The global endoscopy equipment market is segmented on the basis of product, application, end user, and region.
Based on product, the endoscopy equipment market is categorized into endoscopes, visualization systems, other endoscopy equipment, and accessories. The endoscopes segment is further divided into flexible, rigid, and capsule endoscopes. The visualization systems segment includes endoscopy cameras, camera heads, video convertors, transmitters & receivers, carts, and video recorders.
The other endoscopy equipment is classified into other electrical endoscopy equipment and other mechanical endoscopy equipment. The accessories of endoscopy equipment include cleaning brushes, surgical dissectors, needle forceps & needle holders, fluid flushing devices, light cables, biopsy valves, mouthpieces, and overtubes. In 2016, the endoscopes segment is estimated to account for the largest share of the endoscopy equipment market.
Based on application, the market is segmented into laparoscopy, gastrointestinal endoscopy, arthroscopy, obstetrics/gynecological endoscopy, urology endoscopy, bronchoscopy, mediastinoscopy, otoscopy, and laryngoscopy. The gastrointestinal endoscopy segment is expected to account for the largest share of the market in 2016.
Based on end user, the market is segmented into hospitals and ambulatory surgical centers (ASCs)/clinics. The hospital segment is expected to account for the largest share of the endoscopy equipment market in 2016.
On the basis of region, the global market is divided into North America, Europe, Asia-Pacific, and RoW (Latin America, the Middle East, and Africa). In 2016, North America is poised to account for the largest share of the endoscopy equipment market, followed by Europe and Asia-Pacific. However, the Asia-Pacific market is projected to grow at the highest CAGR during the forecast period and serve as a major revenue pocket for companies offering endoscopy equipment.
Rising investments, funds, and grants by government bodies worldwide, rising number of hospitals and growing hospital investments in the expansion of endoscopy instruments, growing patient preference for minimally invasive surgeries, technological advancements, favorable reimbursement coverage in selected countries slated to propel the capsule endoscopy market, rising geriatric population, and rising prevalence of diseases that require endoscopy procedures are major factors driving the endoscopy equipment market.
Some major players in the global endoscopy equipment market include Ethicon, Inc. (U.S.), Olympus Corporation (Japan), Fujifilm Holdings Corporation (Japan), KARL STORZ GmbH & Co. KG (Germany), Medtronic plc (Ireland), Stryker Corporation (U.S.), Boston Scientific Corporation (U.S.), Pentax Medical Corporation (Japan), Smith & Nephew plc (U.K.), Richard Wolf GmbH (Germany), and Cook Medical Incorporated (U.S.).
About MarketsandMarkets: MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact: Mr. Rohan MarketsandMarkets 701 Pike Street Suite 2175, Seattle, WA 98101, United States Telephone No : 1-888-600-6441
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Biotechnology & Pharmaceuticals resource center today to browse our selection of 600+ complimentary Biotechnology & Pharmaceuticals magazines, white papers, webinars, podcasts, and more. Get popular titles including:
