Technology News, Search Engine

Technology News & Search Engine

Technology News and Search Engine - Computers and Software,
Internet, Personal and Enterprise Technogy News. Website Builder.
Press release distribution service
Home | Technology News Search Engine:                                     

Home: Technology News:

Global Colonoscopy Devices Market to Grow at CAGR of 6.92% during 2020-2027 |

(IT-NEWSWIRE.COM, February 03, 2022 ) As per Renub Research, report titled “Colonoscopy Devices Market Global Forecast 2021-2027, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis” the Global Colonoscopy Devices Market is expected to be USD 2.1 Billion by 2027. Globally, Colonoscopy devices are used to examine the inside of the colon using a colonoscope inserted into the rectum. Wherein, colonoscope implies a thin, tube-like instrument with a light and a lens for viewing. Besides, a colonoscopy may also have a tool to remove tissue to be checked under a microscope for signs of disease. In addition, the gastroenterologist carefully guides the colonoscope in various directions to look inside the colon. After that, a picture from the camera appears on a monitor to provide a clear, magnified view of the colon lining.

Identification of the Cause of Signs and Symptoms for Colorectal Cancer drives the Market:

A colonoscopy is conducted to find the reason for signs and symptoms, constituting bleeding from the rectum, blood in the stools, pus or mucus in the stools, unexplained abdominal pain, changes in bowel habits, and unexplained long-lasting diarrhoea, screening and examination for colorectal cancer. Popularly, colonoscopy across the world is used to examine for cancer of the colon (bowel cancer) or colon polyps, which are extensions on the colon lining that can seldom be cancerous or may grow to be cancerous. Remarkably, as per the World Health Organization, in 2020, colorectal cancer estimated for around 1.93 Million numbers and more than 935,000 deaths globally.

Request a Free Sample Copy of the Report:

Visualization System is Estimated to be the Dominating and Fastest-Growing Division:

By product, colonoscopy devices are segmented into Visualization systems, colonoscopes and others. Visualization system is estimated to be the dominating and fastest-growing segment due to increasing preference for HD visualization systems. Besides, Visualization systems are popular among medical professionals, as they efficiently help in the examination & operation of complex disorders such as Colorectal cancer, Lynch syndrome, Ulcerative colitis, and others. Besides, colonoscope devices are employed to recognize lesions in the proximal perspective of colonic folds either by proffering a retrograde appearance of the lumen or straightening the haustral folds during withdrawal. Associated benefits of colonoscopy over other treatment options, such as enhanced precision, accuracy, and medication safety, are expected to boost its demand in surgical centres.

Hospitals Emerged as the Largest End-User Segment:

Hospitals are the primary health system constituting the usage of colonoscopy devices globally. The abundance of colorectal surgeries undertaken at hospitals is comparatively higher than the other health systems, such as clinics, ambulatory surgical centres (ASCs) or others. Consequently, the demand for colonoscopy devices in hospitals is relatively higher than that in other end-use segments.

North America Rules the Market and is anticipated to continue to do the same during the Forecast Period:

Currently, North America dominates the market for colonoscopy devices, and it is expected to continue its stronghold during the forecasted period. Key factors accountable for its dominance are increased treatment rates, high incidence of colorectal cancer in the region, inflated medicine prices compared to other major regions like Europe, Asia Pacific, South America and Middle East& Africa. In addition, the high unmet clinical needs of patients in the areas of North America, such as the lower Mississippi Delta and parts of Appalachia in the United States, are also boosting the market growth. Furthermore, growing healthcare investment and the well-established healthcare foundation are also fuelling the development of the overall regional market to a large extent.

Major Players in the Competitive Panorama:

The market is profoundly competitive and consists of several global players. As the industry progresses, the firms try to achieve clear differentiation in colonoscopy systems based on their application. Due to high-quality imaging and operative capabilities requirements, various customer groups are shifting toward optimized visualization systems that integrate colonoscopes and cameras. Some of the companies currently present in the market are Boston Scientific Corporation, Medtronic, Steris Plc, Olympus and Hoya. For instance, in April 2021, Medtronic launched an AI-based colonoscopy device in the US on the heels of FDA clearance.

Follow the link for the full report with detailed TOC and list of figures and tables:

Impact of COVID-19 on Colonoscopy Devices Industry:

COVID-19 pandemic had an immediate influence on the colonoscopy healthcare industry. Colonoscopy, the backbone for the diagnosis & administration of colorectal cancer, has come under tension due to COVID-19 in 2020. All non-urgent methods have been either rescheduled or substituted by replacement biomarkers. The pandemic was the chief reason for the slump of the market for colonoscopy devices in 2020. However, in 2021, the market has rebounded with double percentage maturity.

Market Summary:

By Product: We have covered Visualization system, Colonoscope and Others as major variants existing in the industry.
By Application: We have studied the application of Colonoscopy Devices in Colorectal cancer, Lynch syndrome, Ulcerative colitis and other.
By End User: We have covered Hospitals, Clinic, Ambulatory surgery center and others as end users.
By Region: We have analysed the Colonoscopy Devices industry in North America, Asia Pacific, Europe, Latin America, Middle East & Africa.
Company Analysis: In our report market's main players studied includeBoston Scientific Corporation, Medtronic, Steris Plc, Olympus and Hoya.

Browse Related Report:

Respiratory Care Devices Market:

Catheter Market:

Dialysis Market:

Radiation Dose Management Market:

Transcatheter Heart Valve Replacement Market:

Dental Diagnostics and Surgical Equipments Market:

4K Medical Imaging Market:

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

Contact Us:
Renub Research
Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)
Follow on Linkedin:
Follow on Twitter: @renubresearch

Renub Research

Rajat Gupta

Market Research, Bus

Source: EmailWire.Com


Sponsored Links

EmailWire Business Directory
EmailWire Business Directory about Legal, Stocks, Investment, Markets, Stocks

Submit website to Business Directory

Listen to GroupWeb Radio

Technology News Headlines
  • Computer Security
  • Digital Music
  • Digital Video/TV
  • Enterprise
  • Linux/Open Source
  • Microsoft
  • Mobil Phones
  • Internet
  • Personal Technology
  • Portals & Search Engines
  • RSS and Blogging
  • Software
  • Technology News
  • GroupWeb Market Place
    Website Builder - Blog Builder
    Build your website in 5 minutes. One month free. No setup fee! Blog Included.

    Your text Ads here!
    Ads are only $50 per month.Please contac us and state ou want to place advertisement on

    Technology Business Video Feed

    More Technology Video Feeds
  • Computers
  • Computers & Software
  • Home Theater
  • Personal Technology
  • TechBiz
  • TechBytes
  • Technology Publications

    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    Search Engine Optimization for E-commerce Sites: The Seven Most Common Pitfalls
    Website Magazine
    Business Activity Monitoring: Smart Decisions with Real-time Visibility

    No credit cards, coupons, or promo codes required. Try it today!

    Press release distribution service

    :: Home: :: Submit Press Release :: Subscribe to News :: Contact Us :: Help

    For unlimited press release distribution for $59 per month, call (281) 645-4086 or start posting your press releases online at
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net - a Technology News and Resource of GroupWeb Media LLC