Press Release

Saudi Arabia Endoscopy Devices Market to Grow with Advancing Technology until 2027

Technological advancements in medical devices are driving the growth of the Saudi Arabia Endoscopy Devices Market, in the forecast period, 2023-2027F.

According to TechSci report on, “Saudi Arabia Endoscopy Devices Market - By Region, Competition Forecast & Opportunities, 2027”, Saudi Arabia endoscopy devices market is anticipated to grow with an impressive CAGR in the forecast period, 2023-2027 on the account of increasing demand for advanced technologies being incorporated in the healthcare facilities. Surging instances of gastric cancer is also most important factor behind the growth of the Saudi Arabia endoscopy devices market in the upcoming five years.

Also, surging instances of lifestyle diseases that causes stomach disorders, or other stomach diseases, or may enhance the risks of contracting such diseases in the patient is anticipated to support the growth of the Saudi Arabia endoscopy devices market in the next five years. Technological advancements like 3D imaging, minimally invasive approach etc. substantiates the growth of the Saudi Arabia endoscopy devices market in the future five years.

Consistent research and increasing investments from the global giants toward innovative product development further aids the growth of the Saudi Arabia endoscopy devices market in the forecast years. Demand for minimally invasive devices to provide painless diagnostic test, and faster relief to the patient, the demand for the endoscopy devices is further increasing and thus drives the growth of the Saudi Arabia endoscopy devices market in the forecast period.

Although, in the recent event of COVID-19, endoscopic procedures were decreased, since the healthcare services were fixated n dealing with emergency situations. Thus, the demand for endoscopic devices were mildly affected, but the market growth is anticipated to overcome the drawbacks in near future and record anticipated growth in the next five years.

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The Saudi Arabia endoscopy devices market is segmented by type, application, end user, competitional landscape, and regional distribution. Based on type, the market is further differentiated into rigid endoscopes, flexible endoscopes, capsule endoscopy, disposable endoscopes, and others. Flexible endoscopes are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the ground of advantages of the device to perform minimal invasive procedure.

Moreover, the device also allows faster healing and less painful experience for the patient, thus surging in the demands. Capsule endoscopy devices are expected to register fastest growing CAGR value in the next five years on the grounds of technological advancement. A capsule in-built camera is inserted, as simple as swallowing a pill. This camera enters the gastro-intestinal tract and takes images of the tract and sends the images to the detector screens. Later on, the capsule cam leaves the body through excretion.

On the basis of application, the market segment is bifurcated into gastrointestinal endoscopy, laparoscopy, bronchoscopy, obstetrics/gynecology endoscopy, and others. Gastrointestinal endoscopy is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the grounds of increasing instances of gastric cancer. Increasing geriatric population of the country, and rising instances of colorectal cancer among the geriatric population further supports the growth of the Saudi Arabia endoscopy devices market in the future five years.

A partial list of major market players of the Saudi Arabia endoscopy devices market includes:

·         Karl Storz Saudi Arabia

·         Ambu A/S

·         Hill-Rom Company, Inc.

·         Fujifilm Saudi Arabia

·         Olympus Saudi Arabia

·         Stryker Saudi Arabia

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“Hospitals & clinics are anticipated to register highest demands for the endoscopy devices. Increasing demands for the endoscopy devices in the hospitals and clinics is majorly due to growing patient burden in the hospitals. Moreover, availability of the experts, doctors and technicians to conduct the procedure and provide report for the detailed analysis of the conditions further supports the growth of the market. Investments and higher availability of the healthcare expenses further supports the growth of the Saudi Arabia endoscopy devices market. Also, technological advancements, consistent research and innovative product development for the best possible patient care further supports the growth of the Saudi Arabia endoscopy devices market in the upcoming five years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Saudi Arabia Endoscopy Devices Market By Type (Rigid Endoscopes, Flexible Endoscopes, Capsule Endoscopy, Disposable Endoscopes, Others), By Application (Gastrointestinal Endoscopy, Laparoscopy, Bronchoscopy, Obstetrics/Gynecology Endoscopy, Others), By End User (Hospitals & Clinics, Diagnostic Centers, Others), By Region, Competition Forecast & Opportunities, 2027 has evaluated the future growth potential of Saudi Arabia endoscopy devices market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia endoscopy devices market.

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