Colonoscopy Devices Market by Type (Visualization Systems, Colonoscope, and Other Instruments) and by End-User (Hospitals and Ambulatory Surgery Centers, Diagnostic Centers, Clinics, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Global colonoscopy devices market expected to generate around USD 2.41 billion by 2025, at a CAGR of around 5.1% between 2019 and 2025. Colonoscopy devices are used for detecting several diseases related to the colon. This device is disposable, thin, long, and flexible in the form of a controllable tube, which consists of a camera, light, and tools at the end.

25-Jun-2019 | Number of pages: 110 | Report Code: ZMR-4250 | Report Format : | Status : Published

Analysis

Colonoscopy devices are medical devices used for internal examination of various vital organs of the body, such as colon, large intestines, and rectum. It consists of a camera attached to a tube. The tube is used to traverse the length and examine the large intestines. It is very useful to detect colorectal cancer. It helps in detecting symptoms like abnormal growth, changes in bowel movements, and abdominal pain. It is often referred to as the gold standard in the prevention of colorectal cancer. There are many risks associated with the screening examination process, such as loss of lesions. Colonoscopy can be performed with endoscopic techniques and devices, which provide various advantages, such as reduction of pain, improved visualization, and prevention of looping in redundant colons.

The global colonoscopy devices market growth is due to the increasing number of intestinal disorders cases, such as rectal cancer, colon cancer, ulceration, polyps, and GI bleeding-related disorders. The mortality and morbidity rates are increasing due to the rise in these disorders, which has resulted in the increased demand for screening processes using colonoscopy devices. Additionally, governments are taking steps to increase awareness among people about the importance of minimally-invasive surgeries. However, various risks associated with the surgical processes and the lack of training provided to doctors to treat using these sophisticated instruments may limit the colonoscopy devices market growth globally.

Global Colonoscopy Devices Market

The colonoscopy devices market is divided into based on type and end-user. Based on type, the market is divided into visualization systems, colonoscope, and other instruments. A colonoscope is an instrument used to perform a colonoscopy, which is a diagnostic process. This thin, long, and flexible instrument is inserted into the anus to inspect the colon and rectum. It consists of a light source and a digital camera. The end-user segment of the market comprises hospitals and ambulatory surgery centers, diagnostic centers, clinics, and others.

North America is a significant contributor to the global colonoscopy devices market, mainly due to increased detection of diseases like colorectal cancer and bleeding-related disorders. Additionally, the regional population is becoming more aware of the disorders related to colon and opts for regular intensive checkups. The European colonoscopy devices market holds a large share of globally, owing to the increasing government funding for intensive medical procedures. Companies in Europe are coming up with next-generation and innovative solutions to perform the rather uncomfortable and painful colonoscopies. Substantial developments witnessed related to new types of multi-use and single-use devices has also resulted in the steady growth of the European market. The Asia Pacific region will register noticeable CAGR in the global colonoscopy devices market in the future, due to rapidly growing colonoscopy devices demand in India and China. There is increased use of colposcopies in these countries owing to better infrastructure, healthcare facilities, and hospitals.

Some key players operating in the global colonoscopy devices market are Endomed Systems, HOYA Group, Olympus, Boston Scientific, Karl Storz, Avantis Medical Systems, Fujifilm Holdings, and Getinge Group.


Related Reports

Infrared Thermometer Market by Product Type (In-ear, Forehand, and Others), and Application (Medical and Veterinary): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 - 2026

Aug-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5356 | Report Format:

The report covers forecast and analysis for the infrared thermometer market on a global and regional level. The study provides historic data from 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Million). The study includes drivers and restraints for the infrared thermome...Read More

Medical Oxygen Cylinder Market by Type (Portable and Fixed), and Application (Respiratory Department, Emergency Room, Household, Operating Room, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 - 2026

Aug-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5355 | Report Format:

The report covers forecast and analysis for the medical oxygen cylinder market on a global and regional level. The study provides historic data from 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Million). The study includes drivers and restraints for the medical oxygen...Read More

Artificial Disc Market – By Type (Lumbar Artificial Disc and Cervical Artificial Disc), By Material (Metal-On-Biopolymer and Metal-On-Metal), And By Region: Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2025

Feb-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5311 | Report Format:

This report analyzes and estimates the artificial disc market at global, regional, and country level. The research study provides historic data from 2015 to 2019 along with the forecast from 2020 to 2025 based on revenue (USD Billion). The report offers detailed insights of the artificial disc mar...Read More

Medical Equipment Financing Market – By Type (Refurbished Equipment, New Medical Equipment, and Rental Equipment), By Equipment (Patient Monitoring Equipment, Diagnostic Equipment, Laboratory Equipment, Therapeutic Equipment, and Medical Furniture), By End-Use [Hospitals, Laboratories & Diagnostic Centers, Clinics, Ambulatory Surgical Centers (ASCs), and Others], and By Region: Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2025

Feb-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5285 | Report Format:

This report analyzes and estimates the medical equipment financing market at global, regional, and country level. The research study provides historic data from 2015 to 2019 along with the forecast from 2020 to 2025 based on revenue (USD Billion). The report offers detailed insights of the medical...Read More

Request Free Brochure

COVID-19

A Global Pandemic

Request the coronavirus impact analysis across industries and market

Request impact analysis on this market
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.