Endoscopic Imaging Market size was valued at USD 29.74 Bn. in 2022 and the total Endoscopic Imaging revenue is expected to grow by 7.2 % from 2023 to 2029, reaching nearly USD 48.39 Bn.
Endoscopic Imaging Market Overview
MMR recently published Endoscopic Imaging market report offers a holistic view of the Endoscopic Imaging market, encompassing both global players and local players operating in different countries. Through a comparative analysis of key players and market followers, this report provides an insightful industry outlook.
Endoscopic Imaging Market Report Scope and Research Methodology
The report provides an in-depth analysis of the Endoscopic Imaging market, through segmentation. It analyses the market size, share, growth, and trends, along with the drivers and restraints affecting the market growth. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report.
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Endoscopic Imaging Market Regional Insights
The report provides regional insights into the industrial gas market for North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. The Asia-Pacific region is expected to dominate the market.
Endoscopic Imaging Market Segmentation
by Application
Gastroenterology
Urology
Orthopedic Surgery
Cardiology
ENT Surgery
Gynecology
With 55.7% of revenue, the gastroenterology category led the endoscopic imaging markets in 2022, according to the application. The global increase in the prevalence of gastrointestinal disorders among youth, adults, and the elderly is a major driver propelling the gastroenterology market's expansion.
Constipation, irritable bowel syndrome, and dyspepsia are examples of gastrointestinal problems. Additionally, a prevalent form of organic gastrointestinal problem is gastroesophageal reflux disease. The need for gastrointestinal endoscopies is being driven by the aging population and the increasing prevalence of gastrointestinal illnesses. In the world, the second most common cause of cancer-related mortality is gastrointestinal malignancies. The most reliable method for identifying gastrointestinal malignancies has been shown to be endoscopy.
Consequently, more endoscopic procedures are being performed in order to detect gastrointestinal malignancies early anticipated to dominate the industry in the upcoming years. Most gastrointestinal stromal tumors start in the colon, esophagus, or rectum. Most patients over 50 years old are diagnosed with gastrointestinal stromal tumors.
by Product
Visualization Equipment
Endoscopes
Endoscopic Operative Device
Because of its extensive use in endoscopic procedures and growing popularity for the visualization and diagnosis of complex medical conditions like cancer, GI disorders, urinary disorders, and lung disorders, the Visualization Equipment segment held the largest revenue share of 37.5% in the endoscopic imaging market based on product in 2022. Additionally, the use of next-generation endoscopic visualization systems is expanding and implying a bigger share for the segment. These systems enable surgeons to visualize the internal organ of choice with a less invasive technique.
Furthermore, throughout the course of the projected period, the endoscopes sector contributed a CAGR of 9.4% to the endoscopic imaging market for endoscopy equipment.
An increase in endoscopic operations is the reason for this quick expansion.The reason for this quick expansion is because more endoscopic treatments are being carried out, and endoscopes are being used extensively for biopsies and surgeries to improve diagnosis and treatment. Because flexible endoscopes are highly preferred by medical professionals for use and offer advantages over rigid endoscopes, including safety, higher efficiency, and improved ergonomics, they dominated the endoscopes market and accounted for a large portion of revenue in 2022.
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Endoscopic Imaging Market Key Players
1. Olympus Corporation
2. HOYA Corporation
3.Fujifilm
4. Johnson & Johnson
5. Boston Scientific Corporation
6. Covidien Plc
Key questions answered in Endoscopic Imaging Market are:
- Who held the largest market share in the Endoscopic Imaging Market?
- What are the factors driving the Endoscopic Imaging Market growth?
- What are the factors restraining the Endoscopic Imaging Market growth?
- Which trends are expected to generate additional revenue for the Endoscopic Imaging market growth?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Endoscopic Imaging Market?
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Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size & Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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