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NEW YORK , Sept. 20, 2022 /PRNewswire/ -- The global sinusitis endoscopes market size is expected to grow by USD 88.69 million , accelerating at a CAGR of 7.8% during the forecast period. The report has tracked the recent trends and developments in the healthcare equipment industry to estimate the market size. Some of the factors considered include the patient population, incidence rate of the disease, prevalence rate of the disease, disposable income, current healthcare expenditure, and other factors. Understand the scope of the full report. Download PDF Sample Report
Technavio categorizes the global sinuscope endoscopes market as a part of the global healthcare equipment market. The parent market, the global healthcare equipment market, includes products and companies engaged in the R&D of a variety of product categories, including capital equipment, instruments, implants, accessories, and consumables that are used for the diagnosis, monitoring, and treatment of various diseases. Technavio considers the combined revenue generated by manufacturers of various diagnostic equipment and devices used across the therapy areas to calculate the size of the global healthcare equipment market.
The market in focus is fragmented due to the presence of a few large, medium, and small-scale vendors. Established players have a strong distribution network, while most other vendors are concentrated in their regional markets. The vendors in the market are competing in terms of price, quality, innovation, reputation, brand identity, and distribution. The rivalry among vendors is intense, which is forcing them to adopt pricing and marketing strategies to retain their existing market shares and seize new market opportunities.
The report identifies ACTEON Group, Amplifon SpA, asap endoscopic products GmbH, B. Braun SE, Ecleris USA , Entermed BV, Happersberger otopront GmbH, Henke Sass Wolf GmbH, HOYA Corp., KARL STORZ SE and Co. KG, Medstar Co. Ltd., Olympus Corp., Optim LLC, Optomic Espana SA, Schindler Endoskopie Technologie GmbH, Serwell Medi Equip P. Ltd., Stryker Corp., Techcord Co. Ltd., and XION GmbH as major market participants. Although the growing prevalence of sinusitis will offer immense growth opportunities, potential complications of sinus endoscopy and the high cost of the procedure will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request Sample Report Here
The global sinuscope endoscopes market is segmented as below:
Hospitals are the prime end-users for sinuscope endoscopes in the market. The segment is driven by the presence of advanced medical equipment and facilities in hospitals than in ASCs and other healthcare facilities. Moreover, the increasing number of MI techniques, such as endoscopic sinus surgery, which treats nasal polyps, sinusitis, and other recurrent sinus problems, in hospitals is contributing to the growth of the segment.
North America is the major market, occupying 41% of the global market share. Factors such as the increasing prevalence of sinusitis, technological advances, increasing healthcare infrastructure, and the availability of sophisticated healthcare infrastructure are fostering the growth of the regional market. Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our sinuscope endoscopes market report covers the following areas:
We provide a detailed analysis of around 25 vendors operating in the sinuscope endoscopes market, including some of the dominant vendors. Backed with competitive intelligence and benchmarking, our research report on the sinuscope endoscopes market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Accelerate at a CAGR of 7.8%
North America, Europe, Asia, and Rest of World (ROW)
US, Canada, Germany, UK, and China
Leading companies, competitive strategies, consumer engagement scope
ACTEON Group, Amplifon SpA, asap endoscopic products GmbH, B. Braun SE, Ecleris USA, Entermed BV, Happersberger otopront GmbH, Henke Sass Wolf GmbH, HOYA Corp., KARL STORZ SE and Co. KG, Medstar Co. Ltd., Olympus Corp., Optim LLC, Optomic Espana SA, Schindler Endoskopie Technologie GmbH, Serwell Medi Equip P. Ltd., Stryker Corp., Techcord Co. Ltd., and XION GmbH
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/
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