Gastroenterology Devices Market By Product (Endoscopy Devices, Ostomy Products, Enteral Feeding Pumps, Bariatric Surgery Devices, Others) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Published By: Brisk Insights | Published On: Sep 30, 2021

 

Industry Outlook

 

The gastroenterology devices market is set to reach US$ xx Mn by 2026 from US$ xx Mn in 2017 featuring magnificent growth at a compounded annual growth rate (CAGR) of 7.1% during the forecast period from 2018 to 2026. According to the latest research citing provided by World Health Organization (WHO), approximately 3 to 6 million children throughout the globe die annually due to gastrointestinal infections. The causative agents for gastrointestinal disorders are, lack of sanitation, ingestion of infected food & water, sedentary lifestyle, craving for fast food etc. In developing countries the outbreak of gastrointestinal diseases is a serious concern in hospital environment. Gastrointestinal disorders are less tolerant in the Caucasian population and so the preventive measures taken by healthcare agencies in the western hemisphere are rapid diagnosis, early treatment intervention and control the spread of infection. Technological advancement in the different types of endoscopes & bariatric surgery devices and increasing demand for minimally invasive surgical procedures drive the gastroenterology devices market growth.

 

"Increasing demand for minimally invasive surgery and recent technological advancement drive the endoscopy devices market"

 

Endoscopy devices are currently leading the product segment for gastroenterology devices market. The factors responsible for the dominance of endoscopy devices are increasing demand for minimally invasive surgery such as laparoscopy and recent technological advancement in the gastrointestinal videography devices. Capsule endoscopes, hemostatic devices, endoscopic retrograde cholangiopancreatography devices and biopsy devices etc. are widely used as endoscopic devices for diagnosing and treating gastrointestinal ailment. Videoscopes are currently in huge demand due to increasing number of people suffering with irritating bowel syndrome, crohns disease etc., which requires early screening to prescribe appropriate treatment regime. Capsule endoscopy is gaining popularity on account of its ability to generate internal images of small intestines and colon regions to aid accurate laparoscopic surgery. Ostomy products are widely used in rehabilitation centers for senile patients undergoing colostomy. Electronic enteral feeding pumps are available in the market which has features such as automated flushing and delivery of hydration.  Is has tremendous demand for infants suffering with malnutrition and dehydration. Bariatric surgery devices will showcase outstanding growth during the forecast period owing to the rising prevalence of obesity worldwide, binge drinking, fatty diet etc. It has proven beneficial in overcoming obesity related disorders such as diabetes, cardiovascular disease etc. Change in gastrointestinal anatomy causes the increased production of hormones which reduces appetite and stimulates the satiety center.

 

"Rising prevalence of gastrointestinal disorder and obesity to drive the gastroenterology devices market in North America"

 

In the current scenario North America is leading the regional segment for gastroenterology devices market. The key parameters that attributes to the magnificent market growth in North America are rising prevalence of gastrointestinal disorders and obesity. As per the statistics provided by Center for Disease Control and Prevention (CDC) in 2016, approximately 14.7 million people were diagnosed with ulcers in the gastrointestinal tract which is equivalent to 6% of the diagnosed ulcers in adult population. Increasing obesity in younger population, sedentary lifestyle and craving for fast food result in positive traction for gastroenterology devices market in North America.  In Europe the market growth is due to presence of established healthcare infrastructure and stringent guidelines stipulated by European Medical Agency to prevent gastrointestinal illness. Presence of medical device manufacturers such as Olympus Corporation, B.Braun Melsungen AG and Karl Storz GmbH & Co., KG provide gastroenterology devices in European region. Asia Pacific serves as a potential market for gastroenterology devices market on account of rising prevalence of gastrointestinal complication and civic amenities. Presence of local players and increasing medical tourism give an impetus to the gastroenterology devices market in Asia Pacific region.

 

Historical & Forecast Period

 

This research report presents the analysis of each segment from 2016 to 2026 considering 2017 as the base year for the research. Compounded annual growth rate (CAGR) for each respective segments are calculated for the forecast period from 2018 to 2026.

 

Medical device manufacturers providing gastrointestinal devices are B.Braun Melsungen AG, Boston Scientific Corporation, Cardinal Health, Covidien Ltd., Conmed Corporation, Fujinon Ltd., Johnson & Johnson, Karl Storz GmbH & Co. KG., Olympus Corporation and Stryker Corporation.

 

Key questions answered in this report

 

  • Who are the medical device manufacturers participating in the gastroenterology devices market?
  • What will be the compounded annual growth rate and market estimation for the forecast period from 2018 to 2026?
  • What are the different complications related to gastrointestinal tract?
  • How is the competition among key players assessed for gastroenterology devices market?
  • Which is the largest and fastest growing product segment for gastroenterology devices market?
  • Which is the largest and fastest growing geographical segment for gastroenterology devices market?

 

Chapter 1. Preface


1.1. Report Scope and Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Approach Adopted
1.3.4. Top-down Approach
1.3.5. Bottom-up Approach
1.3.6. Phase III-Expert Panel Review
1.3.7. Assumptions
1.4. Market Segmentation

 

Chapter 2. Executive Summary


2.1. Global GD Market Portraiture
2.2. Global GD Market, by Product, 2017 (US$ Mn)
2.3. Global GD Market, by Geography, 2017 (US$ Mn)

 

Chapter 3. Gastroenterology Devices (GD) Market: Dynamics and Future Outlook


3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Analysis: Global GD Market, by Key Players, 2017

 

Chapter 4. Global Gastroenterology Devices (GD) Market, by Product


4.1. Overview
4.2. Endoscopy Devices
4.3. Ostomy Products
4.4. Enteral Feeding Pumps
4.5. Bariatric Surgery Devices
4.6. Others

 

Chapter 5. Global Gastroenterology Devices (GD) Market, by Geography


5.1. Overview
5.2. North America GD Market Analysis, 2016 – 2026
5.2.1. North America GD Market, by Product, 2016 – 2026 (US$ Mn)
5.2.2. North America GD Market, by Country, 2016 – 2026 (US$ Mn)
5.2.2.1. U.S.
5.2.2.2. Canada
5.3. Europe GD Market Analysis, 2016 – 2026
5.3.1. Europe GD Market, by Product, 2016 – 2026 (US$ Mn)
5.3.2. Europe GD Market, by Country/Region, 2016 – 2026 (US$ Mn)
5.3.2.1. U.K.
5.3.2.2. Germany
5.3.2.3. Rest of Europe
5.4. Asia Pacific GD Market Analysis, 2016 – 2026
5.4.1. Asia Pacific GD Market, by Product, 2016 – 2026 (US$ Mn)
5.4.2. Asia Pacific GD Market, by Country/Region, 2016 – 2026 (US$ Mn)
5.4.2.1. China
5.4.2.2. Japan
5.4.2.3. Rest of Asia Pacific
5.5. Latin America GD Market Analysis, 2016 – 2026
5.5.1. Latin America GD Market, by Product, 2016 – 2026 (US$ Mn)
5.5.2. Latin America GD Market, by Country/Region, 2016 – 2026 (US$ Mn)
5.5.2.1. Brazil
5.5.2.2. Mexico
5.5.2.3. Rest of Latin America
5.6. Middle East and Africa GD Market Analysis, 2016 – 2026
5.6.1. MEA GD Market, by Product, 2016 – 2026 (US$ Mn)
5.6.2. MEA GD Market, by Country/Region, 2016 – 2026 (US$ Mn)
5.6.2.1. GCC
5.6.2.2. Rest of MEA

 

Chapter 6. Company Profiles


6.1. B.Braun Melsungen AG
6.1.1. Business Description
6.1.2. Financial Information (Subject to data availability)
6.1.3. Product Portfolio
6.1.4. News Coverage
6.2. Boston Scientific Corporation
6.3. Cardinal Health
6.4. Covidien Ltd.
6.5. Conmed Corporation
6.6. Fujinon Ltd.
6.7. Johnson & Johnson
6.8. Karl Storz GmbH & Co. KG.
6.9. Olympus Corporation
6.10. Stryker Corporation

GD - Gastroenterology Devices

TABLE 1 Global Gastroenterology Devices (GD) Market Portraiture
TABLE 2 Global GD Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 3 Global GD Market, by Geography, 2016 – 2026 (US$ Mn)
TABLE 4 North America GD Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 5 North America GD Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 6 Europe GD Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 7 Europe GD Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 8 Asia Pacific GD Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 9 Asia Pacific GD Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 10 Latin America GD Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 11 Latin America GD Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 12 Middle East and Africa GD Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 13 Middle East and Africa GD Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 14 B.Braun Melsungen AG: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 15 Boston Scientific Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 16 Cardinal Health: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 17 Covidien Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 18 Conmed Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 19 Fujinon Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 20 Johnson & Johnson: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 21 Karl Storz GmbH & Co. KG: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 22 Olympus Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 23 Stryker Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)

FIG. 1 Gastroenterology Devices (GD) Market: Research Methodology
FIG. 2 GD Market Segmentation
FIG. 3 Global GD Market, by Product, 2017 (US$ Mn)
FIG. 4 Global GD Market, by Geography, 2017 (US$ Mn)
FIG. 5 Attractive Investment Proposition: by Geography, 2017
FIG. 6 Competitive Analysis: Global GD Market, by Key Players, 2017
FIG. 7 Global Endoscopy Devices Market for Gastroenterology Devices, 2016 – 2026 (US$ Mn)
FIG. 8 Global Ostomy Products Market for Gastroenterology Devices, 2016 – 2026 (US$ Mn)
FIG. 9 Global Enteral Feeding Pumps Market for Gastroenterology Devices, 2016 – 2026 (US$ Mn)
FIG. 10 Global Bariatric Surgery Devices Market for Gastroenterology Devices, 2016 – 2026 (US$ Mn)
FIG. 11 Global Other Products Market for Gastroenterology Devices, 2016 – 2026 (US$ Mn)
FIG. 12 U.S. GD Market, 2016 – 2026 (US$ Mn)
FIG. 13 Canada GD Market, 2016 – 2026 (US$ Mn)
FIG. 14 U.K. GD Market, 2016 – 2026 (US$ Mn)
FIG. 15 Germany GD Market, 2016 – 2026 (US$ Mn)
FIG. 16 Rest of Europe GD Market, 2016 – 2026 (US$ Mn)
FIG. 17 China GD Market, 2016 – 2026 (US$ Mn)
FIG. 18 Japan GD Market, 2016 – 2026 (US$ Mn)
FIG. 19 Rest of Asia Pacific GD Market, 2016 – 2026 (US$ Mn)
FIG. 20 Brazil GD Market, 2016 – 2026 (US$ Mn)
FIG. 21 Mexico GD Market, 2016 – 2026 (US$ Mn)
FIG. 22 Rest of Latin America GD Market, 2016 – 2026 (US$ Mn)
FIG. 23 GCC GD Market, 2016 – 2026 (US$ Mn)
FIG. 24 Rest of MEA GD Market, 2016 – 2026 (US$ Mn)

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