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Asia Pacific Endoscopy Devices Industry is Expected to Reach USD 3.4 Billion in 2017: Transparency Market Research
Date:8/9/2012

ALBANY, New York, August 9, 2012 /PRNewswire/ --

According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Endoscopy Devices Market - Asia Pacific Scenario, Trends, Industry Analysis, Size, Share and Forecast, 2011 - 2017," the Asia Pacific endoscopy devices market was worth USD 1.8 billion in the year 2011 and is expected to reach USD 3.4 billion by 2017, growing at a CAGR of 11.2% from 2011 to 2017. In the overall endoscopy devices market, flexible endoscopes form the largest category with a market size of USD 656.2 million in 2011.

Browse the full report athttp://www.transparencymarketresearch.com/asia-pacific-endoscopy-devices-market.html 

The Asia Pacific endoscopy devices market is driven by increased preference for minimally invasive surgeries, ageing population, chronically ill patients, and high level of innovation in the sector. The major product segments which are currently driving the Asia Pacific endoscopy market are flexible endoscopes and endoscopy visualization systems. Within the coming half of the next decade, endoscope accessories, flexible endoscopes and endoscopy visualization systems are expected to have a growth rate of 15.6%, 11.9% and 11.8% respectively. In both developed as well as in developing economies, the market is shifting towards advanced healthcare. However, the traditional rigid endoscopy devices market, though saturated, will remain in the overall market with low market growth rate in future.

Over the last decade, demand for flexible endoscopes has increased owing to
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SOURCE Transparency Market Research
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