Technavio Announces the Publication of its Research Report Global Rigid Endoscopes Market 2017-2021
Technavio recognizes the following companies as the key players in the global rigid endoscopes market: KARL STORZ, Olympus, Stryker, Richard Wolf, and B. Braun MelsungenOther Prominent Vendors in the market are: Arthrex, asap endoscopic products, Blazejewski MEDI-TECH, CONMED, dantschke Medizintechnik, Ecleris, HMB Endoscopy Products, Happersberger otopront, Henke-Sass, Wolf, Hoya, HUGER Medical Instrument, Inscope Medical, Integrated Endoscopy, LABORIE, Maxer Medizintechnik / Maxerendoscopy, NeoScope, Optomic, SCHINDLER ENDOSKOPIE TECHNOLOGIE, Smith & Nephew, STERIS, Truphatek, Vimex Sp.
Z oo, and XION Medical.Commenting on the report, an analyst from Technavios team said: The latest trend gaining momentum in the market is Emergence of 4K rigid endoscopes. In past two decades, the rigid endoscope has seen a few changes but the changes are remarkable and have created a bench mark for the sales of these endoscopes in the highly competitive environment.
The recent technology addition is the introduction of the 4K UHD rigid endoscopes that offer superior imaging technology, which is 16 folds superior than the existing 2K high definition technology. 4K technology provides specific improvements in terms of clarity and visualization due to the increase in resolution.
These 4K UHD rigid endoscopes have created the repel in technology in terms of the resolution and are advancing imaging technology with the introduction of 4K imaging platforms.
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According to the report, one of the major drivers for this market is Technology bloom. The rise in technological advances has created an upheaval as significant changes were observed in designing rigid endoscopes.
The designing of small-sized endoscopes has given the upper hand to the manufacturer to increase the sales owing to the several advantages such as reduced patient trauma and less blood loss and recovery time. The changes in the rigid endoscopes technology are very few but they are evident and technologically advanced.
For instance, the introduction of the first single use arthroscope, which has given the new option for facilities to manage the costs and eliminate the time-consuming reprocessing of rigid endoscopes.
Further, the report states that one of the major factors hindering the growth of this market is Growing popularity of refurbished rigid endoscopes. The rapid changing healthcare demand by the growing complexities of the new procedures pose challenge to the manufacture in terms of R&D and end users for prohibitive costs.
For end users, its difficult to take a decision about investing in new major medical devices. To combat that, refurbished rigid endoscopes is an attractive option for many end-users, who are eager to cut down the extreme costs, yet can obtain the necessary medical devices.
The steady growth in the sales of the refurbished equipment indicates that a sizable number of customers prefer to buy them. The manufacturers of new endoscopes are facing intense competition from the vendors offering a broad range of refurbished rigid endoscopes.
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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.About Rigid EndoscopesEndoscopy is a minimally invasive (MI) procedure used for diagnosis, prevention, and treatment of complications in the internal organs.
During the procedure, an endoscope is inserted into the patient's body either through natural cavities or through a small incision. The camera and the light source at the tip of the endoscope allow the physician to view the organ of interest.
Most endoscopic procedures are performed in the physician's office or an outpatient setting. The benefits of endoscopy include low cost, speedy recovery, and less diagnosis time.
Therefore, many countries provide reimbursement programs and private health insurance companies encourage patients to opt for endoscopic procedures instead of open surgery.Technavios analysts forecast the global rigid endoscopes market to grow at a CAGR of 5.54% during the period 2017-2021.Covered in this report
The report covers the present scenario and the growth prospects of the global rigid endoscopes market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of rigid endoscopes.The market is divided into the following segments based on geography:
EMEATechnavio's report, Global Rigid Endoscopes Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
The report also includes a discussion of the key vendors operating in this market.
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B. Braun Melsungen
Other prominent vendors
asap endoscopic products
HMB Endoscopy Products
Hoya (PENTAX Medical)
HUGER Medical Instrument
Maxer Medizintechnik / Maxerendoscopy
SCHINDLER ENDOSKOPIE TECHNOLOGIE
Smith & Nephew
Truphatek (subsidiary of Teleflex)
Vimex Sp. Z oo
For a full, detailed list, view our report Market challenge
Growing popularity of refurbished rigid endoscopes
For a full, detailed list, view our report Market trend
Emergence of 4K rigid endoscopes
For a full, detailed list, view our report Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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