Endoscopy Devices Market Outlook To 2024
The global endoscopy devices market was valued at $27.9bn in 2016 and is forecast to grow at a modest 5.6% CAGR between 2017 and 2024, culminating in 2024 global sales of $42.8bn.
The endoscopy devices market is anticipated to grow due to the factors such as rise in the healthcare expenditure, improvement in reimbursement coverage, technological advancements, rising prevalence of chronic diseases and rapid increase in the geriatric population across the globe. Moreover, high unmet needs across the developing and emerging nations is also expected to boost the endoscopy devices market over the next few years.
The U.S. spends nearly 3.2 trillion or 17% of GDP toward healthcare expenditure which is the highest across the globe. As per the data published by Administration of Aging (AoA), in the U.S., there were 46.2 million people aged above 65, and the number of people in this category is growing rapidly. Aging factors significantly contribute to the onset of several diseases or conditions which require surgical intervention. For instance, the average age for stomach cancer diagnosis is 69 and about every 6 in 10 patients diagnosed are aged above 65.
Moreover, as per the Agency for Healthcare Research and Quality (AHRQ) data, upper gastrointestinal endoscopy procedure was one of the most common procedure with every 39 people for 10,000 population in the U.S. Hospitals. The endoscopic procedures are widely used for the detection of stomach cancer. The American Cancer Society estimates that nearly 28,000 stomach cancer cases will be diagnosed in 2017, with 17,750 cases in men and 10,250 cases in women. In the UK, as per the 2014 Cancer Research estimates, each year nearly 6,682 new cases are detected, and the average survival rate is 15%.
Click the link below to view the report description:
Key findings from the study: -
o The global endoscopy devices market was valued at $27.9bn in 2016 and is forecast to grow at a modest 5.6% CAGR between 2017 and 2024, culminating in 2024 global sales of $42.8bn.
o The U.S. spends nearly 3.2 trillion or 17% of GDP toward healthcare expenditure which is the highest across the globe.
o Moreover, as per the Agency for Healthcare Research and Quality (AHRQ) data, upper gastrointestinal endoscopy procedure was one of the most common procedure with every 39 people for 10,000 population in the U.S. Hospitals.
o Major players in the market include Ethicon, Inc, Fujifilm Holdings Corporation, Karl Storz GmbH & Co.Kg, Stryker Corporation, Olympus Corporation, Boston Scientific Corporation, Richard Wolf GmbH, Pentax Medical (Hoya Corporation), Medtronic PLC, and Cook Medical.
Ameri Research has segmented the Endoscopy Devices Market by material categories, product type, end-use and region:
Endoscopy Devices Market by Product (Revenue, USD Million, 20124- 2024)
o Rigid Endoscopes
o Urology Endoscopes
o Gynecology Endoscopes
o Other Rigid Endoscopes
o Flexible Endoscopes
o Upper Gastrointestinal Endoscopes
o Other Flexible Endoscopes
o Capsule Endoscopes
o Visualization Systems
o Other Endoscopy Instruments
Endoscopy Devices Market by Application (Revenue, USD Million, 2014 - 2024)
o Obstetrics/Gynecology Endoscopy
o Urology Endoscopy
o Other Applications
Endoscopy Devices Market by End-Use (Revenue, USD Million, 20124- 2024)
o Ambulatory Surgical Centers/Clinics
o Other End Users
Endoscopy Devices Systems Regional Outlook (Revenue, USD Million, 20124- 2024)
o North America
o Asia Pacific
o Latin America
o Middle East and Africa
o Saudi Arabia
o South Africa
Ameri Research Inc.
Ameri Research Inc. (www.ameriresearch.com) is a U.S. based market research and consulting company, registered in the State of Florida and headquartered in Tampa Bay Area. At Ameri Research we are passionately curious about people, markets, brands and society. Our ability to gauge market movements, deep expertise in data science, strong domain expertise and years of collective global experiences helps us to bring unmatched quality in deliverables to our clients. With carefully planned systems and processes in place, we cater to the requirements of our clients in a timely and cost-efficient manner, bringing increased predictability to their business. Each year we are publishing more than 100 syndicated reports in healthcare, chemicals, materials, food & beverages, defense & aerospace, media & entertainment, sports & fitness, and energy. We offer our clients a unique depth of knowledge and expertise around-
Market Entry Strategy
Developing a culture of collaboration and curiosity, we attract the highest caliber of likeminded people having ability to influence and shape the future.
Follow us on LinkedIn for our latest upcoming reports www.linkedin.com/company/ameri-research-inc./
Follow us on Facebook for our latest upcoming reports www.facebook.com/AmeriResearchInc/
Follow us on Twitter for our latest upcoming reports www.twitter.com/AmeriResearch
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Endoscopy Devices Market Outlook To 2024 here
News-ID: 1988720 • Views: 699
More Releases from Ameri Research Inc.
Global Stem Cell Market Outlook To 2026
Global Stem Cell Market Outlook To 2026: Key Product Categories (Adult, HESC, Induced Pluripotent), Application (Regenerative Medicine, Drug Discovery & Development), Therapy (Autologous, Allogenic), Regional Segmentation, Pricing Analysis, Pipeline Analysis, Competitive Dynamics, M&A Insights, Segment Forecast, And Conclusion The Stem Cell Market was valued at $9.10Billion in 2018 and is forecast to grow at a modest9.8 % CAGR between2018 and 2025, culminating in 2026 global sales of $17.20Billion. Increase in the
Wireless Broadband Market Outlook To 2024
Wireless Broadband Market Outlook To 2024: Key Technology Categories (LMDS, MMDS, PCS), Application (Residential, Commercial), Regional Segmentation, Competitive Dynamics, M&A Insights, Pricing Analysis (IPP, OPP, RAP) And Segment Forecast The global wireless broadband market was valued at $10.6bn in 2016 and is forecast to grow at a strongCAGR of 10.6% between 2017 and 2024, culminating to global revenue of $23.5bn by 2024. Industry at a Glance With growing social media communication,
Offshore Drilling Market Outlook To 2024
Offshore Drilling Market Outlook To 2024: In-Depth Market View, Key Service Categories (Directional Drilling, Measurement While Drilling, Contract Drilling, Logging While Drilling), Application (Shallow, Deepwater, Ultra-Deep Water), Regional Segmentation, Top Players & Company Share, Competitive Dynamics, Growth Drivers & Restraints, Pricing Analysis, Segment Forecast And Key Conclusion The global offshore drilling market was valued at $89.5 billion in 2016 and is forecast to grow at a steady CAGR of 5.2% between
Global Hyaluronic Acid Market Outlook To 2026
Global Hyaluronic Acid Market Outlook To 2026: In-Depth Market Overview, Key Application Types (Dermal Fillers, Osteoarthritis [Single Injection, Three Injection, Five Injection], Ophthalmic, Vesicoureteral Reflux), Regional Segmentation, Pricing Analysis, Pipeline Analysis, Competitive Dynamics, M&A Insights, Segment Forecast, And Conclusion The Hyaluronic Acid Market was valued at $xx.9Billion in 2018 and is forecast to grow at a modestxx.6 % CAGR between2018 and 2025, culminating in 2026 global sales of $xx.7Billion. Hyaluronic Acids
More Releases for Endoscopy
Endoscopy Equipment Market To Register Substantial Expansion
The global endoscopy equipment market is estimated to witness notable growth in the coming years as Transparency Market Research reports. This is due to the increasing number of gastrointestinal diseases as well as cancer. The competitive landscape of the global endoscopy equipment market is seen to be fragmented due to the presence of a large number of players. Major players are putting more focus on the development of new products
Automated Endoscopy Reprocessor Market - Regional Growth
Increasing number of gastrointestinal (GI) diseases demanding endoscopic procedures are expected to drive the automated endoscope reprocessor market growth. According to a National Institute of Health data 2014, around 20 million GI endoscopic procedures are performed annually in the U.S. Endoscopy professionals are at risk of chemicals, body fluids contamination of patients, muscle skeleton injuries, and exposure of radiation. According to International Journal of Surgery report published in 2014, the
Endoscopy Device Market 2018 Leading Manufacturer | Cogentix Medical, Integrate …
The Global Endoscopy Device Market is expected to grow at a CAGR of 6.3% during the forecast period 2017-2023. An endoscopy is a procedure that allows physicians or surgeons to look interior parts of the organ. The technique is used for both diagnostic and therapeutic purpose. To perform endoscopy a specialized instrument is used named as endoscope. Various types of endoscopes and adoption of endoscope depends upon the affected body organ,
Endoscopy Device Market 2023 Key Players : Cogentix Medical, Integrate Endoscopy …
The report for Global Endoscopy Device Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The global Endoscopy Device Market is expected to grow at a CAGR of 6.3% during the forecast period 2017-2023.An endoscopy is a procedure that allows
Endoscopy Equipments Market Future Innovations in-depth
HTF MI comprehensive and detailed 116-page research study on Asia-Pacific Endoscopy Equipments provides a significantly expanded scope with deeply analyzed conclusions and content that includes an industry relevant database of major existing Endoscopy Equipments manufacturers/players in each region, analysis of 11 leading national markets, important regions [China, Japan, South Korea, Taiwan, India, Southeast Asia & Australia], a description of major geopolitical trends, analysis of the influencing factors and regulatory policies
Endoscopy Systems – Global Strategic Business Report 2017
Qyresearchreports include new market research report “Global Endoscopy Systems Market Research Report 2017” to its huge collection of research reports. The global Endoscopy Systems market is closely assessed in the publication using in-depth verifiable projections, historical data, and qualitative insights. With the help of proven assumptions and research methodologies, the analysts have derived the projections featured in the publication. For every aspect of the market, the publication serves as a great