In the ever-evolving landscape of technological advancements, the global mobile endoscopic workstations market is poised for substantial growth in the coming years. According to the latest report by Future Market Insights, the industry reached a valuation of USD 292.7 million in 2022 and is anticipated to climb to USD 302.9 million in 2023.
A pivotal driver behind this upward trajectory is the increasing demand for innovative solutions within the agricultural sector. Future Market Insights predicts a remarkable expansion for smart agriculture solutions, projecting a Compound Annual Growth Rate (CAGR) of 4.4% from 2023 to 2033. This progressive trend is expected to result in an estimated valuation of USD 465.8 million by 2033.
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The growth of the mobile endoscopic workstations market reflects the broader trend of integrating advanced technologies into various industries. These workstations, known for their mobility and cutting-edge capabilities, are becoming essential tools in medical and agricultural applications alike. Their ability to provide real-time imaging and diagnostics in diverse environments is driving their adoption and spurring market expansion.
As smart agriculture solutions continue to gain traction, the synergy between medical technology and agricultural innovation is becoming increasingly apparent. The integration of endoscopic workstations in smart agriculture is enhancing precision farming techniques, leading to improved crop management and yield optimization. This convergence of technologies underscores the potential for mobile endoscopic workstations to revolutionize traditional practices and set new standards in both medical and agricultural fields.
Future Market Insights’ report highlights the ongoing transformation within these sectors, emphasizing the critical role of technological advancements in shaping future growth. The projected expansion of the mobile endoscopic workstations market and the surge in smart agriculture solutions underscore a broader trend towards innovation-driven growth across industries.
Key Takeaways from the Market Study:
- Global mobile endoscopic workstations industry grew at a CAGR of 2.8% between 2017 and 2022.
- Anticipated size of the mobile endoscopic workstation market in 2017 was USD 254.8 million.
- North American regions are expected to hold a market share of 35.7%.
- United States forecasted a value share of 34%.
- Under the end-user segment, hospitals are forecasted with a share of around 41.1% in terms of revenue.
- Under the application segment, gastrointestinal endoscopy considerably holds a market share of 28.6%.
“Increasing prevalence of gastronomical diseases and pulmonary disorders is one of the major drivers of the mobile endoscopic workstations market”, comments a Future Market Insights analyst.
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Competitive Analysis:
Mobile endoscopic workstations industry consists of a substantial number of market players. Research & development to introduce environmentally-friendly product lines form the core aspect of these manufacturers. In addition, other expansion strategies, including collaborations, mergers & acquisitions, and seeking regulatory approvals, are also relied upon.
- Fujifilm Holdings Corporation announced the introduction of the ELUXEO 7000X System, an innovative audiovisual imaging technology where this platform facilitates real-time visualization of the hemoglobin-oxygen saturation levels in tissues during the endoluminal imaging and/or laparoscopic procedures.
- Pentax Medical announced a new line of ultrasound video gastroscopes known as the J10. This food tool was considered to have an ergonomic shape and ease of handling, enhanced maneuverability, and better image quality to help meet both market and clinical needs.
Key Players in the Mobile Endoscopy Workstations Market:
- Aesculap Inc.
- ARC Group of Companies Inc.
- Armstrong Medical Inc.
- Cura Carts
- Ecleris S.R.L
- Electro Kinetic Technologies
- Elmed Electronics & Medical Industry & Trade Inc.
- EMOS Technology Gmbh
- ENDO-TECHNIK W. Griesat
- Olympus
- SonoScape medical corp.
- GIMMI
- Maxerendoscopy
- HAEBERLE
- Optomic
Key Segments:
By Type:
- Colonoscopes
- Gastrointestinal endoscopes
- Enteroscopes
- Bronchoscopes
- Cystoscopes
- Laparoscopes
- Others
By Application:
- Bronchoscopy
- Arthroscopy
- Laparoscopy
- Urology Endoscopy
- Neuroendoscopy
- Gastrointestinal Endoscopy
- Gynecology Endoscopy
- ENT Endoscopy
- Others
By End User:
- Hospitals
- Ambulatory Surgery Centres & Clinic
- Specialized Endoscopy Clinics
- Diagnostic Imaging Centres
- Others
By Hygiene:
- Single-use
- Reprocessing
- Sterilization
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- Middle East and Africa
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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