Hi, what are you looking for?
According to The Insight Partners’ research, the global endoscopy device market is expected to reach US$ 45,612.3 million by 2025 from US$ 26,333.3 million in 2017, expanding at 7.5% CAGR over 2018–2025. Rising prevalence of diseases requiring endoscopy, favorable government initiatives, and technological advancements are attributed to this growth.
Increasing incidences of chronic rhinosinusitis (CRS) have driven the implementation of long-term medical management and functional endoscopic sinus surgery (FESS). Additionally, technological developments allow various market players to innovate technically advanced medical devices to treat CRS through minimally invasive procedures efficiently. Balloon sinuplasty is the widely used procedure to treat CRS, and various market leaders are developing balloon endoscopy device devices. With developments in balloon sinuplasty, various regulators are seen approving medical devices.
Get sample PDF Copy of Endoscopy Devices Market study @ https://www.theinsightpartners.com/sample/TIPHE100000823/
Leading players formulating the competitive landscape of the global endoscopy device market are Olympus; STRYKER; Medtronic; KARL STORZ SE & Co. KG; Ethicon US, LLC.; Richard Wolf GmbH; Boston Scientific Corporation; Smith & Nephew; Cook; and FUJIFILM Holdings Corporation.
Based on product gamut, the global endoscopy device market is divided into endoscopes, visualization systems, other endoscopy equipment, and accessories. Among these, the endoscopes segment held 40.0% of the market share in 2017. The segment was valued at US$ 10,540.8 million in 2017 and is projected to reach US$ 18,810.5 million by 2025, growing at 7.9% CAGR over the forecast timeframe.
Rising environmental concerns such as climatic changes and pollution, and lifestyle changes are responsible for the growing number of chronic sinusitis cases. For instance, it is estimated that more than 135 million people in India have chronic sinusitis. Likewise, the incidences of sinus cancer in Germany are increasing. Increased chronic sinusitis cases will raise the need for surgical procedures, thus propelling global endoscopy device market expansion.
Speaking of procedure type, the market is split into gastrointestinal endoscopy, laparoscopy, arthroscopy, otoscopy, urology endoscopy, bronchoscopy, laryngoscopy, and other applications. Among these, the laparoscopy segment captured 21.8% % of the market share. The segment was assessed at US$ 5,738.0 million in 2017 and is slated to amass US$ 10,194.4 million by 2025, expanding at 7.8% CAGR throughout.
Click Here to Avail Lucrative DISCOUNTS on Our Latest Research Reports. We Offer Student, Enterprise, and Special Periodic Discounts to Our Clientele. Please Fill the Form to Know DISCOUNTED PRICE
As per the end user spectrum, the marketplace is segmented into hospitals, ambulatory surgical centers, and other end users. Among these, the hospitals segment accounted for 60.5% of the market share in 2017. The segment was evaluated at US$ 15,937.29 million in 2017 and is projected to reach US$ 28,074.39 million by 2025, expanding at 7.7% CAGR throughout.
From the regional frame of reference, North America held most of the global endoscopy device market share in 2017. The market was assessed at US$ 9,214.4 million in 2017 and is anticipated to be worth US$ 16,320.1 million by 2025. Meanwhile, the Asia Pacific market will register a stellar growth rate of 8% CAGR during the forecast period. Asia Pacific is estimated to accrue US$ 1,380.3 million by 2025 from US$ 6,317.4 million in 2017.
Quick Buy venous stents market Research Report @ https://www.theinsightpartners.com/buy/TIPHE100000823/
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
If you have any queries about this report or if you would like further information, please contact us:
Russian troops abandoned positions near Kharkiv in haste when Ukrainian forces pushed them back towards the border - Copyright AFP PRAKASH MATHEMAOn a small...
Russia's Gazprom has informed Finland on Friday it will halt flows of natural gas from Saturday morning.
When Finland decided to seek NATO membership, the owner of a small brewery decided to celebrate by launching a new "NATO" beer.
Soviet-era metro stations across Ukraine became a safe haven for residents seeking refuge from Russian strikes after Moscow invaded - Copyright AFP PRAKASH MATHEMAPatrick...
COPYRIGHT © 1998 - 2022 DIGITAL JOURNAL INC. Digital Journal is not responsible for the content of external sites. Read more about our external linking.