Global Endoscopy Devices Market Current Demand, and Business Opportunities-The Insight Partners.
The global endoscopy devices market is expected to reach US$ 45,612.3 Mn in 2025 from US$ 26,333.3 Mn in 2017. The market is estimated to grow with a CAGR of 7.5% from 2018-2025.Endoscopy Devices Market - Global Analysis and Forecasts By Product, Application and End User. The report highlights the trends prevalent in the global endoscopy devices market and the factors driving the market along with those that act as deterrents to its growth.
The growth of the endoscopy devices market is primarily attributed to favorable government initiatives supporting endoscopic procedures. Moreover, the technological advancements by the players in the market is also expected to drive the growth of endoscopy devices market. However, high cost of endoscopic procedures and equipment is expected to obstruct the growth of endoscopy devices market. Moreover, the development of endoscopic robotic systems is expected to be trending in the endoscopy devices market during the forecast period.
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The report segments the global endoscopy devices market as follows:
Global Endoscopy Devices Market – By Product
Endoscopes
Rigid Endoscope
Flexible Endoscope
Capsule Endoscope
Visualization Systems
o Wireless Displays and Monitors
o Light Sources
o Video Processors
o Endoscopic Cameras
o Video Recorders
o Video Converters
o Carts
o Transmitters & Receivers
o Camera Heads
Other Endoscopy Equipment
o Electronic Instruments
Insufflators
Endoscopy Fluid Management Systems
Endoscopy Ultrasound
Other Electronic Devices
o Mechanical Instruments
Biopsy Forceps
Graspers
Snares
Torcars and Cannuals
Other Mechanical Instruments
Accessories
o Cleaning Brushes
o Overtubes
o Surgical Dissectors
o Light Cables
o Fluid Flushing Devices
o Needle Holders/needle forceps
o Mouth Pieces
o Biospy Valves
Global Endoscopy Devices Market – By Application
Laparoscopy
Gastrointestinal Endoscopy
Arthroscopy
Obstetrics/Gynecology
Urology Endoscopy
Bronchoscopy
Other Applications
The use of endoscopy devices come along with the risk of infections since the reusable ones are used multiple times. During the procedure the internal channels as well as the external surfaces are exposed to body fluids and contaminants. Flexible endoscopes are heat labile devices and hence, pose a challenge for disinfection. Stringent guidelines for the sterilization and reprocessing of endoscopes were developed by the ASGE and the Society for Healthcare Epidemiology of America. Various medical centers have reported instances of infections and other complications arising as a result of endoscopy. In rare cases, the patient may suffer from allergy caused due to exposure from dyes used in the procedure. However, the chances of developing infection due to CRE bacteria (carbapenem-resistant enterobacteriaceae) via ERCP duodenoscopes has been a matter of concern during recent years.
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List of Companies:
Olympus Corporation
STRYKER
Medtronic
KARL STORZ SE & Co. KG
Ethicon US, LLC.
Richard Wolf GmbH
Boston Scientific Corporation
Smith & Nephew
Cook
FUJIFILM Holdings Corporation
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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