World “Endoscopy Device Market” 2018 Leading Key Players Cogentix Medical, Integrate Endoscopy, J&J services Inc, Shaili Endoscopy, Interscope Inc., Cantel Medical Developments and Forecasts To 2023
Endoscopy Devices Market is expected to grow at a CAGR of ~ 6.3% from 2017 to 2023
KEY PLAYERS FOR ENDOSCOPY DEVICES MARKET
Cogentix Medical, Integrate Endoscopy, J&J services Inc, Shaili Endoscopy, Interscope Inc., Cantel Medical, Micro-Tech Endoscopy, Cognetix, Stryker, OLYMPUS, KARL STORZ Gmbh & Co. KG, FUJIFILM, PENTAX MEDICAL, and RICHARD WOLF.
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REGIONAL ANALYSIS FOR ENDOSCOPY DEVICES MARKET
The Americas dominates the global endoscopy device market owing to the presence of strong economic condition, huge development in the healthcare domain, and focus of research institutions on updating technology for new and advanced diagnosis and treatment methods. Moreover, advanced hospitals infrastructures, and availability of skilled healthcare professional adding fuel to the growth of the market.
Europe holds the second position in the market on the basis of increasing emphasis on rapid diagnosis and treatment of cancer, and gastrointestinal diseases, changing lifestyle, increasing prevalence of cancer among geriatric population. As per Organization for Economic Co-operation and Development (OECD), Germany spent 11% of the total GDP on healthcare in 2013, which was 10.8% in 2012, which drives the growth of the market in this region.
SEGMENTATION FOR ENDOSCOPY DEVICES MARKET
The global endoscopy device market is segmented on the basis of types, therapy, treatments & procedures, application, accessory & processors, and end user.
On the basis of type, it is segmented into flexible endoscopes, rigid endoscopes, capsule endoscopes, surgical endoscopes, and robot-assisted endoscopes.
On the basis of therapy, it is segmented into colonoscopy, gastroscopy, arthroscopy, laparoscopy, sigmoidoscopy, endoscopic retrograde cholangiopancreotography, ureteroscopy, and cystoscopy
On the basis of applications, it is segmented into gastrointestinal endoscopy, arthroscopy, obstetrics/gynecology endoscopy, urology endoscopy, bronchoscopy, mediastinoscopy, and otoscopy
On the basis of accessory & processors, it is segmented into accessory and processors
On the basis of technology, it is segmented into video and fiber
On the basis of end user, it is segmented into critical care, gastroenterologists, general and pediatric surgeons, obstetricians-gynecologists (ob/gyns), and orthopedic surgeons.
MARKET SCENARIO FOR ENDOSCOPY DEVICES MARKET
An endoscopy is a procedure that allows physicians or surgeons to look interior parts of the organ. The technique is used for both diagnostic and therapeutic purpose. To perform endoscopy a specialized instrument is used named as endoscope. Various types of endoscopes and adoption of endoscope depends upon the affected body organ, for instance, bronchoscopes are used for lungs related problem, arthroscopes are preferred for problems associated with joints, and many others. Other instruments required during an endoscopic procedure includes biopsy forceps, cytology brush, flexible forceps, trocar sleeves, etc. For therapeutic purpose, the endoscopes are either attached or passed through surgical instruments to perform particular surgery. Endoscopic surgery is a type of minimally invasive surgery in which an endoscope is inserted in the body through small incisions to examine the internal organs.
Rising prevalence of chronic diseases, advancing endoscopy technology, and increasing funding and reimbursement towards screening and treatment with endoscopic techniques are promoting the growth of the global endoscopy devices market. Additionally, increasing popularity of minimally invasive surgery is also creating a huge scope for the growth of market.
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BRIEF TOC FOR ENDOSCOPY DEVICES MARKET
Chapter 1. REPORT PROLOGUE
Chapter 2. MARKET INTRODUCTION
2.2 Scope of the Study
2.2.1 Research Objective
2.3 Market Structure
Chapter 3. RESEARCH METHODOLOGY
3.1.1 Primary Research Methodology
3.1.2 Secondary Research Methodology
3.1.3 Market Share Analysis
3.1.4 Trade Analysis
3.1.5 Market Pricing Approach
Chapter 4. MARKET DYNAMICS
4.2.1 Rise in Prevalence Rate of Diseases Demanding Endoscopy (Impact Weightage – 35 %)
4.2.2 Development of the Medical Devices Contract Manufacturing Industry (Impact Weightage – 20%)
4.2.3 Technological Advancement in Endoscopy (Impact Weightage – 30%)
4.2.4 Growing Geriatric Population Will Boost the Growth of Endoscope Device Globally (Impact Weightage – 15%)
4.3.1 Infections and Complications Caused By Endoscopes Is Hampering the Market (Impact Weightage – 60%)
4.3.2 Lack of Skilled Physicians (Impact Weightage – 40%)
4.6 Macroeconomic Indicators
Chapter 5. MARKET FACTOR ANALYSIS
5.1 Porter’s Five Force Analysis
5.1.1 Threat from a New Entrant
5.1.2 Bargaining Power of Buyer
5.1.3 Bargaining Power of Supplier
5.1.4 Threat from Substitute
5.1.5 Intensity of Competitive Rivalry
5.2 Supply Chain Analysis
5.2.1 Raw Material
5.2.7 Changes in the Supply Chain Of Endoscope Devices Industry
5.3 Investment Opportunity Analysis
5.3.1 Market Size (Current and Future), Growth Rate and Profitability
5.3.2 Investment Risks
5.3.3 3Characteristics of Reimbursement Scenario in the US
5.3.4 US Diagnostic Imaging Reimbursement Structure
5.3.5 Reimbursement Challenges
5.3.6 Strategy from an OEM Perspective
5.3.7 Market Outlook
5.4 Reimbursement Scenario
5.4.1 3Characteristics of Reimbursement Scenario in the US
5.4.2 US Diagnostic Imaging Reimbursement Structure
5.4.3 Reimbursement Challenges
5.4.4 Strategy from an OEM Perspective
5.5 Technology Analysis of Market Vendors
5.5.1 Synergizing Two or More Imaging Technologies
5.5.3 Imaging Technology Advancements
5.5.4 Robotic Surgery, 3D Imaging and Disposable Endoscopes
5.5.5 Assisting Algorithms
5.5.7 Unmet Needs
5.6 Number of Procedures
5.7 Market Potential Analysis
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