The global Endoscopy Video Systems Market is expected to grow at a positive CAGR of 6.6% from 2022 to 2032. The market will likely reach an estimated US$ 45.65 billion by 2032, scaling up from US$ 24.09 billion in 2022. An endoscope video system applies all aspects of an endoscopic procedure and enhances the image and video quality. Printers, monitors, displays, light sources, and other elements complete the entire endoscope video system.
These video systems offer enhanced options to patients suffering from gastrointestinal conditions, pancreatic issues, and urological, gynecological, and respiratory disorders. Thus, an upsurge in the prevalence of these medical conditions drives the demand for endoscopy video systems. Again, certain medical trends such as surging transplantation cases as well as the heightened demand for stem cell banking also spur the demand for this market.
Request Sample Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-2211
The increasing prevalence of colorectal cancer, pancreatic abnormalities, gastrointestinal disorders, urological and gynecological issues, and respiratory conditions propel the demand for the endoscopy video system. Colorectal cancer is the second most common cancer in women and the third most common cancer in men. This aspect augments the global sales of endoscopy video systems. Moreover, the growing need for endoscopic procedures will fuel market growth. The rising elderly population also amplifies the number of patients needing endoscopic operations which will bode well for the overall market growth. As more and more patients- along with clinicians- become aware of the use and attributes of modern endoscopic technologies, the market for endoscopy video systems will also grow.
Endoscopy video systems offer a faster recovery time and a minimally invasive medical procedure. The rising awareness of such attributes of these video systems among patients and physicians will encourage market growth for endoscopy video systems. A surge in orthopedic and ophthalmic conditions will also spur the demand for these video systems.
The rapid development of technology has enhanced imaging capacities which, in turn, drives the demand for endoscopy video systems. Additionally, growing research and development efforts by key market participants to introduce innovative endoscopy video systems and constant product development activities by the same augurs well for the international endoscopy video system market.
Ask An Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-2211
Key Takeaways:
- North America will continue to dominate the endoscopy video system market owing to a surge in colorectal cancer cases.
- Europe’s endoscopy video system market will also present steady growth in revenue due to the rising elderly population.
- By product type, the endoscopic visualization systems segment accounted for the highest revenue share of 71.5% in 2020 and will continue to grow at a steady rate over the forecast period.
Competitive Landscape
Olympus, BR Surgical, Stryker Corporation, FujiFilm Global, CONMED Corporation, and Mindary, among others, are a few of the dominant players in the endoscopy video systems market profiled in the full version of the report.
In a competitive and fragmented environment, significant market players are focusing on product development and innovation so as to produce efficient endoscopy video systems. These businesses invest in research and development activities to seek out novel processes and technologies. A few of these participants also engage in mergers, acquisitions, joint ventures, collaborations, and partnerships to gain a competitive advantage.
Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-2211
More Insights Into Endoscopy Video Systems Market
FMI offers an unbiased analysis of the global endoscopy video systems market in its latest report, providing historical data from 2017 to 2021 and forecast statistics for 2022 to 2032. The report offers a ten-year sales prospect and a complete breakdown of market drivers, restraints, trends, and opportunities. To understand the global market potential, growth, and scope, the market is segmented on the basis of product type, end-user, application, and region.
According to FMI, based on segmentation, the endoscopic visualization systems will exhibit significant growth during this period of observation. The rising aging population and increasing endoscopic operations across the globe are responsible for the demonstrated growth of the segment. Based on region, the endoscopy video system market in North America will exhibit considerable growth. The target market in this region will account for a sizeable portion of the global revenue. Increasing cases of stomach and colorectal cancer, advancing medical technology, and the presence of key players will drive the endoscopy video system market in North America. Europe and East Asia will also aid the expansion of the global endoscopy video system market.
Key Players
- Olympus
- BR Surgical
- Stryker Corporation
- Mindary
- Fujifilm Global
- Boston Scientific
- Medtronic
- Smith & Nephew plc.
- Richard Wolf GmBH
- CONMED Corporation
- B.Braun Melsungen
Use promo code >> FMITODAY to get flat 20% discount
Key Segments Covered in the Endoscopy Video Systems Market Report
By Product:
- Endoscopic Video Systems
- Standard Definition (SD) Visualization Systems
- 2D Systems
- 3D Systems
- High Definition (HD) Visualization Systems
- 2D Systems
- 3D Systems
- Standard Definition (SD) Visualization Systems
- Endoscopy Video Components
- Camera Heads
- Insufflators
- Light Sources
- High Definition Monitors
- Suction Pumps
- Video Processors
By Application:
- Upper GI Endoscopy
- Colonoscopy
- Bronchoscopy
- Sigmoidoscopy
- ENT Endoscopy
- Others
By End User:
- Hospitals
- Specialty Clinics
- Diagnostic Imaging Centers
- Ambulatory Surgical Centers
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East and Africa (MEA)
More Trending Reports by Future Market Research:
Varicose Vein Treatment Market
General Anesthesia Drugs Market
Automated Suturing Devices Market
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
