The endoscopy devices market share in France is expected to increase by USD 274.10 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.63%.
This endoscopy devices market in France research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the endoscopy devices market in France segmentation by product (endoscope, mechanical endoscopic equipment, visualization and documentation systems, accessories, and other endoscopy equipment) and end-user (hospitals, ambulatory surgery centers and clinics, and others). The endoscopy devices market in France report also offers information on several market vendors, including 3M Co., Baxter International Inc., Boston Scientific Corp., Conmed Corp., Cook Group Inc., FUJIFILM Holdings Corp., HOYA Corp., Johnson and Johnson Inc., Medtronic Plc, and Zimmer Biomet Holdings Inc. among others.
What will the Endoscopy Devices Market Size in France be During the Forecast Period?
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Endoscopy Devices Market in France: Key Drivers, Trends, and Challenges
The increasing demand for minimally invasive procedures is notably driving the endoscopy devices market growth in France, although factors such as risks and complications associated with endoscopy may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the endoscopy devices industry in France. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Endoscopy Devices Market Driver in France
One of the key factors driving the endoscopy devices market growth in France is the increasing demand for minimally invasive procedures. The increase in demand for MI surgical procedures is attributed to the complications associated with traditional open surgeries. For instance, conventional open surgeries can lead to various post-operation complications such as pain, blood clots, fatigue, muscle atrophy, and infections. Moreover, most of the market vendors provide training to surgeons on the use of endoscopes in surgeries. For instance, Olympus offers professional education training courses in laparoscopic urology, gynecology, and laparoscopic general surgery in close cooperation with healthcare experts to improve medical and technical skills, thus leading to better patient care. This also helps surgeons to gain experience in using these devices and in performing endoscopic procedures. Thus, the growing demand for MI procedures for both diagnostic and therapeutic applications will drive the global endoscopy devices market.
Key Endoscopy Devices Market Trend in France
Emergence of single-use endoscopes is one of the key endoscopy devices market trends in France that is expected to support the market growth during the forecast period. Improper cleaning techniques can lead to infections in patients undergoing endoscopy procedures. For instance, several cases of Carbapenem-Resistant Klebsiella Pneumoniae outbreak have been reported as a result of using reusable duodenoscopes, which are used in endoscopic retrograde cholangiopancreatography (ERCP) procedures. Thus, many vendors launching single-use and novel endoscopes that cater to the growing demand from end-users. For instance, the single-use arthroscopes offered by Integrated Endoscopy. These single-use endoscopes lower the time spent on reprocessing, thus eliminating issues with respect to bioburden. Such novel advances are expected to impact the growth of the market and ensure the health of the patient while reducing the cost.
Key Endoscopy Devices Market Challenge in France
One of the key challenges to the endoscopy devices market growth in France is the risks and complications associated with endoscopy, such as perforation or a tear in organs like the stomach or the lining of the esophagus, bleeding, and infections. In severe cases, due to heavy bleeding, patients might require a blood transfusion. Infection is another potential complication due to the transmission of microorganisms by flexible endoscopes. The risk of infection after endoscopic examination increases if any additional procedures are performed during the endoscopy. In addition, during capsule endoscopy procedures, chances of the capsule becoming lodged in stricture or narrow part of the body are common. Other risks associated with the procedure include capsule retention, skin irritation, and aspiration depending on the patient's age and medical condition. Thus, risks and complications associated with endoscopy devices hinder their use and pose a potential threat to market growth in the coming years.
This endoscopy devices market in France analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Parent Market Analysis
Technavio categorizes the endoscopy devices market in France as a part of the global healthcare equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the endoscopy devices market in France during the forecast period.
Who are the Major Endoscopy Devices Market Vendors in France?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- 3M Co.
- Baxter International Inc.
- Boston Scientific Corp.
- Conmed Corp.
- Cook Group Inc.
- FUJIFILM Holdings Corp.
- HOYA Corp.
- Johnson and Johnson Inc.
- Medtronic Plc
- Zimmer Biomet Holdings Inc.
This statistical study of the endoscopy devices market in France encompasses successful business strategies deployed by the key vendors. The endoscopy devices market in France is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
Product Insights and News
- 3M Co. - The company offers a wide range of endoscopy devices such as Clean-Trace ATP Surface Test and u Olympus Single-use Biopsy Valve MAJ-210.?
- 3M Co. - In July 2021, the company launched Clarity Aligners Flex Plus Force, a new aligner system
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The endoscopy devices market in France forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Endoscopy Devices Market in France Value Chain Analysis
Our report provides extensive information on the value chain analysis for the endoscopy devices market in France, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of the global healthcare equipment market includes the following core components:
- Research and development
- Inputs
- Operations
- Distribution
- Marketing and sales
- Post-sales and services
- Innovation
The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.
What are the Revenue-generating Product Segments in the Endoscopy Devices Market in France?
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The endoscopy devices market share growth in France by the endoscope segment will be significant during the forecast period. Endoscopy allows operations on more fragile patients, notably the elderly, as well as the treatment of more complex diseases, such as cancer. Other benefits of endoscopy, which include reduced postoperative pain and risks of complications, rapid healing, lighter anesthesia, and a shorter period of hospital stay, will also positively impact the market growth through this segment in the coming years.
This report provides an accurate prediction of the contribution of all the segments to the growth of the endoscopy devices market size in France and actionable market insights on post COVID-19 impact on each segment.
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Endoscopy Devices Market Scope in France |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.63% |
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Market growth 2022-2026 |
$ 274.10 million |
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Market structure |
Fragmented |
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YoY growth (%) |
5.00 |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
3M Co., Baxter International Inc., Boston Scientific Corp., Conmed Corp., Cook Group Inc., FUJIFILM Holdings Corp., HOYA Corp., Johnson and Johnson Inc., Medtronic Plc, and Zimmer Biomet Holdings Inc. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Endoscopy Devices Market in France Report?
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive endoscopy devices market growth in France during the next five years
- Precise estimation of the endoscopy devices market size in France and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the endoscopy devices industry in France
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of endoscopy devices market vendors in France
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