Endosurgery Devices Market Growth Opportunities and Forecast till 2030
The Global Endosurgery Devices Market Size valued for USD 11 Billion in 2021 and is anticipated to reach USD 16.9 Billion by 2030 with a CAGR of 4.9% from 2022 to 2030.
Reduced discomfort and scarring are the goals of minimally invasive operations, which are also linked to shorter hospital stays, fewer problems, and quicker recovery times. These factors all increase patient outcomes and satisfaction.
Fujifilm is in a unique position to introduce exciting, innovative developments to the field of minimally invasive surgery by using our expertise in medical imaging and optical technologies. Small, minimally invasive surgeries like endosurgery take less time to complete. In order to diagnose the problem and carry out surgical procedures, a small video endoscope is inserted into the body portion. Endosurgery takes a short amount of time to complete and has a recovery period of up to six weeks or less. The preferred method for doing intestinal resections, appendectomies, hernia repairs, gallbladder operations, and Abdominal Surgery staging procedures is endosurgery.
Parameter |
Endosurgery Devices Market |
Endosurgery Devices Market Size in 2021 |
US$ 11 Billion |
Endosurgery Devices Market Forecast By 2030 |
US$ 16.9 Billion |
Endosurgery Devices Market CAGR During 2022 – 2030 |
4.9% |
Endosurgery Devices Market Analysis Period |
2018 - 2030 |
Endosurgery Devices Market Base Year |
2021 |
Endosurgery Devices Market Forecast Data |
2022 - 2030 |
Segments Covered |
By Product, By Application, By End-Use, and By Region |
Endosurgery Devices Market Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled |
Theralase Technologies Inc., Lumibird, Quest PharmaTech Inc., Modulight, Inc., Galderma Laboratories L.P., Biofrontera AG, Sun Pharmaceutical Industries Ltd., and SUS Advancing Technology Co., Ltd. |
Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Endosurgery Devices Market Dynamics
Laparoscopic operations are becoming increasingly popular because to a number of advantages, including lower morbidity, quicker healing, quicker recovery, greater outcomes, and minimal discomfort. The demand for endosurgery devices has been directly impacted by the growth in the use of these operations. In addition, rising consumer awareness of the benefits of laparoscopic procedures, the introduction of robotic assisted endosurgery devices, and the development of contemporary surgical techniques are some of the key factors anticipated to drive the advancement of the endosurgery devices market in the coming years.
On the other side, illnesses and difficulties brought on by endoscopic products may have an impact on business development. Reforms to policy are likely to raise the price of developing new goods and providing services to customers. The pressure on expenditures connected to the production of new products has an impact on the growth of the market for endoscopic Electrosurgical Devices because of the potential loss of sales caused by the product's delayed release and the additional expenses invested due to stringent approval procedures.
Endosurgery Devices Market Insights
The market for endosurgery devices is divided into product, application, and end use segments. Abdominal surgery, thoracic surgery, gynaecological surgery, bariatric surgery, colorectal surgery, transplant surgery, and others are divided under the application segment. Gynecology surgery is one application that is anticipated to contribute significantly to revenue in the target market.
The end use segment is further divided into Hospitals & Ambulatory Surgical Centers and ambulatory surgical centres, specialty clinics, and nursing homes. Due to significant government investment in the development of hospital infrastructure, Hospitals & Ambulatory Surgical Centers and ambulatory surgical centres are anticipated to account for a significant portion of revenue..
Global Endosurgery Devices Market Geographical Competition
The North America, Europe, Latin America, Asia-Pacific, and the Middle East & Africa regions make up the five geographical segments of the global Endosurgery Devices market. A substantial portion of the market's revenue is anticipated to come from North America because of the growing number of people afflicted with chronic diseases. Additionally, factors that are anticipated to boost the expansion of the target market include the availability of cutting-edge healthcare infrastructure for R&D activities and attractive reimbursement policies.
The high level of key companies' R&D spending and their approach to introducing novel solutions are factors that have contributed to the expansion of the regional market. Additionally, it is anticipated that growing strategic merger and acquisition operations will promote the expansion of the target market..
Global Endosurgery Devices Industry Segment Analysis
Endosurgery Devices Market By Product
· Endomechanical Electrosurgical Devices
o Trocars
o Staplers
o Ligation Kits
o Others
· Electrosurgical Devices
o Generators
o Consumables
Endosurgery Devices Market By Application
· Abdominal Surgery
· Thoracic Surgery
· Gynecology Surgery
· Colorectal Surgery
· Bariatric Surgery
· Transplant Surgery
· Others
Endosurgery Devices Market By End-Use
· Hospitals & Ambulatory Surgical Centers
· Specialty Clinics & Nursing Homes
Endosurgery Devices Market Leading Companies
This section of the study honors the market's top vendors Stryker, KARL STORZ SE & Co. KG, Ethicon, Inc., Olympus Corporation, Erbe Elektromedizin GmbH, Medtronic, Healthium Medtech, Conmed Corporation, Meril Life Science Pvt. Ltd, and Reach Surgical.
Endosurgery Devices Market Regions
North America
· U.S.
· Canada
Europe
· U.K.
· Germany
· France
· Spain
· Rest of Europe
Latin America
· Brazil
· Mexico
· Rest of Latin America
Asia-Pacific
· China
· Japan
· India
· Australia
· South Korea
· Rest of Asia-Pacific
Middle East & Africa
· GCC
· South Africa
· Rest of Middle East & Africa