The global endoscopy equipment market was valued at USD 24.32 Billion in 2016 and is projected to reach USD 34.82 Billion by 2022, at a CAGR of 6.4% during the forecast period.
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Base year considered for the report is 2016 and the forecast period considered for this report is 2017–2022.
Stakeholders of the Endoscopy Equipment Market
- Endoscope and Related Device Manufacturing Companies
- Suppliers and Distributors of Endoscopy Devices
- Hospitals and Medical Colleges
- Independent Surgeons and Private Offices of Physicians
- Ambulatory Surgery Centers
- Teaching Hospitals and Academic Medical Centers (AMCs)
- Government Bodies/Municipal Corporations
- Business Research and Consulting Service Providers
- Venture Capitalists
Growth in the endoscopy equipment market is driven by factors such as favorable government initiatives, rising number of hospitals and growing hospital investments in endoscopy facilities, technological advancements, and rising prevalence of diseases that require endoscopy.
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However, the high cost of endoscopy procedures & equipment and limited reimbursement in developing countries is expected to restrain the growth of this market during the forecast period.
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Endoscopes segment is expected to account for the largest share of the global endoscopy equipment market, by product. In 2016, the gastrointestinal endoscopy segment is expected to account for the largest share of endoscopy equipment market, by application.
The hospitals segment is expected to account for the largest share of the endoscopy equipment market, by end user.
Endoscopy Equipment Market, By End User
3 Ambulatory Surgery Centers/Clinics
Pricing Assessment of Endoscopy Devices
2 Endoscopy Systems: Average Selling Price Contribution of Equipment
3 Average Selling Price for Endoscopy Systems
4 Average Selling Price Variation Assessment
Report includes study of key players offering endoscopy equipment such as Ethicon, Inc. (U.S.), Olympus Corporation (Japan), Fujifilm Holdings Corporation (Japan), KARL STORZ GmbH & Co.
KG (Germany), Medtronic plc (Ireland), Stryker Corporation (U.S.), Boston Scientific Corporation (U.S.), Pentax Medical Corporation (Japan), Smith & Nephew plc (U.K.), Richard Wolf GmbH (Germany), and Cook Medical Incorporated (U.S.).
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North America’s large share can be attributed to favorable reimbursement scenario in U.S., increasing incidence of cancer in U.S. and Canada, research on new technologies in U.S., & implementation of a new funding model for Canadian hospitals.
It aims at estimating the market size and future growth potential of this market across different segments such as product, application, end user, and region.
2 Market Share Analysis
3 Strategic Analysis
4 Competitive Situation and Trends
5 Other Developments
In coming years, endoscopy equipment market is expected to witness highest growth in Asia-Pacific region, with emphasis on India, China, and Japan. High growth in India and China can be attributed to government and venture capital investments in China in the field of endoscopy, endoscopy research support in Japan, and increasing number of endoscopic surgeries & improving endoscopy infrastructure in India.
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