North American Colonoscopy Devices Market Growth, Size, Share, Industry Report and Forecast 2019-2025


Posted April 24, 2020 by mansi3210

North American Colonoscopy Devices Market Size, Share & Trends Analysis Report by Type and by End-User and Forecast, 2019-2025
 
North American colonoscopy devices market is estimated to grow moderately at a CAGR of 5.5% during the forecast period. North America is estimated to have a significant share in the market owing to well-developed healthcare infrastructure, significant per capita health expenditure, and growing incidence of colorectal cancer across the region. The considerably large number of cases pertaining to colorectal cancer and other colon-related diseases is a contributor to the growth of the North American market. According to the American Cancer Society, colorectal cancer is diagnosed in more than 1.2 million people globally every year, with North America being the most dominant region. Moreover, the World Health Organization (WHO) has stated that the incidence of colorectal cancer is around 93,898 in men and 85,873 in women, and around 33,752 men and 30,369 women have mortality from colorectal cancer in 2018.

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Furthermore, rising geriatric population, the increasing advancement of colorectal cancer screening tests, and increasing awareness among the population regarding the prevalence of colorectal cancer are some of the factors that are contributing towards the growth of colonoscopy devices market in North America. Additionally, the market is anticipated to witness the growing adoption of colonoscopies due to its rising benefits such as efficiency and its ability to accelerate the diagnosis of colon cancer. Moreover, the increasing healthcare expenditure in the region by the government bodies, research institutions, and individuals is augmenting the growth of the market.

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North American Colonoscopy Devices Market Segmentation

By Type

• Conventional Colonoscopy
• Virtual Colonoscopy

By End-User

• Hospitals
• Clinics
• Others

Regional Analysis

• United States
• Canada

Company Profiles

• B. Braun Melsungen AG
• Boston Scientific Corp.
• Carestream Health, Inc.
• Clinical Genomics Technologies Pty Ltd.
• Conmed Corp.
• FUJIFILM Holdings Corp.
• Karl Storz GmbH & Co.
• Medtronic PLC
• Motus GI Holdings, Inc.
• Saneso Inc.

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Categories Business , Health , Medical
Tags health care , market forecast , market research , medical devices
Last Updated April 24, 2020