The analysts forecast the Global Endoscopy Devices Market to grow at a CAGR of 6.23% during the period 2018-2022.
Endoscopy is a procedure that permits the examination, diagnosis, and treatment of the internal parts of the body such as the gastrointestinal tract, ear, nose, and throat, and in gynecology. This procedure aids in detecting in numerous chronic diseases or conditions and is also used for biopsy purposes.
The high growth potential in emerging markets will be one of the key trends boosting the market growth. Several vendors in the market are shifting from developed economies to emerging economies owing to the tremendous growth opportunities, including access to capital, first-mover advantage, better economic growth, government initiatives, and improved healthcare infrastructure to increase their presence and earn higher revenue.
The increasing volume of endoscopy procedures coupled with growing target population will drive the market growth. The rising incidence of various chronic conditions due to changing lifestyle and growing elderly population, will drive the demand for endoscopy devices. In the US, one in four adults were suffering from two or more chronic health conditions such as arthritis, IBD, Crohn's disease, and ulcerative colitis.
The report states that the risks and complications associated with endoscopy will impact the market growth. The procedure of endoscopy is consequent in several risks and complications such as perforation or a tear in organs like the stomach or lining of the esophagus, bleeding, or infections. Several other signs and symptoms after endoscopy procedures include fever, chest pain, bloody or black colored stools, difficulties in swallowing, abdominal pain, vomiting, and shortness of breath.
- B. Braun Melsungen
- KARL STORZ
Key Topics Covered:
01. Executive Summary
02. Scope Of The Report
03. Research Methodology
04. Market Landscape
05. Market Sizing
06. Five Forces Analysis
07. Market Segmentation By Application
08. Market Segmentation By Product
09. Customer Landscape
10. Regional Landscape
11. Decision Framework
12. Drivers And Challenges
13. Market Trends
14. Vendor Landscape
15. Vendor Analysis
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