Colonoscopy Device Market Report: Trends, Forecast and Competitive Analysis to 2030

Colonoscopy Device Trends and Forecast

The future of the global colonoscopy device market looks promising with opportunities in the hospital and ambulatory surgery center markets. The global colonoscopy device market is expected to reach an estimated $2.0 billion by 2030 with a CAGR of 5.1% from 2024 to 2030. The major drivers for this market are growing prevalence of colorectal cancer and increasing demand for minimally invasive procedures.

A more than 150-page report is developed to help in your business decisions.

Colonoscopy Device by Segment

The study includes a forecast for the global colonoscopy device by product type, application, end use, and region.

Colonoscopy Device Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Colonoscope
• Visualization Systems
• Others

Colonoscopy Device Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Colorectal Cancer
• Lynch Syndrome
• Ulcerative Colitis
• Crohn's Disease
• Others

Colonoscopy Device Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Hospitals
• Ambulatory Surgery Centers
• Others

Colonoscopy Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Colonoscopy Device Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies colonoscopy device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the colonoscopy device companies profiled in this report include-

• Endomed Systems
• FUJIFILM
• GI-View
• HOYA
• KARL STORZ

Colonoscopy Device Market Insights

Lucintel forecasts that colonoscope will remain the larger segment over the forecast period.

Within this market, hospital will remain the larger segment over the forecast period.

North America will remain the largest region over the forecast period.

Features of the Global Colonoscopy Device Market

Market Size Estimates: Colonoscopy device market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Colonoscopy device market size by product type, application, end use, and region in terms of value ($B).

Regional Analysis: Colonoscopy device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product types, applications, end uses, and regions for the colonoscopy device market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the colonoscopy device market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the colonoscopy device market size?

Answer: The global colonoscopy device market is expected to reach an estimated $2.0 billion by 2030.

Q2. What is the growth forecast for colonoscopy device market?

Answer: The global colonoscopy device market is expected to grow with a CAGR of 5.1% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the colonoscopy device market?

Answer: The major drivers for this market are growing prevalence of colorectal cancer and increasing demand for minimally invasive procedures.

Q4. What are the major segments for colonoscopy device market?

Answer: The future of the colonoscopy device market looks promising with opportunities in the hospital and ambulatory surgery center markets.

Q5. Who are the key colonoscopy device market companies?

Answer: Some of the key colonoscopy device companies are as follows:

• Endomed Systems
• FUJIFILM
• GI-View
• HOYA
• KARL STORZ

Q6. Which colonoscopy device market segment will be the largest in future?

Answer: Lucintel forecasts that colonoscope will remain the larger segment over the forecast period.

Q7. In colonoscopy device market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the colonoscopy device market by product type (colonoscope, visualization systems, and others), application (colorectal cancer, lynch syndrome, ulcerative colitis, crohn's disease, and others), end use (hospitals, ambulatory surgery centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?