- Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025
Progressive Markets published a report, Endoscopy Devices Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025. As per the report, the market is expected to reach $ 44,891 million by 2025 with CAGR of 5.60% from 2018 to 2025.
An endoscope is a lighted medical instrument that helps see through and operate on the internal organs of the human body such as the brain, esophagus, lungs, abdomen, gastrointestinal tract, and others. Endoscopy is performed to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal formations in the colon and other abdominal & gastrointestinal conditions. Endoscopy is highly preferred in diagnostics and surgery as it is a minimally invasive procedure with fewer post-operation complications.
Market Drivers and Restraints:
The endoscopy devices market report studies the market drivers and restraints that influence the growth of the industry. The growing occurrences of cancer, gastrointestinal diseases, and other types of chronic diseases due to the rise in geriatric population, obesity, and changes in lifestyle are driving the growth of the industry. Moreover, a rise in preference for minimally invasive surgeries, technological advancement in visualization, diagnosis, & surgical endoscopic treatment, favorable FDA approvals and reimbursement policies in developed countries, and increase in awareness of endoscopic technologies & its benefits among patients & medical professionals cause the market to grow. On the other hand, lack of trained physicians and endoscopists, the occurrence of infections due to few endoscopes, and high costs associated with endoscopy devices are likely to impede the growth of the industry.
The report assesses the endoscopy devices market based on its segmentation. The market is divided based on product, end user, application, and geography. Based on product, the market is divided into endoscopes, visualization and documentation systems, mechanical endoscopy equipment, accessories, and other endoscopy equipment. By end user, the market is classified as hospitals, clinics, and others. Based on application, the market is divided into bronchoscopy, arthroscopy, laparoscopy, urology endoscopy, neuro-endoscopy, gastrointestinal endoscopy, obstetrics/gynecology endoscopy, ENT endoscopy, and others. Geographically, the market analysis is covered across North America, Europe, Asia-Pacific, and LAMEA. In North America, the market study covers the U.S., Canada, and Mexico. In Europe, the market analysis is covered for Germany, France, UK, and the rest of Europe. The market study in the Asia-Pacific region covers Japan, China, Australia, India, and the rest of Asia-Pacific. The endoscopy devices market analysis in the LAMEA region covers Brazil, Saudi Arabia, Republic of South Africa, and others.
Key Industry Players:
The report covers details about the emerging players operating in the endoscopy devices industry. They adopt several strategies such as mergers and acquisitions, partnerships, and more to sustain and grow in the marketplace. Some of the key players include CONMED Corporation, Boston Scientific Corporation, Stryker Corporation, Fujifilm, Holdings Corporation, Olympus Corporation, HOYA Corporation, Medtronic Plc, KARL STORZ GmbH & Co. KG, and Johnson & Johnson.
Key Benefits from the Report:
The endoscopy devices market report covers an extensive analysis of the industry on a global level. It encompasses the endoscopy devices market size, endoscopy devices market share analysis, market dynamics, industry statistics, endoscopy devices market trends, Porters Five Forces Analysis (PFFA), market segmentation, company profiles, market scope and definitions, market forecast, and company profiles. The market size explains where the market stands and where it is leading. The study provides an analysis of the historic market size from 2014 to 2017 along with a market forecast from 2018 to 2025 for every segment and region. The market share analysis helps tell about the performance of the players in the market as compared to their competitors. The endoscopy devices industry statistics, charts, and graphs support the information provided in the report. The drivers and restraints of the industry along with their effects on the market help identify the potential areas of growth. The endoscopy devices market forecast helps assess the future potential of the market. To help understand the competitive landscape of the endoscopy devices industry, the report offers an analysis of the Porters Five Forces model. The model constitutes the bargaining power of buyers, bargaining power of suppliers, the threat of substitutes, the threat of new entrants, and industry rivalry. The prime players participating in the industry and information on their recent developments, marketing strategies, and more help determine the growth opportunities in the endoscopy devices industry.
Industry study encompasses the endoscopy devices market size, endoscopy devices market share analysis, Porters Five Forces Analysis (PFFA), company profiles, market scope.
Progressive Markets published a report, Isopropyl Ethyl Thionocarbamate (IPETC) Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2022, which says that the market was valued at around 97.7 million ... Read More >>