Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 736.7 million | USD 1,367.90 million | 7.24% | 2023 |
The Global endoscopy fluid management market size was worth around USD 736.7 Million in 2023 and is estimated to grow to about USD 1,367.90 Million by 2032, with a compound annual growth rate (CAGR) of approximately 7.24% over the forecast period.
The report covers forecasts and analyses for the endoscopy fluid management market on a global and regional level. The study provides historic data from 2023 along with a forecast from 2024 to 2032 based on revenue (USD Million). The study includes drivers and restraints for the endoscopy fluid management market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the endoscopy fluid management market on a global as well as regional level.
In order to give the users of this report a comprehensive view of the endoscopy fluid management market, we have included a competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides a company market share analysis in order to give a broader overview of the key players in the endoscopy fluid management market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the endoscopy fluid management market on a global and regional basis.
The study provides a crucial view of endoscopy fluid management by segmenting the market based on product, modality, end user, and region. All the segments of the endoscopy fluid management market have been analyzed based on present and future trends, and the market is estimated from 2024 to 2032.
Endoscopy is used to examine the digestive system and is a non-surgical procedure. It uses an endoscope that has a flexible tube with a camera and light attached to it. The digestive system can be examined on a color TV monitor. The body fluids inside the digestive system may hamper the visibility of the images acquired during endoscopic procedures. Thus, fluid management is of utmost importance during an endoscopic procedure. Fluid management during endoscopic procedures involves maintaining the fluid pressure in internal cavities.
The demand for endoscopy fluid management market is driven by increasing endoscopic procedures for the diagnosis of various chronic ailments, along with the growing adoption of minimally invasive diagnostic and surgical procedures all over the world. Also, the accuracy offered by endoscopes, increasing endoscopic procedures in various applications such as urology, gastroenterology, anesthesiology, gynecology, laparoscopy, arthroscopy, neurology, etc., and increasing awareness are other factors that boost the market growth. Technological advancement for product feature improvement is expected to bring new growth avenues for major market players operating in global endoscopy fluid management.
Report Attributes | Report Details |
---|---|
Report Name | Endoscopy Fluid Management Market Research Report |
Market Size in 2019 | USD 736.7 Million |
Market Forecast in 2025 | USD 1,367.90 Million |
Growth Rate | CAGR of 7.24% |
Number of Pages | 207 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | Hologic Inc, Richard Wolf GmbH, Medtronic, B. Braun Medical Inc, DePuy Synthes, Cantel Medical Corporation, Smith & Nephew, Stryker Corporation, Karl Storz GmbH & Co KG, Olympus Corporation, among others. |
Segments Covered | By Product, By Modality, By End-User, By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Based on the product, the global endoscopy fluid management market is bifurcated into hysteroscopy pumps, laparoscopy suction irrigation pumps, laparoscopy fluid management systems, and hysteroscopy fluid management systems. The laparoscopy suction irrigation pumps product segment accounted for the largest market share in 2023.
Based on modality, market is segmented into benchtop and floor standing. The benchtop segment accounted for the largest market share in 2023 and floor-standing devices are projected to grow at the highest CAGR over the forecast period.
The end-user segment is divided into specialty clinics, diagnostic centers, hospitals, and ambulatory surgical centers. Hospitals' end user segment held the largest market share due to a large patient pool, availability of developed infrastructure increasing investments to develop infrastructure, easy accessibility, skilled professionals, etc. Specialty clinics and diagnostic centers will grow rapidly during the forecast period. This growth is attributed to the increasing focus of specialty clinics and diagnostic centers on infrastructure improvement to offer best-in-class health facilities to patients.
North America dominated the global endoscopy fluid management market in 2023. The increasing prevalence of chronic disorders, increasing endoscopic procedures, availability of skilled professionals, and growing awareness are factors driving the market in this region. Europe was the second leading regional market. Faster adoption of advanced technologies, increasing awareness, and the presence of developed infrastructure are some of the factors that boost market growth in this region.
Latin America is projected to witness moderate growth over the forecast period. Asia Pacific region will exhibit the highest growth for the endoscopy fluid management market in the coming years. The large population, increasing chronic diseases, increasing preference for minimally invasive endoscopic procedures for diagnostic and therapeutic applications, increasing geriatric population, and increasing health care spending are factors promoting endoscopy fluid management market growth in Asia Pacific. Middle East and Africa will see noticeable growth in the coming years.
Major players included in the report are
By Product
By Modality
By End User
Global Endoscopy Fluid Management Market: By Region
FrequentlyAsked Questions
The term "endoscopy fluid management" is used to describe the methodical and secure administration of endoscopic fluids. Endoscopy is a diagnostic and therapeutic procedure that involves the insertion of a thin, flexible tube (endoscope) equipped with a video camera and light source into a patient's body. In order to improve vision during operations like colonoscopies and gastroscopies, a liquid solution is frequently utilized to dilate and flush the region being viewed.
The demand for endoscopy fluid management market is driven by increasing endoscopic procedures for diagnosis of various chronic ailments along with growing adoption of minimally invasive diagnostic and surgical procedures all over the world.
Global Endoscopy Fluid Management market size earned around $736.7 Mn in 2023 and is expected to reach $1,367.90 Mn by 2032, with a projected CAGR of 7.24%.
North America dominated the global endoscopy fluid management market in 2023. The increasing prevalence of chronic disorders, increasing endoscopic procedures, availability of skilled professionals and growing awareness are factors driving the market in this region.
Major players included in the report are Hologic Inc., Richard Wolf GmbH, Medtronic, B. Braun Medical Inc., DePuy Synthes, Cantel Medical Corporation, Smith & Nephew, Stryker Corporation, Karl Storz GmbH & Co KG, and Olympus Corporation among others.
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