'Endoscopy Will Become one of the Fastest Growing Sectors in the Medical Device Industry' Says Visiongain

LONDON, January 18, 2012 /PRNewswire/ --

A new report by visiongain, a London-based business information provider, predicts that the global market for endoscopy devices will be worth $75.8bn by 2022. The market generated sales of 23.3 billion dollars in 2010.

The medical device industry has experienced substantial growth in the past decade owing primarily to changes in patient demographics. A key factor in the growth of this market is endoscopy, which has progressed rapidly in recent years owing primarily to an increased patient demand for minimally invasive procedures for treatment and diagnosis purposes. Historically, endoscopy was regarded as a diagnostic procedure usually scheduled after the patient has undergone imaging scans, such as X-ray or MRI to determine the cause of their medical complaint. However, technological advancements in the field and broader applications of use in recent years has propelled the field of endoscopy, with new and innovative devices offering enhanced image quality and access to regions of the body previously thought as "difficult". Physicians now regard endoscopy as the primary method of diagnoses and treatment, and will usually schedule this procedure ahead of an imaging scan.

Hemant Mistry, healthcare industry analyst, says: "A worldwide aging population is triggering a rise in the incidence of age related disorders such as arthritis and cancer. In response there has been a surge in patient demand for minimally invasive procedures such as laparoscopic surgery. Also, the aging population is causing an increase in reported cases of colorectal cancer. Early screening procedures, such as a colonoscopy or a capsule endoscopy, can reduce the mortality rate by up to 90%. An increased patient awareness of this preventative screening method will drive the demand for gastrointestinal endoscopic procedures."

Visiongain's research also suggests that the world endoscopy devices market may benefit from globalisation. Rapidly growing economies in countries such as Brazil, Russia, India and China (BRIC nations) is fuelling a rise in the middle class population with increased wealth. This will lead to an increased adoption of westernised lifestyles, most notably with regards to diet, prompting a rise in the incidence of conditions such as obesity and cardiovascular disease. Consequently, the number of reported laparoscopic weight-loss procedures will also increase. Furthermore, the rapid growth of these countries' economies is also prompting a rise in healthcare spending and medical insurance cover.

Visiongain predicts that the endoscopy devices market will grow rapidly to 2022. The future of the endoscopy devices market appears promising and has significant potential for growth and investment with the increasing demand for safer, less invasive therapies. This new report adds to visiongain's wide range of analytical reports in healthcare and other industry areas.

For sample pages and further information concerning the Visiongain report Endoscopy devices: world market outlook 2012-2022 please visit http://www.visiongain.com/Report/744/Endoscopy-Devices-World-Market-Outlook-2012-2022

For an executive summary of this report please email:
Sara Peerun at sara.peerun@visiongainglobal.com
Tel: +44(0)20-7336-6100

1. Executive Summary
1.1 Sector Highlights
1.2 Aims, Scope and Format of the Report
1.3 Chapter Outline
1.4 Research and Analysis Methods
1.5 Glossary of Terms Related to Report

2. Introduction to Endoscopy
2.1 Endoscopy
2.1.1 History of Endoscopy
2.2 Modern Day Endoscopes
2.2.1 Endoscope Components
2.3 Types of Endoscopy
2.4 The Gastrointestinal (GI) Tract
2.4.1 Diseases Affecting The GI Tract
2.4.2 The Use of Endoscopy in GI Tract Disorders
2.4.2.1 Upper Endoscopy
2.4.2.2 Enteroscopy
2.4.2.3 Colonoscopy
2.4.2.4 Endoscopic Retrograde Cholangiopancreatography (ERCP)
2.5 The Respiratory Tract
2.5.1 Diseases Affecting The Respiratory Tract
2.5.2 The Use of Endoscopy in Respiratory Tract Disorders
2.5.2.1 Rhinoscopy
2.5.2.2 Laryngoscopy
2.5.2.3 Bronchoscopy
2.6 The Urinary Tract
2.6.1 Diseases Affecting The Urinary Tract
2.6.2 The Use of Endoscopy in Urinary Tract Disorders
2.6.2.1 Cystoscopy
2.6.2.2 Ureteroscopy
2.7 Endoscopy in Naturally Closed Areas
2.7.1 Laparoscopy
2.7.2 Arthroscopy
2.7.3 During Pregnancy
2.8 Endoscopy in Non Medical Environments
2.9 Risks of Endoscopy

3. The Endoscopy Devices Market, 2010-2022
3.1 The Global Medical Devices Market, 2010
3.2 The Global Endoscopy Devices Market, 2010
3.3 The Global Endoscopy Devices Market by Type of Endoscope, 2010
3.4 Leading Segments in the Endoscopy Devices Market, 2010
3.5 Endoscopy Devices Market Forecast, 2011-2022
3.5.1 Endoscopy Devices Market Trends, 2011-2022
3.6 Endoscopy Devices Market Forecast by Segments, 2011-2022
3.6.1 Laparoscopy, Urology and Gastrointestinal Devices
3.6.2 Arthroscopy, ENT, Gynaecology, Neurology and Other Devices
3.6.2.1 Arthroscopy Devices: Market Trends, 2011-2022
3.6.2.2 Ear, Nose & Throat Devices: Market Trends, 2011-2022
3.6.2.3 Gynaecology Devices: Market Trends, 2011-2022
3.6.2.4 Neurology Devices: Market Trends, 2011-2022

4. Laparoscopy Devices Market, 2010-2022
4.1 Laparoscopy
4.2 Laparoscopy Devices Market, 2010
4.3 Laparoscopy Devices Market Forecast, 2011-2022
4.3.1 Laparoscopy Devices Market Trends, 2011-2022
4.4 Laparoscopy Devices Market: Companies and Products
4.4.1 Karl Storz
4.4.2 Smith and Nephew
4.4.3 Olympus
4.4.4 Stryker
4.4.5 Richard Wolf

5. Urology Endoscopy Devices Market, 2010-2022
5.1 Urology
5.2 Urology Devices Market, 2010
5.3 Urology Devices Market Forecast, 2011-2022
5.3.1 Urology Devices Market Trends, 2011-2022
5.4 Urology Devices Market: Companies and Products
5.4.1 Stryker
5.4.2 Karl Storz
5.4.3 Olympus
5.4.4 Richard Wolf

6. Gastrointestinal Endoscopy Devices Market, 2010-2022
6.1 Gastrointestinal
6.2 Gastrointestinal Devices Market, 2010
6.3 Gastrointestinal Devices Market Forecast, 2011-2022
6.3.1 Gastrointestinal Devices Market Trends, 2011-2022
6.4 Gastrointestinal Devices Market: Companies and Products
6.4.1 Olympus
6.4.2 Karl Storz
6.4.3 Given Imaging
6.4.4 Fujifilm

7. Leading Companies in the Endoscopy Devices Market, 2010
7.1 Large Companies Dominate the Market
7.2 Endoscopy Devices: Market Breakdown by Company, 2010
7.3 Olympus
7.3.1 Sales and Recent Performance Analysis, 2010
7.3.2 Financial Analysis by Sector, 2010
7.3.3 Mergers and Acquisitions will Sustain Growth
7.3.4 Olympus Wins Good Factory Award
7.4 Stryker
7.4.1 Sales and Recent Performance Analysis, 2010
7.4.2 Financial Analysis By Sector
7.4.2.1 Medical And Surgical
7.4.2.2 Orthopaedic
7.5 Smith & Nephew
7.5.1 Sales and Recent Performance Analysis, 2010
7.5.2 Financial Analysis By Sector
7.5.2.1 Endoscopy
7.5.3 Acquisition of TENENT Medical Engineering
7.6 Given Imaging
7.6.1 Sales and Recent Performance Analysis, 2010
7.6.2 Japan Clinical Trial May Prove Pivotal

8. Leading National Endoscopy Devices Markets, 2010-2022
8.1 Breakdown of The Global Endoscopy Devices Market, 2010
8.2 The Global Endoscopy Devices Market: National/Regional Forecast 2011-2022
8.3 The US Market
8.4 The European Market
8.4.1 The European Market Forecast, 2011-2022
8.4.2 Germany and France
8.4.3    Italy
8.4.4 Spain
8.4.5 The U.K
8.5 The Japanese Market
8.6 The Indian Market
8.7 The Chinese Market

9. SWOT Analysis of the Endoscopy Devices Market, 2011-2022
9.1 Endoscopy Devices: Industry Trends
9.2 Strengths
9.2.1 Patient Demographics
9.2.2 Less Invasive and Lower Costs
9.3 Weaknesses
9.3.1 Perception of Risk
9.3.2 Lack of Awareness
9.4 Opportunities
9.4.1 Continued Investment
9.4.2 Technological Advancements
9.4.3 Globalisation
9.5 Threats
9.5.1 Reusable Devices
9.5.2 FDA Changes
9.5.3 Medical Device Excise Tax

10. Endoscopy Device Pipeline, 2010
10.1 Innovative Technology Drives the Market
10.2 Advances in Colonoscopy
10.3 Transnasal Endoscopy
10.4 Chromoendoscopy
10.5 Light-Scattering Spectroscopy
10.6 Endocytoscopy

11. Expert Opinion
11.1    Interview with Fred Perner and Roger Odell, Encision Inc.
11.1.1    Active Electrode Monitoring
11.1.2    Public/Patient Awareness
11.1.3 Challenges Facing Encision and the Global Market
11.1.4    Future Projections

12. Conclusions
12.1 Overview
12.2 Laparoscopic Procedures to Increase
12.3 Prominent Companies in the Market
12.4 World Market Forecasts
12.5 Future Outlook and Concluding Remarks

Appendix A
Appendix B
Visiongain report evaluation form


Companies Listed

Accellent
Acclarent
Advanced Endoscopy Devices (AED)
Aesculap (B. Braun)
Boston Scientific
ConMed Corp.
Cook Medical
Covidien
Dart Systems
Encision
EndoGastric Solutions
Ethicon Endo-Surgery
Fujifilm
Given Imaging
Hobbs Medical
Horizon International Corp.
Hoya (Pentax)
Johnson & Johnson
Karl Storz
Microline Surgical
Minntech
Olympus
Ovesco Endoscopy AG
Precision Endoscopic Technologies
Richard Wolf
SmartPill
Smith and Nephew
Stress Engineering Services Inc.
Stryker
US Endoscopy
Welch Allyn

About visiongain

Visiongain is one of the fastest growing and most innovative independent business intelligence companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters and management reports focusing on the Energy, Telecoms, Pharmaceuticals, Defence, Aviation and Materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.

Notes for Editors

If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44(0)207-336-6100