Endoscopy Simulator Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Procedure (Upper And Lower Flexible Endoscopy, Bronchoscopy, Urology), By End-User (Hospitals, Academic Institutes), And By Geography - Forecasts From 2022 To 2027

  • Published : Apr 2022
  • Report Code : KSI061614180
  • Pages : 90

An endoscopy simulator, also known as an endoscopic simulator, is training and instructing tool for learners and healthcare professionals. Endoscopy simulators are used to provide the best diagnostic-therapeutic results while reducing patient risks. It has been regarded as a newer approach to ensuring patient safety, with the increasing need for sophisticated, invasive procedures that decrease upper gastrointestinal endoscopy, colonoscopy, and flexible sigmoidoscopy training possibilities. In order to achieve this degree of safety, endoscopic errors must be reduced, and training results must be enhanced and accelerated. Additionally, the market for endoscopy simulators has benefited from the popularity of minimally invasive surgeries in the healthcare industry. According to a study in the National Library of Medicine (NIH), published in February 2020, the number of open surgical operations fell by over 35% between 2000 and 2018 and were being replaced with minimally invasive techniques. With the rising prevalence of diseases and the increasing number of minimally invasive surgeries, the need for efficient training is essential. Due to this, the demand for advanced and realistic simulators has grown.

Based on geography, the global endoscopy simulator market is divided into North America, South America, Europe, Asia Pacific, the Middle East, and Africa. During the forecast period, the North American and Asia Pacific region is expected to hold a considerable market share of XX% and XX% respectively in 2027 due to rising R&D investments in advanced technologies in the regions. The US market in North America is expected to hold a considerable market share of XX% in 2020 due to rising partnerships and launches by major firms in the country. For instance,  the need for an ERCP simulator that provides accurate interactions and feedback, enabling the learner to experience the contact between the scope and the patient's tissue, led to the development of the Immersion Medical ERCP module by Immersion Medical.

Growing disease and cancer cases has led to product innovations and development which is driving the market growth. The increasing number of diseases and cancer cases has led to expanded demand for endoscopy tests and diagnosis. The American Cancer Society estimates that a total of 1.9 million new cancer cases would be diagnosed in the year 2022, leading to about 609,360 cancer deaths. According to statistics released by Cancer.net in January 2022, stomach cancer accounts for around 1.5% of cancer cases diagnosed each year in the United States. In 2020, an estimated 1,089,103 people have been diagnosed with the condition worldwide, and an estimated 768,793 deaths occurred in the year. This has resulted in increasing advancements in the endoscopy simulator market. For instance, In June 2021, InSimo, a company specializing in the creation of simulation software for training in medicine and surgery. The company announced the beginning of the ENSIST project (Endoscopic Simulation for Surgical Training). This project will be developing simulation modules to teach endoscopic surgery new surgical procedures. In addition, in January 2022, CeMSIM (RPI) along with Beth Israel Deaconess Medical Center in Boston and Kitware collaborated to develop a virtual endoscopic surgical simulator (VESS).

Endoscopy Simulator Market Scope:

 

Report Metric Details
 Growth Rate  CAGR during the forecast period
 Base Year  2020
 Forecast Period  2022–2027
 Forecast Unit (Value)  USD Billion
 Segments Covered  Procedure, Application, And Geography
 Regions Covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies Covered Karl Storz, EndoSim, CAE Healthcare, Intelligent Haptronic Solutions, Surgical Science Sweden AB (Simbionix), Kyoto Kagaku, VirtaMed, Trandomed 3D, Zhejiang Geyi Medical Instrument Co. Ltd
 Customization Scope  Free report customization with purchase

 

Segmentation

  • By Procedure
    • Upper and Lower Flexible Endoscopy
    • Bronchoscopy
    • Urology
  • By Application
    • Hospitals
    • Academic Institutes
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • UK
      • Italy
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Others
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Others

Frequently Asked Questions (FAQs)

2020 has been taken as the base year in the endoscopy simulator market.
Prominent key market players in the endoscopy simulator market include Karl Storz, EndoSim, CAE Healthcare, Intelligent Haptronic Solutions, and Surgical Science Sweden AB (Simbionix), among others.
The endoscopy simulator market has been segmented by procedure, end-user, and geography.
The increasing number of diseases and cancer cases has led to expanded demand for the endoscopy simulator market.
The North American and Asia Pacific region is expected to hold a considerable share of the endoscopy simulator market.

1. INTRODUCTION

1.1. Market Overview

1.2. Covid-19 Scenario

1.3. Market Definition

1.4. Market Segmentation

 

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

 

3. EXECUTIVE SUMMARY

3.1. Research Highlights

 

4. MARKET DYNAMICS

4.1. Market Driver

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.3.1. Bargaining Power of End-Users

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

 

5. ENDOSCOPY SIMULATOR MARKET, BY PROCEDURE

5.1. Introduction

5.2. Upper and Lower Endoscopy

5.3. Bronchoscopy

5.4. Urology

 

6. ENDOSCOPY SIMULATOR MARKET, BY END-USER

6.1. Introduction

6.2. Hospital

6.3. Academic Institutes

 

7. ENDOSCOPY SIMULATOR MARKET,  BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. United States

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe

7.4.1. Germany

7.4.2. France

7.4.3. UK

7.4.4. Italy

7.4.5. Others

7.5. The Middle East and Africa

7.5.1. Saudi Arabia

7.5.2. UAE

7.5.3. Others

7.6. Asia Pacific

7.6.1. China

7.6.2. India

7.6.3. Japan

7.6.4. South Korea

7.6.5. Taiwan

7.6.6. Thailand

7.6.7. Indonesia

7.6.8. Others

 

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Emerging Players and Market Lucrativeness

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Vendor Competitiveness Matrix

 

9. COMPANY PROFILES

9.1. Karl Storz

9.2. EndoSim

9.3. CAE Healthcare

9.4. Intelligent Haptronic Solutions

9.5. Surgical Science Sweden AB (Simbionix)

9.6. Kyoto Kagaku

9.7. VirtaMed

9.8. Trandomed 3D

9.9. Zhejiang Geyi Medical Instrument Co. Ltd


Karl Storz

EndoSim

CAE Healthcare

Intelligent Haptronic Solutions

Surgical Science Sweden AB (Simbionix)

Kyoto Kagaku

VirtaMed

Trandomed 3D

Zhejiang Geyi Medical Instrument Co. Ltd


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