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Endoscopy devices market Industry Analysis and Opportunity

The Global Endoscopy Devices Market is anticipated to grow at a CAGR of 5.7% from 2016 to 2022, and reach $40,854 million by 2022 from $27,273 million in 2015.<br>Read More : https://www.alliedmarketresearch.com/request-sample/1483

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Endoscopy devices market Industry Analysis and Opportunity

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  1. Endoscopy Devices Market Global Opportunity Analysis and Industry Forecasts, 2014-2022

  2. The Global Endoscopy Devices Market is anticipated to grow at a CAGR of 5.7% from 2016 to 2022, and reach $40,854 million by 2022 from $27,273 million in 2015. An endoscope is a lighted, medical device used to execute diagnostic and therapeutic interventions inside the hollow cavities and visceral organs of the body such as the brain, esophagus, lungs, abdomen, gastrointestinal (GI) tract, and others. Endoscopy Devices Market

  3. ise in prevalence of diseases that require endoscopy procedures such as cancers and gastrointestinal diseases is one of the prime reasons that drives the growth of endoscopy devices market. In addition, growth in baby boomer generation with high risk of targeted diseases, rise in awareness about novel endoscopy devices, and patient preference for the minimally invasive nature of endoscopy devices propel the market growth. Modern endoscopy techniques have revolutionized the examination and treatment of upper gastrointestinal tract (including esophagus, stomach, and duodenum) and the colon. • Flexible endoscopes dominated the endoscopy devices market, accounting for over three-fourth oftotal share in 2015, owing to their ability to reach viscera and cavities not visible to the naked eye and where the rigid endoscopy fails to examine. Diversified use of flexible endoscopy devices in the diagnosis and treatment of various diseases such as gallbladder disease with lower risk, followed by rapid recovery along with minimal post-surgical complications favored its growth in the laparoscopy market.

  4. Key Findings of Endoscopy Devices Market: • In the year 2015, Endoscopes was the leading product type,and is projected to grow at a CAGR of 6.0%. • Capsule endoscopy is expected to grow at a remarkable CAGR of 8.7%, owing to the minimal invasive nature, more detailed images, and simple equipment designed of vitamin pill size used widely for imaging entire small intestine specifically. • Gastrointestinal endoscopy application is projected to grow at a high CAGR of 6.8%. • U.S. alone contributed over 94% market share in North America of endoscopy devices market in 2015. • Japan is the major shareholder in Asia-Pacific, accounting for around 54.5% of the Asia-Pacific endoscopy devices market. • North America is expected to dominate the endoscopy devices market, followed by Europe.

  5. Key players: • Olympus Corporation• HOYA Corporation• Fujifilm Holdings Corporation• Boston Scientific Corporation• CONMED Corporation• Stryker Corporation• Smith & Nephew Plc• Medtronic Plc• KARL STORZ GmbH & Co. KG• Johnson & Johnson.

  6. Application • Bronchoscopy • Arthroscopy • Laparoscopy • Urology endoscopy • Neuroendoscopy • Gastrointestinal endoscopy • Obstetrics/gynecology endoscopy • ENT endoscopy • Others • By Product • Endoscopes    • Endoscopy devices • By flexibility   • Flexible endoscopes • Rigid endoscopes • By type          • Cystoscopes • Neuroendoscopes • Urology endoscopes • Arthroscopes • Laparoscopes • OB/GN endoscopes

  7. Endoscopy Devices Market by Product (Endoscopes, Visualization & Documentation Systems, Mechanical Endoscopy Equipment, Accessories, and Other Endoscopy Equipment), by Application (Bronchoscopy, Arthroscopy, Laparoscopy, Urology Endoscopy, Neuroendoscopy, Gastrointestinal Endoscopy, Obstetrics/Gynecology Endoscopy, ENT Endoscopy, and Others) and End User (Hospitals, Clinics, and Others) - Global Opportunity Analysis and Industry Forecasts, 2014-2022

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