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Gastrointestinal Devices Global Market Report 2022 – By Product Type (Gi Videoscopes, Biopsy Devices, Endoscopic Retrograde Cholangiopancreatography Devices (ERCP), Capsule Endoscopy, Endoscopic Ultrasound, Endoscopic Mucosal Resection (EMR), Hemostasis Devices, Other Product Types), By End Users (Hospitals, Clinics & Dialysis Centers, Ambulatory Surgical Center), By Sales Channel (Online Retailing, Medical Stores & Brand Outlet) – Market Size, Trends, And Global Forecast 2022-2026

Starting Price : $5000.00 | Pages : 200 | Published : October 2022 | SKU CODE : 7662 | Delivery Time: 2-3 business days | 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.

The main product types of gastrointestinal devices are GI videoscopes, biopsy devices, endoscopic retrograde cholangiopancreatography devices (ERCP), capsule endoscopy, endoscopic ultrasound, and endoscopic mucosal resection (EMR), hemostasis devices, and others. Endoscopic retrograde cholangiopancreatography or ERCP refers to a process of diagnosing and treating problems in the liver, gallbladder, bile ducts, and pancreas. The various sales channel are online retailing, medical stores, and brand outlets. These are used in hospitals, clinics and dialysis centres, and ambulatory surgical centres.

The gastrointestinal devices market research report is one of a series of new reports from The Business Research Company that provides gastrointestinal devices market statistics, including gastrointestinal devices industry global market size, regional shares, competitors with a gastrointestinal devices market share, detailed gastrointestinal devices market segments, market trends and opportunities, and any further data you may need to thrive in the gastrointestinal devices industry. This gastrointestinal devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The global gastrointestinal devices market is expected to grow from $9.35 billion in 2021 to $10.05 billion in 2022 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The gastrointestinal devices market is expected to grow to $12.72 billion in 2026 at a CAGR of 6.1%.

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 disease, and 2% to 6% or an estimated three 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 restrain the gastrointestinal devices market. According to the NEJM Journal Watch, a sister publication of the 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 limitations 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 that hospitals and clinics 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.

For instance, in 2020, Olympus Corporation has announced the acquisition of Arc Medical Design Limited (Arc Medical Design), a subsidiary of Norgine B.V. This acquisition helps Olympus’ commitment to enlarging its offering in gastrointestinal therapeutic devices and the improvement of advanced colonoscopy tools. Norgine is a European-based specialist pharmaceutical company that has been bringing transformative medicines to patients for over a century.

Major players in the gastrointestinal devices market are Boston Scientific, Medtronic, Fujifilm Holdings Corporation, CONMED Corporation, Stryker Corporation, Johnson and Johnson, Olympus, Cook Group, Becton, Dickinson, and Company, and B. Braun Melsungen.

North America was the largest region in the gastrointestinal devices market in 2021. Asia Pacific was the second largest region in the gastrointestinal devices market. The regions covered in the gastrointestinal devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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

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, Other Product Types

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

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

    Table Of Contents

    1. Executive Summary

    2. Gastrointestinal Devices Market Characteristics

    3. Gastrointestinal Devices Market Trends And Strategies

    4. Gastrointestinal Devices Market – Macro Economic Scenario

    4.1 COVID-19 Impact On Gastrointestinal Devices Market

    4.2 Ukraine-Russia War Impact On Gastrointestinal Devices Market

    4.3 Impact Of High Inflation On Gastrointestinal Devices Market

    5. Gastrointestinal Devices Market Size And Growth

    5.1. Global Gastrointestinal Devices Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Gastrointestinal Devices Forecast Market, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F, $ Billion

    GI Videoscopes

    Biopsy Devices

    Endoscopic Retrograde Cholangiopancreatography Devices (ERCP)

    Capsule Endoscopy

    Endoscopic Ultrasound

    Endoscopic Mucosal Resection (EMR)

    Hemostasis Devices

    Other Product Types

    6.2. Global Gastrointestinal Devices Market, Segmentation  By End Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

     Hospitals

    Clinics & Dialysis Centers

    Ambulatory Surgical Center

    6.3. Global Gastrointestinal Devices Market, Segmentation  By Sales Channel, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Gastrointestinal Devices Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Gastrointestinal Devices Market  

    10.1. India Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Gastrointestinal Devices Market  

    11.1. Japan Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Gastrointestinal Devices Market  

    12.1. Australia Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Gastrointestinal Devices Market  

    13.1. Indonesia Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Gastrointestinal Devices Market  

    14.1. South Korea Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Gastrointestinal Devices Market  

    16.1. UK Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Gastrointestinal Devices Market  

    17.1. Germany Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Gastrointestinal Devices Market  

    18.3. France Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Gastrointestinal Devices Market  

    20.1. Russia Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Gastrointestinal Devices Market  

    24.1. Brazil Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, 2021-2026F, 2031F, $ 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. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Gastrointestinal Devices Market, Segmentation  By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Gastrointestinal Devices Market, Segmentation  By End Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Gastrointestinal Devices Market, Segmentation  By Sales Channel, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Gastrointestinal Devices Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Gastrointestinal Devices Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: China, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: India, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: Japan, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: Australia, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: Indonesia, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: South Korea, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Western Europe, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: UK, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Germany, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: France, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Eastern Europe, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: Russia, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: North America, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: USA, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: South America, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: Brazil, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: Middle East, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: Africa, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ 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, 2016-2021, $ Billion
  • Figure 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Figure 3: Global Gastrointestinal Devices Market, Segmentation  By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 4: Global Gastrointestinal Devices Market, Segmentation  By End Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 5: Global Gastrointestinal Devices Market, Segmentation  By Sales Channel, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 6: Global Gastrointestinal Devices Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 7: Global Gastrointestinal Devices Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 8: Asia-Pacific, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 9: China, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 10: India, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 11: Japan, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 12: Australia, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 13: Indonesia, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 14: South Korea, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 15: Western Europe, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 16: UK, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 17: Germany, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 18: France, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 19: Eastern Europe, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 20: Russia, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 21: North America, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 22: USA, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 23: South America, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 24: Brazil, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 25: Middle East, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 26: Africa, Gastrointestinal Devices Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ 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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