Saudi Arabia Endoscopy Devices Market Size and Forecasts (2020 - 2030), Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Product (Endoscopes, Visualization Systems, Accessories, and Other Endoscopy Devices), Application (Gastroscopy, Laparoscopy, Arthroscopy, Urology Endoscopy, Bronchoscopy, Laryngoscopy, Otoscopy, and Others), and End User (Hospitals, Ambulatory Surgical Centers, and Others)

The Saudi Arabia endoscopy devices market size is projected to grow from US$ 470.79 million in 2022 to US$ 746.18 million by 2030; it is anticipated to record a CAGR of 5.9% from 2022 to 2030. 

Market Insights and Analyst View:

An endoscope can be inserted into the openings of the body. For example, during a bronchoscopy, the scope is introduced through natural openings such as mouth, whereas in a sigmoidoscopy, it is inserted through the rectum. The device is used to visually examine internal organs and accordingly diagnose the medical conditions; it is employed in minimally invasive surgical procedures. The device usually comes with a light source. A medical procedure performed using any type of endoscope is called an endoscopy. Key factors driving the Saudi Arabia endoscopy devices market growth include the surging preference for minimally invasive surgeries and the increasing prevalence of cancer. However, risks of infections associated with endoscopic procedures hinder the market growth.

Growth Drivers and Restraints:

The major advantages of minimally invasive surgeries (MIS) over traditional surgical procedures include less post-operative pain, faster recovery, and reduced trauma and pain. Moreover, patients undergoing MIS need hospitalization for a relatively shorter span as minimal cuts or stitches are involved; moreover, patients need not visit the hospital frequently after the procedure. The growing preference for MIS significantly benefits the endoscopy devices market.

According to the article "Endoscopic Transnasal Approach to Petrous Apex," published in May 2022 in Frontiers Journal, endoscopy systems based on MIS methodology are employed to diagnose any disease or infection inside the body. Traditionally, most anatomical sites that are difficult to observe by microscope can be exposed through endoscopic-assisted procedures. Endoscopic devices adjust angles to aid better visibility into the surrounding anatomical structure through the natural human foramen. This can provide surgeons with an open visual field and an operation channel without retraction, significantly improving the overall surgical procedure. Additionally, healthcare providers, including surgeons and gastroenterologists, have increasingly embraced minimally invasive endoscopic techniques, which encourages them to invest in specialized training programs to perform these procedures effectively. For instance, in October 2022, MaxMoreSpine provided full hands-on training on the endoscopic spine surgery technique with the MaxMoreSpine system in Riyadh, Saudi Arabia. Thus, the growing expertise among physicians leads to a broad-scale adoption of minimally invasive endoscopic procedures across different medical specialties, thereby bolstering the demand for advanced endoscopy devices.

An increase in the prevalence of cancer drives the demand for endoscopy devices. These devices are used as vital tools for diagnosis (in biopsies), treatment, and monitoring during cancer treatments. Endoscopy procedures enable the early detection and diagnosis of various types of cancers, including esophageal, pancreatic, colorectal, and stomach cancer. Through the use of endoscopes and imaging technologies, healthcare providers can visualize the internal structures of organs to identify abnormalities, lesions, and early-stage tumors, thereby facilitating timely intervention and improved treatment outcomes.

On the other hand, the risk of infections associated with endoscopic procedures hampers the market growth. Endoscopes are generally compact and closed units operated by a broad spectrum of staff members, including endoscopists, nursing staff, technicians, anesthetists, and hospital attendants; patients awaiting various treatments; and many small and large equipment providers. Patients with a high viral load in their respiratory secretions can contaminate the endoscopic air and fomites with viruses that can survive for longer periods, placing uninfected patients and endoscopy staff at risk. Viral infections can be transmitted from person to person through direct contact or respiratory droplets; the generation of infected aerosols during endoscopy; or contact with contaminated endoscopic devices, accessories, and body fluids. Endoscopic procedures such as gastroscopy, colonoscopy, and endoscopic retrograde cholangiopancreatography are performed daily. Endoscopists work on the gastrointestinal lumen from a close distance; hence, they are exposed to several infections associated with respiratory tracts, oropharynx, and gastrointestinal systems. Along with professionals appointed in endoscopic units, medical staff from other departments are also susceptible to contracting a viral infection.

Contaminated endoscopes have been associated with many outbreaks of device-related nosocomial infections in the past. Although flexible endoscopes can be disinfected, they cannot be sterilized after use. This implies the risk of settlement of biofilm-producing species. Thus, the application of endoscopic devices in various procedures is limited by the risk of infections associated with endoscopic devices.

Saudi Arabia Endoscopy Devices MarketReport Scope

Saudi Arabia Endoscopy Devices Market Report Scope

The List of Companies - Saudi Arabia Endoscopy Devices Market

1. Boston Scientific Corp
2. Medtronic Plc      
3. Stryker Corp       
4. Johnson & Johnson
5. Karl Storz SE & Co KG
6. Olympus Corp     
7. Ambu AS            
8. Conmed Corp     
9. B Braun SE         
10. PENTAX Medical

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Saudi Arabia endoscopy devices market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
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• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth Saudi Arabia market trends and outlook coupled with the factors driving the Saudi Arabia endoscopy devices market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.