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2023

Endoscopy Fluid Management Market

Endoscopy Fluid Management Market Size, Share, Competitive Landscape and Trend Analysis Report, by Product, by Application, by End User : Global Opportunity Analysis and Industry Forecast, 2021-2031

LS : Diagnostics and Biotech

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Author's: Linu Dash | Roshan Deshmukh
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Endoscopy Fluid Management Market Research, 2031

The global endoscopy fluid management market size was valued at $640.6 million in 2021 and is projected to reach $1,286.4 million by 2031, growing at a CAGR of 7.2% from 2022 to 2031. Endoscopy fluid management systems aim to offer better visibility during an endoscopic procedure, which creates a huge demand for this instrument. Endoscopy fluid management systems are medical devices that help manage fluids during endoscopic procedures. These systems typically include a fluid collection unit, a suction device, and a fluid disposal system. The fluid collection unit collects and stores fluids during endoscopic procedures. The suction device removes fluids from the patient’s body and transports them to the fluid collection unit. The fluid disposal system treats and disposes of the collected fluids in an environmentally friendly manner.

Endoscopy Fluid Management Market

Historical overview

The endoscopy devices market was analyzed qualitatively and quantitatively from 2019-2027. The endoscopy fluid management market size grew at a CAGR of around 3.9% during 2020-2027. Most of the growth during this period was derived from the North America owing to the rise in the number of key players who manufacture endoscopy fluid management systems, an increase in disposable incomes, as well as the well-established presence of domestic companies in the region.  

Market dynamics

Growth & innovations in the medical device industry for the manufacturing of endoscopy fluid management systems creates an opportunity for the endoscopy fluid management market. An increase in the number of endoscopy fluid management industry for the development of endoscopic fluid management system drive the endoscopy fluid management market growth. For instance, in January 2021, Hologic, Inc., an innovative medical technology company, announced the European launch of a Fluent fluid management system. This system is used during diagnostic and operative hysteroscopy to provide liquid distension of the uterus.

 In addition, the growth of the endoscopy fluid management market is expected to be driven by increase in the number of the endoscopic procedure, an increase in the prevalence of chronic diseases such as gastric cancer, abnormal uterus bleeding, peptic ulcer, the surge in demand for a minimally invasive procedure, and increase in unmet healthcare needs. According to National Cancer Institute, in 2022, it was reported that around 26,380 new cases of gastric cancer are diagnosed in the U.S. As per the same source, it was reported that, gastric cancer rank 14th in incidence among the major type of cancer, in the U.S. The demand for minimally invasive procedures is not only limited to developed countries but is also being witnessed in developing countries, such as China, Brazil, and India, which fuel the growth of the market.

Furthermore, the healthcare industry in emerging economies is developing at a significant rate, owing to a rise in demand for enhanced healthcare services, significant investments by the government to improve healthcare infrastructure, and advancement in R&D activities in the medical industry in emerging countries. For instance, in 2020, a researcher of the University of Moratuwa, Sri Lanka, designed and develop an automated fluid management system for endoscopy-aided gynecological surgeries. This is attributed to further supports for market growth.

Factors such as the rise in the adoption of medical devices, and an increase in awareness among physicians regarding endoscopy, further drive the growth of the market. Meanwhile, in 2022, the European Society of Gastrointestinal Endoscopy (ESGE), has entered in Germany. This society conducts numerous workshops, are conducted to spread knowledge about endoscopy.

In addition, the rise in the geriatric population fuels market growth, owing to the fact that aged individuals are susceptible to chronic and infectious diseases. The aging population is the main end-user of knee-hip implants, bariatric surgeries, and gastrointestinal endoscopy, procedures, which further increases the demand for the endoscopic fluid management system. Moreover, in November 2021, Thermedx, LLC, a medical device manufacturing industry, announced the U.S. Food and Drug Administration (FDA) approval for X-FLO Fluid Management System. This system offers fluid distension and flushing of the uterus during gynecology procedures. Thus, technological advancements in the development of endoscopy fluid management systems propel the growth of the market. However, the high cost associated with endoscopy procedures is expected to restrict the market growth during the endoscopy fluid management market forecast period.

The COVID-19 pandemic has stressed healthcare systems globally. The COVID-19 pandemic has changed the way healthcare providers and medical device manufacturers approach endosurgery fluid management systems. The COVID-19 pandemic affected multiple sub-specialists and procedure-related filed such as gastroenterology. A huge number of clinics and hospitals across the globe were restructured to increase the hospital capacity for patients diagnosed with COVID-19. A significant proportion of these endoscopic procedures are affected due to national and regional lockdowns across the globe. According to the Journal of Frontline Gastroenterol, in 2021, it was analyzed that 90% of training services for endoscopy got affected due to the COVID-19 pandemic.  The COVID-19 outbreak is anticipated to have a negative impact on the growth of global endoscopy fluid management systems.

Segmental Overview

The endoscopy Fluid Management market share is segmented into Product, Application, and End User. By application, the market is categorized into laparoscopy, hysteroscopy, and others. By end user, the market is classified into hospitals, clinics, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Based on the product, the market is classified into endoscopy fluid management systems and endoscopy fluid management accessories. The endoscopy fluid management system segment dominated the global market in 2021 and is anticipated to continue this trend during the forecast period. This is attributed to advancements in technology in the healthcare sector, and the high cost of endoscopy fluid management systems as compared to accessories. 

Based on application, the market is classified into laparoscopy, hysteroscopy, and others. The laparoscopy segment dominated the global market in 2021 and is anticipated to continue this trend during the forecast period. This is attributed to an increase in the number of laparoscopy procedures. This further increases the demand for endoscopy fluid management systems for laparoscopy procedures and drives the growth of the market. In addition, the surge in demand for minimally invasive procedures and the rise in the geriatric population increase the demand for endoscopy fluid management systems, which is expected to propel the growth of the market. 

Based on the end user the market is classified into hospitals, clinics, and others. The hospitals held the largest market share in 2021 and are expected to remain dominant throughout the forecast period, owing to an increase in the number of endoscopy procedures, the development of advanced hospitals, and the availability of these products at hospitals.

Based on region the endoscopy fluid management market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.  North America accounted for a major share of the endoscopy fluid management market in 2021 and is expected to maintain its dominance during the forecast period.

Presence of several major players, such as Medtronic, Olympus America, Karl Storz Se & Co. Kg, Stryker, Hologic Inc, Arthrex, Inc, B. Braun, Cantel, COMEG, and CONMED Corporation. and advancement in the manufacturing of endoscopy fluid management systems in the region drive the growth of the market.  In addition, an increase in the development of the medical device sector is expected to propel the growth of the market. The use of a high-technology medical device such as an endoscopy fluid management system during the endoscopy procedure improves treatment compliance in the patient.

Furthermore, the presence of well-established healthcare infrastructure, high purchasing power, and a rise in the adoption rate of endoscopy fluid management systems in hospitals, and clinics are expected to drive the market growth.

Furthermore, product launches, product approval, and acquisitions adopted by the key players in this region boost the growth of the market. For instance, in January 2021, STERIS Plc, one of the global providers of healthcare and life science product and services, announced the definitive agreement to acquire Cantel Medical Corp. The agreement aims to strengthen and expand STERIS’s Endoscopy offerings.

Asia-Pacific is expected to grow at the highest rate during the forecast period. The market growth in this region is attributable to the presence of key players who manufactures endoscopy fluid management in the region as well as the growth in demand for laparoscopy procedure. In addition, an increase in the number of gastrointestinal endoscopy procedures and improvement in endoscopic infrastructure are set to propel the growth of the Asia-Pacific endoscopy fluid management system market. Furthermore, the development in healthcare infrastructure and increase in several hospitals and clinics is expected to contribute toward the growth of the endoscopy devices market in India. Endoscopy procedure is conducted in hospital and clinics, which increase the need for an endoscopic fluid management system. Companies throughout the world are developing robust systems and services and are emphasizing training through educational support to boost the endoscopy medical network in China. Thus, increasing awareness and spreading of knowledge among the population regarding endoscopy and increasing demand for minimally invasive procedures supplement the market growth.

COMPETITION ANALYSIS

Competitive analysis and profiles of the major players in the endoscopy fluid management systems, such as Medtronic, Olympus America, Karl Storz Se & Co. Kg, Stryker, Hologic Inc, Arthrex, Inc, B. Braun, Cantel, COMEG, and CONMED Corporation are provided in this report. The important players in the market such as EndoMed Systems, AVOMA GROUP, and others. Major players have adopted product launch, product approval, and agreement as key developmental strategies to improve the product portfolio of the endoscopy fluid management market.  

Some examples of product launches in the market

Olympus America, a medical device manufacturing company, announced the launch of a Hysteroscopic fluid management system. This system is designed to offer accurate and easy measurement of fluid balance and intrauterine pressure during a hysteroscopy procedure.

Stryker, one of the leading medical technology companies, introduced CrossFlow which is one of the most advanced fluid management systems in the market. This system uses ReconiSense Technology which allows the pump to determine optimal suction rates for burs, cutters, and RF probes to provide consistent visualization and decreased fluid usage by managing suction.

Furthermore, Hologic, a global manufacturer, and developer of medical technology provide Fluent Fluid Management System, and Aquilex Fluid Management System. The Fluent Fluid Management System is designed to provide liquid distension and volume differential during hysteroscopy procedures.

Acquisitions in the market

In November 2022, Boston Scientific Corporation, one of the leading global healthcare companies, announced a definitive agreement to acquire Apollo Endosurgery, a medical technology company headquartered in the U.S. The acquisition expands global capabilities in endoluminal surgery and also enables it to enter into a novel endo-bariatric market.

Product Approval

In November 2021, Thermedx, LLC, a medical device manufacturing industry, announced the U.S. Food and Drug Administration (FDA) approval for X-FLO Fluid Management System. This system offers fluid distension and flushing of the uterus during gynecology procedures. This system is also designed to measure the fluid deficit in the surgical procedure.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the endoscopy fluid management market analysis from 2021 to 2031 to identify the prevailing endoscopy fluid management market opportunity.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the endoscopy fluid management market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes an analysis of the regional as well as global endoscopy fluid management market trends, key players, market segments, application areas, and market growth strategies.

Endoscopy Fluid Management Market Report Highlights

Aspects Details
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Market Size By 2031

USD 1.3 billion

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Growth Rate

CAGR of 7.2%

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Forecast period

2021 - 2031

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Report Pages

399

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By Product
  • Endoscopy fluid management system
  • Endoscopy fluid management accessories
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By Application
  • Laparoscopy
  • Hysteroscopy
  • Others
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By End User
  • Hospital
  • Clinics
  • Others
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (Japan, China, India, Australia, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
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Key Market Players

Hologic Inc., STERIS plc, KARL STORZ SE & Co. KG, B. Braun SE, Arthrex, Inc., COMEG medical technologies, Medtronic plc, Stryker Corporation, Olympus america inc, CONMED Corporation

Key Market Players
Other Players

Johnson and Johnson

Analyst Review

Endoscopy fluid management systems are used in different procedure of endoscopy such as laparoscopy, hysteroscopy, urology, and arthroscopy, to improve the visibility during the surgeries, by providing accurate fluid pressure to internal cavities.

Increase in the number of advanced endoscopy fluid management systems and rise in the number of adoption of strategies such as collaboration, acquisition, and partnership by market players drives the market growth. For instance, in January 2021, the Hologic, Inc., an innovative medical technology company, announced the European launch of CE market Fluent fluid management system. This product is designed to provide consistent intrauterine pressure and accurate fluid deficit readings. It helps the doctors to conduct accurate and effective fluid management, during hysteroscopic procedures.

In addition, in January 2021, STERIS Plc, one of the global provider of healthcare and life science product and services, announced the definitive agreement to acquire Cantel Medical Corp. The agreement aims to strengthen and expand the STERIS’s Endoscopy offerings.

Author Name(s) : Linu Dash | Roshan Deshmukh
Frequently Asked Questions?

The top companies that hold the market share in Endoscopy Fluid Management market are Medtronic, Olympus America, Karl Storz Se & Co. Kg, Stryker, Hologic Inc, Arthrex, Inc, B. Braun, Cantel, COMEG, and CONMED Corporation.

Asia-Pacific is anticipated to witness lucrative growth during the forecast period, owing to rise in presence of key players who manufactures endoscopy fluid management in the region as well as growth in demand for laparoscopy procedure.

The key trends in the Endoscopy Fluid Management market are increasing in number of endoscopic procedure, increase in prevalence of chronic disease such as gastric cancer, abnormal uterus bleeding, peptic ulcer, surge in demand for minimal invasive procedure, and increase in unmet healthcare needs

The base year for the report is 2021.

Yes, Endoscopy Fluid Management companies are profiled in the report

The total market value of Endoscopy Fluid Management market is $640.6 million in 2021 .

The forecast period in the report is from 2022 to 2032

The market value of Endoscopy Fluid Management market in 2022 was $686.1 million

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Endoscopy Fluid Management Market

Global Opportunity Analysis and Industry Forecast, 2021-2031