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

ent of chromoendoscopy has added another dimension to the evolving market of endoscopy. Three dimensional (3D) camera systems have improved the depth perception and hence reduced errors during surgery and which has further reduced the overall surgery time. Endoscopic ultrasound devices now allow doctors to effectively diagnose intestinal tract, which might be difficult to diagnose otherwise with traditional ultrasound devices. As the ultrasound device is close to the organ as, the images obtained are more accurate giving better examination of the intestinal tract.

Although various merits are propelling the endoscopy devices market, some factors impede the acceptance of several endoscopic devices. Prominent among these factors is the high cost of latest technology devices, which has delayed the penetration of these products in developing countries. Lack of skilled professionals is also a major concern for the market to develop. Considering various market dynamics, companies are eying Asian countries which mainly include India, China, and Japan for lucrative opportunities in future. Rapidly developing economic condition, improving healthcare sector, available disposable income, and large consumer base in emerging economies such as India, China, Brazil and South-East Asia due to high prevalence of diseases will drive the endoscopy devices market in these countries.

Key players in the market are Boston Scientific, Cook Medical, Covidien PLC, Ethicon Endo-Surgery, HOYA Corporation, Intuitive Surgical, Inc. KARL STORZ Endoscopy, Olympus Corporation, and Richard Wolf among others.

The global endoscopy devices market has been segmented as follows:

Global Endoscopy Devices Market, by Device Type

  • Endoscope
  • Rigid Endoscope
  • Flexible Endoscope -
  • Capsule Endoscope
  • Robot Assisted Endoscope
  • Operative Devices
  • Energy Systems

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Source: PRWeb
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