Global Endoscopy Device Market-Key Players are Olympus Corporation, Boston Scientific Corporation, Conmed Corporation, Cook Medical Incorporated

According to a new research published by Polaris Market Research, the Endoscopy devices market is anticipated to reach over USD 69,578.8 million by 2026. In terms of revenue, the visualization systems segment dominated the global market. Geographically, North America is expected to be the leading contributor to the global market revenue in 2017 owing to increased demand for minimally invasive surgical process in this region.

Request For Sample Of This Research Report @ https://bit.ly/2wWiLeg

The rising prevalence of gastrointestinal disorders, cancer, and other chronic illness due to the rapidly increasing ageing population, diabetes, obesity and major lifestyle changes is the major factor driving the market growth. In addition, minimal invasiveness, lesser post-surgical complications, reduced hospital stay, faster recovery time and minimal scarring, which in turn lowers treatment costs, makes it one of the most sought-after procedures. Also, the increasing awareness about endoscopy techniques and its benefits among patients and medical personnel, various technological advancements in endoscopy and diverse applications in the diagnosis and treatment of various diseases and the availability of reimbursement for procedures done using endoscopy devices further give an impetus to the market growth. Emerging market in developing countries and technological advancements provide several opportunities for market growth in the near future.

To know the latest trends and insights prevalent in this market, click the link below@ https://www.polarismarketresearch.com/industry-analysis/endoscopy-devices-market/

North America generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The increasing patient pool and favorable reimbursement policies drive the market growth in the region. The growing awareness among patients and medical professions coupled with the availability of the latest technological advancements further support market growth in the region. Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to increasing expenditure of GDP on healthcare, improving medical facilities and rapidly increasing patient pool in emerging countries such as China, Japan, and India.

Request Discount on this Report before Buying @ https://www.polarismarketresearch.com/industry-analysis/endoscopy-devices-market/inquire-before-buying


The applications of endoscopy devices include arthroscopy, bronchoscopy, cardio-pulmonary endoscopy, laparoscopy, ENT endoscopy, gastro-intestinal endoscopy, urology endoscopy, gynecology endoscopy, neurology endoscopy and others. In 2017, the gastrointestinal endoscopy segment accounted for the highest market share owing to increasing prevalence of gastrointestinal disorder across all age groups. The improving medical facilitates and reimbursement policies and increasing demand due to rising number of patients, especially in developing countries, supports the market growth in this sector.

The well-known companies profiled in the report include Olympus Corporation, Boston Scientific Corporation, Conmed Corporation, Cook Medical Incorporated, Covidien PLC, Fujifilm Holding Corporation, Ethicon (Johnson & Johnson), Karl Storz GmbH, Stryker Corporation, Hoya Corporation (Pentax Medical System) and Smith and Nephew, Incorporated among others. These companies have adopted collaboration and joint venture with other market leaders, and new product launches to meet the increasing needs and requirements of consumers.

About us Polaris Market Research

Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.

We mainly focus on aiding our customers with substantial competitive intelligence, helping them to secure a competitive advantage in the market and accomplish sustainable growth in different market domains. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Through dedicated qualitative and quantitative primary and secondary market research and consulting assignments, we adeptly formulate competitive strategies to address business challenges for our clients through analyzing market trends and emerging technologies.

Contact us-
Mr. Neel
Polaris Market Research
30 Wall Street
8th Floor
New York City, NY 10005
United States
Email- sales@polarismarketresearch.com
Follow us- LinkedIn | Twitter | Facebook

This release was published on openPR.