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Endoscopy Devices: Applications and Global MarketsLONDON, July 11, 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. 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. The endoscopy market is positioned for significant growth in the next five years. This is due, in part, to new applications for the technology, as well as to new innovations in the technology itself. The other major factor that will contribute to this growth is the recognition of the technology in emerging markets such as Japan and Vietnam. Continued worldwide growth is expected in other regions due to a growing middle class in countries such as India, China, Brazil, and Russia. This report addresses critically important topics for analyzing changing market dynamics, including emerging players and technologies; strategies for accessing the emerging markets; and specific disease segments and regions. Such information is important for allocation of resources and for effective decision-making. Over the years, the demand for endoscopy has increased significantly because of the growing preference for minimally invasive surgeries. Apart from being minimally invasive, endoscopic procedures are also cost-effective in terms of preoperative and postoperative care costs and length of stay at hospitals. The technological advancements and breakthroughs in the field of endoscopy are expected to drive the global endoscopy equipment market in the coming years. Advancements in the technology have resulted in several improvisations, including increased angles in the field of view in endoscopes; reduced outer diameters of scopes; endoscopy systems that are integrated with high-resolution technologies such as 3-D systems; capsule endoscopes; and miniaturized endoscopy systems. The other factors that are driving the growth of the global endoscopy equipment market include the favorable reimbursement scenario in select regions, the growing aging population, and the increasing prevalence/incidence of diseases that require endoscopy procedures. Download the full report: https://www.reportbuyer.com/product/591405/ About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers http://www.reportbuyer.com For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +44 208 816 85 48 Website: www.reportbuyer.com To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/endoscopy-devices-applications-and-global-markets-300296681.html SOURCE ReportBuyer |