United Kingdom Endoscopy Devices Market to be dominated by Minimally Invasive Surgery till 2027
Growing adoption of advanced
endoscopy equipment that incorporate distal lens designs to provide a wider
field of view is projected to boost the growth of United Kingdom endoscopy
devices market in the forecast period, 2023-2027.
According to TechSci Research report, “United Kingdom Endoscopy Devices Market- By
Region, Competition Forecast & Opportunities, 2027”, the United Kingdom Endoscopy Devices market is expected
to witness growth at a significant rate in 2023-2027. Endoscopy refers to a
minimally invasive medical procedure that aid in diagnosing, preventing, and
treating the complications associated with visceral organs. Endoscopes are widely
used to examine the interior hollow organs or cavities in the body. Endoscopy
devices are well-equipped with numerous other parts, including camera or light
source at the tip of endoscopes that aid physicians or medical professionals
(endoscopists) evaluate the internal organs of interest.
The expanding number of cases of cancer
and gastrointestinal ailments are some of the vital factors supporting the United
Kingdom endoscopy devices market. Endoscopy devices are extensively utilized to
investigate unusual symptoms such as dysphagia, diarrhea, weight loss,
heartburn, and stool blood. Along with this, the growing pediatric population, who
are more prone to targeted diseases, is driving the utilization of flexible
endoscopes for diagnosis and treatment. The launch of capsule or robot-assisted
endoscopy devices with ultra-high-definition (UHD) visualization systems by the
prominent manufacturers plays significant role in market growth. Several market
players are also offering easy-to-handle light sources and state-of-the-art
video equipment to augment the usage of endoscopy devices in microsurgical
techniques, is further supporting the market growth. Additionally, the
elevating elderly population prone to numerous medical conditions including
liver abscess, intestinal perforation, pelvic abscess, gall stones, and
endometriosis that need endoscopic procedures is anticipated to boost the market
growth.
However, lack of trained physicians
& expert endoscopists along with the risk of infections caused by few
endoscopes may impede the growth of the market for United Kingdom Endoscopy Devices
market in the forthcoming years.
Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "UNITED KINGDOM ENDOSCOPY DEVICES MARKET"
The United Kingdom Endoscopy Devices
market is segmented into type, application, end user, regional
distribution, and competitive landscape.
Based on type, the market is divided into rigid
endoscopes, flexible endoscopes, capsule endoscopy, disposable endoscopes, and others. Rigid endoscopy is witnessed to hold the largest share market
in the forecast period, 2023-2027.
Based on application, the market is segmented into gastrointestinal endoscopy, laparoscopy, bronchoscopy,
obstetrics/gynecology endoscopy, and others. Laparoscopy segment is projected to witness a significant
growth rate during the forecast period, 2023-2027. Increase in utilization of
laparoscopy devices routinely in diagnosis and in therapeutic procedures of several
diseases including prostatectomy, pancreatic cancer, and gastrointestinal disorders
is propelling the market growth. Additionally, the rise in number of cases of
morbid obesity at global level is also driving the endoscopy devices market
growth.
Based on end user, the market is segmented into hospitals
& clinics, diagnostic centers, and others. Hospitals segment holds the
greatest market share in the forecast period, 2023-2027. The high number of
endoscopic surgeries takes place at hospitals is comparatively higher than
other healthcare systems, such as specialty clinics or Ambulatory Surgical
Centers (ASCs). This segment anticipated to maintain its dominance in the
forthcoming years on account of the elevating investment from governments of
various regions for the development of hospitals.
Key market players leading in the United
Kingdom Endoscopy Devices market are:
- Boston Scientific Limited
- Fujifilm UK Limited
- Olympus UK Limited
- Stryker (UK) Limited
- Johnson & Johnson Limited
- Smith & Nephew Plc
- Medtronic UK
- Nipro Medical UK Limited
- B.Braun Medical Limited
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“The increasing investments and grants by government
authorities across United Kingdom for enhancing healthcare facilities and
research and development in medical devices sector are propelling the growth of
the endoscopy devices market. Furthermore, the presence of favourable
reimbursement policies across the United Kingdom regions is impelling the
growth of the overall market. Continuous technological advancements have paved
way miniaturized and disposable endoscopes. The growing collaborations and
partnerships between hospitals and endoscopy devices manufacturers stimulates
the market towards growth. The evolving healthcare industry and the
introduction of disposable endoscopy device is one of the technological
upgradations launched in endoscopy devices also fostering the market growth.
Surgeons and practitioners are augmenting the usage of disposable endoscope
devices, and their added advantage of zero chances of cross-contamination is
further driving the market growth. Besides hospitals and clinics, these devices
are also increasingly utilized across diagnostic laboratories and academic and
research centers. is anticipated
to boost the United Kingdom Endoscopy Devices market growth till 2027” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm”.
“United Kingdom 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 analyzed the future growth potential
of United Kingdom 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 assist decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with significant drivers, challenges, and
opportunities in United Kingdom Endoscopy Devices market.
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