United Kingdom Endoscopy Devices market is expected to register robust growth in the forecast period, 2023-2027. Endoscopes referred as minimally invasive devices that can be inserted into natural openings of the body to observe an internal organ or tissue. Endoscopic surgeries are performed under experts for imaging procedures and minor surgeries. The rising preference for minimally invasive surgeries due to escalating demand of endoscopy for treatment and diagnosis is augmenting the growth of the market. Endoscopy enables operations on more fragile patients, preferably the elderly, and treatment of more complex diseases such as cancer. Surgery, interventional radiology, and advanced endoscopy have developed minimally invasive techniques to treat numerous diseases and positively impact patients' postoperative outcomes. Growing adoption of minimally invasive surgeries and the increasing usage of numerous endoscopes in surgical procedures, including arthroscopy, bronchoscopy, laparoscopy, and cystoscopy are expected to drive the market in the coming years.
Expanding Elderly Population is Expected to Boost the Market Growth
The rising geriatric population who are more prone to suffer from chronic diseases including orthopaedic disorders, ophthalmic disorders, gastrointestinal disorders, and other disorders. With this, immunological disorders are majorly prevalent in the geriatric population which is growth-inducing factor. Gastrointestinal endoscopy including endoscopic retrograde cholangiopancreatography (ERCP), colonoscopy and esophagogastroduodenoscopy are safe and efficacious in elderly patients. Along with this, the escalating demand for technologically advanced endoscopic equipment with expanded support for endoscopic screening and care at a rapid pace drives the market growth. The shifting preference for minimally invasive procedure among the geriatric population is increasing demand and supply of endoscopic products which is anticipated to stimulate the endoscopy devices market during the forecast years.
Accurate Diagnosis of Advanced Endoscopy Equipment Fuels the Market Growth
The high-quality visualization provided by endoscopy devices allows physicians to detect, diagnose, and treat diseases efficiently is acting as significant growth-inducing factor. Growing application areas such as gynaecology and urology will continue to boost the market for endoscopy devices across the United Kingdom. The emergence of single-incision surgery and robot-assisted surgery also promotes the growth of the market. Presently, minimally invasive surgeries have been widely accepted owing to their numerous benefits, including quicker recovery, short duration of hospital stays, minimal amount of blood loss, minimized trauma, and superior patient outcomes, are projected to accelerate the growth of the endoscopy devices market.
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Market Segmentation
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. Based on application, the market is divided into gastrointestinal endoscopy, laparoscopy, bronchoscopy, obstetrics/gynecology endoscopy, and others. Based on end user, the market is segmented into
Market Players
Karl Storz United Kingdom, Boston Scientific United Kingdom, Fujifilm United Kingdom, Olympus United Kingdom, Stryker United Kingdom are the key market players operating in United Kingdom Endoscopy Devices market.
| Attribute | Details |
| Base Year | 2021 |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Type · Application · End User |
| Regional scope | London, Southeast, East Anglia, Scotland, Southwest, East Midlands, Yorkshire & Humberside, Rest of United Kingdom |
| Key companies profiled | Karl Storz United Kingdom, Boston Scientific United Kingdom, Fujifilm United Kingdom, Olympus United Kingdom, Stryker United Kingdom |
| Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
