Endoscopy Cameras Market is expected to Witness Massive Growth with a Significant CAGR of 5.63%, DelveInsight - Digital Journal

2022-07-30 02:06:40 By : Ms. Polyster KLX

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Global endoscopy cameras market is estimated to grow at a CAGR of 5.63% during the forecast period from 2022 to 2027. The increase in demand for endoscopy cameras is primarily attributed to the increasing prevalence of chronic disease which require the use of endoscopy cameras for diagnosis and visualization of some disorders, such as some gastrointestinal diseases like irritable bowel syndrome (IBD), gastroesophageal reflux disease (GERD), peptic ulcer disease, and Crohn’s disease, increase in number of geriatric population who are more prone to chronic ailments, increasing awareness and demand of minimally invasive surgeries, and rise in technological advancements in endoscopy cameras like image magnification, high-definition optical systems and digital imaging are anticipated to bolster the market, thereby contributing to the growth of the endoscopy cameras market during the forecast period from 2022-2027.

An endoscope is a long, thin, flexible tube that has a light and camera at one end. It is used to visualize the internal structure of the body. Endoscopy camera is a visualization system which helps in viewing the internal body parts. Endoscopy camera provides HD image of the body which is transferred to the screen for viewing the image.

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Recent Developmental Activities in the Endoscopy Cameras Market Report

Key Takeaways from the Endoscopy Cameras Market Report Study

COVID19 Impact on the Endoscopy Cameras Market

The ongoing COVID-19 pandemic has slightly impacted the market for endoscopy cameras. At the onset of the disease, there was a significant shortage, attributed to the imposition of stringent lockdowns to curb the spread of the virus. Hospital admissions for patients suffering from cancers and other chronic disorders were not a priority in comparison to the patients suffering from coronavirus. The production of a majority of medical devices was shut down. Furthermore, surgeries were temporarily stopped during the pandemic. To reduce the COVID-19 transmission risk, endoscopy centers have postponed and canceled the semi-urgent and elective cases. However, with masses being vaccinated, the endoscopy cameras market has picked momentum.

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The endoscopy cameras market is witnessing a growth in product demand owing to various reasons. The increasing use of endoscopy cameras in various applications is anticipated to bolster the market for endoscopy cameras during the forecasted period. For instance, endoscopy cameras had found their use in various areas of application attributed to increasing prevalence of chronic disorders like IBD, gastroesophageal reflux disease (GERD), peptic ulcer disease, and Crohn’s disease due to environmental pollution, smoking, unhealthy lifestyles, poor nutrition and diet, and high intake of carcinogenic substances.

Endoscopy Cameras Market Segment Analysis

Some of the key market players operating in the endoscopy cameras market include Olympus Corporation, Stryker, Shenzhen Mindray Bio-Medical Electronics Co., Ltd, SCHÖLLY FIBEROPTIC GMBH, Gimmi GmbH, B. Braun Melsungen AG, KARL STORZ, Xuzhou AKX Electronic Science And Technology Co., Ltd., MEDIT INC, Richard Wolf GmbH, OMNIVISION., Scoutcam., Electronics Services Centre (ESC Medicams)., HT Global Industries Limited, American Medical Endoscopy, FUJIFILM Asia Pacific Pte. Ltd., COMEG Medical Technologies, XION, WISAP Medical Technology GmbH, Maxer Endoscopy GmbH, among others.

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1. Endoscopy Cameras Market Report Introduction

2. Endoscopy Cameras Market Executive Summary

4. Endoscopy Cameras Market Key Factors Analysis

5. Endoscopy Cameras Market Porter’s Five Forces Analysis

6. COVID-19 Impact Analysis on Endoscopy Cameras Market

8. Endoscopy Cameras MARKET Global Company Share Analysis – Key 3-5 Companies

9. Endoscopy Cameras Market Company and Product Profiles

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