The Endoscopes Market To Witness An Effervescence Of Growth In The Next Decade

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Endoscopes Market
Report Id PMRREP31385 Category Life Science
Healthcare
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The Endoscopes Market To Witness An Effervescence
Of Growth In The Next Decade

• Endoscopes are gaining significant demand for
  arthroscopy, bronchoscopy, colonoscopy, and
  cystoscopy procedures. The shift toward
  minimally-invasive surgeries compared to open
  surgeries is likely to increase demand for
  endoscopes. Key stakeholders are introducing
  capsule endoscopes, robot-assisted endoscopes,
  and disposable endoscopes to overcome few
  drawbacks of conventional endoscopes. For
  instance, in July 2015, Medrobotics Corporation
  received FDA clearance for its Flex Robotic
  System for sale in the United States. Also,
  international medical device manufactures are
  concentrating on entering the capsule and
  robot-assisted endoscopes market. For example,
  Medtronic now holds a leading market share in the
  capsule endoscopes market after its acquisition
  of Given Imaging Ltd.
• The global endoscopes market was valued at US
  11.8 Bn in 2019, and is expected to witness
  a CAGR of 6 during the forecast period
  (20202030).

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More Valuable Insights on Endoscopes Market
Endoscope manufacturers are focusing on product
portfolio expansion through partnerships and new
product launches. For instance, in May 2018,
FUJIFILM Holdings Corporation launched the
EB-530P Slim Video Bronchoscope and Radial Probe
EBUS System (PB2020-M). Moreover, manufacturers
are moving toward distribution agreements and
partnerships to expand their presence in the
global market. For example, in June 2018,
CapsoVision announced a U.S. distribution
partnership with Pentax Medical for capsule
endoscopy solutions CapsoCam Plus and
CapsoCloud across the country. Persistence
Market Research offers a unique perspective and
actionable insights on endoscopes in its latest
study, presenting historical demand assessment
of 20152019 and projections for 20202030, on
the basis of product (rigid endoscopes, flexible
endoscopes, capsule endoscopes, and
robot-assisted endoscopes), application
(gastrointestinal (GI) endoscopy, laparoscopy,
arthroscopy, obstetrics/gynecology endoscopy,
urology endoscopy (cystoscopy), ENT endoscopy,
bronchoscopy, mediastinoscopy, and others),
usability (reusable and disposable), and end user
(hospitals, ambulatory surgery centers, and
specialty clinics), across seven major regions.
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