2019 Gastrointestinal endoscopy market trends, share, scope and key players
Key market trends and drivers registering gastrointestinal endoscopy market to CAGR of 5.34% during the fiscal period
The medtechnology advancements such as capsule endoscopes are creating growth opportunities of overall gastrointestinal endoscopy market size. The increasing gastrointestinal issues, chronic colon and oesophagus related health issues associated with unhealthy lifestyle and eating habits propels largely drives the gastrointestinal endoscopy market.
Going forward, ongoing transition of consumers towards the minimally invasive procedures augmented with increase in number of health personnel reflected by inclusive medical training and e-learning programmes for handling latest gastrointestinal endoscopy methods and is boosting the demand for gastrointestinal endoscopes in the coming years.
Gastrointestinal endoscopy market scope and regional outlook
The research report on global gastrointestinal endoscopy market by OG Analysis identifies endoscopic retrograde cholangiopancreatography devices, hemostasis devices, capsule endoscopy, biopsy devices, GI videoscopes, and other as key types. Further, the market is segmented by key End User Industries including hospitals, clinical centres and others.
The GI endoscopy procedure may be performed in either an outpatient or inpatient setting to evaluate and diagnose several gastric and oesophagus related problems ranging from ulcers, tissue tears to muscle spasms.
The analysis is also based across the following regions
South America & Central America
Middle East & Africa
Among, the dominating regions Americas and Asia-Pacific are capturing the global gastrointestinal endoscopy market owing to advancements in medical field and technology coupled with robust health providing facilities, and excellent health professionals.
Amid, end-users hospitals and clinics continue to dominate gastrointestinal endoscopy market
Hospitals continues to majorly contribute to gastrointestinal endoscopy market and reports highest CAGR during the forecast period up to 2025.
Availability of a wide range of facilities in hospitals coupled with increased investments by government and private sectors for establishments of advance hospitals largely drives the demand of gastrointestinal endoscopy market.
By types, capsule endoscopy devices are rapidly emerging segment of gastrointestinal endoscopy market
The ease of usage of capsule endoscopy devices for gastro-centric issues associated with highly reliable and precise diagnosis results largely captures gastrointestinal endoscopy market. Video capsule endoscopy technology integrated with wireless approach is expected to dominate the gastrointestinal endoscopy market growth in the medium to long term future. Request sample
Key players operating in the gastrointestinal endoscopy market