The Endoscope Repair Market is expected to increase from US$ 976.8 Mn in 2016 to US$ 1,650 Mn by the end of 2025, according to Persistence Market Research. Over the predicted period of 2017–2025, this indicates a CAGR of 6.0%. According to estimates, there would be a US$ 613 million opportunity between 2017 and 2025 and an absolute US$ 66.6 million opportunity in 2018 over 2017. Over the course of the projected period, rising demand for endoscopic operations, which are less invasive procedures, will have a significant impact. This can be linked to an ageing population and rising disease incidence.
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The benefits include less blood loss, a decreased risk of infection, a quicker recovery, and less visible surgical scarring. Atrial fibrillation is less likely to occur as a result of minimally invasive procedures, which also take less time. Consumer interest in these benefits is high, which propels the endoscope repair market. Over the course of the projection period, it is anticipated that the market for endoscope repairs would expand due to the trend of an increasing demand for endoscopic treatments.
In terms of revenue, North America dominated the global endoscope repair market in 2017, and the trend is anticipated to hold during the forecast period. With an attractiveness score of 1.8 throughout the predicted period, North America is the market with the highest attractiveness.
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Over the years 2017 to 2025, the North American endoscope repair market is expected to generate more than US$ 605 million in revenue. With an attractiveness index of 1.4 over the forecast period, Europe is anticipated to be the second most lucrative market in the global endoscope repair market.
Companies Covered in This Report – Endoscope Repair Market
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- Stryker Corporation
- Medivators Inc.
- Olympus Corporation
- Pentax Medical Company (Hoya Corporation)
- Smith & Nephew PLC.
- Fujifilm Holdings Corp.
- Karl Storz GmbH & Co. KG
- Medserv International, Inc.
- Endoscopy Repair Specialist Inc.
- Fibertech Incorporation
- Associated Endoscopy, Inc.
- EndocorpUSA
- Medical Optics
- HMB Endoscopy Products
- Endodoctor GmbH
- Schölly Fiberoptic GmbH
- MD
- XION GmbH
- Integrated Medical Systems International, Inc.
- United Endoscopy
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Market Taxonomy Endoscope Repair Market
Endoscope Repair Market : By Product Type
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- Laparoscope
- Arthroscope
- Colonoscope
- Gastroscope
- Bronchoscope
- Hysteroscope
- Esophagoscope
- Duodonoscope
Endoscope Repair Market : By Modality Type
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- Rigid
- Flexible
Endoscope Repair Market By Service Provider
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- Original Equipment Manufacturers (OEM)
- Third Party Vendors
Endoscope Repair Market By Facility Type
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- Hospitals
- ASCs
- Endoscopy Clinics
Endoscope Repair Market By Region
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- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
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