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(MoneyNewsWire.Net, July 12, 2017 ) According to the report Global Endoscopy Devices Market, published by Market Data Forecast, the global market is projected to reach USD 37.40 billion by 2021, at a CAGR of 6.80% from 2016 to 2021.
Endoscopy consists of methods which are cost-effective ensuing in fewer complications post-surgery and negligible scars in the body. These surgeries also decrease the length of stay of the patient at the hospital. Devices such as endoscopes, visualization systems, and operative devices give direct insight inspection of the organs, unlike other medical imaging tools. This is recognized to the diverse application of these endoscopes to diagnose and treat different diseases and increased adoption of flexible endoscopes across different healthcare settings.
The endoscopy unit at hospitals is furnished with devices (such as flexible, rigid, capsule, and robot-assisted endoscopy, depending upon the usage), trolleys, cabinets, visualization & documentation systems, mechanical endoscopy system (endoscopic implants, trocars, biopsy forceps and others), accessories, medication, insufflators, and others. Both endoscopy and endotherapy are performed in hospitals, and since they are minimally invasive procedures, they provide various advantages over other surgeries. The technological advancements in endoscopy devices promoted the adoption of endoscopy procedures for various surgeries such as urological endoscopy; gastrointestinal (GI) endoscopy; ear, nose, and throat (ENT) endoscopy; joint surgeries (arthroscopy); and especially in the field of oncology
Get a comprehensive overview of the Global Endoscopy Devices Market: http://www.marketdataforecast.com/market-reports/global-endoscopy-devices-market-721/
Global Endoscopy Devices Market: Drivers & Restraints
The growth of the Global Endoscopy Devices Market is mainly driven by factors such as growing number of hospitals, increasing investments, and grants by administration bodies worldwide. In addition, growing patient predilection for minimally invasive operations, technological advancements, favourable reimbursement coverage in selected countries, growing geriatric population are some of the other important factors contributing towards the market growth. However, lack of skilled operators and diseases acquired from unsterilized endoscopes are hindering the growth of the market.
Get accurate market forecast and analysis on the Endoscopy Devices Market. Request a sample to stay up-to-date on the main trends affecting this market: http://www.marketdataforecast.com/market-reports/global-endoscopy-devices-market-721/request-sample
Global Endoscopy Devices Market: Segmentation
By Product Type
• By Endoscopes
o Flexible Endoscopes
o Rigid Endoscopes
o Capsule Endoscopes
• Visualization Systems
• By Other Endoscopy Equipment
o Electrical Endoscopy Equipment
o Mechanical Endoscopy Equipment
By Application
• Laparoscopy
• Bronchoscopy
• GI Endoscopy
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/global-endoscopy-devices-market-721/customize-report
Global Endoscopy Devices Market: Overview
Endoscopy is a technology that has altered the viewpoint of identifying diseases and the way surgeries were achieved previously and are receiving attention across the world. The study provides an in-depth analysis of the global endoscopy devices market with current trends and future estimations to elucidate the imminent investment pockets. The report provides a quantitative analysis from 2014 to 2022 to enable the stakeholders to capitalize on prevailing market opportunities. The flexible endoscopes hold a dominating share in the global endoscopy devices market, and is expected to maintain its lead during the forecast period.
Competitive intelligence highlights the business practices followed by leading market players across various geographic regions. Porters Five Force’s model is expected to interpret the bargaining power of suppliers & buyers, threat of new entrants & substitutes, and competition among the key players. Extensive analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
Global Endoscopy Devices Market: Region-wise Outlook
The market has also been geographically segmented into North America, Europe, Asia-Pacific and the Rest of the World. Currently, North America leads the global Endoscopy Devices market with nearly half of the share followed by Europe. However, The Asia-Pacific region is projected to grow at the highest CAGR during the forecast period due to reasons such as an increase in demand for less invasive surgeries.
Key Questions Answered
• What is the current and future Global Endoscopy Devices Market outlook in global? What trends are affecting the global market?
• What is the competitive landscape and market share of major players in the Global Endoscopy Devices space globally?
• What are the key, high growth markets that Global Endoscopy Devices manufacturers should expand into? Which market segments are growing the fastest?
• What are the unmet needs with the Global Endoscopy Devices Market currently on the market? How will emerging technologies fulfil these unmet needs?
• What is physician perception and market outlook of Global Endoscopy Devices?
• What are the challenges and barriers that have hindered widespread adoption of Global Endoscopy Devices?
Global Endoscopy Devices Market: Key Players
Owing to the speedy progress of the market in the use of endoscopes, medical device firms that are able to launch new innovative devices will be rewarded with high gains. The major companies dominating the Endoscopy Devices market are Ethicon, Stryker Corporation, Karl Storz GmbH, Boston Scientific Inc., Olympus Corporation, Covidien Plc, Smith and Nephew Inc., Fujifilm Holding Corporation.
Reasons to buy Global Endoscopy Devices Market Report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Medical Devices Segment:
Ablation Technologies Market: http://www.marketdataforecast.com/research-reports/healthcare/medical-devices-2/market-reports/global-ablation-technologies-market-2190/
Dialysis Equipment Market: http://www.marketdataforecast.com/market-reports/global-dialysis-equipment-market-1941/
Nuclear Medicine Diagnostics Market: http://www.marketdataforecast.com/market-reports/global-nuclear-medicine-diagnostics-market-123/
Ultrasound Devices Market: http://www.marketdataforecast.com/market-reports/global-ultrasound-devices-market-575/
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