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Medical Videoscope Market by Scope, by Application  - Global Forecasts to 2019

Medical Videoscope Market: Global Forecasts until 2019

  • May 2015
  • 127 pages
  • ID: 2947105
In this report:
The visualization systems segment commanded the largest share of the global medical videoscopes market [comprising of videoscopes (rigid and flexible) and visualization systems] in 2014; it is expected to grow at a CAGR of ##.##% to reach $##,## million by 2019
For instance, The People's Republic of China Market for Medical Devices states that the import value of endoscopes in 2010 was $## million, witnessing an increase of ##% over 2009.


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Over the years, the overall medical videoscopes market, which comprises videoscopes and visualization systems, has witnessed different technological advancements. These advancements have increased the application areas for medical videoscopes. They are now used in laparoscopy, arthroscopy, bronchoscopy, gastrointestinal endoscopy, urology, gynecology, and neuroendoscopy, among others.

The visualization systems segment is the quickest-increasing segment of the overall medical videoscopes market. The growing number of endoscopic procedures is likely to propel the increase of this market.

Visualization systems play a vital role as they enable surgeons to observe body cavities and organs/canals. These systems have applications in most endoscopic procedures as well as in all types of video-assisted procedures, including general endoscopic, laparoscopic, bariatric, thoracic, and anterior/posterior spinal procedures. Over the years, visualization systems have also witnessed a increasing number of technological advancements. For example, endoscopic cameras have evolved from single-chip cameras to HD cameras and further to 3D cameras, thereby improving image and video quality. Therefore, the increasing market for visualization systems is likely to boost the overall medical videoscopes market.

In the next years, the rise of the overall medical videoscopes market is likely to be centered on China (CN), India (IN), Japan (JP), Australia (AU), and New Zealand (NZ). These countries offer an array of opportunities for increase and are likely to serve as new revenue pockets for the overall medical videoscopes market. All these countries offer high increase potential as distinguished to mature markets including the U.S. and Europe (EU). Elements such as rise in the aging and chronically ill population, the rising number of private sector hospitals, advancements in endoscopic technology, and development in rural healthcare facilities play a pivotal role in propelling the demand for endoscopy in the Asian area. China (CN) and India (IN) will be the focal points for increase of endoscopy in the Asian market. Rest of the world includes regions including Latin America, African continent, the Middle East (ME), and the Pacific countries. These sectors are slated to grow at a steady pace due to increased reimbursement coverage, government healthcare spending, as well as awareness levels of patients concerning minimally invasive surgeries.

The overall medical videoscopes market witnesses high competitive intensity as there are many big and small companies with similar product offerings. These firms embrace different strategies (modernizations, acquisitions, and geographic extensions related to endoscopy products) to rise their market shares and establish a strong foothold in the overall market. Nevertheless, the high cost of endoscopic systems and the need for skilled professionals to operate these highly sophisticated endoscopy systems are factors that are limiting the use of advanced medical videoscopes.

The analysis extensively covers medical videoscopes (products and applications). A volume review of the market has also been provided by considering the average prices of instruments across geographies and years.

Why Purchasing This Study Can Help You:

The market research will increase both established firms as well as new entrants/smaller companies to measure the pulse of the sector, which in turn will facilitate organizations in garnering a greater market share. Companies obtaining the industry report could use any one or an aggregation of the below-mentioned five strategies (Business entry, Product improvement/Innovative projects, Industry development, Industry diversification, and Opposing assessment) for strengthening their market shares.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on product types and services provided by the most important 10 market actors in the overall medical videoscopes market. The analysis examines videoscopes, and visualization systems

• Product Development/Innovative products: In-depth understanding on the next technologies, analysis and growth activities, and recent product launches in the overall medical videoscopes market

• Market Development: Highlighted information about profitable emerging sectors. The market research examines the industries for different medical videoscopes across geographies

• industry diversification: Complete information about recent products and services, untapped areas, recent evolutions, and market investments in the overall medical videoscopes market

• opposing assessment: In-depth assessment of market share, strategies, products and services, and manufacturing competences of key players in the overall medical videoscopes market

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