Vision
Value
Visibility Report Code :HC 1002
2017-2024
Global Flexible Endoscopes Market Outlook 2024: Global Opportunity & Growth Anal ysis, 2017-2024
+1-646-568-7747 +1-437-886-1181 +44-203-318-6627 +91-120-473-0422, +91-844-785-9968 sales@goldsteinresearch.com
99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India
www.goldsteinresearch.com
Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Table OF COnTenTs Connect With Us: Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Description 1.
Parent Market Synopsis
2.
Executive Summary
3.
Research Methodology
4.
Regional Opportunity Analysis on the basis of Competitors
5.
Global Flexible Endoscopes Market Size (USD Million ) and Forecast Analysis, 2017-2024
6.
Market Dynamics: Growth Drivers, Restraints and Opportunities 6.1. Risk Factors 6.2. Regional Variations 6.3.Recent Trends and Developments
7.
Global Flexible Endoscopes Market Segmentation 7.1. Global Flexible Endoscopes Market By Product Type (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.1.1.
Market Share (%) by Product Type
7.1.2. Colonoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.1.3. Gastroscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.1.4. Bronchoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Description 7.1.5. Duodenoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.1.6. Nasopharyngoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.1.7. Other Flexible Endoscopes (Laryngoscopes, Pharyngoscopes) Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 20172024) 7.1.8. Market Attractiveness by Product Type 7.1.9. BPS Analysis by Product Type 7.2.Global Flexible Endoscopes Market By Application (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.2.1. Market Share (%) by Application 7.2.2. Flexible Endoscopes For Gastrointestinal (GI) Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.2.3. Flexible Endoscopes For Laparoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.2.4. Flexible Endoscopes For Obstetrics/Gynecology Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.2.5. Flexible Endoscopes For Urology Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.2.6. Flexible Endoscopes For Bronshoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.2.7. Flexible Endoscopes For Otscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.2.8. Flexible Endoscopes For Other (Neuroendoscopy, Thoracoscopy, Rhinoscopy) Application (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.2.9. Market Attractiveness by Application Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Description 7.2.10.
BPS Analysis by Application
7.3. Global Flexible Endoscopes Market By End-User (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.3.1. Market Share (%) by End-User 7.3.2. Flexible Endoscopes For Hospitals (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.3.3. Flexible Endoscopes For Diagnostic Labs (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.3.4. Flexible Endoscopes For Ambulatory Surgery Centers (ASCs) (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.3.5. Market Attractiveness by End-User 7.3.6. BPS Analysis by End-User 7.4.Global Flexible Endoscopes Market By Region (Market Share (%) & Y-o-Y Growth Comparison, 2017-2024) 7.4.1. North America Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.4.1.1.
Copyright
North America Flexible Endoscopes Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2017-2024)
7.4.1.1.1.
U.S. Flexible Endoscopes Market(Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.1.2.
Canada Flexible Endoscopes Market(Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.1.3.
Market Attractiveness by Country
7.4.1.1.4.
BPS Analysis by Country
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Description 7.4.1.2. 2024)
North America Flexible Endoscopes Market By Product Type (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-
7.4.1.2.1.
Market Share (%) by Product Type
7.4.1.2.2.
Colonoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.2.3.
Gastroscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.2.4.
Bronchoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.2.5.
Duodenoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.2.6.
Nasopharyngoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.2.7. Other Flexible Endoscopes (Laryngoscopes, Pharyngoscopes) Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.4.1.2.8.
Market Attractiveness by Product Type
7.4.1.2.9.
BPS Analysis by Product Type
7.4.1.3. 2024)
North America Flexible Endoscopes Market By Application (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-
7.4.1.3.1.
Copyright
Market Share (%) by Application
7.4.1.3.2. 2017-2024)
Flexible Endoscopes For Gastrointestinal (GI) Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis,
7.4.1.3.3.
Flexible Endoscopes For Laparoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.3.4. 2017-2024)
Flexible Endoscopes For Obstetrics/Gynecology Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis,
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Description 7.4.1.3.5.
Flexible Endoscopes For Urology Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.3.6.
Flexible Endoscopes For Bronshoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.3.7.
Flexible Endoscopes For Otscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.3.8. Flexible Endoscopes For Other (Neuroendoscopy, Thoracoscopy, Rhinoscopy) Application (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.4.1.3.9.
Market Attractiveness by Application
7.4.1.3.10.
BPS Analysis by Application
7.4.1.4. 2024)
North America Flexible Endoscopes Market By End-User (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-
7.4.1.4.1.
Market Share (%) by End-User
7.4.1.4.2.
Flexible Endoscopes For Hospitals (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.4.3.
Flexible Endoscopes For Diagnostic Labs (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.4.4. 2017-2024)
Flexible Endoscopes For Ambulatory Surgery Centers (ASCs) (Market Size ($ Million ) & Y-o-Y Growth Analysis,
7.4.1.4.5.
Market Attractiveness by End-User
7.4.1.4.6.
BPS Analysis by End-User
7.4.2. Europe Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.4.2.1. Copyright
Europe Flexible Endoscopes Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2017-2024)
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Description 7.4.2.1.1.
UK Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.1.2.
France Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.1.3.
Italy Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.1.4.
Germany Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.1.5.
Spain Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.1.6.
Hungary Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.1.7.
Sweden Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.1.8.
Russia Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.1.9.
Poland Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.1.10. 7.4.2.1.11. 7.4.2.1.12. 7.4.2.2.
Market Attractiveness by Country BPS Analysis by Country
Europe Flexible Endoscopes Market By Product Type (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.2.1. 7.4.2.2.2. Copyright
Rest of Europe Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
Market Share (%) by Product Type Colonoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Description 7.4.2.2.3.
Gastroscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.2.4.
Bronchoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.2.5.
Duodenoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.2.6.
Nasopharyngoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.2.7. Other Flexible Endoscopes (Laryngoscopes, Pharyngoscopes) Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.4.2.2.8.
Market Attractiveness by Product Type
7.4.2.2.9.
BPS Analysis by Product Type
7.4.2.3.
Copyright
Europe Flexible Endoscopes Market By Application (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.3.1.
Market Share (%) by Application
7.4.2.3.2. 2017-2024)
Flexible Endoscopes For Gastrointestinal (GI) Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis,
7.4.2.3.3.
Flexible Endoscopes For Laparoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.3.4. 2017-2024)
Flexible Endoscopes For Obstetrics/Gynecology Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis,
7.4.2.3.5.
Flexible Endoscopes For Urology Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.3.6.
Flexible Endoscopes For Bronshoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.3.7.
Flexible Endoscopes For Otscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Description 7.4.2.3.8. Flexible Endoscopes For Other (Neuroendoscopy, Thoracoscopy, Rhinoscopy) Application (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.4.2.3.9. 7.4.2.3.10. 7.4.2.4.
Market Attractiveness by Application BPS Analysis by Application
Europe Flexible Endoscopes Market By End-User (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.4.1.
Market Share (%) by End-User
7.4.2.4.2.
Flexible Endoscopes For Hospitals (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.4.3.
Flexible Endoscopes For Diagnostic Labs (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.4.4. 2017-2024)
Flexible Endoscopes For Ambulatory Surgery Centers (ASCs) (Market Size ($ Million ) & Y-o-Y Growth Analysis,
7.4.2.4.5.
Market Attractiveness by End-User
7.4.2.4.6.
BPS Analysis by End-User
7.4.3. Middle East & Africa Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.4.3.1. Middle East & Africa Flexible Endoscopes Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 20172024) 7.4.3.1.1. Gulf Cooperation Council Countries (GCC) Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
Copyright
7.4.3.1.2.
South Africa Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.3.1.3.
North Africa Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Description 7.4.3.1.4. 2017-2024)
Rest of Middle East and Africa Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis,
7.4.3.1.5.
Market Attractiveness by Country
7.4.3.1.6.
BPS Analysis by Country
7.4.3.2. Middle East & Africa Flexible Endoscopes Market By Product Type (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.4.3.2.1.
Market Share (%) by Product Type
7.4.3.2.2.
Colonoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.3.2.3.
Gastroscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.3.2.4.
Bronchoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.3.2.5.
Duodenoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.3.2.6.
Nasopharyngoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.3.2.7. Other Flexible Endoscopes (Laryngoscopes, Pharyngoscopes) Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.4.3.2.8.
Market Attractiveness by Product Type
7.4.3.2.9.
BPS Analysis by Product Type
7.4.3.3. Middle East & Africa Flexible Endoscopes Market By Application (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.4.3.3.1. Copyright
Market Share (%) by Application
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Description 7.4.3.3.2. 2017-2024)
Flexible Endoscopes For Gastrointestinal (GI) Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis,
7.4.3.3.3.
Flexible Endoscopes For Laparoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.3.3.4. 2017-2024)
Flexible Endoscopes For Obstetrics/Gynecology Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis,
7.4.3.3.5.
Flexible Endoscopes For Urology Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.3.3.6.
Flexible Endoscopes For Bronshoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.3.3.7.
Flexible Endoscopes For Otscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.3.3.8. Flexible Endoscopes For Other (Neuroendoscopy, Thoracoscopy, Rhinoscopy) Application (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.4.3.3.9.
Market Attractiveness by Application
7.4.3.3.10.
BPS Analysis by Application
7.4.3.4. Middle East & Africa Flexible Endoscopes Market By End-User (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
Copyright
7.4.3.4.1.
Market Share (%) by End-User
7.4.3.4.2.
Flexible Endoscopes For Hospitals (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.3.4.3.
Flexible Endoscopes For Diagnostic Labs (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.3.4.4. 2017-2024)
Flexible Endoscopes For Ambulatory Surgery Centers (ASCs) (Market Size ($ Million ) & Y-o-Y Growth Analysis,
7.4.3.4.5.
Market Attractiveness by End-User
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Description 7.4.3.4.6.
BPS Analysis by End-User
7.4.4. Latin America Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.4.4.1.
Latin America Flexible Endoscopes Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2017-2024)
7.4.4.1.1.
Brazil Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.4.1.2.
Mexico Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.4.1.3. 2024)
Rest of Latin America Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-
7.4.4.1.4.
Market Attractiveness by Country
7.4.4.1.5.
BPS Analysis by Country
7.4.4.2. 2024)
Latin America Flexible Endoscopes Market By Product Type (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-
7.4.4.2.1.
Copyright
Market Share (%) by Product Type
7.4.4.2.2.
Colonoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.4.2.3.
Gastroscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.4.2.4.
Bronchoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.4.2.5.
Duodenoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.4.2.6.
Nasopharyngoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Description 7.4.4.2.7. Other Flexible Endoscopes (Laryngoscopes, Pharyngoscopes) Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.4.4.2.8.
Market Attractiveness by Product Type
7.4.4.2.9.
BPS Analysis by Product Type
7.4.4.3. 2024)
Latin America Flexible Endoscopes Market By Application (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-
7.4.4.3.1.
Market Share (%) by Application
7.4.4.3.2. 2017-2024)
Flexible Endoscopes For Gastrointestinal (GI) Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis,
7.4.4.3.3.
Flexible Endoscopes For Laparoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.4.3.4. 2017-2024)
Flexible Endoscopes For Obstetrics/Gynecology Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis,
7.4.4.3.5.
Flexible Endoscopes For Urology Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.4.3.6.
Flexible Endoscopes For Bronshoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.4.3.7.
Flexible Endoscopes For Otscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.4.3.8. Flexible Endoscopes For Other (Neuroendoscopy, Thoracoscopy, Rhinoscopy) Application (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.4.4.3.9. 7.4.4.3.10. 7.4.4.4. Copyright
Market Attractiveness by Application BPS Analysis by Application
Latin America Flexible Endoscopes Market By End-User (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Description 7.4.4.4.1.
Market Share (%) by End-User
7.4.4.4.2.
Flexible Endoscopes For Hospitals (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.4.4.3.
Flexible Endoscopes For Diagnostic Labs (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.4.4.4. 2017-2024)
Flexible Endoscopes For Ambulatory Surgery Centers (ASCs) (Market Size ($ Million ) & Y-o-Y Growth Analysis,
7.4.4.4.5.
Market Attractiveness by End-User
7.4.4.4.6.
BPS Analysis by End-User
7.4.5. Asia-Pacific (APAC) Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.4.5.1.
Asia-Pacific Flexible Endoscopes Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2017-2024)
7.4.5.1.1.
Copyright
China Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.1.2.
Japan Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.1.3.
India Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.1.4.
Singapore Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.1.5.
South Korea Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.1.6.
Australia Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.1.7.
New Zealand Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Description 7.4.5.1.8.
Rest of Asia-Pacific Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.1.9.
Market Attractiveness by Country
7.4.5.1.10.
BPS Analysis by Country
7.4.5.2. 2024)
Asia-Pacific Flexible Endoscopes Market By Product Type (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-
7.4.5.2.1.
Market Share (%) by Product Type
7.4.5.2.2.
Colonoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.2.3.
Gastroscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.2.4.
Bronchoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.2.5.
Duodenoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.2.6.
Nasopharyngoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.2.7. Other Flexible Endoscopes (Laryngoscopes, Pharyngoscopes) Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.4.5.2.8.
Market Attractiveness by Product Type
7.4.5.2.9.
BPS Analysis by Product Type
7.4.5.3. 2024)
Asia-Pacific Flexible Endoscopes Market By Application (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-
7.4.5.3.1. Copyright
Market Share (%) by Application
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Description 7.4.5.3.2. 2017-2024)
Flexible Endoscopes For Gastrointestinal (GI) Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis,
7.4.5.3.3.
Flexible Endoscopes For Laparoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.3.4. 2017-2024)
Flexible Endoscopes For Obstetrics/Gynecology Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis,
7.4.5.3.5.
Flexible Endoscopes For Urology Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.3.6.
Flexible Endoscopes For Bronshoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.3.7.
Flexible Endoscopes For Otscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.3.8. Flexible Endoscopes For Other (Neuroendoscopy, Thoracoscopy, Rhinoscopy) Application (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024) 7.4.5.3.9.
Market Attractiveness by Application
7.4.5.3.10.
BPS Analysis by Application
7.4.5.4.
Copyright
Asia-Pacific Flexible Endoscopes Market By End-User (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.4.1.
Market Share (%) by End-User
7.4.5.4.2.
Flexible Endoscopes For Hospitals (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.4.3.
Flexible Endoscopes For Diagnostic Labs (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.4.4. 2017-2024)
Flexible Endoscopes For Ambulatory Surgery Centers (ASCs) (Market Size ($ Million ) & Y-o-Y Growth Analysis,
7.4.5.4.5.
Market Attractiveness by End-User
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Description 7.4.5.4.6. BPS Analysis by End-User 8.
Competitive Outlook 8.1. Market Share of Major Players (2016) 8.2. Company Profiles
8.2.1. Ethicon Inc. 8.2.1.1. Company Synopsis 8.2.1.2. Business Strategy 8.2.1.3. Product Portfolio 8.2.1.4. SWOT Analysis 8.2.2. Olympus Corporation 8.2.3. Boston Scientific Corporation 8.2.4. Pentax Medical Corporation 8.2.5. Stryker Corporation 8.2.6. Medtronic plc 8.2.7. FUJIFILM Holdings Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Description 8.2.8. KARL STORZ 9.
Porter’s Five Force Model
10. Market Landscape: Competition and Beyond 11. Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem 12. Value Chain Analysis Of The Market 13. Expert Analysis 14. Concluding Remarks
Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
1. exeCuTive summary Connect With Us: Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
1. Executive Summary Fig: 1-2 Global Flexible Endoscopes Market Share(%), By Region-20172024
Fig: 1-1 Global Flexible Endoscopes Market Size USD (Billion). 2017-2024
XX%
CAGR: (2017-2024)
e l p XX%
XX%
XX%
XX%
XX%
2016
XX%
2024
XX%
XX%
2016e
2017e
2018f
2019f
Source: Goldstein Research
In 2016,
2020f
2021f
2022f
2023f
2024f
m a S
Hospitals accounted for the highest market share XX% in Flexible Endoscopes Market
Fig: 1-3 Global Flexible Endoscopes Market Share(%), By Product Type-2016 XX% XX%
Gastroscopes
XX%
XX%
XX%
Bronchoscopes
XX%
Duodenoscopes
XX% XX%
Nasopharyngoscopes
Other (Laryngoscopes, Pharyngoscopes)
Source: Goldstein Research
Copyright
All Rights Reserved, Goldstein Research
XX%
XX%
XX%
XX%
Europe
APAC
XX% Latin America
With
XX% share in 2016, North America region dominated the collective Global Flexible Endoscopes market
Fig: 1-5 Global Flexible Endoscopes Market Share(%), By End User-2016
Gastrointestinal (GI) Endoscopy Laparoscopy
Hospitals
XX% XX%
Obstetrics/Gynecology Endoscopy
Diagnostic Labs
Urology Endoscopy Bronchoscopy Otoscopy
XX%
Other (Neuroendoscopy, Thoracoscopy, Rhinoscopy)
Source: Goldstein Research
Middle East & Africa
Source: Goldstein Research
Fig: 1-4 Global Flexible Endoscopes Market Share(%), By Application-2016
Colonoscopes
XX%
North America
XX%
Source: Goldstein Research
www.goldsteinresearch.com
Ambulatory Surgery Centers (ASCs)
Key Findings The global flexible endoscopes market accounted for USD XX billion in 2016 and tends to reach the valuation of USD XX billion by 2024 at a CAGR of XX% over the forecast years owing to rising popularity of minimally invasive (MI) procedures is identified as one of the key factors for market growth. MI techniques are less painful and require a shorter duration of hospital stay. This encourages healthcare providers, governments, patients, and other key stakeholders to adopt MI techniques over traditional open surgical techniques. The preference for less invasive treatment options continues to fuel technological advancements in the U.S. gastrointestinal (GI) endoscopic devices market, allowing physicians to treat more conditions without resorting to open surgery. An expanding number of treatments, coupled with a growing population that exhibits a higher prevalence of GI disorders, is driving growth in this market despite decreasing average selling prices. Although this is a mature market, several niches have demonstrated exceptional growth over the past five years, including capsule endoscopy and Barrett's ablation devices. Moreover, some pockets of the market still remain underserved and are expected to grow rapidly in the next five years. The laparoscopy segment contributed to the maximum shares of XX% during 2016 and is witnessing a large number of innovations. Laparoscopy is used in a wide range of applications to carry out MI surgeries. The segment will continue to grow in the forthcoming years because it is highly preferred when non-invasive methods such as ultrasound, X-ray, CT and MRI scans do not provide enough insight for the diagnosis. The flexible endoscopes market is concentrated with the presence of large, medium, and small-sized companies. The launch of new products and technological advancements will strengthen the competitive landscape of the market. Vendors are increasingly focusing on offering advanced products and services to end-users across the world, which in turn, will help them increase their market shares. Established as well as emerging companies are taking efforts to expand their market presence by launching advanced products.
Favorable Reimbursement Policies
Increasing Unhealthy Lifestyle
Technological Advancements
Poor Diet Plans
Asia-Pacific & Latin America Flexible Endoscopes Market (USD Billion)
Copyright
Asia-Pacific
Latin America
2016
XX Billion
XX Billion
2024
XX Billion
XX Billion
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Rising Geriatric Population
2. researCh meThOdOlOgy Connect With Us: Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
2. Research Methodology Goldstein Research follows a comprehensive and rigorous research methodology to provide you accurate estimates and forecast of a particular market. We provide estimates, forecast and analysis primarily based on secondary research, primary interviews, in-house database and other free as well paid sources. Our company follows simultaneous top down and bottom approach in order to provide you the accurate market sizing. Data triangulation method is strictly followed where we triangulate the data from all the aspects, be it Function Type, application, industry verticals, material, product type or geography. In addition, the research methodology we follow is a systematic approach in order to estimate and project the market sizing keeping in mind all the on-going and upcoming trends of the market. We conduct both primary and secondary research in order to estimate a market and validate our key findings.
m a S
e l p
We put together our effort and prepare an inclusive questionnaire depending on the title of the market we are tracking and extract the important information we require to validate our findings. Our team of Analysts and experts dedicatedly put their effort to provide you the best possible and accurate data and analysis. Adding to that; technological, economic, cultural and social aspects along with the regulatory barriers are completely analysed to understand the comprehensive market scenario across different geographies. Understanding the market from both buyer and seller point of view is important to track a market and provide analysis on the same. We not only provide the market data of the four geographies as a whole, namely, North America, Europe, Asia-Pacific, Latin America, Middle East & Africa and Rest of the World (RoW) but we also provide you qualitative as well we qualitative information on country level bifurcation. We at Goldstein Research provide you: • Precise Estimates and Forecast • Authentic Analysis • In-depth Data and Analysis • Authentic Sources • Reliable Data and Analysis Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
3. COmpeTiTOrs regiOnal analysis Connect With Us: Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
3. Major Players Presence-Regional Analysis Major Players/ Industries
North America
APAC
Europe
Latin America
SCHINDLER ENDOSKOPIE TECHNOLOGIE Medtronic Stryker Corporation
m a S
C. R. Bard, Inc Pentax Medical Corporation HOYA Corp Boston Scientific Olympus Corporation Optim KARL STORZ
Middle East & Africa
e l p
FUJIFILM Holdings Source: Goldstein Research Copyright
High Penetration
All Rights Reserved, Goldstein Research
Medium Penetration
Low Penetration
www.goldsteinresearch.com
4. glObal Flexible endOsCOpes markeT analysis Connect With Us: Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
4. Global Flexible Endoscopes Market Size (USD Billion) & Growth Analysis Fig:- 4-1 Global Flexible Endoscopes Market Size (USD Billion)-2017-2024 XX
XX
XX% XX%
XX
XX
XX%
XX
XX
e l p
XX%
XX
XX%
XX
XX
XX%
XX
XX%
XX XX
XX
XX
XX XX
Fig:- 4-2 Global Flexible Endoscopes Market Y-O-Y Growth (%) Analysis2017-2024
XX
XX
XX%
m a S
XX% XX%
XX% XX% XX% XX% XX%
XX% XX%
XX%
XX
XX% XX%
XX
XX%
2015
XX
2015
2016
2017
Source: Goldstein Research
2018
2019
2020
2021
2022
2023
2024
2016
2017
2018
2019
2020
2021
2022
2023
Source: Goldstein Research
Global flexible endoscopes market tends to increase at a CAGR of XX% and reach the market value of USD XX billion by 2024. In 2016, global flexible endoscopes market valued USD XX billion owing to rapid technological advances, increasing awareness of the population, high preference of minimally invasive procedures over conventional surgeries, and emerging economies The number of people in the world who are obese or overweight has reached XX billion, up from XX million in 2016.Furthermore, approximately XX million people in the United States have symptoms of Gastroesophageal Reflux Disorder (GERD). Primary or secondary GERD diagnosis increased from a total of XX individuals diagnosed in 2016 to XX in 2017. XX% of all people hospitalized with GERD in 2016 also had an esophageal disorder. In the United States, XX deaths in 2016 were directly related to a primary diagnosis of GERD.
Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
2024
4.1. Global Flexible Endoscopes Market Overview, By Region and Market Players2016 Fig:- 4-3 Global Flexible Endoscopes Market Share (%), By Country, 2016 United States Europe XX%
XX% XX%
XX%
XX%
XX%
XX%
Japan
XX%
China XX%
Brazil
m a S Russia
XX%
India
South Korea Mexico
XX%
Africa ROW
Source: Goldstein Research
Fig:- 4-4 Global Flexible Endoscopes Market Share (%), By Players, 2016
e l p
Olympus Corp
34.00%
50.00%
6.00% 5.00% 5.00%
FUJIFILM Holdings's Hoya Corporation Karl Storz GmbH Others
Source: Goldstein Research
Global Flexible Endoscopes market accounted USD XX billion in 2016 on the back of spiked demand for advanced and Flexible Endoscopes devices in developed economies. Germany exports flexible endoscopes worth USD XX billion in 2016 across the globe. North America accounted highest share of the global flexible endoscopes devices market followed by Europe, and Asia. North America and Europe both are likely to witness a demand for endoscopes as a result of technological advancements as well as improved reimbursement status in both the geographies. The FDA regulates the marketing of all medical devices sold or imported in the U.S. Unlike the FCC, which focuses on the interference potential of radio frequency devices, the FDA’s role is to ensure that such devices are safe and effective for patient use. The range of products that are classified and regulated as “medical devices” is quite broad and can include such products as medical information networks, cell phones programmed to remind users to take pills and conventional devices fitted with radio communication features Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
4.2. Look At Top Countries Top Class Healthcare System Canada's 1984 Health Act entrenches in law the country's system of free at the point of access healthcare, known as Medicare. Canada's system is not perfect however, and in recent years the number of Canadians going south for private care in the USA has grown
The best standards of health in the Middle East can be found in the wealthy nation of Qatar. The nation has recently taken steps to implement a universal healthcare system across the entire country
Famed for the quality of its health services, it is not surprising to see France close to the top of the pile. The country's average life expectancy is 82
Norway, along with its Scandinavian counterparts, often comes close to global quality of life rankings, and one reason is the health of its citizens. The country's healthcare system is free for children under 16, but adults must pay for services. The country spends more per person on healthcare than any other country on earth
New Zealand is one of the most active countries in the world, with the nation punching well above its weight in international sporting competitions. It has an average life expectancy of 81.6 years
With an average age of 81.1, Belgium's life expectancy is just outside the world's top 20. The country has universal healthcare, but also requires mandatory health insurance for all citizens
Despite a love of beer and sausages, Germans are some of the world's healthiest people. The country's average life expectancy is 81
With great weather and low pollution, it is not surprising that Australia is ranked as the healthiest nation in the southern hemisphere. Its average life expectancy is 82.8, the 4th highest in the world Copyright
All Rights Reserved, Goldstein Research
Israel is the highest ranked of any Middle Eastern state on the Legatum Institute's health sub-index, and the country has the 8th highest life expectancy on the planet, 82.5 years
The tiny city-state of Hong Kong has 11 private and 42 public hospitals to serve its population of just over 7.2 million people. In 2012, women in Hong Kong had the longest average life expectancy of any demographic on earth www.goldsteinresearch.com
4.2a Look At Top Countries Top Class Healthcare System (to be continued) As with most quality of life and health rankings, northern European countries like Sweden score highly. Swedish men have the 4th highest life expectancy of any nation, living to an average of 80.7 years
Copyright
In 2015 the Netherlands gained the number one spot at the top of the annual Euro health consumer index, which compares healthcare systems in Europe, scoring 916 of a maximum 1,000 points
The country's life expectancy — 83.7 — is the highest on the planet. That has caused demographic issues in Japan, with its population ageing rapidly
Rich, beautiful, and incredibly healthy. Switzerland has pretty much all anyone could want from a country. Its healthcare service is universal and is based upon the mandatory holding of health insurance by all citizens
Another small city-state to make the top of the Prosperity Index's health sub-index. Singapore's 5.6 million citizens have an average life expectancy of 83.1 years old
Nestled between Belgium, France, and Germany, the wealthy nation of Luxembourg tops the Legatum Institute's health sub-index. The country's average life expectancy is 82
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
4.3. Measures Of Health Insurance Breadth Of Coverage In Five Countries
Dimensions
Canada
Germany
Japan
Singapore
USA
XX%
XX%
XX%
XX%
XX%
USD XX
USD XX
USD XX
USD XX
USD XX
GDP spending on health care
XX%
XX%
XX%
XX%
XX%
Public health care expenditures
XX%
XX%
XX%
XX%
XX%
Spending on the primary health insurance
XX%
XX%
XX%
XX%
XX%
Specialized insurance for selected populations
No
Yes
Yes
Yes
Yes
Prevalence of secondary insurance]
Common
Common
Common
Common
Common
Population
XX Billion
XX Billion
XX Billion
XX Billion
XX Billion
Population covered by primary insurance Dollars of health spending per capita
Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
5. markeT dynamiCs Connect With Us: Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
5. Market Dynamics
Growth Drivers
Growth Barriers
Acceptable level of risk
Sensitivity to the device material
Rising geriatric population
Changing regulations related with medical equipments
General Trend
Highly Complex
Moderately Complex
Waived
Advancement Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
5.1. risk analysis Connect With Us: Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
5.1.1. demand risk Connect With Us: Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
5.1.1. Market Demand Risk
Market Demand Risk-Low Market Demand Risk-Low On the basis of Cost-effectiveness
On the basis of Aging Population
On the basis of Rising concerns towards healthcare
The demand for flexible endoscopes is likely to grow due to availability of cost-effective products for cardiac diseases in developing & underdeveloped countries like Africa , India, etc. Rising demand for Flexible Endoscopes benefits the new players to get into the market to provide affordable products and provide opportunities for expansion of business by existing players in the Flexible Endoscopes market
Rise in aging population coupled with higher risk of chronic diseases and rising prevalence of diabetes and cardiovascular diseases in elderly population further raise the demand by adopting cost-effective and advanced cardiac devices & services in the upcoming years. The rise in demand will help the new players to enter into the sector of cardiology and open the doors for the expansion of business by the existing players in the market
Rising awareness towards fitness & changing lifestyles for the betterment of health are some of the factors swelling the demand for cardiac devices & services. Rapid growth in urbanization leads to hectic and busy schedules which leads to adopt time saving treatment. The high demand from the consumers is expected to make easy for new players to jump into the market of cardiology devices& services and opportunities for the business expansion by existing players in the Flexible Endoscopes market
Copyright
All Rights Reserved, Goldstein Research
Sample
www.goldsteinresearch.com
5.1.2. supply risk Connect With Us: Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
5.1.2. Market Supply Risk
Market Supply Risk-Low Market Supply Risk-Low On the basis of Technological Advancements
Due to rise in advancement in healthcare technology by government funding in order to provide portable and high-end devices with better services and to improve care as wells as treatment technology which is expected to raise the supply in the market with new efficient and cost effective products of cardiology
Copyright
All Rights Reserved, Goldstein Research
On the basis of Governmental Regulations
On the basis of Investment
Presence of strict government regulations across the globe for the manufacturing of Flexible Endoscopes to provide safe and secure products with less side-effects to the consumers. This is expected to be a huge restrain for the new players to jump into the Flexible Endoscopes market
The initial cost to setup cardiac device industry is very high due to requirement of research and development sector and high accuracy and precise healthcare manufacturing equipment with expertise which is expected to put many limitation for the new players in cardiac device market
Sample
www.goldsteinresearch.com
5.2. grOwTh drivers Connect With Us: Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
5.2.1. Growth Drivers Growth in aging population
Fig: 5-1 Population(Million), Aging population(Million), World-2016-2050
Rise in aging population in many nations across the globe is a major a growth driver for the flexible endoscopes industry.
World Population World Population
This aging population is expected to have diabetic and other health related problems in US & Japan as XX% of the total population are obese in US while in Japan it is XX% of the total population which further increases the risk of diabetes and heart related problems. Rising concern towards fitness & healthy lifestyle among aging population is expected to spike the healthcare industry in near future.
2016 XX Million
In U.S., XX million people are aged above 65 in 2010 i.e. XX% of the total population & this aging population is expected to reach 20% of the total population by 2030 according to the report of Centers for Disease Control & Prevention (CDS)
2016 XX Million
2050 XX Million Aging population 2050 XX Million
Source: World Bank
Impact Analysis:-
Government of UK collaborated with World Bank Group & World Health Organization for the advancement of healthcare facilities across the globe
Government funding for the advancement in healthcare sector and initiatives to promote healthcare across the globe is expected to positively impact on the growth of cardiac implant devices market.
Governmental organizations like World health Organization (WHO) starts various awareness programs across the globe to promote healthcare services.
Increase in aging population and focusing on fitness & healthy lifestyle is predicted to rise the Flexible Endoscopes market globally
Fujifilm, a film and camera maker that has been diversifying into medical equipment and pharmaceuticals, as well as Sony Corp and Panasonic Corp were named by a newspaper last week as potential investors in Olympus. Olympus was seeking to replenish its capital base by issuing USD XX billion in preferred shares. High
Medium
Low
Impact on Flexible Endoscopes Market Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
5.2.2 Growth Drivers Growing technological advancements in medical devices
Fig: 5-1 Global Endoscopy Equipment Sales (Units), 2015-2017
Factors such as compact and accurate diagnosis medical devices, high end and energy efficient healthcare; devices for treatment applications and rising spending on research and development activities to manufacture cost-effective and efficient medical devices is expected to accelerate the growth of flexible endoscopes market
XX XX
XX
XX
XX
XX
On the other hand, increasing consumer awareness towards treatment of multiple disorders and increasing spending on healthcare on account of favorable reimbursement policies is expected to push the hospitals and clinics to adopt endoscopes market to provide better diagnosis and treatment facilities to the patients
e l p
Moreover, the growing demand for app based services in developing nations on the basis of factors such as changing lifestyle of the population, internet penetration and rising personal disposable income in developing nations further boost the demand for flexible endoscopes Fig: 5-1 Global Endoscopy Market Share (%), By Segments, 2016
m a S XX%
XX%
XX%
XX%
XX%
XX%
XX XX XX XX
2015 Source: Goldstein Research
XX%
Medium
Low
Source: Goldstein Research
Impact on Flexible Endoscopes Market
Copyright
All Rights Reserved, Goldstein Research
2017
Impact Analysis: Advanced researches and huge investments in R&D sector leads to design & manufacture new technology medical devices which further expected to fuel the growth of flexible endoscopes market globally. Advanced technology medical device help the healthcare industry to obtain precise data for treatment which is further sufficient to provide better cure & prevention. These factors expected to exhibit a positive growth in flexible endoscopes market in near future.
Laparoscopy Urology Endoscopy Arthroscopy Ear, Nose & Throat GI Endoscopy Gynecology Endoscopy Others
High
2016
www.goldsteinresearch.com
5.2.3. Growth Drivers Fig: 5-1 Global Endoscopy Market Share (%), By Category, 2016
Governmental initiatives & policies
Governmental initiatives to promote healthcare in many nations worldwide is expected to drive the global market of flexible endoscopes.
Government funding and new emerging policies towards healthcare anticipated to grow the flexible endoscopes market globally.
Growing awareness programs and collaboration between many nations for the advancement of healthcare facilities further expected to witness a positive growth in flexible endoscopes market globally.
Imaging
XX% XX% XX%
Pathology Infection Control Devices
XX% Source: Goldstein Research
Fig: 5-2 Population(Million) Aged 80 yrs. & over, World-2000-2050 Global Population Aged 80yrs & over (Millions) 2050
XX
2025
XX
2000
In U.S., XX million people are aged above 65 in 2010 i.e. XX% of the total population & this aging population is expected to reach 20% of the total population by 2030 according to the report of Centers for Disease Control & Prevention (CDS).
In Japan, XX% of the total population was above the age of 65 and according to the World bank Data, the growth in aging population is projected around XX% of the total population by 2030.
XX
0
50
100
150
200
250
300
350
400
Source: data.worldbank.org
High Impact on Flexible Endoscopes Market Copyright
All Rights Reserved, Goldstein Research
Medium
Low
www.goldsteinresearch.com
5.3. markeT resTrainTs Connect With Us: Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
5.3.1. Market Restraints Fig: 5-1 Rural population (%) of the total population(%)- By Countries, 2016
Rural population, unawareness & deprived of healthcare services in rural regions The rural population of the world is more than the half of the total population (52%), whereas 48% population are living in urban areas
e l p
Lack of awareness towards medical devices & treatments in rural regions is hindering the growth of flexible endoscopes market at a large scale
m a S
XX
Absence of convenience of healthcare facilities & less disposable income in rural regions across the globe are restraining the demand for flexible endoscopes market.
China Russia
Population living below poverty line across the globe are deprived from home healthcare facilities and unable to opt expensive services for treatments & cure
48% 48%
• XX% of the total population of the world population is lived at or below USD XX per day in the year 2012
• In China, XX Million people living at or below USD XX per day • In East-Asia region, XX% of the total population of this region living below poverty line in 2012
52% 52%
XX India South Africa
Impact Analysis: The population living in rural areas across the globe are unable to get clinical treatments with medical devices due to less disposable income are some of the factors which is restraining the growth of flexible endoscopes market. Many regions across the globe are underdeveloped and viewing low economies . These regions are unable to embrace advanced healthcare facilities which is curbing the growth of global flexible endoscopes market.
• In United States, the population lies below poverty line is XX% of the total population of the country
Source: XXXX
Medium
Low
Impact on Flexible Endoscopes Market All Rights Reserved, Goldstein Research
Germany
Source: World Bank Data
High
Copyright
XX
XX
Due to unavailability of medical services & facilities in many under developed regions, hence deprived the population to experience the treatment facilities with sophisticated technology based medical devices
Rural & Urban Population (%)- World
XX
www.goldsteinresearch.com
5.3.2. Market Restraints Complication in Endoscopic Devices
Fig: 5-3 Risk factors in healthcare (%)- By Issues
Stomach infection, perforation, or a tear of the stomach or esophagus lining and bleeding during the process of endoscopy is limiting the patient preference for flexible endoscopes.
XX%
According to the American Society for Gastrointestinal Endoscopy, complications may also ensue if the endoscope has not been properly cleaned between patients. In "Keeping Your Endoscopy Safe," ASGE notes that each endoscope should undergo mechanical and chemical cleaning, rinsing and drying between uses. When properly cleaned, "the chance that a serious infection could be transmitted by endoscopy is only about 1 in 1.8 million," ASGE said.
XX%
XX%
XX%
Some complications may arise when the endoscopic procedure is not properly administered. Poor biopsy technique can damage the internal organs being observed. In addition, too much pressure or force in moving the endoscope can cause complications ranging from perforation and vascular lacerations to excessive bleeding of the mucosa.
XX%
Insects
Number of Registrations, By Medical Device Area
Population (%)- by Disease Respiratory disease
Cardiology
XX XX
Muscoskeletol disease
XX XX
XX
XX
Heart Disease
XX
Circulatory disease
Vermin
XX
Orthopaedics High Source: National Center for Biotechnology Information
Copyright
Medium
Low
Impact on Flexible Endoscopes Market
All Rights Reserved, Goldstein Research
Iritating chemicals
peeling paint
Impact Analysis: The third-party endoscope refurbishment and resale market-which in light of the recent major consolidation efforts, now counts five key competitors and around XX smaller players--has experienced mid to high single-digit growth in the past five years, mainly due to ongoing efforts of medical facilities to drive down costs.
XX
Injuries
cigarette smoke
Source: National Center for Biotechnology Information
www.goldsteinresearch.com
5.4. impaCT analysis Connect With Us: Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
5.4. Impacting Factors of Flexible Endoscopes Market
Drivers of Flexible Endoscopes
Safety
Small Samples
Mucosal Sensitivity Impacting Features
Disease Documentatio n
Economic Forces Movement of Sophisticated Medical devices
Source: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
Aside from its simplicity, endoscopy is also low-risk. The only situation a patient cannot be examined through the use of an endoscope is when he is seen to be unfit for anesthesia. Endoscopy’s low morbidity and mortality rates also reflect the safety of the procedure, according to the American Cancer Society. An endoscope is designed to have great sensitivity to the intestinal mucosa--the moist tissue lining the intestines (and other body cavities). Such sensitivity makes it an effective tool for projecting deep mucosal visuals--allowing the doctor to effectively evaluate the digestive system. It is also excellent at obtaining samples of this tissue for further laboratory testing. Endoscopy can also document diseases by generating videos and photographs. A “videoendoscope” or a “fiberoptic endoscope” has these capabilities. Since the size of the lens of an endoscope is very small in order to fit in the body’s natural openings, the sample it can generate is also limited up to 2 to 3 mm deep. Changing regulations related with medical equipments and worldwide currency devaluation is majorly impacting the flexible endoscopes business. www.goldsteinresearch.com
6. glObal Flexible endOsCOpes markeT segmenTaTiOn analysis, 20172024 Connect With Us: Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
6.1. Global Flexible Endoscopes Market Share(%) - By Application,2017-2024 Key Findings
Fig: 6-1 Global Flexible Endoscopes Market Share, By Application, 2017-2024
Gastrointestinal (GI) Endoscopy
8.00% 11.00%
8.00%
20.00%
Obstetrics/Gynecology Endoscopy
10.00%
2016
10.00%
10.00%
2024
Urology Endoscopy
29.00%
10.00%
Bronchoscopy
12.00%
e l p
The GI market has experienced significant reimbursement cuts in the past three years, with CMS announcing double-digit cuts for major procedures on an annual basis. For example, the second highest volume procedure in this market, esophagogastroduodenoscopy (EGD), experienced a XX% cut between 2015 and 2017 for screening EGD and XX% for EGD with biopsy. The highest volume procedure, colonoscopy, is proposed to be cut in 2016 by a double-digit rate for biopsy and diagnostic indications
29.00%
12.00%
Otoscopy Other (Neuroendoscopy, Thoracoscopy, Rhinoscopy)
m a S
Source: Goldstein Research
20.00%
11.00%
Laparoscopy
Japan Flexible Endoscopes market valued USD XX billion in 2016 and tends to reach the value of USD XX billion by 2024 at a considerable CAGR over the forecast period. The growth in these screening and diagnostic procedures is driving unit growth in the largest segment of this market, namely endoscopes.
Fig: Fig: 6-3 6-3 Global Global Flexible Flexible Endoscopes Endoscopes Market Market Y-O-Y Y-O-Y Growth, Growth, By By Application, Application, 2017-2024 2017-2024
Fig: Fig: 6-2 6-2 Global Global Flexible Flexible Endoscopes Endoscopes Market Market Size Size (USD (USD Billion), Billion), By By Application-2017-2024 Application-2017-2024 XX
XX
XX
XX
XX XX
10.00% 10.00% XX
Bronchoscopy
Source: Goldstein Research
Copyright
XX
XX
2016 Gastrointestinal (GI) Endoscopy
20.00% 20.00% XX
2024
Laparoscopy
Obstetrics/Gynecology Endoscopy
Otoscopy
Other (Neuroendoscopy, Thoracoscopy, Rhinoscopy)
All Rights Reserved, Goldstein Research
2015
2016e
2017f
2018f
Urology Endoscopy
2019f Y-o-Y
Source: Goldstein Research
www.goldsteinresearch.com
2020f
2021f
2022f
2023f
Table:1 Global Revenue (USD Billion) of Flexible Endoscopes, By Product Type, 2017-2024 Product Type/Year
2016
2017
2018
2019
2020
2021
2022
2023
2024
CAGR %
Colonoscopes
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX%
Gastroscopes
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX%
Bronchoscopes
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX%
Duodenoscopes
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX%
Nasopharyngos copes
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX%
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX%
Other (Laryngoscopes, Pharyngoscope s)
Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Table:2 Country Wise Colonoscopes Sales Target, 2020-2024 Colonoscopes Cumulative Sales Target by 2020 (in Millions)
Colonoscopes Cumulative Sales Target by 2024 (in Millions)
United States
XX
XX
Canada
XX
XX
China
XX
XX
Japan
XX
XX
India
XX
XX
Denmark
XX
XX
France
XX
XX
Germany
XX
XX
Norway
XX
XX
United Kingdom
XX
XX
Netherland
XX
XX
South Africa
XX
XX
Australia
XX
XX
Korea
XX
XX
Region
Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
6.1.1. Global Gastrointestinal (GI) Endoscopy Market, 2017-2024 Fig:- 6-4 Global Gastrointestinal (GI) Endoscopy Market Size (USD Billion)2017-2024 XX
XX
XX% XX%
XX
XX
XX%
XX
XX
e l p
XX%
XX
XX%
XX
XX
XX%
XX
XX%
XX XX
XX
XX
XX XX
Fig:- 6-5 Global Gastrointestinal (GI) Endoscopy Market Y-O-Y Growth (%) Analysis-2017-2024
XX
XX
XX%
m a S
XX% XX%
XX% XX% XX% XX% XX%
XX% XX%
XX%
XX
XX% XX%
XX
XX%
2015
XX
2015
2016
2017
Source: Goldstein Research
2018
2019
2020
2021
2022
2023
2024
Global gastrointestinal (GI) endoscopy market was USD XX billion in 2016, expected to attain the growth rate of XX % over the forecast period and reach USD XX Billion by 2024. The GI device market has also been characterized by moderate weakening of prices during the past five years. Several factors have contributed to this trend, including consolidation on the demand side of the market, severe reimbursement cuts, and the competitive environment.
2016
2017
2018
2019
2020
All Rights Reserved, Goldstein Research
2022
2023
Source: Goldstein Research
Fig:- 6-6 Global Gastrointestinal (GI) Endoscopy Market Economics by Region, 2016
36.00%
18.00%
9.00%
25.00% 12.00%
Source: Goldstein Research Copyright
2021
www.goldsteinresearch.com
North America Europe Latin America Midlle East and Africa APAC
2024
6.1.2. Overview : Gastroscopes Market Table:3 GI Disorders, Top Rank Countries, 2016
Fig: 6-7 Global Gastroscopes Market Revenue, 2015-2017 (USD Billion)
XX XX XX XX XX XX XX XX XX XX XX 2015
2016
2017
fig: 6-8 Health Care Spending as a Percentage of GDP in 5 Countries, 2016 XX% XX%
XX%
XX% XX%
XX%
XX%
XX%
XX% XX%
XX%
Rank
Country
Rate
1.
Turkmenistan
XX
2.
Ukraine
XX
3.
Uzbekistan
XX
4.
Russia
XX
5.
Georgia
XX
6.
Slovakia
XX
7.
Syria
XX
8.
Fiji
XX
9.
Afghanistan
XX
10.
Bulgaria
XX
11.
Iraq
XX
12.
Egypt
XX
13.
Iran
XX
14.
Hungary
XX
15.
Saudi Arabia
XX
16.
Arab Emirates
XX
17.
Philippines
XX
18.
Yemen
XX
19,.
Sri Lanka
XX
20.
Tunisia
XX
21.
Malaysia
XX
22.
Libya
XX
XX% United States
Copyright
Germany
Canada
All Rights Reserved, Goldstein Research
Japan
Singapore
www.goldsteinresearch.com
6.1.3. Global Flexible Endoscopes Market Attractiveness and BPS Analysis by Application, 2017-2024 Fig: 6-9 Global Flexible Endoscopes Market Attractiveness-By Application, 2017-2024 XX%
Fig: 6-10 Global Flexible Endoscopes Market BPS Analysis- By Application, 2017-2024 XX XX
XX% XX XX
XX%
XX XX
XX%
m a S XX
XX%
XX XX
XX% XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
Laparoscopy
Urology Endoscopy
Bronchoscopy
Gastrointestinal (GI) Endoscopy
Obstetrics/Gynecol ogy Endoscopy
Other (Neuroendoscopy, Thoracoscopy, Rhinoscopy)
Source: Goldstein Research
Otoscopy
XX
e l p 10%
11%
10%
11%
XX%
XX%
XX%
XX%
20%
21%
2016
2024
Bronchoscopy
Urology Endoscopy
Obstetrics/Gynecology Endoscopy
Gastrointestinal (GI) Endoscopy
Source: Goldstein Research
ďƒ˜According to Goldstein Research, laparoscopy holds the largest portion of market revenue and tends to grow at the faster pace in the forecast period along with GI endoscopy. Vendors are increasingly focusing on offering advanced products and services to end-users across the world, which in turn, will help them increase their market shares. ďƒ˜Minimally invasive techniques eliminate various post-operation complications such as pain, blood clots, fatigue, muscle atrophy, and infections. This encouraged many surgeons in various medical facilities to adopt gastro endoscopy devices. Flexible endoscopes are extensively used during laparoscopy procedures and their adoption will further increase in the coming years since device manufacturers are offering training programs for medical professionals to handle the endoscopy devices skillfully. Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Laparoscopy
6.2. glObal Flexible endOsCOpe markeT, by regiOn, 2017-2024 Connect With Us: Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
6.2. Global Flexible Endoscopes Market Share (%), 2016 & Market Size (USD Billion), By Region,2015 & 2016 Fig: Fig: 6-11 6-11 Global Global Flexible Flexible Endoscopes Endoscopes Market Market Share Share (%) (%) -- By By Region, Region, 2016 2016
Fig: Fig: 6-12 6-12 Global Global Flexible Flexible Endoscopes Endoscopes Market Market Size Size (USD (USD Billion) Billion) -- By By Region, Region, 2015-2016 2015-2016 XX
XX
XX%
XX%
XX%
e l p XX
XX
XX
XX
XX
XX%
m a S XX
XX%
XX
XX
North America
Latin America
Source: Goldstein Research
Europe
Asia-Pacific
Middle East & Africa
2015
XX
XX
North America
Europe
APAC
2016
XX
XX
XX XX
Latin America Middle East & Africa
Source: Goldstein Research
 Asia-Pacific is expected to dominate the flexible endoscopes market with a market share of XX% by the end of the forecast period i.e. 2024 owing to the presence of emerging and developed economies such as India, China, Japan, Brazil, Mexico, Africa, Korea and others  North-America Flexible Endoscopes market is anticipated to expand at a CAGR of XX% during the forecast period i.e. 2017-2024. The adoption of flexible endoscopes is high in the Americas due to the increasing geriatric population and an increase in chronic disorders. The market will continue to grow in the region due to the increasing awareness among physicians and people regarding the advantages of flexible endoscopes for diagnosis and treatment. The popularity of MI surgical procedures will further boost the use of flexible endoscopes across many healthcare centers in this region. Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
6.2.(a). Global Virgin endoscopes Oil Market Geographical Segmentation
NORTH AMERICA
U.S. CANADA GERMANY FRANCE
EUROPE
U.K. ITALY
Global Virgin endoscopes Oil Market, By Geography
OTHERS CHINA JAPAN
ASIA-PACIFIC
INDIA AUSTRALIA SOUTHKOREA OTHERS
REST OF THE WORLD Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
MIDDLE EAST & AFRICA LATIN AMERICA
6.2.1. nOrTh ameriCa Flexible endOsCOpes markeT Connect With Us: Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
6.2.1. North-America Flexible Endoscopes Market Size (USD Billion) & Y-O-Y growth (%),2017-2024 Fig: 6-13 North-America Flexible Endoscopes Market Size(USD Billion)-2017-2024
182,928. 172,928. 4 4 152,928. CAGR: (2017-2024) 141,934. 4 131,569. 5 122,244. 113,569.4 105,774. 9 8 7 98,541.8
Fig: 6-14 North-America Flexible Endoscopes Market Share By Application, 2017-2024
XX%
Gastrointestinal (GI) Endoscopy
e l p 8.00%
11.00%
2016
10.00%
2015e
2016f
2017f
2018f
Source: Goldstein Research
2019f
m a S 2020f
2021f
2022f
2023f
Fig: 6-15 North-America Flexible Endoscopes Market Size (USD Millions), By Country-2017-2024
2016 28.00% 15.00%
2023 35.00% 20.00%
U.S.
Source: Goldstein Research
Copyright
All Rights Reserved, Goldstein Research
Canada
20.00%
10.00%
2024
Urology Endoscopy
29.00%
Bronchoscopy
12.00%
20.00%
11.00%
Laparoscopy
Obstetrics/Gynecology Endoscopy
10.00%
8.00%
Otoscopy
10.00%
29.00% 12.00%
Other (Neuroendoscopy, Thoracoscopy, Rhinoscopy)
Source: Goldstein Research
Fig: 6-16 North-America Flexible Endoscopes Market Size (USD Million), By Application-2017-2024
XX XX
XX
XX
XX XX
XX
2016 23.00% 22.00% Colonoscopes Gastroscopes Duodenoscopes
XX
33.00% 32.00%2024 Bronchoscopes
Nasopharyngoscopes
Other (Laryngoscopes, Pharyngoscopes)
Source: Goldstein Research
www.goldsteinresearch.com
6.2.1.1. U.S. Flexible Endoscopes Market Size (USD Billion) & Y-O-Y growth (%), 2017-2024 Fig: 6-18 U.S. Flexible Endoscopes Market Y-O-Y Growth Rate, 20172024
Fig: 6-17 U.S. Flexible Endoscopes Market Size (USD Billion). 2017-2024
XX%
XX
CAGR: (2017-2024)
XX
XX
2016f
2017f
XX
2018f
Source: Goldstein Research
XX
XX%
XX
2019f
XX
XX
m a S 2020f
2021f
2022f
2023f
2015
e l p XX%
XX%
2016e
2017f
Source: Goldstein Research
XX%
2018f
XX%
2019f
XX%
XX%
XX%
XX%
2020f
2021f
2022f
2023f
Y-o-Y
 US & Canada both are likely to witness a demand for flexible endoscopes as a result of technological advancements as well as improved reimbursement status in both the regions. Rapidly aging population, growing incidence of associated disease and increased obesity rates are some of the important factors driving the flexible endoscopes market. For example, United Nations (UN) report predicts that the number of people in the world who are obese or overweight has reached XX billion, up from XX million in 2016. Rise in prevalence of diseases that require endoscopy procedures such as cancers and gastrointestinal diseases is one of the prime reasons that drives the growth of endoscopy devices market. The key players in flexible endoscopes segment are Stryker Corporation, Ethicon Endo-Surgery, Inc, Olympus Corporation, Covidien Plc, Boston Scientific, Arthrex, Inc., Smiths Group, Aesculap, Inc, Karl Storz, ConMed, Richard Wolf GmbH, Hoya Corporation, and Fujifilm Holdings Corporation. Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
6.2.2. North America Flexible Endoscopes Market Attractiveness and BPS Analysis - By Country, 2017-2024 Fig: 6-19 North America Flexible Endoscopes Market Attractiveness-By Country, 2017-2024
Fig: 6-20 North America Forklift Truck Market BPS Analysis- By Country, 2017-2024
XX%
100% 90%
XX%
80% 70%
XX%
60% 50%
XX%
40% XX%
m a S 30% 20%
XX%
10%
0%
XX%
XX
XX
XX
XX
XX
US
Source: Goldstein Research
Copyright
XX
XX
Canada
XX
XX
XX
e l p 30%
40%
70%
60%
2016
Canada
2024
US
Source: Goldstein Research

According to the above graph, US Flexible Endoscopes market is anticipated to be the most attractive market across all the countries in overall Flexible Endoscopes market, for new entrants looking to enter in the market, existing players looking for business expansion and investors seeking investment opportunities over the forecast period i.e. 2017-2024

In addition, growth in baby boomer generation with high risk of targeted diseases, rise in awareness about novel endoscopy devices, and patient preference for the minimally invasive nature of endoscopy devices propel the market growth. Modern endoscopy techniques have revolutionized the examination and treatment of upper gastrointestinal tract (including esophagus, stomach, and duodenum) and the colon. Increase in adoption of innovative endoscopy devices such as capsule endoscopes and robot-assisted endoscopy along with ultra-highdefinition visualization systems further augments the market growth. All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
7. pOrTer’s Five FOrCe mOdel Connect With Us: Published By: Goldstein Research
7. Porter’s Five Force Model
Customer can easily switch to substitute products. So substitutes are a threat to your company. When there are actual and potential substitute products available then segment is unattractive. Profits and prices are effected by substitutes so, there is need to closely monitor price trends. In substitute industries, if competition rises or technology modernizes then prices and profits decline.
Barriers to Entry HIGH High Cost Manufacturing, Well Established Players.
Supplier Power: HIGH
Intensity of competition among the existing competitors in the market. Intensity of rivalry depends on the number of competitors and their capabilities. Industry rivalry is high when: •There are number of small or equal competitors and less when there’s a clear market leader. •Customers have low switching costs •Industry is growing •Exit barriers are high and rivals stay and compete •Fixed cost are high resulting huge production and reduction in prices Copyright
All Rights Reserved, Goldstein Research
e l p
Threat of new entrants
m a S Bargaining power of suppliers
The Barriers to Entry are significantly high which means that it is difficult for outside companies to enter the industry. New entrant is require to offer the innovative and distinguish service or product in order to make place in the competitive space, only such a player tends to establish its market presence and obtain the necessary clearance from regulatory agencies and obtain the profit.
Industry Competitors: HIGH Olympus Corporation, Medtronic, Stryker, etc
Bargaining Power of buyers
Buyer Power: LOW To MODERATE
Threat of substitute products or services
Substitutes: HIGH
The power of Buyers is significantly low to moderate and they are able to negotiate for better pricing. However on the supplier side, the power of Suppliers is also high as there are multiple supplier for a particular test and these causes, for companies to compete on price when they do not have any point of differentiation.
www.goldsteinresearch.com
8. COmpany prOFiling Connect With Us: Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
8.1. bOsTOn sCienTiFiC Connect With Us: Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
8.1.1. Boston Scientific (Company Overview)
Founded 1979
Employees 25,000
e l p
Business Segments
Company Overview
Website www.bostonscientific.com
Headquarters U.S.
m a S
Boston Scientific Corporation is a developer, manufacturer and marketer of medical devices that are used in a range of interventional medical specialties, headquartered in Massachusetts, Unites States.
The Company majorly operates through four geographic segments: United States, Europe, the Middle East and Africa (MEA), and Asia Pacific (APAC).
Boston Scientific Group is traded on NYSE stock exchange, America.
The Boston Scientific Group offers its products by seven businesses: Interventional Cardiology, Cardiac Rhythm Management, Endoscopy, Peripheral Interventions, Urology and Pelvic Health, Neuromodulation, and Electrophysiology. It operates in three segments: Cardiovascular, Rhythm Management and MedSurg.
Interventional Cardiology
Cardiac Rhythm Management Endoscopy
Peripheral Interventions Urology & Pelvic Health Neuromodulation Electrophysiology
Business Strategy
The company operate following five strategic imperatives: Strengthen, Execution to Grow Share, Expand into High Growth Adjacencies, Drive Global Expansion, Fund the Journey to Fuel Growth, and Develop Key Capabilities. Boston Scientific Group’s research and development efforts are focused largely on the development of next-generation and novel technology offerings across multiple programs and divisions. In addition, we have undertaken several strategic acquisitions to help us to continue to be a leader in the medical device industry. The company has invested USD920 million, or 11 percent of sales, in research and development to fuel meaningful innovation and also made strategic acquisitions of Cosman Medical, EndoChoice Holdings, the gynecology and urology portfolio of Distal Access, the LumenR Tissue Retractor System and manufacturing assets and capabilities of the Neovasc advanced biological tissue business. Aforementioned strategic acquisitions and R&D activities has resulted in growth of business by introducing new technologies in medical field.
Copyright All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
8.1.2 Boston Scientific (Revenue & Financial Analysis) Fig: 8-1 Boston Scientific - Revenue (USD Billion), 2014-2016
Key Takeaways
Revenue (USD Billion)
XX
m a S XX
XX
2014
Source: Annual Report
2015
2016
Table No. 1
e l p
The company has achieved full-year sales of USD XX billion, representing XX percent revenue growth on both a reported and operational basis, and XX percent organic revenue growth.
Company continued to drive global expansion with emerging market organic sales growth of XX percent in 2016, representing approximately USD XX billion in revenue or XX percent of company’s total annual sales. This growth was led by strong results across many countries, most notably our business in China, which grew organic revenue XX percent.
Boston Scientific – Net Sales (USD Billion), 2014-2016
Products/Year
2016
2015
2014
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
Rhythm Management
XX
XX
XX
Interventional Cardiology Peripheral Interventions Cardiovascular Cardiac Rhythm Management Electrophysiology
Endoscopy
XX
XX
XX
Urology and Pelvic Health
XX
XX
XX
Neuromodulation
XX
XX
XX
MedSurg
XX
XX
XX
Subtotal Core Business
XX
XX
XX
Copyright All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
8.1.3 Boston Scientific ( Revenue Split & Recent News) Fig: 8-2 Boston Scientific- Revenue (%)-By Product Category, 2016
Interventional Cardiology
XX% XX%
XX%
XX%
XX% XX%
Endoscopy
Urology and Pelvic Health Neuromodulation
Source: Annual Report
United States
XX%
m a S Electrophysiology
e l p XX%
Peripheral Interventions Cardiac Rhythm Management
XX%
Fig: 8-3 Boston Scientific- Revenue (%)-By Geography, 2016
Europe
XX%
XX%
Asia Pacific, MEA
Other
Source: Annual Report
Recent News & Developments
Oct, 2017: Boston Scientific Corporation announced a definitive agreement to acquire Apama Medical Inc., a privately-held company that is developing the Apama Radiofrequency (RF) Balloon Catheter System for the treatment of atrial fibrillation (AF). The transaction consists of USD XX million in cash up-front and a maximum of USD XX million in contingent payments over the period of 2018-2020.
March, 2017: Boston Scientific Corporation announced a definitive agreement to acquire Symetis SA, a privately-held Swiss structural heart company focused on minimally-invasive transcatheter aortic valve implantation (TAVI) devices, for USD XX million in up-front cash.
March, 2016: Boston Scientific has launched a new app, called the Ureteral Stent Tracker, that helps urologists and their staff keep tabs on ureteral stents implanted in patients with kidney stones. The app was developed in partnership with health app developer Visible Health.
Copyright All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
8.2. medTrOniC Connect With Us: Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
8.2.1. Medtronic (Company Overview)
Founded 1949
Employees 88,000
m a S
Company Overview
Medtronic is one of the largest healthcare organizations
The Company is traded on the New York Stock Exchange (NYSE)
Medtronic operates in more than 155 countries worldwide with more than 260 locations
Medtronic is a healthcare industry which provides various healthcare devices to medical facilities across the globe
The company have various centers of R&D, manufacturing, distribution & education
e l p Headquarters Ireland
Website www.medtronic.com
Key Products
Ablation Systems Pacemakers
Coronary stents
Monitoring Systems
Sleep-Disordered breathing products Ventilator filters
Business Strategy
Acquisitions & Expansion: Medtronic is focusing on the expansion of its product portfolio due to rising in demand for healthcare facilities worldwide. The company is working on expansion of products and services by investing in research & development of healthcare facilities and through acquisitions as well. Medtronic acquires many leading healthcare organizations like Heartware, Covidien, etc. to expand its business in healthcare industry and became a leading organization across the globe
8.2.2. Medtronic (Financial Analysis) Fig: 8-4 Medtronic - Revenue (USD Million), 2013-2016
Revenue (USD Million)
XX XX
2013
Source: Annual Report
Key Financials
XX
m a S
2014
2015
Key Takeaways
e l p 
Revenue of the company witnessed a revenue of USD XX Million as the demands of healthcare facilities increases and the net sales reaches USD XX Million in the FY2015 from USD XX Million in FY2014

Revenue of the company during FY 2014FY 2015 recorded a Y-O-Y growth of XX% as the demands of healthcare equipment increase in many nations across the globe
Table No. 6
2014
2016
XX
XX%
XX
XX%
Debt to Asset
XX
XX%
Market Capitalization
XX
XX Million
Operating Margin Net Profit Margin
Source: Google finance, Morningstar
8.2.3. Medtronic (Financial Analysis) Fig: 8-5 Medtronic Sales (USD Million)-By Business Unit, 2015
Invasive therapies ; XX Diabetes; XX Restoring Therapie s; XX Source: Annual Report
Fig: 8-6 Medtronic Sales (USD Million)-By Business Unit, 2014
Cardiac & Vascular
Cardiac & Vascular; XX
Restoring Therapies
e l p
Cardiac & Vascular
XX
m a S Diabetes
Invasive therapies
Diabetes
XX
Restrorative Therapies
XX
Source: Annual Report
Key Findings
The revenue came from Cardiac & Vascular unit increases as the demands in this sector increased in the FY2015 across the globe
Increase in ageing population worldwide leads to diabetic diseases and this leads to grasp more healthcare facilities for diabetic patients by the nations which further increases the demand for diabetic healthcare facilities
Restorative therapies are also share a major contribution to the revenue of healthcare industry worldwide
8.2.4. Medtronic (Financial Analysis) Key Takeaways
Fig: 8-7 Medtronic Investment in R&D (USD Million)-By Year, 2016 1,700
XX
1,650
XX
1,600 1,550
XX
1,500 1,450 1,400 1,350 FY2013
m a S FY2014
Source: Annual Report
FY2015
e l p
Medtronic invested USD XX Million in R&D in the FY2014 to promote new products such as CGM sensors, etc.
Medtronic invested XX% of the total revenue in the R&D in the FY2015 to develop innovative and advanced products in healthcare sector
The R&D investment in FY2013 is USD XX Million which is XX% of the total revenue. This much percentage is invested in the FY2013 to add new products in the company portfolio
Recent News & Developments
September 1, 2016: Medtronic gets approval from Food & Drug Association(FDA) for its newly developed CGM system which is monitoring system which helps to examine the glucose level in a diabetic patient. This new product helps in the advancement of diabetes management system
August 23, 2016: Medtronic acquires Heartware International Inc. which is leading company in mechanical circulatory system(MCS) & also manufactures heart pumps & ventricular assist devices. This acquisition enables Medtronic to expands its product portfolio in the field of heat care facilities
January 26, 2016: Medtronic acquires Covidien, based in Ireland which provides essential medical products and facilities to healthcare industries. Medtronic completed the acquisition for USD 42,900 Million to expand its product portfolio and serve better healthcare facilities & products across the globe
9. value Chain analysis OF Flexible endOsCOpes markeT Connect With Us: Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
EXPORT and DOMESTIC Retail and Hotels
endoscopes SUPPLY
Supplier endoscopesS
COPRA
endoscopes S
endoscopes OIL CRUDE RBD
VIRGIN endoscopes OIL
m a S BY PRODUCTS
Shell, Husk (Coir/Dust), Cake
Fresh endoscopess SAP/TODDY MATURE TREES
FOOD:
EXPORT and DOMESTIC
e l p Cooking Oil Food Ingredient
SKINCARE: Cosmetics Personal care
VALUE ADDED
Compost/Anima Feed/Handicrafts
endoscopes WATER endoscopes Milk, Cream, Powder etc. SUGAR SAP endoscopes WOOD
Retail Health Shops Pharmacy Food Service Hotels and Spas Local Markets
EXPORT
For Further Processing
EXPORT and Domestic EXPORT and Domestic
CONSUMER endoscopes Endoscopes
9.1. Value Chain Analysis: Flexible Endoscopes
Aforementioned flow-chart shows more direct distribution channels forming for major Pacific endoscopes products as small producers shift from preliminary to final processing and distribute to emerging higher value regional markets such as overseas visitors, bringing producers and buyers closer. It indicates those points at which improved skills, technology, transport and other factors can deliver higher value (through quality, convenience, suitability for end use etc.) to the consumer. A new floor for endoscopes oil prices is likely to develop because prices are remaining higher than competing oils. Over one-third and maybe as high as half is used for oleochemical extraction for detergents and cosmetics. This is a relatively inelastic demand. Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
10. experT analysis Connect With Us: Published By: Goldstein Research
10. Expert Analysis
Expert Analysis In 2016, diagnostic laboratories dominated the market; nursing homes/clinics and hospitals segment accounted for nearly XX% of the total Asia-Pacific & Africa point of care testing (POCT) devices market and remaining XX% went for different end-use segments such as homecare settings. The main reason for this despaired share is due to the rising demand for point of care testing devices in diagnostic laboratories on the back of their advantages such as faster and precise results
e l p
However, as the medical device technology is on rise (especially in developing countries), the Africa therapeutic market is projected to reach USD XXXX million in 2023 from USD XXXX million in 2016, registering a growth rate of XX%. In addition to that, Africa pharmaceutical market touched USD XXXX million in 2016 and rising demand for prescription medicines in the region is expected to accelerate the market to USD XXXX million by the end of 2023
m a S
As a result, if seen from the big market point of view, blood glucose monitoring devices demand is higher in homecare settings followed by diagnostic laboratories. Moreover, the rising healthcare expenditure in Africa on the back of new healthcare reforms and rising investment in healthcare sector is expected to bolster the growth of point of care testing devices in Africa & Asia-Pacific region With USD XXXX million in 2016, blood glucose monitoring devices has the highest demand followed by glycated hemoglobin (HbA1c) testing devices and blood collection devices. The advancement in diagnostic devices are encouraging the hospitals and diagnostic laboratories to adopt the advanced devices to obtain accurate diagnosis data. The precise data would further help the physicians to provide better treatment to the patients Further, increasing spending by government authorities on research and development of innovative and advanced medical devices along with rising disease burden are some of the major reasons behind the spiked growth of Asia-Pacific & Africa point of care testing (POCT) devices market Further, increasing spending by government authorities on research and development of innovative and advanced medical devices along with rising disease burden are some of the major reasons behind the spiked growth of Asia-Pacific & Africa Flexible Endoscopes market Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
abOuT us Connect With Us: Published By: Goldstein Research
Vision
Value
Visibility
About Us Based in U.S., Goldstein Research is a young business consulting and market research firm with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions. With 30+ domain experts and 50+ employees working day and night to crunch numbers and bring out the best and detailed market reports and forecasts, we strive to enable you to foresee upcoming market challenges and develop a robust business model and strategies, which would add to your profitability and market visibility as a brand. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.
Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Vision
Value
Visibility
Terms of Use Kindly note that the publications made by Goldstein Research are exclusively proprietary. The market information revealed is subjected to the approval with an appropriate e-mail requested to Goldstein Research. Initial data and content can be published with a written permission of Goldstein Research. Further, to be noted that no part of our strategic business quantitative or qualitative data or analysis should be used for general purpose. It’s a non -disclosure and not for public disclosure. Accuracy of the data are solely contingent to the primary interview conducted and it may result in mare variations. So, we do not take responsibility; however the data and the information provided are at our utmost precision. Kindly note: Any lending, disclosure, resale, or copying of this publication can only be prepared with preceding written approval from Goldstein Research. Photocopying, mechanical, electronic, recording or otherwise are strictly prohibited deprived of permission from Goldstein Research. Also, transmission of this document by any means or in any form are still strictly forbidden.
Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Vision
Value
Visibility
Contact Us: For Research & Sales Related Queries +1-646-568-7747 +1-437-886-1181 +44-203-318-6627 +91-120-473-0422, +91-844-785-9968 sales@goldsteinresearch.com
Corporate Office: 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India www.goldsteinresearch.com Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com
Thank yOu Connect With Us: Published By: Goldstein Research Copyright
All Rights Reserved, Goldstein Research
www.goldsteinresearch.com