| Product Code: ETC099525 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Malaysia gastrointestinal devices (GI) market was valued at USD 64 million in 2018 and is projected to reach USD 108 million by 2031 with a CAGR 5.4% during the forecast period due mainly to improved lifestyle leading to increased prevalence of lifestyle diseases including obesity which has resulted into more number of gastric related surgeries being conducted thereby pushing up demand for GI medical equipment amongst others. Additionally presence robust healthcare infrastructure combined with availability skilled medical personnel providing effective treatments via these device types also boosting overall GI device demand across country.
The Malaysia Gastrointestinal Devices market is anticipated to grow steadily due to factors such as an increasing prevalence of gastrointestinal disorders, a growing elderly population, and advancements in medical technology. Gastrointestinal devices are used for the diagnosis and treatment of various gastrointestinal conditions, and as the healthcare infrastructure improves, the demand for these devices is likely to rise. Additionally, the adoption of minimally invasive procedures is driving the market, offering patients faster recovery times and reduced medical complications.
The gastrointestinal devices market may encounter challenges associated with stringent regulations and the need for extensive clinical trials to ensure product safety and efficacy. Market players need to navigate complex approval processes to introduce new devices. Moreover, varying healthcare infrastructure and reimbursement policies across different regions in Malaysia could affect the adoption of such devices.
The medical device industry, including gastrointestinal devices, faced challenges during the pandemic due to prioritization of resources for COVID-19 response. Non-essential medical procedures and elective surgeries were postponed, affecting the demand for such devices. As healthcare systems stabilize, the market is expected to recover, driven by the increasing prevalence of gastrointestinal disorders.
Companies like Medtronic plc, Boston Scientific Corporation, Olympus Corporation, Johnson & Johnson, and Cook Medical are key players in the gastrointestinal devices market in Malaysia.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Gastrointestinal devices Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Gastrointestinal devices Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Gastrointestinal devices Market - Industry Life Cycle |
3.4 Malaysia Gastrointestinal devices Market - Porter's Five Forces |
3.5 Malaysia Gastrointestinal devices Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Malaysia Gastrointestinal devices Market Revenues & Volume Share, By Sales channel, 2021 & 2031F |
3.7 Malaysia Gastrointestinal devices Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Malaysia Gastrointestinal devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Gastrointestinal devices Market Trends |
6 Malaysia Gastrointestinal devices Market, By Types |
6.1 Malaysia Gastrointestinal devices Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Gastrointestinal devices Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Malaysia Gastrointestinal devices Market Revenues & Volume, By GI Videoscopes, 2021-2031F |
6.1.4 Malaysia Gastrointestinal devices Market Revenues & Volume, By Biopsy Devices, 2021-2031F |
6.1.5 Malaysia Gastrointestinal devices Market Revenues & Volume, By Endoscopic Retrograde Cholangiopancreatography Devices (ERCP), 2021-2031F |
6.1.6 Malaysia Gastrointestinal devices Market Revenues & Volume, By Capsule Endoscopy, 2021-2031F |
6.1.7 Malaysia Gastrointestinal devices Market Revenues & Volume, By Endoscopic Ultrasound, 2021-2031F |
6.1.8 Malaysia Gastrointestinal devices Market Revenues & Volume, By Endoscopic Mucosal Resection (EMR), 2021-2031F |
6.1.9 Malaysia Gastrointestinal devices Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Malaysia Gastrointestinal devices Market Revenues & Volume, By Others, 2021-2031F |
6.2 Malaysia Gastrointestinal devices Market, By Sales channel |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Gastrointestinal devices Market Revenues & Volume, By Online Retailing, 2021-2031F |
6.2.3 Malaysia Gastrointestinal devices Market Revenues & Volume, By Medical Stores & Brand Outlet, 2021-2031F |
6.3 Malaysia Gastrointestinal devices Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Gastrointestinal devices Market Revenues & Volume, By Hospitals, 2021-2031F |
6.3.3 Malaysia Gastrointestinal devices Market Revenues & Volume, By Clinics & Dialysis Centers, 2021-2031F |
6.3.4 Malaysia Gastrointestinal devices Market Revenues & Volume, By Ambulatory Surgical Center, 2021-2031F |
6.3.5 Malaysia Gastrointestinal devices Market Revenues & Volume, By Others, 2021-2031F |
7 Malaysia Gastrointestinal devices Market Import-Export Trade Statistics |
7.1 Malaysia Gastrointestinal devices Market Export to Major Countries |
7.2 Malaysia Gastrointestinal devices Market Imports from Major Countries |
8 Malaysia Gastrointestinal devices Market Key Performance Indicators |
9 Malaysia Gastrointestinal devices Market - Opportunity Assessment |
9.1 Malaysia Gastrointestinal devices Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Malaysia Gastrointestinal devices Market Opportunity Assessment, By Sales channel, 2021 & 2031F |
9.3 Malaysia Gastrointestinal devices Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Malaysia Gastrointestinal devices Market - Competitive Landscape |
10.1 Malaysia Gastrointestinal devices Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Gastrointestinal devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |