Industrial Endoscopic Equipment Market Growth, Size, Trends, Share, Revenue and Future Outlook
Industrial Endoscopic Equipment Market Size- By Application, By Accessories, By End Product, By Product Type, By Visualization System- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Mar-2023 | Report ID: MACH2304 | Pages: 1 - 242 | Formats*: |
| Category : Equipment and Machinery | |||
Global Industrial Endoscopic Equipment Market Overview
According to SPER Market Research, the Global Industrial Endoscopic Equipment Market is estimated to reach USD 96.10 billion by 2032 with a CAGR of 7.74%.
An endoscopy according to medical terminology is the procedure used to look inside the patient body. It is a least invasive procedure used to examine a patient’s internal organ or tissue. The devices are inserted into the body either through natural openings or cavities like anus or mouth or through incision made with the help of a sharp blade scalpel. A camera and other accessory instrument are also attached with the main endoscopy tube to increase its efficiency. It is mainly used to study the infection of stomach, Intestines, ENT (Ear, Nose and Throat).Endoscopy is mainly used by Nephrologist, Cardiologists, Gynecologists, gastroenterologists, liver transplant surgeons. Due to unhealthy lifestyle there is a continuous rise in these disease which is the main driving factor in increasing the market size of these Instruments. Additionally the rising economies are also responsible for significant market growth opportunities. The growth in the market is also due to advancement in the technology used behind these endoscopic instruments as well as the endoscopic technologies to ensure the patient safety and more accurate and reliable diagnosis of the disease.
A number of advancement and development has been done recently in the endoscopic technologies like FDA approval received by Carl Zeiss AG for the manufacturing of disposable forceps that decreases the adhesion of tissues while making the incision or the FDA clearance received by Endo Fresh for the development of disposable digestive endoscopic system that is mainly used for treatment of gastrointestinal diseases. Merger and Acquisition between some giant players of the industry may also result in synergies for developing the new Endoscopic products which further enhances the efficiency of treatment as well as the market size of the products. However some factors can also effect the growth of market in a negative manner like improper handling of equipment, high cost (fixed plus variable). Sterility is also an important factor which should be consider to increase its market size and also safety of the patient and the person using it.
Impact of COVID-19 on the Global Industrial Endoscopic Equipment Market
The COVID-19 pandemic has had a significant impact on the global industrial endoscopic equipment market. Endoscopic equipment is used to diagnose and treat various medical conditions, as well as in various industries for inspection and maintenance purposes.One of the major impacts of the pandemic on the industrial endoscopic equipment market has been the disruption of supply chains. With lockdowns and travel restrictions in place, manufacturers have faced challenges in procuring raw materials and shipping finished products. As a result, there has been a shortage of endoscopic equipment in many regions, leading to a slowdown in demand.
Despite the challenges posed by the pandemic, the industrial endoscopic equipment market is expected to recover in the coming years. With the easing of lockdowns and the resumption of industrial activity, the demand for endoscopic equipment is likely to increase. In addition, the increasing adoption of minimally invasive procedures and the development of advanced endoscopic technologies are expected to drive the growth of the market.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Application, By Accessories, By End Users, By Product Type, By Visualization System |
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | Olympus, Fujifilm, HOYA, Karl Storz, Stryker, Endo Choice, Richard Wolf, Aohua, Johnson and Johnson |
Global Industrial Endoscopic Equipment Market Segmentation:
1. By Application:
- Arthroscopy
- Bronchoscopy
- Colonoscopy
- Laryngoscopy
2. By Accessories:
- Insufflator
- Mouthpieces
3. By End Users:
- Ambulatory Settings
- ENT clinics
- Hospitals
4. By Product Type:
- Flexible Endoscopes
- Hearing Screening Devices
- Rigid Endoscopes
5. By Visualization System:
- Recorders
- Processors
- Video Converters
6. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Industrial Endoscope Equipment Market (FY’2019-FY’2032)
- Overview of Global Industrial Endoscope Equipment Market
- Segmentation of Global Industrial Endoscope Equipment Market By Application (Arthroscopy, Bronchoscopy, Colonoscopy, Laryngoscopy)
- Segmentation of Global Industrial Endoscope Equipment Market By Accessories (Insufflator, Mouthpieces)
- Segmentation of Global Industrial Endoscope Equipment Market By End Users (Ambulatory Settings, ENT Clinics, Hospitals)
- Segmentation of Global Industrial Endoscope Equipment Market By Product Type (Flexible Endoscopes, Hearing Screening Devices, Rigid Endoscopes)
- Segmentation of Global Industrial Endoscope Equipment Market By Visualization System (Recorders, Processors, Video Converters)
- Statistical Snap of Global Industrial Endoscope Equipment Market
- Growth Analysis of Global Industrial Endoscope Equipment Market
- Problems and Challenges of Global Industrial Endoscope Equipment Market
- Competitive Landscape in the Global Industrial Endoscope Equipment Market
- Impact of COVID-19 and Demonetization on Global Industrial Endoscope Equipment Market
- Details on Recent Investment in Global Industrial Endoscope Equipment Market
- Competitive Analysis of Global Industrial Endoscope Equipment Market
- Major Players in the Global Industrial Endoscope Equipment Market
- SWOT Analysis of Global Industrial Endoscope Equipment Market
- Global Industrial Endoscope Equipment Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s2.2 Market size estimation2.2.1 Top-down and Bottom-up approach2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges4.2. COVID-19 Impacts on the Global Industrial Endoscope Equipment Market
5. Market variables and outlook
5.1. SWOT analysis5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats5.2. PESTEL analysis5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape5.3. PORTER’S five forces analysis5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Industrial Endoscope Equipment Manufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Industrial Endoscope Equipment Market
7. Global Industrial Endoscope Equipment Market, By Application, 2019-2032 (USD Million)
7.1 Arthroscopy7.2 Bronchoscopy7.3 Colonoscopy7.4 Laryngoscopy
8. Global Industrial Endoscope Equipment Market, By Accessories, 2019-2032 (USD Million)
8.1 Insufflator8.2 Mouthpieces
9. Global Industrial Endoscope Equipment Market, By End Users, 2019-2032 (USD Million)
9.1 Ambulatory Settings9.2 ENT clinics9.3 Hospitals
10. Global Industrial Endoscope Equipment Market, By Product Type, 2019-2032 (USD Million)
10.1. Flexible Endoscopes10.2. Hearing Screening Devices10.3. Rigid Endoscopes
11. Global Industrial Endoscope Equipment Market, By Visualization System, 2019-2032 (USD Million)
11.1. Recorders11.2. Processors11.3. Video Converters
12. Global Industrial Endoscope Equipment Market, By Region, 2019-2032 (USD Million)
12.1 Global Industrial Endoscope Equipment Market Size and Market Share by Region (2019-2025)12.2 Global Industrial Endoscope Equipment Market Size and Market Share by Region (2026-2032)12.3 Asia pacific12.3.1 Australia12.3.2 China12.3.3 India12.3.4 Japan12.3.5 South Korea12.3.6 Rest of Asia-Pacific12.4 Europe12.4.1. France12.4.2. Germany12.4.3. Italy12.4.4. Spain12.4.5. United Kingdom12.4.6. Rest of Europe12.5 Middle East and Africa12.5.1. Kingdom of Saudi Arabia12.5.2. United Arab Emirates12.5.3. Rest of Middle East & Africa12.6 North America12.6.1 Canada12.6.2 Mexico12.6.3 United State12.7 Latin America12.7.1. Argentina12.7.2. Brazil12.7.3. Rest of Latin America
13. Company Profiles
13.1. Aohua13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent development13.2. Endochoice13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent development13.3. Fujifilm13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent development13.4 Hoya13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments13.5. Johnson and Johnson13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments13.6 Karl storz13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments13.7 Olympus13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments13.8 Richard wolf13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments13.9 Stryker13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
The North America region is anticipated to have the highest market share in the Industrial Endoscope Equipment Market.
Industrial Endoscope Equipment Market is projected to reach USD 96.10billion by 2032, growing at a CAGR of 7.74% during the forecast period.
Industrial Endoscope Equipment Market grew in market size from 2021. The Market is expected to reach USD 96.10 billion by 2032, at a CAGR of 7.74% during the forecast period.
Industrial Endoscope Equipment Market CAGR of 7.74% during the forecast period.
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Industrial Endoscope Equipment Market size is USD 96.10 billion from 2022 to 2032.
Industrial Endoscope Equipment Market Segment is Covered By Application, By Accessories, By End Users, By Product Type, By Visualization System
The key players in the market include Companies Covered Olympus, Fujifilm, HOYA, Karl Storz, Stryker, Endo Choice, Richard Wolf, Aohua, Johnson and Johnson
The growth in the market is also due to advancement in the technology used behind these endoscopic instruments as well as the endoscopic technologies to ensure the patient safety and more accurate and reliable diagnosis of the disease.
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