Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global Endoscopy
Devices market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international Endoscopy Devices market. The research
also emphasizes on the impact of restraints, drivers, and macro indicators on
the regional and global Endoscopy Devices market over the short as well as long period of time. A detailed
presentation of forecast, trends, and dollar values of global Endoscopy
Devices market is offered. In accordance with the report, the global Endoscopy
Devices market is projected to expand at a CAGR of 4% over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
An endoscopy
is a medical procedure which investigates the internal hollow organs through a
combination of device and accessories. An endoscope is a device which consists
of a light at the end of the tube, and display system on the other end of the
tube through which the user can visualize the internal organ. The reflected
light from the internal organ is reflected back through the tube and captured
to the display system. In addition to diagnose, endoscopy procedure is also
used for therapeutic purpose as well.
The global Endoscopy Devices market is primarily driven
by the increasing cases of complicated disease such as cancer, gastrointestinal
disease, nasal disease and etc. According to the National Cancer Institute, the
new cases of cancer is around per 1 Million population per year. It was also
estimated that the prevalence of gastrointestinal disease is also 11% of the
total population with more than 30% of prevalence of gastrointestinal disease
among elderly population. In addition to growing concern of complicated
disease, technological advancement such as adoption of capsule endoscope may
lead the growth of the endoscopy devices market during the forecast period.
Technical failure and product recall may be the concerns
which would likely to hamper the growth of the global Endoscopy Devices market
in upcoming future. For instance, US Endoscopy Group Inc. recalled almost 483
units of endoscopy padlock clip in February 2019 due to the potential
esophageal laceration during a procedure.
Mergers and
acquisitions/joint ventures among key market players, and product launch will
open up the global Endoscopy Devices market to grow over the forecast period.
In July 2019, Key Surgical has shown intention to acquire Germany based
Institumed in order to broaden its endoscopy product portfolio. PANOSONIC
Corp., a reputed electronics company applied for patient protection on
endoscope insertion portion and lens in February 2019.
Segment Covered:
This market
intelligence report on the global Endoscopy Devices market encompasses market
segments based on product type, application and end user. On the basis of product
type, the sub-market is flexible, rigid, capsule and others (including robot
assisted). In terms of application, the global Endoscopy Devices market is classified gastrointestinal,
urology, laparoscopy, gynecology, arthroscopy, bronchoscopy, otoscopy and
others. Based on end user, the global Endoscopy Devices market has been
segregated into hospitals and ambulatory surgery centers, clinics and others. By
Geography, the global Endoscopy Devices market has been divided into North America
(the U.S., Canada), Latin America (Brazil, Mexico, Argentina and other
countries), Europe (Germany, France, the U.K., Spain, Italy, Russia, and other
countries), Asia Pacific (India, Japan, China, Australia and New Zealand and
other countries), Middle East and Africa (GCC, South Africa, Israel and Other
countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as Fujifilm holdings Corporation, Olympus,
PANASONIC, Corp, Karl Storz GmbH, Ricchard Wolf GmbH, Medtronic, Hologic,
Boston Scientific, Cook Medical, Ethicon (Johnson and Johnson), and others have been profiled into detail so
as to offer a glimpse of the market leaders. Moreover, parameters such as Endoscopy
Devices related investment & spending and developments by major players of
the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2017-2027. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Endoscopy
Devices market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2019 – 2027, taking into account 2018 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Endoscopy Devices market is done by taking into account various parameters such as
company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Fujifilm holdings Corporation, Olympus, PANASONIC, Corp,
Karl Storz GmbH, Ricchard Wolf GmbH, Medtronic, Hologic, Boston Scientific,
Cook Medical, Ethicon (Johnson and Johnson),
and among others
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Endoscopy Devices caters to the needs
of various stakeholders pertaining to this industry, namely suppliers, manufacturers,
investors, and distributors for Endoscopy Devices market. The research also caters to the rising needs of consulting
and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Endoscopy
Devices market
v
Identification
of key factors driving investment opportunities in the Endoscopy Devices market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants