Asia-Pacific Endoscopy Devices Industry by Product (Endoscopes-Flexible, Rigid, Capsule; Visualization Systems, Other Endoscopy Equipment-Electrical, Mechanical), by Application (Laparoscopy, Bronchoscopy, GI Endoscopy) and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)
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According to the report Asia Pacific Endoscopy Devices Industry, published by Market Data Forecast, The Industry was worth $4.33 billion in 2016 and estimated to be growing at a CAGR of 7.32%, to reach $6.16 billion by 2021.
Endoscopy has altered the viewpoint of recognizing diseases and the way in which surgeries were performed previously.
It consists of cost-effective methods which are succeeding in achieving fewer complications post-surgery and negligible scars in the body. Devices such as endoscopes, visualization systems, and operative devices give direct insight check-up of the organs, unlike other medical imaging procedures.
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Browse Industry data tables and in-depth TOC of the Asia Pacific Endoscopy Devices Industry to 2021 at www.marketdataforecast.com/market-…vices-market-724/
The growth of the Asia Pacific Endoscopy Devices Industry is mainly driven by factors such as growing number of hospitals, growing patient predilection for minimally invasive operations, technological advancements, growing geriatric population. However, issues such as lack of skilled professionals and infections acquired from unsterilized endoscopes are restraining the growth of the Industry in this region.
The Asia Pacific Endoscopy Devices Industry is segmented based on product and application. The Industry for Endoscopy Devices, on the basis of product, is segmented into Endoscopes, Visualization Systems, other endoscopy Equipment, and Accessories.
Endoscopes are further segmented into flexible, rigid, and capsule endoscopes. On the basis of Application, the asia-pacific Endoscopy Devices Industry is segmented into Laparoscopy, Bronchoscopy, GI Endoscopy.
The endoscopes segment accounts for the largest share of the Industry in 2015. This is attributed to the invention of technologically innovative endoscopes by manufacturers and increased public awareness.
The Asia Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. In the coming years, the Endoscopy Devices Industry is projected to witness the highest growth rate in the Asia-Pacific region, with emphasis on India, China, and Japan.
The high growth in India and China can be ascribed to the administrative investments in launching new endoscopy units in India and government and venture capital investments in China. Indonesia, Vietnam, and Malaysia, are some of the other significant players in this Industry.
The major companies dominating the Industry in this region are Ethicon, Stryker Corporation, Karl Storz GmbH, Boston Scientific Inc., Olympus Corporation, Covidien Plc, Smith and Nephew Inc., Fujifilm Holding Corporation.
Key Points from Table of Contents
- Executive Summary
- Key Inferences
- New Developments
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Asia Pacific Endoscopy Devices Industry: Segmentation
- By Product
- o By Endoscopes
- o Visualization Systems
- o Other Endoscopy Equipment
- By Application
- o Laparoscopy
- o Bronchoscopy
- o GI Endoscopy
- South Korea
- PESTLE analysis
- Porter’s Five analysis
Industry Leaders' Analysis
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