Endoscopy Devices Market Forecast $ 41,813.42 mn in 2021 with major players, CONMED Corporation, Karl Storz Endoscopy, Fujifilm Holding Corporation

Some of the major companies working in endoscopy devices market comprise Olympus Corporation, CONMED Corporation, Karl Storz Endoscopy, Fujifilm Holding Corporation, Pentax Medical Corporation, Boston Scientific Corporation, Stryker Corporation, Cook Medical, Inc., Smith & Nephew plc L., and Covidien PLC among others. These players are set to place the endoscopy devices market at new heights in the years to come.

Analysts at Zion Market Research claims that Global endoscopy devices market was capitalized at USD 29,591.27 Million in 2015, and is anticipated to create an income of USD 41,813.42 Million by 2021, increasing at a CAGR of 6.12% from 2016 to 2021.

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Elevation In Requirement For Ground-Breaking Techs To Boost The Global Endoscopy Devices Market

There were just two kinds of endoscopes in the industry such as rigid and flexible endoscopes. “With the elevation in the requirement for ground-breaking techs and newer editions of endoscopes are attaining limelight (comprising robot and capsule assisted endoscopes), which boost the global endoscopy devices market,” claim analysts at Zion Market Research. Various operative devices in the endoscopy comprise access devices, energy systems, operative hand instruments, suction/irrigation systems, and others. Visualization systems include SD (standard definition) systems, ultrasound devices, HD (high definition) systems, and others. With the augmentations in the number of minimally invasive surgeries, the requirement for endoscopy devices market is anticipated to elevate in the years to come. Three main classes of endoscopy devices comprised in the endoscopy surgery comprise operative devices, endoscope, and visualization systems.

Various R&D activities by government and academic bodies are also set to propel the endoscopy devices market growth. For instance, in May 2017, an endoscopic diagnostics company named Crospon declared that it has got US FDA (Food and Drug Administration) 510(k) approval for its Endoflip® System. This was a major milestone in the endoscopy devices market.

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Superior Financed And Well-Equipped Hospitals To Support The Endoscopy Devices Market In North America

The number of yearly GI (gastrointestinal) surgeries is continually increasing due to the rise in the general population. This, in turn, boosts the endoscopy devices market. In addition to this, the increasing occurrence of digestive disorders impacting all types of the population as well as the extending therapeutic abilities of the devices is set to bolster the endoscopy devices market. Some of the major GI disorders boosting the procedural volume in the endoscopy devices market are digestive cancer, gastro-esophageal reflux disorder (reflux or GERD), dyspepsia, gastroenteritis, and gallstones. The prevalence of these conditions is noteworthy and ever expanding, boosting the endoscopy devices market.

North America ruled the global endoscopy devices market owing to the presence of superior financed and well-equipped hospitals and healthcare institutions. In addition to this, the endoscopy devices market is well set in North America on the back of trained and well informed healthcare professionals.

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The global endoscopy devices market is segmented as follows:

By Products

Endoscope
Rigid Endoscope
Flexible Endoscope
Capsule Endoscope
Robot Assisted Endoscope
Operative Devices
Energy Systems
Suction/Irrigation Systems
Access Devices
Operative Hand Instruments
Others (Insufflation Devices, Wound Protectors, Snares)
Visualization Systems
Ultrasound Devices
Standard Definition (SD) Visualization Systems
High Definition (HD) Visualization Systems
By Application

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Gastrointestinal Surgeries
Urology/Gynecology Surgeries
ENT Surgeries
Cardiovascular Surgeries
Neuro/Spinal Surgeries
Laparoscopy Surgeries
Arthroscopy Surgeries
Others
By Region

North America
The U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa

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