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Global Medical Videoscope Market Outlook 2016:Video Endoscopes, Arthroscopes, Urology Endoscopes
The market is driven by increased investments, in the forms of funds, and grants by government bodies. Preference for minimally invasive surgeries along with high-performing products such as innovative desktop endoscope and miniaturized endoscopes are the factors that would boost the market growth. Lack of trained physicians and endoscopists is a key factor hampering the growth of the market. High cost of endoscopic procedures and equipment coupled with limited scope of reimbursements across developing countries are key market challenges faced by stakeholders and market players.
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The market is segmented on the basis of scope, systems, application, and geography. On the basis of scope, the market is segmented into rigid videoscopes and flexible videoscopes. The rigid videoscopes market is segmented into laparoscopes, arthroscopes, urology endoscopes, cystoscopes, gynecology videoscopes, and video neuroendoscopes and others. The flexible videoscopes is segmented on the basis of video colonoscopes, video upper GI endoscopes, video bronchoscopes, video sigmoidoscopes, video laryngoscopes, video pharyngoscopes, video duodenoscopes, video nasopharyngoscopes, video rhinoscopes and others. On the basis of visualization systems, the market is segmented into wireless displays and monitors, endoscopic light sources, video converters, endoscopic cameras, video recorders, video processors, camera heads, transmitters & receivers and others visulization devices.
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On the basis of application, the market is segmented into laparoscopy, gastrointestinal endoscopy, arthroscopy, obstetrics/gynecology, urology endoscopy (cystoscopy), bronchoscopy, mediastinoscopy, otoscopy, laryngoscopy and other applications. Geographically, this market is segmented into North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).Key market players operating in this market are Olympus Corporation, Stryker Corporation, Karl Storz GMBH & Co.KG, Fujifilm Holding Corporation, Hoya Corporation (Pentax Medical), Richard Wolf GMBH, Smith & Nephew PLC, Conmed Corporation, Welch Allyn, Inc. and XION GMBH.
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