size was estimated to be worth roughly USD 12,857.8 million in 2021 and isEndoscopes Market predicted to grow to around USD 25,441.1 million by 2030. The global Endoscopes market is predicted to grow at a CAGR of roughly 9.56% during the forecast period.
Endoscopes are medical devices used to inspect and treat the inside organs. Endoscopy is a minimally invasive procedure in which an endoscope is put into the body either through a small incision or through an orifice (such as the mouth, anus, or elsewhere). The endoscope has a built-in camera that can be used to visualise internal organs on a video monitor. Endoscopy is used to diagnose and collect tissue samples from wounded organs (in case of cancer). It is mostly used in surgical procedures as a tool for minimally invasive surgery. Endoscopy systems are composed of an endoscope, a viewing system, end treatment devices, and other instruments.
The COVID-19 pandemic during the epidemic had a negative impact on the endoscopy industry. A large section of the world's population was impacted by the coronavirus outbreak, which raised the danger of infection-related deaths. To stop the virus from spreading, many nations around the world implemented national lockdowns and crises. The healthcare systems were adversely impacted by the pandemic's increased patient influx and changes in diagnostic techniques. Because they were considered to be non-emergent, endoscopic operations that were scheduled during the pandemic were postponed or delayed.
List of Prominent Players in the Endoscopes Market
Ethicon US, LLC
FUJIFILM Holdings Corp.
Boston Scientific Corp.
Karl Storz GmbH & Co., KG
Richard Wolf Medical Instruments
In December 2019, Boston Scientific Corporation announced, EXALT Model D Single Use Duodenoscope received FDA clearance. The device is used in endoscopic retrograde cholangiopancreatography procedures. The device is the first and only (disposable) duodenoscope that has been granted FDA clearance. Clearances such as this enabled the firm to set a strong customer base and propel the business forward.
In October 2017, Fujifilm announced the launch of ELUXEO and sets. This next-generation endoscopic video imaging system go in line with the firm’s endoscopy portfolio, providing physicians with the tools they need to enhance results. Thus, additions such as these helped the company diversify and enhance its endoscopy portfolio, thereby solidifying its industry position.
Segments Covered in the Report:
Other Rigid Endoscopes
Upper Gastrointestinal Endoscopes
Other Flexible Endoscopes
Robot Assisted Endoscopes
Gastrointestinal (GI) Endoscopy
Urology Endoscopy (Cystoscopy)
By End User
Ambulatory Surgery Centers/Clinics
Other End Uses
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