Gastrointestinal Endoscopic Devices Market: Hemostatis Devices, Biopsy Devices, Endoscopic Retrograde Cholangiopancreatography Devices (ERCP), Capsule Endoscopes, GI Videoscopes, and Others: Forecast, 2015 – 2021

Gastrointestinal Endoscopic Devices Market: Hemostatis Devices, Biopsy Devices, Endoscopic Retrograde Cholangiopancreatography Devices (ERCP), Capsule Endoscopes, GI Videoscopes, and Others: Forecast, 2015 – 2021

Gastrointestinal Endoscopic Devices Market: Hemostatis Devices, Biopsy Devices, Endoscopic Retrograde Cholangiopancreatography Devices (ERCP), Capsule Endoscopes, GI Videoscopes, and Others: Forecast, 2015 – 2021

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According to the report, the global gastrointestinal endoscopic devices market accounted for approximately USD 5.6 Billion in 2015 and is expected to reach approximately USD 8.5 Billion by 2021, growing at a CAGR of around 7.0% between 2016 and 2021. Gastrointestinal endoscopy is used to treat conditions of the gastrointestinal tract. Gastrointestinal (GI) tract includes small intestine, large intestine, stomach, rectum duodenum, cecum, and colon. The scope helps the doctor to have a look if the patient has any ulcer, inflammation, tumors, infection, or bleeding. It helps to collect tissue samples (biopsy), remove polyps, and treat bleeding through the scope.

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According to the report, the global gastrointestinal endoscopic devices market accounted for approximately USD 5.6 Billion in 2015 and is expected to reach approximately USD 8.5 Billion by 2021, growing at a CAGR of around 7.0% between 2016 and 2021.

Endoscopy devices are one of the crucial devices that provide clinical solutions to the demands of the fast-paced world by allowing close examination of internal organs and body structures. As a result of changing lifestyle and increasing consumption of junk food, the gastro intestinal health issues have increased rapidly in last few years. This has led to increasing in the usage of gastrointestinal endoscopy. Gastrointestinal endoscopy devices help the doctor, to have a clear view of inside lining of the patient esophagus and the first part of the patient small intestine.

Upper endoscopy is used to treat conditions of the upper gastrointestinal tract. The scope helps the doctor to have a look if the patient has any ulcer, inflammation, tumors, infection, or bleeding. It helps to collect tissue samples (biopsy), remove polyps, and treat bleeding through the scope. It also helps to find out problems that do not show up on X-ray tests. It is more accurate than X-ray films for detecting inflammation, ulcers, and tumors of the esophagus, stomach, and duodenum.

Global Gastrointestinal Endoscopic Devices Market

As a result of changing lifestyle, lack of proper exercise and continuous shift of youngsters towards junk food has given rise to numerous gastrointestinal (GI) disorders which in turn is expected to drive the demand for the gastrointestinal endoscopic devices market during the forecast period. Moreover, increase in a number of patients with colon & rectum cancer, the growing geriatric population with long-term medical conditions such as GI disorders overweight & tobacco consumption are some others factors driving the growth of gastrointestinal endoscopic devices market. However, the fear of infections caused by endoscopes and chances of complications during endoscopy may curb the gastrointestinal endoscopy devices market in the near future. Moreover, lack of government funding and lack of reimbursement policies are some more factors expected to hamper the growth of the global gastrointestinal endoscopic devices market in the near future. Nonetheless, advancements in the gastrointestinal endoscopic devices are expected to open new avenues for the market over the years.

The gastrointestinal endoscopic devices market can be segmented into product segments viz. hemostasis devices, biopsy devices, endoscopic retrograde cholangiopancreatography devices (ERCP), capsule endoscopes, GI videoscopes, and others (esophageal dilation balloons, stents, polypectomy snares,  and anti-reflux devices).  GI video scores dominated the gastrointestinal endoscopic devices market in 2015 as the result of rising predominance of gastrointestinal disorders such as Crohn’s diseases, ulcer, & bowel syndrome. Moreover, capsule endoscopes are also expected to witness modest growth in the coming years.

North America was the largest regional market for the gastrointestinal endoscopic U.S was the leading market for gastrointestinal endoscopic devices in North America in 2015. North America accounted for more than 30% share of the global gastrointestinal endoscopic devices market. Europe followed North America in terms of demand for gastrointestinal endoscopic devices. However, poor reimbursement policies for imaging procedures and drop in government funding in various nations such as Europe and the U.S. are few factors impeding market growth. Asia Pacific is expected to be the fastest regional market for gastrointestinal endoscopic devices on account of the rising and aging population in China, India, and Australia. In addition, the expansion of health insurance coverage in Asia Pacific is expected to increase access to healthcare, government initiative to lower direct taxes, higher depreciation on medical equipment, income tax exemption coupled with increasing medical tourism in India, Singapore and Thailand which in turn is expected to augment the demand for gastrointestinal endoscopic devices in the near future.

Major market players in this industry are Covidien Ltd., Stryker Corporation, Boston Scientific Corporation, Johnson & Johnson Ltd., Fujinon Ltd and Conmed Corporation among others.  The growing geriatric population is yet another reason that will impel growth in the global gastrointestinal endoscopic devices market, making it imperative for players to launch high-end endoscopic devices. Many players in the pharmaceutical sector are aiming at research & development activities in order to introduce potential breakthroughs for the development of improved and more effective gastrointestinal endoscopic devices.
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[wptab name=’Table of content’]

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global Gastrointestinal Endoscopic Devices market, 2015 – 2021 (USD Billion)
    • 2.2. Global Gastrointestinal Endoscopic Devices market: Snapshot
  • Chapter 3. Gastrointestinal Endoscopic Devices – Market Dynamics
    • 3.1. Introduction
    • 3.2. Value chain analysis
    • 3.3. Market drivers
      • 3.3.1. Global Gastrointestinal Endoscopic Devices market drivers: Impact analysis
      • 3.3.2. Changing Lifestyle & Food Consumption Pattern
      • 3.3.3. Growing Preference for Minimal Invasive Surgeries
    • 3.4. Market restraints
      • 3.4.1. Lack of government funding and lack of reimbursement policies
      • 3.4.2. Lack of trained Endoscopists and Physicians
    • 3.5. Opportunities
      • 3.5.1. Technological Advancement
    • 3.6. Porter’s five forces analysis
      • 3.6.1. Bargaining power of suppliers
      • 3.6.2. Bargaining power of buyers
      • 3.6.3. Threat from new entrants
      • 3.6.4. Threat from new substitutes
      • 3.6.5. Degree of competition
    • 3.7. Market attractiveness analysis
      • 3.7.1. Market attractiveness analysis, by product segment
      • 3.7.2. Market attractiveness analysis, by regional segment
  • Chapter 4. Global Gastrointestinal Endoscopic Devices Market – Competitive Landscape
    • 4.1. Company market share, 2015 (Subject to data availability)
    • 4.2. Price trend analysis
  • Chapter 5. Global Gastrointestinal Endoscopic Devices Market – Product Segment Analysis
    • 5.1. Global Gastrointestinal Endoscopic Devices market: Product segment overview
      • 5.1.1. Global Gastrointestinal Endoscopic Devices market revenue share, by product segment, 2015 and 2021
    • 5.2. Hemostatis Devices
      • 5.2.1. Global Hemostatis Devices market , 2015 – 2021 (USD Billion)
    • 5.3. Biopsy Devices
      • 5.3.1. Global Biopsy Devices market, 2015 – 2021 (USD Billion)
    • 5.4. Endoscopic Retrograde Cholangiopancreatography Devices (ERCP)
      • 5.4.1. Global Endoscopic Retrograde Cholangiopancreatography Devices (ERCP) market, 2015 – 2021 (USD Billion)
    • 5.5. Capsule Endoscopes
      • 5.5.1. Global Capsule Endoscopes market, 2015 – 2021 (USD Billion)
    • 5.6. GI Videoscopes
      • 5.6.1. Global GI Videoscopes market, 2015 – 2021 (USD Billion)
    • 5.7. Others
      • 5.7.1. Global Others market, 2015 – 2021 (USD Billion)
  • Chapter 6. Global Gastrointestinal Endoscopic Devices Market – Regional Segment Analysis
    • 6.1. Global Gastrointestinal Endoscopic Devices market: Regional overview
      • 6.1.1. Global Gastrointestinal Endoscopic Devices market revenue share, by region, 2015 and 2021
    • 6.2. North America
      • 6.2.1. North America Gastrointestinal Endoscopic Devices market revenue, by product segment, 2015 – 2021 , (USD Billion)
      • 6.2.2. U.S.
        • 6.2.2.1. U.S. Gastrointestinal Endoscopic Devices market revenue, by product segment, 2015 – 2021 (USD Billion)
    • 6.3. Europe
      • 6.3.1. Europe Gastrointestinal Endoscopic Devices market revenue, by product segment, 2015 – 2021 (USD Billion)
      • 6.3.2. Germany
        • 6.3.2.1. Germany Gastrointestinal Endoscopic Devices market revenue, by product segment, 2015 – 2021, (USD Billion)
      • 6.3.3. France
        • 6.3.3.1. France Gastrointestinal Endoscopic Devices market revenue, by product segment, 2015 – 2021, (USD Billion)
      • 6.3.4. UK
        • 6.3.4.1. UK Gastrointestinal Endoscopic Devices market revenue, by product segment, 2015 – 2021 (USD Billion)
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Gastrointestinal Endoscopic Devices market revenue, by product segment, 2015 – 2021 (USD Billion)
      • 6.4.2. China
        • 6.4.2.1. China Gastrointestinal Endoscopic Devices market revenue, by product segment, 2015 – 2021 (USD Billion)
      • 6.4.3. Japan
        • 6.4.3.1. Japan Gastrointestinal Endoscopic Devices market revenue, by product segment, 2015 – 2021 (USD Billion)
      • 6.4.4. India
        • 6.4.4.1. India Gastrointestinal Endoscopic Devices market revenue, by product segment, 2015 – 2021 (USD Billion)
    • 6.5. Latin America
      • 6.5.1. Latin America Gastrointestinal Endoscopic Devices market revenue, by product segment, 2015 – 2021 (USD Billion)
      • 6.5.2. Brazil
        • 6.5.2.1. Brazil Gastrointestinal Endoscopic Devices market revenue, by product segment, 2015 – 2021 (USD Billion)
    • 6.6. Middle East and Africa
      • 6.6.1. Middle East and Africa Gastrointestinal Endoscopic Devices market revenue, by product segment, 2015 – 2021 (USD Billion)
  • Chapter 7. Company Profile
    • 7.1. Covidien Ltd.
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Product portfolio
      • 7.1.4. Business strategy
      • 7.1.5. Recent developments
    • 7.2. Stryker Corporation
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Product portfolio
      • 7.2.4. Business strategy
      • 7.2.5. Recent developments
    • 7.3. Boston Scientific Corporation
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Product portfolio
      • 7.3.4. Business strategy
      • 7.3.5. Recent developments
    • 7.4. Johnson & Johnson Ltd.
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Product portfolio
      • 7.4.4. Business strategy
      • 7.4.5. Recent developments
    • 7.5. Fujinon Ltd.
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Product portfolio
      • 7.5.4. Business strategy
      • 7.5.5. Recent developments
    • 7.6. Conmed Corporation
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Product portfolio
      • 7.6.4. Business strategy
      • 7.6.5. Recent developments

List of Figures

1. Market research process
2. Market research methodology
3. Global Gastrointestinal Endoscopic Devices market revenue, 2015 – 2021  (USD Billion)
4. Porter’s five forces analysis
5. Gastrointestinal Endoscopic Devices: Market attractiveness analysis, by product segment
6. Gastrointestinal Endoscopic Devices: Market attractiveness analysis, by regional segment
7. Company market share analysis, 2014 and 2020
8. Global Gastrointestinal Endoscopic Devices market revenue share by product segment, 2014 and 2020


List of Tables

1. Gastrointestinal Endoscopic Devices market: Market snapshot
2. Drivers of global Gastrointestinal Endoscopic Devices market: Impact analysis
3. Restraints of global Gastrointestinal Endoscopic Devices market: Impact analysis
4. North America Gastrointestinal Endoscopic Devices market revenue, by product segment, 2015 – 2021 (USD Billion)
5. U.S Gastrointestinal Endoscopic Devices market revenue, by product segment, 2015 – 2021 (USD Billion)
6. Europe Gastrointestinal Endoscopic Devices market revenue, by product segment, 2015 – 2021 (USD Billion)
7. Germany Gastrointestinal Endoscopic Devices market revenue, by product segment, 2015 – 2021 (USD Billion)
8. France Gastrointestinal Endoscopic Devices market revenue, by product segment, 2015 – 2021 (USD Billion)
9. UK Gastrointestinal Endoscopic Devices market revenue, by product segment , 2015 – 2021 (USD Billion)
10. Asia Pacific Gastrointestinal Endoscopic Devices market revenue, by product segment 2015 – 2021 (USD Billion)
11. China Gastrointestinal Endoscopic Devices market revenue, by product segment, 2015 – 2021 (USD Billion)
12. Japan Gastrointestinal Endoscopic Devices market revenue, by product segment, 2015 – 2021 (USD Billion)
13. India Gastrointestinal Endoscopic Devices market revenue, by product segment, 2015 – 2021 (USD Billion)
14. Latin America Gastrointestinal Endoscopic Devices market revenue, by product segment – 2020 (USD Billion)
15. Brazil Gastrointestinal Endoscopic Devices market revenue, by product segment – 2020 (USD Billion)
16. Middle East and Africa Gastrointestinal Endoscopic Devices market revenue, by product segment – 2020 (USD Billion)
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