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The global sigmoidoscope industry is likely to be driven by the rising endoscope device industry, which is likely to grow at a CAGR of 6.8% in the forecast period of 2024-2032 to reach USD 87.56 billion by 2032.
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North America led the worldwide sigmoidoscope market in 2020, due to a rise within the prevalence of carcinoma and gastrointestinal diseases, the presence of major players, and early adoption rate of people for various advanced products. The industry in Asia Pacific is expected to grow significant growth during the forecast period of 2024-2032, owing to rise in awareness about gastrointestinal diseases and their diagnosis, increase in aging population with higher ratio of colorectal cancer, and growing focus of major players in this region. The rising urbanisation and the rising disposable incomes in the region are also adding to the growth of the industry in the region in the forecast period of 2024-2032.
Sigmoidoscope refers to the minimally invasive medical examination of the lower part of the gastrointestinal tract (large intestine or colon) for determining the cause of any colon disease through the nearest part of the colon and the sigmoid colon. The sigmoid colon refer to the end portion of the bowel that is joined to the rectum.
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The product type can be divided as follows:
It finds wide applications in the following:
Based on end-uses, the market can be divided into the following:
The regional markets can be divided into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
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Among the major factors responsible for the increase in the global sigmoidoscope market are increase in prevalence of colorectal cancer and the rising maturing population, which is more prone to gastrointestinal diseases. Fast-paced lifestyle, increase in alcohol consumption, smoking, and unhealthy eating habits are among the major reasons responsible for gastrointestinal diseases and infections which demand a proper examination if the condition worsened. Thus, these changing lifestyle habits drive the global sigmoidoscope market to greater extent. Technologically advanced products offered by major companies in the world that shorten the procedure time and offer other features are also propelling the growth of the global sigmoidoscope market.
The report gives a detailed analysis of the following key players in the global sigmoidoscope market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Application |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is driven by endoscope device industry which projected to grow at a CAGR of 6.8% between 2024 and 2032.
The market is estimated to by propelled by rising endoscope device industry which will witness a healthy growth in the forecast period of 2024-2032 to reach USD 87.56 billion by 2032.
The major drivers of the market include growing urbanisation and industrialisation, rise in awareness about gastrointestinal diseases and their diagnosis and increase in aging population with higher ratio of colorectal cancer.
Growing technological advancement and investments by key players are the key industry trends propelling the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific with the North America accounting for the major market share.
The product types include flexible and rigid.
The end use segments are hospitals and clinics, ambulatory surgical centres, diagnostic centres, and gastroenterology institutes, among others.
The diverse applications for market are diagnosis and monitoring, among others.
The major players in the industry are General Electric Company, Olympus Corporation, Pentax Medical (HOYA Corporation), Bolton Surgical Limited, and HIENE USA LTD., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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