Implications of COVID-19 on the Duodenoscopes Market, 2020-2030

Dublin, Aug. 12, 2020 (GLOBE NEWSWIRE) -- The "Duodenoscopes (General Surgery) - Global Market Analysis and Forecast Model (COVID-19 market impact)" report has been added to ResearchAndMarkets.com's offering.

The market model is built to visualize quantitative market trends within the General Surgery therapeutic area.

The Duodenoscopes market is driven by a wide variety of factors, however the market is primarily driven by increase in the number of Endoscopic Retrograde Cholangiopancreatography (ERCP) procedures, GI disorders, increase in patients with gallstone pancreatitis, and acute and chronic pancreatitis.

According the United Nations, ERCP is the "least invasive way of draining fluids from pancreatic and biliary ducts in patients with blockages caused by cancerous tumours, gallstones, or other conditions. Duodenoscopes are used in more than 500,000 ERCP procedures performed in the United States each year. Historically, this number has grown and is expected to keep growing by the same rate throughout the forecast period.

The growth in the number of ERCP procedures and GI disorders is due to increase in the incidence of pancreatic cancer, gallstones, gastrinoma in the pancreas or duodenum, and formation of peptic ulcers in the duodenum and is expected to increase the demand for duodenoscopes. Duodenoscopes are used to administer medication to patients with these conditions.

Each of the covered 39 country's color-coded and fully-sourced market models are equipped with epidemiology based indications with procedure volumes. To increase the data transparency, the interactive excel deliverable covers installed base, new sales volumes, product usage, average selling prices, market size and company share/rank analysis (wherever available). Moreover, analyst comments with qualitative insight offer context for quantitative data.

Key Inclusions of the market model are:

Currently marketed Duodenoscopes and evolving competitive landscape.

  • Insightful review of the key industry trends.

  • Annualized total Duodenoscopes market revenue by segment and market outlooks from 2015-2030.

  • Granular data on total installed base, units, average selling prices and market values by segment.

Global, Regional and Country level market specific insights.

  • Qualitative market specific information is available with global trends further broken down into regional trends. In addition the publisher's analysts provide unique country specific insights on the market.

  • SWOT analysis for Duodenoscopes market.

  • Competitive dynamics insights and trends provided for Duodenoscopes market.