Global Endoscope Market is Set to Reach USD 32.8 billion by 2024, Observing a CAGR of 7.5% during 2019–2024: VynZ Research
Insight by Type (Esophagoscope, Arthroscope, Colonoscope, Bronchoscope, Cystoscope, Laryngoscope, Laparoscope, Colposcope, Others), by Application (Gastroenterology, Orthopedic, Pulmonology, Urology, Gynecology, Others), by End User (Hospitals, Specialty Clinics, Diagnostic Centers, Others)
/EIN News/ -- NEW YORK, Nov. 14, 2019 (GLOBE NEWSWIRE) -- The global Endoscope market is expected to grow at a CAGR of 7.5% during the forecast period with its market size predicted to reach USD 32.8 billion by 2024. Globally, Endoscope industry players are undertaking product innovations and technological upgradations that are enabling the manufacturers to gain competitive advantage across the globe.
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Hospital category held largest share in the Endoscope market in 2018
Based on end user, the global endoscope market is segmented into hospitals, specialty clinics, diagnostic centers and others. Amongst these segments, hospitals are anticipated to generate largest revenue by 2024 as hospitals are the primary premises to avail primary health services to the citizens. Furthermore, the number of surgeries being undertaken is greater in hospitals as there is increasing demand for endoscopes in hospitals that is significantly contributing towards the growth of the global endoscope market.
Explore key industry insights in 170 tables and 92 figures from the 241 pages of report, “Global Endoscope Market Analysis and Forecast to 2024 - Insights by Type (Esophagoscope, Arthroscope, Colonoscope, Bronchoscope, Cystoscope, Laryngoscope, Laparoscope, Colposcope, Others), by Application (Gastroenterology, Orthopedic, Pulmonology, Urology, Gynecology, Others), by End User (Hospitals, Specialty Clinics, Diagnostic Centers, Others)”
Geography Insight
Geographically, North America has accounted for the largest share in Endoscope market, globally and is predicted to grow significantly during the forecast period. The growth of this market is attributed towards the increasing existence of target diseases along with increasing elderly population in the region and excessive demand for minimally invasive therapies. Additionally, increasing adoption of technologically advanced products such as endoscopes comprising of robot-assisted for surgical techniques and diagnostic is further bolstering the growth of global endoscope market.
Competitive Insight
Some of the key players operating in the global Endoscope market are Olympus Corporation, Smith & Nephew PLC., Fujifilm Holdings Corp., Karl Storz GmbH & Co. KG, Medtronic plc, Pentax Medical Company (Hoya Corporation), Fibertech Incorporation, Stryker Corporation, Cantel Medical Corp., B. Braun Melsungen AG, Maxer Endoscopy GmbH, GI Supply Inc., and SMART Medical Systems Ltd.
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Key Takeaway from the Report:
- Among all the type, esophagoscope category held the share in the global endoscope market in 2018.
- Of all the application, gastroenterology is anticipated to be the fastest growing category in the market during the forecast period
- Among all the end users, the hospitals category held the largest share in the Endoscope market in 2018.
The Report Offers:
- Historical market estimate for the years 2014–2018 and forecast for the years 2019–2024
- Insight on current market trends, market dynamics, key opportunities and major challenges in the industry
- Market insights by in-depth segmentation with industry dynamics.
- Competitive analysis and benchmarking of the industry leaders and their product offerings
- Profiles of leading players and innovators, their financial overview and product portfolio
- Analysis of key industry trends and recent developments
- Value chain analysis and distribution channel analysis with opportunity assessment
- Market share analysis of major players
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The report provides the market value for the base year 2018 and a yearly forecast till 2024 in terms of revenue (USD Billion). The report segments the global endoscope market on the basis of type, application, end user, and region.
Global Endoscope Market Coverage
Type Insight and Forecast 2014-2024
- Esophagoscope
- Arthroscope
- Colonoscope
- Bronchoscope
- Cystoscope
- Laryngoscope
- Laparoscope
- Colposcope
- Others
Application Insight and Forecast 2014-2024
- Gastroenterology
- Orthopedic
- Pulmonology
- Urology
- Gynecology
- Others
End User Insight and Forecast 2014-2024
- Hospitals
- Specialty Clinics
- Diagnostic Centers
- Others
Geographical Segmentation
Endoscope Market by Region
North America
- By Type
- By Application
- By End User
- By Country – U.S., Canada, and Mexico
- U.S. Market
- By Type
- By Application
- By End User
- Canada Market
- By Type
- By Application
- By End User
- Mexico Market
- By Type
- By Application
- By End User
- U.S. Market
Europe
- By Type
- By Application
- By End User
- By Country – Germany, U.K., France, Italy, Spain, and Rest of Europe
- Germany Market
- By Type
- By Application
- By End User
- U.K. Market
- By Type
- By Application
- By End User
- France Market
- By Type
- By Application
- By End User
- Italy Market
- By Type
- By Application
- By End User
- Spain Market
- By Type
- By Application
- By End User
- Rest of Europe Market
- By Type
- By Application
- By End User
- Germany Market
Asia-Pacific (APAC)
- By Type
- By Application
- By End User
- By Country – China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific
- China Market
- By Type
- By Application
- By End User
- Japan Market
- By Type
- By Application
- By End User
- India Market
- By Type
- By Application
- By End User
- Australia Market
- By Type
- By Application
- By End User
- Rest of Asia-Pacific Market
- By Type
- By Application
- By End User
- China Market
Rest of the World (RoW)
- By Type
- By Application
- By End User
- By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries
- Brazil Market
- By Type
- By Application
- By End User
- Saudi Arabia Market
- By Type
- By Application
- By End User
- South Africa Market
- By Type
- By Application
- By End User
- U.A.E. Market
- By Type
- By Application
- By End User
- Other Countries Market
- By Type
- By Application
- By End User
- Brazil Market
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