Pune, 10, April, 2023: Maximize Market Research, a Healthcare business research firm has published a report on the “Endoscopic Imaging Market”. The total market opportunity for Endoscopic Imaging was USD 27.75 Bn in 2021 and is expected to grow at 7.2 percent CAGR through the forecast period to reach USD 48.41 Bn by 2029.
Endoscopic Imaging Market Report Scope and Research Methodology
The report includes qualitative and quantitative analysis of the Endoscopic Imaging Market based on segmentation involving economic and non-economic factors. It also includes an in-depth analysis of the Endoscopic Imaging industry from various perspectives by employing Porter’s five forces analysis. The report provides insight into the Endoscopic Imaging Market through the value chain. The report offers historical data and forecasts revenue growth at country, regional and global levels along with an analysis of the market trends in each of the sub-segments and regions. The competitive landscape in the report includes details by competitors including company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The bottom-up approach was used to estimate the global and regional Endoscopic Imaging Market size.
Endoscopic Imaging Market Dynamics
The market is majorly driven by the increasing preference for medical professionals to use advanced endoscopy imaging devices along with high-definition cameras and light sources to assist physicians in analyzing internal organs of interest. Endoscopy equipment manufacturers are encouraged to increase their presence in developing countries due to the increasing cancer burden, rapid growth of medical tourism, improvements in healthcare infrastructure and increasing favorable regulations. During the forecast period, the market is expected to grow immensely due to the increasing prevalence of several chronic diseases and other diseases, which is rising the adoption of endoscopy for diagnosis and treatment. The lack of skilled technicians and infections caused by few endoscopes are the main restraining factors for the growth of the market.
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Endoscopic Imaging Market Regional Insights
The North America region held the largest Endoscopic Imaging Market share of 43.3 percent in 2021. The growth of the regional market is expected majorly due to the increasing adoption of elective endoscopic procedures, a high geriatric population and improved healthcare expenditure. Functional gastrointestinal disorders and the high burden of cancer in the US are expected to drive the market during the forecast period.
The Endoscopic Imaging Market in the Asia Pacific region is expected to grow at a high rate during the forecast period. This growth of the market is attributed to the presence of a large patient population pool suffering from functional gastrointestinal disorders.
Endoscopic Imaging Market Segmentation
By Application
By Product
Endoscopic Imaging Key Competitors include:
Table of Content for Endoscopic Imaging Market
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Key questions answered in the Endoscopic Imaging Market report are:
Key Offerings:
Maximize Market Research is leading Healthcare research firm, has also published the following reports:
Endoscopy Equipment Market – The market size is expected to reach USD 54 billion by 2029 at a CAGR of 8.5 percent during the forecast period. The increasing incidence of chronic disorders is expected to drive the market.
Endoscopy Device Market – The market size is expected to reach USD 76.15 billion by 2029 at a CAGR of 7.5 percent during the forecast period. The market is expected to be driven by the increasing need for treatments due to the increasing prevalence of chronic diseases.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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Media ContactCompany Name: MAXIMIZE MARKET RESEARCH PVT. LTD.Contact Person: Geeta YevleEmail: Send EmailPhone: +91 9607365656Address:3rd Floor, Navale IT Park, Phase 2, Pune Banglore Highway, Narhe,City: PuneState: MaharashtraCountry: IndiaWebsite: https://www.maximizemarketresearch.com/market-report/global-endoscopic-imaging-market/85893/
