Endoscopy Equipment Market 2019 - Forecast to 2022
Endoscopy Equipment Market by Product (Endoscope (Flexible, Rigid, Capsule) Visualization Systems, Endoscopic Ultrasound, Insufflator)), Application (GI Endoscopy, Laparoscopy, Cystoscopy, Bronchoscopy, Colonoscopy, Arthroscopy) - Global Forecast to 2022
Endoscopy Equipment Market by Product (Endoscope (Flexible, Rigid, Capsule) Visualization Systems, Endoscopic Ultrasound, Insufflator)), Application (GI Endoscopy, Laparoscopy, Cystoscopy, Bronchoscopy, Colonoscopy, Arthroscopy) - Global Forecast to 2022
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<strong>Endoscopy</strong> <strong>Equipment</strong> <strong>Market</strong> by Product - Global<br />
<strong>Forecast</strong> <strong>to</strong> <strong>2022</strong><br />
Growth in the endoscopy equipment market is driven by fac<strong>to</strong>rs such as favorable<br />
government initiatives, rising number of hospitals and growing hospital<br />
investments in endoscopy facilities, technological advancements, and rising<br />
prevalence of diseases that require endoscopy.<br />
However, the high cost of endoscopy procedures & equipment and limited<br />
reimbursement in developing countries is expected <strong>to</strong> restrain the growth of this<br />
market during the forecast period.<br />
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The endoscopy equipment market is segmented on the basis of product,<br />
application, end user, and region.<br />
On the basis of product, the global market is segmented in<strong>to</strong> endoscopes,<br />
visualization equipment, other endoscopy equipment, and accessories.<br />
Endoscopes are expected <strong>to</strong> account for the largest share of the market in 2017<br />
and this segment is also estimated <strong>to</strong> grow at the highest CAGR during the<br />
forecast period.<br />
The dominant market share and growth rate of this segment can be primarily<br />
attributed <strong>to</strong> the rising adoption of minimally invasive procedures, increasing<br />
technological advancements, and disposable endoscopes and the subsequent<br />
need <strong>to</strong> repeat the purchase of these single-use products.
Target Audience:<br />
• Endoscopes and related devices manufacturing companies<br />
• Suppliers and distribu<strong>to</strong>rs of endoscopy devices<br />
• Hospitals, diagnostic centers, and medical colleges<br />
• Independent surgeons and private offices of physicians<br />
• Ambula<strong>to</strong>ry surgery centers<br />
• Teaching hospitals and academic medical centers<br />
• Government bodies/municipal corporations<br />
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