This report offers a detailed analysis of the Endoscopy Device Market on a global level. The report discusses all the parameters that are likely to influence the market. The report users will gain access to drivers, restrains and opportunities that are expected to govern the market during the forecast period 2018-2022. The Global Endoscopy Device Market is expected to grow at a CAGR of 6.3% during the forecast period.
An Endoscopy is a procedure that allows physicians or surgeons to look interior parts of the organ. The technique is used for both diagnostic and therapeutic purpose. To perform endoscopy a specialized instrument is used named as endoscope. Various types of endoscopes and adoption of endoscope depends upon the affected body organ, for instance, bronchoscopes are used for lungs related problem, arthroscopes are preferred for problems associated with joints, and many others. Other instruments required during an endoscopic procedure includes biopsy forceps, cytology brush, flexible forceps, trocar sleeves, etc. For therapeutic purpose, the endoscopes are either attached or passed through surgical instruments to perform surgery. Endoscopic surgery is a type of minimally invasive surgery in which an endoscope is inserted in the body through small incisions to examine the internal organs.
Endoscopy Device Market – Major Players
Some of the key players in Endoscopy Device Market are
- Cogentix Medical
- Integrate Endoscopy
- J&J services Inc.
- Shaili Endoscopy
- Interscope Inc.
- Cantel Medical
- Micro-Tech Endoscopy
- KARL STORZ Gmbh Co. KG
- PENTAX MEDICAL
- RICHARD WOLF
Endoscopy Device Market – Segmentation
The Global Endoscopy Device Market is segmented on the basis of type, therapy, treatments & procedures, application, accessory & processors, and end user.
On the basis of type, it is segmented into flexible endoscopes, rigid endoscopes, capsule endoscopes, surgical endoscopes, and robot-assisted endoscopes.
On the basis of therapy, it is segmented into colonoscopy, gastroscopy, arthroscopy, laparoscopy, sigmoidoscopy, endoscopic retrograde cholangiopancreotography, ureteroscopy, and cystoscopy
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Endoscopy Device Market – Key Developments
July, 2016: Integrated Endoscopy received clearance from the FDA for its nuvis Single-Use Arthroscope. It is the first FDA-approved disposable rigid endoscope.
In February, 2016: Integrated Endoscopy demonstrated its nuvis Single-Use Arthroscope at the 2016 American Academy of Orthopaedic Surgeons (AAOS) Meeting in Orlando, USA.
Johnson & Johnson Services Inc.
September, 2016: Acclarent Inc., a subsidiary of Johnson & Johnson, received FDA approval for ACCLARENT AERA Eustachian Tube Balloon Dilation System. It is a first FDA-approved device to treat Eustachian Tube Dysfunction effectively.
March, 2016: Ethicon, a medical device company of the Johnson & Johnson, acquired NeuWave Medical, Inc.
June, 2015: Verb Surgical Company was created by the collaboration of Ethicon and Verily.
March, 2015: Ethicon, a medical device company of the Johnson & Johnson, enter into a collaboration with Google, Inc.
September, 2015: Acquired UK-based medical innovations for a purchase price of USD 79.6 million.
February, 2015: Cantel medical expanded product portfolio with the acquisition of the North American Science Associates, Inc.
September, 2017- Stryker acquired NOVADAQ Technologies Inc., to expand its product portfolio in imaging technology. NOVADAQ is one of the leading developer of fluorescence imaging technology which in providing surgeons visualization of blood flow in vessels, and related tissue perfusion in cardiac, cardiovascular, gastrointestinal, plastic, microsurgical, and reconstructive procedures.
July, 2017- PENTAX MEDICAL announced the collaboration with Shanghai Aohua Photoelectricity Endoscope Co., Ltd. (AOHUA) to improve the standard of patient care and quality of healthcare.
January, 2017- PENTAX MEDICAL acquired C2 Therapeutics to expand interventional endoscopy offering. According company reports, this acquisition will expand the company’s role in the gastroenterology worldwide from being a provider of advanced imaging for diagnostics, to now providing advanced therapeutic solutions.
Boston Scientific Corporation
June, 2017: Boston Scientific Corporation launched Alair bronchial thermoplasty therapy in India. Alair bronchial thermoplasty treatment uses a bronchoscope to deliver radiofrequency energy to reduce the amount of excess smooth muscle tissue in the airways.
November, 2016: Boston Scientific Corporation acquired EndoChoice Holdings, Inc., a Georgia based company focused on the development and commercialization of infection control products, pathology services, and single-use devices.
June, 2017: Olympus launched 3D Surgical End
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