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Asia Pacific Colonoscopes Market

2021

Medical Device Asia Pacific Colonoscopes Market Fo...

Asia Pacific Colonoscopes Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Fiber Optic Colonoscopy Devices and Video Colonoscopy Devices), Application (Colorectal Cancer, Lynch Syndrome, Ulcerative Colitis, Crohn's Disease, and Polyp), and End User (Hospitals, Ambulatory Surgery Center, and Others)

Publication Month: Nov 2021 | Report Code: TIPRE00025871 | No. of Pages: 136 | Category: Medical Device | Status: Published

Market Insights

Asia Pacific Colonoscopes Market to Grow at a CAGR of 5.3% to reach US$ 476.67 million Million from 2021 to 2028

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The Asia Pacific colonoscopes market is expected to reach US$ 476.67 million by 2028 from US$ 331.09 million in 2021, it is estimated to grow at a CAGR of 5.3% from 2021 to 2028.


A few factors such as the increasing adoption of disposable colonoscopes, growing research activities to extend its applications in therapeutic areas, and development of robotic colonoscopes are driving the growth of the market. However, the availability of alternative diagnostic tests for rectal diseases hampers the market growth.

Early detection of colorectal cancer (CRC) in gastroenterology through national screening can cure a patient. However, there is still a significant variation in lesion detection via colonoscopy. The adenoma detection rate (ADR) is the gold standard for evaluating the quality of the endoscopist in screening for CRC. Improved ADR is driven by imaging technology, withdrawal technique, endoscopist knowledge, and motivation, as well as environmental and social factors. In endoscopy, AI broadly relates to computer vision technology, which allows computers to 'see' and interpret visual content. Through machine learning processes, and more recently, deep learning, AI systems can be trained to recognize 'normal' characteristics by linking a gold standard to suitable images. Using computer vision for lesion detection will be the first application of AI in gastroenterology. It will help to improve the quality of endoscopy practice in finding and recognizing polyps on colonoscopy. AI in colonoscopy is a new field with a new curriculum, but it can improve the quality of endoscopy and patient care. AI in endoscopy provides effective lesion detection and a valuable learning platform for the endoscopist. Hence the increasing adoption of AI in colonoscopy will change the management of performance and quality improvement in colonoscopy, with the potential to improve several key performance measures in future. Also, the rising adoption of disposable colonoscopes to avoid colonoscopy-related infections and complications propels the growth of the colonoscopes market

The interruptions in the supply chain and the massive demand for efficient treatments for COVID-19 have put the health research industry in Asia Pacific in a crucial position. The COVID-19 pandemic has largely affected the economies in the region. Medical device manufacturers and suppliers are shifting their focus on developing and supplying COVID-19 essentials and medical devices for respiratory diseases. This scenario harms the market. The COVID-19 pandemic has also disrupted the spectrum of cancer care, including delaying diagnoses and treatment and halting clinical trials. In response, healthcare systems are rapidly reorganizing cancer services to ensure that patients continue to receive essential care while minimizing exposure to SARS-CoV-2 infection. Colon cancer (CRC) is one of the most common malignancies in Asia Pacific, and many countries in this region have introduced CRC screening for the population. Screening organizers coordinate with health authorities to work out how to manage screening residues, prioritize screening, and use modern technology to overcome potential barriers. Many new approaches such as the risk-stratified approach that considers personal CRC risk and local epidemic status and new digital technologies, are expected to play an important role in CRC screening in the future. During the pandemic, some facilities have also used at-home methods for CRC screening, such as fecal immunochemical testing (FIT) and multitarget stool DNA (mt-sDNA) tests, to help fill the gaps in screening. Hence, such factors would have a limited positive influence on the market growth in the coming years.

colonoscopes market

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ASIA PACIFIC COLONOSCOPES MARKET SEGMENTATION

By Product Type

  • Fiber Optic Colonoscopy Devices
  • Video Colonoscopy Devices

By Application

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

By End User

  • Hospitals
  • Ambulatory Surgery Center
  • Other End Users

By Country

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

Company Profiles

  • Fujifilm Corporation
  • Olympus Corporation
  • KARL STORZ SE & Co. KG
  • PENTAX Medical
  • Boston Scientific Corporation
  • Ambu A/S
  • SonoScape Medical Corp.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Asia Pacific Colonoscopes Market – By Product Type

1.3.2 Asia Pacific Colonoscopes Market – By Application

1.3.3 Asia Pacific Colonoscopes Market – By End-User

1.3.4 Asia Pacific Colonoscopes Market – By Country

2. Asia Pacific Colonoscopes Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Colonoscopes Market – Market Landscape

4.1 Overview

4.2 PEST Analysis

4.2.1 Asia Pacific – PEST Analysis

4.3 Experts Opinion

5. Colonoscopes Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Prevalence of Colorectal Cancer

5.1.2 Technological Advancements in Colonoscopy Devices

5.2 Key Restraints

5.2.1 Availability of Alternative Diagnostic Tests for Rectal Diseases

5.3 Opportunities

5.3.1 Growing Awareness about Colon Cancer

5.4 Trends

5.4.1 Disposable Colonoscopes

5.4.2 Artificial Intelligence in Colonoscopy

5.5 Impact Analysis

6. Colonoscopes Market –Asia Pacific Analysis

6.1 Asia Pacific Colonoscopes Market Revenue Forecast and Analysis

7. Colonoscopes Market Analysis– By Product Type

7.1 Overview

7.2 Colonoscopes Market share, by Product Type (2021 and 2028)

7.3 Fiber Optic Colonoscopy Devices

7.3.1 Overview

7.3.2 Fiber Optic Colonoscopy Devices Revenue and Forecasts To 2028 (US$ Mn)

7.4 Video Colonoscopy Devices

7.4.1 Overview

7.4.2 Video Colonoscopy Devices Revenue and Forecasts To 2028 (US$ Mn)

8. Colonoscopes Market Analysis– by Application

8.1 Overview

8.2 Colonoscopes Market share, by Application (2021 and 2028)

8.3 Colorectal Cancer

8.3.1 Overview

8.3.2 Colorectal Cancer Market Revenue and Forecasts To 2028 (US$ Mn)

8.4 Lynch Syndrome

8.4.1 Overview

8.4.2 Lynch Syndrome Market Revenue and Forecasts To 2028 (US$ Mn)

8.5 Ulcerative Colitis

8.5.1 Overview

8.5.2 Ulcerative Colitis Market Revenue and Forecasts To 2028 (US$ Mn)

8.6 Crohn's Disease

8.6.1 Overview

8.6.2 Crohn's Disease Market Revenue and Forecasts To 2028 (US$ Mn)

8.7 Polyp

8.7.1 Overview

8.7.2 Polyp Market Revenue and Forecasts To 2028 (US$ Mn)

9. Colonoscopes Market Analysis– by End-User

9.1 Overview

9.2 Colonoscopes Market share, by End user (2021 and 2028)

9.3 Hospitals

9.3.1 Overview

9.3.2 Hospitals Market Revenue and Forecasts To 2028 (US$ Mn)

9.4 Ambulatory Surgery Center

9.4.1 Overview

9.4.2 Ambulatory Surgery Center Market Revenue and Forecasts To 2028 (US$ Mn)

9.5 Others

9.5.1 Overview

9.5.2 Others Market Revenue and Forecasts To 2028 (US$ Mn)

10. Colonoscopes Market –Asia Pacific Analysis

10.1 Asia Pacific: Colonoscopes Market

10.1.1 Overview

10.1.2 Asia Pacific: Colonoscopes Market, by Country, 2021 & 2028 (%)

10.1.2.1 China: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.1.1 China: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.1.2 China: Colonoscopes Market, By Product type, 2019–2028 (USD Million)

10.1.2.1.3 China: Colonoscopes Market, by Application – 2019–2028 (USD Million)

10.1.2.1.4 China: Colonoscopes Market, by End User, 2019–2028 (USD Million)

10.1.2.2 Japan: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.2.1 Japan: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.2.2 Japan: Colonoscopes Market, By Product type, 2019–2028 (USD Million)

10.1.2.2.3 Japan: Colonoscopes Market, by Application – 2019–2028 (USD Million)

10.1.2.2.4 Japan: Colonoscopes Market, by End User, 2019–2028 (USD Million)

10.1.2.3 India: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.3.1 India: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.3.2 India: Colonoscopes Market, By Product type, 2019–2028 (USD Million)

10.1.2.3.3 India: Colonoscopes Market, by Application – 2019–2028 (USD Million)

10.1.2.3.4 India: Colonoscopes Market, by End User, 2019–2028 (USD Million)

10.1.2.4 Australia: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.4.1 Australia: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.4.2 Australia: Colonoscopes Market, By Product type, 2019–2028 (USD Million)

10.1.2.4.3 Australia: Colonoscopes Market, by Application – 2019–2028 (USD Million)

10.1.2.4.4 Australia: Colonoscopes Market, by End User, 2019–2028 (USD Million)

10.1.2.5 South Korea: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.5.1 South Korea: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.5.2 South Korea: Colonoscopes Market, By Product type, 2019–2028 (USD Million)

10.1.2.5.3 South Korea: Colonoscopes Market, by Application – 2019–2028 (USD Million)

10.1.2.5.4 South Korea: Colonoscopes Market, by End User, 2019–2028 (USD Million)

10.1.2.6 Rest of Asia Pacific: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.6.1 Rest of Asia Pacific: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.6.2 Rest of Asia Pacific: Colonoscopes Market, By Product type, 2019–2028 (USD Million)

10.1.2.6.3 Rest of Asia Pacific: Colonoscopes Market, by Application – 2019–2028 (USD Million)

10.1.2.6.4 Rest of Asia Pacific: Colonoscopes Market, by End User, 2019–2028 (USD Million)

11. Impact Of COVID-19 Pandemic on Asia Pacific Colonoscopes Market

11.1 Asia Pacific: Impact Assessment of COVID-19 Pandemic

12. Colonoscopes Market–Industry Landscape

12.1 Overview

12.2 Organic Developments

12.2.1 Overview

12.3 Inorganic Developments

12.3.1 Overview

13. Company Profiles

13.1 Fujifilm Corporation

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Olympus Corporation

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 KARL STORZ SE & Co. KG

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 PENTAX Medical

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Boston Scientific Corporation

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Ambu A/S

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 SonoScape Medical Corp.

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

14. Appendix

14.1 About the Insight Partners

14.2 Glossary of Terms


LIST OF TABLES

Table 1. China: Colonoscopes Market, By Product type – Revenue and Forecast to 2028 (USD Million)

Table 2. China Colonoscopes Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 3. China: Colonoscopes Market, by End User– Revenue and Forecast to 2028 (USD Million)

Table 4. Japan: Colonoscopes Market, By Product type– Revenue and Forecast to 2028 (USD Million)

Table 5. Japan Colonoscopes Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 6. Japan: Colonoscopes Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 7. India: Colonoscopes Market, By Product type– Revenue and Forecast to 2028 (USD Million)

Table 8. India Colonoscopes Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 9. India: Colonoscopes Market, by End User– Revenue and Forecast to 2028 (USD Million)

Table 10. Australia: Colonoscopes Market, By Product type – Revenue and Forecast to 2028 (USD Million)

Table 11. Australia Colonoscopes Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 12. Australia: Colonoscopes Market, by End User– Revenue and Forecast to 2028 (USD Million)

Table 13. South Korea: Colonoscopes Market, By Product type – Revenue and Forecast to 2028 (USD Million)

Table 14. South Korea Colonoscopes Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 15. South Korea: Colonoscopes Market, by End User– Revenue and Forecast to 2028 (USD Million)

Table 16. Rest of Asia Pacific: Colonoscopes Market, By Product type – Revenue and Forecast to 2028 (USD Million)

Table 17. Rest of Asia Pacific Colonoscopes Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 18. Rest of Asia Pacific: Colonoscopes Market, by End User– Revenue and Forecast to 2028 (USD Million)

Table 19. Organic Developments in the Colonoscopes Market

Table 20. Inorganic Developments in the Colonoscopes Market

Table 21. Glossary of Terms, Colonoscopes Market


LIST OF FIGURES

Figure 1. Colonoscopes Market Segmentation

Figure 2. Colonoscopes Market Segmentation, By Country

Figure 3. Asia Pacific Colonoscopes Market Overview

Figure 4. Fiber Optic Colonoscopy Devices Segment Held the Largest Share of the Product Type Segment in Colonoscopes Market

Figure 5. Asia Pacific Colonoscopes Market – Leading Country Markets (US$ Million)

Figure 6. Asia Pacific PEST Analysis

Figure 7. Colonoscopes Market Impact Analysis of Driver And Restraints

Figure 8. Asia Pacific Colonoscopes Market – Revenue Forecast and Analysis – 2020- 2028

Figure 9. Colonoscopes Market share, by Product Type (2021 and 2028)

Figure 10. Fiber Optic Colonoscopy Devices Revenue and Forecasts To 2028 (US$ Mn)

Figure 11. Video Colonoscopy Devices Revenue and Forecasts To 2028 (US$ Mn)

Figure 12. Colonoscopes Market, by Application (2021 and 2028)

Figure 13. Colorectal Cancer Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 14. Lynch Syndrome Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 15. Ulcerative Colitis Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 16. Crohn's Disease Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 17. Polyp Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 18. Colonoscopes Market, by End user (2021 and 2028)

Figure 19. Hospitals Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 20. Ambulatory Surgery Center Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 21. Others Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 22. Asia Pacific: Colonoscopes Market, by Key Country – Revenue (2021) (USD Million)

Figure 23. Asia Pacific: Colonoscopes Market, by Country, 2021 & 2028 (%)

Figure 24. China: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

Figure 25. Japan: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

Figure 26. India: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

Figure 27. Australia: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

Figure 28. South Korea: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

Figure 29. Rest of Asia Pacific: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

Figure 30. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

  1. Fujifilm Corporation
  2. Olympus Corporation
  3. KARL STORZ SE & Co. KG
  4. PENTAX Medical
  5. Boston Scientific Corporation
  6. Ambu A/S
  7. SonoScape Medical Corp.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific colonoscopes market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific colonoscopes market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution. 
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