Endoscopy Equipment Market

23 May


Endoscopy Equipment Market Poised to Grow at a CAGR of 4% by 2024

  • By admin

  • January, 1970

Infinium Global Research has added a new report on Endoscopy Equipment Market. The report presents analysis of global as well as regional markets of endoscopy equipment market over the period of 2016 to 2024. Endoscope equipment is a device used for complete diagnostic and can be inserted into hollow cavities and visceral organs of the body such as lungs, brain, abdomen, gastrointestinal (GI) tract and other tissue and organs. The endoscope is done to scan abdominal pain, digestive tract bleeding, and other abdominal & gastrointestinal conditions. The technology of endoscopy has changed the view of detecting diseases. The way surgeries were performed earlier were highly invasive and are gaining attention across the world. This technology results in fewer complications in post-surgery and reduces scars on the body. These surgeries diminish the length of stay at the hospital and provide accurate diagnostic. Endoscopy equipment gives a direct vision of the organs, unlike other medical imaging devices.

In addition, technological advancement in visualization, surgical and diagnosis endoscopic treatment and growth in consciousness of endoscopic technologies are driving the demand for endoscopy equipment market. Further, its advantages among the patients and medical specialists are also boosting the market growth. Besides, the nonsurgical use of endoscopy systems has been a key factor motivating the demand from the endoscopy equipment market. On the other side, lack healthcare infrastructure in developing and underdeveloped regions coupled with skilled technicians are likely to hamper the growth of endoscopy equipment market.

In terms of geographies, North America dominates the growth of the endoscopy equipment market followed by Europe region. The Asia Pacific is the fastest growing region in this market. Further, North America region is driven by the factors such as favorable reimbursement policies, increasing occurrence of cancer and growing investments by hospitals to purchase new endoscopic equipment. In the Europe region, factors such as growing research activities to improve endoscopy are contributing to the growth of the endoscopy equipment market. Additionally, in Asia Pacific region upsurge in demand for least invasive surgeries, growing disposable incomes, affordable solutions and increase funding in R&D in the advanced diagnostics field are boosting the growth in Asia Pacific region for endoscopy equipment market. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global endoscopy equipment market  but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.


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The recent report identified that North America dominated the global endoscopy equipment market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the endoscopy equipment market worldwide.


The report segments the global endoscopy equipment market on the basis of Product and End User.


Global Endoscopy Equipment Market by Product 

·         Flexible Endoscopes

·         Capsule Endoscopes

·         Rigid Endoscopes

·         Robot-assisted Endoscopy


Global Endoscopy Equipment Market by End User

·         Diagnostic Centers

·         Hospitals

·         Specialized Clinics


Companies Profiled in the Report

·         Fujifilm Holdings Corporation 

·         Medtronic PLC

·         Stryker Corporation 

·         Boston Scientific Corporation

·         Arthrex, Inc.

·         Karl Storz GmbH & Co. Kg 

·         Olympus Corporation 

·         Smith & Nephew PLC

·         Cook Medical, Inc.

·         B. Braun Melsungen AG


About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.