Market Research Report
Endoscopy Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)
|Endoscopy Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)|
Published: July 1, 2021
Mordor Intelligence Pvt Ltd
Content info: 110 Pages
Delivery time: 2-3 business days
The growing preference for minimally-invasive surgeries, increasing adoption of endoscopes for treatment and diagnosis, and technological advancements leading to enhanced applications are the major factors leading to the growth of the market studied. However, the lack of skilled technicians and infections caused by few endoscopes is hindering the market growth.
Endoscopy allows both operations on more fragile patients, notably the elderly, and the treatment of more complex diseases, such as cancer. Other benefits of endoscopy include reduced post-operative pain and risks of complications, rapid healing, lighter anesthesia, and a shorter period of hospital stay. Surgery, interventional radiology, and advanced endoscopy have all developed minimally-invasive techniques to effectively treat a variety of diseases, in order to bring about a positive impact on patients' postoperative outcomes. The growing awareness among the elderly population about minimally-invasive procedures and the rising prevalence of chronic diseases, worldwide, have boosted the demand for endoscopy devices.
The market is highly competitive and consists of several global players. As the market is progressing, the firms are trying to achieve clear differentiation in endoscopic systems, based on their application. Due to the requirements of high-quality imaging and operative capabilities, various customer groups are shifting toward optimized visualization systems that integrate endoscope and camera.