Endoscopic Water Irrigation Pump Market

ENDOSCOPIC WATER IRRIGATION PUMP MARKET REPORT OVERVIEW

The global Endoscopic Water Irrigation Pump Market Size was USD 98.28 million in 2024 and the market is projected to touch USD 145.85 million by 2031, exhibiting a CAGR of 6.80% during the forecast period.

The endoscopy irrigation pump is a device used for endoscopic procedures. It provides a consistent flow rate of water in the course of action. A powerful but controllable pump that can irrigate fluid via either the instrument or auxiliary water channels of endoscopes. The pump has built-in safety features, easy to use and efficient in-patient treatment properties. It is applied in various body parts that include the irrigating joint, gastro-intestinal area, urethra, and others. The pump cleans the area and provides better visualization during a surgical procedure. A powerful but controllable pump that can irrigate fluid via either the instrument or auxiliary water channels of endoscopes.

The less invasive properties and affordable post and pre-procedure cost of devices are major factors anticipated to boost the market growth over the forthcoming years. The progress of technology, the market is getting numerous chances to grow in the coming future.

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

In the COVID-19 pandemic, this market was also noticeably impacted. The postponement and cancellation of other surgeries had decreased on demand for devices and consequently affected the market growth. In the pandemic, this market also had a phase of slow growth due to the slowdown of the supply chain and other areas which are connected with this market are highly affected such as production, manufacturing units and others. The disruptions in the import and export system hampered the production and demand of the devices. However, with the growing technologies this market has great potential to grow further and faster.

"High Demand for Disposable Components to Propel Market Growth"

The trend in the market which is growing very fast is the use of disposable components that propel the market growth. The shifting preference of consumers towards the disposable component is in high demand. It minimizes the cost of procedure and reduces the chance of cross-contamination which accelerates the market growth.

ENDOSCOPIC WATER IRRIGATION PUMP MARKET SEGMENTATION

By Type

Based on type the market can be categorized into <300 ml/min, 300-500 ml/min, & >500 ml/min

• <300 ml/min: This type of device provides easy and quick adjustment of flow rate and has an automatic prime button for instant irrigation upon pedal depression.
• 300-500 ml/min: This type of device is easy to operate and it offers powerful flushes by using a foot switch which is directly connected to bottles of sterile water makes it convenient and fast to use. It automatically stops working after pumping water for 20 seconds.
• >500 ml/min: This type of device is an automated irrigation system that eliminates manual syringing. It provides a footswitch for irrigation and reduces procedural time and increases visibility.

By Application

Based on application the market can be categorized into Hospitals, Clinics, & Others

• Hospitals: The hospitals are major contributors in the market growth because of being primary healthcare centers. The availability of advanced infrastructure and skilled doctors increases the demand.
• Clinics: The clinics are treating patients of chronic diseases using these antimicrobial coated tubes with more options than traditional way of treatments.
• Others: There are other medical centers such as ambulatory surgical centers that also include endoscopic devices for effective treatment and management.

"Advance Technology in Endoscopy devices Boost Market Growth"

It is one of the key driving factors for the Endoscopic Water Irrigation Pump Market Growth due to the integration of advanced technologies in the endoscopy devices. These endoscopy devices are equipped with a high-definition camera and light sources to help physicians to analyze internal organs of interest to boost the market. The inclination towards minimally invasive surgical procedures than traditional surgeries to reduce hospital stay and minimize post-procedure complications is the major factor to fuel the demand for endoscopy devices. Therefore, factors such as patient satisfaction, increased economic viability, and lesser hospital stay are estimated to increase the demand for minimally invasive endoscopic intervention and accelerate market growth.

"Growing Chronic Disease and Geriatric Population to Expand the Market"

Other growing factors for the market growth are the growing chronic disease burden and the increasing geriatric populations all over the globe are fuelling the adoption of endoscopic devices. The growing medical conditions due to the increasing geriatric population often require endoscopic intervention such as liver abscess, gallstones, endometriosis, and intestinal perforation, which in turn anticipated enhancing the market growth. The growing cancers all over the world also fuel the adoption of endoscopic devices for the early diagnosis and treatment of the disease.

"High Cost of Surgical Procedure and High Price of Equipment Impede Market Growth"

The off-putting factors that struck the market growth are the high cost of surgical procedure and high price of equipment. The equipment of the endoscopic procedures and its surgeries both are expensive that deter the consumers from using these devices. The limited availability of skilled healthcare professionals proficient in endoscopy techniques may pose a major restraining factor. Furthermore, concerns associated with infection control and the potential risk of complications allied with endoscopy procedures hampered the market expansion.

ENDOSCOPIC WATER IRRIGATION PUMP MARKET REGIONAL INSIGHTS

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.

"North America Dominates the Market due to Demand for Minimal Invasive Practice"

The North America region is dominating the Endoscopic Water Irrigation Pump Market Share due to the high embracing of minimally invasive techniques such as endoscopy. The growing pervasiveness of several chronic diseases such as cancer, diabetes, functional gastrointestinal disorders, and cardiovascular diseases amplify the demand for the devices in this region. Europe is witnessing a significant share of the endoscopic market. Asia Pacific is probably expected for a prominent share of the irrigation pump market due to the increasing expenditures on development of healthcare infrastructure.

"Key Players Transforming the Healthcare Market through Improving Product Quality and Strategy Partnership"

Many prominent industry players are operating in this market focused on improving product quality, reducing price and efficient channel distributions. However, there are many companies in the market that use some techniques such as merger, acquisitions, partnership and using new advanced technologies for producing and developing new products and stay ahead in the market.

• Olympus (Japan)
• Steris (Ireland)
• Braun (Germany)
• Shanghai Aohua Photoelectricity Endoscope Co., Ltd. (China)
• WISAP Medical Technology (Germany)
• Duomed (Belgium)
• PENTAX Medical (Japan)
• Ottomed Endoscopy (India)
• Cantel Medical (U.S.)
• Fujifilm (Japan)
• MFI Medical (U.S.)
• Advin Health Care (India)
• Hangzhou AGS MedTech Co., Ltd. (China)
• EMED (U.S.)
• Jinshan Group (China)

November 2024: Olympus Corporation launched its most advanced endoscopy system EVIS X1. It is a next-generation endoscopy system in China that was verified at the 6^th annual China International Import Expo in Shanghai.

This report is based on historical analysis and forecast calculation that aims to help readers get a comprehensive understanding of the global endoscopic water irrigation pump market from multiple angles, which also provides sufficient support to readers’ strategy and decision-making. Also, this study comprises a comprehensive analysis of SWOT and provides insights for future developments within the market. It examines varied factors that contribute to the growth of the market by discovering the dynamic categories and potential areas of innovation whose applications may influence its trajectory in the upcoming years. This analysis encompasses both recent trends and historical turning points into consideration, providing a holistic understanding of the market’s competitors and identifying capable areas for growth.

This research report examines the segmentation of the market by using both quantitative and qualitative methods to provide a thorough analysis that also evaluates the influence of strategic and financial perspectives on the market. Additionally, the report's regional assessments consider the dominant supply and demand forces that impact market growth. The competitive landscape is detailed meticulously, including shares of significant market competitors. The report incorporates unconventional research techniques, methodologies and key strategies tailored for the anticipated frame of time. Overall, it offers valuable and comprehensive insights into the market dynamics professionally and understandably.