Endoscopy Market trends research and projections for 2018-2024 PowerPoint PPT Presentation

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Title: Endoscopy Market trends research and projections for 2018-2024


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Endoscopy Market growth outlook with industry
review and forecasts
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Endoscopy Market
  • Endoscopy Market size is set to exceed USD 40
    billion by 2024 according to a new research
    report by Global Market Insights.
  • Increasing geriatric population in developing
    countries such as Japan, China India will act
    as highly impacting factor for endoscopy market
    growth. Elderly people are highly susceptible to
    suffer from chronic conditions due to poor
    immunity thereby leading to increase in demand
    for minimally invasive endoscopy procedures.
    According to National Home Infusion Association
    (NHIA), nearly 92 of elderly people suffer from
    at least one chronic disease while 77 suffer
    from 2 or more chronic diseases thereby
    accelerating endoscopy business growth.
  • Rising incidences of gastrointestinal diseases
    such as constipation among geriatric and
    pediatric population will stimulate industry
    growth over the forecast period. Development of
    innovative endoscopy devices have resulted
    positively in adoption rate of these devices.

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Continued...
  • Development of cost-efficient disposable
    endoscope has promoted ease and convenience for
    performing endoscopy procedures that has enhanced
    market growth in developing economies such as
    China. However, dearth of skilled endoscopists
    and physicians to perform endoscopy procedures
    will hinder growth of endoscopy market over the
    forecast period.
  • Endoscopes accounted for largest revenue share in
    2017 due to rising prevalence of chronic
    conditions such as cancer and gastrointestinal
    ailments coupled with technological advancements
    in endoscope enabling minimally invasive
    endoscopic surgery. Minimally invasive procedure
    offers several benefits including reduced
    hospital stays, less blood loss due to smaller
    incisions, lower risk of long-term surgical
    scars, faster recovery and higher patient
    outcomes, thus fueling industry growth.

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Browse Full Market Research Report On Endoscopy
Market _at_ https//bit.ly/2MxT75V Request for a
Sample of this Research Report _at_ https//www.gmins
ights.com/request-sample/detail/2655
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360 Analysis
  • Application Trends
  • GI endoscopy accounted for over 40.0 market
    share in 2017 and is anticipated to continue
    dominating the industry over the upcoming years.
    Escalating burden of gastrointestinal disorders,
    leading to increased demand for upper as well as
    lower GI endoscopy procedures will drive segment
    growth.
  • Regional Trends
  • North America endoscopy market held largest
    market share in 2017 and is anticipated to
    witness robust growth during the forecast period
    due to high technological adoption and growing
    geriatric population susceptible to various
    infections. High preference shown by geriatric
    patient population towards non-invasive surgical
    procedures have enhanced North America endoscopy
    market growth.
  • Competitive Market Share
  • Major industry players operating in endoscopy
    market are B.Braun, Boston Scientific, Conmed
    Corporation, Cook Medical LLC, Ethicon US, LLC,
    Fujifilm Corporation, Hoya Corporation, Storz,
    Medtronic, Olympus Corporation, Richard Wolf
    GmbH, Smith Nephew PLC and Stryker.


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