PUBLISHER: IMARC | PRODUCT CODE: 1422822
PUBLISHER: IMARC | PRODUCT CODE: 1422822
Colonoscopy Devices Market Report by Product Type, Application, End User, and Region 2024-2032
Abstract
The global colonoscopy devices market size reached US$ 1.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.5 Billion by 2032, exhibiting a growth rate (CAGR) of 4.64% during 2024-2032. The technological advancements in devices, increased awareness and emphasis on preventive healthcare, governmental colorectal cancer screening initiatives, development of cost-effective devices, rising healthcare expenditure, burgeoning per capita income, and expanding healthcare insurance coverage are some of the factors stimulating the market growth.
Colonoscopy Devices Market Trends:
Rising prevalence of colorectal cancer
Colorectal cancer, a significant public health concern, has been witnessing a steady increase in incidence worldwide. This uptick is attributed to factors such as aging populations, lifestyle changes, and genetic predispositions. As a result, there is a heightened need for early detection and screening, making colonoscopy procedures essential. Colonoscopy, being the most effective method for colorectal cancer screening, plays a crucial role in early diagnosis, directly impacting patient outcomes. The surge in colorectal cancer cases globally is a primary driver for the demand for colonoscopy devices, as healthcare systems emphasize preventive care and early intervention to reduce cancer-related morbidity and mortality.
Technological advancements in colonoscopy devices
The field of colonoscopy devices has seen significant technological advancements, substantially improving diagnostic accuracy and patient comfort. Modern devices feature high-definition imaging and enhanced optical systems, offering clearer and more detailed visualizations of the colon, which is pivotal for detecting abnormalities like polyps. Innovations such as capsule colonoscopy and virtual colonoscopy utilize advanced imaging techniques, providing non-invasive alternatives to traditional methods. Furthermore, developments in sedation techniques and pain management have made the procedure more comfortable for patients, leading to increased acceptance and compliance with screening recommendations.
Escalating aging population
An aging population is a significant driver of the colonoscopy devices market. Older individuals are at a higher risk of developing gastrointestinal diseases, including colorectal cancer. As the global population ages, particularly in developed countries, there is an increasing demand for colonoscopy procedures. This demographic shift is due to longer life expectancies and the aging of large population cohorts, such as the baby boomer generation. With age being a critical risk factor for colorectal cancer, regular screenings via colonoscopy become vital for early detection and treatment. Consequently, the growing number of elderly individuals globally necessitates a corresponding increase in colonoscopy services and devices, making it a key factor in the market's expansion.
Growing awareness and emphasis on preventive healthcare
In recent years, there has been a significant shift towards preventive healthcare, with increased public awareness and education about the importance of early detection of diseases. This shift is particularly evident in the context of colorectal cancer, where regular screenings can significantly reduce mortality rates. Public health campaigns, educational initiatives by healthcare providers, and government programs have played a pivotal role in raising awareness about the benefits of regular colonoscopy screenings. This heightened awareness has led to an increase in the number of individuals undergoing preventive colonoscopies, thereby driving the demand for colonoscopy devices. The emphasis on preventive healthcare not only helps in the early detection of colorectal conditions but also aids in reducing healthcare costs in the long run by avoiding the need for extensive treatments for advanced diseases.
Colonoscopy Devices Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on product type, application, and end user.
Breakup by Product Type:
Colonoscope
Visualization Systems
Others
Colonoscope accounts for the majority of the market share
The report has provided a detailed breakup and analysis of the market based on the product type. This includes colonoscope, visualization systems, and others. According to the report, colonoscope represented the largest segment.
Breakup by Application:
Colorectal Cancer
Lynch Syndrome
Ulcerative Colitis
Crohn's Disease
Others
Colorectal cancer accounts for the majority of the market share
The report has provided a detailed breakup and analysis of the market based on the application. This includes colorectal cancer, lynch syndrome, ulcerative colitis, Crohn's disease, and others. According to the report, colorectal cancer represented the largest segment.
Breakup by End User:
Hospitals
Ambulatory Surgery Center
Others
Hospitals accounts for the majority of the market share
The report has provided a detailed breakup and analysis of the market based on the end user. This includes hospitals, ambulatory surgery center, and others. According to the report, hospitals represented the largest segment.
Breakup by Region:
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
North America leads the market, accounting for the largest colonoscopy devices market share
North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.
The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:
Endomed Systems GmbH
FUJIFILM Holdings Corporation
GI-View Ltd.
HOYA Corporation
KARL STORZ SE & Co. KG
Medtronic plc
Olympus Corporation
STERIS Corporation
Key Questions Answered in This Report
- 1. How big is the global colonoscopy devices market?
- 2. What is the expected growth rate of the global colonoscopy devices market during 2024-2032?
- 3. What are the key factors driving the global colonoscopy devices market?
- 4. What has been the impact of COVID-19 on the global colonoscopy devices market?
- 5. What is the breakup of the global colonoscopy devices market based on the product type?
- 6. What is the breakup of the global colonoscopy devices market based on the application?
- 7. What is the breakup of the global colonoscopy devices market based on the end user?
- 8. What are the key regions in the global colonoscopy devices market?
- 9. Who are the key players/companies in the global colonoscopy devices market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Colonoscopy Devices Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Colonoscope
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Visualization Systems
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Others
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Application
- 7.1 Colorectal Cancer
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Lynch Syndrome
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Ulcerative Colitis
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Crohn's Disease
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by End User
- 8.1 Hospitals
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Ambulatory Surgery Center
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Others
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 Drivers, Restraints, and Opportunities
- 10.1 Overview
- 10.2 Drivers
- 10.3 Restraints
- 10.4 Opportunities
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Endomed Systems GmbH
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 FUJIFILM Holdings Corporation
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 GI-View Ltd.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 HOYA Corporation
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 KARL STORZ SE & Co. KG
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 SWOT Analysis
- 14.3.6 Medtronic plc
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Olympus Corporation
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 STERIS Corporation
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.1 Endomed Systems GmbH
List of Figures
- Figure 1: Global: Colonoscopy Devices Market: Major Drivers and Challenges
- Figure 2: Global: Colonoscopy Devices Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Colonoscopy Devices Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Colonoscopy Devices Market: Breakup by Product Type (in %), 2023
- Figure 5: Global: Colonoscopy Devices Market: Breakup by Application (in %), 2023
- Figure 6: Global: Colonoscopy Devices Market: Breakup by End User (in %), 2023
- Figure 7: Global: Colonoscopy Devices Market: Breakup by Region (in %), 2023
- Figure 8: Global: Colonoscopy Devices (Colonoscope) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Colonoscopy Devices (Colonoscope) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Colonoscopy Devices (Visualization Systems) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Colonoscopy Devices (Visualization Systems) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Colonoscopy Devices (Other Product Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Colonoscopy Devices (Other Product Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Colonoscopy Devices (Colorectal Cancer) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Colonoscopy Devices (Colorectal Cancer) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Colonoscopy Devices (Lynch Syndrome) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Colonoscopy Devices (Lynch Syndrome) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Colonoscopy Devices (Ulcerative Colitis) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Colonoscopy Devices (Ulcerative Colitis) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Colonoscopy Devices (Crohn's Disease) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Colonoscopy Devices (Crohn's Disease) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Colonoscopy Devices (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Colonoscopy Devices (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Colonoscopy Devices (Hospitals) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Colonoscopy Devices (Hospitals) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: Colonoscopy Devices (Ambulatory Surgery Center) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: Colonoscopy Devices (Ambulatory Surgery Center) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Global: Colonoscopy Devices (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Global: Colonoscopy Devices (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: North America: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: North America: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: United States: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: United States: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: Canada: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: Canada: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: Asia-Pacific: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: Asia-Pacific: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: China: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: China: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: Japan: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: Japan: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: India: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: India: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: South Korea: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: South Korea: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: Australia: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: Australia: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Indonesia: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Indonesia: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Others: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Others: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: Europe: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: Europe: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: Germany: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: Germany: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: France: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: France: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: United Kingdom: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: United Kingdom: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: Italy: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: Italy: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Spain: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Spain: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Russia: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Russia: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Others: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Others: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Latin America: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Latin America: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Brazil: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Brazil: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Mexico: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Mexico: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: Others: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: Others: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 76: Middle East and Africa: Colonoscopy Devices Market: Sales Value (in Million US$), 2018 & 2023
- Figure 77: Middle East and Africa: Colonoscopy Devices Market: Breakup by Country (in %), 2023
- Figure 78: Middle East and Africa: Colonoscopy Devices Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Global: Colonoscopy Devices Industry: Drivers, Restraints, and Opportunities
- Figure 80: Global: Colonoscopy Devices Industry: Value Chain Analysis
- Figure 81: Global: Colonoscopy Devices Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Colonoscopy Devices Market: Key Industry Highlights, 2023 & 2032
- Table 2: Global: Colonoscopy Devices Market Forecast: Breakup by Product Type (in Million US$), 2024-2032
- Table 3: Global: Colonoscopy Devices Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 4: Global: Colonoscopy Devices Market Forecast: Breakup by End User (in Million US$), 2024-2032
- Table 5: Global: Colonoscopy Devices Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: Colonoscopy Devices Market: Competitive Structure
- Table 7: Global: Colonoscopy Devices Market: Key Players
