Press release
Endoscopes Market 2022 Global Key Players, Technology, Application, Products Analysis and Forecast to 2030
Endoscopes Market 2022
The Endoscopes Market is slated to grow at a gracious rate of 6%, reaching US$ 11.8 Bn by the year 2019. With value-oriented approach being the need of the hour, the healthcare vertical is likely to go the technologically advanced way in the next 10 years. With Big Data, AI comprising these advancements, the healthcare vertical is bound to create greater strides going forward.
Endoscopes are gaining significant demand for arthroscopy, bronchoscopy, colonoscopy, and cystoscopy procedures. The shift toward minimally-invasive surgeries compared to open surgeries is likely to increase demand for endoscopes. Key stakeholders are introducing capsule endoscopes, robot-assisted endoscopes, and disposable endoscopes to overcome few drawbacks of conventional endoscopes.
Get Free Sample Copy of This report@https://www.persistencemarketresearch.com/samples/31385
For instance, in July 2015, Medrobotics Corporation received FDA clearance for its Flex® Robotic System for sale in the United States. Also, international medical device manufactures are concentrating on entering the capsule and robot-assisted endoscopes market. For example, Medtronic now holds a leading market share in the capsule endoscopes market after its acquisition of Given Imaging Ltd.
The global endoscopes market was valued at US$ 11.8 Bn in 2019, and is expected to witness a CAGR of 6% during the forecast period (2020-2030).
Companies covered in Endoscopes Market Report
Medtronic Plc.
Olympus Corporation
KARL STORZ SE & Co. KG
Johnson & Johnson
Fujifilm Holdings Corporation
Richard Wolf GmbH
Braun Melsungen Ag
Stryker Corporation
PENTAX Medical
CONMED Corporation
Boston Scientific Corporation
Smith & Nephew PLC
Click Here for Methodology@https://www.persistencemarketresearch.com/methodology/31385
Key Takeaways of Endoscopes Market Study
Flexible endoscopes occupied nearly 60% of value share in the endoscopes market in 2019, owing to increasing adoption over rigid endoscopes. Flexible endoscopes provide better safety, greater efficacy, and better accessibility to internal organs as compared to rigid endoscopes.
Gastrointestinal (GI) endoscopy accounted for the highest value share in the global endoscopes market, on the back of increasing annual gastrointestinal and colonoscopy procedures.
Bronchoscopy registered the highest growth rate owing to rising number of respiratory disorders and introduction of new endoscopy products for bronchoscopy.
Reusable endoscopes accounted for more than three-fourth of the value share in global endoscopes market. Moreover, the disposable segment registered a higher growth rate as compared to the reusable segment, with the growing demand for procedure-specific endoscopes and benefits of sterilization cost reduction.
Hospitals hold a major share in the global endoscopes market, owing to large-scale adoption of endoscopic surgeries and favorable reimbursement policies for patients who visit hospitals as compared to outpatient centers.
North America holds a prominent revenue share in the global endoscopes market, as a higher number of endoscopic surgeries as performed each year in the country.
"Growing gastrointestinal and colorectal cancer cases and higher acceptance of minimally-invasive procedures are likely to pace up market growth. Demand for endoscopes will continue to pick pace with the introduction of new technologies for accurate visualization," says a PMR analyst.
COVID-19 Impact on Endoscopes Market
The COVID-19 outbreak is asserting players in the endoscope market to restructure their working methods to suit drastic market changes. With governments implementing strict norms on physical movements and emphasis on social distancing, production is being significantly affected. Furthermore, shortage of manpower and travel restrictions are disrupting the supply chain, thereby affecting the overall workflow of the market. However, endoscopes, being an essential commodity in the healthcare industry, are likely to overcome these shortcomings caused by the pandemic.
On the back of persistent demand for endoscopes from healthcare institutions to detect cardiovascular diseases - which continue to cause a significant number of deaths all over the globe - the endoscopes market is likely to mitigate heavy damage. On this premise, Cook Medical, a prominent endoscopes manufacturer, stated that, it's keeping production running with the available workforce and ensuring that the supply of essential devices is unhindered.
Product Portfolio Expansion and Distribution Partnerships - Key Strategies of Leading Manufacturers
Endoscope manufacturers are focusing on product portfolio expansion through partnerships and new product launches. For instance, in May 2018, FUJIFILM Holdings Corporation launched the EB-530P Slim Video Bronchoscope and Radial Probe EBUS System (PB2020-M).
Moreover, manufacturers are moving toward distribution agreements and partnerships to expand their presence in the global market. For example, in June 2018, CapsoVision announced a U.S. distribution partnership with Pentax Medical for capsule endoscopy solutions - CapsoCam Plus and CapsoCloud - across the country.
More Valuable Insights on Endoscopes Market
Persistence Market Research offers a unique perspective and actionable insights on endoscopes in its latest study, presenting historical demand assessment of 2015-2019 and projections for 2020-2030, on the basis of product (rigid endoscopes, flexible endoscopes, capsule endoscopes, and robot-assisted endoscopes), application (gastrointestinal (GI) endoscopy, laparoscopy, arthroscopy, obstetrics/gynecology endoscopy, urology endoscopy (cystoscopy), ENT endoscopy, bronchoscopy, mediastinoscopy, and others), usability (reusable and disposable), and end user (hospitals, ambulatory surgery centers, and specialty clinics), across seven major regions.
Press The "Purchase Now" Button To Have Our Endoscopes Market Report@ https://www.persistencemarketresearch.com/checkout/31385
Key Questions Answered in the Endoscopes Market Report
How is the Endoscopes Market expected to grow over the projected period?
What direction is the Endoscopes Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Endoscopes Market in future?
What are the key market drivers in the Endoscopes Market?
What are significant opportunities and improvement areas for Endoscopes Market manufacturers?
What are the key developments and trends taking over the Endoscopes Market?
Which are the emerging countries that are expected to create significant growth opportunities in the Endoscopes Market?
If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.
Access Related Reports-
Neurostimulation Devices Market- https://www.persistencemarketresearch.com/market-research/neurostimulation-devices-market.asp
Neurostimulation Devices Market was valued at US$ 5,088.9 Million. PMR forecast that the global neurostimulation devices market will register a CAGR of above 12% to reach US$ 10,445.7 Million by 2020.
Ischemic Optic Neuropathy Treatment Market- https://www.persistencemarketresearch.com/market-research/ischemic-optic-neuropathy-treatment-market.asp
The global ischemic optic neuropathy treatment market valued at US$ 187.7 Mn in 2020, and is predicted to expand at a CAGR of close to 4% over the forecast period (2021-2031).
Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
About us:
PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against rep/uted organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Endoscopes Market 2022 Global Key Players, Technology, Application, Products Analysis and Forecast to 2030 here
News-ID: 2635094 • Views: …
More Releases from Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Endoscope
Endoscope Reprocessing Market: A Comprehensive Overview
The Endoscope Reprocessing Market was valued at USD 2.58 billion in 2023 and is anticipated to reach USD 6.92 billion by 2032, reflecting a compound annual growth rate (CAGR) of approximately 11.5% from 2024 to 2032.
Endoscope Reprocessing Market Overview
The Endoscope Reprocessing Market is witnessing significant growth driven by the increasing number of endoscopic procedures and the growing demand for infection control in healthcare settings. Endoscope reprocessing involves cleaning, disinfecting, and…
SUZHOU AND TECH: Spine Endoscope Instrument
Short Description: [https://www.and-en.com/various-kinds-of-calcaneal-locking-plate-2-product/]
Sinus tarsi S shape make minimally invasive approach and protect the soft tissue. Excellent anatomic pre-shaped design, no need to bend in operation. Low profile design can reduce the irritation to the soft tissue -The top hole aim sustentaculum tali can support the joint surface. The distal thinner end is convenient to insert.
Features Of Calcaneal Fractures
Calcaneal fractures are the most common tarsal fractures, accounting for approximately 2% of…
Auto repair equipment introduction Industrial endoscope
With the rapid development of industrial technology, the overhaul and maintenance of all kinds of equipment and machinery has become increasingly important. As an advanced detection tool, industrial endoscope has played an indispensable role in modern industry with its excellent imaging function and flexibility of detection.
Exploration tools driven by modern technology
Industrial endoscope, also known as industrial endoscope, is a tool used to inspect and observe the internal conditions of various…
Endoscope Reprocessing: Growing Approvals of Automated Endoscope Reprocessing Re …
According to Arizton's latest research report, endoscope reprocessing market is expected to grow at a CAGR of over 8.5% during 2022-2027. The presence of a large target population and endoscope reprocessing equipment manufacturers contributes to the high market share of North America.
APAC is likely to be the fastest growing region with the highest CAGR of 9.60% during 2022-2027. The region's main reason for fast growth is due to…
Endoscope Reprocessing Market by Product (HLD and Test Strips, Detergents & Wipe …
The global endoscope reprocessing market is projected to USD 3.8 billion by 2027 from USD 2.4 billion in 2022, at a CAGR of 9.7% from 2022 to 2027.The growth of this market is driven owing to increasing requirement for endoscopy to diagnose and treat target diseases, high risk of Endoscope-associated infections due to contaminated endoscopes, Growing geriatric population and leading to increase in endoscopic procedures, and Increasing emphasis on improving…
SMARTSNAKE HD ENDOSCOPE REVIEW 2022:WHAT YOU NEED TO KNOW ABOUT THIS POWERFUL EN …
SMARTSNAKE HD REVIEW: INTRODUCTION
If you need to see inside a tight space your Smartsnake HD Endoscope is here , you can get a lot of value out of an endoscope camera. While you may think you’d need to spend hundreds of dollars to get a great one, the truth is that you don’t have to spend nearly as much as you think to get a camera you’ll Smartsnake HD Endoscope…
