The European colonoscopy devices market is estimated to grow modestly, at a CAGR of 5.2%, during the forecast period. Europe contributes a significant share in the colonoscopy devices market. The major factor contributing to the regional growth of the market include a growing burden of colorectal cancer and increasing cancer prevention initiatives. According to the WHO, in Europe, colorectal cancer is considered the second-most common cause of cancer mortality in men and women. It is the second-most common form of cancer in women, after breast cancer, and the third-most common in men, after lung and prostate cancers.
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The European Federation of Crohn's & Ulcerative Colitis Associations is one of the organizations in the region which engages in the monitoring of bowel diseases in the region and conducting clinical studies so as to develop efficient treatment alternative for bowel diseases. Unhealthy lifestyles such as smoking, consumption of drugs and alcohol in European countries are the major factors for increasing cancer incidences among men and women which is a major factor augmenting the demand for cancer diagnosis in the region.
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The companies which are contributing to the growth of the European colonoscopy devices market include Boston Scientific Corp., FUJIFILM Holdings Corp., Hoya Corp., Olympus Corp., and Karl Storz GmbH & Co.
Market Segmentation
European Colonoscopy Devices Market by Type
Conventional Colonoscopy
Virtual Colonoscopy
European Colonoscopy Devices Market by End-User
Hospitals
Clinics
Others
Regional Analysis
UK
Germany
Italy
France
Spain
Rest of Europe
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