Endoscopy Equipment Market By Type (Endoscopes, Operative Devices, Visualization Systems), By Application(Gastroenterology, Respiratory Tract, Orthopedics, Gynecology, Urology, Pulmonology)- Global outlook Analysis and Industry Forecast, 2018-2023

Global Endoscopy Equipment Market was valued at USD 26.8 Billion in the year 2017. Global Endoscopy Equipment Market is further estimated to grow at a CAGR of 6.10% from 2018 to 2023. North America region holds the highest market share in 2017. The U.S. is the major market in 2017 at country level and it is further anticipated to grow at a steady pace in the next 5 years.

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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.

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Drivers

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

Restraints

• The absence of trained labour
• 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)

(A brief overview of another 13 companies is also provided)

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This release was published on openPR.