ccording to The Insight Partners market research study titled ‘Endoscopy Devices Market – Global Analysis and Forecasts By Product, Application and End User. The global endoscopy devices market is expected to reach US$ 45,612.3 Mn in 2025 from US$ 26,333.3 Mn in 2017. The market is estimated to grow with a CAGR of 7.5% from 2018-2025. The report highlights the trends prevalent in the global endoscopy devices market and the factors driving the market along with those that act as deterrents to its growth.
Some of the prominent players operating in endoscopy devices market are Olympus Corporation, STRYKER, Medtronic, KARL STORZ SE & Co. KG, Ethicon US, LLC., Richard Wolf GmbH, Boston Scientific Corporation, Smith & Nephew, Cook, and FUJIFILM Holdings Corporation. Various players in the market have obtained approvals for their products launches. These approvals have helped the patients as well as the healthcare professionals to get better services. For instance, Cook received FDA approval for Cellvizio Confocal Laser Endomicroscopy (CLE) System and the Confocal Miniprobes in March, 2018.
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The market for endoscopy devices is expected to grow in the coming years, owing to the technological advancements made by the players operating in the market. These technological advancements have made the procedure of endoscopy more easy as well as the results obtained are more accurate.
Global endoscopy devices market, based on the product class is segmented into endoscopes, visualization systems, other endoscopy equipment, and accessories. The endoscopes segment has been further divided as rigid endoscopes, flexible endoscopes as well as capsule endoscope. In 2017, the endoscopes segment held the largest share in the market, by product. Moreover, the segment is also anticipated to grow at a significant rate during the forecast period.
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The report segments the global endoscopy devices market as follows:
Global Endoscopy Devices Market – By Product
Endoscopes
Rigid Endoscope
Flexible Endoscope
Capsule Endoscope
Visualization Systems
Wireless Displays and Monitors
Light Sources
Video Processors
Endoscopic Cameras
Video Recorders
Video Converters
Carts
Transmitters & Receivers
Camera Heads
Other Endoscopy Equipment
Electronic Instruments
Insufflators
Endoscopy Fluid Management Systems
Endoscopy Ultrasound
Other Electronic Devices
Mechanical Instruments
Biopsy Forceps
Graspers
Snares
Torcars and Cannuals
Other Mechanical Instruments
Accessories
Cleaning Brushes
Overtubes
Surgical Dissectors
Light Cables
Fluid Flushing Devices
Needle Holders/needle forceps
Mouth Pieces
Biospy Valves
Global Endoscopy Devices Market – By Application
Laparoscopy
Gastrointestinal Endoscopy
Arthroscopy
Obstetrics/Gynecology
Urology Endoscopy
Bronchoscopy
Other Applications
Global Endoscopy Devices Market – By End User
Hospitals
Ambulatory Surgical Centers
Other End Users
Global Endoscopy Devices Market – By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Asia Pacific (APAC)
Japan
China
India
Middle East & Africa (MEA)
South Africa
UAE
Saudi Arabia
South & Central America (SCAM)
Brazil
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