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Endoscopy Devices Market Trends 2022 : Analysis of Key Players, Opportunities, consumption by Regional data, Size and Share, Growth by New Techniques and Forecast to 2031

Kenneth Research recently added a report on ‘Endoscopy Devices Market’ in its database of market research reports which provides its readers an in-depth analysis on the latest trends, growth opportunities and growth drivers that are associated with the growth of the market. The report additionally shares critical insights on the COVID-19 impacts on the Endoscopy Devices Market, along with the compound growth rate (CAGR) of the market for a projected period between 2022 and 2031. The report also includes analysis of the market by utilizing different analytical tools, such as PESTEL analysis and Porter’s five forces analysis. These tools also provide an in-depth analysis on the micro and macro-environmental factors that are associated with the growth of the market during the forecast period.

Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Endoscopy Devices Market products.

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According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018. Moreover, growing concern for deaths caused due to various diseases and the need for treatment that can lower the crude death rate, which in the year 2019 recorded close to 7% (per 1000 people), are also anticipated to drive the market growth during the forecast period.

According to Azoth Analytics research report “Global Endoscopy Devices Market – Analysis By Type (Rigid, Flexible, Capsule), Application (Arthroscopy, Bronchoscopy, Colonoscopy, Laparoscopy, GI Endoscopy, Others), By End User (Hospital, Clinic), By Region, By Country (2019 Edition): Opportunities and Forecast (2013-2023) – By Region (N. America, Europe, APAC, ROW), By Country (U.S, Canada, Germany, U.K, Japan, China, India, Brazil)” global endoscopy devices market is projected to display a modest growth represented by a CAGR of 6.4% during 2018 – 2023.

Over the recent years, global endoscopy devices market has been witnessing growth, on account of several driving factors including rising incidence of chronic ailments, increasing healthcare awareness amongst consumers, flourishing market for minimally invasive procedures, new device approvals along with increasing health expenditure in developing countries. Moreover, ongoing demographic shift towards geriatric population with significant population suffering from inveterate ailments, is expected to propel the demand for endoscopy devices. In this research report, the market is segmented on the basis of type, application and end user. By type, the segment of flexible endoscope is predicted to hold its dominant position in the market. Amongst the regions, North America accounts for the largest regional share in the global endoscopy devices market in 2018. However, Asia Pacific is predicted to advance at the highest rate. Presence of vast consumer base, particularly in emerging nations such as China and India, in addition to growing per capita expenditure on healthcare is likely to drive the regional market.

The report titled “Global Endoscopy Devices Market – Analysis By Type (Rigid, Flexible, Capsule), Application (Arthroscopy, Bronchoscopy, Colonoscopy, Laparoscopy, GI Endoscopy, Others), By End User (Hospital, Clinic), By Region, By Country (2019 Edition): Opportunities and Forecast (2013-2023) – By Region (N. America, Europe, APAC, ROW), By Country (U.S, Canada, Germany, U.K, Japan, China, India, Brazil)” has covered and analyzed the potential of global endoscopy devices market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global gastrointestinal endoscopy devices market. Additionally, the report also highlights market entry strategies for various companies across the globe.

Global Endoscopy Devices Market (Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Endoscopy Devices Market – Size, Growth, Forecast
• By Type – Rigid, Flexible, Capsule: By Value
• By Application – Arthroscopy, Bronchoscopy, Colonoscopy, Laparoscopy, GI endoscopy, Others
• By End User – Hospital, Clinic

Regional Markets – North America, Europe, Asia-Pacific and Rest of the World (Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Endoscopy Devices Market – Size, Growth, Forecast
• By Type – Rigid, Flexible, Capsule: By Value
• By Application – Arthroscopy, Bronchoscopy, Colonoscopy, Laparoscopy, GI endoscopy, Others
• By End User – Hospital, Clinic

Country Analysis – U.S., Canada, Germany, U.K, Japan, India, China, Brazil (Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Endoscopy Devices Market – Size, Growth, Forecast
• By Type – Rigid, Flexible, Capsule: By Value
• By Application – Arthroscopy, Bronchoscopy, Colonoscopy, Laparoscopy, GI endoscopy, Others
• By End User – Hospital, Clinic

The Final Report will cover the impact analysis of COVID-19 on this industry:

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Other Report Highlights
• Market Dynamics – Drivers and Restraints
• Market Trends
• Company Share Analysis
• SWOT Analysis
• Porter Five Force Analysis
• Supply Chain Analysis
• Competitive Landscape
• Policy and Regulatory Landscape
• Company Analysis – Medtronic, Stryker Corporation, Boston Scientific Corporation, CONMED Corporation, Olympus Corporation, Cook Group Incorporated, Fujifilm Holdings, Congentix Medical, US Endoscopy and PENTAX Medical.

Customization of the Report
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.

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