U.S. Endoscopy Video Processor Market is expected to increase to US$ 264.7 Million by 2028, witnessing a CAGR of 4.3% over the forecast period | Olympus Corporation, Fujifilm Holdings Corporation, Karl Storz SE & Co. KG, Stryker Corporation

Overview

Endoscopy is regularly used to analyze and treat gastrointestinal issues like ulcerative colitis, Crohn’s sickness, ongoing stoppage, and other gastrointestinal problems. An endoscope is utilized to research the inward pieces of the human body, to notice sores, for instance, disease or adjusted veins from the epithelial tissue, which lies on the outer layer of the organs.

The U.S. endoscopy video processor market had a valuation of US$ 196.5 million in 2021 and is anticipated to grow at a CAGR of US$ 264.7 million by 2028, over the estimated timeframe (2021-2028).

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Drivers

The rising pervasiveness of gastrointestinal issues is supposed to drive the development of the U.S. endoscopy video processor market.

The central points contributing to the development of the U.S. endoscopy video processor market are the increasing commonness of gastrointestinal (GI) problems like ulcerative colitis, Crohn’s sickness, ongoing blockage, and other GI-related illnesses. As indicated by a review published in the Lancet, in October 2017, around 319 instances of Crohn’s sickness per 100,000 individuals were accounted for in the U.S. In addition, according to the diary of Gastroenterology’s on Inflammatory Bowel Disease (IBD) in 2017, around 1.6 million patients in the U.S. were experiencing IBD.

Rising patient inclination for negligibly obtrusive medical procedures is supposed to bring a rewarding learning experience for the U.S. endoscopy video processor market. As per a forthcoming poll review in view of negligibly intrusive spine (MIS) versus open medical procedure, 326 patients were followed from 2016 to 2017 in the U.S. The main factors referenced by patients while choosing open and MIS medical procedures were long-term results, the specialist’s recommendation, and intricacy risk. As far as postoperative distress, entanglement risk, recuperation time, cost, and sedation necessity, patients saw the MIS medical procedure to be smarter than the open medical procedure. Most patients appear to be inclined toward an insignificantly intrusive way to deal with their treatment.

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Through tiny entry points, an endoscope is utilized to arrive at inside bunches in these negligibly obtrusive tasks. Working on understanding personal satisfaction and adequacy, especially among the elderly, as well as an inclination for non-mechanical negligibly obtrusive medical procedures over open medical procedures, are driving reception of non-automated insignificantly intrusive medical procedures among end clients. Accordingly, the U.S. endoscopic video processor market would have a beneficial learning experience over the estimated timeframe.

Effect of the Coronavirus (COVID-19) Pandemic

Since the COVID-19 infection flare-up in December 2019, the sickness has spread to nearly 100 nations across the globe. The COVID-19 pandemic and lockdown in different nations across the globe have affected the monetary status of organizations in all areas. The private medical care area is one of the areas that is significantly influenced by the COVID-19 pandemic.

Coronavirus sickness has impacted the economy in three principal ways: by straightforwardly influencing creation and request, by making disturbances in circulation channels, and through its monetary effect on firms and monetary business sectors. Due to lockdowns forced in the U.S., central participants are dealing with issues concerning transportation of clinical instruments, starting with one spot then moving on to the next. Conveying care to patients with GI sickness during this emergency is difficult due to the contending dangers of death or genuine inconvenience from SARS-CoV-2 and the reasonable higher chance of COVID-19 in safe compromised.

Restriction

Design difficulties in the light well of the endoscope framework are supposed to hamper the U.S. endoscopy video processor market. At the point when LEDs are coordinated into the endoscope tip, the whole light transition is accessible for careful site illumination. Notwithstanding, to keep the tip from overheating, heat should be moved to the endoscope’s grasp. Moreover, right now, the genuine light source is outside the endoscope in an outer unit. The light is shipped through absolute reflection through a fiber-optic link to the endoscope end. This causes trouble in taking care of the clinical gadget.

Competitive Landscape

Key companies contributing to the U.S. endoscopy video processor market include Stryker Corporation, Karl Storz SE & Co. KG, Fujifilm Holdings Corporation, XION GMBH, Olympus Corporation, PENTAX Medical, Sonoscape Medical Corp., Richard Wolf GmbH, and Boston Scientific Corporation.

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Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 U.S. Endoscopy Video Processor Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: U.S. Endoscopy Video Processor Industry Impact

Chapter 2 U.S. Endoscopy Video Processor Competition by Types, Applications, and Top Regions and Countries
2.1 U.S. Endoscopy Video Processor (Volume and Value) by Type
2.3 U.S. Endoscopy Video Processor (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 U.S. Endoscopy Video Processor Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5Company Profiles and Key Figures in U.S. Endoscopy Video Processor Business
Chapter 6 U.S. Endoscopy Video Processor Market Forecast (2022-2028)
Chapter 7 Conclusions
Research Methodology