The global Endoscopic Operative Devices market is expected to reach USD 10.13 billion by 2026, according to a new report by Reports and Data. Endoscopy has also gained importance for minimally invasive surgeries. For instance: Over the years, endoscopic spine surgeries have witnessed a rising trend. In case of this surgery, patients are provided with quicker recovery and less pain than traditional spine surgery. Moreover, other benefits such as minimal or no blood loss, faster recovery and preservation of spinal mobility have also led to a wider acceptance of this method.
Increasing adoption of minimally invasive spine surgery among patients in the U.S. is also likely to stimulate market growth. The demand has almost doubled in the UK centers over the last 5 years. Similarly, in the U.S., the National Health Statistics Report for 2017 suggested that the most frequently performed procedures in the country included endoscopy of the large intestine which accounted for around 4 million and endoscopy of the small intestine which was around 2.2 million.
Top Companies Profiled in the Report Include:
Medtronic plc. Ethicon Endo-Surgery, Inc , Fujifilm Holdings Corporation Stryker Corporation, Smith Nephew PLC, Olympus Corporation, HOYA Corporation, Intuitive Surgical, Inc , Cook Medical, Inc.
Market Overview:
The pharma and healthcare industry has undergone a revolutionary change owing to the COVID-19 pandemic with individuals increasing their focus on health and wellness. Companies operating in the industry have invested heavily in clinical trials and research studies to develop medications to cater to the growing unmet clinical demand on a global level. Implementation of cutting-edge technology in healthcare sector and increasing investment in research and development have contributed significantly to revenue growth of the market in the recent past. In addition, availability of favorable health insurance and reimbursement policies have also positively impacted the healthcare sector with more and more individuals opting to get treatment at hospital and clinical facilities. Rapid development of novel drugs and pharmaceuticals, increasing incidence of lifestyle and chronic diseases, establishment of state-of-the-art healthcare facilities, and rising availability of over-the-counter medications have significantly contributed to the revenue growth of the market.
For the purpose of this report, Reports and Data have segmented global Endoscopic Operative Devices on the basis of Type, Applications and Region:
Type (Revenue, USD Million; 2018–2026)
- Energy Systems
- Suction/Irrigation Systems
- Access Devices
- Operative Hand Instruments
- Others (Insufflation Devices, Wound Protectors, Snares)
Applications (Revenue, USD Million; 2018–2026)
- Urology/Gynecology Surgeries
- ENT Surgeries
- Neuro/Spinal Surgeries
- Laparoscopy Surgeries
- Others
Country-wise regional analysis covers:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
