Global Endoscopy Devices Market to Reach $45.39 Billion by 2026 at 5.4% CAGR

Rise in prevalence rate of diseases that require endoscopy devices, technological advancements, and growth in patient preference for minimally invasive surgeries drive the growth of the global endoscopy devices market. Based on region, North America held the lion’s share contributing the highest revenue of the total market share in 2018.


Portland, OR, Oct. 31, 2019 (GLOBE NEWSWIRE) -- The global endoscopy devices market fostered $30.01 billion in 2018 and is projected to garner $45.39 billion by 2026, growing at a CAGR of 5.4% from 2019 to 2026. The report offers a detailed analysis of the key segments, top investment pockets, changing dynamics, market size & estimations, and competitive scenario.

Request Report Sample at https://www.alliedmarketresearch.com/request-sample/1483

The surge in prevalence rate of diseases that require endoscopy devices, technological advancements, and growth in patient preference for minimally invasive surgeries are the major factors that drive the growth of the global endoscopy devices market. Furthermore, less recovery time and nominal postoperative complications, and favorable FDA approvals and reimbursement policies in developed countries supplement the market growth. On the other hand, the scarcity of trained physicians and endoscopies and infections due to few endoscopes hamper the market growth. However, emerging economies to offer lucrative opportunities and unmet medical demands in developing countries provide lucrative opportunities for the market.

On the basis of the product type, the market is bifurcated into endoscopes, visualization & documentation systems, mechanical endoscopy equipment, accessories, and others. The endoscopes segment held the highest position accounting for more than one-third of the total market share in 2018 and is expected to dominate throughout the forecast period. However, the accessories segment is estimated to project the fastest CAGR of 8.2% from 2019 to 2026.

On the basis of hygiene, single-use, reprocessing, and sterilization. The reprocessing segment held the largest revenue, contributing nearly half of the total market share in 2018 and will maintain its dominance throughout the forecast period. However, the single-use segment is estimated to register the highest CAGR of 6.2% from 2019 to 2026.

On the basis of region, North America held more than one-third of the total market share in 2018 and will maintain its dominance throughout the forecast period. However, the Asia-Pacific region is estimated to register the highest CAGR of 6.4% from 2019 to 2026. The report also includes analysis of other regions including Europe and LAMEA.

For Purchase Enquiry at https://www.alliedmarketresearch.com/purchase-enquiry/1483

Leading market players analyzed in the research include

  • Olympus Corporation
  • HOYA Corporation
  • Fujifilm Holdings Corporation
  • Stryker Corporation
  • Medrobotics Corporation
  • Boston Scientific Corporation
  • Johnson & Johnson
  • CONMED Corporation
  • Smith & Nephew, Plc
  • Karl Storz GmbH & Co. KG, and
  • Medtronic Plc.

They have adopted different strategies such as mergers & acquisitions, partnerships, collaborations, new product launches, and others to gain a strong position in the global industry.


Related Report:

Drug Abuse Testing Market - Global Opportunity Analysis and Industry Forecast, 2018 – 2025

"Significant rise in incidence of drug abuse across the globe supplement the need for drug abuse testing. Moreover, rise in governmental regulations regarding the tests of drug abuse in various fields such as sports, workplaces and others further boost the growth of the market."


Immune Checkpoint Inhibitors Market - Global Opportunity Analysis and Industry Forecast, 2018-2025

“Increase in prevalence of cancer and high efficacy of immune checkpoint inhibitors play a major role in the growth of the market. Furthermore, increase in awareness of checkpoint inhibitor drugs in the developing countries is expected to boost their demand in the coming years.”

About Us:

Allied Market Research (AMR) is a full-service market research and business -consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.


            

Contact Data