Endoscope is an instrument introduced in the body for the internal examination of organs & vessels, known as endoscopy, while preventing larger incisions in the body. It consists of a flexible tube with an attached camera, and is inserted in the body through an opening, such as mouth. The key factor that drives the market growth include rise in geriatric population, increase in awareness regarding minimally invasive surgeries, rise in technological advancements, and high prevalence of diseases requiring endoscopic diagnosis. However, lack of skilled professionals and infections caused by unsterile endoscopes are expected to hamper the market growth.
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The global endoscopes market is segmented on the basis of product type, application, and geography. Based on product, it is classified into flexibility and type of endoscope, including capsule endoscopes, robot-assisted endoscopes, and visualization equipment. Based on application, it is categorized into laparoscopy; gastrointestinal (GI)endoscopy; bronchoscopy; arthroscopy; urology endoscopy; cystoscopy; gynecology endoscopy; neuroendoscopy; sigmoidoscopy; ear, nose, and throat (ENT) endoscopy; and others.
Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The report provides a comprehensive analysis of the key players operating in the global endoscopes market are Artherx Inc., Boston Scientific Corporation, Conmed Corporation, Cook Medical, Covidien PLC., Fujifilm Holding Corporation, Hoya Corporation, Johnson & Johnson, Medtronic PLC., and Olympus Corporation.
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Key Market Benefits
- The study provides an in-depth analysis of the global endoscopes market, with current trends and future estimations to elucidate the imminent investment pockets.
- It presents a quantitative analysis from 2014 to 2022 to enable the stakeholders to capitalize on the prevailing market opportunities.
- Extensive analysis of the market by product type assists in understanding the availability of various forms of endoscopes.
- Key players are profiled and their strategies are analyzed thoroughly, which predict the competitive outlook of the market.
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This post was originally published on Trading Herald