Saudi Arabia Endoscopy Devices Market By Type (Rigid Endoscopes, Flexible Endoscopes, Capsule Endoscopy, Disposable Endoscopes, Others), By Application (Gastrointestinal Endoscopy, Laparoscopy, Bronchoscopy, Obstetrics/Gynecology Endoscopy, Others), By End User (Hospitals & Clinics, Diagnostic Centers, Others), By Region, Competition Forecast & Opportunities, 2027
Published on: 2024-10-25 | No of Pages : 320 | Industry : Healthcare
Publisher : MIR | Format : PDF&Excel
Saudi Arabia Endoscopy Devices Market By Type (Rigid Endoscopes, Flexible Endoscopes, Capsule Endoscopy, Disposable Endoscopes, Others), By Application (Gastrointestinal Endoscopy, Laparoscopy, Bronchoscopy, Obstetrics/Gynecology Endoscopy, Others), By End User (Hospitals & Clinics, Diagnostic Centers, Others), By Region, Competition Forecast & Opportunities, 2027
Saudi Arabia endoscopy devices market is bound to experience impressive growth with anticipated CAGR in the forecast period, 2023-2027, on the account of increasing instances of stomach diseases. Increasing cases of stomach cancer, and demand for minimally invasive devices further drive the growth of the Saudi Arabia endoscopy devices market in the upcoming five years.
Endoscopy is medical procedure that involves inserting a related medical device inside the body to identify and diagnose root causes of certain systems, mostly inside the gastrointestinal tract. These medical devices are termed as endoscopic devices. The devices usually consist of a flexible tube with attached camera at the end of the tube, that takes pictures and projects them through the sensors on the film screens. Various diseases and conditions like anemia, bleeding, inflammation, diarrhea or cancers of the digestive system are diagnosed using endoscopic devices.
Increasing Instances of Stomach Cancer Drives Market Growth
Instances of gastric cancer is actively increasing among the population of the Kingdom of Saudi Arabia. Stomach cancer is the third largest cause of cancer type that causes death and makes up to approximately 7% of deaths in the country. Thus, increasing concerns toward early diagnosis of the gastric cancer, and regular checkups and tests performed by the population with a family history of cancer further drives the growth of the Saudi Arabia endoscopy devices market in the upcoming five years.
The instances of stomach cancer are higher among the male population over female population of the country. Higher prevalence of the disease among the male population can be due to smoking and alcohol consumption rate being higher in the male population. Moreover, sedentary lifestyles and consumption of fast food regularly and irresponsibly further leads to diseases like high blood pressure, diabetes, and obesity.
Due to increasing instances of these diseases advanced endoscopic devices are required to diagnose the causes and underlying roots of the disease for the effective treatment and thus drives the growth of the Saudi Arabia endoscopy devices market in the next five years.
Technological Advancement Leads Market Growth
Consistent research and technological advancement in the medical devices like endoscopic devices, leads the market toward future growth in the upcoming five years. Demand for minimally invasive devices has led to the advancement in the endoscopy devices that are non-or minimally invasive. These devices are specifically designed to be inserted with minimal incision or through superficial cuts or laser imaging techniques.
Advancing the devices in these manners, also invites investment in the healthcare sector. Growing economy, focus on the healthcare industry and growing foreign direct investment along with the government support through financial aids, and favorable schemes are expected to further substantiate the growth of the Saudi Arabia endoscopic devices market in the forecast years.
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Market Segmentation
The Saudi Arabia endoscopy devices market is segmented by type, application, end user, competitional landscape, and regional distribution.
Market segments on the basis of end user, is further fragmented into hospitals & clinics, diagnostic centers, and others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Northern & Central region, Southern region, Eastern region, Western region.
Company Profile
Karl Storz Saudi Arabia, Ambu A/S, Hill-Rom Company, Inc., Fujifilm Saudi Arabia, Olympus Saudi Arabia, Stryker Saudi Arabia
Attribute | Details |
Base Year | 2021 |
Historical 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 | TypeApplicationEnd User |
Regional scope | Northern & Central region, Southern region, Eastern region, Western region. |
Key companies profiled | Karl Storz Saudi Arabia, Ambu A/S, Hill-Rom Company, Inc., Fujifilm Saudi Arabia, Olympus Saudi Arabia, Stryker Saudi Arabia |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, 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) |
Report Scope
In this report, Saudi Arabia
- Saudi Arabia Endoscopy Devices Market, By Type
- Rigid Endoscopes
- Flexible Endoscopes
- Capsule Endoscopy
- Disposable Endoscopes
- Others
- Saudi Arabia Endoscopy Devices Market, By Application
- Gastrointestinal Endoscopy
- Laparoscopy
- Bronchoscopy
- Obstetrics/Gynecology Endoscopy
- Others
- Saudi Arabia Endoscopy Devices Market, By End User
- Hospitals & Clinics
- Diagnostic Centers
- Others
- Saudi Arabia Endoscopy Devices Market, By Region