Press release
Endoscopy Devices Market will grow at a CAGR of 7.5% and Reach 45,612.3 Mn in 2025 : STRYKER, Medtronic, KARL STORZ SE & Co. KG, Ethicon US, LLC., Richard Wolf GmbH, Boston Scientific Corporation, Smith & Nephew
Endoscopy Devices Market to 2025
According to a new market research study titled ‘Endoscopy Devices Market - Global Analysis and Forecasts By Product, Application and End User. The global endoscopy devices market is expected to reach US$ 45,612.3 Mn in 2025 from US$ 26,333.3 Mn in 2017. The market is estimated to grow with a CAGR of 7.5% from 2018-2025. The report highlights the trends prevalent in the global endoscopy devices market and the factors driving the market along with those that act as deterrents to its growth.
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Endoscopy is a minimally invasive surgical procedure, used to visualize as well as operate on internal organs in the human body. This procedure is performed with the help of a small flexible tube known as an endoscope. This tube is attached with a camera, enabling clear view of the organ to be diagnosed. Key factors driving the market are rise in the number of diseases requiring endoscopy, favorable government initiatives as well as technological advancements in endoscopy devices.
Global endoscopy devices market, based on the product class is segmented into endoscopes, visualization systems, other endoscopy equipment, and accessories. The endoscopes segment has been further divided as rigid endoscopes, flexible endoscopes as well as capsule endoscope. In 2017, the endoscopes segment held the largest share in the market, by product. Moreover, the segment is also anticipated to grow at a significant rate during the forecast period.
Some of the prominent players operating in endoscopy devices market are Olympus Corporation, STRYKER, Medtronic, KARL STORZ SE & Co. KG, Ethicon US, LLC., Richard Wolf GmbH, Boston Scientific Corporation, Smith & Nephew, Cook, and FUJIFILM Holdings Corporation. Various players in the market have obtained approvals for their products launches. These approvals have helped the patients as well as the healthcare professionals to get better services.
Endoscopy Devices Market – Industry Updates
Cook received FDA approval for Cellvizio Confocal Laser Endomicroscopy (CLE) System and the Confocal Miniprobes in March, 2018.
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The report segments the global endoscopy devices market as follows:
Global Endoscopy Devices Market – By Product
Endoscopes
• Rigid Endoscope
• Flexible Endoscope
• Capsule Endoscope
Visualization Systems
• Wireless Displays and Monitors
• Light Sources
• Video Processors
• Endoscopic Cameras
• Video Recorders
• Video Converters
• Carts
• Transmitters & Receivers
• Camera Heads
Other Endoscopy Equipment
• Electronic Instruments
• Insufflators
• Endoscopy Fluid Management Systems
• Endoscopy Ultrasound
• Other Electronic Devices
• Mechanical Instruments
• Biopsy Forceps
• Graspers
• Snares
• Torcars and Cannuals
Other Mechanical Instruments
• Accessories
• Cleaning Brushes
• Overtubes
• Surgical Dissectors
• Light Cables
• Fluid Flushing Devices
• Needle Holders/needle forceps
• Mouth Pieces
• Biospy Valves
Global Endoscopy Devices Market – By Application
• Laparoscopy
• Gastrointestinal Endoscopy
• Arthroscopy
• Obstetrics/Gynecology
• Urology Endoscopy
• Bronchoscopy
• Other Applications
Global Endoscopy Devices Market – By End User
• Hospitals
• Ambulatory Surgical Centers
• Other End Users
Global Endoscopy Devices Market – By Geography
North America
• U.S.
• Canada
• Mexico
Europe
• U.K.
• Germany
• France
Asia Pacific (APAC)
• Japan
• China
• India
Middle East & Africa (MEA)
• South Africa
• UAE
• Saudi Arabia
South & Central America (SCAM)
• Brazil
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