Albany, NY -- (SBWIRE) -- 02/05/2016 -- A report from Transparency Market Research, titled "Gastrointestinal Endoscopic Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019", states that the global gastrointestinal endoscopic devices market is predicted to progress at a rapid pace during the period between 2013 and 2019, owing to the introduction of various types of gastrointestinal endoscopic devices and the increasing occurrence of gastrointestinal diseases.

Gastrointestinal endoscopic devices are used to examine the internal lining of the gastrointestinal (GI) tract that includes large intestine, small intestine, colon, duodenum, rectum, stomach, and cecum. Any abnormalities or infection in the GI tract are detected by using the gastrointestinal endoscopic devices. These devices help in the detection of the causes of persistent pain, abdominal bleeding, vomiting, tumor, and/or inflammation affecting the stomach, esophagus, and duodenum. Gastrointestinal endoscopic devices also assist in treating various diseases in the GI tract. Some of the common GI tract diseases are ulcer, colon cancer, bowel syndrome, Crohn's disease, diverticulitis, and gastroesophageal reflux disease.

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Gastrointestinal endoscopic devices include light attached to a thin flexible tube, thin flexible tube, and a visualizer. Some other components of gastrointestinal endoscopic devices are the power source, lasers, battery box, viewing sheath, bulbs, rheostat, insufflators, hand instruments, radiofrequency instruments, electrosurgical instruments, and fiber optic lighting. The procedure of detecting abnormalities in the GI tract through GI endoscopic equipment is called as gastrosurgical endoscopy. The image of internal structure can be studied through the visualizer of the devices. The captured images assist the medical physician to detect and treat the infections.

The increasing incidence of gastrointestinal diseases is predicted to propel the global gastrointestinal endoscopic devices market in the years to come. Gastrointestinal endoscopic devices are segmented as hemostatis devices, biopsy devices, GI videoscopes, endoscopic retrograde cholangiopancreatography devices (ERCP), and capsule endoscopy. GI videoscopes include video duodenoscopes, video ultrasound endoscopes, video sigmoidoscope, video gastroscopes, video colonoscopies, and video enteroscope. Some other GI endoscopic devices are enteral feeding devices, polypectomy snares, anti-reflux devices, stents, and esophageal dilation balloons.

Covidien Ltd., Conmed Corporation, Fujinon Ltd., Boston Scientific Corporation, Johnson & Johnson Ltd., and Stryker Corporation are some of the leading companies in the global gastrointestinal endoscopic devices market. Changing lifestyles and busy schedules have reduced the intake of healthy food, which has negatively affected the diet patterns of people around the world. Unhealthy eating habits have subsequently led to the growing prevalence of digestive tract problems. Apart from this, the increase in GI tract diseases has also boosted the global gastrointestinal endoscopic devices market in the recent past.

In 2011, nearly 1 million people globally were diagnosed with the rectum and colon cancer. The increase in the disposable income has helped in the growth of the global gastrointestinal endoscopic devices market in the recent past. Reduced government funding and lack of reimbursement policies are two of the major factors expected to hamper the growth of the global gastrointestinal endoscopic devices market in the near future. Delayed approval process and high costs would further affect the growth of the global gastrointestinal endoscopic devices market. Going forward, advancements in the gastrointestinal endoscopic devices are expected to drive the global gastrointestinal endoscopic devices market.

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