Saudi Arabia Endoscopy Devices Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 8.20 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Saudi Arabia Endoscopy Devices Market Analysis
The Saudi Arabia endoscopy devices market is seen increasing due to the increasing patient preference for minimally-invasive procedures, high incidences of chronic diseases, increased awareness, and technological advancements.
Improved quality of care is triggering the market growth for endoscopy devices in Saudi Arabia. According to Taif Health Affairs, the Endoscopy Department of King Faisal Medical Complex has been enhanced with new cutting-edge endoscopic medical devices. Since 2017, the Department has performed 3,454 endoscopic procedures, including diagnostic and therapeutic upper & lower gastrointestinal (GI) endoscopies. Endoscopes has thus revolutionized the treatment and prevention of certain diseases, but it is also imposing the risk of infection that are associated with usage of endoscopes and is thus negatively impacting the growth of the market in Saudi Arabia.
Saudi Arabia Endoscopy Devices Market Trends
This section covers the major market trends shaping the Saudi Arabia Endoscopy Devices Market according to our research experts:
Endoscopic Cameras Segment Dominates the Saudi Arabia Endoscopy Devices Market
The Endoscopic cameras are miniature devices located at the brim of the endoscope tube, with usually, a lighting source that assists in the visualization during endoscopic procedures. Since endoscopic cameras are miniature devices intended for viewing internal organs, their sensors are of utmost importance, as the sensor type for camera determines the quality of images/visualization produced.
The current generation of endoscopic cameras are either equipped with CMOS (Complementary Metal Oxide Semiconductor) sensors or CCD (Charge-Coupled Device) sensors. Therefore with the growing incidence of chronic diseases and the need for advanced diagnostics is expected to propel the growth of Saudi Arabia endoscopy devices market.
Saudi Arabia Endoscopy Devices Industry Overview
Saudi Arabia Endoscopy Devices market has rapidly evolved over the last few years. Owing to the rapid evolution of the market in the use of endoscopes, medical device companies that are able to launch new innovative equipment will be rewarded with huge benefits. Major players in Saudi Arabia Endoscopy Devices market are KARL STORZ, PENTAX Medical, Apollo Endosurgery, Inc, Fujifilm Holdings Corporation, Stryker, CONMED Corporation, Olympus e.t.c amongst others.
Saudi Arabia Endoscopy Devices Market Leaders
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KARL STORZ
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PENTAX Medical
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Diversatek, Inc.
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Apollo Endosurgery, Inc
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Fujifilm Holdings Corporation
*Disclaimer: Major Players sorted in no particular order
Saudi Arabia Endoscopy Devices Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Growing Preference for Minimally-invasive Surgeries
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4.2.2 Technological Advancements Leading to Enhanced Applications
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4.3 Market Restraints
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4.3.1 Infections Caused by Endoscopes
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type of Device
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5.1.1 Endoscopes
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5.1.1.1 Rigid Endoscope
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5.1.1.2 Flexible Endoscope
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5.1.1.3 Capsule Endoscope
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5.1.1.4 Robot-assisted Endoscope
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5.1.2 Endoscopic Operative Device
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5.1.2.1 Irrigation/Suction System
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5.1.2.2 Access Device
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5.1.2.3 Wound Protector
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5.1.2.4 Insufflation Device
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5.1.2.5 Operative Manual Instrument
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5.1.2.6 Other Endoscopic Operative Devices
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5.1.3 Visualization Equipment
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5.1.3.1 Endoscopic Camera
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5.1.3.2 SD Visualization System
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5.1.3.3 HD Visualization System
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5.2 By Application
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5.2.1 Gastroenterology
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5.2.2 Orthopedic Surgery
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5.2.3 Cardiology
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5.2.4 ENT Surgery
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5.2.5 Gynecology
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5.2.6 Neurology
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5.2.7 Urology
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5.2.8 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 Karl Storz SE & Co. KG
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6.1.2 PENTAX Medical
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6.1.3 Apollo Endosurgery, Inc
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6.1.4 Diversatek, Inc.
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6.1.5 Fujifilm Holdings Corporation
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6.1.6 Stryker Corporation
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6.1.7 CONMED Corporation
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6.1.8 Olympus Corporation
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Saudi Arabia Endoscopy Devices Industry Segmentation
As per the scope of this report, endoscopy devices are minimally invasive and can be inserted into natural openings of the human body, in order to observe an internal organ or a tissue in detail. Endoscopic surgeries are performed for imaging procedures and minor surgeries.
| By Type of Device | ||||||||
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| By Application | |
| Gastroenterology | |
| Orthopedic Surgery | |
| Cardiology | |
| ENT Surgery | |
| Gynecology | |
| Neurology | |
| Urology | |
| Others |
Saudi Arabia Endoscopy Devices Market Research FAQs
What is the current Saudi Arabia Endoscopy Devices Market size?
The Saudi Arabia Endoscopy Devices Market is projected to register a CAGR of 8.20% during the forecast period (2024-2029)
Who are the key players in Saudi Arabia Endoscopy Devices Market?
KARL STORZ, PENTAX Medical, Diversatek, Inc., Apollo Endosurgery, Inc and Fujifilm Holdings Corporation are the major companies operating in the Saudi Arabia Endoscopy Devices Market.
What years does this Saudi Arabia Endoscopy Devices Market cover?
The report covers the Saudi Arabia Endoscopy Devices Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Saudi Arabia Endoscopy Devices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Saudi Arabia Endoscopy Devices Industry Report
Statistics for the 2024 Saudi Arabia Endoscopy Devices market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Saudi Arabia Endoscopy Devices analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
