What is Global Endoscopy Procedures Estimates Market?
The Global Endoscopy Procedures Estimates Market is a comprehensive study of the global trends in endoscopic procedures. Endoscopy is a non-surgical procedure used to examine a person's digestive tract. Using an endoscope, a flexible tube with a light and camera attached to it, doctors can view pictures of your digestive tract on a color TV monitor. This market study focuses on the various types of endoscopic procedures such as Gastrointestinal (GI) Endoscopy, Colonoscopy, Laparoscopy, Gastroscopy, Duodenoscopy, Bronchoscopy, Cystoscopy, among others. The market value of these procedures was estimated at US$ 252.5 million in 2022 and is projected to reach US$ 303.9 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 3.1% from 2023 to 2029.
Gastrointestinal (GI) Endoscopy, Colonoscopy, Laparoscopy, Gastroscopy, Duodenoscopy, Bronchoscopy, Cystoscopy, Others in the Global Endoscopy Procedures Estimates Market:
The Global Endoscopy Procedures Estimates Market is dominated by five major players who collectively hold over 40% of the market share. The Asia-Pacific region is the largest market for endoscopy procedures, accounting for about 38% of the global market. This is followed by North America and Europe, which hold 38% and 19% of the market share respectively. The market is segmented based on the type of procedure and the setting in which the procedure is performed, such as hospitals and clinics.
Hospital, Clinic in the Global Endoscopy Procedures Estimates Market:
Endoscopy procedures are widely used in hospitals and clinics for the diagnosis and treatment of various gastrointestinal conditions. In hospitals, these procedures are performed in a dedicated endoscopy suite by a team of specialized doctors and nurses. The procedures are used to diagnose conditions such as gastroesophageal reflux disease (GERD), ulcers, tumors, and cancers of the digestive tract. In clinics, endoscopy procedures are often performed as outpatient procedures, allowing patients to return home the same day. The use of endoscopy in these settings is driven by the increasing prevalence of gastrointestinal diseases, advancements in endoscopic technology, and the growing demand for minimally invasive procedures.
Global Endoscopy Procedures Estimates Market Outlook:
The future outlook of the Global Endoscopy Procedures Estimates Market is promising, with a projected growth rate of 3.1% from 2023 to 2029. The market was valued at US$ 252.5 million in 2022 and is expected to reach US$ 303.9 million by 2029. The Asia-Pacific region is anticipated to continue its dominance in the market, followed by North America and Europe. The growth of the market is attributed to the increasing prevalence of gastrointestinal diseases, advancements in endoscopic technology, and the growing demand for minimally invasive procedures.
Report Metric | Details |
Report Name | Endoscopy Procedures Estimates Market |
Accounted market size in 2023 | US$ 252.5 million |
Forecasted market size in 2029 | US$ 303.9 million |
CAGR | 3.1 |
Base Year | 2023 |
Forecasted years | 2023 - 2029 |
Segment by Type |
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Segment by Application |
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By Region |
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By Company | HCA Healthcare, Tenet Healthcare Corporation, Mayo Clinic, Cleveland Clinic, Ramsay Health Care, The Mount Sinai Hospital, IHH Healthcare, Surgical Care Affiliates, AMSURG Corporation, Peking Union Medical College Hospital, Apollo Hospitals, Charité - Universitätsmedizin Berlin, Policlinico Universitario A. Gemelli, University Health Network, Third Hospital of Peking University, Hospital Israelita Albert Einstein, Beijing Friendship Hospital Medical University, Clinica Universidad de Navarra, Royal Prince Alfred Hospital, Queen Mary Hospital Hong Kong, China Resources Medical, King's College Hospital, The University of Tokyo Hospital, Queen Elizabeth Hospital Hong Kong, Prince of Wales Hospital, Hokkaido University Hospital, Hôpital Européen Georges Pompidou, St. Michael’s Hospital, Asan Medical Center |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |