Chemical Market ShareAnalysis Endoscopy Devices Market Trends, Growth, Type and | Página 2

endoscopy devices in minimally invasive surgeries (MIS) offer advantages such as higher patient satisfaction,
comparatively lower hospital stay, financial viability, and reduction in post-surgery complications.
Growing prevalence of cancer is considered as the key factors driving the growth of endoscopy devices market over
the forecast period. Different endoscopy procedures including laryngoscopy, upper endoscopy, and colonoscopy are
considered vital for diagnosis of cancer. Moreover, prevalence of obesity among millennial population and launch of
endoscopic bariatric surgeries are projected to escalate industry expansion in the near future. Consumer shift towards
preventive healthcare is fueling the demand for bariatric surgeries. Endoscopic approach towards bariatric surgeries
is deemed as a secure and cost efficient solution, and ideal alternative to traditional bariatric surgeries.
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The market is broadly categorized into six major segments based on the application type such as bronchoscopy,
arthroscopy, laparoscopy, urology endoscopy, neuroendoscopy and gastrointestinal endoscopy. Gastrointestinal
endoscopy segment is growing rapidly in the endoscopy devices market with substantial revenue generation in the
last few years. Growing popularity of segment is attributed to the rising geriatric population and rising burden of gastro
intestinal diseases.
The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has
shown major growth in recent years owing to the rise in implementation of latest technologies in healthcare sector,
surge in number of research & development activities and existence of well-established infrastructure in the region.
In European region, Germany, France, and United Kingdom are projected to witness steady growth due to the rising
awareness related to endoscopy among general public and increasing disposable income.
Asia-Pacific region is estimated to hold a major share in the endoscopy devices industry with massive growth in forecast
period. Countries such as India, China and Singapore are leading the Asia-Pacific market with and significant investment
by leading industry players considering potential growth opportunities in the region.
The key players in the endoscopy devices market are Olympus Corp., Fujifilm Holdings Corp., Richard Wolf GmbH, Karl
Storz GmbH & Co., KG, HOYA Corp., Boston Scientific Corp., CONMED Corp., Stryker Corp., and Smith & Nephew plc.
Market Segment:
Leading players of Endoscopy Devices including:
• Olympus
• Fujifilm