Gastrointestinal Endoscopic Devices Market Analysis, Size, Trends | China | 2020-2026 | MedSuite
The Chinese gastrointestinal (GI) endoscopic device market includes GI endoscopes, capsule endoscopes, stenting devices, dilation devices, endoscopic retrograde cholangiopancreatography (ERCP) devices, biopsy forceps, polypectomy snares, hemostasis devices and enteral feeding devices. High demand for GI screening and intervention procedures due to the aging population and growing awareness will drive market growth. Over the 20112018 forecast period, market expansion will be fueled by procedural growth and a higher incidence of GI disease; this will result in market growth accelerating gradually over the forecast period.
- Year: 2020
- Scope: 2016-2026
- Region: China
- Published Date: 3/18/2020
- Pages: 275
- Type: MedSuite
By 2020, the Chinese gastrointestinal endoscopic device market size was valued at approximately $1.3 billion, with over 12.5 million colonoscopy procedures performed every year. The market value is expected to increase at a compound annual growth rate (CAGR) of 5.1% to approach $1.9 billion in 2026.
Throughout this medical market research, we analyzed 43 endoscopic device companies across China and used our comprehensive methodology to understand the market sizes, unit sales, company market shares, and to create accurate forecasts.
While this MedSuite report contains all the Chinese Gastrointestinal Endoscopic Devices market data and analysis, each of the market segments is also available as stand-alone MedCore reports. This allows you to get access to only the market research that you need.
DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Forecasts Until 2026, and Historical Data to 2016
- Market Drivers & Limiters for Each Gastrointestinal Endoscopic Device market
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- Gastrointestinal Endoscopy Procedure Volumes
- Disease Overviews and Demographic Information
- Company Profiles, Product Portfolios and SWOT for Top Competitors
- Related Press Releases from Top Competitors
Market Value and Industry Trends
The growth of the Chinese gastrointestinal endoscopic device market will likely be limited by the prevalence of government hospitals. Since government hospitals dominate the GI treatment space, their purchasing decisions have large impacts on ASPs. Government hospitals tend to buy in bulk, which is often associated with discounted deals, depressing ASPs in the GI space. On top of that, the government has started purchasing GI devices from local manufacturers, rather than premium, international companies.
As endoscopy represents a major segment of the Chinese market, technological improvements to these devices will propel the growth of the total GI market moving forward. The HD format, and now HD+, along with advanced magnification capabilities, which penetrated the GI endoscope market only recently, resulted in a greater detection rate for polyps.
Unlike the system in the United States, Chinese government hospitals operate on a rebate system. After purchasing a GI device, a hospital may then receive a discount through a partial reimbursement strategy. The percentage of this discount varies according to the hospital, product purchased, size of the order, and the manufacturer involved.
By 2020, Olympus was the leading competitor in the GI endoscopic device market and held market positions across all segments of the market. The company has an extensive network of distributors and a far-reaching sales force. Olympus is known for the high quality of its products and the technological innovation that it introduces to the market.
Boston Scientific was the second leading competitor in the Chinese market. The company has experienced significant growth in the biliary and pancreatic stent market since launching the AXIOS™ lumen-apposing covered-metal stent in 2016. The lumen-apposing covered-metal stent market is one of the latest innovations in the ERCP space, indicated for transgastric or transduodenal endoscopic drainage of symptomatic pancreatic pseudocysts and walled-off necrosis under EUS imaging guidance.
The third-leading competitor in the Chinese gastrointestinal endoscopic device market was Mirco-Tech. The company’s strong position in the market is attributed mainly to its leading position in the hemostasis device market, and specifically, its dominance in the ligation clip market. The company represented more than half of the revenue generated by ligation clips in China.
Feel free to click on each title to view detailed segmentation.
- Gastrointestinal Endoscopy Procedure Volumes – MedPro – The in-depth analysis of gastrointestinal endoscopy procedures performed in China, including Gastrointestinal Endoscopy, Endoscopic Retrograde Cholangiopancreatography, Stenting & Dilation, Tissue Sampling, and Hemostasis procedures.
- Gastrointestinal Endoscope Market – MedCore – The market is further broken down by Device Type into the Colonoscope, Duodenoscope, Enteroscope, Ultrasound Endoscope, and Gastroscope markets.
- Capsule Endoscopy Market – MedCore – The market is also further segmented into the Camera Capsule, Workstation, and Data Recorder markets.
- Stenting & Dilation Market – MedCore – The market consists of the segments for Stents and Dilation Balloons.
- Endoscopic Retrograde Cholangiopancreatography (ERCP) Market – MedCore – The market further broken down by Device Type into the Sphincterotome, Biliary Stone Removal Balloon, Biliary Stone Removal Basket, Biliary Dilation Balloon, Biliary Lithotripter, ERCP Guidewire, and ERCP Cannula markets.
- Endoscopic Tissue Sampling Device (ETSD) Market – MedCore – The market consists of the segments, such as Biopsy Forceps, Cytology Brush, Polypectomy Snare, and EUS Needle market segments.
- Hemostasis Device Market – MedCore – The market is broken down into segments by Device Type, such as Hemostasis Probe, Ligation Device, and Sclerotherapy Needle markets.
DETAILED MARKET SEGMENTATION
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TABLE OF CONTENTS FOR THE CHINESE GASTROINTESTINAL ENDOSCOPIC DEVICE MARKET REPORT SUITETABLE OF CONTENTS ILIST OF FIGURES VIILIST OF CHARTS XIEXECUTIVE SUMMARY 1CHINESE GASTROINTESTINAL ENDOSCOPIC DEVICE MARKET OVERVIEW 1COMPETITIVE ANALYSIS 4MARKET TRENDS 7MARKET DEVELOPMENTS 9PROCEDURE NUMBERS 11MARKETS INCLUDED 12KEY REPORT UPDATES 14VERSION HISTORY 14RESEARCH METHODOLOGY 15Step 1: Project Initiation & Team Selection 15Step 2: Prepare Data Systems and Perform Secondary Research 18Step 3: Preparation for Interviews & Questionnaire Design 20Step 4: Performing Primary Research 21Step 5: Research Analysis: Establishing Baseline Estimates 23Step 6: Market Forecast and Analysis 24Step 7: Identify Strategic Opportunities 26Step 8: Final Review and Market Release 27Step 9: Customer Feedback and Market Monitoring 28
CHINESE GASTROINTESTINAL ENDOSCOPIC DEVICE MARKET OVERVIEW2.1 INTRODUCTION 292.2 CURRENCY EXCHANGE RATE 302.3 MARKET OVERVIEW 312.4 TREND ANALYSIS BY SEGMENT 372.5 DRIVERS AND LIMITERS 402.5.1 Market Drivers 402.5.2 Market Limiters 412.6 COMPETITIVE MARKET SHARE ANALYSIS 432.7 MERGERS AND ACQUISITIONS 50
PROCEDURE NUMBERS3.1 PROCEDURES 523.1.1 GI Endoscopic Device Procedures 523.1.2 Gastrointestinal Endoscopy Procedures 5188.8.131.52 EGD Procedures 5184.108.40.206 Colonoscopy Procedures 5220.127.116.11 Enteroscopy Procedures 518.104.22.168 Ultrasound Endoscopy Procedures 522.214.171.124 Capsule Endoscopy Procedures 553.1.3 ERCP Procedures 583.1.4 Stenting and Dilation Procedures 603.1.4.1 Stenting Procedures 603.1.4.2 Dilation Procedures 603.1.5 Tissue Sampling Procedures 623.1.6 Hemostasis Procedures 64
GASTROINTESTINAL ENDOSCOPE MARKET4.1 INTRODUCTION 664.2 MARKET OVERVIEW 684.3 MARKET ANALYSIS AND FORECAST 744.3.1 Total Gastrointestinal Endoscope Market 744.3.2 Colonoscope Market 764.3.3 Duodenoscope Market 784.3.4 Enteroscope Market 804.3.5 Ultrasound Endoscope Market 824.3.6 Gastroscope Market 844.4 DRIVERS AND LIMITERS 864.4.1 Market Drivers 864.4.2 Market Limiters 874.5 COMPETITIVE MARKET SHARE ANALYSIS 89
CAPSULE ENDOSCOPY MARKET5.1 INTRODUCTION 935.2 MARKET OVERVIEW 955.3 MARKET ANALYSIS AND FORECAST 1005.3.1 Camera Capsule Market 1005.3.2 Workstation Market 1035.3.3 Data Recorder Market 1055.4 DRIVERS AND LIMITERS 1075.4.1 Market Drivers 1075.4.2 Market Limiters 1085.5 COMPETITIVE MARKET SHARE ANALYSIS 110
STENTING & DILATION DEVICE MARKET6.1 INTRODUCTION 1146.2 MARKET OVERVIEW 1166.3 MARKET ANALYSIS AND FORECAST 1226.3.1 Gastrointestinal Stent Market 1126.96.36.199 Esophageal Stent Market 12188.8.131.52 Duodenal Stent Market 12184.108.40.206 Colonic Stent Market 1316.3.2 Gastrointestinal Dilation Device Market 13220.127.116.11 Esophageal Dilation Balloon Market 1318.104.22.168 Duodenal Dilation Balloon Market 1406.3.2.3 Colonic Dilation Balloon Market 1426.4 DRIVERS AND LIMITERS 1446.4.1 Market Drivers 1446.4.2 Market Limiters 1456.5 COMPETITIVE MARKET SHARE ANALYSIS 148
ENDOSCOPIC RETROGRADE CHOLANGIOPANCREATOGRAPHY DEVICE MARKET7.1 INTRODUCTION 1527.2 MARKET OVERVIEW 1537.3 MARKET ANALYSIS AND FORECAST 1597.3.1 Sphincterotome Market 1597.3.2 Biliary Stone Removal Balloon Market 1627.3.3 Biliary Stone Removal Basket Market 1657.3.4 Biliary Dilation Balloon Market 1687.3.5 Biliary Lithotripter Market 1707.3.6 ERCP Guidewire Market 1727.3.7 ERCP Cannula Market 1757.4 DRIVERS AND LIMITERS 1777.4.1 Market Drivers 1777.4.2 Market Limiters 1787.5 COMPETITIVE MARKET SHARE ANALYSIS 180
ENDOSCOPIC TISSUE SAMPLING DEVICE MARKET8.1 INTRODUCTION 1838.2 MARKET OVERVIEW 1848.3 MARKET ANALYSIS AND FORECAST 1898.3.1 Biopsy Forceps Market 1822.214.171.124 Disposable Biopsy Forceps Market 19126.96.36.199.1 Cold Disposable Biopsy Forceps Market 2008.3.1.1.2 Hot Disposable Biopsy Forceps Market 2028.3.1.2 Reusable Biopsy Forceps Market 2048.3.1.2.1 Cold Reusable Biopsy Forceps Market 2188.8.131.52.2 Hot Reusable Biopsy Forceps Market 2128.3.2 EUS Needle Market 2184.108.40.206 Fine Needle Aspiration Market 2220.127.116.11 Fine Needle Biopsy Market 2218.3.3 Polypectomy Snare Market 218.104.22.168 Cold Polypectomy Snare Market 2222.214.171.124 Hot Polypectomy Snare Market 2308.3.4 Cytology Brush Market 2328.4 DRIVERS AND LIMITERS 2348.4.1 Market Drivers 2348.4.2 Market Limiters 2358.5 COMPETITIVE MARKET SHARE ANALYSIS 237
HEMOSTASIS DEVICE MARKET9.1 INTRODUCTION 2419.2 MARKET OVERVIEW 2439.3 MARKET ANALYSIS AND FORECAST 2489.3.1 Hemostasis Probe Market 24126.96.36.199 Electrosurgical Probe Market 25188.8.131.52 Argon Plasma Coagulation Probe Market 2559.3.2 Ligation Device Market 25184.108.40.206 Ligation Band Market 26220.127.116.11 Ligation Clip Market 2649.3.3 Sclerotherapy Needle Market 2669.4 DRIVERS AND LIMITERS 2699.4.1 Market Drivers 2699.4.2 Market Limiters 2709.5 COMPETITIVE MARKET SHARE ANALYSIS 272
iData’s 9-Step Research MethodologyOur reports follow an in-depth 9-step methodology which focuses on the following research systems:
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- Strong foundation of quantitative and qualitative research
- Focused on the needs and strategic challenges of the industry participants
Step 1: Project Initiation & Team Selection During this preliminary investigation, all staff members involved in the industry discusses the topic in detail.
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