Vision Research Reports Announced New Report on “Endoscopy Procedures Estimates Market – Global Industry Analysis, Size, Share, Trends, Revenue and Forecast 2022 to 2030”.
Growing prevalence of functional gastrointestinal disorders is one of the major factors for the high adoption of minimally invasive endoscopic procedures. For example, according to the data published by the endoscopy center of the gastroenterology associates of Pensacola, each year, about 62 million Americans are diagnosed with a digestive disorder. Similarly, in 2020, another report published in the Gastroenterology journal stated that over 40% of people in the world have functional gastrointestinal disorders.
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The growing prevalence of chronic diseases increases the adoption of minimally invasive endoscopic surgeries to diagnose, treat, and prevent the internal organ complications associated with these diseases. According to the CDC’S National Center for Chronic Disease Prevention and Health Promotion (NCCDPHP) report, about 6 in 10 adults in the U.S have a chronic disease. Moreover, the rapid progress by healthcare providers to introduce minimally invasive surgeries for better post-clinical outcomes is expected to drive the adoption of endoscopy procedures.
The increasing prevalence of gastrointestinal cancers is also expected to accelerate the adoption of endoscopy procedures all over the globe. Moreover, technological advancements in endoscopy devices further accelerate the adoption of this procedure to diagnose and treat several gastrointestinal disorders. The advancement of endoscopic devices to view intra-abdominal organs using video endoscopy and the integration of computer software with endoscopic devices also supports the adoption of endoscopic procedures.
|Market Size||US$ 248.5 Million by 2030|
|Growth Rate||CAGR of 1.2% From 2022 to 2030|
|Largest Market||Asia Pacific|
|Forecast Period||2022 to 2030|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, Middle East & Africa|
By Application Analysis
The gastroscopy application segment dominated the market in 2021 accounting for a share of 31.1%, in terms of the number of procedures. Other application segments are Gastrointestinal (GI) endoscopy, colonoscopy, laparoscopy, duodenoscopy, bronchoscopy, cystoscopy, and others.
An increase in the number of endoscopic surgeries performed for the diagnosis of the upper digestive tract or esophagus is the major factor attributed to the highest share of this segment.
Gastroscopy is recommended by the physicians for diagnosis of several common symptoms, such as indigestion, abdominal pain, dysphagia, excessive vomiting, unusual burping, and so on, which, in turn, drives the growth of this segment.
Overview of Endoscopy Procedures Estimates Market Study
Endoscopy Procedures Estimates market study conducted by Vision Research Reports is intended at helping stakeholders get a comprehensive overview of potential challenges and undiscovered opportunities. The report offers exclusive insights to help companies and their customers to make informed decision to sustain growth through the assessment period.
Scope of the Study
This Endoscopy Procedures Estimates market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes market by players, product, application, and region. This report also studies global market prominence, competitive landscape, market share, growth rate market dynamics such as drivers, restraints and opportunities, and distributors and sales channel.
This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers competitive scenario which comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.
By Regional Analysis
Asia Pacific region dominated the global estimates with the highest share of more than 43.0% in 2021. The growing prevalence of digestive tract disorders coupled with a larger population contributed to the high adoption of endoscopic procedures in this region.
Increasing awareness about minimally invasive surgeries and the growing number of modern healthcare facilities are the major factors anticipated to boost the adoption of endoscopic procedures in the region.
The presence of a large number of healthcare facilities performing endoscopic surgeries and the high adoption of minimally invasive endoscopic procedures are expected to drive the region’s growth.
The increasing prevalence of functional gastrointestinal disorders and irritable bowel syndrome is also expected to drive the region’s growth.
- By Application
- Gastrointestinal (GI) Endoscopy
- North America
- New Zealand
- Latin America
- Middle East Africa
- South Africa
- Saudi Arabia
- North America
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Key Points Covered in Endoscopy Procedures Estimates Market Survey
- Demand will remain high in the U.S., backed by favorable reimbursement policies and presence of some of the leading market players.
- Europe will continue showcasing high demand. Sales will remain high, especially in the U.K., Germany, France, and other countries.
- China and India will exhibit high demand for Endoscopy Procedures Estimates, backed by expanding healthcare sector.
- Focus on research and development will increase in Brazil, creating opportunities for the expansion of the Endoscopy Procedures Estimates market.
- In terms of (segment type), (segment name) will emerge as the top-choice.
- Hospitals are expected to showcase higher demand for Endoscopy Procedures Estimates on account of greater access to advanced technologies and higher footfall of patients.
- Driven by the presence of some of the leading pharmaceutical producers, demand in the Japan Endoscopy Procedures Estimates market will continue increasing at a high pace.
Some of the key highlights covered in the report includes:
- Endoscopy Procedures Estimates Market Demand-Supply Analysis – The report covers detailed insights into demand and supply forces prevailing in the global Endoscopy Procedures Estimates market. It examines trends and factors influencing demand for Endoscopy Procedures Estimates globally and gauges the impact of the same on the production.
- Endoscopy Procedures Estimates Pricing Analysis – The report presents exclusive pricing analysis. It compares pricing strategies adopted by the leading market players and identifies the most remunerative strategies.
- Market Segmentation – The report segments the global market in terms of diverse criteria. It identifies the leading segment within each category and identifies growth drivers and restraints affecting growth across each segment.
- Regional Analysis – The report segments the market in terms of North America, Europe, Latin America, Asia Pacific, and Rest of the World in terms of region. It has chapters exclusively dedicated to analyzing growth trends across each region. It identifies growth drivers as well challenges affecting demand for Endoscopy Procedures Estimates across the world.
- Competitive Analysis – Some of the leading market players are profiled in the report on Endoscopy Procedures Estimates. The report offers estimation of share individually help by the market players and determines the impact of some of their popular strategies.
- COVID-19 Impact Analysis – This chapter is exclusively dedicated to gauging how the market has evolved or will develop in the post-pandemic era.
- Growth Recommendations – In the end, the report presents valuable recommendations to ready businesses for unforeseen challenges in the near future.
Why should you invest in this report?
If you are aiming to enter the global Endoscopy Procedures Estimates market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for Endoscopy Procedures Estimates are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
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