Gastroscopy Devices Market: Drivers and
Restraints
The global gastrointestinal endoscopy devices
market is expected to be fueled by advancements in endoscopy
technology. Key drivers of the market are increasing cases of
esophageal cancer and polyps, growing ageing population, family
history of cancer, and changing lifestyle. Increasing government
initiatives to diagnose and treat early stage cancers are also
expected to fuel gastrointestinal endoscopy devices market. For
instance, in 2014, The European Society of Gastrointestinal Endoscopy
(ESGE) and United European Gastroenterology (UEG) created a community
of endoscopy services across Europe, collaborating with each other to
provide high quality, safe, accurate, patient-centred and accessible
endoscopic care. The lack of awareness, dearth of experienced
professionals, lack of reimbursement policies, and increasing cases
associated with bio-dirt is expected to hinder growth of the market.
High Incidence of Esophageal Cancer
Fueling Gastroscopy Devices Market Growth
Esophageal cancer is of two types namely,
adenocarcinoma and squamous cell carcinoma. Esophageal cancer can
occur due to various reasons such as gene type that includes gene
mutations or damage involved in cell divisions. As per results of an
independent study, overweight and obesity increases the risk of
esophageal cancer by 48% per 5 BMI units. Polyp detection rate of
esophagus and stomach depend upon the proportion of mucosal surface
diagnosed and correlates to time dedicated for diagnosis.
Gastroscopes consist of a flexible tube with a high definition camera
at the end of the probe. The quality of camera defines the quality of
diagnosis. The long length of device is used to examine the complete
length of the esophagus.
Gastroscopy is a type of endoscopy performed for
diagnosis of diseases pertaining to esophagus, stomach, and upper
part of small intestine. It is also called upper gastrointestinal
endoscopy. It is one of the most important discoveries in the field
of medical science. Esophagoscope was also a type of endoscopy
that was used for diagnosis and treatment procedures of esophagus.
Gastroscopy has replaced esophagoscopes completely. The only
difference between esophagoscope and gastroscope is the length of
gastroscope that is longer than esophagoscopes. Gastroscopy can also
be performed to detect cancers. This procedure is recommended to
diagnose problems related to the esophagus or stomach. The device has
a light and a camera at the end of the probe that is used to see the
esophagus, upper intestine and stomach clearly. It is also used to
investigate problems related to swallowing, ulcers, and blockage in
esophagus. This procedure allows practitioners to study the mucous
membrane of the stomach. Gastroscopy are broadly classified into two
types namely diagnostic gastroscopy used to diagnose or confirm
diagnosis and treatment gastroscopy for therapeutic purposes.
Esophagus cancer is the eighth-most common cancer in the world. As
per the report of World Cancer Research Fund International, there
were around 456,000 new esophagus cancer cases diagnosed in 2012.
Gastroscopy is considered as the most preferred option for screening
of esophagus cancer and polyps by most gastroenterologists and thus,
the gastrointestinal endoscopy devices market is projected to witness
significant traction in the foreseeable future.
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Gastroscopy Devices Market Taxonomy
The gastroscopy devices market is classified on
the basis of product type and end user.
On the basis of product type, the global
gastroscopy devices market is segmented into the following:
-
Flexible Video Gastroscope
-
Flexible Non-video Gastroscope
On the basis of end user, the global gastroscopy
devices market is segmented into the following:
-
Hospitals
-
Ambulatory Surgical Centers
-
Clinics
Gastroscopy Devices Market: Overview
Technological advancements in gastroscopy
technique are expected to drive growth of the market for gastroscopy
device, as these significantly improve detection rate as compared to
other conventional procedures. Practitioners prefer using flexible
gastroscope over non-flexible gastroscopes due to high quality, less
breakage problems and high illumination for better imaging provided
by the former. Increasing awareness among practitioners of using the
advanced gastroscopy over white light traditional gastroscopy is
showing a significant growth towards flexible video gastroscopy.
Increasing cases of biodirt provides opportunity to gastroscopy
manufacturers to introduce products with innovative features to avoid
such cases of infections. Hospital end user segment is expected to
remain dominant in the market over the foreseeable future
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Key players operating the gastroscopy
devices market include Olympus, Karl Storz, Sono Scape, Endomed,
Medigus, Fujifilm Holdings Corporation and Huger.
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