Increasing adoption of minimally invasive spine surgery among patients in the U.S. is also likely to stimulate market growth.
Market Size – USD 6.57 billion in 2018, Market Growth - CAGR of 5.6%, Market Trends – Increased adoption across various applications
The global Endoscopic Operative Devices market is expected to reach USD 10.13 billion by 2026, according to a new report by Reports and Data. Endoscopy has also gained importance for minimally invasive surgeries. For instance: Over the years, endoscopic spine surgeries have witnessed a rising trend. In case of this surgery, patients are provided with quicker recovery and less pain than traditional spine surgery. Moreover, other benefits such as minimal or no blood loss, faster recovery and preservation of spinal mobility have also led to a wider acceptance of this method.
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/press-release/global-endoscopic-operative-devices-market
Further key findings from the report suggest
- Laparoscopy Surgeries is expected to account for largest share of global endoscopic operative devices application market. The segment is expected to reach USD 3661.5 million in 2026. Gastrointestinal (GI) endoscopy surgeries account for a significant share of the laparoscopy surgeries segment. GI endoscopy is majorly used for diagnosing problems associated with the GI tract of such as ulcers or muscle spasms. While the upper GI endoscopy involves diagnosis of the esophagus, stomach and the upper small bowel called duodenum, colonoscopy involves diagnosis of inflamed mucous lining of intestines, abnormal growths and bleeding in the colon.
- Asia Pacific market is forecasted to grow at a CAGR of 6.2% in the coming years. Over the last decade, there has been an increase in the incidence of cancer in China. A 2015 report suggested that cancer was the leading cause of death in China and a major public health problem. Among the 5 most common cancer diagnosed in men are cancers of the lung and bronchus, stomach, esophagus, liver, and colorectal
- Key participants include Boston Scientific Corporation, Medtronic plc. Ethicon Endo-Surgery, Inc , Fujifilm Holdings Corporation Stryker Corporation, Smith & Nephew PLC, Olympus Corporation, HOYA Corporation, Intuitive Surgical, Inc , Cook Medical, Inc.
For the purpose of this report, Reports and Data have segmented global Endoscopic Operative Devices on the basis of Type, Applications and Region:
Type (Revenue, USD Million; 2018–2026)
- Energy Systems
- Suction/Irrigation Systems
- Access Devices
- Operative Hand Instruments
- Others (Insufflation Devices, Wound Protectors, Snares)
Applications (Revenue, USD Million; 2018–2026)
- Urology/Gynecology Surgeries
- ENT Surgeries
- Neuro/Spinal Surgeries
- Laparoscopy Surgeries
- Others
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Regional Outlook (Revenue, USD Million; 2018–2026)
- North America
- U.S.
- Europe
- Germany
- France
- UK
- Netherlands
- Switzerland
- Italy
- Asia Pacific
- China
- India
- Japan
- South Korea
- Middle East & Africa
- Latin America
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