Video Colonoscope Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
A video colonoscope is a medical device that transmits the image of colonic mucosa to the processing center through an electronic camera probe installed at the front end of the colonoscope and displays the image on the screen. A colonoscopic examination involves gently inserting a fiber-optic colonoscope into your rectum and large intestine to view your lower gastrointestinal tract.
MARKET DYNAMICS
The significant factors driving the market growth include the growing prevalence of colorectal cancer, increasing preference for minimally invasive techniques, and technological advancements. However, the risk associated with colonoscopy procedures may hamper the demand for colonoscopy devices.
MARKET SCOPE
The "Video Colonoscope Market Analysis to 2028" is a specialized and in-depth study of the Medical Device industry with a special focus on the global market trend analysis. The report aims to provide an overview of video colonoscope market with detailed market segmentation with type and end user. The video colonoscope market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in video colonoscope market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The video colonoscope market is segmented on the basis of type and end user. On the basis of type, the video colonoscope market is divided into soft and slim type, routine diagnostic type and others. Based on end user, the video colonoscope market can be segmented as adult and pediatric.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the video colonoscope market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The video colonoscope market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyses factors affecting video colonoscope market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the video colonoscope market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the video colonoscope market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The video colonoscope market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyses factors affecting video colonoscope market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the video colonoscope market in these regions.
MARKET PLAYERS
The report covers key developments in video colonoscope market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from video colonoscope market are anticipated to have lucrative growth opportunities in the future with the rising demand for video colonoscopes in the global market. Below mentioned is the list of few companies engaged in the video colonoscope market.
The report also includes the profiles of key players in video colonoscope market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered financial information of last 3 years, key development in past five years.
- Ana-Med
- EndoMed Systems
- Huger Endoscopy Instruments Co., Ltd.
- SonoScape Medical Corp.
- KARL STORZ SE & Co. KG
- Boston Scientific Corporation,
- Olympus Corporation
- FUJIFILM Corporation
- Hoya Corporation
- PENTAX Medical
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
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Country Scope
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1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Video Colonoscope Market - By Type
1.3.2 Video Colonoscope Market - By End User
1.3.3 Video Colonoscope Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. VIDEO COLONOSCOPE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. VIDEO COLONOSCOPE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. VIDEO COLONOSCOPE MARKET - GLOBAL MARKET ANALYSIS
6.1. VIDEO COLONOSCOPE - GLOBAL MARKET OVERVIEW
6.2. VIDEO COLONOSCOPE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. VIDEO COLONOSCOPE MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SOFT AND SLIM TYPE
7.3.1. Overview
7.3.2. Soft and Slim Type Market Forecast and Analysis
7.4. ROUTINE DIAGNOSTIC TYPE
7.4.1. Overview
7.4.2. Routine Diagnostic Type Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. VIDEO COLONOSCOPE MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. ADULT
8.3.1. Overview
8.3.2. Adult Market Forecast and Analysis
8.4. PEDIATRIC
8.4.1. Overview
8.4.2. Pediatric Market Forecast and Analysis
9. VIDEO COLONOSCOPE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Video Colonoscope Market Overview
9.1.2 North America Video Colonoscope Market Forecasts and Analysis
9.1.3 North America Video Colonoscope Market Forecasts and Analysis - By Type
9.1.4 North America Video Colonoscope Market Forecasts and Analysis - By End User
9.1.5 North America Video Colonoscope Market Forecasts and Analysis - By Countries
9.1.5.1 United States Video Colonoscope Market
9.1.5.1.1 United States Video Colonoscope Market by Type
9.1.5.1.2 United States Video Colonoscope Market by End User
9.1.5.2 Canada Video Colonoscope Market
9.1.5.2.1 Canada Video Colonoscope Market by Type
9.1.5.2.2 Canada Video Colonoscope Market by End User
9.1.5.3 Mexico Video Colonoscope Market
9.1.5.3.1 Mexico Video Colonoscope Market by Type
9.1.5.3.2 Mexico Video Colonoscope Market by End User
9.2. EUROPE
9.2.1 Europe Video Colonoscope Market Overview
9.2.2 Europe Video Colonoscope Market Forecasts and Analysis
9.2.3 Europe Video Colonoscope Market Forecasts and Analysis - By Type
9.2.4 Europe Video Colonoscope Market Forecasts and Analysis - By End User
9.2.5 Europe Video Colonoscope Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Video Colonoscope Market
9.2.5.1.1 Germany Video Colonoscope Market by Type
9.2.5.1.2 Germany Video Colonoscope Market by End User
9.2.5.2 France Video Colonoscope Market
9.2.5.2.1 France Video Colonoscope Market by Type
9.2.5.2.2 France Video Colonoscope Market by End User
9.2.5.3 Italy Video Colonoscope Market
9.2.5.3.1 Italy Video Colonoscope Market by Type
9.2.5.3.2 Italy Video Colonoscope Market by End User
9.2.5.4 Spain Video Colonoscope Market
9.2.5.4.1 Spain Video Colonoscope Market by Type
9.2.5.4.2 Spain Video Colonoscope Market by End User
9.2.5.5 United Kingdom Video Colonoscope Market
9.2.5.5.1 United Kingdom Video Colonoscope Market by Type
9.2.5.5.2 United Kingdom Video Colonoscope Market by End User
9.2.5.6 Rest of Europe Video Colonoscope Market
9.2.5.6.1 Rest of Europe Video Colonoscope Market by Type
9.2.5.6.2 Rest of Europe Video Colonoscope Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Video Colonoscope Market Overview
9.3.2 Asia-Pacific Video Colonoscope Market Forecasts and Analysis
9.3.3 Asia-Pacific Video Colonoscope Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Video Colonoscope Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Video Colonoscope Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Video Colonoscope Market
9.3.5.1.1 Australia Video Colonoscope Market by Type
9.3.5.1.2 Australia Video Colonoscope Market by End User
9.3.5.2 China Video Colonoscope Market
9.3.5.2.1 China Video Colonoscope Market by Type
9.3.5.2.2 China Video Colonoscope Market by End User
9.3.5.3 India Video Colonoscope Market
9.3.5.3.1 India Video Colonoscope Market by Type
9.3.5.3.2 India Video Colonoscope Market by End User
9.3.5.4 Japan Video Colonoscope Market
9.3.5.4.1 Japan Video Colonoscope Market by Type
9.3.5.4.2 Japan Video Colonoscope Market by End User
9.3.5.5 South Korea Video Colonoscope Market
9.3.5.5.1 South Korea Video Colonoscope Market by Type
9.3.5.5.2 South Korea Video Colonoscope Market by End User
9.3.5.6 Rest of Asia-Pacific Video Colonoscope Market
9.3.5.6.1 Rest of Asia-Pacific Video Colonoscope Market by Type
9.3.5.6.2 Rest of Asia-Pacific Video Colonoscope Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Video Colonoscope Market Overview
9.4.2 Middle East and Africa Video Colonoscope Market Forecasts and Analysis
9.4.3 Middle East and Africa Video Colonoscope Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Video Colonoscope Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Video Colonoscope Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Video Colonoscope Market
9.4.5.1.1 South Africa Video Colonoscope Market by Type
9.4.5.1.2 South Africa Video Colonoscope Market by End User
9.4.5.2 Saudi Arabia Video Colonoscope Market
9.4.5.2.1 Saudi Arabia Video Colonoscope Market by Type
9.4.5.2.2 Saudi Arabia Video Colonoscope Market by End User
9.4.5.3 U.A.E Video Colonoscope Market
9.4.5.3.1 U.A.E Video Colonoscope Market by Type
9.4.5.3.2 U.A.E Video Colonoscope Market by End User
9.4.5.4 Rest of Middle East and Africa Video Colonoscope Market
9.4.5.4.1 Rest of Middle East and Africa Video Colonoscope Market by Type
9.4.5.4.2 Rest of Middle East and Africa Video Colonoscope Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Video Colonoscope Market Overview
9.5.2 South and Central America Video Colonoscope Market Forecasts and Analysis
9.5.3 South and Central America Video Colonoscope Market Forecasts and Analysis - By Type
9.5.4 South and Central America Video Colonoscope Market Forecasts and Analysis - By End User
9.5.5 South and Central America Video Colonoscope Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Video Colonoscope Market
9.5.5.1.1 Brazil Video Colonoscope Market by Type
9.5.5.1.2 Brazil Video Colonoscope Market by End User
9.5.5.2 Argentina Video Colonoscope Market
9.5.5.2.1 Argentina Video Colonoscope Market by Type
9.5.5.2.2 Argentina Video Colonoscope Market by End User
9.5.5.3 Rest of South and Central America Video Colonoscope Market
9.5.5.3.1 Rest of South and Central America Video Colonoscope Market by Type
9.5.5.3.2 Rest of South and Central America Video Colonoscope Market by End User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. VIDEO COLONOSCOPE MARKET, KEY COMPANY PROFILES
11.1. ANA-MED
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ENDOMED SYSTEMS
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. HUGER ENDOSCOPY INSTRUMENTS CO., LTD.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. SONOSCAPE MEDICAL CORP.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. KARL STORZ SE AND CO. KG
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. BOSTON SCIENTIFIC CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. OLYMPUS CORPORATION
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. FUJIFILM CORPORATION
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. HOYA CORPORATION
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. PENTAX MEDICAL
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Ana-Med
2. EndoMed Systems
3. Huger Endoscopy Instruments Co., Ltd.
4. SonoScape Medical Corp.
5. KARL STORZ SE and Co. KG
6. Boston Scientific Corporation
7. Olympus Corporation
8. FUJIFILM Corporation
9. Hoya Corporation
10. PENTAX Medical
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.