Global Endoscopes Market: Market Insights and Forecast (2021-2026)

The Global Endoscopes Market has been analysed By Country (United States, Canada, Germany, United Kingdom, France, Italy, China, Japan, India, Australia).
DELHI, India - Nov. 25, 2021 - PRLog -- The Global Endoscopes or endoscopy devices market is projected to display a significant growth represented by a CAGR of 6.50% during 2021 - 2026. The global Endoscopes market was valued at USD 10.97 billion in the year 2020 with North America region leading the regional market share. Increasing preference for minimally invasive surgeries, rising prevalence of chronic diseases (cancer, heart diseases, gastrointestinal diseases ), aging population, increasing healthcare expenditure and introduction of new endoscopic products are the major factors that are expected to boost the demand of endoscopes in the region. Meanwhile, the demand in developed economies is already really high and the future growth is going to remain quite significant.

However, the Asia Pacific region is expected to witness lucrative growth over the forecast period owing to high demand for endoscopic procedures along with improving healthcare infrastructure that will drive the market for Endoscopes in the forthcoming years. Intense competition among endoscopes makers exists due to the increasing demand for endoscopes for various diagnostic and therapeutic procedures, coupled with technological advances. Increasing market demand is likely to encourage entry of new companies in the future, driven by the increasing awareness and acceptance of endoscopes and related technologies.

Scope of the Report
  • The report presents the analysis of Endoscopes Market for the historical period of 2016-2020 and the forecast period of 2021-2026.
  • The report analyses the Endoscopes Market by value (USD Millions).
  • The report analyses the Endoscopes Market by Product Type (Flexible Endoscopes, Rigid Endoscopes, Others).
  • The report analyses the Endoscopes Market by Application (GI endoscopy, Laparoscopy, Arthroscopy, Others)
  • The report analyses the Endoscopes Market  by End User (Hospitals, Ambulatory Surgical Centers, Others)
  • The Global Endoscopes Market has been analysed By Region (North America, Europe, Asia Pacific, LAMEA).
  • The report tracks competitive developments, strategies, mergers and acquisitions and new product developments. The companies analysed in the report include Olympus, Johnson & Johnson, Boston Scientific, Stryker Corporation, ConMed Corporation, Hoya Corporation, Medtronic, Steris Corporation, Fujifilm, Karl Storz SE.

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