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Rigid Endoscopes Market Trends

  • Report ID: GMI6259
  • Published Date: Jul 2023
  • Report Format: PDF

Rigid Endoscopes Market Trends

The growing popularity of minimally invasive therapies has had a significant impact on the growth and utilization of rigid endoscopes. Surging prevalence of chronic disorders across the globe  have led to a rise in surgical intervention, thereby propelling the demand for minimally invasive treatment incorporating the use of rigid endoscopy devices. The implementation of these devices for chronic disease treatment offers better patient compliance as well as aids in delivering optimal outcomes. Reduced surgical complications, rapid recovery, shorter stay in the hospitals, and effective management of postsurgical pain are the factors accelerating the demand for minimally invasive treatments, thereby driving the growth of the rigid  endoscopes market worldwide.
 

Ongoing advancements have favoured the evolution of endoscopy procedures that are associated with a less invasive nature in the treatment of chronic ailments. The emergence of the Enhanced recovery after surgery (ERAS) initiative for utilizing multimodal interventions during the perioperative period to facilitate faster recovery will promote the preference for less invasive surgeries among patients. Moreover, the rising preference and awareness pertaining to minimally invasive surgical techniques among the exponentially growing aging population in the region are expected to augment the market growth. Thus, owing to the aforementioned factors, the surge in demand for minimally invasive surgeries is anticipated to propel the market expansion positively.

Authors: Mariam Faizullabhoy , Shishanka Wangnoo

Frequently Asked Questions (FAQ) :

Rigid endoscopes industry size was worth around USD 9.1 billion in 2022 and is estimated to surpass USD 17.4 billion by 2032 attributed to the high prevalence of chronic ailments coupled with the rising geriatric population.

Rigid endoscopes market size from the video endoscopes segment generated more than USD 5 billion in 2022 and is set to depict lucrative gains through 2032 owing to their increasing demand and surging awareness in the early-stage diagnosis of multiple chronic health conditions.

U.S. market for rigid endoscopes is poised to expand at a considerable pace to reach around USD 6.7 billion by 2032 driven by the presence of major business players coupled with the high prevalence of gastrointestinal diseases.

Some of the top companies in the rigid endoscopes business are B Braun Melsungen AG, Boston Scientific Corporation, Conmed Corporation, Cook Medical, Ethicon, and Fujifilm Holdings Corporation among others.

Rigid Endoscopes Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 14
  • Tables & Figures: 610
  • Countries covered: 22
  • Pages: 180
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