Endoscopy Devices Market – 41% of Growth to Originate from North America|Evolvin… – Press Release

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NEW YORK, April 15, 2022 /PRNewswire/ — The “Endoscopy Devices Market – Competitive Analysis, Drivers, Trends, Challenges &  Five Force Analysis” report has been added to Technavio’s offering. The endoscopy devices market is estimated to grow by USD 12.32 billion from 2021 to 2026, growing at a CAGR of 7.1% as per the latest market report by Technavio. 41% of the market’s growth will originate from North America during the forecast period. The US is the key market for endoscopy devices market in North America. Market growth in this region will be slower than the growth of the market in Asia. The increasing incidence of chronic diseases such as arthritis, GI diseases, and ENT disorders will facilitate the endoscopy devices market growth in North America over the forecast period.

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Market Dynamics

Factors such as the increasing volume of endoscopy procedures coupled with the growing target population, increasing demand for minimally invasive procedures, and the growing demand for video endoscopy systems will drive the growth of the Endoscopy Devices Market  However, risks and complications associated with endoscopy might hamper the market growth. The holistic analysis of the drivers, trends & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Company Profiles

The endoscopy devices market is fragmented and the vendors are deploying growth strategies such as R and D to compete in the market. Some of the companies covered in this report are Arthrex Inc., asap endoscopic products GmbH, B Braun Melsungen AG, Boston Scientific Corp., Conmed Corp., Ecleris, FUJIFILM Holdings Corp., G.I. View Ltd., Hitachi Ltd., Integrated Endoscopy, IntroMedic Co. Ltd., Johnson and Johnson, KARL STORZ SE and Co. KG, Laborie Medical Technologies Corp., Medtronic Plc, Olympus Corp., Optim LLC, Smith and Nephew plc, Stryker Corp., and…

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