Esophagoscope and Gastroscope Market

Esophagoscopes & Gastroscopes Market: Flexible Endoscope Largest Product Type in Terms of Revenue: Global Industry Analysis 2013 - 2017 and Opportunity Assessment 2018 - 2028

  • 2018-11-19
  • REP-GB-3120
  • 133 pages
  • PDF PPT EXCEL
 Esophagoscope and Gastroscope Market

An Incisive, In-depth Analysis on the Esophagoscope And Gastroscope Market

This study offers a comprehensive, 360 degree analysis on the Esophagoscope And Gastroscope market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Esophagoscope And Gastroscope market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

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Over 75% Revenue Contribution of Leading Manufacturers in the Esophagoscopes & Gastroscopes Market

The esophagoscopes & gastroscopes market is largely dominated by major key players such as Olympus Corporation and Pentax Medical Company who provide various types of endoscopes. These companies are focusing on launching new innovative products in the esophagoscopes & gastroscopes market. In the esophagoscopes & gastroscopes market, companies are focusing on expand their distribution channels in emerging countries, which, in turn, is expected to increase the esophagoscopes & gastroscopes market.

Rising Prevalence of Gastrointestinal Diseases

The rising prevalence of gastrointestinal diseases is a factor mostly responsible for an increase in the use of esophagoscopes & gastroscopes. Gastrointestinal cancer is a common disease among Asian-Americans, as the prevalence rate is around 48.8 per 1,000 hospitalizations, which can increase the growth of the esophagoscopes & gastroscopes market. The increase in the number of other diseases such as gastroesophageal reflux diseases, gastrointestinal bleeding, stomach cancer, functional gastrointestinal diseases, etc., is also expected to increase the demand for endoscopy procedures, which further propels the demand for esophagoscopes & gastroscopes. Smoking is the major factor causing gastrointestinal diseases . Other factors that are responsible for causing gastrointestinal diseases are poor diets, urbanizations, etc., which are expected to boost the esophagoscopes & gastroscopes market. Genetics can also be a cause of gastrointestinal diseases.

Increase in the Number of Minimally Invasive Surgeries

Doctors and physicians prefer different types of endoscopes over conventional procedures for detection and treatment, owing to the safety and efficacy of endoscopy procedures. This drives the demand for endoscopes, and is expected to propel the esophagoscopes & gastroscopes market in the long run.

Minimally Invasive surgeries are simple, and the risks associated with them are very low, which is expected to boost the esophagoscopes & gastroscopes market.

According to the Centers for Disease Control and Prevention (CDC), around 48 million surgical procedures were performed in the U.S. alone in 2009. Of these, 1.1 million were cardiac catheterizations, 525,000 endoscopic procedures, and others included coronary artery bypass grafts, total hip replacement, and endoscopic procedures for the large intestines.

Moreover, around 10 million minimally invasive procedures were performed, globally, in 2011.  The increase in the number of minimally invasive surgeries is expected to boost the growth of the esophagoscopes & gastroscopes market during the forecast period.

Rise in Incidence Rate of Lifestyle Diseases in the Geriatric Population Worldwide

The geriatric population is more prone to lifestyle diseases and disorders such as cardiac disorders, diabetes, and obesity, which are the leading causes of illnesses, globally, and will enhance the esophagoscopes & gastroscopes market.

According to the World Health Organization (WHO), life expectancy has increased throughout the world. Age dynamics and increasing longevity have resulted in increasing life expectancy, which eventually has led to a rise in the geriatric population (people aging over 65 years).

Advanced medical and healthcare facilities is also an important factor that is responsible for an increase in the geriatric population.

Thus, the geriatric population has become an important segment for endoscopy procedures. An increase in the prevalence of gastrointestinal procedures for cancer, bleeding, etc., in the elderly population is expected to boost the esophagoscopes & gastroscopes market.

Ease in FDA Clearance

In the endoscope medical devices market, the FDA 510(k) premarket approval process is followed. As per the Food and Drug Administration (FDA) published list of class II (special control), devices that were subjected to certain limitations are now exempted from premarket notification requirements under the Food and Drug Administration Modernization Act of 1997 (known as Modernization Act).

The Modernization Act and exemptions relieve device manufacturers and developers from the need to submit premarket submissions, and enable the FDA to redirect resources to more significant public health issues.

This minimizes the time taken for regulatory approval – reducing costs significantly, and propelling growth of the endoscope and esophagoscopes & gastroscopes markets.

Competitive Landscape of the Global Esophagoscopes & Gastroscopes Market

The competition section of the esophagoscopes & gastroscopes market features the profiles of the key players operating in the esophagoscopes & gastroscopes industry based on their market shares, differential strategies, product offerings, marketing approach, and company dashboard. Some of the esophagoscopes & gastroscopes market key players featured in this report include Shanghai AoHua Photoelectricity Endoscope Co., Ltd., Olympus Corporation, Pentax Medical Company Fujifilm Holdings Corp., and Karl Storz GmbH & Co. KG

TKkey manufacturers offer a wide range of esophagoscope & gastroscope products and services for endoscopy procedures. Shanghai AoHua Photoelectricity Endoscope Co., Ltd. is a medical device company that is engaged in the research and development, manufacture, and sale of endoscopic devices. The company offers veterinary, medical, and industrial esophagoscopes & gastroscopes. It sells its products through a market sales network in China and internationally.

Olympus Corporation offers endoscopic ultrasound systems, endoscopic video imaging systems, endoscope ultrasound systems, and any types of gastrointestinal endoscopes.

Key manufacturers of esophagoscopes & gastroscopes are focusing on novel marketing strategies to increase product penetration. Companies offering esophagoscopes & gastroscopes products are focusing on mergers and new innovative product launches. Many companies are focusing on geographical expansion to boost their esophagoscopes & gastroscopes market share.

Definition

An instrument which is introduced into the body to view its internal parts is called an endoscope. There are two types of endoscopes – rigid endoscopes and flexible endoscopes. Rigid endoscopes give an opportunity to reach internal cavities and organs. A flexible endoscope is used for the diagnosis of the internal parts of the body.

About the Report

The company conducted a research study on the esophagoscopes & gastroscopes market for the forecast period 2018 to 2028. The report offers a comprehensive evaluation of the business opportunities prevailing in the esophagoscopes & gastroscopes market, along with insights on the consumption trend, disease incidences, and awareness level for esophagoscopes & gastroscopes, and also market competition. The report elaborates the macroeconomic factors influencing the dynamics of the esophagoscopes & gastroscopes market, and its futuristic potential.

Segmentation

The report offers a comprehensive taxonomy of the esophagoscopes & gastroscopes market based on product type, end user, and region. Based on product type, endoscopes are segmented into rigid endoscopes and flexible endosopes. Based on user, the esophagoscopes & gastroscopes market is segmented into hospitals, ambulatory surgical centres, specialty clinics, and diagnostic centres.

Additional Questions Answered

Some of the additional questions addressed in this report on the esophagoscopes & gastroscopes market are-

  • What is the revenue potential of the products related to esophagoscopes & gastroscopes across the regions of North America and Europe?

  • Who are the key competitors, and what are their portfolios in the esophagoscopes & gastroscopes market?

  • What are major challenges influencing the growth of the esophagoscopes & gastroscopes market?

  • How intervention from insurance coverage is shaping the esophagoscopes & gastroscopes market growth?

Research Methodology

The esophagoscopes & gastroscopes market has been estimated based on the supply-demand approach. A triangulation methodology is adopted to derive the esophagoscopes & gastroscopes market size, which is primarily based on overall expenditure on life science research, R&D funding, and capital equipment installed base to obtain precise market estimations and insights on life science and biotechnology associated products, technologies, applications, and services. This information is further validated with rigorous primary research (including interviews, surveys, in-person interactions, and viewpoints of seasoned analysts) and secondary research (including verified paid sources, authentic trade journals, and resourceful databases.

A recent market study published by FMI – 'Esophagoscopes & Gastroscopes Market: Global Industry Analysis 2013-2017 & Opportunity Assessment 2018-2028', consists of a comprehensive assessment of the most important market dynamics. On conducting a thorough research on the historic as well as current growth parameters of the esophagoscopes & gastroscopes market, growth prospects of the market are obtained with maximum precision. The report features unique and salient factors that may have a huge impact on the development of the esophagoscopes & gastroscopes market during the forecast period. It can help market players modify their manufacturing and marketing strategies to envisage maximum growth in the esophagoscopes & gastroscopes market in the upcoming years. The report provides detailed information about the current and future growth prospects of the esophagoscopes & gastroscopes market in the most comprehensive way for the better understanding of readers.

Chapter 1 – Executive Summary

The report commences with the executive summary of the esophagoscopes & gastroscopes market report, which includes the summary of key findings and key statistics of the market. It also includes the market value (US$ million) estimates of the leading segments of the esophagoscopes & gastroscopes market.

Chapter 2 – Market Overview

Readers can find detailed taxonomy and the definition of the esophagoscopes & gastroscopes market in this chapter, which helps them understand the basic information about the esophagoscopes & gastroscopes market dynamics, supply chain, cost structure, pricing analysis, list of key distributors and suppliers, and list of key market participants.

Chapter 3 – Global Esophagoscopes & Gastroscopes Market Analysis 2013-2017 & Opportunity Assessment 2018-2028 by Product Type

Based on product type, the esophagoscopes & gastroscopes market is segmented into rigid endoscopes and flexible endoscopes. In this chapter, readers can find information about key trends and developments in the esophagoscopes & gastroscopes market, and market attractive analysis based on product type and various kits used for sequencing. In this chapter, readers can find information about key trends and developments in the esophagoscopes & gastroscopes market and market attractive analysis based on the product type for each region.

Chapter 4 – Global Esophagoscopes & Gastroscopes Market Analysis 2013-2017 & Opportunity Assessment 2018-2028 by End User

Based on end user, the esophagoscopes & gastroscopes market is segmented into hospitals, ambulatory surgical centres, specialty clinics, and diagnostic centres. In this chapter, readers can find information about key trends and developments in the esophagoscopes & gastroscopes market and market attractive analysis based on end user. In this chapter, readers can find information about key trends and developments in the esophagoscopes & gastroscopes market and market attractive analysis based on the end user for each region.

Chapter 5 – Global Esophagoscopes & Gastroscopes Market Analysis 2013-2017 & Opportunity Assessment 2018-2028 by Region

This chapter explains how the esophagoscopes & gastroscopes market will grow across various geographic regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa (MEA).

Chapter 6 – North America Esophagoscopes & Gastroscopes Market Analysis 2013-2017 & Opportunity Assessment 2018-2028

This chapter includes detailed analysis of the growth of the North American esophagoscopes & gastroscopes market, along with country-wise assessment including the U.S. and Canada. Readers can also find regional trends, regulations, and market growth based on product type, end user, and country of esophagoscopes & gastroscopes in the North American region.

Chapter 7 – Latin America Esophagoscopes & Gastroscopes Market Analysis 2013-2017 & Opportunity Assessment 2018-2028

Readers can find detailed information about factors such as regional trends that are impacting the growth of the Latin American esophagoscopes & gastroscopes market. This chapter also includes the growth prospects of the esophagoscopes & gastroscopes market in leading LATAM countries such as Brazil, Mexico, Argentina, and the Rest of the Latin America.

Chapter 8 – Europe Esophagoscopes & Gastroscopes Market Analysis 2013-2017 & Opportunity Assessment 2018-2028

Important growth prospects of the esophagoscopes & gastroscopes market based on its product type, form, and application in several European countries/regions such as EU4, UK, BENELUX, Nordic, and Eastern Europe are included in this chapter.

Chapter 9 – Asia Pacific Esophagoscopes & Gastroscopes Market Analysis 2013-2017 & Opportunity Assessment 2018-2028

Great China, India, ASEAN, and Australia and New Zealand are the leading countries/regions in the APEJ region that are the prime subject of assessment to obtain growth prospects of the APEJ esophagoscopes & gastroscopes market in this chapter. Readers can find thorough information about the growth parameters of the APEJ esophagoscopes & gastroscopes market during the period 2013-2028.

Chapter 10 – MEA Esophagoscopes & Gastroscopes Market Analysis 2013-2017 & Opportunity Assessment 2018-2028

This chapter provides information on how the esophagoscopes & gastroscopes market will grow in major countries/regions in the MEA region, such as GCC Countries, Turkey, Iran, Israel, and South Africa, during the period 2013-2028.

Chapter 11– Competition Landscape, Company Share, and Company Profiles

In this chapter, readers can find a comprehensive list of all the leading stakeholders in the esophagoscopes & gastroscopes market, along with detailed information about each company, including company overview, revenue shares, strategic overview, and recent company developments. Market players featured in the report include Shanghai AoHua Photoelectricity Endoscope Co., Ltd., Olympus Corporation, Pentax Medical Company Fujifilm Holdings Corp., and Karl Storz GmbH & Co. KG

Chapter 12 – Assumptions and Acronyms

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the report.

Chapter 13 – Research Methodology

This chapter helps readers understand the research methodology followed to obtain various conclusions, important qualitative information, and quantitative information about the esophagoscopes & gastroscopes market.

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Harish Tiwari

Harish Tiwari

Global Head - Business Development

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