Market Size of Africa Endoscopy Devices Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 0.78 Billion |
Market Size (2029) | USD 1.10 Billion |
CAGR (2024 - 2029) | 7.20 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Africa Endoscopy Device Market Analysis
The Africa Endoscopy Devices Market size is estimated at USD 0.78 billion in 2024, and is expected to reach USD 1.10 billion by 2029, growing at a CAGR of 7.20% during the forecast period (2024-2029).
The COVID-19 pandemic has severely impacted healthcare services in Africa and Africa's endoscopy devices market. For instance, an article published in the journal WJGE in November 2021 reported that a survey conducted in Africa reported a 13% reduction in endoscopic procedures during the beginning of the pandemic. However, the decline in COVID-19 cases and the resumption of services are expected to boost market growth, and the studied market is expected to recover in the coming years fully.
The factors driving the growth of the African endoscopy market include technological developments leading to enhanced endoscopy applications in different medical conditions such as cancerous and noncancerous tumors, esophagitis, gastritis, duodenitis, celiac disease, and Crohn's disease. For instance, in September 2022, Olympus Corporation launched VISERA ELITE III, its newest surgical visualization platform that addresses the needs of healthcare professionals (HCPs) for endoscopic procedures across multiple medical disciplines. VISERA ELITE III is available in Africa including several other regions.
Also, the rising prevalence of gastrointestinal diseases such as gallstones, stomach ulcers, and gastritis where endoscopic procedures are commonly done to identify the cause of the disease, is increasing the usage of endoscopic procedures. An article published in the journal JGH, in June 2022, reported a high incidence of inflammatory bowel disease (IBD) in the African region. Endoscopy plays a fundamental role in the diagnosis, management, and treatment of inflammatory bowel disease; thus increasing IBD is driving the demand for endoscopic surgical devices in Africa.
Furthermore, the increasing incidence of cardiovascular diseases (CVDs) like coronary artery diseases in African countries is also increasing the demand for endoscopic devices. For instance, an article published by the journal EMHJ, in June 2022, reported that high-normal blood pressure (HNBP) has become associated with a two to three fold increase in the risk of developing hypertension, which gives rise to coronary artery diseases. The study published in the above-mentioned article stated that out of 13,983 adults aged between 18-59 years in Egypt 15.31% were associated with HNBP and 21.0% with hypertension, respectively. HNBP is an alarming risk factor among Egyptian adults because it is strongly associated with CVD risk, which may increase the demand for endoscopic devices for diagnosis and detection, thereby driving the growth of the studied market in Africa.
However, infections caused by few endoscopes, and the high cost of endoscopy procedures and equipment may slow down the market growth over the forecast period.
Africa Endoscopy Device Industry Segmentation
Endoscope devices are minimally invasive and can be inserted into the body to observe an internal organ or a tissue in detail. Endoscopic surgeries are performed for imaging procedures and minor surgeries. The African Endoscopy Devices Market is segmented by Endoscopy Devices (Endoscopes (Flexible Endoscopes, Rigid Endoscopes, Capsule Endoscopes, and Robot-assisted Endoscopes), Endoscopic Operative Devices (Irrigation/Suction Systems, Access Devices, Wound Protector, Insufflation Devices, Operative Manual Instruments, and Other Endoscopic Operative Devices) and Visualization Systems (Endoscopic Camera, SD Visualization System, and HD Visualization System)), Applications (Gastroenterology, Pulmonology, Cardiology, Urology, Neurology, Gynecology, and Other Applications) and Geography (South Africa, Egypt, Nigeria, Kenya, and Rest of Africa). The report offers the value (in USD million) for the above segments.
By Endoscopy Devices | ||||||||
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By Application | |
Gastroenterology | |
Pulmonology | |
Cardiology | |
Urology | |
Neurology | |
Gynecology | |
Other Applications |
By Geography | |
South Africa | |
Egypt | |
Nigeria | |
Kenya | |
Rest of the Africa |
Africa Endoscopy Devices Market Size Summary
The endoscopy devices market in Africa is poised for significant growth, driven by technological advancements and the increasing prevalence of gastrointestinal and cardiovascular diseases. The market is recovering from the setbacks caused by the COVID-19 pandemic, which had led to a reduction in endoscopic procedures. The introduction of advanced surgical visualization platforms, such as Olympus Corporation's VISERA ELITE III, is enhancing the capabilities of endoscopic procedures across various medical disciplines. The rising incidence of conditions like inflammatory bowel disease and cardiovascular diseases, such as coronary artery diseases, is further propelling the demand for endoscopic devices. Despite challenges like the high cost of procedures and potential infections, the market is expected to expand, particularly in the gastroenterology segment, due to the high prevalence of gastrointestinal diseases requiring endoscopic interventions.
Egypt is anticipated to experience substantial growth in the endoscopy devices market, fueled by advanced technologies, increased awareness, and a high incidence of chronic diseases. The country's focus on improving healthcare quality and patient safety, exemplified by the launch of innovative endoscope reprocessing solutions, is contributing to market expansion. The high prevalence of colon and rectum cancers in Egypt is a significant driver for endoscopic device demand. The competitive landscape in Africa is moderately active, with both global and local players like Medtronic PLC, Stryker Corporation, and Olympus Medical Systems Corporation holding market shares. Strategic partnerships and acquisitions, such as Ibnsina Pharma's acquisition of EI Shorouk Hospital, are enhancing endoscopic services, further supporting market growth.
Africa Endoscopy Devices Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Technological Advancements Leading to Enhanced Applications
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1.2.2 Rising Prevalence of Diseases that Require Endoscopy
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1.3 Market Restraints
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1.3.1 Infections Associated with Endoscopy
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1.3.2 High Cost of Endoscopy Procedures and Equipment
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Endoscopy Devices
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2.1.1 Endoscopes
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2.1.1.1 Flexible Endoscopes
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2.1.1.2 Rigid Endoscopes
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2.1.1.3 Capsule Endoscopes
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2.1.1.4 Robot-assisted Endoscopes
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2.1.2 Endoscopic Operative Devices
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2.1.2.1 Irrigation/Suction System
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2.1.2.2 Access Devices
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2.1.2.3 Wound Protector
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2.1.2.4 Insufflation Devices
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2.1.2.5 Operative Manual Instruments
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2.1.2.6 Other Endoscopic Operative Devices
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2.1.3 Visualization Systems
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2.1.3.1 Endoscopic Camera
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2.1.3.2 SD Visualization System
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2.1.3.3 HD Visualization System
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2.2 By Application
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2.2.1 Gastroenterology
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2.2.2 Pulmonology
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2.2.3 Cardiology
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2.2.4 Urology
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2.2.5 Neurology
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2.2.6 Gynecology
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2.2.7 Other Applications
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2.3 By Geography
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2.3.1 South Africa
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2.3.2 Egypt
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2.3.3 Nigeria
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2.3.4 Kenya
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2.3.5 Rest of the Africa
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Africa Endoscopy Devices Market Size FAQs
How big is the Africa Endoscopy Devices Market?
The Africa Endoscopy Devices Market size is expected to reach USD 0.78 billion in 2024 and grow at a CAGR of 7.20% to reach USD 1.10 billion by 2029.
What is the current Africa Endoscopy Devices Market size?
In 2024, the Africa Endoscopy Devices Market size is expected to reach USD 0.78 billion.