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Global Sigmoidoscope Market: By Product: Flexible, Rigid; By Application: Diagnosis, Monitoring; By End Use: Hospitals and Clinics, Ambulatory Surgical Centre, Diagnostic Centres, Gastroenterology Institutes; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Sigmoidoscope Market Outlook
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 2023-2028 to reach USD 67.3 billion by 2028.
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North America to Lead the Global Market for Sigmoidoscope
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 2023-2028, 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 2023-2028.
Sigmoidoscope Market Definition and Segmentation
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:
- Flexible
- Rigid
It finds wide applications in the following:
- Diagnosis
- Monitoring
- Others
Based on end-uses, the market can be divided into the following:
- Hospitals and clinics
- Ambulatory Surgical Centres
- Diagnostic Centres
- Gastroenterology Institutes
- Others
The regional markets can be divided into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
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Rising Cases of Colorectal Cancer Boosting the Global Sigmoidoscope Industry
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.
Key Industry Players in 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:
- General Electric Company
- Olympus Corporation
- Pentax Medical (HOYA Corporation)
- Bolton Surgical Limited
- HIENE USA LTD.
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Application, End Use, Region |
| Breakup by Product | Flexible, Rigid |
| Breakup by Application | Diagnosis, Monitoring, Others |
| Breakup by End Use | Hospitals and Clinics, Ambulatory Surgical Centre, Diagnostic Centres, Gastroenterology Institutes, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | General Electric Company, Olympus Corporation, Pentax Medical (HOYA Corporation), Bolton Surgical Limited, HIENE USA LTD., Others |
| 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Sigmoidoscope Market Analysis
8.1 Key Industry Highlights
8.2 Global Sigmoidoscope Historical Market (2018-2022)
8.3 Global Sigmoidoscope Market Forecast (2023-2028)
8.4 Global Sigmoidoscope Market by Product
8.4.1 Flexible
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Rigid
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.5 Global Sigmoidoscope Market by Application
8.5.1 Diagnosis
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Monitoring
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Others
8.6 Global Sigmoidoscope Market by End Use
8.6.1 Hospitals and Clinics
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Ambulatory Surgical Centre
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Diagnostic Centres
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Gastroenterology Institutes
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Others
8.7 Global Sigmoidoscope Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
9 North America Sigmoidoscope Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Sigmoidoscope Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Sigmoidoscope Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Sigmoidoscope Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Sigmoidoscope Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 General Electric Company
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Olympus Corporation
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Pentax Medical (HOYA Corporation)
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Bolton Surgical Limited
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 HIENE USA LTD.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Sigmoidoscope Market: Key Industry Highlights, 2018 and 2028
2. Global Sigmoidoscope Historical Market: Breakup by Product (USD Billion), 2018-2022
3. Global Sigmoidoscope Market Forecast: Breakup by Product (USD Billion), 2023-2028
4. Global Sigmoidoscope Historical Market: Breakup by Application (USD Billion), 2018-2022
5. Global Sigmoidoscope Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. Global Sigmoidoscope Historical Market: Breakup by End Use (USD Billion), 2018-2022
7. Global Sigmoidoscope Market Forecast: Breakup by End Use (USD Billion), 2023-2028
8. Global Sigmoidoscope Historical Market: Breakup by Region (USD Billion), 2018-2022
9. Global Sigmoidoscope Market Forecast: Breakup by Region (USD Billion), 2023-2028
10. North America Sigmoidoscope Historical Market: Breakup by Country (USD Billion), 2018-2022
11. North America Sigmoidoscope Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Europe Sigmoidoscope Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Europe Sigmoidoscope Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Asia Pacific Sigmoidoscope Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Asia Pacific Sigmoidoscope Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Latin America Sigmoidoscope Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Latin America Sigmoidoscope Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Middle East and Africa Sigmoidoscope Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Middle East and Africa Sigmoidoscope Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Global Sigmoidoscope Market Structure
Key Questions Answered in the Report
The market is driven by endoscope device industry which projected to grow at a CAGR of 6.8% between 2023 and 2028.
The market is estimated to by propelled by rising endoscope device industry which will witness a healthy growth in the forecast period of 2023-2028 to reach USD 67.3 billion by 2028.
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.
Analyst Review
The global sigmoidoscope market is primarily driven by endoscopic device market is projected to reach USD 67.3 billion by 2028. Aided by the growing technological advancements, the endoscopic devices market is propelling the sigmoidoscope industry and expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 6.8%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its product types, the sigmoidoscope industry can be segmented into flexible and rigid. The classification based on end use are hospitals and clinics, ambulatory surgical centres, diagnostic centres, and gastroenterology institutes, among others. On the basis of applications, the industry is divided into diagnosis and monitoring, among others. The major regional markets for sigmoidoscope are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the North America accounting for the largest part. The key players in the above market include General Electric Company, Olympus Corporation, Pentax Medical (HOYA Corporation), Bolton Surgical Limited, and HIENE USA LTD., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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