Medical Devices & Consumables / Endoscopy Camera Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Olympus Corporation, Richard WOLF GmbH, TOPCON CORPORATION, Sony Corporation
Endoscopy Camera Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Olympus Corporation, Richard WOLF GmbH, TOPCON CORPORATION, Sony Corporation
The global Endoscopy Camera market size is expected to grow by US$ 7.5 billion by 2027 with a CAGR of 8.9%.
Endoscopy Camera Market Overview
Endoscopic camera is a small camera with a long wire that is used in endoscopy techniques to observe microscopic portions on a large screen. The doctors utilize them to view the bodily veins and biological systems. These are also utilized to do quick procedures and to remove certain tissues for biopsy. Rising continual innovations and technical advancement in the endoscopy business is a critical component accelerating market expansion, as is growing demand for endoscopy, rising investments, funding, and grants, expanding number of hospitals and growing hospital investments in endoscopy facilities, increasing technological advancements in the cameras used, rise in the desire for minimally invasive endoscopic procedures, and a growing geriatric population worldwide. Additionally, during the anticipated period of 2022 - 2027, growing R&D activity and the healthcare sector in emerging economies will open up new prospects for the endoscopic camera market. Growing demand for endoscopy, rising investments, funding, and grants, an increase in the number of hospitals and hospital investments in endoscopy facilities, increasing technological improvements in the cameras used, an increase in interest in minimally invasive endoscopic procedures, and an increase in the global geriatric population are all important factors speeding market expansion. Additionally, during the predicted period of 2022–2027, expanding R&D activities and the healthcare industry in emerging economies will create new opportunities for the market for endoscopic cameras.
Industry News and Updates
04/23/2020:Olympus launches EVIS X1, its most advanced endoscopy system to date --
Olympus Corporation (President: Yasuo Takeuchi) today announced the launch of EVIS X1, its most advanced endoscopy system to date. The new system is to improve outcomes from disorders of the stomach, colon, and oesophagus, as well as from bronchial diseases, by providing every endoscopist with innovative and proven tools. The launch of EVIS X1 further strengthens Olympus’ leadership in endoscopy and continued medical focus.
What are the major Applications, Types and Regions for Endoscopy Camera Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
HD Cameras
SD Cameras
By Application, it is segmented into
Hospitals & Ambulatory Surgery Centers
Specialty Clinics
Endoscopy Camera Market Regional Analysis
The Endoscopy Cameras market in the United States is expected to be worth $250.4 million by 2020. The second-largest economy in the world, China, is anticipated to grow at a CAGR of 12.4% from 2020 to 2027 to reach a projected market size of US$367 million. Japan and Canada are two more notable geographic markets, with growth rates of 4.5% and 7.3%, respectively, predicted for each for the years 2020–2027. Germany is expected to expand within Europe at a rate of growth of roughly 5.3% CAGR. The market for endoscopic cameras is dominated by North America because of the region's rising older population, preference for minimally invasive surgeries, and increased occurrence of diseases like bladder and colon malignancies. Due to the region's improved healthcare infrastructure, rising demand for cutting-edge diagnostic procedures, and strong economic growth, Asia-Pacific is the region predicted to experience the fastest growth in the endoscopic camera market.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Endoscopy Camera Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Endoscopy Camera Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Yes, the report can be customized as per your needs
Key Takeaways from this Endoscopy Camera Market Report
Evaluate Endoscopy Camera market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Endoscopy Camera market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the growth rate of Endoscopy Camera Market?
The Endoscopy Camera Market is growing at a CAGR of 8.9% over the next 5 years.
Who are the key players in Endoscopy Camera Market?
What are the significant types of Endoscopy Camera Market?
HD Cameras, SD Cameras
What are the major end-use applications of Endoscopy Camera Market?
Hospitals & Ambulatory Surgery Centers, Specialty Clinics
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
