0 likes | 12 Views
The global Endoscopy Device Market size is predicted to reach USD 71.18 billion with a CAGR of 8.7% by 2030.
E N D
Endoscopy Devices Market The global Endoscopy Device Market size is predicted to reach USD 71.18 billion with a CAGR of 8.7% by 2030. Next Move Strategy Consulting
Agenda • Market Overview • Market Segmentation • Regional Analysis • Key Market Players • Key Highlights Next Move Strategy Consulting
Market Overview • Endoscopy is a minimally invasive medical procedure that involves the use of a thin, flexible tube equipped with a tiny camera and light source to visually examine the interior of various body structures, such as the digestive tract, respiratory passages, or joints. • The increasing number of elderly patients with gastrointestinal and colon-related diseases such as stomach ulcers and colorectal cancer (CRC) that require endoscopy to diagnose and treat is driving the growth of the market. • Growing advancements in less invasive endoscopy procedures that reduce the need for surgeries, making the process more comfortable for patients, are further driving the growth of the market. • Strict regulatory requirements and lengthy approval processes can delay the wide adoption of endoscopy devices, in turn restraining the growth of the market. Next Move Strategy Consulting
Market Segmentation • By Application • Bronchoscopy • Arthroscopy • Laparoscopy • Urology endoscopy • Neuro endoscopy • Gastrointestinal endoscopy • Gynecology endoscopy • ENT endoscopy • Others • By Product Type • Endoscope • Mechanical Endoscopic Equipment • Visualization and Documentation Systems • Others • By End User • Hospitals • Ambulatory Surgery Centers • Clinics • Others Next Move Strategy Consulting
Regional Analysis • North America • The U.S. • Canada • Mexico • Asia-Pacific • China • India • Japan • South Korea • Australia • Rest of Asia-Pacific • RoW • UAE • Saudi Arabia • South Africa • Brazil • Remaining Countries • Europe • The UK • Germany • France • Italy • Spain • Denmark • Netherlands • Finland • Sweden • Norway • Russia Next Move Strategy Consulting
Key Market Players • Olympus Corporation • Medtronic Inc. • Boston Scientific Corporation • Stryker Corporation • Smith & Nephew Plc. • Karl Storz SE & Co. KG • Fujifilm Holdings Corporation • Johnson & Johnson • Hoya Corporation • Nipro Corporation Next Move Strategy Consulting
Key Highlights Minimally Invasive Surgery: The shift towards minimally invasive techniques is a major growth driver. Endoscopy devices offer benefits like reduced recovery time, minimized surgical trauma, and shorter hospital stays, contributing to their growing adoption. Consumer Awareness: Increased awareness about early diagnosis and preventive healthcare is leading to higher adoption rates of endoscopic procedures, as they are less invasive compared to traditional surgical methods. Emerging Markets: Growth in emerging markets is driven by improving healthcare infrastructure and rising healthcare expenditure, which facilitate the adoption of advanced endoscopic technologies. Challenges: High cost of advanced endoscopy systems and the need for skilled operators present challenges. However, ongoing technological innovations and the introduction of cost-effective solutions are expected to address these issues. Next Move Strategy Consulting
THANK YOU Next Move Strategy Consulting Follow us www.nextmsc.com info@nextmsc.com +1-217-650-7991 Access Full Report - https://www.nextmsc.com/report/endoscopy-devices-market Next Move Strategy Consulting