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US Endoscopy Devices Market Healthcare, Clinical Reviews, Survey Reports 2020-2024

Olympus Corporation, Medtronic, Fujifilm Medical Systems, Cook Medical, Conmed, Arthrex, Hoya Corporation, Ethicon Endo-Surgery (Johnson & Johnson)

The United States is anticipated to dominate the endoscopy devices market in North America. The factors attributed to the high growth of the market in the country are the increasing number of neurological disorders and growing adoption of minimally invasive surgeries. According to a survey conducted in the United States, by the National Centre for Health Statistics, approximately 3.5 million Laparoscopic procedures were performed in the United States in the year 2017. This indicates that endoscopic procedures are performed widely in the country.  Neurosurgery and skull-based surgery are undergoing a paradigm shift. Physicians are using endoscopic techniques to visualize and excise lesions that were previously addressed through large open surgeries. The advantages of minimally invasive surgeries, such as less invasive, quick recovery time of patients, and low cost of treatment, have augmented the demand for endoscopy devices in the country. Further advancement in various surgical devices in the United States, from established key players, is likely to drive the market in the country. However, infections caused by endoscopes is one of the major restraints to the market

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Scope of the Report

As per the scope of this report, endoscopy devices are minimally invasive and can be inserted into natural openings of the human body, in order to observe an internal organ or a tissue in detail. Endoscopic surgeries are performed for imaging procedures and minor surgeries.

Key Market Trends

Capsule endoscopy segment dominates the US Endoscopy Devices Market

Capsule endoscopy is an effective, automatic, simple, and painless method of imaging the mucosa of the digestive tract. It has numerous potential applications and a rising role in the digestive pathological examination. The market for capsule endoscopy is expected to be driven by favorable reimbursement policies, technological advancements, and the increasing number of new players in the market. The introduction of technologically advanced features, such as Wi-Fi-enabled small bowel capsules featuring longer battery life, is further expected to drive the demand for capsule endoscopy devices.  This procedure not only makes patient’s visits to the hospitals/clinics more comfortable but also lowers the examination costs, while offering proper treatment. It also eliminates any possibility of in-hospital infection, as in the case of conventional endoscopy.

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Competitive Landscape

US Endoscopy Devices market has rapidly evolved over the last few years. Industry observed significant changes in adopting market strategies such as product developments, mergers, and acquisitions in recent years. Thus, the US Endoscopy Devices market has become a very competitive industry. Major companies in the market are Olympus Corporation, Medtronic, Fujifilm Medical Systems, Cook Medical, Conmed, Arthrex, Hoya Corporation, Ethicon Endo-Surgery (Johnson & Johnson), amongst others.

Reasons to Purchase this report:

– The market estimate (ME) sheet in Excel format

– Report customization as per the client’s requirements

– 3 months of analyst support

Top Companies in the Global Market:

– Boston Scientific Corporation

– Conmed Corporation

– Cook Medical

– Richard Wolf GmbH

– Johnson and Johnson

– Fujifilm Holdings

– Medtronic PLC

– Olympus Corporation

Table of Contents:

1 INTRODUCTION

1.1 Study Deliverables

1.2 Study Assumptions

1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.2.1 Growing Preference for Minimally-invasive Surgeries

4.2.2 Increasing Prevalence of Endoscopy for Treatment and Diagnosis

4.2.3 Technological Advancements Leading to Enhanced Applications

4.3 Market Restraints

4.3.1 Infections Caused by Few Endoscopes

4.4 Porter’s Five Force Analysis

4.4.1 Threat of New Entrants

4.4.2 Bargaining Power of Buyers/Consumers

4.4.3 Bargaining Power of Suppliers

4.4.4 Threat of Substitute Products

4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

5.1 By Type of Device

5.1.1 Endoscopes

5.1.1.1 Rigid Endoscope

5.1.1.2 Flexible Endoscope

5.1.1.3 Capsule Endoscope

5.1.1.4 Robot-assisted Endoscope

5.1.2 Endoscopic Operative Device

5.1.2.1 Irrigation/Suction System

5.1.2.2 Access Device

5.1.2.3 Wound Protector

5.1.2.4 Insufflation Device

5.1.2.5 Operative Manual Instrument

5.1.2.6 Other Endoscopic Operative Devices

5.1.3 Visualization Equipment

5.1.3.1 Endoscopic Camera

5.1.3.2 SD Visualization System

5.1.3.3 HD Visualization System

5.2 By Application

5.2.1 Gastroenterology

5.2.1.1 Pulmonology

5.2.1.2 Orthopedic Surgery

5.2.1.3 Cardiology

5.2.1.4 ENT Surgery

5.2.1.5 Gynecology

5.2.1.6 Neurology

5.2.1.7 Urology

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

6.1.1 Boston Scientific Corporation

6.1.2 Conmed Corporation

6.1.3 Cook Medical

6.1.4 Richard Wolf GmbH

6.1.5 Johnson and Johnson

6.1.6 Fujifilm Holdings

6.1.7 Medtronic PLC

6.1.8 Olympus Corporation

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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