The Global Gastrointestinal Devices Market Report by The Business Research Company covers gastrointestinal devices market drivers and restraints, gastrointestinal devices market size, major players, and the impact of COVID-19 on the gastrointestinal devices market.

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. Some of these products include gastroscope, enter scope, and ultrasound endoscope. Only goods and services traded between entities or sold to end consumers are included.

The increasing prevalence of gastrointestinal diseases contributed to the growth of the gastrointestinal devices market. The global gastrointestinal devices market is expected to grow from $7.438 billion in 2020 to $7.902 billion in 2021 at a compound annual growth rate (CAGR) of 6.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $11.594 billion in 2025 at a CAGR of 10%.

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Some gastrointestinal devices market trends include single-use disposable endcaps of duodenoscopes. This is increasingly being used to prevent contamination during endoscopic retrograde cholangiopancreatography (ERCP) procedures. Single-use disposable caps control the infection and preserves the duodenoscope optics. The USFDA recommended the hospitals and clinics to shift from reusable duodenoscopes to disposable parts duodenoscopes.

Global gastrointestinal devices market segments include:

1) By Product Type: GI Videoscopes, Biopsy Devices, Endoscopic Retrograde Cholangiopancreatography Devices (ERCP), Capsule Endoscopy, Endoscopic Ultrasound, Endoscopic Mucosal Resection (EMR), Haemostasis Devices, Others.

2) By End Users:  Hospitals, Clinics & Dialysis Centres, Ambulatory Surgical Centre.

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

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Read More On The Gastrointestinal Devices Global Market Report 2021: COVID 19 Growth And Change to 2030 At:
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The Gastrointestinal Devices Global Market Report 2021: COVID 19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides gastrointestinal devices market overviews, analyzes and forecasts market size, share, gastrointestinal devices market players, gastrointestinal devices market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The gastrointestinal devices market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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Read Gastrointestinal Devices Global Market Report 2021: COVID 19 Growth And Change to 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.

Market Players Covered: Boston Scientific, Medtronic, Fujifilm Holdings Corporation, CONMED Corporation, Stryker Corporation, Johnson and Johnson, Olympus, Cook Group, Becton, Dickinson and Company, B. Braun Melsungen, ETHICON, Karl Storz, Congentix Medical, US Endoscopy, PENTAX Medical.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Gastrointestinal Devices Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Gastrointestinal Devices Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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