Brazil Endoscopy Devices Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 0.96 Billion |
Market Size (2029) | USD 1.29 Billion |
CAGR (2024 - 2029) | 5.98 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
Brazil Endoscopy Devices Market Analysis
The Brazil Endoscopy Devices Market size is estimated at USD 0.96 billion in 2024, and is expected to reach USD 1.29 billion by 2029, growing at a CAGR of 5.98% during the forecast period (2024-2029).
The growing preference for minimally-invasive surgeries, increasing adoption of endoscopes for treatment and diagnosis, and technological advancements leading to enhanced applications are the major factors that are leading to the growth of the market. However, the lack of skilled technicians and infections caused by few endoscopes are hindering the market growth.
Endoscopy allows both operations on more fragile patients, notably the elderly, and the treatment of more complex diseases, such as cancer. Other benefits of endoscopy include reduced post-operative pain and risks of complications, rapid healing, lighter anaesthesia, and a shorter period of hospital stay. Surgery, interventional radiology, and advanced endoscopy have all developed minimally-invasive techniques to effectively treat a variety of diseases, in order to bring about a positive impact on patients' postoperative outcomes. The growing awareness among the elderly population about minimally-invasive procedures and the rising prevalence of chronic diseases, worldwide, boosts the demand for endoscopy devices.
Brazil Endoscopy Devices Market Trends
This section covers the major market trends shaping the Brazil Endoscopy Devices Market according to our research experts:
The Gynecology Segment is Expected to Show Better Growth in the Forecast period.
The high growth of the gynaecology segment is due to the fact that the gynecologic laparoscopic procedure is one of the common, minimally-invasive procedures performed to obtain a clear picture of the pelvic region. Uterus, ovaries, and fallopian tubes can be examined with a pelvic laparoscopy. These devices are also used for fibroids removal, uterus, ovarian cysts, lymph nodes, or an ectopic pregnancy, detection of cancer of the ovary, uterus, and cervix. Therefore, with the rising burden of gynecologic cancer and the rising demand for these devices, the market is expected to witness rapid growth over the forecast period.
Brazil Endoscopy Devices Industry Overview
The Brazil Endoscopy Device Market is moderately competitive and consists of several major players. Some of the companies which are currently dominating the market are Boston Scientific Corporation, Johnson and Johnson, Medtronic PLC, KARL STORZ, Olympus Corporation, Cook Group Incorporated, Conmed Corporation, Fujifilm Holdings Corporation, and Richard Wolf GmbH.
Brazil Endoscopy Devices Market Leaders
-
Boston Scientific Corporation
-
Johnson and Johnson
-
Medtronic PLC
-
KARL STORZ
-
Olympus Corporation
*Disclaimer: Major Players sorted in no particular order
Brazil Endoscopy Devices Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
-
4.2 Market Drivers
- 4.2.1 Growing Preference for Minimally-invasive Surgeries
- 4.2.2 Increasing Adoption of Endoscopy for Treatment and Diagnosis
- 4.2.3 Technological Advancements Leading to Enhanced Applications
-
4.3 Market Restraints
- 4.3.1 Lack of Skilled Technicians
-
4.4 Porter's Five Force Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
-
5.1 By Type of Device
- 5.1.1 Endoscopes
- 5.1.1.1 Rigid Endoscope
- 5.1.1.2 Flexible Endoscope
- 5.1.1.3 Capsule Endoscope
- 5.1.1.4 Robot-assisted Endoscope
- 5.1.2 Endoscopic Operative Device
- 5.1.2.1 Irrigation/Suction System
- 5.1.2.2 Access Device
- 5.1.2.3 Wound Protector
- 5.1.2.4 Insufflation Device
- 5.1.2.5 Other Endoscopic Operative Devices
- 5.1.3 Visualization Equipment
- 5.1.3.1 Endoscopic Camera
- 5.1.3.2 SD Visualization System
- 5.1.3.3 HD Visualization System
-
5.2 By Application
- 5.2.1 Gastroenterology
- 5.2.2 Pulmonology
- 5.2.3 Orthopedic Surgery
- 5.2.4 Cardiology
- 5.2.5 Gynecology
- 5.2.6 Other
6. COMPETITIVE LANDSCAPE
-
6.1 Company Profiles
- 6.1.1 Boston Scientific Corporation
- 6.1.2 Johnson and Johnson
- 6.1.3 Medtronic PLC
- 6.1.4 KARL STORZ
- 6.1.5 Olympus Corporation
- 6.1.6 Cook Group Incorporated
- 6.1.7 Conmed Corporation
- 6.1.8 Fujifilm Holdings Corporation
- 6.1.9 Richard Wolf GmbH
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityBrazil Endoscopy Devices Industry Segmentation
Endoscopes are minimally-invasive devices and can be inserted into natural openings of the body, to observe an internal organ or a tissue in detail. Endoscopic surgeries are performed for imaging procedures and minor surgeries. The endoscopy devices market has been segmented on the basis of the type of device, application.
By Type of Device | Endoscopes | Rigid Endoscope |
Flexible Endoscope | ||
Capsule Endoscope | ||
Robot-assisted Endoscope | ||
By Type of Device | Endoscopic Operative Device | Irrigation/Suction System |
Access Device | ||
Wound Protector | ||
Insufflation Device | ||
Other Endoscopic Operative Devices | ||
By Type of Device | Visualization Equipment | Endoscopic Camera |
SD Visualization System | ||
HD Visualization System | ||
By Application | Gastroenterology | |
Pulmonology | ||
Orthopedic Surgery | ||
Cardiology | ||
Gynecology | ||
Other |
Brazil Endoscopy Devices Market Research FAQs
How big is the Brazil Endoscopy Devices Market?
The Brazil Endoscopy Devices Market size is expected to reach USD 0.96 billion in 2024 and grow at a CAGR of 5.98% to reach USD 1.29 billion by 2029.
What is the current Brazil Endoscopy Devices Market size?
In 2024, the Brazil Endoscopy Devices Market size is expected to reach USD 0.96 billion.
Who are the key players in Brazil Endoscopy Devices Market?
Boston Scientific Corporation, Johnson and Johnson, Medtronic PLC, KARL STORZ and Olympus Corporation are the major companies operating in the Brazil Endoscopy Devices Market.
What years does this Brazil Endoscopy Devices Market cover, and what was the market size in 2023?
In 2023, the Brazil Endoscopy Devices Market size was estimated at USD 0.91 billion. The report covers the Brazil Endoscopy Devices Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Brazil Endoscopy Devices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Brazil Endoscopy Devices Industry Report
Statistics for the 2024 Brazil Endoscopy Devices market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Brazil Endoscopy Devices analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.