Market Research Report
Video Endoscopy Devices Market Size, Share & COVID19 Impact Analysis | Global | 2021-2027 | MedSuite | Includes: Surgical Camera Systems, Image Management Devices, Medical Photo Printers & Surgical Light Sources
|Video Endoscopy Devices Market Size, Share & COVID19 Impact Analysis | Global | 2021-2027 | MedSuite | Includes: Surgical Camera Systems, Image Management Devices, Medical Photo Printers & Surgical Light Sources|
Published: April 30, 2021
iData Research Inc.
Content info: 225 Pages
Delivery time: 1-2 business days
Throughout this medical market research, the team at iData Research analysed 32+ global video endoscopy companies and utilized comprehensive methodology to understand the Market Sizes, Unit Sales, ASPs, Company Market Shares, and to create accurate forecasts.
While this MedSuite report contains all the Global Video Endoscopy market data and analysis, each of the market segments (surgical camera systems, image management devices, surgical light sources and medical photo printers) are also available as stand-alone MedCore reports. This allows you to get access to only the market research that you need.
Overall, the global video endoscopy market size is projected to reach over $7.7 billion by 2027, with a compound annual growth rate (CAGR) of 2.6%.
One major trend in the global market for video endoscopy devices is the conversion of the HD-installed base to 4K technology. 4K surgical cameras produce image quality superior to that of their HD counterparts. 4K resolution features four times the number of pixels compared to HD, which provides enhanced zooming capabilities and is beneficial in situations where the surgeon cannot directly see the tissue being operated on, such as during minimally invasive surgery.
COVID-19 caused the video endoscopy market to experience a substantial drop in sales at the beginning of 2020, but the overall annual sales volume was not as heavily impacted because of the purchasing dynamics in capital equipment markets.
The leaders in the video endoscopy devices market are respectively Olympus, Stryker, and Karl Storz. Together, they combine to make up a majority of the global market.