Small Bowel Enteroscopes Market

Small Bowel Enteroscope Market Outlook (2022 to 2032)

The small bowel enteroscope market is currently estimated to be valued at USD 500 Million, at a steady CAGR of 8% to 9% over the forecast period (2022 to 2032). Sales in the small bowel enteroscope market are anticipated to record substantial growth over the upcoming decade.

Adoption of small bowel enteroscope will presumably rise due to provisions like interventional and visualization therapy provided by the enteroscope. Small bowel enteroscopes also provide high-quality images of the entire bowel as compared to other techniques and devices. This will bolster the demand in the small bowel enteroscope market from 2022 to 2032.

Report Attribute	Details
Small Bowel Enteroscope Market Size (2022)	USD 500 Million
Small Bowel Enteroscope Market Projected Growth Rate (2022 to 2032)	8% to 9% CAGR

Enteroscopy is a medical diagnostic procedure- a type of endoscopy- used to diagnose a variety of medical conditions of the digestive tract. Enteroscope, a device used for endoscopy, constitutes a thin, flexible tube with an attached camera at the tip.

This enteroscope is then inserted either through the mouth or rectum for diagnosis and treatment of disorders of the small bowel. Generally, one or two inflatable balloons are attached to the device. These balloons aid the device to get a closer view of the esophagus, stomach, and small intestine.

Increasing demand for improved diagnosis and treatment of bowel disorders has led to technological advancements in the field of endoscopy. As such, small bowel enteroscope plays an important role in the diagnosis and evaluation of bowel disorders and examination of gastrointestinal tracts.

Small bowel enteroscope has also been acknowledged and applied for a wide variety of indications.

What are the Factors Improving the Growth in Small Bowel Enteroscope Market?

Rising demand for accurate and improved diagnosis and treatment for gastrointestinal disorders along with advancing technologies will bolster the growth in the small bowel enteroscope market. Further, small bowel enteroscopes are accepted for a wide range of indications including obscure gastrointestinal bleeding, small bowel tumors, polyposis syndromes, and others.

Certain indications currently under investigation are Crohn’s disease, refractory celiac disease, and small bowel obstruction. The rising prevalence of these diseases will aid the growth of the small bowel enteroscope market.

Surging cases of gastrointestinal disorders and gastrointestinal bleeding in patients will also boost the adoption of small bowel enteroscopes in hospitals, clinics, and diagnostics laboratories. This will further contribute to the growth of the global small bowel enteroscope market.

Which are the Factors Limiting the Sales in Small Bowell Enteroscope Market?

The high cost of enteroscope in emerging economies is one of the key factors limiting the growth of the small bowel enteroscope market

The small bowel enteroscopes require skilled professionals trained in the medicine and study of enteroscope to perform the examination. Hence, the dearth of trained professionals might impede growth.

Besides this, small bowel enteroscopes require a prolonged time to perform the examination which makes medical professionals reluctant to opt for enteroscope. Hence, the availability of alternative options to enteroscope might hinder sales.

What is the Demand Outlook of Small Bowel Enteroscope Market in Asia Pacific?

Technological advancements, a rise in demand for more sophisticated diagnoses of gastrointestinal disorders, and an upsurge in applications of small bowel enteroscopes are anticipated to fuel the growth of the small bowel enteroscope market in the Asia Pacific.

The small bowel enteroscope market is expected to grow at a significant growth rate in Asia Pacific. This is owing to the increasing number of bowel disorders in densely populated countries such as India and China.

Swiftly changing healthcare systems and policies, certain government initiatives to improve healthcare and higher per capita healthcare expenditure are likely to propel small bowel enteroscope market growth in Asia Pacific.

How Big is the Opportunity for Small Bowel Enteroscope Market in North America?

The high prevalence of gastrointestinal disorders especially inflammatory bowel syndrome will drive the market for small bowel enteroscope. According to the Centers for Disease Control (CDC) and Prevention, an estimated 3 million USA adults were reported to be diagnosed with inflammatory bowel syndrome in 2015.

This, growing awareness about gastrointestinal disorders, access to advanced healthcare facilities, and increasing investments in the healthcare sector will boost the small bowel enteroscope market in North America.

Market Competition

Leading players present in the global small bowel enteroscope market include Pentax Medical, Olympus Corporation, and FUJIFILM Holdings America Corporation among others.

The market is fairly competitive with key companies in the market engaged in developing their portfolio of new enteroscope products and adopting a commercialization strategy. Leading manufacturers are currently carrying out multiple clinical trials related to other indications of small bowel enteroscope to expand their product portfolio and strengthen their position in the market.

Report Scope

Report Attribute	Details
Growth Rate	CAGR of 8 to 9% from 2022 to 2032
Base Year for Estimation	2021
Historical Data	2015 to 2021
Forecast Period	2022 to 2032
Quantitative Units	Revenue in USD Million, and CAGR from 2022 to 2032
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered	Indication, End User, Region
Countries Covered	North America (USA, Canada); Latin America (Mexico, Brazil); Western Europe (Germany, Italy, France, United Kingdom, Spain, Nordic countries, Belgium, Netherlands, Luxembourg); Eastern Europe (Poland, Russia); Asia-Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand); Japan; The Middle East and Africa (GCC, S. Africa, N. Africa)
Key Companies Profiled	Pentax Medical; Olympus Corporation; FUJIFILM Holdings America Corporation
Customization	Available Upon Request

Key Segments Profiled in the Small Bowel Enteroscope Market Survey

By Indication:

• Obscure gastrointestinal bleeding
• Small bowel tumors
• Polyposis syndromes
• Dilation of small bowel stenosis

By End User:

• Hospitals
• Clinics
• Diagnostics Laboratories
• Others

By Region:

• North America (USA, Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, United Kingdom, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
• Eastern Europe (Poland, Russia)
• Asia-Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
• Japan
• The Middle East and Africa (GCC, S. Africa, N. Africa)

Frequently Asked Questions

Which region is expected to lead in small bowel enteroscope market?

Owing to the expansion of healthcare infrastructure and improved healthcare expenditure, North America will lead the growth in the small bowel enteroscopes market

Which are the major players in the small bowel enteroscope market?

Leading players present in the global small bowel enteroscope market include Pentax Medical, Olympus Corporation, and FUJIFILM Holdings America Corporation among others.

What are the factors influencing small bowel enteroscope market?

Rising demand for sophisticated diagnosis and treatment of gastrointestinal disorders along with advancing technologies are factors positively influencing the growth of the small bowel enteroscope market