According to the latest market research report title “Endoscopy Equipment Market By Product (Endoscopes, [Rigid, Flexible, Capsule, Disposable, Robot-assisted], Visualization System, [Endoscopic Camera, Standard Definition (SD) Visualization System, High Definition (HD) Visualization System,] Accessories, Others (Fluid Flushing Device, Valves, etc.)), By Application (Gastrointestinal (GI) Endoscopy Equipment, Laparoscopy, Obstetrics/Gynecology Endoscopy Equipment, Arthroscopy, Urology Endoscopy Equipment (Cystoscopy), Bronchoscopy, Others (ENT Endoscopy Equipment, Neuro Endoscopy Equipment, etc.)), By End User (Hospitals, Ambulatory Care Centers, Specialty Clinics), By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific)–Forecast to 2024″, published by MarkNtel Advisors, The Global Endoscopy Equipment Market size is valued at around USD 29.81 billion in 2023 and is estimated to grow at a CAGR of about 7.12% during the forecast period, i.e., 2024-30.
The data present in the report exhibit from the historic years (2019-22) and the base year (2023) to put together estimations for the forecast period (2024-30). In the study, our researchers put together reliable, unbiased, and accurate data to enlighten investors about fluctuations in the industry & anticipations on what to expect in the future. Since the industry is dynamic and highly fragmented, this report enables the prominent players to make strategic moves associated with their investments in the coming years.
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Global Endoscopy Equipment Market Driver:
Growing Preference for Minimally Invasive Surgeries for Chronic Disorders – The demand for endoscopy equipment has been experiencing a substantial surge owing to a rise in minimally invasive surgeries. This is mainly due to the growing awareness among patients grappling with a range of health issues, such as orthopedic disorders, neurological conditions, GERD, cancer, and others. Due to this, patients are increasingly inclined towards minimally invasive surgical (MIS) procedures as they offer numerous advantages, such as reduced postoperative discomfort, quicker recovery times, and shorter hospital stays. These benefits enhance the effectiveness of treatments and provide more cost-efficient and safer treatment compared to conventional open surgeries.
Consequently, there is a rapid demand for endoscopic equipment. This heightened demand is fueled by the need to diagnose and treat the substantial patient population dealing with chronic disorders, hence collectively enhancing the Global Endoscopy Equipment Market size during 2024-30.
Endoscopy Equipment Market Segmentation
The Endoscopy Equipment Market is highly robust and fragmented into numerous segments;
By Product
-Endoscopes- Market Size & Forecast 2019-2030, USD Million
–Rigid- Market Size & Forecast 2019-2030, USD Million
–Flexible- Market Size & Forecast 2019-2030, USD Million
–Capsule- Market Size & Forecast 2019-2030, USD Million
–Disposable- Market Size & Forecast 2019-2030, USD Million
–Robot-assisted- Market Size & Forecast 2019-2030, USD Million
-Visualization System- Market Size & Forecast 2019-2030, USD Million
–Endoscopic Camera- Market Size & Forecast 2019-2030, USD Million
–Standard Definition (SD) Visualization System- Market Size & Forecast 2019-2030, USD Million
–High Definition (HD) Visualization System- Market Size & Forecast 2019-2030, USD Million
-Accessories- Market Size & Forecast 2019-2030, USD Million
-Others (Fluid Flushing Device, Valves, etc.)- Market Size & Forecast 2019-2030, USD Million
By Application
-Gastrointestinal (GI) Endoscopy Equipment- Market Size & Forecast 2019-2030, USD Million
-Laparoscopy- Market Size & Forecast 2019-2030, USD Million
-Obstetrics/Gynecology Endoscopy Equipment- Market Size & Forecast 2019-2030, USD Million
-Arthroscopy- Market Size & Forecast 2019-2030, USD Million
-Urology Endoscopy Equipment (Cystoscopy)- Market Size & Forecast 2019-2030, USD Million
-Bronchoscopy- Market Size & Forecast 2019-2030, USD Million
-Others (ENT Endoscopy Equipment, Neuro Endoscopy Equipment, etc.)- Market Size & Forecast 2019-2030, USD Million
By End User
-Hospitals- Market Size & Forecast 2019-2030, USD Million
-Ambulatory Care Centers- Market Size & Forecast 2019-2030, USD Million
-Specialty Clinics- Market Size & Forecast 2019-2030, USD Million
By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
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Key Players Operating in the Endoscopy Equipment Market: –
Medtronic Plc (Covidien)
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Olympus Corporation
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
PENTAX Medical (HOYA)
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Richard Wolf GmbH
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Key Questions Answered:
- What is the projected CAGR of the Endoscopy Equipment Market during the forecast period?
- Which segment is expected to lead the Endoscopy Equipment Market?
- Who are the prominent players driving market growth?
Key Offerings:
- Market Share, Size, and Revenue Forecast
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Landscape: Leading key players and other prominent participants
About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfilled their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.
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