Market Size of France Endoscopy Devices Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 2.14 Billion |
Market Size (2029) | USD 3.13 Billion |
CAGR (2024 - 2029) | 7.77 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
France Endoscopy Devices Market Analysis
The France Endoscopy Devices Market size is estimated at USD 2.14 billion in 2024, and is expected to reach USD 3.13 billion by 2029, growing at a CAGR of 7.77% during the forecast period (2024-2029).
COVID-19 had a significant impact on the market studied in France. A May 2022 published study by PubMed states that without any catch-up outside of the lockdown periods and despite the gradual rollout of the national COVID-19 vaccine campaign in 2021, the pandemic had a significant negative impact on hospitalizations for cataract surgery, coronary angioplasty, hip and knee arthroplasties, and other procedures from 2020 through the first half of 2021. The hospital care given to surgical patients was unavoidably impacted by the pandemic. Pre-hospital emergency departments, critical care units, and anesthesia departments were notably impacted. The hospital system underwent a significant change as resources were transferred to the care of COVID-19 patients. Hence, it is observed that the endoscopy devices market was majorly hampered during the COVID-19 pandemic.
The demand for various endoscopy devices is anticipated to increase due to various factors, including rising demand for surgeries with faster recovery and the increasing adoption of endoscopy for treatment and diagnosis. Additionally, the rising burden of chronic diseases such as cancer is propelling the growth of the market studied. For instance, according to Globocan 2020, the incidence of pancreatic cancer in France was 14,461, and liver cancer was 11,504. These cases are expected to increase in the future, which is anticipated to propel the market's growth in France.
Additionally, the presence of French-born companies in the endoscopy business is propelling the growth of the market as local endoscopy devices are sold at a lesser cost compared to imported devices. Furthermore, due to the presence of key players such as Fujifilm, Conmed Corporation, Boston Scientific, and Medtronic PLC, there is a strong availability of branded endoscopy devices in the country. Therefore, owing to the above-mentioned factors, the market studied is expected to witness strong growth over the forecast period.
However, the lack of skilled labor in the country may hinder the market's growth over the forecast period.
France Endoscopy Devices Industry Segmentation
As per the scope of the report, endoscope devices are minimally invasive and can be inserted into natural openings of the body in order to observe an internal organ or a tissue in detail.
The French endoscopy devices market is segmented by type of device (endoscopes (rigid endoscopes, flexible endoscopes, capsule endoscopes, robot-assisted endoscopes), endoscopic operative devices, visualization equipment), application (gastroenterology, pulmonology, orthopedic surgery, cardiology, ENT surgery, gynecology, neurology, other applications). The report offers the value (in USD million) for the above segments.
By Type of Device | ||||||
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Endoscopic Operative Devices | ||||||
Visualization Equipment |
By Application | |
Gastroenterology | |
Pulmonology | |
Orthopedic Surgery | |
Cardiology | |
ENT Surgery | |
Gynecology | |
Neurology | |
Other Applications |
France Endoscopy Devices Market Size Summary
The endoscopy devices market in France is poised for significant growth over the forecast period, driven by an increasing demand for minimally invasive surgical procedures and the rising prevalence of chronic diseases such as cancer and cardiovascular conditions. The market, which experienced a downturn due to the COVID-19 pandemic's impact on hospital resources and surgical procedures, is rebounding as healthcare systems adapt and prioritize the treatment of chronic illnesses. The presence of local manufacturers offering cost-effective solutions, alongside major international players like Fujifilm, Conmed Corporation, Boston Scientific, and Medtronic PLC, is enhancing the availability and adoption of advanced endoscopy devices in the country. These factors, combined with ongoing research and awareness initiatives, are expected to propel the market's expansion.
The growing incidence of cardiovascular diseases, exacerbated by obesity and other lifestyle factors, is a key driver of market growth, with endoscopy devices playing a crucial role in diagnosis and treatment. The market is also benefiting from advancements in respiratory disease management, with endoscopy techniques such as bronchoscopy gaining traction for lung cancer screening and risk stratification. Despite challenges such as a shortage of skilled labor, the market is supported by strategic initiatives from major companies, including product launches and partnerships, which are strengthening their market positions. As the demand for effective diagnostic and therapeutic solutions continues to rise, the endoscopy devices market in France is expected to witness robust growth in the coming years.
France Endoscopy Devices Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Growing Preference for Minimally Invasive Surgeries
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1.2.2 High Prevalence of Diseases that Require Endoscopy
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1.3 Market Restraints
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1.3.1 Lack of Skilled Technicians
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1.3.2 Side Effects Associated with the Device
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1.4 Porter's Five Force Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size - Value in USD million)
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2.1 By Type of Device
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2.1.1 Endoscopes
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2.1.1.1 Rigid Endoscopes
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2.1.1.2 Flexible Endoscopes
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2.1.1.3 Capsule Endoscopes
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2.1.1.4 Robot-assisted Endoscopes
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2.1.2 Endoscopic Operative Devices
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2.1.3 Visualization Equipment
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2.2 By Application
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2.2.1 Gastroenterology
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2.2.2 Pulmonology
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2.2.3 Orthopedic Surgery
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2.2.4 Cardiology
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2.2.5 ENT Surgery
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2.2.6 Gynecology
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2.2.7 Neurology
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2.2.8 Other Applications
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France Endoscopy Devices Market Size FAQs
How big is the France Endoscopy Devices Market?
The France Endoscopy Devices Market size is expected to reach USD 2.14 billion in 2024 and grow at a CAGR of 7.77% to reach USD 3.13 billion by 2029.
What is the current France Endoscopy Devices Market size?
In 2024, the France Endoscopy Devices Market size is expected to reach USD 2.14 billion.