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Global endoscopy market to grow from $32.5 billion in 2015 to $45.2 billion in 2020: Reportlinker

Press releases may be edited for formatting or style | April 08, 2016 Endoscopy
NEW YORK, April 7, 2016 /PRNewswire/ -- This BCC Research report reviews the global markets for endoscope products by their various applications and will forecast trends in innovation and in sales within these markets through the year 2020.

Use this report to:

Analyze the current and projected endoscopy revenue forecasts during for the period of 2015-2020.
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Gain information about the leading competitors of the worldwide endoscopy market.
Gain information about the drivers and inhibitors of the endoscopy market.
Analyze the worldwide clinical trials in the field of endoscopy.

Highlights

The global endoscopy device market is expected to grow from $32.5 billion in 2015 to roughly $45.2 billion by 2020, with a compound annual growth rate (CAGR) of 6.8% for the period of 2015-2020.

The laparoscopy market will grow from $10.0 billion in 2015 to roughly $16.2 billion by 2020 with a CAGR of 10.0% for the period of 2015-2020.

The arthroscopy market will grow from roughly $4.6 billion in 2015 to $6.3 billion by 2020 with a CAGR of 6.6% for the period of 2015-2020.

STUDY GOALS AND OBJECTIVES

This report provides a comprehensive analysis of the global market for endoscopy services and equipment. The report will review global markets for endoscope products by their various applications and will forecast trends in innovation and in sales within these markets through the year 2020. A range of information will be discussed, including detailed analyses of emerging markets in India and Asia; new product pipelines and new applications for endoscopic technology; and overall industry trends.

This information will allow the reader to evaluate and quantify the current market size for specific endoscopic technologies within the overall growing biomedical/pharmaceutical technology market. Forecasts and trends have been developed from a variety of data, including industry sources, company publications, industry benchmarks, and other data sources. Major endoscopy applications, technologies, regions, and factors influencing the demand for endoscopy services and products will be discussed.

REASONS FOR DOING THE STUDY

The overall medical device market is very large; endoscopy is a significant component of that market. For companies with an effective strategy, market opportunity awaits.

However, the ability to develop an effective strategy begins where opportunity exists and ends with effective execution and the capture of profit from the opportunity.

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