Gastroscopy is procedure in which flexible tube recognised as gastroscope is used to detect internal structure or the parts of stomach, esophagus, and the small intestine. The procedure is used to inspect the lining of gastrointestinal tract. The procedure can be done to acquire a biopsy to identify diseases such as coeliac or to perform test for helicobacter pylori. Helicobacter pylori is bacterium which is common cause of the gastric ulcers and duodenal.
Major drivers for growth of market across the globe are growing the prevalence of the gastric diseases, rising geriatric population, and the rising demand for advanced procedures and early diagnosis. Growth of market is restricted by high cost and possibility of developing infection through use of gastroscopes.
The growing prevalence of the gastric diseases has augmented investment made in the research by private and public organizations. This will supplementary lead to increase in demand for the procedure. According to article published in World Journal of Gastroenterology (WJG), in 2017, peptic ulcer affects almost 4 million people yearly with projected incidence rate of the 1.5 to 3.0%. According to the No Stomach for Cancer, Inc., in the year 2015, gastric cancer was third common cause of the deaths due to the malignancy and caused almost 723,000 deaths global. Thus, growing occurrences of cancers will further propel the growth of the market.
Segment Overview
The global market has been divided into type, and end user. By type, market has been divided into standard, transnasal, therapeutic, and dual-channel gastroscopes. By end user, market has been categorised as diagnostic labs, hospitals and clinics, ambulatory surgical centers, and others.
Regional Overview
The global market, based on region, is separated into the North America, Asia-Pacific, Europe, and the Middle East and Africa. In North America, market is undergoing tremendous growth owing to the increasing adoption of the new technologies for the detection of stomach ulcer, gastric cancer, and other gastrointestinal diseases and the rising prevalence of the digestive conditions such as dysphagia and dyspepsia. According to study conducted by National Foundation for the Swallowing Disorder, almost 15 million adults have suffered from dysphagia in the year 2016. Thus, market in the North America is expected to be largest during assessment period.
The European market for expected to be second-largest during forecast period. In Europe, prevalence of the disorders such as esophageal cancer, Barrett's esophagus, and inflammatory bowel disease is increasing, especially in geriatric population. According to Cancer Research UK, there were over 6680 new cases of the stomach cancer in UK in 2014, such factors are projected to boost growth of market.
Competitor overview
In September 2017, the Stryker Corporation has acquired NOVADAQ Technologies Inc, aiming to increase product portfolio of the imaging technology.
In June 2017, the Boston Scientific Corporation launched the Alair bronchial thermoplastic treatment in India.
In January 2017, the PENTAX Medical (Hoya Group) has acquired C2 Therapeutics with the aim to expand interventional endoscopy products. With the acquisition, company aims to support its position in global gastroscopes market.
Key Players
- Boston Scientific Corporation
- Cogentix Medical
- Fujifilm Holdings Corporation
- Olympus Corporation
- PENTAX MEDICAL
- Endomed Systems
- KARL STORZ GmbH & Co. KG.
- SonoScape Medical Corp.
- SOFMEDICA
- Perkin Elmer
Market Segmentation
By Type
- Standard Gastroscopes
- Therapeutic Gastroscopes
- Transnasal Gastroscopes
- Dual-Channel Gastroscopes
- Hospitals and Clinics
- Ambulatory Surgical Centers
- Diagnostic Labs
- Others
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- Rest of LAMEA
1 Report Prologue 12
2 Market Introduction 16
- 2.1 Introduction 16
- 2.2 Scope of Study 16
- 2.3 Research Objective 16
- 2.4 Assumptions & Limitations 17
- 2.4.1 Assumptions 17
- 2.4.2 Limitations 17
- 2.5 Market Structure 17
3 Research Methodology 18
- 3.1 Primary Research Methodology 19
- 3.2 Secondary Research Methodology 20
- 3.3 Market Share Analysis 21
- 3.4 Trade Analysis 22
- 3.5 Market Pricing Approach 22
4 Market Dynamics 23
- 4.1 Introduction 23
- 4.2 Divers 24
- 4.2.1 Increasing prevalence of gastric diseases will boost the gastroscopy market 24
- 4.2.2 Growing geriatric population 25
- 4.2.3 Increasing demands for advanced gastroscopy procedures and early diagnosis 26
- 4.3 Restraints 27
- 4.3.1 Infection by the use of gastroscopes 27
- 4.3.2 High cost of the gastroscopes 28
- 4.4 Opportunity 29
- 4.5 Macroeconomic Indicators 29
- 4.6 Product Trends 30
- 4.6.1 Mega Trends 30
- 4.6.1.1 Tissue biopsy and culturing of gastric cells 30
- 4.6.1 Mega Trends 30
5 Market Factor Analysis 31
- 5.1 Value Chain Analysis 31
- 5.1.1 Introduction 31
- 5.1.2 Raw Material 31
- 5.1.3 Supplier 31
- 5.1.4 Manufacturer 32
- 5.1.5 Marketing and distribution 32
- 5.1.6 Consumer 32
- 5.2 Porter’s Five Forces Model 33
- 5.2.1 Bargaining Power of Suppliers 34
- 5.2.2 Bargaining Power of Buyers 34
- 5.2.3 Threat of New Entrants 34
- 5.2.4 Threat of Substitutes 34
- 5.2.5 Intensity of Rivalry 34
- 5.3 Pestel Analysis 35
- 5.4 Demand and Supply Gap Analysis 35
- 5.5 Pricing Analysis 36
- 5.5.1 Average Selling Price 36
- 5.5.2 Cost Associated with the procedures 37
- 5.6 Resource Utilization 37
- 5.7 Product Feasibility 38
- 5.8 Investment Opportunities 38
- 5.9 Market Access Scenario 39
- 5.9.1 Reimbursement and Insurance 39
- 5.9.2 Government Policies and Funding 40
- 5.10 Merger & Acquisition 41
- 5.11 Procedure Numbers 42
6 Global Gastroscopes Market, By Type 43
- 6.1 Introduction 43
- 6.2 Standard Gastroscopes 45
- 6.3 Transnasal Gastroscopes 46
- 6.4 Therapeutic Gastroscope 47
- 6.5 Dual Channel Gastroscope 48
7 Global Gastroscopes Market, By Application 49
- 7.1 Introduction 49
- 7.2 Normal Mucosa 50
- 7.3 Chronic Gastritis 51
- 7.3.1 Superficial gastritis 51
- 7.3.2 Atrophic gastritis 51
- 7.4 Gastric Ulcer 52
- 7.5 Contraindications 53
8 Global Gastroscopes Market, By End User 54
- 8.1 Introduction 54
- 8.2 Hospitals & Clinics 56
- 8.3 Diagnostic labs 57
- 8.4 Ambulatory Surgical Centres 58
9 Global Gastroscopes Market, By Region 59
- 9.1 Introduction 59
- 9.2 Americas 61
- 9.2.1 U.S. 64
- 9.2.2 Canada 66
- 9.2.3 Latin Americas 68
- 9.3 Europe 71
- 9.3.1 Germany 75
- 9.3.2 France 77
- 9.3.3 UK 79
- 9.3.4 Italy 81
- 9.3.5 Spain 83
- 9.3.6 Rest Of Western Europe 85
- 9.3.7 Eastern Europe 87
- 9.4 Asia Pacific 89
- 9.4.1 Japan 92
- 9.4.2 China 94
- 9.4.3 India 96
- 9.4.4 Australia 98
- 9.4.5 Republic of Korea 100
- 9.4.6 Rest of Asia Pacific 103
- 9.5 Middle East & Africa 105
- 9.5.1 Middle East 108
- 9.5.2 Africa 110
10 Company Landscape 113
- 10.1 Introduction 113
- 10.2 Company Share Analysis 113
- 10.3 Technology Analysis of Market Vendors 115
- 10.4 Key Developments 116
11 Company Profile 117
- 11.1 Olympus Corporation 117
- 11.1.1 Company Overview 117
- 11.1.2 Financials 117
- 11.1.3 Products 117
- 11.1.4 Strategy 117
- 11.1.5 Key Developments 117
- 11.2 Boston Scientific Corporation 118
- 11.2.1 Company Overview 118
- 11.2.2 Financials 118
- 11.2.3 Products 118
- 11.2.4 Strategy 118
- 11.2.5 Key Developments 118
- 11.3 Fujifilm Holdings Corporation 119
- 11.3.1 Company Overview 119
- 11.3.2 Financials 119
- 11.3.3 Products 119
- 11.3.4 Strategy 119
- 11.3.5 Key Developments 119
- 11.4 Pentax Medical 120
- 11.4.1 Company Overview 120
- 11.4.2 Financials 120
- 11.4.3 Products 120
- 11.4.4 Strategy 120
- 11.4.5 Key Developments 120
- 11.5 Perkin Elmer 121
- 11.5.1 Company Overview 121
- 11.5.2 Financials 121
- 11.5.3 Products 121
- 11.5.4 Strategy 121
- 11.5.5 Key Developments 121
- 11.6 KARL STORZ GmbH & Co. KG 122
- 11.6.1 Company Overview 122
- 11.6.2 Financials 122
- 11.6.3 Products 122
- 11.6.4 Strategy 122
- 11.6.5 Key Developments 122
- 11.7 SonoScape Medical Corp. 123
- 11.7.1 Company Overview 123
- 11.7.2 Financials 123
- 11.7.3 Products 123
- 11.7.4 Strategy 123
- 11.7.5 Key Developments 123
12 Conclusion 124
- 12.1 Key Findings 124
- 12.1.1 CEO’s Viewpoint 124
- 12.1.2 Unmet Needs 124
- 12.1.3 Key Companies to Watch 124
- 12.1.4 Prediction of Gastroscopes Industry 124
13 Appendix 125
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
