The rising occurrence of chronic diseases is one of the significant factors influencing market growth.
CANADA, BC, VANCOUVER, December 28, 2021 /EINPresswire.com/ — The global laparoscopy and endoscopy devices market is projected to be worth USD 28.30 Billion by 2027, according to a current analysis by Emergen Research. The laparoscopy and endoscopy devices market is observing high demand attributed to the rising occurrence of chronic diseases such as cancer. Cancer significantly impacts the societal and economic growth in the US and worldwide and is a major contributor to the cost burden of disease. It has been anticipated that 1,806,590 new cancer cases are likely to be diagnosed in the US in 2020, and 606,520 deaths will occur owing to the disease. Gastrointestinal (GI) cancer is the second leading cause of mortalities due to cancer and GI endoscopy. It is the most appropriate way for diagnosing the disease and hence boosting the laparoscopy endoscopy devices market demand.
The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deal. The report provides an in-depth investigation of the global market, largely focusing on each segment and sub-segment of the Laparoscopy and Endoscopy Devices market. The real-time data accumulated through qualitative and quantitative research technique further help business owners determine where they stand in comparison to their region, country, and product category. Our sample copy includes a brief analysis of the Laparoscopy and Endoscopy Devices market, the List of Tables and Figures, the market’s competitive scenario and geographical segmentation, and product innovation and future developments based on a sought-after research methodology.
Key Highlights From The Report
In October 2019, Medtronic PLC made an announcement about the introduction of GI Genius™ intelligent endoscopy module, which deploys AI to identify colorectal polyps and offer physicians with a strong tool in combatting colorectal cancer.
Gynecological endoscopy is likely to witness a significant growth rate in the forecast period and finds usage in diagnosing common female conditions and pathologies, including certain infertility problems, endometrial polyps, and small vaginal hemorrhages, among others.
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The Global Laparoscopy and Endoscopy Devices Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The Global Laparoscopy and Endoscopy Devices Market report presents comprehensive information covering insightful data for businesses and investors for the time period of 2020-2027. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market.
Key participants include Stryker Corporation, Fujifilm, Smith & Nephew PLC, Cook Medical, Boston Scientific, B. Braun Melsungen, Olympus, Medtronic, Karl Storz, and Hoya Corporation, among others.
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Emergen Research has segmented the global laparoscopy and endoscopy devices market on the basis of device type, application, end-users, and region:
Device Type Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
End Users Outlook (Revenue, USD Billion; 2017-2027)
Hospitals & Clinics
Ambulatory Surgical Centers
The report aims to deliver a comprehensive understanding of the Laparoscopy and Endoscopy Devices market growth and expansion in each key region of the world. It offers accurate estimations about the expected market size and growth over the projected timeline of 2020-2027.
Major Geographies Covered in the Report:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Laparoscopy and Endoscopy Devices Market Segmentation & Impact Analysis
4.1. Laparoscopy and Endoscopy Devices Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
126.96.36.199. Rising occurrence of chronic diseases
188.8.131.52. Growing geriatric population
184.108.40.206. Growing demand for minimally invasive surgery
220.127.116.11. Technological advancement
4.2.3. Market restraints analysis
18.104.22.168. Low awareness of the product
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
The research provides answers to the following key questions:
What are key drivers believed to shape the future of the market during the estimated period?
What are the prominent industry players dominating the Laparoscopy and Endoscopy Devices market during the forecast period?
What are the major trends influencing the development of the industry?
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