According to the report “Global Endoscopy Device Market”, published by Market Data Forecast, the global market is projected to reach USD 37.40 billion by 2021, at a CAGR of 6.80 % from 2016 to 2021.
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Endoscopy is a technology that has altered the viewpoint of identifying diseases and the way surgeries were achieved previously and are receiving attention across the world.
Endoscopy consists of methods which are cost-effective ensuing in fewer complications post-surgery and negligible scars in the body. These surgeries also decrease the length of stay of the patient at the hospital. Devices such as endoscopes, visualization systems, and operative devices give direct insight inspection of the organs, unlike other medical imaging tools.
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The factors impacting the Global Market for Endoscopy Device Market, either positively or negatively are presented in the DROC analysis. Factors such as growing number of hospitals, increasing investments, and grants by administration bodies worldwide, growing patient predilection for minimally invasive operations, technological advancements, favourable reimbursement coverage in certain countries, growing geriatric population are driving the growth of the global Endoscopy Devices market.
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For granular level understanding the Endoscopy Device Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segment.
- Visualization Systems
- Endoscopy Equipment
- GI Endoscopy
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Based on geography, the report contains a wide array of countries covering all around the globe. Countries like USA, Canada, U.K., Spain, Germany, Italy, India, China, South Africa, Israel and Brazil are identified as the predominant markets for Endoscopy Device . For more of regional analysis check out the following reports.
- North America Endoscopy Device Market
- Europe Endoscopy Device Market
- Asia-Pacific Endoscopy Device Market
- Latin America Endoscopy Device Market
- Middle East and Africa Endoscopy Device Market
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The major companies dominating the Endoscopy Devices market are Ethicon, Stryker Corporation, Karl Storz GmbH, Boston Scientific Inc., Olympus Corporation, Covidien Plc, Smith and Nephew Inc., Fujifilm Holding Corporation.
The Endoscopy Device market study offers the following deliverables:
- Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming
- Segment-level analysis on basis of type, application, end-user along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of macro and micro environmental factors that effect the global market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
- A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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