Global Flexible Endoscope Market Projected to Grow at a Robust CAGR of 6.13% over the Forecast Period 2016-2024

Posted on 2018-09-26 by Goldstein Research in Healthcare // 0 Comments

New York, USA, 2018-Sep-26 — /EPR Network/ —With the increasing number hospitals and growth in investments for developing healthcare system & medical devices coupled with rising popularity of minimally invasive therapies is boosting the growth of global flexible endoscope market. According to Goldstein Research, global flexible endoscope market size is expected to reach USD 6.31million by 2024 from an estimated market size of USD 3.92 million in 2016, growing at a compounded annual growth rate of 6.13% during the forecast period 2016-2024. Global flexible endoscope market segmentation has been carried out on the basis of product type, application, end user, and geography. Based on the end user, hospitals segment accounted for the highest market share of nearly 50.0% in 2016. Moreover, the diagnostic lab’s segment is anticipated to witness strong growth, to occupy 30.0% of flexible endoscope market share by 2024.

Further, Global flexible endoscope industry is estimated to be dominated by North America with a market size of USD 1.57 million in 2016 on the back of improved reimbursement policies and adoption of advanced medical technologies. North America is followed by Europe flexible endoscope market owing to high adoption in the UK, France, Germany and other European countries.

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Market Segmentation

On the basis of our in-depth analysis, Global Flexible Endoscope Market can be segmented as follows:

Based on Product Type

Colonoscopes
Gastroscopes
Bronchoscopes
Duodenoscopes
Nasopharyngoscopes
Other (Laryngoscopes, Pharyngoscopes)

Based on Application

Gastrointestinal (GI) Endoscopy
Laparoscopy
Obstetrics/Gynecology Endoscopy
Urology Endoscopy
Bronchoscopy
Otoscopy
Other (Neuroendoscopy, Thoracoscopy, Rhinoscopy)

Based on End-User

Hospitals
Diagnostic Labs
Ambulatory Surgery Centers (ASCs)

By Region

North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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“Global Flexible Endoscope Market Outlook 2024” contains detailed overview of the global flexible endoscope market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, application, and end user.

Further, for the in-depth analysis, Global Flexible Endoscope Market industry encompasses the market growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Ethicon, Inc., Olympus Corporation, Boston Scientific Corporation, Pentax Medical Corporation, Stryker Corporation, Medtronic plc., FUJIFILM Holdings, KARL STORZ, etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global flexible endoscope market trends along with market forecast that will help market consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Key questions answered in this Global Flexible Endoscope Market Report

What is the Global Flexible Endoscope Market Size by 2024 and what would be the expected growth rate of the market?
What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
What are the flexible endoscope market trends?
What are the factors which are driving this market?
What are the major barriers to flexible endoscope market growth?
Who are the key vendors in this market space?
What are the market opportunities for the existing and entry level players?
What are the recent developments and business strategy of the key players?

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