Pediatric Endoscopy Devices and Equipment Market Size & Share, by Type {Devices (Flexible, Rigid, Capsule), Equipment (Biopsy Forceps, Polypectomy Devices, Endoscopic Retrieval Devices, Homeostatic Devices)}; and by Application (General Medical & Surgical Hospitals, Specialty Hospitals, Clinics) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 2939
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Pediatric Endoscopy Devices and Equipment Market size is anticipated to grow at substantial growth rate during the forecast period i.e., between 2024-2036. 

Increasing demand for pediatric endoscopy, along with the growing investment in endoscopy facilities are expected to fuel the progress of this market. The growth of the market can also be attributed to factors such as advancements in technology on a global level. According to the analysis of North American Society of Gastroenterology, Hepatology and Nutrition, pediatric endoscopy has been established as a safe and effective procedure for diagnosis and management of many pediatric diseases.


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Pediatric Endoscopy Devices and Equipment Sector: Growth Drivers and Challenges

Growth Drivers

  • Increasing Demand for Pediatric Endoscopy
  • Growing Investment in Endoscopy Facilities

Challenges

  • High Cost of Endoscopic Procedures
  • Limited Reimbursements in Lower Income Regions

Pediatric Endoscopy Devices and Equipment Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Pediatric Endoscopy Devices and Equipment Segmentation

The pediatric endoscopy devices and equipment market is segmented based on type into devices (flexible, rigid, capsule) and equipment (biopsy forceps, polypectomy devices, endoscopic retrieval devices, homeostatic devices and others), out of which, the devices segment is anticipated to grab the largest share by the end of 2029 on account of increased use of flexible endoscopes among medical professionals. Moreover, flexible endoscopes are highly efficient and safe to use, which is also projected to contribute to the growth of the segment during the forecast period.

On the basis of application, the general medical & surgical hospitals segment in the pediatric endoscopy devices and equipment market is projected to grow with a significant CAGR over the forecast period. The growth of the segment can be attributed to the fact that general medical and surgical hospitals have strong financial capabilities for purchasing expensive and large quantity of pediatric endoscopy devices and equipment at the same time along with availability of trained healthcare providers to operate these devices

 

Our in-depth analysis of the global market includes the following segments:

           Type

  • Devices
    • Flexible
    • Rigid
    • Capsule
  • Equipment
    • Biopsy Forceps
    • Polypectomy Devices
    • Endoscopic Retrieval Devices
    • Homeostatic Devices
    • Others

             Application

  • General Medical & Surgical Hospitals
  • Specialty Hospitals
  • Clinics
  • Others

           Application

  • Biomedical Research
    • Cancer Research
    • Immunology
    • Stem Cell Research
    • Neurobiology
  • Therapeutics
    • Regenerative Medicine
    • Cell Therapy
    • Transplantation
  • Diagnostics
  • Protein Therapeutics Production
  • Others

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Pediatric Endoscopy Devices and Equipment Industry - Regional Synopsis

Geographically, the pediatric endoscopy devices and equipment market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa region. The market in the Asia Pacific industry is likely to dominate majority revenue share by 2036, owing to high birth rate, and increase in awareness about technological advancements. Furthermore, the market in North America is evaluated to occupy the largest share in terms of revenue during the forecast period, owing to the growing preference for minimally invasive surgeries in the region. Along with this, North America also leads in terms of healthcare infrastructure, which is expected to contribute to the market growth in the region. Alternatively, the market in Europe is also anticipated to occupy a significant share in the pediatric endoscopy devices and equipment market on account of its growing preference for technologically innovative endoscopes and preference for minimally invasive surgeries. According to National Center for Biotechnology Information, the incidence of pediatric disorders such as inflammatory bowel disease, coeliac disease, eosinophilic oesophagitis is continuously increasing in European countries which consequently needs pediatric endoscopy for diagnosis and treatment.

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Companies Dominating the Pediatric Endoscopy Devices and Equipment Landscape

    • Olympus
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Karl Storz
    • Stryker
    • Boston Scientific
    • Ethicon
    • Medtronic
    • Richard Wolf GmbH
    • Cook Medical
    • Cogentix Medical

Author Credits:  Radhika Pawar


  • Report ID: 2939
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for pediatric endoscopy and growing investment in endoscopy facilities are the key factors driving market growth.

The market is anticipated to attain a moderate CAGR over the forecast period, i.e., 2021-2029.

High cost of endoscopic procedures and limited reimbursements in lower income regions are estimated to hamper market growth.

The market in Asia Pacific region will provide ample growth opportunities owing to high birth rate and increase in awareness about technological advancements.

The major players dominating the pediatric endoscopy devices and equipment market are Olympus, Karl Storz, Strykers, Boston Scientific, and Ethicon among others.
Pediatric Endoscopy Devices and Equipment Market Report Scope
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