry out other tasks, including imaging and minor surgery too. Instead, the minimally invasive endoscopes can be inserted into the body's openings, such as the mouth or anus. Instead, endoscopes can be inserted into small incisions, for instance, in the knee or abdomen. According to the publisher, the United States Endoscopy Devices Market projected to reach US$ 27.9 Billion by 2027.



United States Endoscopy Device Industry is expected to grow at a CAGR of 7.19% from 2021 to 2027


In recent years the prevalence of Endoscopy has had relatively few risks, delivers detailed images, and is quick to carry out. Hence, Endoscopy is proven to be incredibly useful in many areas of medicine across the United States. In addition, the market is attributed to the favourable reimbursement policies for endoscopic procedures in the U.S. Along with the increased prominence of cancer, high investments by hospitals to purchase new endoscopic equipment is also being made. Indeed, a strong focus on research activities to improve endoscopy techniques and implement a new funding model by USA hospitals.

Endoscopy has been determined to be the Gold Standard for Diagnosis of Gastroenterology


By Application, the United States Endoscopy Devices revolves around Gastroenterology, ENT Surgery, Gynaecology, Neurology and Urology. The increasing burden of G.I. diseases, coupled with the growing geriatric population, is driving the demand for Gastroenterology Endoscopy. G.I. tumours are the second largest cause of cancer-related deaths in the United States. Thus, an increase in endoscopic procedures for the early diagnosis of G.I. cancers projected to offer considerable revenue opportunities in the market.

United States Endoscopy Devices Market Size was US$ 18.8 Billion in 2021


By product, the endoscopy devices market in the United States is segregated into the operative devices, endoscopy visualization components, endoscopy visualization systems and endoscopes. As per our analysis, the endoscopy visualization components register a significant dominance in the United States endoscopy devices market. Further, the primary factors aiding the growth of the endoscopy visualization components market are the technological alterations, such as camera heads with optical zoom that enables magnification calibration without impeding image resolution.

In-depth COVID- 19 Analysis for the United States Endoscopy Devices Industry


In the United States, the endoscopy devices market had been negatively impacted by the COVID-19 pandemic. According to our analysis, the average endoscopy procedures performed in the pre-COVID period declined in the transition year 2020. The primary reason for the decline in endoscopy procedures is decreased patient volume in hospitals due to rescheduling and delaying procedures for safety reasons during the COVID-19 pandemic.

Moreover, the delays occurred after careful review of patient history. If feasible, the American healthcare providers rescheduled endoscopic procedures to minimize the risk of exposure to COVID-19 during hospital visits.

Hospitals are the Primary Health System Supporting the Endoscopy Devices in the United States


Although by end-users, the market comprises both hospitals and ambulatory surgery centres/clinics. However, in the United States, hospitals are observed to have emerged as the largest end-user segment. Hospitals are the primary health system in most countries. Notably, the number of endoscopic surgeries done at hospitals is relatively more than the other health systems, such as speciality clinics or Ambulatory Surgical Centers (ASCs). Hence, the need for endoscopy devices in hospitals is relatively higher than that in other end-use segments. Hospitals are expected to maintain their dominance due to the above mentioned factor.

Evolving Competitive Landscape in the United States Endoscopy Devices Market:


The industry's competitive landscape is examined along with the profiles of the key players: Boston Scientific Corporation, Medtronic Plc, Johnson and Johnson, Stryker and CONMED. Remarkably, the industry has observed significant changes in adopting market strategies, such as product developments, mergers, and acquisitions. For instance, in August 2021, Boston Scientific received FDA Clearance for EXALT™ Model B Single-Use Bronchoscope. More on this, U.S. Food and Drug Administration (FDA) also granted de novo clearance for GI Genius™ intelligent endoscopy module in the United States to Medtronic Plc.

This report “United States Endoscopy Devices Market, Forecast By Product (Operative Devices, Endoscopy Visualization Components, Endoscopy Visualization Systems and Endoscopes (Rigid Endoscopes, Robot Assisted Endoscopes, Disposable Endoscopes, Capsule Endoscopes and Flexible Endoscopes)), Application (Gastroenterology, ENT Surgery, Gynecology, Neurology, Urology and Other Applications), End Users (Hospitals, Ambulatory Surgery Centers/Clinics and Other End Uses), Companies (Boston Scientific Corporation, Medtronic Plc, Johnson and Johnson, Stryker and CONMED)” provides a detailed analysis of United States Endoscopy Devices Industry.

Product – United States Endoscopy Device Market have been covered from 4 viewpoints:


1. Operative Devices
2. Endoscopy Visualization Components
3. Endoscopy Visualization Systems
4. Endoscopes

Sub-Product – United States Endoscopy Device Market have been further covered from 5 viewpoints:


1. Rigid Endoscopes
2. Robot Assisted Endoscopes
3. Disposable Endoscopes
4. Capsule Endoscopes
5. Flexible Endoscopes

Application – United States Endoscopy Device Market have been covered from 6 viewpoints:


1. Gastroenterology
2. ENT Surgery
3. Gynecology
4. Neurology
5. Urology
6. Other Applications

End Users – United States Endoscopy Device Market have been covered from 3 viewpoints:


1. Hospitals
2. Ambulatory Surgery Centers/Clinics
3. Other End Uses

Company Insights:

  • Overview
  • Recent Development & Strategies
  • Financial Insights

Company Covered:


1. Boston Scientific Corporation
2. Medtronic Plc
3. Johnson and Johnson
4. Stryker
5. CONMED
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • CONMED
  • Johnson and Johnson
  • Medtronic Plc
  • Stryker
1. Introduction

2. Research & Methodology

3. Executive Summary

4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges

5. United States Endoscopy Device Market

6. Market Share – United States Endoscopy Device Market
6.1 By Product
6.1.1 Endoscopes
6.2 By Application
6.3 By End User

7. Product – United States Endoscopy Device Market
7.1 Operative Devices
7.2 Endoscopy Visualization Components
7.3 Endoscopy Visualization Systems
7.4 Endoscopes
7.4.1 Rigid Endoscopes
7.4.2 Robot Assisted Endoscopes
7.4.3 Disposable Endoscopes
7.4.4 Capsule Endoscopes
7.4.5 Flexible Endoscopes

8. Application – United States Endoscopy Device Market
8.1 Gastroenterology
8.2 ENT Surgery
8.3 Gynecology
8.4 Neurology
8.5 Urology
8.6 Other Applications

9. End Users – United States Endoscopy Device Market
9.1 Hospitals
9.2 Ambulatory Surgery Centers/Clinics
9.3 Other End Uses

10. Porters Five Forces
10.1 Overview
10.2 Bargaining Power of Buyers
10.3 Bargaining Power of Suppliers
10.4 Degree of Competition
10.5 Threat of New Entrants
10.6 Threat of Substitutes

11. Company Analysis
11.1 Boston Scientific Corporation
11.1.1 Overview
11.1.2 Recent Development
11.1.3 Financial Insights
11.2 Medtronic Plc
11.2.1 Overview
11.2.2 Recent Development
11.2.3 Financial Insights
11.3 Johnson and Johnson
11.3.1 Overview
11.3.2 Recent Development
11.3.3 Financial Insights
11.4 Stryker
11.4.1 Overview
11.4.2 Recent Development
11.4.3 Financial Insights
11.5 CONMED
11.5.1 Overview
11.5.2 Recent Development
11.5.3 Financial Insights

List Of Figures:
Figure-01: United States Endoscopy Device Market (Billion US$), 2016 – 2021
Figure-02: Forecast for – United States Endoscopy Device Market (Billion US$), 2022 – 2027
Figure-03: Product – Operative Devices Market (Million US$), 2016 – 2021
Figure-04: Product – Forecast for Operative Devices Market (Million US$), 2022 – 2027
Figure-05: Product – Endoscopy Visualization Components Market (Million US$), 2016 – 2021
Figure-06: Product – Forecast for Endoscopy Visualization Components Market (Million US$), 2022 – 2027
Figure-07: Product –Endoscopy Visualization Systems Market (Million US$), 2016 – 2021
Figure-08: Product – Forecast for Endoscopy Visualization Systems Market (Million US$), 2022 – 2027
Figure-09: Product – Endoscopes Market (Million US$), 2016 – 2021
Figure-10: Product – Forecast for Endoscopes Market (Million US$), 2022 – 2027
Figure-11: Product – Rigid Endoscopes Market (Million US$), 2016 – 2021
Figure-12: Product – Forecast for Rigid Endoscopes Market (Million US$), 2022 – 2027
Figure-13: Product – Robot Assisted Endoscopes Market (Million US$), 2016 – 2021
Figure-14: Product – Forecast for Robot Assisted Endoscopes Market (Million US$), 2022 – 2027
Figure-15: Product – Disposable Endoscopes Market (Million US$), 2016 – 2021
Figure-16: Product – Forecast for Disposable Endoscopes Market (Million US$), 2022 – 2027
Figure-17: Product – Capsule Endoscopes Market (Million US$), 2016 – 2021
Figure-18: Product – Forecast for Capsule Endoscopes Market (Million US$), 2022 – 2027
Figure-19: Product – Flexible Endoscopes Market (Million US$), 2016 – 2021
Figure-20: Product – Forecast for Flexible Endoscopes Market (Million US$), 2022 – 2027
Figure-21: Application – Gastroenterology Market (Million US$), 2016 – 2021
Figure-22: Application – Forecast for Gastroenterology Market (Million US$), 2022 – 2027
Figure-23: Application – ENT Surgery Market (Million US$), 2016 – 2021
Figure-24: Application – Forecast for ENT Surgery Market (Million US$), 2022 – 2027
Figure-25: Application – Gynecology Market (Million US$), 2016 – 2021
Figure-26: Application – Forecast for Gynecology Market (Million US$), 2022 – 2027
Figure-27: Application – Neurology Market (Million US$), 2016 – 2021
Figure-28: Application – Forecast for Neurology Market (Million US$), 2022 – 2027
Figure-29: Application – Urology Market (Million US$), 2016 – 2021
Figure-30: Application – Forecast for Urology Market (Million US$), 2022 – 2027
Figure-31: Application – Other Market (Million US$), 2016 – 2021
Figure-32: Application – Forecast for Other Market (Million US$), 2022 – 2027
Figure-33: End Users – Hospitals Market (Million US$), 2016 – 2021
Figure-34: End Users – Forecast for Hospitals Market (Million US$), 2022 – 2027
Figure-35: End Users – Ambulatory Surgery Centers/Clinics Market (Million US$), 2016 – 2021
Figure-36: End Users – Forecast for Ambulatory Surgery Centers/Clinics Market (Million US$), 2022 – 2027
Figure-37: End Users – Other Market (Million US$), 2016 – 2021
Figure-38: End Users – Forecast for Other Market (Million US$), 2022 – 2027
Figure-39: Boston Scientific Corporation – Global Revenue (Million US$), 2016 – 2021
Figure-40: Boston Scientific Corporation – Forecast for Global Revenue (Million US$), 2022 – 2027
Figure-41: Medtronic Plc – Global Revenue (Million US$), 2016 – 2021
Figure-42: Medtronic Plc – Forecast for Global Revenue (Million US$), 2022 – 2027
Figure-43: Johnson and Johnson – Global Revenue (Million US$), 2016 – 2021
Figure-44: Johnson and Johnson – Forecast for Global Revenue (Million US$), 2022 – 2027
Figure-45: Stryker – Global Revenue (Million US$), 2016 – 2021
Figure-46: Stryker – Forecast for Global Revenue (Million US$), 2022 – 2027
Figure-47: CONMED – Global Revenue (Million US$), 2016 – 2021
Figure-48: CONMED – Forecast for Global Revenue (Million US$), 2022 – 2027

List Of Tables:
Table-01: United States Endoscopy Device Market Share by Product (Percent), 2016 – 2021
Table-02: Forecast for – United States Endoscopy Device Market Share by Product (Percent), 2022 – 2027
Table-03: United States Endoscopy Device Market Share by Endoscopes (Percent), 2016 – 2021
Table-04: Forecast for – United States Endoscopy Device Market Share by Endoscopes (Percent), 2022 – 2027
Table-05: United States Endoscopy Device Market Share by Application (Percent), 2016 – 2021
Table-06: Forecast for – United States Endoscopy Device Market Share by Application (Percent), 2022 – 2027
Table-07: United States Endoscopy Device Market Share by End-User (Percent), 2016 – 2021
Table-08: Forecast for – United States Endoscopy Device Market Share by End-User (Percent), 2022 – 2027
Note: Product cover images may vary from those shown
  • Boston Scientific Corporation
  • Medtronic Plc
  • Johnson and Johnson
  • Stryker
  • CONMED
Note: Product cover images may vary from those shown

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

Loading
LOADING...