Report Description Report Description and Highlights

Global Endoscopy Devices Market Trends :

The global endoscopy devices market is primarily driven by the increasing prevalence of chronic diseases, including cancer and gastrointestinal infections, that require endoscopic procedures. Besides this, these procedures include reduced post-operative pain, minimal risk of complications, rapid healing, lighter anesthesia, and a shorter hospital stay. Furthermore, rising awareness regarding the benefits associated with novel, minimally invasive (MI) endoscopy devices is resulting in their growing adoption. Besides this, the introduction of modern endoscopic devices, such as capsule endoscopes and robot-assisted endoscopy, that consist of ultra-high-definition visualization systems are propelling the market growth. Furthermore, the increasing utilization of endoscopy devices in arthroscopy, laparoscopy, bronchoscopy, and cystoscopy has escalated its demand across the globe. Looking forward, the market is expected to exhibit a CAGR of 7.5% during the forecast period (2022-2027).

Looking forward, the market value is projected to reach a strong growth during the forecast period (2022-2027).