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South and Central America Colonoscopes Market

2021

South and Central America 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: TIPRE00025867 | No. of Pages: 123 | Category: Medical Device | Status: Published

Market Insights

South and Central America Colonoscopes Market to Grow at a CAGR of 3.5% to reach US$ 169.50 million Million from 2021 to 2028

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The South and Central America colonoscopes market is expected to reach US$ 169.50 million by 2028 from US$ 136.89 million in 2021; it is estimated to grow at a CAGR of 3.5% 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 colonoscopes market. However, the availability of alternative diagnostic tests for rectal diseases hampers the market growth.

Colorectal cancer is a malignant tumor that develops in the tissues of colon or rectum. Colon and rectal cancer are often grouped due to common features of both conditions. According to an article published online by science direct, in 2016, colorectal cancer is one the 5 the leading cancer diagnosis in Central and South America and males have 1–2 times higher colorectal cancer rates than females. Furthermore, it is the second leading cause of cancer death in the country, among men and women combined, while it stands as the third leading cause of cancer death when men and women are considered separately. Such a high prevalence makes it the second most frequently occurring cancer, after breast cancer, and the second leading cause of death, after lung cancer. In ideal situations, where the cancer is diagnosed in early stages, doctors can remove the tumor via surgical procedures. A colonoscopy is an important screening test for colorectal cancer, and it has become a part of routine cancer screening. The annual count of adults getting screened for cancer surged by 3.3 million in the US during 2014–2016, which is considered a prime factor associated with a 30% decrease in colon cancer mortality rate in people older than 50 in the past decade. In its updated screening guidelines released in 2018, the American Cancer Society quoted colonoscopies as the gold standard for detecting cancers and precancerous polyps in the colon. Also, to significantly reduce the adenoma “miss rate” of standard forward-viewing colonoscopy, manufacturers across globe 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 fuelling the colonoscope market growth.

The COVID-19 pandemic has severely impacted medical care in South and Central America. Market participants and end users are losing their businesses due to the temporary closure of companies in different countries. In this situation, there was the discontinuation of diagnosis and other related treatments. However, the COVID-19 outbreak has had a negative impact on the flow of medical care in the area. The COVID-19 pandemic has shifted the accepted and routine treatment of elective cases in hospital administration. This postponement resulted in a delay in the treatment of all non-COVID-19 patients, including cancer patients. The pandemic can lead to further potential innovations in cancer screening. Colon cancer screening programs (CRC) have been forcibly suspended since the pandemic began. A hospital system in distress needs a systematic approach to ensure timely cancer care. Screening delays beyond 4–6 months would significantly increase advanced CRC cases and mortality if they lasted longer than 12 months.

colonoscopes market

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SOUTH AND CENTRAL AMERICA 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

  • Brazil
  • Argentina
  • Rest of South and Central America

Company Profiles

  • Fujifilm Corporation
  • Olympus Corporation
  • KARL STORZ SE & Co. KG
  • PENTAX Medical
  • Boston Scientific Corporation
  • 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 South and Central America Colonoscopes Market – By Product Type

1.3.2 South and Central America Colonoscopes Market – By Application

1.3.3 South and Central America Colonoscopes Market – By End User

1.3.4 South and Central America Colonoscopes Market – By Country

2. 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 South and Central America (SCAM) – 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 –South and Central America Analysis

6.1 South and Central America 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 – South and Central America Analysis

10.1 South and Central America: Colonoscopes Market

10.1.1 Overview

10.1.2 South and Central America: Colonoscopes Market - Revenue and Forecast to 2028 (USD Million)

10.1.3 South and Central America Colonoscopes Market, By Product type – Revenue and Forecast to 2028 (USD Million)

10.1.4 South and Central America: Colonoscopes Market, by Application – 2019–2028 (USD Million)

10.1.5 South and Central America Colonoscopes Market, By End User – Revenue and Forecast to 2028 (USD Million)

10.1.6 South and Central America: Colonoscopes Market Share by Country – 2021 & 2028, (%)

10.1.6.1 Brazil: Colonoscopes Market- Revenue and Forecasts To 2028 (USD Million)

10.1.6.1.1 Brazil: Colonoscopes Market- Revenue and Forecasts To 2028 (USD Million)

10.1.6.1.2 Brazil Colonoscopes Market, By Product type – Revenue and Forecast to 2028 (USD Million)

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

10.1.6.1.4 Brazil Colonoscopes Market, By End User – Revenue and Forecast to 2028 (USD Million)

10.1.6.2 Argentina: Colonoscopes Market- Revenue and Forecasts To 2028 (USD Million)

10.1.6.2.1 Argentina: Colonoscopes Market- Revenue and Forecasts To 2028 (USD Million)

10.1.6.2.2 Argentina Colonoscopes Market, By Product type – Revenue and Forecast to 2028 (USD Million)

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

10.1.6.2.4 Argentina Colonoscopes Market, By End User – Revenue and Forecast to 2028 (USD Million)

10.1.6.3 Rest of South and Central America: Colonoscopes Market - Revenue and Forecast to 2028 (USD Million)

10.1.6.3.1 Rest of South and Central America: Colonoscopes Market - Revenue and Forecast to 2028 (USD Million)

10.1.6.3.2 Rest of South and Central America Colonoscopes Market, By Product type – Revenue and Forecast to 2028 (USD Million)

10.1.6.3.3 Rest of South and Central America: Colonoscopes Market, by Application – 2019–2028 (USD Million)

10.1.6.3.4 Rest of South and Central America Colonoscopes Market, By End User – Revenue and Forecast to 2028 (USD Million)

11. Impact Of COVID-19 Pandemic on South and Central America Colonoscopes Market

11.1 South and Central America: 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 SonoScape Medical Corp.

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

14. Appendix

14.1 About the Insight Partners

14.2 Glossary of Terms


LIST OF TABLES

Table 1. South and Central America Colonoscopes Market, By Product type – Revenue and Forecast to 2028 (USD Million)

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

Table 3. South and Central America Colonoscopes Market, By End User – Revenue and Forecast to 2028 (USD Million)

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

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

Table 6. Brazil Colonoscopes Market, By End User – Revenue and Forecast to 2028 (USD Million)

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

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

Table 9. Argentina Colonoscopes Market, By End User – Revenue and Forecast to 2028 (USD Million)

Table 10. Rest of South and Central America Colonoscopes Market, By Product type – Revenue and Forecast to 2028 (USD Million)

Table 11. Rest of South and Central America Colonoscopes Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 12. Rest of South and Central America Colonoscopes Market, By End User – Revenue and Forecast to 2028 (USD Million)

Table 13. Organic Developments in the Colonoscopes Market

Table 14. Inorganic Developments in the Colonoscopes Market

Table 15. Glossary of Terms, Colonoscopes Market


LIST OF FIGURES

Figure 1. Colonoscopes Market Segmentation

Figure 2. Colonoscopes Market Segmentation, By Country

Figure 3. South and Central America Colonoscopes Market Overview

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

Figure 5. South and Central America Colonoscopes Market – Leading Country Markets (US$ Million)

Figure 6. South and Central America (SCAM) PEST Analysis

Figure 7. Colonoscopes Market Impact Analysis of Driver And Restraints

Figure 8. South and Central America 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. South and Central America: Colonoscopes Market, By Key Country – Revenue (2021) (USD Million)

Figure 23. South and Central America: Colonoscopes Market- Revenue and Forecasts To 2028 (USD Million)

Figure 24. South and Central America: Colonoscopes Market Share by Country – 2021 & 2028, (%)

Figure 25. Brazil: Colonoscopes Market- Revenue and Forecasts To 2028 (USD Million)

Figure 26. Argentina: Colonoscopes Market- Revenue and Forecasts To 2028 (USD Million)

Figure 27. Rest of South and Central America: Colonoscopes Market - Revenue and Forecast to 2028 (USD Million)

Figure 28. Impact Of COVID-19 Pandemic in South and Central America Africa Country Markets

  1. Fujifilm Corporation
  2. Olympus Corporation
  3. KARL STORZ SE & Co. KG
  4. PENTAX Medical
  5. Boston Scientific Corporation
  6. SonoScape Medical Corp.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South and Central America 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 South and Central America 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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