Canada Endoscopy Procedure Market Forecast to 2028 - COVID-19 Impact and Country Analysis By Clinical Indication (Obstructive Jaundice, Gallstones, Suspicion of Injury to Bile Duct, Biliary Stenosis and Biliary Duct Tumors, Sphincter of Oddi Dysfunction, Others); Procedures (Endoscopic Retrograde Cholangiopancreatography(ERCP), Endoscopic Submucosal Dissection(ESD), Peroral Endoscopic Myotomy(POEM), Endoscopic Ultrasound (EUS), Interventional Pulmonology and Laparoscopy, Arthroscopy and Bronchoscopy, Colonoscopy and Colposcopy, Proctoscopy and Thoracoscopy, Others); Offering (Endoscopes, ERCP Accessories, Head positioner and Endotherapy Injection Needles, Sampling Device and Device Clip and Electrosurgical Knife, Endoscopic Ultrasound (EUS) Guided Devices, Guidewire, Forceps, Snare, Irrigation/Insufflation tubing systems, Probes, Hemostasis Clip, Polyp Traps, Single-Use Valves , Trocar sleeves and Tissue Scissors and Cutters, Others (Kits/Stents/Energy Devices/ Transport pad/Cleaning Brush/OT Lights etc.)); Product Type (Disposable, Reusable); End User (Hospitals and Clinics, Ambulatory Surgical Centers, Diagnostic Laboratories, Others)
Report Code: TIPRE00029856 | No. of Pages: 150 | Category: Medical Device | Status: Upcoming
MARKET OVERVIEW
Endoscopy is a minimally invasive procedure used to examine a person's digestive tract through the mouth, anus, or in small incisions. The procedure uses an endoscope, a flexible tube with a light and camera attached. Most endoscopes are thin tubes with powerful light and a tiny camera at the end. Endoscopy helps in diagnosing the body parts such as the esophagus, stomach, colon, ears, nose, throat, heart, urinary tract, and abdomen.
MARKET SCOPE
The "Canada Endoscopy Procedure Market Analysis to 2028" is a specialized and in-depth examination of the healthcare industry, with a particular emphasis on regional market trend analysis. The purpose of this report is to provide an overview of the Canada endoscopy procedure market, as well as detailed market segmentation based on clinical indication, procedures, offering, product type, and end user. Additionally, the report offers key statistics on the market status of the leading Canada endoscopy procedure market players, as well as key market trends and opportunities.
MARKET SEGMENTATION
- Based on clinical indication, the market is segmented into obstructive jaundice, gallstones, suspicion of injury to bile duct, biliary stenosis and biliary duct tumors, sphincter of Oddi dysfunction, and others.
- Based on procedures, the market is segmented into endoscopic retrograde cholangiopancreatography (ERCP), endoscopic submucosal dissection (ESD), peroral endoscopic myotomy (POEM), endoscopic ultrasound (EUS), interventional pulmonology and laparoscopy, arthroscopy and bronchoscopy, colonoscopy and colposcopy, proctoscopy and thoracoscopy, and others.
- Based on offering, the market is segmented into endoscopes, ERCP accessories, head positioner and endotherapy injection needles, sampling device and device clip and electrosurgical knife, endoscopic ultrasound (EUS) guided devices, guidewire, forceps, snare, irrigation/insufflation tubing systems, probes, hemostasis clip, polyp traps, single-use valves, trocar sleeves and tissue scissors and cutters, and others (kits/stents/energy devices/ transport pad/cleaning brush/OT lights etc.)
- Based on product type, the market is bifurcated into disposable and reusable.
- Based on end user, the market is segmented into hospitals and clinics, ambulatory surgical centers, diagnostic laboratories, and others.
MARKET DYNAMICS
Drivers
- Growing prevalence of chronic diseases in Canda is boosting the market growth.
- Increasing demand for minimally invasive procedures will fuel the market growth.
Restraint
- High cost of endoscopy procedures hinders the growth of overall market.
The report offers a comprehensive overview of the industry, including both qualitative and quantitative data. It provides a regional market overview and forecast based on various segments. It also provides market size and forecast estimates for Canada, from 2022 to 2028. The report analyses and forecasts 7 countries, as well as the current trend and opportunities in the region.
The report analyses market factors affecting both the demand and supply sides and market dynamics affecting the market during the forecast period, such as drivers, restraints, opportunities, and future trends. The report also includes a comprehensive PEST analysis for Canada after assessing the political, economic, social, and technological factors influencing the Canada endoscopy procedure market in the region.
Impact of COVID-19 on Canada Endoscopy Procedure Market
Canada has strengthened its health systems and upgraded public and commercial healthcare. However, the limited availability of resources, longer wait times for surgery during the COVID-19 period; and the burden of noncommunicable diseases harmed the overall healthcare system in the country. A new study from the Canadian Institute for Health Information (CIHI) looks at trends in wait times over the first 18 months of the pandemic (April 2020 to September 2021). Several records reported that wait times improved over the period. Still, elective surgeries were delayed several times, resulting in longer wait times as health systems prioritized urgent procedures during the second and third waves of the pandemic. Such factors were responsible for accelerating demand for the Canada endoscopy procedure market during the forecast period of 2022-2028.
The report covers key developments in the Canada endoscopy procedure market with focus on two main strategies such as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies that includes new product launches, product approvals by the authorized bodies, and others such as patents and events. Inorganic growth strategies activities normally includes strategic acquisitions, and partnership & collaborations between the companies. These activities have paved way for the expansion of business and customer base of market players. The market payers from Canada endoscopy procedure market are anticipated to lucrative growth opportunities in the future with the rising demand for minimally invasive diagnostic and treatment procedures in Canada.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Canada endoscopy procedure market. Also, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, and the key development in the past five years.
- Steris Corporation
- CONMED Corporation
- Olympus Corporation
- Boston Scientific Corporation
- Fujifilm Corporation
- Erbe Elektromedizin Gmbh
- Micro-tech (Nanjing) Co., Ltd
- Merit Medical
- Cook Medical
- Stryker Corporation
- Johnson & Johnson Inc
The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
The List of Companies - Canada Endoscopy Procedure Market
- Steris Corporation
- CONMED Corporation
- Olympus Corporation
- Boston Scientific Corporation
- Fujifilm Corporation
- Erbe Elektromedizin Gmbh
- Micro-tech (Nanjing) Co., Ltd
- Merit Medical
- Cook Medical
- Stryker Corporation
- Johnson & Johnson Inc
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