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Global Endoscopy Devices Market: Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019
Date:7/27/2014

and laparoscopies and flexible endoscopes have application in gastrointestinal, urology and other systems where rigid endoscope may not reach. Modern endoscopes called as videoscopes have a "chip-on-tip" which deliver better image quality and are more durable. Fiberoptic endoscopes are fragile and delicate, hence get damaged easily. This is a major driver for videoscopes market and the technology is expected to replace fiberoptic and rod-lens systems in the near future. Consistent technological advances have added new products to the market and expanded boundaries of the endoscopy devices market. Capsule endoscopes and robot assisted endoscopes have revolutionized the endoscopy market.

The capsule shaped devices possess built-in camera unit and wireless transmission system which delivers high quality images to external receiver as they pass through the gastrointestinal tract. The device has made diagnosis of gastrointestinal tract more efficient as the capsule is able to deliver images for intestinal areas where flexible endoscope cannot reach. Given Imaging (acquired by Covidien) accounts for about 85% of the global capsule endoscopy market share. Other key players in the capsule endoscopy market include Olympus, IntroMedic and Jinshan Medical. Intuitive Surgical leads the robot assisted endoscopy market with its flagship Da Vinci surgical system. Other companies making their mark in the robot assisted endoscopy market include Endo Control, Inc., Olympus, Meere Company, Inc., MAKO Surgical and Titan Medical, Inc. Visualization systems have been a prominent area of technological advancements.

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