Endoscopy Equipment Market Stupendous challenges in 2025
The growing investments and grants by governments worldwide for improving healthcare facilities and research and development in the field of medical devices are providing a fillip to the global market for endoscopy equipment. In addition to this, the presence of favorable reimbursement policies in several countries across the world is stoking the growth of the overall market. The global endoscopy equipment market is likely to take a transformational leap forward with rapid technological advancements. Improvements in technology have paved way miniaturized and disposable endoscopes. Moreover, improving healthcare infrastructure in emerging countries and growing number of free-trade agreements are likely to offer tremendous growth opportunities for the market.
Request Sample Copy of the Report @
Endoscopy devices are used in hospitals and clinics. The increasing number of hospitals along with the rising investments by hospitals in endoscopy units is stoking the growth of the market. Furthermore, the increasing collaborations and partnerships between hospitals and endoscopy equipment manufacturers are working in favor of the global market. Besides hospitals and clinics, these devices are being increasingly used across diagnostic laboratories and academic and research centers. The rising prevalence of diseases requiring endoscopy procedures has an inevitable positive impact on the growth of the global endoscopy equipment market.
Players in the global market are focusing towards strategies such as mergers, acquisitions, and partnerships in order to consolidate their presence. These strategies also help companies in expanding their product portfolio and enhancing their technical expertise, which in turn helps in enhancing their visibility in the market.
Global Endoscopy Equipment Market: Overview
Endoscopy refers to the insertion of a long, thin tube into the body in order to observe tissues and other internal organs. Minor surgery and imagery are other functions carried out by endoscopy. Some of the most common endoscopy equipment are tubes, endoscopy display systems, endoscopy camera, endoscopy videoscope, lens system, eyepiece, and endoscopy irrigation pumps (used in urology).
Because of its unique ability to target inaccessible areas within the human body, endoscopy is gradually becoming the primary method used in the detection of acute and chronic gastrointestinal disorders. One of the major trends observed in this market is the rising prominence of capsule endoscopy, wherein a pill-sized endoscopy device that captures images as it passes is consumed by the patient.
Request TOC of the Report @
The report analyzes the key market trends, opportunities, growth drivers, and challenges faced by the global endoscopy equipment market. The key market players are studied in terms of their product portfolios, business strategies, market shares, and recent developments. Key aspects such as value chain analysis, technological advancements in the field of endoscopy equipment, market segmentation, and market size have been discussed along with authentic statistical findings.
Global Endoscopy Equipment Market: Drivers and Restraints
The high quality visualization offered by endoscopy devices enables physicians to detect, diagnose, and treat diseases accurately and efficiently. This is one of the key factors driving the growth of the global endoscopy equipment market. Increasing application areas such as gynecology and urology will boost the market for endoscopy equipment across the world. The emergence of single-incision surgery and robot-assisted surgery will also benefit growth. Recently, minimally-invasive surgeries have been widely accepted due to their advantages such as quicker recovery, shorter hospital stays, low blood loss, reduced trauma, and superior patient outcomes, contributing to the expansion of the market.
Based on product type, visualization systems and endoscopes have been identified as key segments. Endoscopes can be further segmented into rigid, flexible, and capsules. On the basis of application, the global market for endoscopy equipment can include segments such as gastrointestinal endoscopy, hysteroscopy (endoscopy of uterus), colonoscopy, bronchoscopy, laparoscopy, otolaryngology, falloposcopy (endoscopy of fallopian tubes), and arthroscopy. Of these, the gastroscopy segment accounts for a considerable share in the market. Over the forecast period, the laparoscopy segment is also slated to gain prominence, fuelling the market for the endoscopy equipment.
On the contrary, factors such as high costs of endoscopy procedures, strict regulatory policies, and lack of skilled personnel might emerge as the key challenges faced by the global endoscopy equipment market.
Global Endoscopy Equipment Market: Regional Outlook
North America is a prominent regional segment, followed by Europe and Asia Pacific. The U.S. holds a large chunk of the overall market for endoscopy equipment on account of high incidence of colorectal diseases, gastrointestinal disorders, and growing geriatric population. France, Germany, and the U.K. are the key countries responsible for the significant growth of the Europe market.
Read Comprehensive Overview of Report @
Asia Pacific will grow at a substantial rate over the next few years, owing to the increasing awareness about minimally-invasive surgeries, popularity of medical tourism, growing healthcare expenditures, and emergence of numerous new endoscopic training centers. China, India, and Taiwan, in particular, will witness high level of expansion. Apart from these regions, the markets of Latin America, North Africa, and the Middle East are likely to display high demand for endoscopy equipment during 2017-2025.
Major Companies Mentioned in the Report
The leading companies operating in the global market for endoscopy equipment include Stryker Corporation, Medtronic plc, Boston Scientific Corporation, Olympus Corporation, CONMED Corporation, Ethicon, Fujifilm Holdings Corporation, and Richard Wolf GmbH. Several leading companies have been focusing on R&D activities in order to come up with newer, competitive range of products.
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
3739 Balboa St # 1097,
San Francisco, CA 94121
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Endoscopy Equipment Market Stupendous challenges in 2025 here
News-ID: 1041405 • Views: 333
More Releases from TMR Research
Fusion Biopsy Market Assessment On Competition 2030 | UC-Care Medical Systems Lt …
Fusion Biopsy Market: Overview The fusion biopsy market is anticipated to observe steady growth during the forecast period of 2020-2030. The rising awareness about regular clinical checkups and the availability of good reimbursement policies among numerous regions around the world will invite promising growth for the fusion biopsy market. Get Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=7631 The rising focus of the government bodies of numerous countries on upgrading the healthcare infrastructure will
Neurovascular Catheters Market Latest Report On Challenges 2030 | Spiegelberg Gm …
Neurovascular Catheters Market: How Demand in Target Populations Shaped Evolution Contours? Endovascular processes particularly neuroendovascular interventions are becoming increasingly common in the treatment of cardiovascular disease and wide range of intracranial vascular lesions. Advancements in the catheter guide technology have helped advance endovascular treatment, and have driven the growth of the neurovascular catheters market. The technology has been successful used for the treatment of intracranial vascular lesions. Get Sample Copy of the
Colonoscopy Devices Market Future Adoption Overview 2030 | Ambu AS
Colonoscopy Devices Market: Overview The colonoscopy devices market is growing on the back of increasing emphasis to develop technologically advanced products and a growing number of production of colonoscopy devices. Further, the presence of a technologically developed healthcare system and growing cases of rectal diseases are also propelling demand opportunities in the market. Get Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=7634 Government from different countries across the globe are taking initiatives to increase
Flow Diverters Market Revolutionary Opportunities 2030 | Acandis, Medtronic
Flow Diverters Market: Overview There is a rapid increase in the cases of brain aneurysms in different countries across the globe. The risk factors associated with these brain aneurysms are driving growth in the flow diverters market. Further, there is an increased inclination toward minimally invasive procedures in the medical industry, and it further fuels growth in the flow diverters market. Get Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=7635 The rising awareness among
More Releases for Endoscopy
Endoscopy Equipment Market To Register Substantial Expansion
The global endoscopy equipment market is estimated to witness notable growth in the coming years as Transparency Market Research reports. This is due to the increasing number of gastrointestinal diseases as well as cancer. The competitive landscape of the global endoscopy equipment market is seen to be fragmented due to the presence of a large number of players. Major players are putting more focus on the development of new products
Endoscopy Devices Market Outlook To 2024
Endoscopy Devices Market Outlook To 2024: In-Depth Market View, Key Product Categories (Endoscopes, Visualization Systems, Other Endoscopy Instruments, Accessories), Applications (GI, Laparoscopy, Ob/Gy Endoscopy, Arthroscopy, Urology, Otoscopy, Bronchoscopy, Mediastinoscopy, Laryngoscopy), End Use, Regional Segmentation, Top Players & Company Share, Competitive Dynamics, Growth Drivers & Restraints, M&A Insights, Segment Forecast And Key Conclusion The global endoscopy devices market was valued at $27.9bn in 2016 and is forecast to grow at a modest
Automated Endoscopy Reprocessor Market - Regional Growth
Increasing number of gastrointestinal (GI) diseases demanding endoscopic procedures are expected to drive the automated endoscope reprocessor market growth. According to a National Institute of Health data 2014, around 20 million GI endoscopic procedures are performed annually in the U.S. Endoscopy professionals are at risk of chemicals, body fluids contamination of patients, muscle skeleton injuries, and exposure of radiation. According to International Journal of Surgery report published in 2014, the
Endoscopy Device Market 2018 Leading Manufacturer | Cogentix Medical, Integrate …
The Global Endoscopy Device Market is expected to grow at a CAGR of 6.3% during the forecast period 2017-2023. 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,
Endoscopy Device Market 2023 Key Players : Cogentix Medical, Integrate Endoscopy …
The report for Global Endoscopy Device Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The global Endoscopy Device Market is expected to grow at a CAGR of 6.3% during the forecast period 2017-2023.An endoscopy is a procedure that allows
Endoscopy Equipments Market Future Innovations in-depth
HTF MI comprehensive and detailed 116-page research study on Asia-Pacific Endoscopy Equipments provides a significantly expanded scope with deeply analyzed conclusions and content that includes an industry relevant database of major existing Endoscopy Equipments manufacturers/players in each region, analysis of 11 leading national markets, important regions [China, Japan, South Korea, Taiwan, India, Southeast Asia & Australia], a description of major geopolitical trends, analysis of the influencing factors and regulatory policies