1. Flexible Endoscopes Market Future Challenges and Industry Growth Outlook 2028
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2. Global Market Scenario of Flexible Endoscopes Market
Global Market Insights recently introduced report on global Flexible Endoscopes Market report is an in-depth study providing complete analysis of the industry for the period 2022 to It provides complete overview of the industry considering all the major industry trends, market dynamics and competitive scenario.
Flexible endoscopy offers several advantages over rigid endoscopy, which makes it preferable. It allows access to more of the colon, provides greater comfort to the patient, and gives the endoscopist a better vision. Increasing number of patients opting for minimally invasive procedures has propelled industry uptake recently.
Browse key industry insights spread across 218 pages with 311 market data tables & 17 figures & charts from the report, “Flexible Endoscopes Market Size By Product (Fiberscope, Video Endoscope), By Application (GI Endoscopy, Pulmonary Endoscopy, ENT Endoscopy, Obstetrics/Gynecology, Urology), By End-use (Hospitals, Ambulatory Surgical Centers), Regional Outlook, Application Development Potential, Competitive Market Share & Forecast, 2022 – 2028” in detail along with the table of contents:
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Notably, industry players have been implementing strategic initiatives to strengthen their foothold in evolving marketplaces, which has positively impacted the overall business dynamics. For instance, in January 2021, Olympus Corporation, a leading provider of innovative medical systems, announced the acquisition of Quest Photonic Devices B.V., a Netherlands-based medical imaging technologies provider. The deal enabled Olympus to expand its surgical endoscopy portfolio by leveraging Quest's fluorescence imaging systems.
The flexible endoscopes market has been segmented on the basis of end-use, product, application, and region. In terms of product, the market has further been segregated into video endoscope and fiberscope. In 2021, the fiberscope sub-segment held a valuation of nearly USD 3,593 million and is slated to develop at a growth rate of around 6.5% over the projected timeline. Extensive application of fiberscope in endoscopy procedures for diagnostics and therapeutics is likely to accelerate product demand in the coming time period.
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4. 360° Industry Analysis
From the application perspective, the flexible endoscopes market has been divided into urology, GI endoscopy, obstetrics/gynecology, pulmonary endoscopy, ENT endoscopy, and others. The obstetrics/ gynecology sub-segment was valued at more than USD 358 million in 2021 and is speculated to expand at approximately 6.3% growth rate through the analysis period. This growth is attributed to rising incidences of gynecological disorders among women and increasing cases of gynecological cancer.
With respect to end-use, the market has been categorized into ambulatory surgical centers, hospitals, and others. The flexible endoscopes market share from the hospitals sub-segment surpassed a valuation of USD 3,212 million in 2021 and is expected to exhibit significant expansion over Easy availability of board-certified skilled doctors, high success rate, and faster & more efficient work are estimated to fuel segmental growth over the forthcoming years.
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5. Boston Scientific Corporation Fujifilm Corporation
Competitive Analysis:
Olympus Corporation
Boston Scientific Corporation
Fujifilm Corporation
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