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Gastrointestinal Devices Global Market Report 2021: COVID 19 Growth And Change to 2030

Starting Price : $5000 | Pages : 175 | Published : January 2021 | SKU CODE : 7662 | Format :


The gastrointestinal devices market consists of sales of gastrointestinal devices and related services by entities (organizations, sole traders and partnerships) that manufacture gastrointestinal devices. These devices are used for the diagnosis and treatment of medical conditions related to the digestive system or the gastrointestinal tract. Some of these products include gastroscope, enteroscope, and ultrasound endoscope. Only goods and services traded between entities or sold to end consumers are included.

The global gastrointestinal devices market is expected to grow from $7.438 billion in 2020 to $7.902 billion in 2021 at a compound annual growth rate (CAGR) of 6.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $11.594 billion in 2025 at a CAGR of 10%.

The increasing prevalence of gastrointestinal diseases contributed to the growth of the gastrointestinal devices market. Gastrointestinal diseases include irritable bowel syndrome, hemorrhoids, perianal abscesses, colon polyps, and cancer among others. According to the Endoscopy Centre, every year 62 million Americans are diagnosed with any of the digestive diseases, and 2% to 6% or an estimated 3 lakhs to 5 lakhs Americans suffer from inflammatory bowel disease (IBD). According to the American College of Gastroenterology estimates, 10-15% of the adult population in the USA suffer from irritable bowel syndrome (IBS) symptoms. The increased prevalence of gastrointestinal diseases increased the demand for gastrointestinal devices to treat patients, thereby driving the market growth.

High healthcare costs for treating gastrointestinal disease restrains the gastrointestinal devices market. According to the NEJM Journal Watch, a sister publication of New England Journal of Medicine, the overall healthcare expenditure for the gastrointestinal disease is around $136 billion annually which is more than heart disease healthcare expenditure ($113 billion), trauma expenditure ($103 billion), mental health expenditure ($99 billion), indicating the high expenses involved in treating gastrointestinal disease. Moreover, a database analysis by American Gastroenterological Association states that patients with inflammatory bowel diseases (IBDs), chronic liver diseases (CLDs), functional gastrointestinal disorders (FGIDs), gastrointestinal hemorrhage are hospitalized at least once and are high-need and high-cost patients contributing disproportionately to hospitalization costs. In this context, they are the ones who are accessing inpatient services and need immense care due to functional limitation increasing the expenditure. The high healthcare expenditure for gastrointestinal disease forces the majority population to refrain from receiving treatment in non-emergency cases, which negatively impacts the growth of the gastrointestinal devices market.

Single-use disposable endcap of duodenoscope is increasingly being used to prevent contamination during endoscopic retrograde cholangiopancreatography (ERCP) procedures. Single-use disposable cap controls the infection and preserves the duodenoscope optics. The USFDA recommended the hospitals and clinics to shift from reusable duodenoscopes to disposable parts duodenoscopes. The USFDA also approved the duodenoscope model featuring the disposable parts such as the PENTAX Medical ED34-i10T duodenoscope in November 2019, FUJIFILM Corporation duodenoscope model ED-580XT in March 2019, Olympus TJF-Q190V Duodenoscope in January 2020. Olympus TJF-Q190V duodenoscope is used to perform the ERCP procedure with less risk of contamination due to the disposable distal endcap.

In March 2018, Boston Scientific had acquired EMcision for an undisclosed amount. The acquisition expected to expand and strengthen Boston scientific endoscopy portfolio that includes the Habib EndoHPB probe. The Habib EndoHPB probe is a new endoscopic bipolar radiofrequency device that coagulates tissue in the gastrointestinal (GI) tract. EMcision is a medical device company located in the United Kingdom and Canada. EMcision product portfolio includes Habib EndoHPB, Habib Endolate, Habib VesCoag.

The major players covered in the global gastrointestinal devices market are Boston Scientific, Medtronic, Fujifilm Holdings Corporation, CONMED Corporation, Stryker Corporation, Johnson and Johnson, Olympus, Cook Group, Becton, Dickinson and Company, B. Braun Melsungen, ETHICON, Karl Storz, Congentix Medical, US Endoscopy, PENTAX Medical.

The countries covered in the global gastrointestinal devices market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The regions covered in the global gastrointestinal devices market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global gastrointestinal devices market is segmented -

1) By Product Type: GI Videoscopes, Biopsy Devices, Endoscopic Retrograde Cholangiopancreatography Devices (ERCP), Capsule Endoscopy, Endoscopic Ultrasound, Endoscopic Mucosal Resection (EMR), Hemostasis Devices, Others

2) By End Users: Hospitals, Clinics & Dialysis Centers, Ambulatory Surgical Centers

3) By Sales Channel: Online Retailing, Medical Stores & Brand Outlets

    1. Executive Summary

    2. Gastrointestinal Devices Market Characteristics

    3. Gastrointestinal Devices Market Trends And Strategies

    4. Impact Of COVID-19 On Gastrointestinal Devices

    5. Gastrointestinal Devices Market Size And Growth

    5.1. Global Gastrointestinal Devices Historic Market, 2015-2020, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Gastrointestinal Devices Forecast Market, 2020-2025F, 2030F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Gastrointestinal Devices Market Segmentation

    6.1. Global Gastrointestinal Devices Market, Segmentation  By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    GI Videoscopes

    Biopsy Devices

    Endoscopic Retrograde Cholangiopancreatography Devices (ERCP)

    Capsule Endoscopy

    Endoscopic Ultrasound

    Endoscopic Mucosal Resection (EMR)

    Hemostasis Devices

    Others

    6.2. Global Gastrointestinal Devices Market, Segmentation  By End Users, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

     Hospitals

    Clinics & Dialysis Centers

    Ambulatory Surgical Center

    6.3. Global Gastrointestinal Devices Market, Segmentation  By Sales Channel, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Online Retailing

    Medical Stores & Brand Outlet

    7. Gastrointestinal Devices Market Regional And Country Analysis

    7.1. Global Gastrointestinal Devices Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    7.2. Global Gastrointestinal Devices Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    8. Asia-Pacific Gastrointestinal Devices Market  

    8.1. Asia-Pacific Gastrointestinal Devices Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    9. China Gastrointestinal Devices Market  

    9.1. China Gastrointestinal Devices Market Overview  

    9.2. China Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion

    10. India Gastrointestinal Devices Market  

    10.1. India Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    11. Japan Gastrointestinal Devices Market  

    11.1. Japan Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    12. Australia Gastrointestinal Devices Market  

    12.1. Australia Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    13. Indonesia Gastrointestinal Devices Market  

    13.1. Indonesia Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    14. South Korea Gastrointestinal Devices Market  

    14.1. South Korea Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    15. Western Europe Gastrointestinal Devices Market  

    15.1. Western Europe Gastrointestinal Devices Market Overview

    15.2. Western Europe Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    16. UK Gastrointestinal Devices Market  

    16.1. UK Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    17. Germany Gastrointestinal Devices Market  

    17.1. Germany Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    18. France Gastrointestinal Devices Market  

    18.3. France Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    19. Eastern Europe Gastrointestinal Devices Market  

    19.1. Eastern Europe Gastrointestinal Devices Market Overview

    19.2. Eastern Europe Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    20. Russia Gastrointestinal Devices Market  

    20.1. Russia Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    21. North America Gastrointestinal Devices Market  

    21.1. North America Gastrointestinal Devices Market Overview

    21.2. North America Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    22. USA Gastrointestinal Devices Market  

    22.1. USA Gastrointestinal Devices Market Overview

    22.2. USA Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    23. South America Gastrointestinal Devices Market  

    23.1. South America Gastrointestinal Devices Market Overview

    23.2. South America Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    24. Brazil Gastrointestinal Devices Market  

    24.1. Brazil Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    25. Middle East Gastrointestinal Devices Market  

    25.1. Middle East Gastrointestinal Devices Market Overview

    25.2. Middle East Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    26. Africa Gastrointestinal Devices Market  

    26.1. Africa Gastrointestinal Devices Market Overview

    26.2. Africa Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    27. Gastrointestinal Devices Market Competitive Landscape And Company Profiles

    27.1. Gastrointestinal Devices Market Competitive Landscape

    27.2. Gastrointestinal Devices Market Company Profiles

    27.2.1. Boston Scientific

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Medtronic

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Fujifilm Holdings Corporation

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. CONMED Corporation

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Stryker Corporation

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Gastrointestinal Devices Market

    29. Gastrointestinal Devices Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2020, $ Billion
  • Table 2: Global Forecast Market Growth, 2020-2025F, 2030F, $ Billion
  • Table 3: Global Gastrointestinal Devices Market, Segmentation  By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 4: Global Gastrointestinal Devices Market, Segmentation  By End Users, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 5: Global Gastrointestinal Devices Market, Segmentation  By Sales Channel, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 6: Global Gastrointestinal Devices Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 7: Global Gastrointestinal Devices Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 8: Asia-Pacific, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 9: China, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 10: India, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 11: Japan, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 12: Australia, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 13: Indonesia, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 14: South Korea, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 15: Western Europe, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 16: UK, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 17: Germany, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 18: France, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 19: Eastern Europe, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 20: Russia, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 21: North America, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 22: USA, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 23: South America, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 24: Brazil, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 25: Middle East, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 26: Africa, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 27: Boston Scientific Financial Performance
  • Table 28: Medtronic Financial Performance
  • Table 29: Fujifilm Holdings Corporation Financial Performance
  • Table 30: CONMED Corporation Financial Performance
  • Table 31: Stryker Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2020, $ Billion
  • Figure 2: Global Forecast Market Growth, 2020-2025F, 2030F, $ Billion
  • Figure 3: Global Gastrointestinal Devices Market, Segmentation  By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 4: Global Gastrointestinal Devices Market, Segmentation  By End Users, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 5: Global Gastrointestinal Devices Market, Segmentation  By Sales Channel, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 6: Global Gastrointestinal Devices Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 7: Global Gastrointestinal Devices Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 8: Asia-Pacific, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 9: China, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 10: India, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 11: Japan, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 12: Australia, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 13: Indonesia, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 14: South Korea, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 15: Western Europe, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 16: UK, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 17: Germany, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 18: France, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 19: Eastern Europe, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 20: Russia, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 21: North America, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 22: USA, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 23: South America, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 24: Brazil, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 25: Middle East, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 26: Africa, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 27: Boston Scientific Financial Performance
  • Figure 28: Medtronic Financial Performance
  • Figure 29: Fujifilm Holdings Corporation Financial Performance
  • Figure 30: CONMED Corporation Financial Performance
  • Figure 31: Stryker Corporation Financial Performance
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