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Western European Endoscopic Devices Market to Benefit from Increase in Minimally Invasive Surgeries, Says Frost & Sullivan
Date:4/10/2013

demand for advanced, innovative products," adds Chandrasekaran. "Although these devices are initially challenged by the lack of reimbursement, penetration levels are set to rise subsequent to strong clinical evidence being provided."

On the competitive front, the Western European endoscopy devices market is highly consolidated and dominated by large multinational companies. This makes market penetration difficult for new or small companies.

"The main strategy of big multinationals is the early introduction of innovative next-generation endoscopes and devices; being first-to-market ensures high revenues as there is a little pricing pressure due to the lack of competition," states Chandrasekaran. "Small companies are focusing on specialisation and are establishing themselves strongly in niche segments."

If you are interested in more information on this research, please send an email to Anna Zanchi , Corporate Communications, at anna.zanchi@frost.com

Western European Endoscopy Devices Market is part of the Advanced Medical Technologies Growth Partnership Service programme. Frost & Sullivan's related research services include: Western European Dental Implants Market, Medical Device Industry – Recovering from Recession, and European Orthopaedic Devices Market Outlook. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

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