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Endoscopy Devices Market Top Players –Olympus Corporation, STRYKER, Medtronic, KARL STORZ SE & Co. KGm, Ethicon US, LLC., Richard Wolf GmbH

The endoscopy devices market accounted to US$ 26,333.3 Mn in 2017 and is expected to grow at a CAGR of 7.5% during the forecast period 2018 – 2025, to account to US$ 45,612.3 Mn by 2025.

North America is the largest geographic market and it is expected to be the largest revenue generator during the forecast period. North American market is driven by the factors such as, FDA approvals obtained by the market players as well as rising prevalence of cancer cases.

The List of Companies – Endoscopy Devices Market

1. Olympus Corporation
2. STRYKER
3. Medtronic
4. KARL STORZ SE & Co. KG
5. Ethicon US, LLC.
6. Richard Wolf GmbH
7. Boston Scientific Corporation
8. Smith & Nephew
9. Cook
10. FUJIFILM Holdings Corporation

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ENDOSCOPY DEVICES – MARKET SEGMENTATION

By Product

  • Endoscopes
    • Rigid Endoscope
    • Flexible Endoscope
    • Capsule Endoscope
  • Visualization Systems
    • Wireless Displays and Monitors
    • Light Sources
    • Video Processors
    • Endoscopic Cameras
    • Video Recorders
    • Video Converters
    • Carts
    • Transmitters & Receivers
    • Camera Heads
  • Other Endoscopy Equipment
    • Electronic Instruments
      • Insufflators
      • Endoscopy Fluid Management Systems
      • Endoscopy Ultrasound
      • Other Electronic Devices
    • Mechanical Instruments
      • Biopsy Forceps
      • Graspers
      • Snares
      • Trocars and Cannuals
      • Other Mechanical Instruments

Strategic Insights

Product launches and approvals were observed as the most adopted strategy in global endoscopy devices industry. Few of the recent product launches and approvals made by the players are listed below;

2018: In May, 2018, Olympus Corporation Launched ENF-VT3, the world’s first1 rhino-laryngo videoscope to incorporate 4-direction angulation Capability. The launch is expected to help the company to offer a strong product portfolio in the market.

2017: In September, 2017, Cook Medical’s Urology business began the distribution of Cellvizio Confocal Laser Endomicroscopy (CLE) System manufactured by Mauna Kea Technologies. Cellvizio has been made available to urologists throughout the United States.

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Application Insights

The endoscopy devices market by application was segmented into gastrointestinal endoscopy, laparoscopy, arthroscopy, otoscopy, urology endoscopy, bronchoscopy, laryngoscopy, other applications. The laparoscopy segment held the largest share of the market, by application. The gastrointestinal endoscopy segment is likely to dominate in the forecast period, due to rapid increase in the number of gastrointestinal disorders.

End User Insights

The endoscopy devices market by end user was segmented into hospitals and ambulatory surgical centers and other end users. The hospitals segment held the largest share of the market, by application. The segment is also anticipated to grow at a steady rate during the forecast period, due to availability of reimbursement for endoscopic procedures.

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