Global Laparoscopy and Endoscopy Devices (Arthroscopes, Neuroendoscopes, Cystoscope, and Bronchoscopes) Market 2018-2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 19, 2018--The “Global Laparoscopy and Endoscopy Devices Market: Focus on Surgical Procedures (Cholecystectomy and Hysterectomy) and Product Types (Arthroscopes, Neuroendoscopes, Cystoscope, and Bronchoscopes) - Analysis and Forecast, 2018-2025” report has been added to ResearchAndMarkets.com’s offering.
In 2017, the overall laparoscopy and endoscopy devices market was worth $18.39 billion and is growing with a CAGR of 4.80% in the forecast period, 2018-2025. Increasing number of surgical procedures performed using minimally invasive approaches (laparoscopy/endoscopy) is driving the growth of laparoscopy and endoscopy devices.
For example, nearly 15 million laparoscopic procedures are performed every year, globally and the U.S. alone contributes to 32% of the number, i.e. around 4,800,000 procedures. Since the advent of laparoscopy in the 1990s, the technique is used to perform 1.2 million cholecystectomies.
However, high procedural cost, high learning curve, and an increasing number of standards & regulatory oversight likely to restrain the growth of the market.
Currently, endoscopy devices segment occupies the largest share of the market with an estimated value of $10.33 billion, and the market is growing with a CAGR of 3.60% in the forecast period, 2018-2025. The major reason for the sluggish growth is the maturity of this technology in the developed regions such as North America and Europe. While there still exists a plethora of opportunities in the emerging regions, such as Asia-Pacific, Middle East, and Latin America, due to a rising number of government-funded cancer screening programs.
Key Topics Covered:
1 Market Overview
2 Market Dynamics
3 Competitive Landscape
4 Comparative Analysis
5 Pricing Analysis
6 Surgical Procedure Volumes (Quantitative Data)
7 Global Laparoscopy and Endoscopy Devices Market, by Product
8 Global Laparoscopy and Endoscopy Devices Market, by Application
9 Global Laparoscopy and Endoscopy Devices Market, by End Users
10 Global Laparoscopy and Endoscopy Devices Market, by Region
11 Company ProfilesArthrex Inc. B. Braun Melsungen AG Boston Scientific Corporation CONMED Corporation Cogentix Medical, Inc. Cook Medical LLC Fortimedix Surgical B.V. FUJIFILM Medical Systems U.S.A., Inc. Johnson & Johnson Corporation KARL STORZ SE & Co. KG Life Care Medical Devices Limited Medtronic Plc Olympus Corporation Pentax Medical Richard Wolf GmbH Smith & Nephew plc Stryker Corporation Silex Medical, LLC For more information about this report visit https://www.researchandmarkets.com/research/8p6z88/global?w=4
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Related Topics:Medical Devices,Surgical Procedures ,Surgical Devices ,Endoscopy
INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES
SOURCE: Research and Markets
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PUB: 09/19/2018 04:04 AM/DISC: 09/19/2018 04:04 AM