Market Overview

The Global Gastrointestinal Devices Market was valued at USD 11,266.8 million in 2023 and is expected to reach USD 19,599.6 million by 2031 while growing at a CAGR of 7.2% during the forecast period (2024-2031). 

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global gastrointestinal devices market growth. Gastrointestinal devices are crucial medical instruments for diagnosing and treating various disorders affecting the digestive system. They play a vital role in healthcare by aiding in the detection, monitoring, and management of gastrointestinal conditions. The advancement of technologies in this field has resulted in more effective and minimally invasive procedures, benefiting patients with GI conditions.

The increasing incidence of gastrointestinal disorders, coupled with a preference for minimally invasive procedures and advances in medical technology, is propelling significant growth in the Gastrointestinal devices market. Despite these favorable factors, the market's expansion may encounter challenges, such as a stringent regulatory environment and the high costs associated with gastrointestinal devices.

Furthermore, the global gastrointestinal devices industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product Type Analysis

The Global Gastrointestinal Devices Market is segmented among Gi Videoscopes, Biopsy Devices, Endoscopic Retrograde Cholangiopancreatography Devices (ERCP), Capsule Endoscopy, Endoscopic Ultrasound, and Other Product Types, based on Product Type. In 2023, Endoscopic Ultrasound accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By End User Analysis

The Global Gastrointestinal Devices Market is segmented among Hospitals, Clinics, and Other End-Users, based on End User. In 2023, Hospitals accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Gastrointestinal Devices Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Boston Scientific Corporation, CONMED Corporation, Stryker, Medtronic, Olympus Corporation, KARL STORZ SE & Co. KG, Cook Group Incorporated, B. Braun SE, Johnson & Johnson, and Micro-tech.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Gastrointestinal Devices Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Gastrointestinal Devices Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Gastrointestinal Devices Market Segmentation, By Product Type

• Global Gastrointestinal Devices Market Share Analysis, By Product Type

• Global Gastrointestinal Devices Market Growth Analysis, By Product Type

• Global Gastrointestinal Devices Market Trends, By Product Type

o Gi Videoscopes

o Biopsy Devices

o Endoscopic Retrograde Cholangiopancreatography Devices

o Capsule Endoscopy

o Endoscopic Ultrasound

o Other Product Types

6. Global Gastrointestinal Devices Market Segmentation, By End User

• Global Gastrointestinal Devices Market Share Analysis, By End User

• Global Gastrointestinal Devices Market Growth Analysis, By End User

• Global Gastrointestinal Devices Market Trends, By End User

o Hospitals

o Clinics

o Other End Users

7. Global Gastrointestinal Devices Market Segmentation, By Region

• Global Gastrointestinal Devices Market Share Analysis, By Region

• Global Gastrointestinal Devices Market Growth Analysis, By Region

• Global Gastrointestinal Devices Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Boston Scientific Corporation*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• CONMED Corporation

• Stryker

• Medtronic

• Olympus Corporation

• KARL STORZ SE & Co. KG

• Cook Group Incorporated

• B. Braun SE

• Johnson & Johnson

• Micro-tech 

*Similar analysis will be provided for each company listed above.