Endoscopy is a minimally invasive procedure performed to examine internal cavities or lumen in the body such as the gastrointestinal track, pericardial cavity, space around joints, etc.. Body fluids obstruct the visualization of tissue parts, which need to be irrigated with water or other cleaning solutions. Irrigation is also recommended to enhance the visualization in ultrasound endoscopy. Moreover, irrigation offers inflation of body cavity thereby easing the endoscopy procedure. Irrigation is achieved using dedicated irrigating pumps that have controlled operation to release a predefined quantity of water or cleansing solute. The irrigation pumps are attached to the endoscope or opening and irrigation port through polyfluorene or polyethylene tubing. Endoscopy irrigation systems are simple units comprising a reservoir, a peristaltic pump, controller unit, and connecting tubing. Some systems are offered with optional water or solute warming capacities to provide warm water for irrigation.

Irrigation pumps have been an integral part of many endoscopy procedures such as arthroscopy, laparoscopy, ureteroscopy, etc. However, other specialties such as gastroenterology and obstetrics & gynecology are also incorporating these devices in their routine endoscopy practices, which is likely to drive expansion of the endoscopic irrigation pumps market. Moreover, health care providers are adopting national and international accreditations, which is expected to lead health care providers to standardize their endoscopic practices using ancillary equipment such as irrigation pumps. Demand for better diagnosis, patient safety, and ease of operation are anticipated to increase use of endoscopic irrigation pumps in near future. However, low cost and quality of endoscopic irrigation pumps offered by numerous local suppliers are anticipated to hamper the global endoscopic irrigation pumps market during the forecast period.

The global endoscopic irrigation pumps market can be segmented based on application, end-user, and region. In terms of application, the endoscopic irrigation pumps market can be classified into gastroenterology, laparoscopy, arthroscopy, obstetrics & gynecology, and others. Adoption of gastroenterology endoscopy is increasing and so are the therapeutic endoscopy procedures. Irrigation pumps are used to clean the mucus wall of the intestinal tract for better visualization. Many of the key players in the endoscopy sector are offering irrigation pumps. These factors are likely to drive expansion of the global endoscopic irrigations pumps market. Irrigation is an integral part of arthroscopy procedures. This is estimated to fuel expansion of the arthroscopy segment during the forecast period. Based on end user, the global endoscopic irrigation pumps market can be segmented into hospitals, ambulatory surgical centers, and specialty clinics. Endoscopic procedures are minimally invasive and are performed on a day care basis. A rise in their adoption in ambulatory surgical centers is likely to propel demand for endoscopy irrigation pumps in ambulatory surgical centers.

In terms of region, the global endoscopic irrigation pumps market can be classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is projected to hold a prominent share of the global endoscopic irrigation pumps market during the forecast period, due to high adoption of minimally invasive techniques such as endoscopy and demand for patient safety and operating standards. Europe is anticipated to account for a significant share of the global endoscopic irrigations pumps market during the forecast period. Asia Pacific is likely to account for a prominent share of the global endoscopic irrigations pumps market in the near future. The market in the region is expected to expand at a rapid pace due to an increase in expenditure on development of health care infrastructure in emerging countries such as China and India.

Major players operating in the global endoscopic irrigation pumps market are Olympus Corporation, MEDIVATORS Inc., B. Braun Medical Ltd, WISAP Medical Technology GmbH, Stryker, RUDOLF Medical GmbH + Co. KG., EMED, US Endoscopy, joimax GmbH, Fujifilm Holdings Corporation, and LEMKE.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Endoscopy Irrigation Pumps Market

Pre Book