Pre-order Enquiry
Request Free Sample
Healthcare
Aerospace & Defence
Agriculture
Automations
Chemicals & Advanced Materials
Food & Beverages
Information & Communication Technology
Oil & Gas
Power & Energy
The US endoscopy devices market is expected to register a CAGR of about 6.38% during 2018-2023 (the forecast period). According to the American Board of Surgery, endoscopy is one of the top-five procedures performed by certified surgeons in the United States.
Endoscopy is carried out to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal growth in the colon, along with other abdominal and gastrointestinal conditions. This minimally invasiveness of this procedure, with quite less complication, makes it one of the most-preferred procedures.
Growth in Demand for the Use of Minimally Invasive Procedures in Surgeries
In America, a new analysis of the surgical outcomes concludes that increased usage of minimally invasive surgery for certain common procedure can reduce post-operative complications and, thus, save hundreds of millions of dollars of the US healthcare bill.
The growth of the geriatric population in the United States has reduced the healthcare cost and improved patient quality of life. These factors are fuelling the US endoscopy devices market.
Infections Caused by Endoscopes
Infections caused by endoscopes is one of the major restraints to the market. It has been observed that contaminated endoscopes are the major cause for the outbreak of infections. The most common infections are associated with ERCP (Endoscopic Retrograde Cholangiopancreatography) procedures. The carbapenem-resistant enterobacteriacae (CRE) are often found in duodenoscopes that are not removed by conventional cleaning and sterilization procedures. Therefore, infections can pass on from patient to patient. These infections are considered fatal in certain cases. Some parts of the endoscope are extremely difficult to access and clean thoroughly.
Other factors, such as dearth of trained physicians to operate the equipment, is also restraining the market growth.
Market Segmentation
The US Endoscopy devices market has been segmented on the basis of type of endoscopy device and application. By type of endoscopy device, the market has been segmented into rigid endoscope, flexible endoscope, capsule endoscope, surgical endoscope, robot-assisted endoscope, and ‘others’. By application, the market has been segmented into Laparoscopy, GI endoscopy, Bronchoscopy, Arthroscopy, Urology endoscopy, Colonoscopy, Gynic endoscopy, Neuroendoscopy, Sigmoidoscopy, Laryngoscopy, Duodenoscopy, Nasopharyngoscopy, Rhinoscopy, Pharyngoscopy, and Others.
Major Players: OLYMPUS CORPORATION, COVIDIEN, FUJIFILM MEDICAL SYSTEMS, COOK MEDICAL, CONMED, ARTHREX, HOYA CORPORATION, ETHICON ENDO-SURGERY (JOHNSON & JOHNSON), PENTAX MEDICAL amongst others.
Reasons to Purchase this Report
• Market analysis for the US endoscopy market, with region-specific assessments and competition analysis on the regional scale
• Various market perspectives, with the help of Porter’s five forces analysis
• The treatment type that is expected to dominate the market
• Regions that are expected to witness fastest growth during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
• 3 months analyst support, along with the Market Estimate sheet (in excel)
Customization of the Report
• This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.
Endoscopy is carried out to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal growth in the colon, along with other abdominal and gastrointestinal conditions. This minimally invasiveness of this procedure, with quite less complication, makes it one of the most-preferred procedures.
Growth in Demand for the Use of Minimally Invasive Procedures in Surgeries
In America, a new analysis of the surgical outcomes concludes that increased usage of minimally invasive surgery for certain common procedure can reduce post-operative complications and, thus, save hundreds of millions of dollars of the US healthcare bill.
The growth of the geriatric population in the United States has reduced the healthcare cost and improved patient quality of life. These factors are fuelling the US endoscopy devices market.
Infections Caused by Endoscopes
Infections caused by endoscopes is one of the major restraints to the market. It has been observed that contaminated endoscopes are the major cause for the outbreak of infections. The most common infections are associated with ERCP (Endoscopic Retrograde Cholangiopancreatography) procedures. The carbapenem-resistant enterobacteriacae (CRE) are often found in duodenoscopes that are not removed by conventional cleaning and sterilization procedures. Therefore, infections can pass on from patient to patient. These infections are considered fatal in certain cases. Some parts of the endoscope are extremely difficult to access and clean thoroughly.
Other factors, such as dearth of trained physicians to operate the equipment, is also restraining the market growth.
Market Segmentation
The US Endoscopy devices market has been segmented on the basis of type of endoscopy device and application. By type of endoscopy device, the market has been segmented into rigid endoscope, flexible endoscope, capsule endoscope, surgical endoscope, robot-assisted endoscope, and ‘others’. By application, the market has been segmented into Laparoscopy, GI endoscopy, Bronchoscopy, Arthroscopy, Urology endoscopy, Colonoscopy, Gynic endoscopy, Neuroendoscopy, Sigmoidoscopy, Laryngoscopy, Duodenoscopy, Nasopharyngoscopy, Rhinoscopy, Pharyngoscopy, and Others.
Major Players: OLYMPUS CORPORATION, COVIDIEN, FUJIFILM MEDICAL SYSTEMS, COOK MEDICAL, CONMED, ARTHREX, HOYA CORPORATION, ETHICON ENDO-SURGERY (JOHNSON & JOHNSON), PENTAX MEDICAL amongst others.
Reasons to Purchase this Report
• Market analysis for the US endoscopy market, with region-specific assessments and competition analysis on the regional scale
• Various market perspectives, with the help of Porter’s five forces analysis
• The treatment type that is expected to dominate the market
• Regions that are expected to witness fastest growth during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
• 3 months analyst support, along with the Market Estimate sheet (in excel)
Customization of the Report
• This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.
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.
