Global Gastrointestinal Endoscopic Device Market Insights, Forecast to 2025
With the procedure known as gastrointestinal endoscopy, a doctor is able to see the inside lining of your digestive tract. This examination is performed using an endoscope-a flexible fiber-optic tube with a tiny TV camera at the end. The camera is connected to either an eyepiece for direct viewing or a video screen that displays the images on a color TV. The endoscope not only allows diagnosis of gastrointestinal (GI) disease but treatment as well.
Olympus was the leading manufacturer in the market of Gastrointestinal Endoscopic Device, and it alone achieved a revenue market share about 67%. Top 5 companies took up a combined share of approximately 97% of the world's total. Market competition is not intense, since key companies hold thier own patent and established customers. Geographically, North America is the largest consumption area, with a share close to 39% in 2018.
The global Gastrointestinal Endoscopic Device market is valued at 2747 million US$ in 2018 and will reach 4025.7 million US$ by the end of 2025, growing at a CAGR of 5.5% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Gastrointestinal Endoscopic Device market based on company, product type, end user and key regions.
This report studies the global market size of Gastrointestinal Endoscopic Device in key regions like North America, Europe, China and Japan, focuses on the consumption of Gastrointestinal Endoscopic Device in these regions.
This research report categorizes the global Gastrointestinal Endoscopic Device market by top players/brands, region, type and end user. This report also studies the global Gastrointestinal Endoscopic Device market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Gastrointestinal Endoscopic Device market size by Type
The most widely-used type of Gastrointestinal Endoscopic Device was the Flexible one, that took up a market share of nearly 92% in 2018.
Gastrointestinal Endoscopic Device market size by Applications
Tissue Resection can be divided into three application area: EMR (Endoscopic Mucosal Resection), ESD (Endoscopic Submucosal Dissection), and Other Resections. Gastrointestinal Endoscopic Devices was most widely used in Snare Polypectomy among those apllications, which accounted for 4.06% of total market share.
Market size by Region
Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Gastrointestinal Endoscopic Device market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Gastrointestinal Endoscopic Device market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Gastrointestinal Endoscopic Device companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Gastrointestinal Endoscopic Device submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Gastrointestinal Endoscopic Device are as follows:
History Year: 2014-2018
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Gastrointestinal Endoscopic Device market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.