endoscopy device market growth

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Endoscopy Device Market 2020-2027
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2027
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Endoscopy Device Market 2020-2027
 
Market Overview According to MRFR, the Global
Endoscopy Device Market growth is poised to
mature at a CAGR of 6.30 during the forecast
period 2019-2027. The rising success of minimally
invasive non-robotic surgery or endoscopic
surgery has driven the demand for global
endoscopic instruments to a new degree. COVID-19
Analysis The pandemic of COVID-19 has had a
significant global influence on endoscopic
facilities. In addition, the infection is
transmitted through touch and droplets.
Therefore, endoscopy healthcare providers face
considerable risk during the pandemic since the
spread is mostly by direct contact or aerosol
droplets, and endoscopy operations involve a
short physical gap between patients and workers.
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Endoscopy Device Market 2020-2027
Market Dynamics Drivers Increasing Prevalence of
Chronic Diseases Fuels the Market Growth The
growth of the global demand for endoscopy
products is encouraged by the growing incidence
of chronic diseases, the development of endoscopy
technologies, and expanded support and coverage
for endoscopic screening and care. In addition,
the rising geriatric population around the world
is having a significant effect on the demand for
endoscopic products. As older people, due to
lower immunity, which in turn complicates medical
and treatment choices, they are more vulnerable
to health issues such as ophthalmic disorders,
gastrointestinal problems, orthopaedic diseases,
cancer and several others. Increased preference
for minimally invasive and global endoscopic
procedures are key factors that fuel endoscopy
system demand. In addition, the growing success
of minimally invasive surgery is also providing
an immense opportunity for business expansion.
Moreover, the use of endoscope and visualisation
technologies in healthcare settings has
increased, coupled with technological
advancements also boosts the market growth Get
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Endoscopy Device Market 2020-2027
Opportunities Expanding Therapeutic Capability Of
Endoscopy Instruments Creates Growth Avenues for
Key Players Main factors leading to the growth of
this sector are the rise in the incidence of
cancer and obesity and the presentation of
endoscopic bariatric surgical procedures
inferable from the development of trends of
preventive human resources. Owing to the the
incidence of digestive disorders impacting all
population segments and the expanding therapeutic
capability of endoscopy instruments, the number
of annual gastro-intestinal procedures is also
expected to rise. Restraints Stringent Regulatory
Policies to Impede Market Growth However, on the
other hand, business development may be affected
by diseases and complications caused by endoscopy
products. It is likely that policy reforms would
increase the costs associated with new product
creation and service offerings to consumers. The
possible loss of sales due to the delay in
release of the product and the increased costs
incurred due to strict approval procedures put
pressure on investments related to the production
of new products, thereby impacting the growth of
the market.
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Endoscopy Device Market 2020-2027
Segmental Analysis Global Endoscopy
Device Market is segmented based on Accessory
Processors, Types, Treatments Procedures,
Therapy, Application, and End User. Based on
type, it is segmented into rigid endoscopes,
flexible endoscopes, surgical endoscopes, capsule
endoscopes, and robot-assisted endoscopes. Based
on therapy, it is segmented into colonoscopy,
arthroscopy, gastroscopy, laparoscopy,
sigmoidoscopy, ureteroscopy, endoscopic
retrograde cholangiopancreotography, and
cystoscopy Based on treatments procedures, it
is segmented into lower gastrointestinal
conditions, joint and orthopedic conditions, lung
and airway conditions, upper gastrointestinal
conditions, abdominal, gynecologic and pelvic
organ conditions, and urinary system conditions.
Based on applications, it is segmented into
arthroscopy, gastrointestinal endoscopy,
obstetrics/gynecology endoscopy, urology
endoscopy, mediastinoscopy, bronchoscopy, and
otoscopy           .
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Endoscopy Device Market 2020-2027
Based on accessory processors, it is bifurcated
into accessory and processors.            Based
on technology, it is bifurcated into video and
fiber. Based on end-user, it is segmented into
critical care, obstetricians-gynecologists
(ob/gyns), general and pediatric surgeons,
gastroenterologists, and orthopedic
surgeons Get full report _at_https//www.marketrese
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67
.
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Endoscopy Device Market 2020-2027
Regional Analysis Four main regions, including
the Asia Pacific, the Americas, Europe, and the
middle east and Africa, have been given a
geographical description of the global
market. Americas to Lead with Superior Healthcare
Facilities Due to the nature of strong economic
conditions, tremendous advancement in the
healthcare sector, and the attention of research
institutions on upgrading technologies for modern
and innovative diagnostic and treatment methods,
the Americas dominates the global endoscopy
system industry. In addition, advanced technology
for hospitals and the supply of trained
healthcare practitioners are contributing
momentum to business expansion. Presence of
Major Players to Lead European Market On the
basis of growing focus on quick detection and
treatment of cancer and gastrointestinal
disorders, shifting habits and increasing cancer
incidence in the geriatric population, Europe
retains a second place in the sector. Growing
gastrointestinal disease prevalence, increasing
government funding for healthcare growth, and
well-developed technologies are the main drivers
of the sector
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Endoscopy Device Market 2020-2027
Recent Development December 2020 CANTEL MEDICAL
CORP. and Censis Technology announced a new
long-term alliance to merge Cantel's leading
endoscope reprocessing workflow portfolio for
infection prevention with Censis's surgical asset
monitoring and instrument monitoring
solutions. December 2020 Apollo Endosurgery,
Inc., a world pioneer in less intrusive
gastrointestinal and bariatric surgical
instruments, announced FDA approval of the
X-TackTM Endoscopic HeliX Tacking System, a new,
suture-based, through-the-scope product primarily
designed for closing and repairing defects in the
lower gastrointestinal tract with additional
upper gastrointestinal tract applications
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Endoscopy Device Market 2020-2027

• Report Overview
• On the basis of type
• flexible endoscopes
• rigid endoscopes
• capsule endoscopes
• surgical endoscopes
• robot-assisted endoscopes
• On the basis of Therapy
• colonoscopy
• gastroscopy
• arthroscopy
• laparoscopy
• sigmoidoscopy
• endoscopic retrograde cholangiopancreotography
• ureteroscopy
• cystoscopy

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Endoscopy Device Market 2020-2027

• On the basis of Treatments Procedures
• Abdominal
• gynecologic, and pelvic organ conditions
• joint and orthopedic conditions
• lower gastrointestinal conditions
• lung and airway conditions
• upper gastrointestinal conditions
• urinary system conditions
• On the basis of applications, it is segmented
  into
• gastrointestinal endoscopy
• arthroscopy
• obstetrics/gynecology endoscopy
• urology endoscopy
• bronchoscopy
• mediastinoscopy otoscopy

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Endoscopy Device Market 2020-2027

• On the basis of Accessory Processors
• accessory
• processors
• On the basis of Technology
• video
• fiber
• On the basis of End-User
• critical care
• gastroenterologists
• general and pediatric surgeons
• obstetricians-gynecologists (ob/gyms)
• orthopedic surgeons

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