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Global Gastrointestinal Endoscopy Devices Market (2023-2028) Competitive Analysis, Impact of Economic Slowdown & Impending Recession, Ansoff Analysis

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  • 177 Pages
  • February 2024
  • Infogence Global Research
  • ID: 5754704
The Global Gastrointestinal Endoscopy Devices Market is estimated to be USD 52.68 Bn in 2023 and is expected to reach USD 89.98 Bn by 2028 growing at a CAGR of 11.3%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding growth and reducing the risks.

Market Segmentations

  • The Global Gastrointestinal Endoscopy Devices Market is segmented based on Product, End User, and Geography.
  • By Product, the market is classified into Biopsy Devices, Capsule Endoscopy Devices, GI Videoscope, Stent Systems, Haemostasis Devices, ERCP Devices, and Others.
  • By End User, the market is classified into Hospitals, Clinics, and Others.
  • By Geography, the market is classified into Americas, Europe, Middle East & Africa, and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Hobbs Medical, Inc., Leuven Medical GmbH, B. Braun Melsungen Ag, Telemed Systems, Inc., Jinshan Science and Technology Co., Ltd., CONMED Corp., Olympus Corp., etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Gastrointestinal Endoscopy Devices Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development, and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
  • The publisher analyses the Global Gastrointestinal Endoscopy Devices Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Gastrointestinal Endoscopy Devices Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Sedentary Lifestyle, Overweight & Tobacco Consumption
4.1.2 Growing Geriatric Population and Increasing Prevalence of Gastrointestinal (GI) Disorders
4.1.3 Increase in Choice for Minimally Invasive or Keyhole Surgeries
4.1.4 Surging Requirement for Endoscopy to Diagnose and Treat Target Disease
4.1.5 Increasing Investments, Funds, and Grants by Governments and Other Organization
4.1.6 Ongoing Advancements in Endoscopic Technologies to Ensure Patient Safety and Achieve More Accurate Treatments
4.2 Restraints
4.2.1 Capital-Intensive Market
4.2.2 Unfavourable Healthcare Reforms in US
4.2.3 High Overhead Cost of Endoscopy Procedures with Limited Reimbursement
4.2.4 High Risk of Viral Infections during Endoscopic Procedures
4.3 Opportunities
4.3.1 Recent Developments in Devices Used for Gastrointestinal Endoscopy Sedation
4.3.2 Rising New Amalgamation and Products Launch Activities
4.4 Challenges
4.4.1 Rise in the Incidences of Skin Irritation due to Capsule Endoscopy
4.4.2 Rising Shortage of Trained Physicians and Endoscopists
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTEL Analysis
5.4 SWOT Analysis
5.5 Impact of COVID-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis
6 Global Gastrointestinal Endoscopy Devices Market, By Product
6.1 Introduction
6.2 Biopsy Device
6.3 Capsule Endoscopy Device
6.4 GI Videoscope
6.5 Stent System
6.6 Hemostasis Device
6.7 ERCP Device
6.8 Others
7 Global Gastrointestinal Endoscopy Devices Market, By End User
7.1 Introduction
7.2 Hospitals
7.3 Clinics
7.4 Others
8 Americas' Gastrointestinal Endoscopy Devices Market
8.1 Introduction
8.2 Argentina
8.3 Brazil
8.4 Canada
8.5 Chile
8.6 Colombia
8.7 Mexico
8.8 Peru
8.9 United States
8.10 Rest of Americas
9 Europe's Gastrointestinal Endoscopy Devices Market
9.1 Introduction
9.2 Austria
9.3 Belgium
9.4 Denmark
9.5 Finland
9.6 France
9.7 Germany
9.8 Italy
9.9 Netherlands
9.10 Norway
9.11 Poland
9.12 Russia
9.13 Spain
9.14 Sweden
9.15 Switzerland
9.16 United Kingdom
9.17 Rest of Europe
10 Middle East and Africa's Gastrointestinal Endoscopy Devices Market
10.1 Introduction
10.2 Egypt
10.3 Israel
10.4 Qatar
10.5 Saudi Arabia
10.6 South Africa
10.7 United Arab Emirates
10.8 Rest of MEA
11 APAC's Gastrointestinal Endoscopy Devices Market
11.1 Introduction
11.2 Australia
11.3 Bangladesh
11.4 China
11.5 India
11.6 Indonesia
11.7 Japan
11.8 Malaysia
11.9 Philippines
11.10 Singapore
11.11 South Korea
11.12 Sri Lanka
11.13 Thailand
11.14 Taiwan
11.15 Rest of Asia-Pacific
12 Competitive Landscape
12.1 Competitive Quadrant
12.2 Market Share Analysis
12.3 Strategic Initiatives
12.3.1 M&A and Investments
12.3.2 Partnerships and Collaborations
12.3.3 Product Developments and Improvements
13 Company Profiles
13.1 B. Braun Melsungen Ag
13.2 Becton, Dickinson, and Company
13.3 Boston Scientific Corp.
13.4 CONMED Corp.
13.5 Cook Group, Inc.
13.7 Fujifilm Corp.
13.8 Globus Medical
13.9 Hobbs Medical, Inc.
13.10 Intuitive Surgical, Inc.
13.11 Jinshan Science and Technology Co Ltd.
13.12 Johnson and Johnson Services, Inc.
13.13 Leufen Medical GmbH
13.14 Medrobotics Corp.
13.15 Medtronic PLC
13.16 NuVasive, Inc.
13.17 Olympus Corp.
13.18 Stryker Corp.
13.19 Telemed Systems, Inc.
13.20 Titan Medical, Inc.
14 Appendix
14.1 Questionnaire

Companies Mentioned

  • B. Braun Melsungen Ag
  • Becton, Dickinson, and Company
  • Boston Scientific Corp.
  • CONMED Corp.
  • Cook Group, Inc.
  • Fujifilm Corp.
  • Globus Medical
  • Hobbs Medical, Inc.
  • Intuitive Surgical, Inc.
  • Jinshan Science and Technology Co Ltd.
  • Johnson and Johnson Services, Inc.
  • Leufen Medical GmbH
  • Medrobotics Corp.
  • Medtronic PLC
  • NuVasive, Inc.
  • Olympus Corp.
  • Stryker Corp.
  • Telemed Systems, Inc.
  • Titan Medical, Inc.