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The Endoscopy Equipment Industry is set to experience revolutionary growth in near future

04-18-2018 03:49 PM CET | Health & Medicine

Press release from: Genesis market insights

The Endoscopy Equipment Industry is set to experience

Global Endoscopy Equipment Market was valued at USD 26.8 billion in the year 2016. Global Endoscopy Equipment Market is further estimated to grow at a CAGR of 5.5% from 2016 to 2022. North America region holds the highest market share in 2016. U.S. is the major market in 2016 at country level and it is further anticipated to grow at a steady pace in the next 5 years.

Medtronic (Ireland), Boston Scientific (US), Richard Wolf GmbH (Germany), KARL STORZ (Germany) and B. Braun (Germany) are some of the key players in the Global Endoscopy equipment Market. Growth strategies adopted by most of the top manufacturers in recent years provides comprehensive market opportunities for various stakeholder.
Drivers

Rising healthcare industry
Development in technology for improved equipment for endoscopy
Increasing aging population

Restraints

Absence of trained labor
Costly endoscopy procedure

Opportunity

Growing adoption for non-surgical procedure
Disposable endoscopes

Challenges

Side-effects caused by equipment

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By product, among all other endoscopy equipment products the endoscopes segment hold the highest market share in 2016. On the other hand, endoscopy equipment Industry segment by end users type’s hospitals holds the largest market is expected to grow at the highest CAGR during year 2017-2022.

Key Benefits for Stakeholders
Endoscopy Equipment Manufacturers, Distributors and Retailers
Research and Consulting organization
Technology Standards Organizations, Forums, Alliances and Associations
End use industries
Regulatory bodies, policy actors and consumers.

By Application
Gastroenterology
Respiratory Tract
Orthopedics
Gynecology
Urology
Pulmonology
Otorhinolaryngology
GI Endoscopy
Laparoscopy

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Endoscopy Equipment Market segmentation by Product Type
Endoscopes
Operative Devices
Visualization Systems
Other Endoscopy Equipment

Endoscopy Equipment Market by End Use
Hospital
Diagnostic Centre
Specialized Clinic

By Region
North America
Europe
Asia-Pacific
LAMEA

Key Market Players
1. B. Braun Melsungen AG (Germany)
2. Medtronic PLC (U.S)
3. Ethicon, Inc. (Subsidiary of Johnson & Johnson) (U.S)
4. Boston Scientific Corporation (U.S)
5. Stryker Corporation (U.S)
6. Olympus Corporation (Japan)
7. Smith & Nephew plc (U.K)
8. Richard Wolf GmbH (Germany)
9. Fujifilm Holdings Corporation (Japan)
10. Pentax Medical (Hoya Corporation) (U.S)

Get Full Report with TOC@ https://genesismarketinsights.com/viewreport/96/28/Endoscopy-Equipment-Market

Detailed customization is also available for you. Further, if the report listed above does not meet with your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.

Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in house data validation tools, GMMR has delivered actionable, reliable and all-inclusive Market Research Reports.

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