The global laparoscopy and endoscopy devices market is projected to be worth USD 28.30 Billion by 2027, according to a current analysis by Emergen Research. The report clearly defines the Laparoscopy and Endoscopy Devices market position on a global level. It analyzes the impact of the pandemic with regards to economic landscape and government regulations in each region. The laparoscopy and endoscopy devices market is observing high demand attributed to the rising occurrence of chronic diseases such as cancer. Cancer significantly impacts the societal and economic growth in the US and worldwide and is a major contributor to the cost burden of disease. It has been anticipated that 1,806,590 new cancer cases are likely to be diagnosed in the US in 2020, and 606,520 deaths will occur owing to the disease. Gastrointestinal (GI) cancer is the second leading cause of mortalities due to cancer and GI endoscopy. It is the most appropriate way for diagnosing the disease and hence boosting the laparoscopy endoscopy devices market demand.
Key Highlights From The Report
In October 2019, Medtronic PLC made an announcement about the introduction of GI Genius™ intelligent endoscopy module, which deploys AI to identify colorectal polyps and offer physicians with a strong tool in combatting colorectal cancer.
Gynecological endoscopy is likely to witness a significant growth rate in the forecast period and finds usage in diagnosing common female conditions and pathologies, including certain infertility problems, endometrial polyps, and small vaginal hemorrhages, among others.
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The market intelligence report takes a closer view of the global market share, estimated growth rate, future market trends, entry-level barriers, fundamental market drivers, restraints, challenges, and opportunities. It also studies the supply chain disruptions and economic volatility induced by the pandemic and offers a current and future assessment of the impact of the pandemic on the global and regional Laparoscopy and Endoscopy Devices market.
Key participants include Stryker Corporation, Fujifilm, Smith & Nephew PLC, Cook Medical, Boston Scientific, B. Braun Melsungen, Olympus, Medtronic, Karl Storz, and Hoya Corporation, among others.
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Emergen Research has segmented the global laparoscopy and endoscopy devices market on the basis of device type, application, end-users, and region:
Device Type Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
End Users Outlook (Revenue, USD Billion; 2017-2027)
Hospitals & Clinics
Ambulatory Surgical Centers
Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.
Middle East & Africa
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Laparoscopy and Endoscopy Devices Market Segmentation & Impact Analysis
4.1. Laparoscopy and Endoscopy Devices Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
22.214.171.124. Rising occurrence of chronic diseases
126.96.36.199. Growing geriatric population
188.8.131.52. Growing demand for minimally invasive surgery
184.108.40.206. Technological advancement
4.2.3. Market restraints analysis
220.127.116.11. Low awareness of the product
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Laparoscopy and Endoscopy Devices Market By Device Type Insights & Trends, Revenue (USD Million)
5.1. Device Type Dynamics & Market Share, 2019 & 2027
5.1.1. Laparoscopy Device
5.1.2. Endoscopy Device
Key Questions Answered in the Report:
What is the growth rate of the Laparoscopy and Endoscopy Devices market? What is the anticipated market valuation of Laparoscopy and Endoscopy Devices industry by 2027?
What are the key growth driving and restraining factors of the Laparoscopy and Endoscopy Devices market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
Unfolding the prime factors prompting global market growth:
The study offers an in-depth analysis of the product outlook, which depicts the latest production growth trends and profit valuation. It further fragments the global Laparoscopy and Endoscopy Devices market into a broad product spectrum.
The study covers essential data related to these products’ application landscape, the demand for and market share held by each application type, and their growth rate analysis over the estimated period.
A detailed description of the distribution channels, including distributors, producers, and buyers, is one of the report’s key market highlights.
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