Global Flexible Endoscopes Market Outlook 2024

Report Code :HC 1002
2017-2024
Global Flexible Endoscopes Market Outlook 2024: Global Opportunity & Growth
Analysis, 2017-2024
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Table OF Contents
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Description
1. Parent Market Synopsis
2. Executive Summary
3. Research Methodology
4. Regional Opportunity Analysis on the basis of Competitors
5. Global Flexible Endoscopes Market Size (USD Million ) and Forecast Analysis, 2017-2024
6. Market Dynamics: Growth Drivers, Restraints and Opportunities
6.1. Risk Factors
6.2. Regional Variations
6.3.Recent Trends and Developments
7. Global Flexible Endoscopes Market Segmentation
7.1. Global Flexible Endoscopes Market By Product Type (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.1.1. Market Share (%) by Product Type
7.1.2. Colonoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.1.3. Gastroscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.1.4. Bronchoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)

Description
7.1.5. Duodenoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.1.6. Nasopharyngoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.1.7. Other Flexible Endoscopes (Laryngoscopes, Pharyngoscopes) Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-
2024)
7.1.8. Market Attractiveness by Product Type
7.1.9. BPS Analysis by Product Type
7.2.Global Flexible Endoscopes Market By Application (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.2.1. Market Share (%) by Application
7.2.2. Flexible Endoscopes For Gastrointestinal (GI) Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.2.3. Flexible Endoscopes For Laparoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.2.4. Flexible Endoscopes For Obstetrics/Gynecology Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.2.5. Flexible Endoscopes For Urology Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.2.6. Flexible Endoscopes For Bronshoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.2.7. Flexible Endoscopes For Otscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.2.8. Flexible Endoscopes For Other (Neuroendoscopy, Thoracoscopy, Rhinoscopy) Application (Market Size ($ Million ) & Y-o-Y
Growth Analysis, 2017-2024)
7.2.9. Market Attractiveness by Application

Description
7.2.10. BPS Analysis by Application
7.3. Global Flexible Endoscopes Market By End-User (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.3.1. Market Share (%) by End-User
7.3.2. Flexible Endoscopes For Hospitals (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.3.3. Flexible Endoscopes For Diagnostic Labs (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.3.4. Flexible Endoscopes For Ambulatory Surgery Centers (ASCs) (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.3.5. Market Attractiveness by End-User
7.3.6. BPS Analysis by End-User
7.4.Global Flexible Endoscopes Market By Region (Market Share (%) & Y-o-Y Growth Comparison, 2017-2024)
7.4.1. North America Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.1. North America Flexible Endoscopes Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2017-2024)
7.4.1.1.1. U.S. Flexible Endoscopes Market(Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.1.2. Canada Flexible Endoscopes Market(Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.1.3. Market Attractiveness by Country
7.4.1.1.4. BPS Analysis by Country

Description
7.4.1.2. North America Flexible Endoscopes Market By Product Type (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-
2024)
7.4.1.2.1. Market Share (%) by Product Type
7.4.1.2.2. Colonoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.2.3. Gastroscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.2.4. Bronchoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.2.5. Duodenoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.2.6. Nasopharyngoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.2.7. Other Flexible Endoscopes (Laryngoscopes, Pharyngoscopes) Market (Market Size ($ Million ) & Y-o-Y Growth
Analysis, 2017-2024)
7.4.1.2.8. Market Attractiveness by Product Type
7.4.1.2.9. BPS Analysis by Product Type
7.4.1.3. North America Flexible Endoscopes Market By Application (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-
2024)
7.4.1.3.1. Market Share (%) by Application
7.4.1.3.2. Flexible Endoscopes For Gastrointestinal (GI) Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis,
2017-2024)
7.4.1.3.3. Flexible Endoscopes For Laparoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.3.4. Flexible Endoscopes For Obstetrics/Gynecology Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis,
2017-2024)

Description
7.4.1.3.5. Flexible Endoscopes For Urology Endoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.3.6. Flexible Endoscopes For Bronshoscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.3.7. Flexible Endoscopes For Otscopy (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.3.8. Flexible Endoscopes For Other (Neuroendoscopy, Thoracoscopy, Rhinoscopy) Application (Market Size ($
Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.3.9. Market Attractiveness by Application
7.4.1.3.10. BPS Analysis by Application
7.4.1.4. North America Flexible Endoscopes Market By End-User (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-
2024)
7.4.1.4.1. Market Share (%) by End-User
7.4.1.4.2. Flexible Endoscopes For Hospitals (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.4.3. Flexible Endoscopes For Diagnostic Labs (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.1.4.4. Flexible Endoscopes For Ambulatory Surgery Centers (ASCs) (Market Size ($ Million ) & Y-o-Y Growth Analysis,
2017-2024)
7.4.1.4.5. Market Attractiveness by End-User
7.4.1.4.6. BPS Analysis by End-User
7.4.2. Europe Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.1. Europe Flexible Endoscopes Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2017-2024)

Description
7.4.2.1.1. UK Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.1.2. France Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.1.3. Italy Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.1.4. Germany Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.1.5. Spain Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.1.6. Hungary Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.1.7. Sweden Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.1.8. Russia Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.1.9. Poland Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.1.10. Rest of Europe Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.2.2. Europe Flexible Endoscopes Market By Product Type (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)

Description
7.4.2.3. Europe Flexible Endoscopes Market By Application (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
2017-2024)
2017-2024)

Description
7.4.2.4. Europe Flexible Endoscopes Market By End-User (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
2017-2024)
7.4.3. Middle East & Africa Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.3.1. Middle East & Africa Flexible Endoscopes Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2017-
2024)
7.4.3.1.1. Gulf Cooperation Council Countries (GCC) Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y
Growth Analysis, 2017-2024)
7.4.3.1.2. South Africa Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.3.1.3. North Africa Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)

Description
7.4.3.1.4. Rest of Middle East and Africa Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis,
2017-2024)
7.4.3.2. Middle East & Africa Flexible Endoscopes Market By Product Type (Market Size ($ Million ) & Y-o-Y Growth Analysis,
2017-2024)
7.4.3.3. Middle East & Africa Flexible Endoscopes Market By Application (Market Size ($ Million ) & Y-o-Y Growth Analysis,
2017-2024)

Description
2017-2024)
2017-2024)
7.4.3.4. Middle East & Africa Flexible Endoscopes Market By End-User (Market Size ($ Million ) & Y-o-Y Growth Analysis,
2017-2024)
2017-2024)

Description
7.4.4. Latin America Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.4.1. Latin America Flexible Endoscopes Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2017-2024)
7.4.4.1.1. Brazil Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.4.1.2. Mexico Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.4.1.3. Rest of Latin America Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-
2024)
7.4.4.2. Latin America Flexible Endoscopes Market By Product Type (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-
2024)

Description
7.4.4.3. Latin America Flexible Endoscopes Market By Application (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-
2024)
2017-2024)
2017-2024)
7.4.4.4. Latin America Flexible Endoscopes Market By End-User (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)

Description
2017-2024)
7.4.5. Asia-Pacific (APAC) Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.1. Asia-Pacific Flexible Endoscopes Market By Country (Market Share (%) & Y-o-Y Growth Comparison, 2017-2024)
7.4.5.1.1. China Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.1.2. Japan Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.1.3. India Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.1.4. Singapore Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.1.5. South Korea Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.1.6. Australia Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.1.7. New Zealand Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)

Description
7.4.5.1.8. Rest of Asia-Pacific Flexible Endoscopes Market (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
7.4.5.2. Asia-Pacific Flexible Endoscopes Market By Product Type (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-
2024)
7.4.5.3. Asia-Pacific Flexible Endoscopes Market By Application (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-
2024)

Description
2017-2024)
2017-2024)
7.4.5.4. Asia-Pacific Flexible Endoscopes Market By End-User (Market Size ($ Million ) & Y-o-Y Growth Analysis, 2017-2024)
2017-2024)

Description
8. Competitive Outlook
8.1. Market Share of Major Players (2016)
8.2. Company Profiles
8.2.1. Ethicon Inc.
8.2.1.1. Company Synopsis
8.2.1.2. Business Strategy
8.2.1.3. Product Portfolio
8.2.1.4. SWOT Analysis
8.2.2. Olympus Corporation
8.2.3. Boston Scientific Corporation
8.2.4. Pentax Medical Corporation
8.2.5. Stryker Corporation
8.2.6. Medtronic plc
8.2.7. FUJIFILM Holdings

Description
8.2.8. KARL STORZ
9. Porter’s Five Force Model
10. Market Landscape: Competition and Beyond
11. Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem
12. Value Chain Analysis Of The Market
13. Expert Analysis
14. Concluding Remarks

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Source: Goldstein Research
In 2016, Hospitals accounted for the highest market share XX%
in Flexible Endoscopes Market
2016e 2017e 2018f 2019f 2020f 2021f 2022f 2023f 2024f
Fig: 1-1 Global Flexible Endoscopes Market Size USD (Billion). 2017-2024
XX%
CAGR: (2017-2024)
Fig: 1-2 Global Flexible Endoscopes Market Share(%), By Region-2017-
2024
With XX% share in 2016, North America region dominated the
collective Global Flexible Endoscopes market
Source: Goldstein ResearchSource: Goldstein Research
Fig: 1-4 Global Flexible Endoscopes Market
Share(%), By Application-2016
Share(%), By End User-2016
Share(%), By Product Type-2016
XX%
XX%
XX%
XX%
XX%
2016
North America Europe APAC Latin America Middle East & Africa
XX%
XX%
XX%
XX%
XX%
2024
XX%
XX%
XX%
XX%
XX%
XX%
Colonoscopes
Gastroscopes
Bronchoscopes
Duodenoscopes
Nasopharyngoscopes
Other (Laryngoscopes,
Pharyngoscopes)
XX%
XX%
XX%
XX%
XX%
XX%
XX%
Gastrointestinal (GI) Endoscopy
Laparoscopy
Obstetrics/Gynecology
Endoscopy
Urology Endoscopy
Bronchoscopy
Otoscopy
Other (Neuroendoscopy,
Thoracoscopy, Rhinoscopy)
XX%
XX%
XX%
Hospitals
Diagnostic Labs
Ambulatory Surgery Centers
(ASCs)

Key Findings
 The global flexible endoscopes market accounted for USD XX billion in 2016 and tends to reach the valuation of USD XX
billion by 2024 at a CAGR of XX% over the forecast years owing to rising popularity of minimally invasive (MI) procedures is
identified as one of the key factors for market growth. MI techniques are less painful and require a shorter duration of
hospital stay. This encourages healthcare providers, governments, patients, and other key stakeholders to adopt MI
techniques over traditional open surgical techniques.
 The preference for less invasive treatment options continues to fuel technological advancements in the U.S.
gastrointestinal (GI) endoscopic devices market, allowing physicians to treat more conditions without resorting to open
surgery. An expanding number of treatments, coupled with a growing population that exhibits a higher prevalence of GI
disorders, is driving growth in this market despite decreasing average selling prices. Although this is a mature market,
several niches have demonstrated exceptional growth over the past five years, including capsule endoscopy and Barrett's
ablation devices. Moreover, some pockets of the market still remain underserved and are expected to grow rapidly in the
next five years.
 The laparoscopy segment contributed to the maximum shares of XX% during 2016 and is witnessing a large number of
innovations. Laparoscopy is used in a wide range of applications to carry out MI surgeries. The segment will continue to
grow in the forthcoming years because it is highly preferred when non-invasive methods such as ultrasound, X-ray, CT and
MRI scans do not provide enough insight for the diagnosis.
 The flexible endoscopes market is concentrated with the presence of large, medium, and small-sized companies. The
launch of new products and technological advancements will strengthen the competitive landscape of the market. Vendors
are increasingly focusing on offering advanced products and services to end-users across the world, which in turn, will help
them increase their market shares. Established as well as emerging companies are taking efforts to expand their market
presence by launching advanced products.
Asia-Pacific & Latin America Flexible Endoscopes Market (USD Billion)
Favorable
Reimbursement
Policies
2016
2024
Asia-Pacific Latin America
XX Billion
XX Billion XX Billion
XX Billion
Technological
Advancements
Increasing
Unhealthy
Lifestyle
Rising Geriatric
Population
Poor Diet Plans

2. Research methodology
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Goldstein Research follows a comprehensive and rigorous research methodology to provide you accurate estimates and
forecast of a particular market. We provide estimates, forecast and analysis primarily based on secondary research, primary
interviews, in-house database and other free as well paid sources.
Our company follows simultaneous top down and bottom approach in order to provide you the accurate market sizing. Data
triangulation method is strictly followed where we triangulate the data from all the aspects, be it Function Type, application,
industry verticals, material, product type or geography.
In addition, the research methodology we follow is a systematic approach in order to estimate and project the market sizing
keeping in mind all the on-going and upcoming trends of the market. We conduct both primary and secondary research in
order to estimate a market and validate our key findings.
We put together our effort and prepare an inclusive questionnaire depending on the title of the market we are tracking and
extract the important information we require to validate our findings. Our team of Analysts and experts dedicatedly put their
effort to provide you the best possible and accurate data and analysis. Adding to that; technological, economic, cultural and
social aspects along with the regulatory barriers are completely analysed to understand the comprehensive market scenario
across different geographies.
Understanding the market from both buyer and seller point of view is important to track a market and provide analysis on
the same. We not only provide the market data of the four geographies as a whole, namely, North America, Europe, Asia-
Pacific, Latin America, Middle East & Africa and Rest of the World (RoW) but we also provide you qualitative as well we
qualitative information on country level bifurcation.
We at Goldstein Research provide you:
• Precise Estimates and Forecast
• Authentic Analysis
• In-depth Data and Analysis
• Authentic Sources
• Reliable Data and Analysis
2. Research Methodology

3. Competitors Regional Analysis
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Major Players/
Industries
North America APAC Europe Latin America Middle East & Africa
SCHINDLER
ENDOSKOPIE
TECHNOLOGIE
Medtronic
Stryker Corporation
C. R. Bard, Inc
Pentax Medical
Corporation
HOYA Corp
Boston Scientific
Olympus Corporation
Optim
KARL STORZ
FUJIFILM Holdings
High Penetration Medium Penetration Low Penetration
3. Major Players Presence-Regional Analysis

4. Global FlexibleEndoscopes Market Analysis
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4. Global Flexible Endoscopes Market Size (USD Billion) & Growth Analysis
 Global flexible endoscopes market tends to increase at a CAGR of XX% and reach the market value of USD XX billion
by 2024. In 2016, global flexible endoscopes market valued USD XX billion owing to rapid technological advances,
increasing awareness of the population, high preference of minimally invasive procedures over conventional surgeries,
and emerging economies
The number of people in the world who are obese or overweight has reached XX billion, up from XX million in
2016.Furthermore, approximately XX million people in the United States have symptoms of Gastroesophageal Reflux
Disorder (GERD). Primary or secondary GERD diagnosis increased from a total of XX individuals diagnosed in 2016 to XX
in 2017. XX% of all people hospitalized with GERD in 2016 also had an esophageal disorder. In the United States, XX
deaths in 2016 were directly related to a primary diagnosis of GERD.
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Source: Goldstein Research Source: Goldstein Research
Fig:- 4-1 Global Flexible Endoscopes Market Size (USD Billion)-2017-2024
Fig:- 4-2 Global Flexible Endoscopes Market Y-O-Y Growth (%) Analysis-
2017-2024

4.1. Global Flexible Endoscopes Market Overview, By Region and Market Players-
2016
Fig:- 4-3 Global Flexible Endoscopes Market Share (%), By Country,
2016
Fig:- 4-4 Global Flexible Endoscopes Market Share (%), By Players,
2016
 Global Flexible Endoscopes market accounted USD XX billion in 2016 on the back of spiked demand for advanced and
Flexible Endoscopes devices in developed economies. Germany exports flexible endoscopes worth USD XX billion in
2016 across the globe. North America accounted highest share of the global flexible endoscopes devices market
followed by Europe, and Asia. North America and Europe both are likely to witness a demand for endoscopes as a result
of technological advancements as well as improved reimbursement status in both the geographies.
 The FDA regulates the marketing of all medical devices sold or imported in the U.S. Unlike the FCC, which focuses on
the interference potential of radio frequency devices, the FDA’s role is to ensure that such devices are safe and effective
for patient use. The range of products that are classified and regulated as “medical devices” is quite broad and can
include such products as medical information networks, cell phones programmed to remind users to take pills and
conventional devices fitted with radio communication features
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX% XX% XX%
United States
Europe
Japan
China
Brazil
Russia
India
South Korea
Mexico
Africa
ROW
XX%
XX%
XX%
XX%
XX%
Olympus Corp
FUJIFILM
Holdings's
Hoya
Corporation
Karl Storz GmbH
Others

4.2. Look At Top Countries Top Class Healthcare System
Canada's 1984 Health Act entrenches in law the
country's system of free at the point of access
healthcare, known as Medicare. Canada's system
is not perfect however, and in recent years the
number of Canadians going south for private care
in the USA has grown
The best standards of health in the Middle East
can be found in the wealthy nation of Qatar. The
nation has recently taken steps to implement a
universal healthcare system across the entire
country
Famed for the quality of its health services, it is
not surprising to see France close to the top of
the pile. The country's average life expectancy is
82
Norway, along with its Scandinavian counterparts,
often comes close to global quality of life rankings,
and one reason is the health of its citizens. The
country's healthcare system is free for children
under 16, but adults must pay for services. The
country spends more per person on healthcare than
any other country on earth
New Zealand is one of the most active countries
in the world, with the nation punching well above
its weight in international sporting competitions.
It has an average life expectancy of 81.6 years
With an average age of 81.1, Belgium's life
expectancy is just outside the world's top 20. The
country has universal healthcare, but also requires
mandatory health insurance for all citizens
Israel is the highest ranked of any Middle Eastern
state on the Legatum Institute's health sub-index,
and the country has the 8th highest life expectancy
on the planet, 82.5 years
Despite a love of beer and sausages, Germans
are some of the world's healthiest people. The
country's average life expectancy is 81
The tiny city-state of Hong Kong has 11 private and
42 public hospitals to serve its population of just
over 7.2 million people. In 2012, women in Hong
Kong had the longest average life expectancy of any
demographic on earth
With great weather and low pollution, it is not
surprising that Australia is ranked as the
healthiest nation in the southern hemisphere. Its
average life expectancy is 82.8, the 4th highest in
the world

4.2a Look At Top Countries Top Class Healthcare System (to be continued)
As with most quality of life and health rankings,
northern European countries like Sweden score
highly. Swedish men have the 4th highest life
expectancy of any nation, living to an average of
80.7 years
In 2015 the Netherlands gained the number one
spot at the top of the annual Euro health
consumer index, which compares healthcare
systems in Europe, scoring 916 of a maximum
1,000 points
The country's life expectancy — 83.7 — is the
highest on the planet. That has caused
demographic issues in Japan, with its population
ageing rapidly
Another small city-state to make the top of the
Prosperity Index's health sub-index. Singapore's
5.6 million citizens have an average life
expectancy of 83.1 years old
Nestled between Belgium, France, and Germany,
the wealthy nation of Luxembourg tops the
Legatum Institute's health sub-index. The
country's average life expectancy is 82
Rich, beautiful, and incredibly healthy.
Switzerland has pretty much all anyone could
want from a country. Its healthcare service is
universal and is based upon the mandatory
holding of health insurance by all citizens

4.3. Measures Of Health Insurance Breadth Of Coverage In Five Countries
Dimensions Canada Germany Japan Singapore USA
Population covered by
primary insurance
XX% XX% XX% XX% XX%
Dollars of health
spending per capita
USD XX USD XX USD XX USD XX USD XX
GDP spending on
health care
XX% XX% XX% XX% XX%
Public health care
expenditures
XX% XX% XX% XX% XX%
Spending on the
primary health
insurance
XX% XX% XX% XX% XX%
Specialized insurance
for selected
populations
No Yes Yes Yes Yes
Prevalence of
secondary insurance]
Common Common Common Common Common
Population XX Billion XX Billion XX Billion XX Billion XX Billion

5. Market Dynamics
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Changing regulations
related with medical
equipments
Sensitivity to
the device
material
Demise of
Clinical
Freedom
5. Market Dynamics
General Trend
Advancement
Highly Complex Moderately Complex Waived
Rising geriatric
population
Acceptable
level of risk
Safe Practice
of Cardiology
Growth Drivers Growth Barriers

5.1. Risk analysis
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5.1.1. Demandrisk
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Market Demand Risk-Low
On the basis of
Cost-effectiveness
On the basis of Aging
Population
The demand for flexible endoscopes is likely to
grow due to availability of cost-effective products
for cardiac diseases in developing & under-
developed countries like Africa , India, etc. Rising
demand for Flexible Endoscopes benefits the new
players to get into the market to provide
affordable products and provide opportunities for
expansion of business by existing players in the
Flexible Endoscopes market
Rise in aging population coupled with higher risk
of chronic diseases and rising prevalence of
diabetes and cardiovascular diseases in elderly
population further raise the demand by adopting
cost-effective and advanced cardiac devices &
services in the upcoming years. The rise in
demand will help the new players to enter into
the sector of cardiology and open the doors for
the expansion of business by the existing players
in the market
Rising awareness towards fitness & changing
lifestyles for the betterment of health are some
of the factors swelling the demand for cardiac
devices & services. Rapid growth in urbanization
leads to hectic and busy schedules which leads to
adopt time saving treatment. The high demand
from the consumers is expected to make easy for
new players to jump into the market of
cardiology devices& services and opportunities
for the business expansion by existing players in
the Flexible Endoscopes market
On the basis of Rising concerns
towards healthcare
5.1.1. Market Demand Risk
Sample

5.1.2. supply risk
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Market Supply Risk-Low
On the basis of Technological Advancements On the basis of Governmental Regulations On the basis of Investment
Due to rise in advancement in healthcare
technology by government funding in order to
provide portable and high-end devices with
better services and to improve care as wells as
treatment technology which is expected to raise
the supply in the market with new efficient and
cost effective products of cardiology
Presence of strict government regulations across
the globe for the manufacturing of Flexible
Endoscopes to provide safe and secure products
with less side-effects to the consumers. This is
expected to be a huge restrain for the new players
to jump into the Flexible Endoscopes market
The initial cost to setup cardiac device industry is
very high due to requirement of research and
development sector and high accuracy and
precise healthcare manufacturing equipment with
expertise which is expected to put many
limitation for the new players in cardiac device
market
5.1.2. Market Supply Risk
Sample

5.2. Growth Drivers
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Growth in aging population
 Rise in aging population in many nations across the globe is a major a growth driver for the
flexible endoscopes industry.
 This aging population is expected to have diabetic and other health related problems in US &
Japan as XX% of the total population are obese in US while in Japan it is XX% of the total
population which further increases the risk of diabetes and heart related problems.
 Rising concern towards fitness & healthy lifestyle among aging population is expected to spike
the healthcare industry in near future.
 In U.S., XX million people are aged above 65 in 2010 i.e. XX% of the total population & this
aging population is expected to reach 20% of the total population by 2030 according to the
report of Centers for Disease Control & Prevention (CDS)
High Medium Low
Impact on Flexible
Endoscopes Market
Impact Analysis:-
 Government funding for the advancement in healthcare
sector and initiatives to promote healthcare across the
globe is expected to positively impact on the growth of
cardiac implant devices market.
 Increase in aging population and focusing on fitness &
healthy lifestyle is predicted to rise the Flexible
Endoscopes market globally
5.2.1. Growth Drivers
Source: World Bank
Fig: 5-1 Population(Million), Aging population(Million),
World-2016-2050
2016
XX Million
2050
XX Million
World Population
Aging population
XX Million XX Million
2016 2050
Government of UK collaborated with World Bank Group & World Health Organization
for the advancement of healthcare facilities across the globe
Governmental organizations like World health Organization (WHO) starts various
awareness programs across the globe to promote healthcare services.
Fujifilm, a film and camera maker that has been diversifying into medical equipment
and pharmaceuticals, as well as Sony Corp and Panasonic Corp were named by a
newspaper last week as potential investors in Olympus. Olympus was seeking to
replenish its capital base by issuing USD XX billion in preferred shares.

Growing technological advancements in medical devices
 Factors such as compact and accurate diagnosis medical devices, high end and energy efficient
healthcare; devices for treatment applications and rising spending on research and
development activities to manufacture cost-effective and efficient medical devices is expected
to accelerate the growth of flexible endoscopes market
 On the other hand, increasing consumer awareness towards treatment of multiple disorders
and increasing spending on healthcare on account of favorable reimbursement policies is
expected to push the hospitals and clinics to adopt endoscopes market to provide better
diagnosis and treatment facilities to the patients
 Moreover, the growing demand for app based services in developing nations on the basis of
factors such as changing lifestyle of the population, internet penetration and rising personal
disposable income in developing nations further boost the demand for flexible endoscopes
High Medium Low
Impact on Flexible Endoscopes Market
Impact Analysis:-
 Advanced researches and huge investments in R&D
sector leads to design & manufacture new technology
medical devices which further expected to fuel the
growth of flexible endoscopes market globally.
 Advanced technology medical device help the healthcare
industry to obtain precise data for treatment which is
further sufficient to provide better cure & prevention.
These factors expected to exhibit a positive growth in
flexible endoscopes market in near future.
5.2.2 Growth Drivers
XX
XX
XX
XX
XX
XX
XX
2015 2016 2017
XX
XX
XX
Fig: 5-1 Global Endoscopy Equipment Sales (Units), 2015-
2017
Fig: 5-1 Global Endoscopy Market Share (%), By Segments, 2016
XX%
XX%
XX%
XX%
XX%
XX%
XX%
Laparoscopy
Urology Endoscopy
Arthroscopy
Ear, Nose & Throat
GI Endoscopy
Gynecology Endoscopy
Others

Governmental initiatives & policies
 Governmental initiatives to promote healthcare in many nations worldwide is expected to
drive the global market of flexible endoscopes.
 Government funding and new emerging policies towards healthcare anticipated to grow
the flexible endoscopes market globally.
 Growing awareness programs and collaboration between many nations for the
advancement of healthcare facilities further expected to witness a positive growth in
flexible endoscopes market globally.
5.2.3. Growth Drivers
XX
XX
XX
0 50 100 150 200 250 300 350 400
2000
2025
2050
Global Population Aged 80yrs & over (Millions)
Source: data.worldbank.org
Fig: 5-2 Population(Million) Aged 80 yrs. & over, World-2000-2050
High Medium Low
Impact on Flexible
Endoscopes
Market
 In U.S., XX million people are aged above 65 in
2010 i.e. XX% of the total population & this
aging population is expected to reach 20% of
the total population by 2030 according to the
report of Centers for Disease Control &
Prevention (CDS).
 In Japan, XX% of the total population was
above the age of 65 and according to the World
bank Data, the growth in aging population is
projected around XX% of the total population
by 2030.
Fig: 5-1 Global Endoscopy Market Share (%), By
Category, 2016
XX%
XX%
XX%
XX%
Imaging
Pathology
Infection Control
Devices

5.3. Market Restraints
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Rural population, unawareness & deprived of healthcare services in rural regions
 The rural population of the world is more than the half of the total population (52%), whereas
48% population are living in urban areas
 Lack of awareness towards medical devices & treatments in rural regions is hindering the
growth of flexible endoscopes market at a large scale
 Due to unavailability of medical services & facilities in many under developed regions, hence
deprived the population to experience the treatment facilities with sophisticated technology
based medical devices
 Absence of convenience of healthcare facilities & less disposable income in rural regions across
the globe are restraining the demand for flexible endoscopes market.
 Population living below poverty line across the globe are deprived from home healthcare
facilities and unable to opt expensive services for treatments & cure
High Medium Low
Impact Analysis:-
 The population living in rural areas across the globe are unable
to get clinical treatments with medical devices due to less
disposable income are some of the factors which is restraining
the growth of flexible endoscopes market.
 Many regions across the globe are underdeveloped and
viewing low economies . These regions are unable to embrace
advanced healthcare facilities which is curbing the growth of
global flexible endoscopes market.
XX
XX
XX
XX
XX
China India Germany Russia South Africa
Fig: 5-1 Rural population (%) of the total population(%)- By
Countries, 2016
Rural & Urban Population (%)- World
48%
52%
Source: World Bank Data
• XX% of the total population of the world
population is lived at or below USD XX per
day in the year 2012
• In China, XX Million people living at or below
USD XX per day
• In East-Asia region, XX% of the total
population of this region living below
poverty line in 2012
• In United States, the population lies below
poverty line is XX% of the total population of
the country
Source: XXXX
5.3.1. Market Restraints

5.3.2. Market Restraints
Complication in Endoscopic Devices
 Stomach infection, perforation, or a tear of the stomach or esophagus lining and bleeding
during the process of endoscopy is limiting the patient preference for flexible endoscopes.
 According to the American Society for Gastrointestinal Endoscopy, complications may also
ensue if the endoscope has not been properly cleaned between patients. In "Keeping Your
Endoscopy Safe," ASGE notes that each endoscope should undergo mechanical and chemical
cleaning, rinsing and drying between uses. When properly cleaned, "the chance that a serious
infection could be transmitted by endoscopy is only about 1 in 1.8 million," ASGE said.
 Some complications may arise when the endoscopic procedure is not properly administered.
Poor biopsy technique can damage the internal organs being observed. In addition, too much
pressure or force in moving the endoscope can cause complications ranging from perforation
and vascular lacerations to excessive bleeding of the mucosa.
High Medium Low
Impact Analysis:-
 The third-party endoscope refurbishment and resale market--
which in light of the recent major consolidation efforts, now
counts five key competitors and around XX smaller players--
has experienced mid to high single-digit growth in the past five
years, mainly due to ongoing efforts of medical facilities to
drive down costs.
XX%
XX%
XX%
XX%
XX%
Insects cigarette smoke Vermin Iritating chemicals peeling paint
Fig: 5-3 Risk factors in healthcare (%)- By Issues
Number of Registrations, By
Medical Device Area
XX
XX
Source: National Center for Biotechnology Information
XX
XX
XX
XX
XX
Circulatory
disease
Heart Disease
Injuries
Muscoskeletol
disease
Respiratory
disease
Population (%)- by Disease
Source: National Center for Biotechnology Information
Cardiology
Orthopaedics

5.4. Impact Analysis
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Impacting
Features
Safety
Mucosal
Sensitivity
Economic
Forces
Movement of
Sophisticated
Medical
devices
Disease
Documentatio
n
Small
Samples
5.4. Impacting Factors of Flexible Endoscopes Market
Drivers of Flexible Endoscopes
Aside from its simplicity, endoscopy is also low-risk. The
only situation a patient cannot be examined through the use
of an endoscope is when he is seen to be unfit for
anesthesia. Endoscopy’s low morbidity and mortality rates
also reflect the safety of the procedure, according to the
American Cancer Society.
An endoscope is designed to have great sensitivity to the
intestinal mucosa--the moist tissue lining the intestines (and
other body cavities). Such sensitivity makes it an effective
tool for projecting deep mucosal visuals--allowing the doctor
to effectively evaluate the digestive system. It is also
excellent at obtaining samples of this tissue for further
laboratory testing.
Endoscopy can also document diseases by generating
videos and photographs. A “videoendoscope” or a
“fiberoptic endoscope” has these capabilities.
Since the size of the lens of an endoscope is very small in
order to fit in the body’s natural openings, the sample it can
generate is also limited up to 2 to 3 mm deep.
Changing regulations related with medical equipments
and worldwide currency devaluation is majorly impacting
the flexible endoscopes business.

6. Global FlexibleEndoscopes Market Segmentation Analysis, 2017-
2024
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6.1. Global Flexible Endoscopes Market Share(%) - By Application,2017-2024
XX%
XX%
XX%
XX%
XX%
XX%
XX%
Gastrointestinal (GI)
Endoscopy
Laparoscopy
Endoscopy
Urology Endoscopy
Bronchoscopy
Otoscopy
Other
(Neuroendoscopy,
Thoracoscopy,
Rhinoscopy)
XX%
XX%
XX%
XX%
XX%
XX%
XX%
Fig: 6-1 Global Flexible Endoscopes Market Share, By Application, 2017-2024
XX
XXXX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
2016 2024
Gastrointestinal (GI) Endoscopy Laparoscopy
Obstetrics/Gynecology Endoscopy Urology Endoscopy
Bronchoscopy Otoscopy
Other (Neuroendoscopy, Thoracoscopy, Rhinoscopy)
2015 2016e 2017f 2018f 2019f 2020f 2021f 2022f 2023f
Y-o-Y
Key Findings
Japan Flexible Endoscopes market valued USD XX billion in 2016
and tends to reach the value of USD XX billion by 2024 at a
considerable CAGR over the forecast period. The growth in these
screening and diagnostic procedures is driving unit growth in the
largest segment of this market, namely endoscopes.
The GI market has experienced significant reimbursement cuts in
the past three years, with CMS announcing double-digit cuts for
major procedures on an annual basis. For example, the second
highest volume procedure in this market,
esophagogastroduodenoscopy (EGD), experienced a XX% cut
between 2015 and 2017 for screening EGD and XX% for EGD with
biopsy. The highest volume procedure, colonoscopy, is proposed to
be cut in 2016 by a double-digit rate for biopsy and diagnostic
indications
2016
2024
Fig: 6-3 Global Flexible Endoscopes Market Y-O-Y Growth, By
Application, 2017-2024
Fig: 6-2 Global Flexible Endoscopes Market Size (USD Billion), By
Application-2017-2024

Table:1 Global Revenue (USD Billion) of Flexible Endoscopes, By Product Type,
2017-2024
Product
Type/Year
2016 2017 2018 2019 2020 2021 2022 2023 2024 CAGR %
Colonoscopes XX XX XX XX XX XX XX XX XX XX%
Gastroscopes XX XX XX XX XX XX XX XX XX XX%
Bronchoscopes XX XX XX XX XX XX XX XX XX XX%
Duodenoscopes XX XX XX XX XX XX XX XX XX XX%
Nasopharyngos
copes
XX XX XX XX XX XX XX XX XX XX%
Other
(Laryngoscopes,
Pharyngoscope
s)
XX XX XX XX XX XX XX XX XX XX%

Table:2 Country Wise Colonoscopes Sales Target, 2020-2024
Region
Colonoscopes Cumulative Sales
Target by 2020 (in Millions)
Colonoscopes Cumulative Sales
Target by 2024 (in Millions)
United States XX XX
Canada XX XX
China XX XX
Japan XX XX
India XX XX
Denmark XX XX
France XX XX
Germany XX XX
Norway XX XX
United Kingdom XX XX
Netherland XX XX
South Africa XX XX
Australia XX XX
Korea XX XX

6.1.1. Global Gastrointestinal (GI) Endoscopy Market, 2017-2024
Global gastrointestinal (GI) endoscopy market was USD
XX billion in 2016, expected to attain the growth rate of
XX% over the forecast period and reach USD XX Billion by
2024.
 The GI device market has also been characterized by
moderate weakening of prices during the past five years.
Several factors have contributed to this trend, including
consolidation on the demand side of the market, severe
reimbursement cuts, and the competitive environment.
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fig:- 6-4 Global Gastrointestinal (GI) Endoscopy Market Size (USD Billion)-
2017-2024
Fig:- 6-5 Global Gastrointestinal (GI) Endoscopy Market Y-O-Y Growth (%)
Analysis-2017-2024
XX%
XX%
XX%
XX%
XX%
North America
Europe
Latin America
Midlle East and Africa
APAC
Fig:- 6-6 Global Gastrointestinal (GI) Endoscopy Market Economics
by Region, 2016

6.1.2. Overview : Gastroscopes Market
XX
XX
XX
XX
XX
XX
2015 2016 2017
Fig: 6-7 Global Gastroscopes Market Revenue, 2015-2017 (USD Billion)
Rank Country Rate
1. Turkmenistan XX
2. Ukraine XX
3. Uzbekistan XX
4. Russia XX
5. Georgia XX
6. Slovakia XX
7. Syria XX
8. Fiji XX
9. Afghanistan XX
10. Bulgaria XX
11. Iraq XX
12. Egypt XX
13. Iran XX
14. Hungary XX
15. Saudi Arabia XX
16. Arab Emirates XX
17. Philippines XX
18. Yemen XX
19,. Sri Lanka XX
20. Tunisia XX
21. Malaysia XX
22. Libya XX
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
United States Germany Canada Japan Singapore
fig: 6-8 Health Care Spending as a Percentage of GDP in 5 Countries, 2016
Table:3 GI Disorders, Top Rank Countries, 2016

XX% XX%
XX% XX%
XX% XX%
XX% XX%
XX% XX%
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
2016 2024
Gastrointestinal (GI) Endoscopy Laparoscopy
Obstetrics/Gynecology Endoscopy Urology Endoscopy
Bronchoscopy
Urology Endoscopy Bronchoscopy
6.1.3. Global Flexible Endoscopes Market Attractiveness and BPS Analysis by
Fig: 6-9 Global Flexible Endoscopes Market Attractiveness-By Application,
2017-2024
Fig: 6-10 Global Flexible Endoscopes Market BPS Analysis- By Application,
2017-2024
According to Goldstein Research, laparoscopy holds the largest portion of market revenue and tends to grow at the
faster pace in the forecast period along with GI endoscopy. Vendors are increasingly focusing on offering advanced
products and services to end-users across the world, which in turn, will help them increase their market shares.
Minimally invasive techniques eliminate various post-operation complications such as pain, blood clots, fatigue, muscle
atrophy, and infections. This encouraged many surgeons in various medical facilities to adopt gastro endoscopy devices.
Flexible endoscopes are extensively used during laparoscopy procedures and their adoption will further increase in the
coming years since device manufacturers are offering training programs for medical professionals to handle the
endoscopy devices skillfully.
Obstetrics/Gynecol
ogy Endoscopy
Gastrointestinal
(GI) Endoscopy
Laparoscopy
XX%
XX%
XX%
XX%
XX%
XX%
XX XX XX XX XX XX XX XX
Otoscopy
Other (Neuroendoscopy,
Thoracoscopy, Rhinoscopy)

6.2. Global Flexibleendoscope Market, by Region, 2017-2024
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XX%
XX%
XX%
XX%
XX%
North America Latin America Europe Asia-Pacific Middle East & Africa
6.2. Global Flexible Endoscopes Market Share (%), 2016 & Market Size (USD
Billion), By Region,2015 & 2016
XX
XX
XX
XX
XX
XX
North America Europe APAC Latin America Middle East &
Africa
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
2015 2016
 Asia-Pacific is expected to dominate the flexible endoscopes market with a market share of XX% by the end of the
forecast period i.e. 2024 owing to the presence of emerging and developed economies such as India, China, Japan,
Brazil, Mexico, Africa, Korea and others
 North-America Flexible Endoscopes market is anticipated to expand at a CAGR of XX% during the forecast period i.e.
2017-2024. The adoption of flexible endoscopes is high in the Americas due to the increasing geriatric population and
an increase in chronic disorders. The market will continue to grow in the region due to the increasing awareness among
physicians and people regarding the advantages of flexible endoscopes for diagnosis and treatment. The popularity of
MI surgical procedures will further boost the use of flexible endoscopes across many healthcare centers in this region.
Fig: 6-11 Global Flexible Endoscopes Market Share (%) - By
Region, 2016
Fig: 6-12 Global Flexible Endoscopes Market Size (USD Billion) - By Region,
2015-2016

NORTH AMERICA
EUROPE
REST OF THE
WORLD
ASIA-PACIFIC
CHINA
JAPAN
INDIA
AUSTRALIA
MIDDLE EAST &
AFRICA
Global Virgin
endoscopes Oil
Market, By
Geography
U.S.
CANADA
GERMANY
FRANCE
U.K.
ITALY
OTHERS
OTHERS
LATIN AMERICA
6.2.(a). Global Virgin endoscopes Oil Market Geographical Segmentation
SOUTHKOREA

6.2.1. NorthAmerica FlexibleEndoscopes Market
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XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
2016 2024
Colonoscopes Gastroscopes
Bronchoscopes Duodenoscopes
Nasopharyngoscopes Other (Laryngoscopes, Pharyngoscopes)
XX
XX
XX
XX
XX
XX
XX
XX
XX
2015e 2016f 2017f 2018f 2019f 2020f 2021f 2022f 2023f
Fig: 6-13 North-America Flexible Endoscopes Market Size(USD
Billion)-2017-2024
XX%
CAGR: (2017-2024)
Fig: 6-14 North-America Flexible Endoscopes Market Share By
2016 2023
XX%
XX%
XX%
XX%
U.S. Canada
Fig: 6-15 North-America Flexible Endoscopes Market Size (USD
Millions), By Country-2017-2024
Fig: 6-16 North-America Flexible Endoscopes Market Size (USD
Million), By Application-2017-2024
6.2.1. North-America Flexible Endoscopes Market Size (USD Billion) & Y-O-Y
growth (%),2017-2024
2016 2024
XX%
XX%
XX%
XX%
XX%
XX%
XX%
Gastrointestinal (GI)
Endoscopy
Laparoscopy
Endoscopy
Urology Endoscopy
Bronchoscopy
Otoscopy
Other
(Neuroendoscopy,
Thoracoscopy,
Rhinoscopy)
XX%
XX%
XX%
XX%
XX%
XX%
XX%

XX% XX% XX%
XX% XX%
XX% XX% XX% XX%
2015 2016e 2017f 2018f 2019f 2020f 2021f 2022f 2023f
Y-o-Y
Fig: 6-18 U.S. Flexible Endoscopes Market Y-O-Y Growth Rate, 2017-
2024
XX XX
XX
XX
XX
XX
XX
XX
2016f 2017f 2018f 2019f 2020f 2021f 2022f 2023f
Fig: 6-17 U.S. Flexible Endoscopes Market Size (USD Billion). 2017-2024
XX%
CAGR: (2017-2024)
 US & Canada both are likely to witness a demand for flexible endoscopes as a result of technological advancements as
well as improved reimbursement status in both the regions. Rapidly aging population, growing incidence of associated
disease and increased obesity rates are some of the important factors driving the flexible endoscopes market. For
example, United Nations (UN) report predicts that the number of people in the world who are obese or overweight has
reached XX billion, up from XX million in 2016. Rise in prevalence of diseases that require endoscopy procedures such
as cancers and gastrointestinal diseases is one of the prime reasons that drives the growth of endoscopy devices
market.
The key players in flexible endoscopes segment are Stryker Corporation, Ethicon Endo-Surgery, Inc, Olympus
Corporation, Covidien Plc, Boston Scientific, Arthrex, Inc., Smiths Group, Aesculap, Inc, Karl Storz, ConMed, Richard
Wolf GmbH, Hoya Corporation, and Fujifilm Holdings Corporation.
6.2.1.1. U.S. Flexible Endoscopes Market Size (USD Billion) & Y-O-Y growth (%),
2017-2024

 According to the above graph, US Flexible Endoscopes market is anticipated to be the most attractive market across
all the countries in overall Flexible Endoscopes market, for new entrants looking to enter in the market, existing
players looking for business expansion and investors seeking investment opportunities over the forecast period i.e.
2017-2024
 In addition, growth in baby boomer generation with high risk of targeted diseases, rise in awareness about novel
endoscopy devices, and patient preference for the minimally invasive nature of endoscopy devices propel the
market growth. Modern endoscopy techniques have revolutionized the examination and treatment of upper
gastrointestinal tract (including esophagus, stomach, and duodenum) and the colon. Increase in adoption of
innovative endoscopy devices such as capsule endoscopes and robot-assisted endoscopy along with ultra-high-
definition visualization systems further augments the market growth.
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX XX XX XX XX XX XX
XX%
XX%
XX%
XX%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2016 2024
US CanadaUS Canada
6.2.2. North America Flexible Endoscopes Market Attractiveness and BPS Analysis
- By Country, 2017-2024
Fig: 6-19 North America Flexible Endoscopes Market
Attractiveness-By Country, 2017-2024
Fig: 6-20 North America Forklift Truck Market BPS Analysis- By Country,
2017-2024

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Industry
Competitors:
HIGH
Olympus
Corporation,
Medtronic,
Stryker, etc
Barriers to Entry
HIGH
High Cost
Manufacturing,
Well Established
Players.
Buyer Power:
LOW To
MODERATE
Substitutes:
HIGH
Supplier Power:
HIGH
Threat of new
entrants
Bargaining Power
of buyers
Threat of substitute
products or services
Bargaining power
of suppliers
The Barriers to Entry are significantly high which
means that it is difficult for outside companies to
enter the industry. New entrant is require to offer
the innovative and distinguish service or product in
order to make place in the competitive space, only
such a player tends to establish its market presence
and obtain the necessary clearance from regulatory
agencies and obtain the profit.
The power of Buyers is significantly low to moderate
and they are able to negotiate for better pricing.
However on the supplier side, the power of Suppliers
is also high as there are multiple supplier for a
particular test and these causes, for companies to
compete on price when they do not have any point
of differentiation.
Intensity of competition among the existing
competitors in the market. Intensity of rivalry
depends on the number of competitors and their
capabilities. Industry rivalry is high when:
•There are number of small or equal competitors and
less when there’s a clear market leader.
•Customers have low switching costs
•Industry is growing
•Exit barriers are high and rivals stay and compete
•Fixed cost are high resulting huge production and
reduction in prices
Customer can easily switch to substitute products. So
substitutes are a threat to your company. When
there are actual and potential substitute products
available then segment is unattractive. Profits and
prices are effected by substitutes so, there is need to
closely monitor price trends. In substitute industries,
if competition rises or technology modernizes then
prices and profits decline.

8. Company Profiling
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8.1. Boston Scientific
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Founded
1979
Employees
25,000
Business Segments
Interventional Cardiology
Cardiac Rhythm Management
Endoscopy
Peripheral Interventions
Urology & Pelvic Health
Neuromodulation
Electrophysiology
Headquarters
U.S.
Website
www.bostonscientific.com
Company Overview
 Boston Scientific Corporation is a developer, manufacturer and marketer of
medical devices that are used in a range of interventional medical specialties,
headquartered in Massachusetts, Unites States.
 The Company majorly operates through four geographic segments: United States,
Europe, the Middle East and Africa (MEA), and Asia Pacific (APAC).
 Boston Scientific Group is traded on NYSE stock exchange, America.
 The Boston Scientific Group offers its products by seven businesses: Interventional
Cardiology, Cardiac Rhythm Management, Endoscopy, Peripheral Interventions,
Urology and Pelvic Health, Neuromodulation, and Electrophysiology. It operates in
three segments: Cardiovascular, Rhythm Management and MedSurg.
Business Strategy
 The company operate following five strategic imperatives: Strengthen, Execution to Grow Share, Expand into High Growth Adjacencies, Drive
Global Expansion, Fund the Journey to Fuel Growth, and Develop Key Capabilities. Boston Scientific Group’s research and development efforts are
focused largely on the development of next-generation and novel technology offerings across multiple programs and divisions. In addition, we have
undertaken several strategic acquisitions to help us to continue to be a leader in the medical device industry. The company has invested USD920
million, or 11 percent of sales, in research and development to fuel meaningful innovation and also made strategic acquisitions of Cosman Medical,
EndoChoice Holdings, the gynecology and urology portfolio of Distal Access, the LumenR Tissue Retractor System and manufacturing assets and
capabilities of the Neovasc advanced biological tissue business. Aforementioned strategic acquisitions and R&D activities has resulted in growth of
business by introducing new technologies in medical field.
8.1.1. Boston Scientific (Company Overview)

XX
XX
XX
2014 2015 2016
Revenue(USDBillion)
Source: Annual Report
Fig: 8-1 Boston Scientific - Revenue (USD Billion), 2014-2016 Key Takeaways
 The company has achieved full-year sales
of USD XX billion, representing XX percent
revenue growth on both a reported and
operational basis, and XX percent organic
revenue growth.
 Company continued to drive global
expansion with emerging market organic
sales growth of XX percent in 2016,
representing approximately USD XX
billion in revenue or XX percent of
company’s total annual sales. This growth
was led by strong results across many
countries, most notably our business in
China, which grew organic revenue XX
percent.
8.1.2 Boston Scientific (Revenue & Financial Analysis)
Boston Scientific – Net Sales (USD Billion), 2014-2016
Products/Year 2016 2015 2014
Interventional Cardiology XX XX XX
Peripheral Interventions XX XX XX
Cardiovascular XX XX XX
Cardiac Rhythm Management XX XX XX
Electrophysiology XX XX XX
Rhythm Management XX XX XX
Endoscopy XX XX XX
Urology and Pelvic Health XX XX XX
Neuromodulation XX XX XX
MedSurg XX XX XX
Subtotal Core Business XX XX XX
Table No. 1

Fig: 8-2 Boston Scientific- Revenue (%)-By Product Category, 2016
XX%
XX%
XX%
XX%
XX%
XX%
XX%
Interventional
Cardiology
Peripheral
Interventions
Cardiac Rhythm
Management
Electrophysiology
Endoscopy
Urology and Pelvic
Health
Neuromodulation
Fig: 8-3 Boston Scientific- Revenue (%)-By Geography, 2016
Recent News & Developments
 Oct, 2017: Boston Scientific Corporation announced a definitive agreement to acquire Apama Medical Inc., a privately-held company that is
developing the Apama Radiofrequency (RF) Balloon Catheter System for the treatment of atrial fibrillation (AF). The transaction consists of USD
XX million in cash up-front and a maximum of USD XX million in contingent payments over the period of 2018-2020.
 March, 2017: Boston Scientific Corporation announced a definitive agreement to acquire Symetis SA, a privately-held Swiss structural heart
company focused on minimally-invasive transcatheter aortic valve implantation (TAVI) devices, for USD XX million in up-front cash.
 March, 2016: Boston Scientific has launched a new app, called the Ureteral Stent Tracker, that helps urologists and their staff keep tabs on
ureteral stents implanted in patients with kidney stones. The app was developed in partnership with health app developer Visible Health.
XX%
XX%
XX%
XX% United States
Europe
Asia Pacific, MEA
Other
8.1.3 Boston Scientific ( Revenue Split & Recent News)

8.2. Medtronic
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Founded
1949
Employees
88,000
Key Products
Ablation Systems
Pacemakers
Coronary stents
Monitoring Systems
Sleep-Disordered breathing products
Ventilator filters
Headquarters
Ireland
Website
www.medtronic.com
Company Overview
 Medtronic is one of the largest healthcare organizations
 The Company is traded on the New York Stock Exchange (NYSE)
 Medtronic operates in more than 155 countries worldwide with more than 260
locations
 Medtronic is a healthcare industry which provides various healthcare devices to
medical facilities across the globe
 The company have various centers of R&D, manufacturing, distribution &
education
Business Strategy
 Acquisitions & Expansion: Medtronic is focusing on the expansion of its product portfolio due to rising in demand for healthcare facilities worldwide.
The company is working on expansion of products and services by investing in research & development of healthcare facilities and through
acquisitions as well. Medtronic acquires many leading healthcare organizations like Heartware, Covidien, etc. to expand its business in healthcare
industry and became a leading organization across the globe
8.2.1. Medtronic (Company Overview)

Key Financials 2014 2016
Operating Margin XX XX%
Net Profit Margin XX XX%
Debt to Asset XX XX%
Market Capitalization XX XX Million
Source: Google finance, Morningstar
Fig: 8-4 Medtronic - Revenue (USD Million), 2013-2016 Key Takeaways
 Revenue of the company witnessed a
revenue of USD XX Million as the
demands of healthcare facilities increases
and the net sales reaches USD XX Million
in the FY2015 from USD XX Million in
FY2014
 Revenue of the company during FY 2014-
FY 2015 recorded a Y-O-Y growth of XX%
as the demands of healthcare equipment
increase in many nations across the globe
XX XX
XX
2013 2014 2015
Revenue(USDMillion)
Table No. 6
8.2.2. Medtronic (Financial Analysis)

Key Findings
 The revenue came from Cardiac & Vascular unit increases as the demands in this sector increased in the FY2015 across the globe
 Increase in ageing population worldwide leads to diabetic diseases and this leads to grasp more healthcare facilities for diabetic patients by the
nations which further increases the demand for diabetic healthcare facilities
 Restorative therapies are also share a major contribution to the revenue of healthcare industry worldwide
Fig: 8-5 Medtronic Sales (USD Million)-By Business Unit, 2015
9,361
6,751
1,762
2,387 Cardiac & Vascular
Restoring Therapies
Diabetes
Invasive therapies
Fig: 8-6 Medtronic Sales (USD Million)-By Business Unit, 2014
XX
XX
XX
Cardiac & Vascular
Diabetes
Restrorative Therapies
Source: Annual ReportSource: Annual Report

Recent News & Developments
 September 1, 2016: Medtronic gets approval from Food & Drug Association(FDA) for its newly developed CGM system which is monitoring
system which helps to examine the glucose level in a diabetic patient. This new product helps in the advancement of diabetes management
system
 August 23, 2016: Medtronic acquires Heartware International Inc. which is leading company in mechanical circulatory system(MCS) & also
manufactures heart pumps & ventricular assist devices. This acquisition enables Medtronic to expands its product portfolio in the field of heat
care facilities
 January 26, 2016: Medtronic acquires Covidien, based in Ireland which provides essential medical products and facilities to healthcare
industries. Medtronic completed the acquisition for USD 42,900 Million to expand its product portfolio and serve better healthcare facilities &
products across the globe
Fig: 8-7 Medtronic Investment in R&D (USD Million)-By Year, 2016
XX
XX
XX
FY2013 FY2014 FY2015
1,350
1,400
1,450
1,500
1,550
1,600
1,650
1,700
Key Takeaways
 Medtronic invested USD XX Million in R&D in
the FY2014 to promote new products such as
CGM sensors, etc.
 Medtronic invested XX% of the total revenue in
the R&D in the FY2015 to develop innovative
and advanced products in healthcare sector
 The R&D investment in FY2013 is USD XX
Million which is XX% of the total revenue. This
much percentage is invested in the FY2013 to
add new products in the company portfolio

9. Value Chain Analysis of Flexible Endoscopes Market
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9.1. Value Chain Analysis: Flexible Endoscopes
endoscopesSUPPLY
Supplier
endoscopesS
CONSUMERendoscopesEndoscopes
endoscopes
S
COPRA
endoscopes
OIL
CRUDE
RBD
VIRGIN
endoscopes OIL
FOOD:
Cooking Oil
Food Ingredient
SKINCARE:
Cosmetics
Personal care
EXPORT and DOMESTIC
Retail and Hotels
EXPORT and DOMESTIC
Retail
Health Shops
Pharmacy
Food Service
Hotels and Spas
Local Markets
Fresh
endoscopess
EXPORT
For Further
Processing
VALUE ADDED
Compost/Anima
Feed/Handicrafts
BY PRODUCTS
Shell, Husk
(Coir/Dust), Cake
endoscopes WATER
endoscopes Milk, Cream, Powder
etc.
EXPORT and
Domestic
EXPORT and
Domestic
SUGAR SAP
endoscopes WOOD
SAP/TODDY
MATURE TREES
Aforementioned flow-chart shows more direct distribution channels forming for major Pacific endoscopes products as small
producers shift from preliminary to final processing and distribute to emerging higher value regional markets such as overseas
visitors, bringing producers and buyers closer. It indicates those points at which improved skills, technology, transport and other
factors can deliver higher value (through quality, convenience, suitability for end use etc.) to the consumer. A new floor for
endoscopes oil prices is likely to develop because prices are remaining higher than competing oils. Over one-third and maybe as
high as half is used for oleochemical extraction for detergents and cosmetics. This is a relatively inelastic demand.

10. Expert Analysis
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10. Expert Analysis
Expert Analysis
 In 2016, diagnostic laboratories dominated the market; nursing homes/clinics and hospitals segment accounted for
nearly XX% of the total Asia-Pacific & Africa point of care testing (POCT) devices market and remaining XX% went for
different end-use segments such as homecare settings. The main reason for this despaired share is due to the rising
demand for point of care testing devices in diagnostic laboratories on the back of their advantages such as faster and
precise results
 However, as the medical device technology is on rise (especially in developing countries), the Africa therapeutic market
is projected to reach USD XXXX million in 2023 from USD XXXX million in 2016, registering a growth rate of XX%. In
addition to that, Africa pharmaceutical market touched USD XXXX million in 2016 and rising demand for prescription
medicines in the region is expected to accelerate the market to USD XXXX million by the end of 2023
 As a result, if seen from the big market point of view, blood glucose monitoring devices demand is higher in homecare
settings followed by diagnostic laboratories. Moreover, the rising healthcare expenditure in Africa on the back of new
healthcare reforms and rising investment in healthcare sector is expected to bolster the growth of point of care testing
devices in Africa & Asia-Pacific region
 With USD XXXX million in 2016, blood glucose monitoring devices has the highest demand followed by glycated
hemoglobin (HbA1c) testing devices and blood collection devices. The advancement in diagnostic devices are
encouraging the hospitals and diagnostic laboratories to adopt the advanced devices to obtain accurate diagnosis data.
The precise data would further help the physicians to provide better treatment to the patients
 Further, increasing spending by government authorities on research and development of innovative and advanced
medical devices along with rising disease burden are some of the major reasons behind the spiked growth of Asia-Pacific
& Africa point of care testing (POCT) devices market
 Further, increasing spending by government authorities on research and development of innovative and advanced
medical devices along with rising disease burden are some of the major reasons behind the spiked growth of Asia-Pacific
& Africa Flexible Endoscopes market

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profitability and market visibility as a brand.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future
decisions to keep them well ahead of the game which is the market, and leave a mark across businesses
and communities through our well-defined ideas and clear cut forecasts.
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decisions to keep them well ahead of the game which is the market, and leave a mark across businesses
and communities through our well-defined ideas and clear cut forecasts.

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Global Flexible Endoscopes Market Outlook 2024

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