The report “Medical
Videoscope Market by Scope
(Rigid (Laparoscope, Ureteroscope), Flexible (Colonoscope, Gastroscope),
Visualization Systems (Monitors, HD Camera, 3D Camera, Light Source), by
Application (Colonoscopy, Laparoscopy, Arthroscopy) - Global Forecasts to 2019” The market is estimated at $13.6
Billion in 2014 and is expected to reach $19.0 Billion by 2019, growing at a
CAGR of 7.0% from 2014 to 2019.
Browse 127
market data tables and 61 figures spread through 273 pages and in-depth TOC on
“Medical Videoscope
Market”
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Medical videoscope
have huge demand across the globe owing to their wide application areas as well
as their flexibility in terms of specification of instruments, which fits in
with the various requirements of different procedures. The market has seen an
extraordinary amount of technological advancements and breakthroughs in the last
few years, as companies have focused on developing products capable of reducing
pain, curtailing the number of sick days, and reducing the overall cost of
treatment. The
global medical videoscope market is segmented based on products, applications,
and geography. Based on products, the global medical videoscope market
comprises videoscopes and visualization systems. Medical Videoscope are further
categorized into rigid videoscopes and flexible videoscopes.
Based on applications, the global medical videoscope market is
broadly categorized into laparoscopy, gastrointestinal endoscopy, arthroscopy,
cystoscopy, obstetrics/gynecology, bronchoscopy, laryngoscopy, mediastinoscopy,
otoscopy, and others. Based on geography, the market is divided into North
America, Europe, Asia, and the Rest of World (RoW). North America is the
largest market for medical videoscope, followed by Europe and Asia. The Asian
medical videoscope market is slated to grow at the highest rate over the next
five years.
Over the years,
the demand for endoscopy has increased significantly owing to the growing
preference for minimally invasive surgeries. Apart from being minimally
invasive, endoscopic procedures are cost-effective in terms of pre- and
post-operation care costs and length of stay at hospitals. Technological
advancements and breakthroughs in the field of endoscopy are expected to drive
the global medical videoscope market in the coming years. Advancements in
technology have also resulted in several improvisations, including increased
angles in the field of view in endoscopes, reduced outer diameters of scopes,
endoscopy systems that are integrated with high-resolution technologies such as
3D systems, and miniaturized endoscopy systems. The other factors that are
driving the growth of the global medical videoscope market include a favorable
reimbursement scenario in select geographies and increasing
prevalence/incidence of diseases requiring endoscopy procedures.
The Sample
Report For This Report@
The global medical videoscope market is dominated by North
America, followed by Europe and Asia. The growth in the global medical
videoscope market is likely to be focused on the fast-growing Asian region,
owing to increased healthcare spending by the government in China; the
increasing number of endoscopic surgeries; the improving endoscopic
infrastructure in India; the establishment of training centers for endoscopy in
India, China, and Japan; wide support for endoscopy-related research activities
in Japan; and increased patient awareness about minimally invasive surgeries
(MIS) in Asia. The Rest of World (RoW) region—which includes Latin America, the
Middle East and Africa, and the Pacific countries is likely to witness steady
growth in the medical videoscope market.
The major players in the global endoscopy equipment market
include Olympus Corporation (Japan), Stryker Corporation (U.S.), KARL STORZ
GmbH & Co. KG (Germany), Fujifilm Holding Corporation (Japan), Hoya
Corporation (Pentax Medical System) (Japan), Richard Wolf GmbH (Germany), Smith
and Nephew, Plc (U.K.), ConMed Corporation (U.S.), Welch Allyn, Inc. (U.S.),
and XION GmbH (Germany).
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