Sigmoidoscopes Market Size by Segments, Share, Regulatory, Reimbursement, Procedures, Installed Base and Forecast to 2033
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Sigmoidoscopes Market Report Overview
The Sigmoidoscopes market size was valued at $24.6 million in 2023 and is expected to register a negative CAGR of more than 5% during 2023-2033. Sigmoidoscopes are used to perform a minimally invasive examination of the rectum, sigmoid, and proximal colon. These devices usually consist of an outer sheath, a lighting system, and a working channel for catheters and operative devices.
Sigmoidoscopes Market Outlook 2023-2023 ($ Million)
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The Sigmoidoscopes market research report explains the market behavior, which will help identify quantitative market trends within the Endoscopy Devices therapeutic area. The model discusses in detail the impact of COVID-19 on the Sigmoidoscopes market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing in-licensing and out-licensing strategies.
Market Size (2023) | $24.6 Million |
CAGR (2023-2033) | <(5)% |
Historic Period | 2015-2023 |
Forecast Period | 2023-2033 |
Key Segments | · Flexible Sigmoidoscopes |
Key Regions |
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Key Companies |
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Sigmoidoscopes Market Dynamics
Factors such as the need for regular check-ups for aging populations that require sigmoidoscopy of the colon and rectum will drive the sigmoidoscopes market growth. In addition, the increasing number of non-surgical procedures that require sigmoidoscopy will also fuel the demand for sigmoidoscopes. However, the number of sigmoidoscopes installed in hospitals and ASCs is steadily decreasing owing to the increasing number of procedures that use colonoscopes instead of sigmoidoscopes. This may challenge the market growth in the coming years.
Sigmoidoscopes Market Segments
The Sigmoidoscopes market consists of flexible Sigmoidoscopes. Flexible Sigmoidoscopes have a flexible insertion tube with an eye-piece for visualization. It may or may not have an add-on camera facility to take images of the target location.
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Sigmoidoscopes Market Segmentation by Regions
The key regions in the Sigmoidoscopes market are Asia-Pacific, Europe, the Middle East and Africa, North America, and South and Central America. In 2023, Europe had the largest market for Sigmoidoscopes and is expected to retain this position throughout the forecast period. Within Europe, Germany had the largest share of the market.
Sigmoidoscopes Market Analysis by Regions, 2023 (%)
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Sigmoidoscopes Market – Competitive Landscape
The key companies in the Sigmoidoscopes market are:
- Fujifilm Holdings Corp
- PENTAX Medical Co
- KARL STORZ SE & Co KG
In 2023, Fujifilm Holdings Corp accounted for the highest Sigmoidoscopes market share, followed by PENTAX Medical Co.
Sigmoidoscopes Market Analysis by Companies, 2023 (%)
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Segments Covered in this Report
Sigmoidoscopes Segment Outlook ($ Million, 2015-2033)
- Flexible Sigmoidoscopes
Sigmoidoscopes Regional Outlook ($ Million, 2015-2033)
- Asia-Pacific
- Europe
- Middle East and Africa
- North America
- South and Central America
Key Inclusions of the market model are –
Currently marketed Sigmoidoscopes market and evolving competitive landscape:
- Insightful review of the key industry trends.
- Annualized total Sigmoidoscopes 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 Sigmoidoscopes market.
- Competitive dynamics insights and trends provided for the Sigmoidoscopes market.
Understand the market by getting the veritable big picture, including an overview of the healthcare system. In addition, the Market Access segment allows you to delve deeper into market dynamics with 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, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered: Fujifilm Holdings Corp, Hoya Corp, KARL STORZ SE & Co KG, 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 Sigmoidoscopes 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 Sigmoidoscopes market.
- Competitive dynamics insights and trends provided for the Sigmoidoscopes 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 Sigmoidoscopes.
- 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 Sigmoidoscopes.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Sigmoidoscopes market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
- Track sales in the global and country-specific Sigmoidoscopes 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.
Frequently asked questions
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What was the Sigmoidoscopes market size in 2023?
The Sigmoidoscope market size was valued at $24.6 million in 2023.
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What will the Sigmoidoscopes market growth rate be during the forecast period?
The Sigmoidoscopes market is expected to register a negative CAGR of more than 5% during 2023-2033.
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Which region dominated the Sigmoidoscopes market in 2023?
Europe was the highest contributor in terms of revenue in the Sigmoidoscopes market in 2023.
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Which are the key companies operating in the Sigmoidoscopes market?
The key companies in the Sigmoidoscopes market are Fujifilm Holdings Corp, PENTAX Medical Co, KARL STORZ SE & Co KG, and others.
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