The COVID-19 pandemic will negatively impact the Asia Pacific GI endoscopy device market. Once the market stabilizes, however, it will expand quickly through 2029, primarily driven by the growth of underpenetrated endoscopy procedure volumes as more physicians become trained in endoscopic techniques, and as the Chinese and Indian populations gain greater access to health care in their respective markets. The introduction of robotics in gastrointestinal endoscopy will further improve the scope of market growth over the forecast period.
This Medtech 360 Report provides comprehensive data and analysis on the current state of the market for GI endoscopy devices in Asia Pacific across a 10-year period.
The COVID-19 pandemic will affect the GI endoscopic device market.
To what extent will the COVID-19 pandemic impact the market in Asia Pacific?
Which procedures are going to be affected the most during the pandemic?
How quickly are procedure volumes expected to rebound?
Few Asia Pacific countries have national programs for CRC screening.
In countries with such screening programs, what impact do these programs have on GI procedure volumes?
What are other major factors affecting procedure volume growth in these countries?
Australia's capsule endoscope market is much larger than those in other countries covered in this market valuation.
What has contributed to the size of Australia's capsule endoscopy market?
Will emerging markets in the Asia Pacific region surpass that of Australia by 2029?
The Asia Pacific GI endoscopy device market was dominated by large international competitors in 2019, but there will be increasing penetration of domestic manufacturers over the forecast period.
How much market share do the MNCs hold in each segment?
To what extent are domestic manufacturers penetrating their local markets?
AI and CAD are improving the scope of innovation in Asia Pacific gastrointestinal endoscopy device market.
Which companies are investing in AI and CAD ?
How is the incorporation of AI and CAD into endoscopy impacting the GI endoscopy device market?
- Gastrointestinal Endoscopy Devices - Market Insights - Asia Pacific
Author(s): Muskan Kishore, MBA(Pharm)
Muskan Kishore is a market expert specializing in gastrointestinal endoscopy devices within the Endoscopy, Diagnostics, and Healthcare IT Medtech Insights team at Decision Resources Group. Muskan Kishore holds a Bachelor's degree in Pharmacy from Panjab University, Chandigarh, and an MBA (Pharm) from the National Institute Of Pharmaceutical Sciences And Research (Mohali), Punjab.