Saudi Arabia endoscopy devices market is
bound to experience impressive growth with anticipated CAGR in the forecast
period, 2023-2027, on the account of increasing instances of stomach diseases.
Increasing cases of stomach cancer, and demand for minimally invasive devices
further drive the growth of the Saudi Arabia endoscopy devices market in the
upcoming five years.
Endoscopy is medical procedure that
involves inserting a related medical device inside the body to identify and
diagnose root causes of certain systems, mostly inside the gastrointestinal
tract. These medical devices are termed as endoscopic devices. The devices
usually consist of a flexible tube with attached camera at the end of the tube,
that takes pictures and projects them through the sensors on the film screens.
Various diseases and conditions like anemia, bleeding, inflammation, diarrhea
or cancers of the digestive system are diagnosed using endoscopic devices.
Increasing Instances of Stomach Cancer
Drives Market Growth
Instances of gastric cancer is actively
increasing among the population of the Kingdom of Saudi Arabia. Stomach cancer
is the third largest cause of cancer type that causes death and makes up to
approximately 7% of deaths in the country. Thus, increasing concerns toward
early diagnosis of the gastric cancer, and regular checkups and tests performed
by the population with a family history of cancer further drives the growth of
the Saudi Arabia endoscopy devices market in the upcoming five years.
The instances of stomach cancer are
higher among the male population over female population of the country. Higher
prevalence of the disease among the male population can be due to smoking and
alcohol consumption rate being higher in the male population. Moreover,
sedentary lifestyles and consumption of fast food regularly and irresponsibly
further leads to diseases like high blood pressure, diabetes, and obesity.
Due
to increasing instances of these diseases advanced endoscopic devices are
required to diagnose the causes and underlying roots of the disease for the
effective treatment and thus drives the growth of the Saudi Arabia endoscopy
devices market in the next five years.
Technological Advancement Leads Market
Growth
Consistent research and technological
advancement in the medical devices like endoscopic devices, leads the market
toward future growth in the upcoming five years. Demand for minimally invasive
devices has led to the advancement in the endoscopy devices that are non-or
minimally invasive. These devices are specifically designed to be inserted with
minimal incision or through superficial cuts or laser imaging techniques.
Advancing the devices in these manners, also invites investment in the
healthcare sector. Growing economy, focus on the healthcare industry and
growing foreign direct investment along with the government support through
financial aids, and favorable schemes are expected to further substantiate the
growth of the Saudi Arabia endoscopic devices market in the forecast years.
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Market Segmentation
The Saudi
Arabia endoscopy devices market is segmented by type, application, end user, competitional
landscape, and regional distribution. Based
on type, the market is further differentiated into rigid endoscopes, flexible
endoscopes, capsule endoscopy, disposable endoscopes, and others. On the basis
of application, the market segment is bifurcated into gastrointestinal
endoscopy, laparoscopy, bronchoscopy, obstetrics/gynecology endoscopy, and
others.
Market segments on the basis of end user, is further fragmented into
hospitals & clinics, diagnostic centers, and others. The market analysis
also studies the regional segmentation to devise regional market segmentation,
divided among Northern & Central region, Southern region, Eastern region,
Western region.
Company Profile
Karl Storz Saudi Arabia, Ambu A/S,
Hill-Rom Company, Inc., Fujifilm Saudi Arabia, Olympus Saudi Arabia, Stryker
Saudi Arabia, among others
is a partial list of major market players of the companies responsible for the
growth of Saudi Arabia endoscopy devices market.
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Attribute
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Details
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Base Year
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2021
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Historical Data
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2017 –
2020
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Estimated Year
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2022
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Forecast Period
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2023
– 2027
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Quantitative Units
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Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
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Report coverage
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Revenue
forecast, company share, competitive landscape, growth factors, and trends
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Segments covered | |
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Regional scope
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Northern
& Central region, Southern region, Eastern region, Western region.
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Key companies profiled
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Karl Storz Saudi Arabia, Ambu A/S, Hill-Rom Company, Inc.,
Fujifilm Saudi Arabia, Olympus Saudi Arabia, Stryker Saudi Arabia
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Customization scope
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10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special
request)
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Report Scope:
In this report, Saudi Arabia endoscopy devices market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- Saudi Arabia Endoscopy Devices Market,
By Type:
- Rigid Endoscopes
- Flexible Endoscopes
- Capsule Endoscopy
- Disposable Endoscopes
- Others
- Saudi Arabia Endoscopy Devices Market,
By Application:
- Gastrointestinal Endoscopy
- Laparoscopy
- Bronchoscopy
- Obstetrics/Gynecology Endoscopy
- Others
- Saudi Arabia Endoscopy Devices Market,
By End User:
- Hospitals & Clinics
- Diagnostic Centers
- Others
- Saudi Arabia Endoscopy Devices Market,
By Region:
o Northern & Central Region
o Eastern Region
o Western Region
o Southern Region
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Saudi Arabia endoscopy devices market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following customization
options are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
Saudi Arabia Endoscopy
devices Market is an upcoming report to be released soon. If you wish an early
delivery of this report or want to confirm the date of release, please contact
us at [email protected]