Tag: Endoscopy Devices market

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Pharmaceutical

Endoscopy Devices Industry is Projected to Achieve a Global Market Size of US$ 113.8 Bn by 2032, Reports Fact.MR

Global sales of Endoscopy Devices Market in 2021 was held at US$ 44.8 Bn. With 9.0%, the projected market growth during 2022 – 2032 is expected to be significantly higher than the historical growth. Gastrointestinal (GI) Endoscopy is expected to be the highest revenue generating segment, accounting for an expected CAGR of 10.0% during 2022 – 2032.

Key Points Covered in Endoscopy Devices Market Survey:

  • Market Estimates and Forecasts (2017-2032)
  • Key Drivers and Restraints Shaping Market Growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Market Share Analysis
  • COVID-19 Impact on Endoscopy Devices Market and How to Navigate
  • Recommendation on Key Winning Strategies

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Competitive Analysis

Due to the growing need for endoscopic devices for various therapeutic and diagnostic procedures, there is a fierce competition among the existing providers of medical devices including endoscopy devices. Furthermore, prominent players’ technological developments in the field of endoscopic devices are raising the stakes even higher. Added to that, prominent market players are forming strategic alliances with other competitors in the form of product launches, mergers and acquisitions, and collaborations, as well as increasing R&D in the domain of endoscopic technologies.

Some of the prominent players in the Endoscopy Devices market include Olympus Corporation, FUJIFILM Holdings Corporation, Stryker Corporation, Boston Scientific Corporation, Pentax Medical, Hoya Corporation, Johnson & Johnson, Karl Storz GmbH & Co. KG, Medtronic Plc, Medrobotics Corporation, Richard Wolf GmbH, and Smith & Nephew Plc.

Some of the recent developments of key Endoscopy Devices providers are as follows:

  • In 2021, Fujifilm Holdings Corporation announced the launch of the ELUXEO 7000X System, a novel video imaging technology. This advanced imaging system is beneficial in enabling real-time visualization of the haemoglobin-oxygen saturation levels in the tissues during the endoluminal imaging and/or laparoscopic procedures.
  • In 2020, Pentax Medical announced the launch of its innovative J10 series of ultrasound video gastroscopes. This technologically advanced gastroscope with ergonomic design, enhanced maneuverability, and better image quality will be beneficial in delivering both market and clinical needs.

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Market Segments Covered in Endoscopy Devices Market Analysis

·         By Endoscopy Devices Type :

    • Endoscopes
    • Endoscopy Visualization Systems
    • Endoscopy Visualization Component
    • Operative Devices

·         By Application Type :

    • Gastrointestinal (GI) endoscopy
    • Laparoscopy
    • Obstetrics/ Gynecology endoscopy
    • Arthroscopy
    • Urology endoscopy (cystoscopy)
    • Bronchoscopy
    • Mediastinoscopy
    • Otoscopy
    • Laryngoscopy
    • Other applications

·         By End-Use Type :

    • Hospitals
    • Ambulatory Surgery Centers
    • Other end-uses

·         By Region :

    • North America
    • Latin America
    • Europe
    • APAC
    • MEA

How is Rise of Chronic Illnesses and Growing Geriatric Population Driving the Endoscopy Devices Demand?

Endoscopy market expansion will be fuelled in large part by the growing population around the world. Chronic illnesses such as gastrointestinal disorders, orthopaedic disorders, ophthalmic disorders, and other disorders are common among the geriatric population.

Immunological diseases are also very common among the elderly. Among senior individuals, gastrointestinal endoscopy such as endoscopic retrograde cholangiopancreatography (ERCP), colonoscopy, and esophagogastroduodenoscopy is safe and effective. These considerations are fuelling the demand for technologically sophisticated endoscopic devices as well as increased funding for endoscopic screening and care.

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About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

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Categories
Pharmaceutical

Endoscopy Devices Market to Expand at a Healthy CAGR of 4.6% through 2031

global-medical-device-technologies-market-share-forecast-by-region

Medical Device Technologies Market size is done based on a triangulation methodology that is primarily based on experimental modelling approaches such as patient-level data or disease epidemiology for any key indications , number of procedures and install base analysis for any equipment to obtain precise market estimations  for the base year as well as in historic data analysis. Bottom-up approach is always used to obtain Medical Device Technologies insightful data for the specific country/regions.

The country specific data is again analyzed to derive data at a global level. Specific factors/parameters are considered related to the individual Medical Device Technologies market and quantified with insightful rationale.

The Demand analysis of Medical Device Technologies Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of Medical Device Technologies Market across the globe.

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Medical Device Technologies Market: Segmentation

Fact.MR has studied the medical device technologies market with detailed segmentation on the basis of device type, end-user and region.

Device Type

  • In-Vitro Diagnostic (IVD) Devices
  • Cardiology Devices
  • Diagnostic Imaging Devices
  • Orthopedic Devices
  • Ophthalmoogy Devices
  • Endoscopy Devices
  • Diabetes Care Devices
  • Wound Management Devices
  • Kidney/Dialysis Devices
  • Anesthesia and Respiratory Care Devices
  • Others

End-user

  • Academics & Research
  • Hospitals
  • Clinics
  • Diagnostic Centers
  • Ambulatory Surgery Centers
  • Others

Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

“This taxonomy prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.”

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Some Notable Offerings by Fact.MR Report on Medical Device Technologies market:

  • MR will provide you an analysis of the extent to which this Medical Device Technologies market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
  • MR will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
  • Also, this report will help you to identify any trends to forecast growth rates.
  • The analyzed report will forecast the general tendency for supply and demand.

Report Benefits & Key Questions Answered

  • Medical Device Technologies Category and segment level analysis: Fact MR offers detailed analysis of the factors influencing the sales prospect across key segments. Medical Device Technologies category analysis provides deep insights into customer experiences, emerging trends and growth drivers. The vital information highlighted in this section will enable market players to make timely business decision to gain competitive advantage.
  • Medical Device Technologies Manufacturing trend analysis: A key aspect of the study is comprehensive Medical Device Technologies manufacturing trend analysis. These insights provide vital information on how market players are coping with latest trends that are prevailing in the market.
  • Innovation and acquisition activity in Medical Device Technologies: The report highlights in detail the various organic and inorganic strategies adopted manufacturers in order to gain a competitive edge in Medical Device Technologies market. Adoption of various technologies are being discussed in detail.
  • Medical Device Technologies demand by country: The report forecasts the country wise demand for Medical Device Technologies between 2021 and 2031. By analyzing this section of the report, Medical Device Technologies manufacturers can accordingly invest in those regions where the demand is on the rise.
  • Post COVID consumer spending on Medical Device Technologies: The Fact.MR market survey also highlights the impact of COVID-19 on medical devices industry. These insights provide vital information on how market players are executing their manufacturing strategies to coup with the COVID-19 pandemic.

Some of the Medical Device Technologies Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides: 

  • Details regarding latest innovations and development in Medical Device Technologies and how it is gaining customer traction during the forecast period.
  • Analysis about the customer demand of the products and how it is likely to evolve in coming years.
  • Latest regulations enforced by government bodies and local agencies and their impact on Demand of Medical Device Technologies Market .
  • Insights about adoption of new technologies and its influence on the Medical Device Technologies market Size.
  • Overview of the impact of COVID-19 on Medical Device Technologies Market and economic disruptions caused by the pandemic.
  • Evaluates post-pandemic impact on the Sales of Medical Device Technologies Market during the forecast period.

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Technological Innovation in Medical Devices Revolutionizing the Healthcare System

The medical device industry is a heterogeneous, innovative and dynamic sector. From telemedicine to artificial intelligence, robotic surgery and 3D printing, technology is revolutionizing the healthcare industry.

The intersection of healthcare and technology has led to numerous advancements in medical devices. New age medical technology has transformed the way doctors and patients participate and interact with each other. Introduction of advanced medical devices such as drug-device combinations (DDCs), preventive and predictive equipment’s, self-care devices is completely transforming the medical world.

Increasing investments by public and government bodies inhealthcare sector is positively impacting the Medical Device Technologies market. Governments across the globe are introducing various initiatives to strength the medical device sector with major emphasis on research and development (R&D).

After reading the Market insights of Medical Device Technologies Report, readers can:

  • Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
  • Analyze key regions holding significant share of total Medical Device Technologies market revenue.
  • Study the growth outlook of Medical Device Technologies market scenario, including production, consumption, history and forecast.
  • Learn consumption pattern and impact of each end use & supply side analysis of Medical Device Technologies market.
  • Investigate the recent R&D projects performed by each market player & competitive analysis of Medical Device Technologies Market Players.

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How Fact.MR Assists in Making Strategic Moves For Medical Device Technologies Market Manufacturer?

  • The data provided in the Medical Device Technologies market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
  • The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

 

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About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

Visit Our Website: https://www.factmr.com

 

Categories
Pharmaceutical

Medical Device Technologies Market is expected to be valued at US$ 563 Bn by 2025

The medical device technologies market is poised to embark on a moderate growth trajectory, expanding at a CAGR of 4.6% during the period (2020-2025). Rising preference for minimally invasive surgeries is anticipated to fuel the market growth in the future. Such procedures are increasingly utilizing technologies such as robotics to achieve precision in surgical operations. In addition, the usage of medical images has augmented within all health systems. Various imaging modalities such as projection radiography, MRI, CAD/CAM technology and CT scanning techniques provide relevant patient information. Also, platforms such as implantable miniature telescopes, smart adapter and premium intraocular lenses (IOLs) have revolutionized domains such as ophthalmology.

The onset of the coronavirus pandemic, however, is anticipated to downsize the medical device technologies market during the short-term forecast. As healthcare providers are reorienting their operations towards the eradication of the pandemic, other elective procedures have taken a backseat. This is expected to reduce the demand for technologically enhanced devices for the same. However, the market will accelerate in high gear in the post-pandemic scenario when healthcare operations revert to a normal scale.

 

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Key Takeaways of the Medical Device Technologies Market Study

 

  • By device type, sales of diabetes care devices show healthy growth, registering a CAGR of 6.0% during the forecast period. This is attributed to growing proportion of diabetic population across the world.
  • Adoption of medical device technologies in hospitals continues to influence growth strategies, capturing more than 30% of the total market revenue.
  • Rising investment in healthcare infrastructure has led to an increase in the number of hospitals constructed to provide advanced medical treatment. This is anticipated to be an important growth determinant.
  • By region, North America will maintain lead in the medical device technologies market, capturing almost 2/5th of the global market value.
  • Asia-Pacific is expected to create credible growth opportunities for key players, with the market growth expanding at a CAGR of 6.6% through 2025.
  • Increasing prevalence of chronic diseases and rising geriatric population are driving market expansion across both regions.
“Significant technological advancements in medicine have necessitated adoption of sophisticated medical devices to aid surgical procedures. Rising demand for minimally invasive surgeries to reduce patient trauma is anticipated to fuel the market growth,” says the Fact.MR analyst.

 

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Medical Device Technologies Market: Competition Insights

 

The medical devices technologies market shows a high level of fragmentation, with a growing number of market players competing to collaborate with hospitals, clinics and research institutes. The degree of competition is high due to low switching costs by hospitals and the availability of similar products from different companies.

Some prominent players in the medical device technologies market are: Medtronic plc, Johnson & Johnson, Siemens Healthineers, GE Healthcare, F. Hoffmann La Roche Ltd., Phillips Healthcare, Baxter International, Boston Scientific Corporation, Abbott Laboratories and Cardinal Health among others.

global medical device technologies market growth forecast by device type

Medical Device Technologies Market- Driving Factors

  • Expansion of the global geriatric population, coupled with the higher incidences of chronic ailments are major market drivers.
  • Investments by medical technology companies towards research and development support market developments.
  • Faster approvals by regulators to bring products into the market support revenue prospects for market players.

Medical Device Technologies Market- Major Restraints

  • Technical complexity and prohibitive pricing are challenges for many medical device technologies.
  • Strict regulations governing the approval of medical device tech restrains market growth.

 

Get More Insights- https://www.accesswire.com/604475/Medical-Device-Technologies-Market-to-Witness-Moderate-Slump-in-Demand-Owing-to-Restrictions-on-Elective-Healthcare-During-Covid-19-Crisis-Says-FactMR

 

Looking for more information?

The research study on the medical device technologies market by Fact.MR incorporates an unbiased assessment of key factors and trends responsible for shaping the landscape of the medical device technologies market over 2020-2025. It includes a detailed assessment of key parameters that are anticipated to exert influence during 2020-2025. Market statistics have been presented on the basis of device type (in-vitro diagnostic (IVD) devices, cardiology devices, diagnostic imaging devices, orthopedic devices, ophthalmology devices, endoscopy devices, diabetes care devices, wound management devices, kidney/dialysis devices, anesthesia and respiratory care devices and others) and end-users (academics and research, hospitals, clinics, diagnostic centers, ambulatory surgery centers and others) across five major regions.

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About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com
Research Insight: https://www.factmr.com/report/4828/medical-device-technologies-market
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