Press release
Endoscopy Equipment Market: : Industry to Witness a Rise by year 2023
Endoscopy Equipment Market
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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 the various stakeholder.
Drivers
Rising healthcare industry
Development of technology for improved equipment for endoscopy
Increasing aging population
Restraints
The absence of trained labor
Costly endoscopy procedure
Opportunity
Growing adoption of the non-surgical procedure
Disposable endoscopes
Challenges
Side-effects caused by equipment
By product, among all other endoscopy equipment products, the endoscopes segment hold the highest market share in 2017. 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 the year 2018-2023.
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
Endoscopy Equipment Market 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
• B. Braun Melsungen AG (Germany)
• Medtronic PLC (U.S)
• Ethicon, Inc. (Subsidiary of Johnson & Johnson) (U.S)
• Boston Scientific Corporation (U.S)
• Stryker Corporation (U.S)
• Olympus Corporation (Japan)
• Smith & Nephew plc (U.K)
• Richard Wolf GmbH (Germany)
• Fujifilm Holdings Corporation (Japan)
• Pentax Medical (Hoya Corporation) (U.S)
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