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Global Endoscopy Market Key Information By Top Key Player Olympus Corporation, Fujifilm Corporation, Boston Scientific, Conmed Corporation, Cook Medical LLC, Ethicon US, LLC

07-26-2018 02:56 PM CET | Health & Medicine

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Endoscopy Market, Global Endoscopy Market Size, Endoscopy Industry, Endoscopy Market Trends, Endoscopy Market Share

Endoscopy Market, Global Endoscopy Market Size, Endoscopy Industry, Endoscopy Market Trends, Endoscopy Market Share

Endoscopy Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Brazil, Mexico, South Africa, Saudi Arabia and etc,), Application Development status, Competitive Market Share & Forecast, 2018 – 2024.

Increasing prevalence of gastrointestinal diseases such as Crohn?s diseases, peptic ulcers, viral hepatitis has positively influenced growth of endoscopy industry. Development of innovative endoscopy devices by integrating advanced technology will escalate adoption rate over other conventional devices. Endoscopy Market will exceed USD 40 billion by 2024; as per a new research report.

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The newly developed endoscope allows visualization of inner most lining of the gastrointestinal tract. Integration of such new technology in the endoscopy devices has reduced the mortality rate in the people suffering from chronic diseases especially cancer. However, lack of skilled endoscopists and physicians for carrying out endoscopic procedures will hinder industry growth during the forecast period.

Endoscopes segment dominated the overall market in 2017 and is expected to witness more than 6.5% growth over the forecast timeline. Increasing geriatric population susceptible to suffer from various diseases is major growth driving factor endoscopes segment growth. Furthermore, technological advancements in endoscopy devices enabling accurate diagnosis and enhanced endoscopic surgical performance will favor business growth. Modifications in endoscopes that allow detailed examinations of tumors will propel segment growth over the coming years.

U.S. endoscopy market held over 40% of global business share in 2017. Increasing number of obstetrics and gynecology surgeries along with technological advancements in endoscopes will drive the industry growth. More than 500,000 women undergo hysterectomy every year in the United States. Greater adoption of newer technologies will fuel business expansion over the forecast years.

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Germany endoscopy market will exceed USD 2.6 billion by 2024 due to development of new endoscopy devices leading to increased adoption rate of these devices. Modifications and development in devices, increasing geriatric population and rising incidences of chronic conditions will drive Germany endoscopy market.

Major industry players operating in endoscopy market are B.Braun, Boston Scientific, Conmed Corporation, Cook Medical LLC, Ethicon US, LLC, Fujifilm Corporation, Hoya Corporation, Storz, Medtronic, Olympus Corporation, Richard Wolf GmbH, Smith & Nephew PLC and Stryker. The competitors are launching new endoscopy devices to consolidate their market position.

Acquisitions and mergers one of the major strategies adopted by industry leaders will create lucrative growth opportunities for companies operating in endoscopy industry. For instance, in April 2015, Boston Scientific Corporation signed an agreement for acquiring Xlumena, Inc., engaged in developing minimally invasive devices for Endoscopic Ultrasound (EUS). The strategy aimed at expanding endoscopy product portfolio of the company.

Selected Chapters and their sections from the report are listed below:

Chapter 1. Methodology
1.1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary

Chapter 2. Executive Summary
2.1. Endoscopy industry 360 degree synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
2.1.4. Regional trends

Chapter 3. Endoscopy Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Growing geriatric population globally
3.3.1.2. Innovative endoscopy devices for endoscopy in Europe and North America
3.3.1.3. Rising incidences of gastrointestinal disorders, cancer and other chronic conditions in Asia Pacific
3.3.1.4. Increasing demand for minimally invasive procedures
3.3.2. Industry pitfalls & challenges
3.3.2.1. Dearth of skilled physicians and endoscopists in developing countries
3.4. Growth potential analysis
3.4.1. By product
3.4.2. By application
3.5. Regulatory landscape
3.6. Porter's analysis
3.7. Competitive landscape, 2016
3.7.1. Strategy dashboard
3.8. PESTEL analysis

Chapter 4. Endoscopy Market, By Product
4.1. Endoscopy market share, by product, 2017 & 2024
4.2. Endoscopes
4.2.1. Market estimates and forecast, by region, 2013 - 2024

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