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Endoscopy Fluid Management Market Size

  • Report ID: GMI4281
  • Published Date: Jan 2024
  • Report Format: PDF

Endoscopy Fluid Management Market Size

Endoscopy Fluid Management Market size was valued at around USD 866.6 million in 2023 and is expected to expand at a CAGR of 7.2% from 2024 to 2032. This robust market growth can be attributed to factors such as the increasing prevalence of chronic diseases requiring endoscopic procedures coupled with the rising demand for minimally invasive procedures.

 

As the number of individuals diagnosed with chronic conditions continues to rise, there is a corresponding surge in the demand for diagnostic and therapeutic endoscopic interventions. For instance, according to an article published by Cleveland Clinic, in 2022, over 13 million laparoscopic procedures expected to be performed globally. Such procedures are essential for diagnosing and assessing the progression of chronic conditions. The need for accurate diagnostic information propels the demand for endoscopy fluid management systems.

 

Moreover, the growing preference for less invasive techniques leads to an increased utilization of endoscopic procedures across various medical specialties. Minimally invasive gastrointestinal procedures, such as colonoscopies and upper endoscopies, are commonly performed using endoscopy. The demand for these procedures, driven by patient preferences for less invasive options, contributes to the need for effective endoscopy fluid management.

 

Endoscopy fluid management refers to the systematic control and regulation of fluids used during endoscopic procedures. The fluid management is crucial to maintain a clear visual field, facilitating the smooth progression of the endoscope, and providing optimal conditions for various diagnostic and therapeutic interventions. The key components of endoscopy fluid management include the administration, monitoring, and removal of fluids used during endoscopic procedures.

 

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

The global endoscopy fluid management industry was valued at around USD 866.6 million in 2023 and is expected to expand at a CAGR of 7.2% during 2024-2032, attributed to the increasing prevalence of chronic diseases requiring endoscopic procedures, coupled with the rising demand for minimally invasive procedures.

The endoscopy fluid management systems segment is expected to record over 84.4% market share in 2023 and is anticipated to witness significant growth through 2032 as these systems prioritize patient safety by incorporating features that minimize the risk of fluid-related complications.

North America endoscopy fluid management industry accounted for USD 290.4 million in 2023 and is predicted to witness substantial arket growth through 2032 driven by the increasing disease prevalence, a preference for minimally invasive procedures, strong healthcare infrastructure, and adherence to regulatory standards.

Arthrex, Inc., B. Braun SE, CONMED Corporation, Hologic Inc., Johnson & Johnson, KARL STORZ SE & Co. KG, Medtronic plc, Olympus Corporation, Richard Wolf GmbH, Smith & Nephew, STERIS plc, and Stryker Corporation.

Endoscopy Fluid Management Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 211
  • Countries covered: 22
  • Pages: 170
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