Colonoscopes Market Size by Segments, Share, Regulatory, Reimbursement, Procedures, Installed Base and Forecast to 2033

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Published: December 14, 2023 Report Code: GDME589MM-ST

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Colonoscopes Market Report Overview

The colonoscopes market size was $4.91 billion in 2023. The market is expected to grow at a CAGR of more than 7% during 2023-2033. A colonoscope is a forward-viewing endoscope designed for the examination of the entire colon and terminal ileum. A colonoscope consists of a long and thin flexible tube with a miniature camera and light source at its distal end. The distal part of the insertion tube is flexible enough to allow the colonoscope to travel through the angulated areas of the colon.

Colonoscopes Market Outlook, 2023-2033 ($ Billion)

Colonoscopes Market Outlook, 2023-2033 ($ Billion)

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The Colonoscopes market research report has built to visualize quantitative market trends within endoscopy devices therapeutic area. It discusses in detail the impact of COVID-19 on the colonoscopes market for the year 2020 and beyond.

Market Size (2023) $4.91 billion
CAGR (2023-2033) >7%
Forecast Period 2023-2033
Historical Period 2015-2022
Key Segments ·        Flexible Non-Video (Fibre) Colonoscopes

·        Flexible Video Colonoscopes
Key Regions ·        North America

·        Europe

·        Asia Pacific

·        South Central America

·        Middle East and Africa
Leading Companies ·        Olympus Corp

·        Fujifilm Holdings Corp

·        Hoya Corp

·        KARL STORZ SE & Co KG

·        SonoScape Medical Corp
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Colonoscopes Market Dynamics

Colorectal cancer is one of the leading causes of cancer-related mortality and is on the rise. It is the most frequent malignant disease of the gastrointestinal tract, the third most common cancer in men, the second most common cancer in women. Screening can reduce prevent the development of colorectal cancer and related deaths. Colonoscopy is an established method for screening patients for colorectal cancer.

The colonoscope market will continue transitioning from flexible non-video to flexible video colonoscopes. With the rise in aging populations and the increasing prevalence of colorectal cancer, it is expected that the colonoscopes market will increase throughout the forecast period.

Colonoscopes Market Segments

The key segments in the colonoscopes market are Flexible Non-Video (Fibre) Colonoscopes and Flexible Video Colonoscopes. In 2023, Flexible Video Colonoscopes led the colonoscopes market. Flexible Video Colonoscopes have a video camera that uses a tiny, optically sensitive computer chip at the distal end. The video camera sends electronic signals from the scope to a computer which displays the image on a large video screen.

Colonoscopes Market Analysis by Segments, 2023 (%)

Colonoscopes Market Analysis by Segments, 2023 (%)

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Colonoscopes Market Segmentation by Regions

The key regions in the colonoscopes market are North America, Europe, Asia Pacific, South Central America, and the Middle East and Africa. In 2023, Europe had the largest market for colonoscopes and will retain this position throughout the forecast period. Flexible video colonoscopes dominated the European colonoscopes market. Within Europe, Germany was the largest share of the colonoscopes market in 2023.

Colonoscopes Market Analysis by Regions, 2023 (%)

Colonoscopes Market Analysis by Regions, 2023 (%)

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Colonoscopes Market - Competitive Landscape

A few of the leading companies in the colonoscopes market are:

  • Olympus Corp
  • Fujifilm Holdings Corp
  • Hoya Corp
  • KARL STORZ SE & Co KG
  • SonoScape Medical Corp

Olympus Corp dominated the market in 2023. Fujifilm Holdings Corp also had significant share in the market.

Colonoscopes Market Analysis by Companies, 2023 (%)

Colonoscopes Market Analysis by Companies, 2023 (%)

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Segments Covered in the Report

Colonoscopes Segments Outlook (Value, $ Billion, 2015-2033)

  • Flexible Non-Video (Fibre) Colonoscopes
  • Flexible Video Colonoscopes

Colonoscopes Regional Outlook (Value, $ Billion, 2015-2033)

  • North America
  • Europe
  • Asia Pacific
  • South Central America
  • Middle East & Africa

Key Inclusions

Currently marketed Colonoscopes and evolving competitive landscape:

  • Insightful review of the key industry trends.
  • Annualized total Colonoscopes market revenue by segment and market outlooks from 2015-2033.
  • Market-level data on units, average selling prices, and market values.

Global, Regional, and Country level market specific insights:

  • Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
  • SWOT analysis for the Colonoscopes market.
  • Competitive dynamics insights and trends provided for the Colonoscopes market.

Get an in-depth understanding of consumer behavior through the market access segment and the overview of the healthcare system. The report also offers information on reimbursement policies and the regulatory landscape.

  • Country-specific overview of the healthcare system.
  • Country-specific reimbursement policies.
  • Country-specific medtech regulatory landscape.

Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, the report helps determine market trends through real-world data sources including government procedure databases, hospital purchasing databases, and proprietary online databases.

Companies covered: Olympus Corp, Fujifilm Holdings Corp, PENTAX Medical Co, KARL STORZ SE & Co KG, SonoScape Medical Corp, EndoChoice Inc, SMART Medical Systems Ltd, and Others.

Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.

Scope

This report provides:

  • Insightful review of the key industry trends.

  • Annualized total Colonoscopes market revenue by segment and market outlooks.

  • Market-level data on units, average selling prices, and market values.

  • Global, regional, and country-level market-specific insights including qualitative market-specific information with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.

  • SWOT analysis for the Colonoscopes market.

  • Competitive dynamics insights and trends provided for the Colonoscopes market.

  • Country-specific overview of the healthcare system.

  • Country-specific reimbursement policies.

  • Country-specific medtech regulatory landscape.

Reasons to Buy

  • Understand the impact of COVID-19 on the Colonoscopes market.

  • Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.

  • Develop business strategies by understanding the trends shaping and driving the Colonoscopes market.

  • Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Colonoscopes market in the future.

  • Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company share of market leaders.

  • Identify emerging players with potentially strong product portfolios and create effective counterstrategies to gain a competitive advantage.

  • Track device sales in the global and country-specific Colonoscopes market from 2015-2033.

  • Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.

Olympus Corp
Fujifilm Holdings Corp
PENTAX Medical Co
KARL STORZ SE & Co KG
SonoScape Medical Corp
EndoChoice Inc
SMART Medical Systems Ltd
Others

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