Global Endoscopy Market To Cross US$ 36 Billion By 2022 - Erie News Now | WICU & WSEE in Erie, PA

Global Endoscopy Market To Cross US$ 36 Billion By 2022


The global endoscopy market is expected to exceed US$ 36 billion by 2022, registering a compound annual growth rate (CAGR) of more than 6% during the forecast period. The increasing investments, funds, and grants by government bodies worldwide; rising number of hospitals and growing hospital investments in endoscopy instrument; technological advancements; favorable reimbursement coverage in select countries to propel the capsule endoscopy market; rising prevalence of diseases that require endoscopy procedures are factors driving the global endoscopy market. However, the high cost of endoscopy procedures and equipment, limited reimbursements in developing countries, infections caused by endoscopes, and lack of skilled physician and endoscopists are expected to hamper the growth of the market.

In this report, the global endoscopymarket is segmented by product, application, and region. On the basis of product, the market is segmented into operative devices, endoscope, and visualization systems. Each product type is further segmented and studied in this report. The market on the basis ofapplicationis segmented into gastrointestinal surgeries, ENT surgeries, urology/gynecology surgeries, cardiovascular surgeries, laparoscopy surgeries, neuro/spinal surgeries, arthroscopy surgeries, and others.

The global endoscopy market is segmented on the basis of key regions, namely, North America, Europe, Asia Pacific,Latin America, and the Middle East& Africa. Asia Pacific is expected to be the fastest-growing market during the forecast period. North America is the largest endoscopy market. Furthermore, each region is segmented to provide market revenue for select countries such as the U.S., Canada, the U.K., Germany, China, Japan, India, and Brazil. The report includes a detailed study of the global and regional endoscopy market and analyzes the variations in the growth of the industry in certain regions.

Olympus Corporation, Ethicon (Johnson & Johnson), Karl Storz GmbH, Boston Scientific, Inc., CovidienPlc, Stryker Corporation, Hoya Corporation (Pentax Medical System), Cook Medical Incorporated, Conmed Corporation, Fujifilm Holding Corporation, Smith and Nephew, Inc., and Richard Wolf GmbH are the most active players in the endoscopy market.

A glimpse of the report structure is provided in the report description available on the website.

This report covers the endoscopy market, in terms of value, and forecasts the market size till 2022. In addition, the report identifies key growth segments and opportunities in the industry. This report also covers detailed competitive outlook including the share and company profiles of the key players in the global market. Company profile includes company summary, financial summary, business strategy and planning, SWOT analysis, and current developments.

The deep-dive study on the endoscopy market will help customers with the identification of new market opportunities and targeted promotional plans.


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