Global Endoscopy Market Report: 2014 Edition
Endoscopy is a minimally invasive diagnostic medical procedure in which a tube like instrument, known as endoscope, is used to look inside the body and examine organs. There are many different types of endoscopes available in the market; some are flexible and rigid while few are in a form of capsule. Moreover, there exist specialized endoscopes depending on the area of the body to be examined, such as bronchoscope for airways and lungs, arthroscope for joints, laparoscope for abdomen, and colonoscope for large intestine, among others. Apart from their use in various types of surgeries, endoscopy equipments are also being used for non-surgical applications in the form of internal diagnostic tool and even for anatomical observations. Due to these multiple uses, the market continues to grow worldwide.
The development of technologically advanced endoscopic equipments in the US, Europe and Japan has resulted in steep market growth of endoscopic products in these regions, while diffusion of these products in emerging countries like China and India has just started. However, these emerging economies hold great opportunities for endoscopy market growth due to increasing income levels and improving medical infrastructure.
Factors like growing ageing demographics, increasing income levels, and rising incidence rate of other co-morbidities like obesity and diabetes are driving endoscopy market. In addition, the demand for endoscopic equipments is being increasingly driven by rising incidences of cancer cases due to their growing usage for early detection and treatment of the disease. The increasing number of endoscopic procedures due to growing preference for minimally invasive surgeries is likely to further propel the growth of the industry. The market is projected to grow further in years to come and become more specialized due to economic, social and demographic trends.
The market for endoscopy products is highly competitive with several players operating both at a global and regional level. Technological, price, and service diversities are the key factors responsible for driving competition in the market. The leading players include Olympus, Johnson & Johnson, Boston Scientific Corporation, Covidien, Stryker, Smith & Nephew, and Karl Storz, among others.
The report “Global Endoscopy Market” analyzes the development of this market, with a focus on its segments including: laparoscopy, urology endoscopy, gastrointestinal endoscopy and arthroscopy. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. The four major players in the industry, Johnson & Johnson, Olympus Corporation, Covidien, and Boston Scientific are being profiled along with their key financials and strategies for growth.
By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
The development of technologically advanced endoscopic equipments in the US, Europe and Japan has resulted in steep market growth of endoscopic products in these regions, while diffusion of these products in emerging countries like China and India has just started. However, these emerging economies hold great opportunities for endoscopy market growth due to increasing income levels and improving medical infrastructure.
Factors like growing ageing demographics, increasing income levels, and rising incidence rate of other co-morbidities like obesity and diabetes are driving endoscopy market. In addition, the demand for endoscopic equipments is being increasingly driven by rising incidences of cancer cases due to their growing usage for early detection and treatment of the disease. The increasing number of endoscopic procedures due to growing preference for minimally invasive surgeries is likely to further propel the growth of the industry. The market is projected to grow further in years to come and become more specialized due to economic, social and demographic trends.
The market for endoscopy products is highly competitive with several players operating both at a global and regional level. Technological, price, and service diversities are the key factors responsible for driving competition in the market. The leading players include Olympus, Johnson & Johnson, Boston Scientific Corporation, Covidien, Stryker, Smith & Nephew, and Karl Storz, among others.
The report “Global Endoscopy Market” analyzes the development of this market, with a focus on its segments including: laparoscopy, urology endoscopy, gastrointestinal endoscopy and arthroscopy. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. The four major players in the industry, Johnson & Johnson, Olympus Corporation, Covidien, and Boston Scientific are being profiled along with their key financials and strategies for growth.
By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
1. MARKET OVERVIEW
1.1 Introduction
1.2 Use of Endoscopy
1.3 Types of Endoscopes
1.3.1 Basic Types
1.3.2 Classification by Application
1.3.3 Classification by Visualization Systems
2. MARKET SIZE
2.1 Global Endoscopy Market
2.2 Market Segments by Application
2.2.1 Laparoscopy
2.2.2 Urology Endoscopy
2.2.3 Gastrointestinal Endoscopy
2.2.4 Arthroscopy
2.3 Market Segments by Technology
3. MARKET DYNAMICS
3.1 Key Trends
3.1.1 Diffusion of Endoscopy Market in Emerging Markets
3.2.2 Development of Endoscopic Closure Devices
3.2 Growth Drivers
3.2.1 Rising Obese Population
3.2.2 Escalating Diabetic Patient Population
3.2.3 Growing Cancer Cases
3.2.4 Growing Ageing Population
3.2.5 Increasing Global GDP
3.2.6 Widespread Adoption of Minimally Invasive Surgeries
3.3 Challenges
3.3.1 Associated Patient Risk
3.3.2 Environmental Issues
3.3.3 Regulatory Issues
3.3.4 Shortage of Endoscopy Specialists
3.4 Significant developments
3.4.1 3D Endoscopy: ENDOCAM EPIC 3D
3.4.2 OTSC (Over-The-Scope clip) System
3.4.3 The 7000 Series Vision System
3.4.4 Disposable Endoscope
3.4.5 Mirocam Capsule Endoscope
4. COMPETITIVE LANDSCAPE
4.1 Overall Endoscopy Market
4.2 Flexible Endoscope Market
4.3 Surgical Endoscope Market
5. COMPANY PROFILES
5.1 Johnson & Johnson
5.1.1 Business Overview
5.1.2 Financial Overview
5.1.3 Business Strategies
New Product Development
Increasing Global Reach
5.2 Olympus Corporation
5.2.1 Business Overview
5.2.2 Financial Overview
5.2.3 Business Strategies
Expand Sales in Emerging Markets
Growth through New Product Development
5.3 Covidien Plc
5.3.1 Business Overview
5.3.2 Financial Overview
5.3.3 Business Strategies
Emphasis on Innovation
Focus on Operational Excellence
5.4 Boston Scientific Corporation
5.4.1 Business Overview
5.4.2 Financial Overview
5.4.3 Business Strategies
Drive Global Expansion
Pursue Strategic Investments
6. MARKET OUTLOOK
6.1 Market Forecast
6.2 Forecast Methodology
6.2.1 Dependent and Independent Variables
6.2.2 Correlation Analysis
6.2.3 Regression Analysis
1.1 Introduction
1.2 Use of Endoscopy
1.3 Types of Endoscopes
1.3.1 Basic Types
1.3.2 Classification by Application
1.3.3 Classification by Visualization Systems
2. MARKET SIZE
2.1 Global Endoscopy Market
2.2 Market Segments by Application
2.2.1 Laparoscopy
2.2.2 Urology Endoscopy
2.2.3 Gastrointestinal Endoscopy
2.2.4 Arthroscopy
2.3 Market Segments by Technology
3. MARKET DYNAMICS
3.1 Key Trends
3.1.1 Diffusion of Endoscopy Market in Emerging Markets
3.2.2 Development of Endoscopic Closure Devices
3.2 Growth Drivers
3.2.1 Rising Obese Population
3.2.2 Escalating Diabetic Patient Population
3.2.3 Growing Cancer Cases
3.2.4 Growing Ageing Population
3.2.5 Increasing Global GDP
3.2.6 Widespread Adoption of Minimally Invasive Surgeries
3.3 Challenges
3.3.1 Associated Patient Risk
3.3.2 Environmental Issues
3.3.3 Regulatory Issues
3.3.4 Shortage of Endoscopy Specialists
3.4 Significant developments
3.4.1 3D Endoscopy: ENDOCAM EPIC 3D
3.4.2 OTSC (Over-The-Scope clip) System
3.4.3 The 7000 Series Vision System
3.4.4 Disposable Endoscope
3.4.5 Mirocam Capsule Endoscope
4. COMPETITIVE LANDSCAPE
4.1 Overall Endoscopy Market
4.2 Flexible Endoscope Market
4.3 Surgical Endoscope Market
5. COMPANY PROFILES
5.1 Johnson & Johnson
5.1.1 Business Overview
5.1.2 Financial Overview
5.1.3 Business Strategies
New Product Development
Increasing Global Reach
5.2 Olympus Corporation
5.2.1 Business Overview
5.2.2 Financial Overview
5.2.3 Business Strategies
Expand Sales in Emerging Markets
Growth through New Product Development
5.3 Covidien Plc
5.3.1 Business Overview
5.3.2 Financial Overview
5.3.3 Business Strategies
Emphasis on Innovation
Focus on Operational Excellence
5.4 Boston Scientific Corporation
5.4.1 Business Overview
5.4.2 Financial Overview
5.4.3 Business Strategies
Drive Global Expansion
Pursue Strategic Investments
6. MARKET OUTLOOK
6.1 Market Forecast
6.2 Forecast Methodology
6.2.1 Dependent and Independent Variables
6.2.2 Correlation Analysis
6.2.3 Regression Analysis
LIST OF CHARTS
Endoscopy Technology
Global Endoscopy Market Revenues (2008-2013E)
Global Endoscopy Market by Segments (2012)
Global Laparoscopy Market (2009-2013E)
Global Urology Endoscopy Market (2009-2013E)
Global Gastrointestinal Endoscopy Market (2009-2013E)
Global Arthroscopy Market (2009-2013E)
Endoscopic Devices Market Share (2011-1016E)
Global Endoscopy Market by Technology (2012)
Annual Spending on Flexible Endoscopes per Person (2012)
Global Obese Population (2004-2012E)
World Population with Diabetes, Age Group 20-79 years (2006-2013)
New Cancer Cases Worldwide (2006-2012)
Growth of Global Aging Population (60 years and above), (2008-2013E)
Global GDP (2005-2012)
Global MIS Market Opportunity (2012 vs. 2017E)
Worldwide Endoscopy Market Share by Company (2012)
Flexible Endoscope Market Share by Company (2012)
Surgical Endoscope Market Share by Company (2012)
Sales of Johnson & Johnson’s by Business Segments (2013)
Sales of Johnson & Johnson’s by Geographic Region (2013)
Net Sales and Net Earnings of Johnson & Johnson (2009-2013)
Olympus Corporation’s Sales Breakdown by Segments (2013)
Sales of Medical Business Segment by Geographic Region (2013)
Net Sales of Olympus Corporation (2008-2013)
Olympus Corporation’s Medical Business Segment Sales (2008-2013)
Sales of Covidien by Business Segments (2013)
Sales of Covidien by Geographic Region (2013)
Net Sales of Covidien (FY2009-FY2013)
Boston Scientific’s Revenue Breakdown by Business Segments (2012)
Sales of Boston Scientific by Reportable Geographic Regions (2012)
Net Revenues & Net Income of Boston Scientific (2008-2012)
Boston Scientific’s Endoscopy Segment Sales (2008-2012)
Global Endoscopy Market Forecast (2013E-2017F)
Endoscopy Technology
Global Endoscopy Market Revenues (2008-2013E)
Global Endoscopy Market by Segments (2012)
Global Laparoscopy Market (2009-2013E)
Global Urology Endoscopy Market (2009-2013E)
Global Gastrointestinal Endoscopy Market (2009-2013E)
Global Arthroscopy Market (2009-2013E)
Endoscopic Devices Market Share (2011-1016E)
Global Endoscopy Market by Technology (2012)
Annual Spending on Flexible Endoscopes per Person (2012)
Global Obese Population (2004-2012E)
World Population with Diabetes, Age Group 20-79 years (2006-2013)
New Cancer Cases Worldwide (2006-2012)
Growth of Global Aging Population (60 years and above), (2008-2013E)
Global GDP (2005-2012)
Global MIS Market Opportunity (2012 vs. 2017E)
Worldwide Endoscopy Market Share by Company (2012)
Flexible Endoscope Market Share by Company (2012)
Surgical Endoscope Market Share by Company (2012)
Sales of Johnson & Johnson’s by Business Segments (2013)
Sales of Johnson & Johnson’s by Geographic Region (2013)
Net Sales and Net Earnings of Johnson & Johnson (2009-2013)
Olympus Corporation’s Sales Breakdown by Segments (2013)
Sales of Medical Business Segment by Geographic Region (2013)
Net Sales of Olympus Corporation (2008-2013)
Olympus Corporation’s Medical Business Segment Sales (2008-2013)
Sales of Covidien by Business Segments (2013)
Sales of Covidien by Geographic Region (2013)
Net Sales of Covidien (FY2009-FY2013)
Boston Scientific’s Revenue Breakdown by Business Segments (2012)
Sales of Boston Scientific by Reportable Geographic Regions (2012)
Net Revenues & Net Income of Boston Scientific (2008-2012)
Boston Scientific’s Endoscopy Segment Sales (2008-2012)
Global Endoscopy Market Forecast (2013E-2017F)
LIST OF TABLES
Endoscopic Operations
Endoscopic Closure Devices: Animal Studies
Closure Devices Tested on Humans
Dependent & Independent Variables (2008-2013E)
Correlation Matrix
Model Summary – Coefficient of Determination
Regression Coefficients Output
Endoscopic Operations
Endoscopic Closure Devices: Animal Studies
Closure Devices Tested on Humans
Dependent & Independent Variables (2008-2013E)
Correlation Matrix
Model Summary – Coefficient of Determination
Regression Coefficients Output
