Spain Gastrointestinal Endoscopic Devices Market Size & Outlook

The gastrointestinal endoscopic devices market in Spain is expected to reach a projected revenue of US$ 660.0 million by 2027. A compound annual growth rate of 9% is expected of Spain gastrointestinal endoscopic devices market from 2021 to 2027.
Revenue, 2020 (US$M)
$360.1
Forecast, 2027 (US$M)
$660.0
CAGR, 2021 - 2027
9%
Report Coverage
Spain

Spain gastrointestinal endoscopic devices market highlights

  • The Spain gastrointestinal endoscopic devices market generated a revenue of USD 360.1 million in 2020 and is expected to reach USD 660.0 million by 2027.
  • The Spain market is expected to grow at a CAGR of 9% from 2021 to 2027.
  • In terms of segment, endoscopy visualization systems market was the largest revenue generating product in 2020.
  • Endoscopes Market is the most lucrative product segment registering the fastest growth during the forecast period.


Gastrointestinal endoscopic devices market data book summary

Market revenue in 2020USD 360.1 million
Market revenue in 2027USD 660.0 million
Growth rate9% (CAGR from 2020 to 2027)
Largest segmentEndoscopy visualization systems market
Fastest growing segmentEndoscopes Market
Historical data2015 - 2019
Base year2020
Forecast period2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationEndoscopes Market, Endoscopy Visualization Systems Market, Endoscopy Visualization Components Market, Operative Devices Market
Key market players worldwideStryker Corp, Boston Scientific Corp, Johnson & Johnson, FUJIFILM Holdings Corp, Conmed Corp


Other key industry trends

  • In terms of revenue, Spain accounted for 1.9% of the global gastrointestinal endoscopic devices market in 2020.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
  • In Europe, Germany gastrointestinal endoscopic devices market is projected to lead the regional market in terms of revenue in 2027.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 943.4 million by 2027.

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Gastrointestinal Endoscopic Devices Market Companies

Name Profile # Employees HQ Website

Spain gastrointestinal endoscopic devices market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to gastrointestinal endoscopic devices market will help companies and investors design strategic landscapes.


Endoscopy visualization systems market was the largest segment with a revenue share of 41.13% in 2020. Horizon Databook has segmented the Spain gastrointestinal endoscopic devices market based on endoscopes market, endoscopy visualization systems market, endoscopy visualization components market, operative devices market covering the revenue growth of each sub-segment from 2015 to 2027.


The most common cancers in Spain include breast, prostate, colorectal, lung, and bladder cancers. In 2009, Spanish government initiated National Health System Cancer Strategy, which recommended cancer screenings and laid down minimum criteria for development & implementation.

Tenaglia Research and Innovation, a research center in Spain, undertook Piccolo project, in partnership with research & industrial organizations, for developing an advanced endoscope with high-resolution functional and structural imaging. Project Piccolo received funding from European Union’s Horizon 2020 research and innovation program under grant agreement number 732111.

It aims to boost early cancer detection and minimize diagnostic time for colorectal cancer through development of sophisticated endoscopic techniques. Moreover, the rate of obesity is increasing at an alarming rate in Spain, which boosts demand for bariatric surgery.

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Target buyers of Spain gastrointestinal endoscopic devices market databook

  • Our clientele includes a mix of gastrointestinal endoscopic devices market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Spain gastrointestinal endoscopic devices market, including forecasts for subscribers. This country databook contains high-level insights into Spain gastrointestinal endoscopic devices market from 2015 to 2027, including revenue numbers, major trends, and company profiles.

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Spain gastrointestinal endoscopic devices market size, by product, 2015-2027 (US$M)

Spain Gastrointestinal Endoscopic Devices Market Share, 2020 & 2027 (US$M)

Spain gastrointestinal endoscopic devices market size, by product, 2015-2027 (US$M)

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