France Endoscopy Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The France Endoscopy Devices Market is Segmented by Type of Device (Endoscopy Device, Endoscopic Operative Device, and Visualization Equipment) and Application

Market Snapshot

France
Study Period: 2018 - 2026
Base Year: 2020
CAGR: 6.2 %

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Market Overview

The demand for various endoscopy devices is anticipated to increase due to various factors, including rising demand for surgeries with faster recovery, fewer post-surgery infections, less pain, reduced scarring, better control on bleeding, and increased accuracy of the surgeries. Technological advances in surgical techniques and enhancement in equipment handling have transformed surgical procedures, including the introduction of minimally invasive surgeries. There has been an increased usage of endoscopic devices in disease diagnosis in the past few years. Nowadays, endoscopes are used for the prevention, detection, diagnosis, and treatment of various diseases. Minimally invasive surgeries are performed through tiny incisions instead of one large opening. Since the incisions are small, patients tend to have quicker recovery times and experience less discomfort than conventional surgery. These procedures usually provide equivalent outcomes to traditional open surgery and offer significant benefits, such as decreased rate of major bleeding, fewer post-op infections, fewer complications, shorter length of stay, quicker return to normal activities, less scarring, and comparable/lower cost, among other such benefits. Hence, owing to the aforementioned factors, minimally invasive surgeries have gained popularity in recent times, which is expected to boost the market in the forecast period.

Scope of the Report

As per the scope of the report, endoscope devices are minimally invasive and can be inserted into natural openings of the body, in order to observe an internal organ or a tissue in detail. Endoscopic surgeries are performed for imaging procedures and minor surgeries.

By Type of Device
Endoscopy Device
Rigid Endoscope
Flexible Endoscopes
Capsule Endoscope
Robot Assisted Endoscope
Endoscopic Operative Device
Visualization Equipment
By Application
Gastroenterology
Pulmonology
Orthopedic Surgery
Cardiology
ENT Surgery
Gynecology
Neurology
Other

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Key Market Trends

Flexible Endoscopes is Expected to Hold Largest Share Over the Forecast Period

Flexible endoscopes are widely used in hospitals, clinics, and physician's offices to perform several procedures, which include throat & mouth cancers, sleep apnea, chronic cough, hoarseness, vocal cord dysfunction, and swallowing disorders. The future market growth of flexible endoscopy looks promising with evolving advanced imaging systems, endoscopes with improved capabilities, enhancement of targeted therapeutics, and the application of NOTE (Natural Orifice Transluminal Endoscopic) surgery. Recent research studies reported that flexible endoscopy under conscious sedation with overtures is likely to show a high success rate. These devices can escalate patient safety and minimize personnel exposure to the liquid chemical germicide and its vapors. Hence, owing to these factors, along with the rising burden of cancer and the rising demand of these devices, the market is expected to witness significant growth over the forecast period.

France Endoscopy Devices Market 1

Competitive Landscape

The endoscopy devices market in France consists of several major players. The companies are implementing certain strategic initiatives, such as mergers and acquisitions, new product launches, and partnerships, that help them in strengthening their market position. For instance, in 2018, Cook Medical’s Cellvizio Confocal Laser Endomicroscopy (CLE) System and the Confocal Miniprobes received an additional 510(k) clearance from the U.S. Food and Drug Administration (FDA).

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Growing Preference for Minimally Invasive Surgeries

      2. 4.2.2 High Prevalence of Diseases that Require Endoscopy

    3. 4.3 Market Restraints

      1. 4.3.1 Lack of Skilled Technicians

      2. 4.3.2 Side Effect Associated with the Device

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type of Device

      1. 5.1.1 Endoscopy Device

        1. 5.1.1.1 Rigid Endoscope

        2. 5.1.1.2 Flexible Endoscopes

        3. 5.1.1.3 Capsule Endoscope

        4. 5.1.1.4 Robot Assisted Endoscope

      2. 5.1.2 Endoscopic Operative Device

      3. 5.1.3 Visualization Equipment

    2. 5.2 By Application

      1. 5.2.1 Gastroenterology

      2. 5.2.2 Pulmonology

      3. 5.2.3 Orthopedic Surgery

      4. 5.2.4 Cardiology

      5. 5.2.5 ENT Surgery

      6. 5.2.6 Gynecology

      7. 5.2.7 Neurology

      8. 5.2.8 Other

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Boston Scientific Corporation

      2. 6.1.2 Conmed Corporation

      3. 6.1.3 Cook Group Incorporated

      4. 6.1.4 Medtronic PLC

      5. 6.1.5 Johnson & Johnson

      6. 6.1.6 Fujifilm Holding Corporation

      7. 6.1.7 Hoya Corporation

      8. 6.1.8 Olympus Corporation

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments

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Frequently Asked Questions

The France Endoscopy Devices Market market is studied from 2018 - 2026.

The France Endoscopy Devices Market is growing at a CAGR of 6.2% over the next 5 years.

Boston Scientific Corporation, Conmed Corporation, Cook Group Incorporated, Medtronic PLC, Johnson & Johnson are the major companies operating in France Endoscopy Devices Market.

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