Endoscopy Equipment Market Size and Growth Rate:

“The Global Endoscopy Equipment Market was valued around US$ 27.8 Mn by 2018 and growing at a CAGR of 6.9% over next seven years 2019-2025 due to increasing awareness of endoscopic technologies”

Endoscopy Equipment Market Growth Drivers and Restraints:

Growing demand for endoscopy due to increasing chronic diseases, surge in awareness of endoscopic technologies, substantial rise in the occurrence of age-related diseases, increasing hospital investments in endoscopy facilities and technological enhancements leading to improved applications are some the key factors fostering the market growth. However, factors such as infections caused by few endoscopes, high cost of endoscopy procedures and lack of skilled technicians are inhibiting the market growth. In addition, increasing healthcare market in emerging economies provides huge growth opportunity for the market.

Global endoscopy equipment market segmented on the basis of product, application, accessories, end user and region.

Browse More Details of the report @ https://www.precisionbusinessinsights.com/market-reports/endoscopy-equipment-market/

Visualization Systems dominate the Endoscopy Equipment Market:

Based on accessories, global endoscopy equipment market is visualization systems, biopsy forceps, tissues staplers, tissue cutters and scissors, trocar sleeves, suturing systems, burs, inflow and outflow, tube sets and ligation devices. Visualization Systems held considerable market growth during estimated period. Endoscopy is a visualization method that uses a flexible or rigid insertion tube. Its modernization has improved the way of distinguishing infections and performing surgeries, with less intrusive policies that are picking up attention over the globe. Newer endoscopes use image capturing systems that are miniature video cameras associated directly with the lens at the distal tip. A wide variety of lens options are available and can provide various views ranging from near focus, far focus, and wide angle, to 3-D images captured using stereoscopic lenses. Images are captured on a variety of digital media for documentation and later review. These images can be both video formats and captured still-frames.

North America Leads the Endoscopy Equipment Market:

PBI’s global endoscopy equipment market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis. North America accounted for larger revenue share in global endoscopy equipment market with considerable CAGR. The growth in this region is due to increasing investments by hospitals to purchase new endoscopic equipment, rise in preference for minimally invasive surgeries and growing population together with increasing number of treatments. Further, Asia Pacific held considerable market share during estimated period owing to enhanced healthcare infrastructure and increasing demand for improved diagnostic therapies.

 
Strategic New Product Launches are the Key Strategies Adopted by Market Players

Global endoscopy equipment market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For Instance, in 2019, Olympus launched small intestine endoscopy system “PowerSpiral” in Europe and parts of Asia, including Hong Kong and India.

Key player’s profiles in the report are Boston Scientific Corporation (U.S.), Olympus Corporation (Japan), Smith & Nephew plc (UK), Ethicon, Inc. (U.S.), Fujifilm Holdings Corporation (Japan), Richard Wolf GmbH (Germany), Stryker Corporation (U.S.), Cook Medical Incorporated (U.S.), Pentax Medical Corporation (Japan) and Medtronic plc. (U.S.).

Avail Sample of the report @ https://www.precisionbusinessinsights.com/request-sample?product_id=19036

Detailed Segmentation of Endoscopy Equipment Market:

By Product
o Rigid Endoscopes
o Capsule Endoscopes
o Flexible Endoscopes

By Application
o Bronchoscopy
o Arthroscopy
o Cystoscopy
o Ureteroscopy
o Colonoscopy
o Mediastinoscopy
o Hysteroscopy
o Enteroscopy
o Laryngoscopy
o Upper Gastrointestinal endoscopy
o Laparoscopy

By Accessories
o Visualization Systems
o Biopsy Forceps
o Tissues Staplers
o Tissue Cutters and Scissors
o Trocar Sleeves
o Suturing Systems
o Burs
o Inflow and Outflow Tube sets
o Ligation Devices

By End User
o Hospitals
o Ambulatory Surgical Centres

About Us:

Precision Business Insights is one of the leading market research and management consulting firm, run by a group of seasoned and highly dynamic market research professionals with a strong zeal to offer high-quality insights.

Contact Us:

Shreya Paul
Senior Business Development Executive
Email @ [email protected]
Call @ +1-866-598-1553
Precision Business Insights