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Europe Colonoscopes Market

2021

Medical Device Europe Colonoscopes Market Forecast...

Europe 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: TIPRE00025868 | No. of Pages: 143 | Category: Medical Device | Status: Published

Market Insights

Europe Colonoscopes Market to Grow at a CAGR of 4.2% to reach US$ 559.16 million Million from 2021 to 2028

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The Europe colonoscopes market is expected to reach US$ 559.16 million by 2028 from US$ 419.41 million in 2021; it is estimated to grow at a CAGR of 4.2% from 2021 to 2028.
A few factors such as the increasing prevalence of colorectal cancer, growing research activities to extend its applications in therapeutic areas, technological advancements in colonoscopy devices, and development of robotic colonoscopes are driving the growth of the colonoscope market. However, the availability of alternative diagnostic tests for rectal diseases hampers the market growth.

The success rate of diagnosing colorectal conditions, including cancer, has increased with advancements in technologies. Flexible endoscopy is an effective method enabling the early diagnosis and treatment of gastrointestinal cancer, making it a popular choice for screening. However, a large population that benefits from endoscopic colorectal cancer screening feels skeptical about undergoing the procedure. This is mainly ascribed to psychological barriers due to the indignity of the process, fear of procedure-related pain, discomfort in bowel preparation, and potential need for sedation, which underlines an urgent need for new technologies for addressing these issues. To significantly reduce the adenoma “miss rate” of standard forward-viewing colonoscopy, manufacturers are continuously striving to improve the current colonoscopy techniques, by exploring more advanced optics and wider-angle visualization tools along with a user-friendly, intuitive endoscopic platform interface. The introduction of such technologies is fueling the colonoscope market growth. Also, March is marked as the National Colorectal Awareness Month, dedicated to encouraging patients, survivors, and caregivers to share their stories, advocate for colorectal cancer prevention, and inform others about the importance of early detection. Thus, growing awareness about the effect of colon disorders will increase the adoption of colonoscopy tests during the forecast period, thus offering lucrative opportunities to the market players.

Europe has been hit hard by an exponential increase in the number of COVID-19 cases and deaths, leading to congestion in the plumbing system and high infection rates among health professionals. The rising rate of confirmed cases is putting an increased burden on the region's healthcare system, which is propelling the demand for diagnostic tests in their healthcare system and supporting the expansion of the sector in the region. The colonoscope market suffered from a shortage at the beginning of the COVID-19 crisis due to the disruption in the supply chain and reduced demand due to the lockdown announced by most European countries. Market participants and end-users are losing their businesses due to the temporary closure of industries in various countries. The COVID-19 pandemic has hereby exposed the weaknesses and lack of resilience in European health systems, with severe consequences for cancer care and patients. Crucial attention is required to restore cancer care, and prepare for the challenges ahead like risk stratification, i.e., prioritizing cancer patients at higher risk according to cancer type, tumor type, or tumor stage. For instance, using fecal immunochemical tests (FIT) to identify patients at highest risk for developing colorectal cancer (CRC) and refer them to urgent colonoscopy to manage the reduced colonoscopy capacity best while ensuring rapid diagnosis and treatment of CRC. Based on the opinion of the European Society of Gastrointestinal Endoscopy and Endoscopy Nurse and Associates (ESGE-ESGENA), colonoscopies for colorectal cancer screening (CRCS) have been guaranteed at most referral centers and have been labeled as “high priority endoscopy procedures” in Europe.

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EUROPE 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
  • EndoMed Systems
  • 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 Europe Colonoscopes Market – By Product Type

1.3.2 Europe Colonoscopes Market – By Application

1.3.3 Europe Colonoscopes Market – By End-User

1.3.4 Europe Colonoscopes Market – By Country

2. Europe 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 Europe– 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 –Europe Analysis

6.1 Europe 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 – Europe Analysis

10.1 Europe: Colonoscopes Market

10.1.1 Overview

10.1.2 Europe: Colonoscopes Market - Revenue and Forecast to 2028 (USD Million)

10.1.3 Europe: Colonoscopes Market, By Product type, 2019–2028 (USD Million)

10.1.4 Europe: Colonoscopes Market, by Application – 2019–2028 (USD Million)

10.1.5 Europe: Colonoscopes Market, by End User, 2019–2028 (USD Million)

10.1.6 Europe: Colonoscopes Market, by Country, 2021 & 2028 (%)

10.1.6.1 Germany: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.1.1 Germany: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.1.2 Germany: Colonoscopes Market, By Product type, 2019–2028 (USD Million)

10.1.6.1.3 Germany: Colonoscopes Market, by Application – 2019–2028 (USD Million)

10.1.6.1.4 Germany: Colonoscopes Market, by End User, 2019–2028 (USD Million)

10.1.6.2 France: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.2.1 France: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.2.2 France: Colonoscopes Market, By Product type, 2019–2028 (USD Million)

10.1.6.2.3 France: Colonoscopes Market, by Application – 2019–2028 (USD Million)

10.1.6.2.4 France: Colonoscopes Market, by End User, 2019–2028 (USD Million)

10.1.6.3 UK: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.3.1 UK: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.3.2 UK: Colonoscopes Market, By Product type, 2019–2028 (USD Million)

10.1.6.3.3 UK: Colonoscopes Market, by Application – 2019–2028 (USD Million)

10.1.6.3.4 UK: Colonoscopes Market, by End User, 2019–2028 (USD Million)

10.1.6.4 Italy: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.4.1 Italy: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.4.2 Italy: Colonoscopes Market, By Product type, 2019–2028 (USD Million)

10.1.6.4.3 Italy: Colonoscopes Market, by Application – 2019–2028 (USD Million)

10.1.6.4.4 Italy : Colonoscopes Market, by End User, 2019-2028 (USD Million)

10.1.6.5 Spain: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.5.1 Spain: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.5.2 Spain: Colonoscopes Market, By Product type, 2019–2028 (USD Million)

10.1.6.5.3 Spain: Colonoscopes Market, by Application – 2019–2028 (USD Million)

10.1.6.5.4 Spain: Colonoscopes Market, by End User, 2019–2028 (USD Million)

10.1.6.6 Rest of Europe: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.6.1 Rest of Europe: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

10.1.6.6.2 Rest of Europe: Colonoscopes Market, By Product type, 2019–2028 (USD Million)

10.1.6.6.3 Rest of Europe: Colonoscopes Market, by Application – 2019–2028 (USD Million)

10.1.6.6.4 Rest of Europe: Colonoscopes Market, by End User, 2019–2028 (USD Million)

11. Impact Of COVID-19 Pandemic on Europe Colonoscopes Market

11.1 Europe: 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 EndoMed Systems

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 PENTAX Medical

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 Boston Scientific Corporation

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 Ambu A/S

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

13.8 SonoScape Medical Corp.

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

14. Appendix

14.1 About the Insight Partners

14.2 Glossary of Terms


LIST OF TABLES

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Table 17. Spain Colonoscopes Market, by Application – Revenue and Forecast to 2028 (USD Million)

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

Table 19. Rest of Europe: Colonoscopes Market, By Product type – Revenue and Forecast to 2028 (USD Million)

Table 20. Rest of Europe Colonoscopes Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 21. Rest of Europe: Colonoscopes Market, by End User– Revenue and Forecast to 2028 (USD Million)

Table 22. Organic Developments in the Colonoscopes Market

Table 23. Inorganic Developments in the Colonoscopes Market

Table 24. Glossary of Terms, Colonoscopes Market


LIST OF FIGURES

Figure 1. Colonoscopes Market Segmentation

Figure 2. Colonoscopes Market Segmentation, By Country

Figure 3. Europe Colonoscopes Market Overview

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

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

Figure 6. Europe and PEST Analysis

Figure 7. Colonoscopes Market Impact Analysis of Driver And Restraints

Figure 8. Europe 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. Europe: Colonoscopes Market, by Key Country – Revenue (2021) (USD Million)

Figure 23. Europe Colonoscopes Market Revenue and Forecast to 2028 (USD Million)

Figure 24. Europe: Colonoscopes Market, by Country, 2021 & 2028 (%)

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

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

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

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

Figure 29. Spain: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

Figure 30. Rest of Europe: Colonoscopes Market – Revenue and Forecast to 2028 (USD Million)

Figure 31. Impact of COVID-19 Pandemic in European Country Markets

  1. Fujifilm Corporation
  2. Olympus Corporation
  3. KARL STORZ SE & Co. KG
  4. EndoMed Systems
  5. PENTAX Medical
  6. Boston Scientific Corporation
  7. Ambu A/S
  8. SonoScape Medical Corp.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe 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 Europe 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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