The anticipated size of the mobile endoscopic workstation market in 2022 was USD 292.7 million and is estimated to total USD 302.9 million in 2023. Future Market Insights has mentioned in its reports that the mobile endoscopic workstation market will expand at a CAGR of 4.4% between 2023 and 2033, totaling around USD 465.8 million by 2033.
Mobile endoscopic workstations are surgical devices, which are used for effective endoscopic surgeries. The sales of mobile endoscopic workstations are likely to witness significant growth as technological advancements in endoscopes can be used for the early detection of diseases and the prevalence rate of these diseases is also having an impact on the mobile endoscopic workstations market.
Mobile endoscopic workstations can accommodate all the required endoscopic devices that are used in endoscopic surgery. Medical endoscopic workstations comprise a number of features that can be upgraded for user safety and comfort.
In addition to that, a mobile endoscopic workstation includes an LCD monitor arm, cable management, clip-in accessories, drawer pack, gas bottle holder, data storage accessories, and electrical safety switch, which allows the operator to optimize the viewing angle and position with integrated gas spring and tensioned joints for improved functionality and reduced user strain.
| Attributes | Details |
|---|---|
| Projected Forecast Value (2022) | USD 292.7 million |
| Projected Forecast Value (2023) | USD 302.9 million |
| Projected Forecast Value (2033) | USD 465.8 million |
| Growth Rate | 4.4% CAGR |
| Forecast period | 2023 to 2033 |
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The global mobile endoscopic workstations market grew at a CAGR of 2.8% between 2017 and 2022. Growth forecasts remain optimistic, with the market predicted to exhibit a CAGR of 4.4% between 2023 and 2033.
Mobile endoscopic workstations market will thus be attributed to the favorable reimbursement policies for endoscopic procedures in the United States along with the rise in the prominence of cancer.
High investments by hospitals are thus made for the purchase of new endoscopic equipment. Strong focus on research activities thus improve the endoscopy techniques and hence implementation of a new funding model by United States hospitals are being carried upon.
Increasing Prevalence of Gastronomical Diseases and Pulmonary Disorders
It is anticipated that the mobile endoscopic workstations market is primarily driven by the increasing prevalence of gastronomical diseases and pulmonary disorders, which require a minimally invasive surgical procedure.
Factors like mobile endoscopic workstations being minimally invasive that diagnose, prevent, and treats complications associated with visceral organs are driving the mobile endoscopic workstations market.
Mobile endoscopic workstations are being used in the procedures to examine interior hollow organs or cavities in the body, fueling the demand for this product and influencing the market size of the mobile endoscopic workstations market.
In addition to that, all the devices in the mobile endoscopic workstations are controlled by a central switch, along with a lot of clip-in accessories that are also provided for the cable holder clips and the placing of water bottles.
Increasing Miniaturization of Light Sources and Video Processing Qualities
To support CO2 insufflation in medical endoscopy, different size of gas bottle holders is also present in the mobile endoscopic workstations, and the driving factors that are influencing mobile endoscopic workstations to advance are increasing miniaturization of light sources and video processing qualities.
Medical professionals and physicians are highly making use of mobile endoscopic workstations for analyzing internal organs of interest, which is driving the demand for the mobile endoscopic workstations market.
In addition to that, there are several favorable FDA approvals and reimbursement policies pertaining to the mobile endoscopy workstations market in developed economies. There is a surge in patient preference for minimally invasive surgeries and shorter recovery times along with minimal postoperative complications. These factors are driving the growth of the mobile endoscopic workstation market.
Lack of Skilled Professionals
It is anticipated that the high cost of equipment, lack of skilled professionals, and limitations in the endoscopic cleaning of the devices to avoid future infections pose a threat and are acting as one of the prime restraining factors in the mobile endoscopic workstations market over the forecast period.
Presence of few Mobile Endoscopic Workstations
There are also infections caused by few mobile endoscopic workstations due to lack of cleaning which is likely to restrict the growth of the mobile endoscopy workstations market.
North American regions are expected to hold the highest market share of 35.7% for mobile endoscopy workstations with the United States forecasted at a value share of 34%.
The high market share in North America is owed to its well-established healthcare infrastructure, the surge in the adoption of advanced technology, the increase in the geriatric population, and the rise in the prevalence of gastrointestinal and abdominal diseases in this region.
The increasing use of cutting-edge endoscopy equipment and widespread accessibility to contemporary healthcare facilities that perform minimally invasive surgery are also fostering the region’s market share to a considerable extent.
Europe is expected to exhibit a market share of 27.8% in 2022, owing to growth in population, an increase in the prevalence of chronic diseases, and improvement in the healthcare facilities of this region, along with favorable government policies.
In addition to that, the market in the United Kingdom is highly competitive and can be forecasted to expand at a CAGR of 3.1%, and prominent players in the market have adopted various strategies to increase their mobile endoscopy workstations market share. There is an expansion of geographical presence through product launch, product development, product approval, and acquisition.
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Hospitals dominated the end-use segment in 2022 with a share of around 41.1% in terms of revenue. The presence of mobile endoscopy workstation facilities within a hospital positively affects various factors, like duration of hospital stay, total healthcare cost, quality of care, and availability of emergency care.
High admission rates of patients for proper treatment within hospital settings across the globe will continue pushing sales in this segment over the forecast period.
Gastrointestinal Endoscopy forecasts a market share of 28.6%. Demand for gastrointestinal endoscopy raises because of the taking tissue samples for a biopsy or removal of things such as food that may stuck in the upper GI tract, etc.
During the forecast period, it is also anticipated that the technological development of novel endoscopic devices is likely to accelerate the mobile endoscopic workstations market growth.
The major producers are constantly looking to develop advanced endoscopic solutions for the better treatment and diagnosis of a number of chronic disorders.
Some of the players in the mobile endoscopic workstations market include Aesculap Inc., ARC Group of Companies Inc, Armstrong Medical Inc., Cura Carts, Ecleris S.R.L, Electro Kinetic Technologies, Elmed Electronics & Medical Industry & Trade Inc., EMOS Technology Gmbh, ENDO-TECHNIK W. Griesat, Olympus, SonoScape medical corp., GIMMI, Maxerendoscopy, HAEBERLE, Optomic.
Key Trends in the Mobile Endoscopic Workstations Market
Some continuing trends in the mobile endoscopic workstations market are:
Key Developments
| Report Attributes | Details |
|---|---|
| Growth Rate | CAGR of 4.4% from 2023 to 2033 |
| Base Year for Estimation | 2022 |
| Historical Data | 2017 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in USD million and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | Type, Application, End-user, Hygiene, Region |
| Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; Middle East and Africa |
| Key Countries Profiled | United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, Poland, Russia, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC Countries, South Africa, Israel |
| Key Companies Profiled | Aesculap Inc.; ARC Group of Companies Inc.; Armstrong Medical Inc.; Cura Carts; Ecleris S.R.L; Electro Kinetic Technologies; Elmed Electronics & Medical Industry & Trade Inc.; EMOS Technology Gmbh; ENDO-TECHNIK W. Griesat; Olympus; SonoScape medical corp.; GIMMI; Maxerendoscopy; HAEBERLE; Optomic |
| Customization & Pricing | Available upon Request |
The mobile endoscopic workstations market size is estimated at USD 302.9 million in 2023.
The mobile endoscopic workstations market developed at a 2.8% CAGR from 2018 to 2022.
The mobile endoscopic workstations market is predicted to develop at 4.4% CAGR through 2033.
The gastrointestinal endoscopy segment leads the mobile endoscopic workstations market.
Europe acquired 27.8% of the mobile endoscopic workstations market in 2022.
| Estimated Market Size (2024E) | USD 2,927.1 million |
|---|---|
| Projected Market Value (2034F) | USD 4,416.7 million |
| Value-based CAGR (2024 to 2034) | 4.2% |
| Market Size - 2023 | USD 309.2 million |
|---|---|
| Market Size - 2033 | USD 570.2 million |
| Projected CAGR | 6.3% |
| Market Value in 2021 | USD 179.9 Million |
|---|---|
| Market Value in 2032 | USD 841.0 Million |
| Market CAGR (2022 to 2032) | 16.2% |
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Mobile Endoscopic Workstations Market
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