China Colonoscopy Devices Market: Analysis Report, Share, Trends and Overview 2021-2027

Orion Market Research

China Colonoscopy Devices Market Trends, Research Report, Growth, Opportunities, Forecast 2021-2027 Request a free sample of our report on China Colonoscopy Devices https://www.omrglobal.com/request-sample/china-colonoscopy-devices-market

Market:

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China colonoscopy devices market is estimated to grow considerably at a CAGR of 6.7% during the forecast period. China holds a significant share in the colonoscopy devices market. This has resulted due to the increasing prevalence of colon cancer and colorectal cancer researchers in China. According to Hong Kong Cancer Registry, in 2017, the most frequently diagnosed cancers for both men and women in Hong Kong were colorectum cancer with 17.0% of all new cancer cases, lung cancer with 15.7%, and breast cancer with 13.3%, prostate cancer with 6.8% and liver with 5.5%. Such five leading cancers represented over half of all new cancer cases that are 58.3%. The growing trend of these cancers in China has led by a substantial rise in the aging population and changing lifestyle.

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In addition, China’s healthcare expenditure has grown rapidly in the past year. It is projected to grow with a rate of 8.4% annually, on average, in that period, as per the estimate from Health Affairs. The growth will mainly be driven by rapid increases in services per case of disease and unit cost, which respectively contributes to 4.3 and 2.4 percentage points. Such increasing healthcare expenditure is creating a path for the growth of colorectal cancer diagnosis and colonoscopy devices market in the country. Additionally, an awareness program by the National Cancer Institute is also expected to influence people for a screening of colon and rectal disease.

To learn more about this report request a sample copy @ https://www.omrglobal.com/requestsample/china-colonoscopy-devices-market The companies which are contributing to the growth of the China colonoscopy devices market include Boston Scientific Corp., FUJIFILM Holdings Corp., Hoya Corp., Olympus Corp., and Karl Storz GmbH & Co. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market.

China Colonoscopy Devices Market- Segmentation

By Type  

Conventional Colonoscopy Virtual Colonoscopy

By End-User   

Hospitals Clinics Others

For more customized data, request for report customization @ https://www.omrglobal.com/reportcustomization/china-colonoscopy-devices-market Company Profiles          

Ambu A/S B. Braun Melsungen AG Boston Scientific Corp.

FUJIFILM Holdings Corp.

Guangzhou MeCan Medical Devices Co., Ltd. Hoya Corp.

Karl Storz GmbH & Co. Medtronic PLC Olympus Corp.

Sonoscape Medical Corp.

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