The South & Central America endoscopy procedures market is expected to grow from US$ 13,087.30 million in 2022 to US$ 22,611.24 million by 2030. It is estimated to grow at a CAGR of 7.1% from 2022 to 2030.
Use of Artificial Intelligence (AI) in Gastroenterology Fuel to the South & Central America Endoscopy Procedures Market
The application of artificial intelligence (AI) in gastrointestinal (GI) endoscopy is drawing a great amount of attention because it has the potential to improve the quality of endoscopy at all levels, compensating for human errors and limitations by bringing more accuracy, consistency, and higher speed. It will make a breakthrough and a big revolution in the development of GI endoscopy. AI has the advantage of limiting inter-operator variability. It can compensate for the limited experience of novice endoscopists and the errors of even the most experienced endoscopists. Over the past four decades, the incidence of esophageal adenocarcinoma (EAC) has risen rapidly due to the increasingly prevalent excess body weight. AI assistance shows promising results in terms of improving the detection and diagnosis of esophageal adenocarcinoma (EAC), thus, reducing the mortality and morbidity related to this type of malignancy with a poor prognosis when diagnosed at an advanced stage. The CAG AI SIG has an open model inviting new members, and AI researchers to maximize this novel technology's potential in improving endoscopy quality and patient outcomes. Ibex Medical Analytics, a pioneer in AI-powered cancer diagnostics, developed the world's first artificial intelligence (AI) platform to detect cancer. Its AI algorithms analyze images of biopsies and can pinpoint their location and grade the tumor. These results help pathologists diagnose gastric cancer accurately. Galen Gastric is an integrated diagnostics and quality control solution that supports pathologists in the detection of gastric cancer, dysplasia, H. pylori, and other important clinical findings. Thus, such development of AI-based endoscopes for cancer diagnostics are likely to introduce new trends in the endoscopy procedure market during the forecast period
South & Central America Endoscopy Procedures Market Overview
The endoscopic procedures market in South & Central America is segmented into Brazil, Argentina, and the Rest of South & Central America. The region is expected to witness a moderate growth rate of 7.1% from 2022 to 2030. Brazil held the largest market share in the region.
South & Central America Endoscopy Procedures Market Revenue and Forecast to 2030 (US$ Million)
South & Central America Endoscopy Procedures Market Segmentation
The South & Central America endoscopy procedures market is segmented into procedure, offering, product type, and end user.
Based on procedure, the South & Central America endoscopy procedures market is segmented into endoscopic retrograde cholangiopancreatography (ERCP), endoscopic submucosal dissection (ESD), peroral endoscopic myotomy (POEM), endoscopic ultrasound (EUS), interventional pulmonology and laparoscopy, arthroscopy and bronchoscopy, colonoscopy and colposcopy, proctoscopy and thoracoscopy, and others. The others segment held the largest share of the South & Central America endoscopy procedures market in 2022.
Based on offering, the South & Central America endoscopy procedures market is segmented endoscopes, ERCP accessories, visualization system, head positioner and endotherapy injection needles, sampling device and device clip and electrosurgical knife, endoscopic ultrasound guided devices, guidewire, forceps, snare, irrigation/insufflation tubing systems, probes, hemostats clip, polyps' traps, single-use valves, trocar sleeves and tissue scissors and cutters, retrieval devices, and others. The endoscopes segment held the largest share of the South & Central America endoscopy procedures market in 2022.
Based on product type, the South & Central America endoscopy procedures market is bifurcated into disposable and reusable. The reusable segment held a larger share of the South & Central America endoscopy procedures market in 2022.
Based on end user, the South & Central America endoscopy procedures market is segmented into hospitals and clinics, ambulatory surgical centres, diagnostic laboratories, and others. The hospitals and clinics segment held the largest share of the South & Central America endoscopy procedures market in 2022.
Based on country, the South & Central America endoscopy procedures market is segmented int o the Brazil, Argentina, and the Rest of South & Central America. The Brazil dominated the South & Central America endoscopy procedures market in 2022.
Stryker Corp; Smith & Nephew Plc; Arthrex Inc; Olympus Corp; and Boston Scientific Corp are some of the leading companies operating in the South & Central America endoscopy procedures market.
Table Of Contents
1. Introduction
- 1.1 The Insight Partners Research Report Guidance
- 1.2 Market Segmentation
2. Executive Summary
3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
4. South & Central America Endoscopy Procedures Market - Key Industry Dynamics
- 4.1 Market Drivers
- 4.1.1 Growing Preference for Minimally Invasive Surgeries
- 4.1.2 Increasing Prevalence of Cancer
- 4.2 Market Restraints
- 4.2.1 Risks of Infections Associated with Endoscopic Procedures
- 4.3 Market Opportunities
- 4.3.1 Technological Advancements Leading to Enhanced Applications
- 4.4 Future Trends
- 4.4.1 Use of Artificial Intelligence (AI) in Gastroenterology
- 4.5 Impact Analysis
5. Endoscopy Procedures Market - South & Central America Market Analysis
- 5.1 Endoscopy Procedures Revenue (US$ Mn), 2022 - 2030
6. South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 - by Procedure
- 6.1 Overview
- 6.2 South & Central America Endoscopy Procedures Market Revenue Share, by Procedure 2022 & 2030 (%)
- 6.3 Endoscopic Retrograde Cholangiopancreatography (ERCP)
- 6.3.1 Overview
- 6.3.2 Endoscopic Retrograde Cholangiopancreatography (ERCP): South & Central America Endoscopy Procedures Market- Revenue and Forecast to 2030 (US$ Million)
- 6.3.3 Endoscopic Retrograde Cholangiopancreatography (ERCP) Application
- 6.3.3.1 Obstructive Jaundice
- 6.3.3.1.1 Overview
- 6.3.3.1.2 Obstructive Jaundice: South & Central America Endoscopy Procedures Market- Revenue and Forecast to 2030 (US$ Million)
- 6.3.3.2 Gallstones
- 6.3.3.2.1 Overview
- 6.3.3.2.2 Gallstones: South & Central America Endoscopy Procedures Market- Revenue and Forecast to 2030 (US$ Million)
- 6.3.3.3 Suspicion of Injury to Bile Duct
- 6.3.3.3.1 Overview
- 6.3.3.3.2 Suspicion of Injury to Bile Duct: South & Central America Endoscopy Procedures Market- Revenue and Forecast to 2030 (US$ Million)
- 6.3.3.4 Biliary Stenosis and Biliary Duct Tumors
- 6.3.3.4.1 Overview
- 6.3.3.4.2 Biliary Stenosis and Biliary Duct Tumours: South & Central America Endoscopy Procedures Market- Revenue and Forecast to 2030 (US$ Million)
- 6.3.3.5 Sphincter of Oddi Dysfunction
- 6.3.3.5.1 Overview
- 6.3.3.5.2 Sphincter of Oddi Dysfunction: South & Central America Endoscopy Procedures Market- Revenue and Forecast to 2030 (US$ Million)
- 6.3.3.6 Others
- 6.3.3.6.1 Overview
- 6.3.3.6.2 Others: South & Central America Endoscopy Procedures Market- Revenue and Forecast to 2030 (US$ Million)
- 6.4 Endoscopic Submucosal Dissection (ESD)
- 6.4.1 Overview
- 6.4.2 Endoscopic Submucosal Dissection (ESD): South & Central America Endoscopy Procedures Market- Revenue and Forecast to 2030 (US$ Million)
- 6.5 Peroral Endoscopic Myotomy (POEM)
- 6.5.1 Overview
- 6.5.2 Peroral Endoscopic Myotomy (POEM): South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 6.6 Endoscopic Ultrasound (EUS)
- 6.6.1 Overview
- 6.6.2 Endoscopic Ultrasound (EUS): South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 6.7 Interventional Pulmonology and Laparoscopy
- 6.7.1 Overview
- 6.7.2 Interventional Pulmonology and Laparoscopy: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 6.8 Arthroscopy and Bronchoscopy
- 6.8.1 Overview
- 6.8.2 Arthroscopy and Bronchoscopy: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 6.9 Colonoscopy and Colposcopy
- 6.9.1 Overview
- 6.9.2 Colonoscopy and Colposcopy: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 6.10 Proctoscopy and Thoracoscopy
- 6.10.1 Overview
- 6.10.2 Proctoscopy and Thoracoscopy: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 6.11 Others
- 6.11.1 Overview
- 6.11.2 Others: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
7. South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 - by Offering
- 7.1 Overview
- 7.2 South & Central America Endoscopy Procedures Market Revenue Share, by Offering 2022 & 2030 (%)
- 7.3 Endoscopes
- 7.3.1 Overview
- 7.3.2 Endoscopes: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 7.4 Visualization System
- 7.4.1 Overview
- 7.4.2 Visualization System: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 7.5 ERCP Accessories
- 7.5.1 Overview
- 7.5.2 ERCP Accessories: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 7.5.2.1 Single-use ERCP Guidewire
- 7.5.2.1.1 Overview
- 7.5.2.1.2 Single-use ERCP Guidewire: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 7.5.2.2 Exchange Assistance Devices (Short-Wire ERCP Systems)
- 7.5.2.2.1 Overview
- 7.5.2.2.2 Exchange Assistance Devices (Short-Wire ERCP Systems): South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 7.5.2.3 Sphincterotome and Rotatable Sphincterotome
- 7.5.2.3.1 Overview
- 7.5.2.3.2 Sphincterotome and Rotatable Sphincterotome: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 7.5.2.4 Single-Stage Dilatation Balloon and Progressive Dilatation Balloon
- 7.5.2.4.1 Overview
- 7.5.2.4.2 Single-Stage Dilatation Balloon and Progressive Dilatation Balloon: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 7.5.2.5 Single-use Stone Retrieval Basket/ Single-use Nitinol Stone Retrieval Basket/ Single-use Stone Extraction Catheter
- 7.5.2.5.1 Overview
- 7.5.2.5.2 Single-use Stone Retrieval Basket/ Single-use Nitinol Stone Retrieval Basket/ Single-use Stone Extraction Catheter: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 7.5.2.6 Single-use Biliary Draining Tubing/ Single-use Biliary Drainage Catheter/ Single-use Nasal Biliary Drainage Catheter
- 7.5.2.6.1 Overview
- 7.5.2.6.2 Single-use Biliary Draining Tubing/ Single-use Biliary Drainage Catheter/ Single-use Nasal Biliary Drainage Catheter: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 7.5.2.7 Others
- 7.5.2.7.1 Overview
- 7.5.2.7.2 Others: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 7.6 Head Positioner and Endotherapy Injection Needles
- 7.6.1 Overview
- 7.6.2 Head Positioner and Endotherapy Injection Needles: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 7.7 Sampling Device and Device Clip and Electrosurgical Knife
- 7.7.1 Overview
- 7.7.2 Sampling Device and Device Clip and Electrosurgical Knife: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 7.8 Endoscopic Ultrasound (EUS) Guided Devices
- 7.8.1 Overview
- 7.8.2 Endoscopic Ultrasound (EUS) Guided Devices: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 7.9 Guidewire
- 7.9.1 Overview
- 7.9.2 Guidewire: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 7.10 Forceps
- 7.10.1 Overview
- 7.10.2 Forceps: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 7.11 Snare
- 7.11.1 Overview
- 7.11.2 Snare: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 7.12 Irrigation/Insufflation Tubing Systems
- 7.12.1 Overview
- 7.12.2 Irrigation/Insufflation Tubing Systems: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 7.13 Probes
- 7.13.1 Overview
- 7.13.2 Probes: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 7.14 Hemostasis Clip
- 7.14.1 Overview
- 7.14.2 Hemostasis Clip: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 7.15 Polyp Traps
- 7.15.1 Overview
- 7.15.2 Polyp Traps: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 7.16 Single-Use Valves
- 7.16.1 Overview
- 7.16.2 Single-Use Valves: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 7.17 Trocar Sleeves and Tissue Scissors and Cutters
- 7.17.1 Overview
- 7.17.2 Trocar Sleeves and Tissue Scissors and Cutters: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 7.18 Retrieval Devices
- 7.18.1 Overview
- 7.18.2 Retrieval Devices: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 7.19 Others
- 7.19.1 Overview
- 7.19.2 Others: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
8. South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 - by Product Type
- 8.1 Overview
- 8.2 South & Central America Endoscopy Procedures Market Revenue Share, by Product Type 2022 & 2030 (%)
- 8.3 Disposable
- 8.3.1 Overview
- 8.3.2 Disposable: Endoscopy Procedure Market - Revenue and Forecast to 2030 (US$ Million)
- 8.4 Reusable
- 8.4.1 Overview
- 8.4.2 Reusable: Endoscopy Procedure Market - Revenue and Forecast to 2030 (US$ Million)
9. South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 - by End User
- 9.1 Overview
- 9.2 South & Central America Endoscopy Procedures Market Revenue Share, by End User 2022 & 2030 (%)
- 9.3 Hospitals and Clinics
- 9.3.1 Overview
- 9.3.2 Hospitals and Clinics: South & Central America Endoscopy Procedures Market- Revenue and Forecast to 2030 (US$ Million)
- 9.4 Ambulatory Surgical Centers
- 9.4.1 Overview
- 9.4.2 Ambulatory Surgical Centers: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 9.5 Diagnostic Laboratories
- 9.5.1 Overview
- 9.5.2 Diagnostic Laboratories: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 9.6 Others
- 9.6.1 Overview
- 9.6.2 Others: South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
10. South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 -Country Analysis
- 10.1 South & Central America Endoscopy Procedures Market
- 10.1.1 Overview
- 10.1.2 South & Central America Endoscopy Procedures Market Share by Country - 2022 & 2030, (%)
- 10.1.3 Brazil
- 10.1.3.1 Brazil Endoscopy Procedures Market- Revenue and Forecasts to 2030 (US$ Million)
- 10.1.3.1.1 Brazil Endoscopy Procedures Market, by Procedure Type, 2020-2030 (US$ Million)
- 10.1.3.1.1.1 Brazil Endoscopy Procedures Market, For ERCP Application by Procedure Type, 2020-2030 (US$ Million)
- 10.1.3.1.2 Brazil Endoscopy Procedures Market, by Offerings, 2020-2030 (US$ Million)
- 10.1.3.1.2.1 Brazil Endoscopy Procedures Market, For ERCP Accessories by Offerings, 2020-2030 (US$ Million)
- 10.1.3.1.3 Brazil Endoscopy Procedures Market, by Product Type, 2020-2030 (US$ Million)
- 10.1.3.1.4 Brazil Endoscopy Procedures Market, by End User, 2020-2030 (US$ Million)
- 10.1.4 Argentina
- 10.1.4.1 Argentina Endoscopy Procedures Market- Revenue and Forecasts to 2030 (US$ Million)
- 10.1.4.1.1 Argentina Endoscopy Procedures Market, by Procedure Type, 2020-2030 (US$ Million)
- 10.1.4.1.1.1 Argentina Endoscopy Procedures Market, For ERCP Application by Procedure Type, 2020-2030 (US$ Million)
- 10.1.4.1.2 Argentina Endoscopy Procedures Market, by Offerings, 2020-2030 (US$ Million)
- 10.1.4.1.2.1 Argentina Endoscopy Procedures Market, For ERCP Accessories by Offerings, 2020-2030 (US$ Million)
- 10.1.4.1.3 Argentina Endoscopy Procedures Market, by Product Type, 2020-2030 (US$ Million)
- 10.1.4.1.4 Argentina Endoscopy Procedures Market, by End User, 2020-2030 (US$ Million)
- 10.1.5 Rest of South & Central America
- 10.1.5.1 Rest of South & Central America Endoscopy Procedures Market - Revenue and Forecast to 2030 (US$ Million)
- 10.1.5.1.1 Rest of South & Central America Endoscopy Procedures Market, by Procedure Type, 2020-2030 (US$ Million)
- 10.1.5.1.1.1 Rest of South & Central America Endoscopy Procedures Market, For ERCP Application by Procedure Type, 2020-2030 (US$ Million)
- 10.1.5.1.2 Rest of South & Central America Endoscopy Procedures Market, by Offerings, 2020-2030 (US$ Million)
- 10.1.5.1.2.1 Rest of South & Central America Endoscopy Procedures Market, For ERCP Accessories by Offerings, 2020-2030 (US$ Million)
- 10.1.5.1.3 Rest of South & Central America Endoscopy Procedures Market, by Product Type, 2020-2030 (US$ Million)
- 10.1.5.1.4 Rest of South & Central America Endoscopy Procedures Market, by End User, 2020-2030 (US$ Million)
11. Endoscopic Procedures Market Industry Landscape
12. Company Profiles
- 12.1 Stryker Corp
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 Merit Medical Systems Inc
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 Smith & Nephew Plc
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 Arthrex Inc
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 Steris Plc
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 Conmed Corp
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 Olympus Corp
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 Boston Scientific Corp
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments