Diagnostic Endoscopy Procedures Market Poised to Garner Maximum Revenues by 2025

Diagnostic endoscopy, a non-surgical procedure that uses an endoscope, allows physicians to view a patient’s internal organs and vessels to diagnose diseases of the stomach, colon, intestine, ear, nose, throat, urinary tract, lungs, joints, apart from many other conditions.

Endoscopy offers several benefits such as it provides a detailed view of the organ to assist the physician in making accurate diagnosis and allows for early detection of various cancers through detection of lesions and extraction of tissue samples for biopsy. Diagnostic endoscopy is easy to perform, more cost-effective, and poses relatively lower risk to the patient, which becomes important in an environment where governments are trying to reduce the cost of healthcare through reforms.

All these factors along with the changes in diseases profile due to aging population, changing lifestyle of the population, and growing awareness among physicians and patients about the benefits of diagnostic endoscopy is contributing to the growth of these procedures globally. People aged 60 years and above are projected to account for 17% of the global population by 2030, up from the present 12%. Moreover, non-communicable diseases accounted for around 70% of global deaths in 2015 (Source: WHO and Lancet).

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Government initiatives such as the National Bowel Cancer Screening Program in Australia, colorectal cancer screening program in the U.S., and screening for cervical cancer and bowel cancer offered to adults by the National Health Service (NHS) in the U.K. is also driving the growth of the global Diagnostic Endoscopy Procedures Market. For example, a survey conducted in the U.S. found that around 15 million colonoscopies were performed in 2012.

Based on how the endoscope reaches the target area, diagnostic endoscopy can be segmented into insertion through the mouth, insertion through the anus, insertion through the urethra, insertion through an incision in the chest or over the area to be viewed.

Diagnostic endoscopy can also be segmented based on the organ or part of the body viewed. Arthroscopy is used for joints; colonoscopy is used for the colon; colposcopy is used for the vagina and cervix; cystoscopy is used for the bladder; hysteroscopy is used for the urethra; upper GI endoscopy is used for esophagus, stomach, and small intestine and others.

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Diagnostic endoscopy can also be segmented based on the type of physician who performs the procedures – gastroenterologists, urologists, general physicians, gynecologists, orthopedic surgeons, ENT physicians and others.

In terms of region, the global diagnostic endoscopy procedures market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America will account for the largest proportion of procedures conducted globally due to the high penetration of minimally invasive technologies among healthcare facilities. Healthcare reform in the U.S., which is geared toward reducing costs and improving quality of services, will drive the facilities to adopt minimally invasive technologies that assist in the early detection of diseases and improving the efficiency of healthcare delivery.

Major ambulatory surgery centre chains operating in the global diagnostic endoscopy procedures market are Tenet Healthcare Corporation, AMSURG Corporation, Medical Facilities Corporation, Surgical Care Affiliates, and others whereas major private hospital groups operating in this market include Ramsay Health Care, IHH Healthcare Berhad, Apollo Hospitals Enterprise Ltd., China Resources Phoenix Healthcare Holdings Company Limited and others.

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This release was published on openPR.