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Endoscopy Market 2019 Global Trend, Segmentation and Opportunities Forecast To 2024

01-17-2020 01:21 PM CET | Health & Medicine

Press release from: Global Market Insights Inc.

Endoscopy Market

Endoscopy Market

In 2017, laparoscopy segment amassed substantial gains in the overall endoscopy market with an estimated revenue generation of USD 3.2 billion and is projected to witness exponential growth owing to increasing prevalence of cancer and development of high precision laparoscopic instruments such as surgical mesh, surgical scopes, bowel gasper and needle driver. In addition, surging demand for non-invasive surgical procedures is estimated to escalate demand for laparoscopes, thereby propelling endoscopy market size over the forecast timespan.
Once considered a highly risky procedure, minimally invasive surgeries have now gained extreme popularity, fueling endoscopy market share. As this type of surgery delivers an excellent outcome by reducing injury to the tissues, the use of endoscopy has increased lately across the medical domain. Considering the escalating acceptance of this non-surgical procedure across myriad hospitals, endoscopy industry giants have been steadfastly working toward advancing existing endoscopic systems. The frequent launch of technologically advanced minimally invasive surgical instruments along with the development of numerous suturing procedures is certain to propel endoscopy market trends over the years ahead.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2655

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. B.Braun Melsungen AG
2. Boston Scientific
3. Conmed Corporation
4. Cook medical LLC
5. Ethicon US, LLC
6. Fujifilm Corporation
7. Hoya Corporation
8. Storz
9. Medtronic
10. Olympus Corporation

Speaking along the same line, this cooperation program will also emerge to be quite beneficial for the Thai medical facility, considering the expertise that Sano Hospital possesses with regards to endoscopy techniques. In addition, with the help Sano’s latest innovation, Samitivej Hospital also plans to encourage its Liver and Digestive Institute better serve the patients suffering from alcohol induced problems, colorectal cancers, fatty liver diseases, gallstones, and infections. The Samitivej-Sano agreement is an apt instance depicting the collaborative approach of numerous healthcare service providers and how they will serve to enhance the future prospects of endoscopy industry.

Arthroscopy is another application arena that has been gaining renewed prominence in the endoscopy market of late. The growing concern among the specialists about the disadvantages of a traditional approach to diagnosing femoroacetabular impingement, labral tears, and other issues related to hip joints has been encouraging them to innovate next-gen instruments. Recognizing the significance of educating research scholars about the effective treatment of hip impingements, many U.S.-based medical centers and universities have included hip arthroscopy in their syllabus. This approach of medical education centers will help them treat rapidly increasing number of cases of hip impingements effectively, owing to the ample availability of trained professionals. The use of endoscopy in arthroscopy applications leads to the minimization of post-operative pain and other associated comorbidities. The post-treatment benefits of arthroscopy treatment in terms of recovery and comfort are certain to fuel U.S. endoscopy industry size.

More Insightful Info: https://www.marketwatch.com/press-release/40-bn-by-2024global-endoscopy-market-size-set-for-massive-growth-2019-09-18

The approach of leading endoscopy market giants and well-known research institutes toward product development and innovations will prove to be one of the revenue generating aspects for this vertical. As the requirement of products for diagnosing various kinds of terminal diseases increases, the deployment of minimally invasive surgery equipment will also observe an upsurge, generating lucrative opportunities for the players in endoscopy industry. In addition, many hospitals specializing in endoscopy have been lately organizing training programs to educate doctors and nurses about newly invented technologies related to the field. With the rise in the popularity of minimally invasive surgeries and the increasing number of R&D programs, endoscopy market will register a CAGR of 6% over 2018-2024.

Related Reports @
Vaccines Market: https://www.marketwatch.com/press-release/global-vaccines-market-size-2019-outlook-opportunity-and-demand-analysis-report-by-2025-2019-09-12

Patient Handling Equipment Market: https://www.marketwatch.com/press-release/patient-handling-equipment-market-size-2019-outlook-opportunity-and-demand-analysis-report-by-2025-2019-09-12

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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