Global Sinuscope Endoscopes Market 2018-2022 | Advent of HD and Ultra HD Sinuscope Endoscopes to Boost Demand | Technavio
LONDON--(BUSINESS WIRE)--Oct 8, 2018-- analysts forecast the global sinuscope endoscopes market to grow at a CAGR of close to 8% during the forecast period, according to their latest market research report.
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Technavio analysts forecast the global sinuscope endoscopes market to grow at a CAGR of close to 8% by 2022. (Graphic: Business Wire)
The advent of HD and ultra HD sinuscope endoscopes is one of the major trends being witnessed in the . Advances in technology such as HD and ultra HD sinuscope endoscopes with high resolution provide accurate diagnosis and treatment. As the demand for highly advanced systems is increasing at a significant rate, several vendors are focusing on developing and commercializing HD and ultra HD sinuscope endoscopes.
According to Technavio analysts, one of the key factors contributing to the growth of the global sinuscope endoscopes market is the growing prevalence of sinusitis:
Global sinuscope endoscopes market: Growing prevalence of sinusitis
Sinusitis is defined as the inflammation of sinuses, which are air-filled cavities inside the skull. Based on the symptoms or duration sinusitis is further classified into acute, subacute, chronic, and recurrent acute.
According to a senior analyst at Technavio for research on orthopedics and medical devices, “The growing prevalence of sinusitis globally drives the global sinuscope endoscopes market. A sinuscope endoscope is used to examine, visualize, and treat sinusitis. It can be a rigid or semi-rigid scope with an embedded light source and camera that visualize, record, and document the structures inside the sinuses, thereby assisting the physicians in diagnosing and planning a treatment accordingly.”
Global sinuscope endoscopes market: Segmentation analysis
The global sinuscope endoscopes market research report provides market segmentation by product (2.7mm sinuscope endoscopes, 4.0mm sinuscope endoscopes, and others), by end-user (hospitals, ASCs, and others), and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.
The hospital segment held the largest market share in 2017, contributing to close to 45% of the market. This end-user segment will dominate the global market throughout the forecast period.
The Americas held the largest share of the market in 2017, accounting for 45% share, followed by EMEA and APAC respectively. North America is the major revenue contributor in the region. The market is driven by factors such as the increasing prevalence of sinusitis, growing technological advances, and the high adoption of MI surgical procedures.
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market LandscapeMarket ecosystem Market characteristics Market segmentation analysis
Market SizingMarket definition Market size and forecast
Five Forces Analysis
Geographical SegmentationRegional comparison Key leading countries
Vendor LandscapeVendors covered Vendor classification Market positioning of vendors Competitive scenario
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INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES
SOURCE: Technavio Research
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PUB: 10/08/2018 10:06 AM/DISC: 10/08/2018 10:06 AM