The global demand for Gastrointestinal Endoscopic Devices Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Devices utilized to analyze the internal coating of the gastrointestinal region are known as gastrointestinal endoscopic devices. Gastrointestinal tract encompasses large intestine, small digestive intestine, internal organs, stomach, duodenum, cecum, colon and rectum. Any disorder or deviations from the norm in the ability of this GI tract is determined for using gastrointestinal endoscopic tools. These devices are helpful in observing the cause for inflammation, abdominal bleeding, vomiting, persistent pain, and tumour influencing the oesophagus, duodenum along with the stomach.
The global gastrointestinal endoscopic devices market is expected to register significant growth over the forthcoming years. The Shifting lifestyle combined with unwell eating patterns has given growth to various gastrointestinal diseases which are anticipated to stimulate the market growth. Moreover, increasing geriatric population with chronic medical ailments such as GI illnesses and expanding occurrence of colon & rectum disorders due to overweight, sedentary lifestyle & tobacco consumption are among few components driving the expansion of gastrointestinal endoscopic devices market. Likewise, evolving weight awareness, particularly among women, results in weight surveillance treatments choices such as bypass surgery and banding which use gastrointestinal endoscopic tools which are predicted to firmly reinforce market growth in the forecasted period.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of gastrointestinal endoscopic devices.
The entire gastrointestinal endoscopic devices market has been sub-categorized into Product, End User. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By End User
- Endoscopic Retrograde Cholangiopancreatography Devices (ERCP)
- Hemostatis Devices
- Capsule Endoscopy
- Biopsy Devices
- GI Videoscopes
This section covers regional segmentation which accentuates on current and future demand for gastrointestinal endoscopic devices market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Gastrointestinal Endoscopic Devices Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the gastrointestinal endoscopic devices market include Stryker Corporation, Boston Scientific Corporation, Johnson & Johnson Ltd., Fujinon Ltd., Conmed Corporation, Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.