Press release
Flexible Endoscopes Global Market 2024 - Growth Opportunities, Top Countries, Future Trends, Revenue And Outlook 2033
Flexible Endoscopes Global Market
According to The Business Research Company's, The flexible endoscopes market size has grown strongly in recent years. It will grow from $8.95 billion in 2023 to $9.7 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to advancements in medical technology, rising prevalence of gastrointestinal diseases, diagnostic and treatment advancements, global healthcare access.
The flexible endoscopes market size is expected to see strong growth in the next few years. It will grow to $12.94 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to personalized medicine, telemedicine and remote procedures, patient education and awareness, reimbursement policies. Major trends in the forecast period include artificial intelligence integration, capsule endoscopy, 3d imaging, endoscopy in pediatric care.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/flexible-endoscopes-global-market-report
Market Drivers and Trends:
The rising prevalence of chronic diseases is expected to propel the growth of the flexible endoscopes market going forward. Chronic diseases are long-term medical conditions that persist over an extended period and often progress slowly. Flexible endoscopes offer early identification and reliable diagnosis of a variety of chronic disorders, including respiratory, gastrointestinal (GI) and urological diseases, by providing direct viewing. They are also utilized for therapeutic interventions in chronic diseases. For instance, in January 2023, according to the National Center for Biotechnology Information, a US-based division of the National Library of Medicine (NLM), which is part of the National Institutes of Health (NIH), there will be 142.66 million people aged 50 and older in 2050 who have at least one chronic disease, up from 71.522 million in 2020, indicating a 99.5% rise. Simultaneously, it is anticipated that the number of people with multimorbidity will rise by 91.16%, from 7.83 million in 2020 to 14.97 million in 2050. Therefore, the increase in the prevalence of chronic diseases is driving the growth of the flexible endoscopes market.
Major companies operating in the flexible endoscopes market are innovating new products and getting approvals for them to sustain their position in the market. The development in flexible endoscope provide better comfort and with the introduction of Zsquare ENT-Flex Rhinolaryngoscope, it offers increased patient comfort compared to traditional reusable endoscopes. For instance, in July 2022, Zsquare, an Israel-based developer of flexible, high-resolution single-use endoscopes, announced the FDA's (Food and Drug Administration) approval of the Zsquare ENT-Flex Rhinolaryngoscope, the first high-performance single-use ENT (ear, nose and throat) endoscope. It is the first single-use endoscope to utilize a hybrid design, with an all-optical disposable shell covering a reusable component. This flexible endoscope has an improved design offers medical practitioners high-resolution imaging through the most undersized diameter endoscope shaft at the lowest cost-per-use in single-use endoscopy. A few advantages of this innovative engineering include increased diagnostic quality, patient comfort and significant cost savings for payers and providers.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=12993&type=smp
Major Key Players of the Market:
Medtronic PLC, Fujifilm Holdings Corporation, Becton Dickinson and Company, Stryker Corporation, Boston Scientific Corporation, AB SKF, Olympus Corporation, HOYA Corporation, Smith & Nephew PLC, Micro-Epsilon Messtechnik GmbH & Co. KG, EndoChoice International, Pentax Medical, Ambu Inc., Richard Wolf GmbH, Welch Allyn Inc., Cooper Surgical Inc., Ethicon Endo-surgery LLC, Vimex Endoscopy, Endo-Flex GmbH, Machida Endoscope Co Ltd., XION GmbH, Huger Medical Instrument Co. Ltd., Endomed Systems Gmbh, Karl Storz GmbH & Co. KG., Laborie Medical Technologies Inc., ACMI Corporation.
Flexible Endoscopes Market 2024 Key Insights:
• The flexible endoscopes market is expected to grow to $12.94 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%.
• Rising Prevalence Of Chronic Diseases Fuels Demand For Flexible Endoscopes In Healthcare
• Innovative Flexible Endoscopes Enhance Patient Comfort And Diagnostic Quality In Healthcare
• North America was the largest region in the flexible endoscopes market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period.
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=12993&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 Flexible Endoscopes Global Market 2024 - Growth Opportunities, Top Countries, Future Trends, Revenue And Outlook 2033 here
News-ID: 3667468 • Views: …
More Releases from The Business research company
Rising Incidence of Dental Disorders Sparks Growth in the Tooth-Filling Material …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Tooth Filling Materials Market Through 2025?
In the past few years, the market size for tooth filling materials has experienced robust growth. Projected to rise from $1.82 billion in 2024 to $1.92 billion in 2025, it's set to journey at a compound…
2025-2034 Stress Tests Equipment Market Outlook: Key Drivers, Emerging Challenge …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Stress Tests Equipment Industry Market Size Be by 2025?
In recent years, the market for stress test equipment has seen robust growth. From a value of $2.99 billion in 2024, it is projected to increase to $3.19 billion in 2025, reflecting a compound annual growth rate…
2025 Positron Emission Tomography (PET) Scanners Industry Trends Report: Long-Te …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Positron Emission Tomography (PET) Scanners Market Size By 2025?
The market size for positron emission tomography (pet) scanners has been witnessing a steady increment in the past years. The market is expected to escalate from $1.51 billion in 2024 to $1.58 billion in 2025, registering…
Strategic Forecast for the Ostomy Devices Industry: Market Outlook 2025-2034
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Ostomy Devices Market Size Growth Forecast: What to Expect by 2025?
In the past few years, the ostomy devices market has been consistently expanding. Projections show an increase from $2.8 billion in 2024 to $2.9 billion in 2025, maintaining a compound annual growth rate (CAGR) of 3.9%. The significant…
More Releases for Flexible
Flexible Led Panel Market
Flexible Led Panel Market Overview
Flexible Led Panel creatively light space while saving on energy and reducing carbon emissions
This report provides a deep insight into the global Flexible Led Panel market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
In a word,…
The Future is Flexible: Opportunities and Challenges in the Flexible Substrate I …
The global Flexible Substrate market is estimated to attain a valuation of US$ 28.7 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 18.9% during the forecast period, 2022-2031.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of…
Global Flexible Honeycomb Market, Global Flexible Honeycomb Industry, Covid-19 I …
The Flexible Honeycomb market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The Global Flexible Honeycomb Market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global Flexible Honeycomb market. The report focuses on well-known providers in the global…
ASEAN Flexible Packaging Market: Rising Urban Population to Fuel Demand for Flex …
Already making up almost half of the retail packaging industry, the flexible packaging market is set to rise exponentially. In the Association of Southeast Asian Nations (ASEAN) in particular, the market is scaling new highs, thus connoting the presence of several large players. In a recent study, Transparency Market Research (TMR) finds that the vendor landscape of the ASEAN flexible packaging market exhibits the presence of numerous players. While none…
Flexible Glass for Flexible Electronics Market Trends and Segments 2016-2026
Glass is a non-crystalline solid which is mostly transparent and has technological, practical and decorative usage in things like window panes, electronic devices, tableware, Containers & so many. The oldest type of glass is based on the chemical compound silica which is the primary constituent of sand as well. Moving on to Flexible glass for flexible electronics, which is an ultra-thin glass with flexible and stretching feature along with all…
Flexible Glass for Flexible Electronics Market Growth, Forecast and Value Chain …
Glass is a non-crystalline solid which is mostly transparent and has technological, practical and decorative usage in things like window panes, electronic devices, tableware, Containers & so many. The oldest type of glass is based on the chemical compound silica which is the primary constituent of sand as well. Moving on to Flexible glass for flexible electronics, which is an ultra-thin glass with flexible and stretching feature along with all…
