The Global Endoscopy Device Market is expected to grow at a CAGR of 6.3% during the forecast period 2017-2023.Growing popularity of Non-robotic minimally invasive surgery or endoscopic surgery has boosted the Global Endoscopic Devices Market to the new extent. The major benefits associated with endoscopic surgical procedures are small or no incision, short hospital stay, less pain, quick recovery time, less scarring, and reduction in blood loss.

According to the 2014 European Union statistics, bronchoscopy and colonoscopy were the most common surgical procedures opted for diagnosis and treatment purpose in European region. The frequency of diagnostic bronchoscopies was higher in Croatia, whereas, high frequency for colonoscopy was observed in the UK, Malta, Ireland, Belgium, France, and Denmark.

On cosmetic front, endoscopic surgery is also preferred to optimize cosmetic outcome. Endoscopy-assisted breast surgery (EABS) was initially used to facilitate breast augmentation but now this procedure can be used to assist in sentinel node biopsy, to excise benign breast tumors, and to resect malignant breast tumors.

Endoscopy Device Market - Major Players

Some of the key players in this market are Cogentix Medical, Integrate Endoscopy, J&J services Inc, Shaili Endoscopy, Interscope Inc., Cantel Medical, Micro-Tech Endoscopy, Cognetix, Stryker, OLYMPUS, KARL STORZ Gmbh & Co. KG, FUJIFILM, PENTAX MEDICAL, and RICHARD WOLF.

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Endoscopy Device Market - Segmentation

The global endoscopy device market is segmented on the basis of type, therapy, treatments & procedures, application, accessory & processors, and end user.

On the basis of type, it is segmented into flexible endoscopes, rigid endoscopes, capsule endoscopes, surgical endoscopes, and robot-assisted endoscopes.

On the basis of therapy, it is segmented into colonoscopy, gastroscopy, arthroscopy, laparoscopy, sigmoidoscopy, endoscopic retrograde cholangiopancreotography, ureteroscopy, and cystoscopy

Endoscopy Device Market - Regional Analysis

The Americas dominates the global endoscopy device market owing to the presence of strong economic condition, huge development in the healthcare domain, and focus of research institutions on updating technology for new and advanced diagnosis and treatment methods. Moreover, advanced hospitals infrastructures, and availability of skilled healthcare professional adding fuel to the growth of the market.

Europe holds the second position in the market on the basis of increasing emphasis on rapid diagnosis and treatment of cancer, and gastrointestinal diseases, changing lifestyle, increasing prevalence of cancer among geriatric population. As per Organization for Economic Co-operation and Development (OECD), Germany spent 11% of the total GDP on healthcare in 2013, which was 10.8% in 2012, which drives the growth of the market in this region. 

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Asia Pacific is the fastest growing market owing to more number of developing nations present in this region, for instance, countries like India and china. These countries are encouraging the growth of the healthcare domain. Furthermore, increasing patient population of cancer and gastrointestinal diseases in developing countries will directly increase the demand for various diagnosis & treatment methods, which, in turn, will boost the growth of the market.    

The Middle East & Africa is expected to hold the least market share due to less availability of medical facilities, and less development in the healthcare domain. However, countries such as Qatar and Kuwait are focusing more on the healthcare domain and developing medical facilities, which will boost the market of this region.  

Some of Major Table of Contents for Endoscopy Device Market Research Report - Global Forecast till 2023

1 REPORT PROLOGUE

2 MARKET INTRODUCTION

2.1 Introduction

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations 

2.3 Market Structure

3 RESEARCH METHODOLOGY

3.1.1 Primary Research Methodology

3.1.2 Secondary Research Methodology 

3.1.3 Market Share Analysis

3.1.4 Trade Analysis

3.1.5 Market Pricing Approach

4 MARKET DYNAMICS

…..Continued

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Taste the market data and market information presented through more than 296 market data tables and figures spread over 251 pages of the project report. Avail the in-depth table of content TOC & market synopsis on “endoscopy device market research report–Global forecast till 2023.”

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