Global Gastroscopes Market 2018-2022

This market research and industry analysis report presents a comprehensive understanding of the global gastroscopes market based on product (flexible gastroscopes and rigid gastroscopes) and end-user (hospitals, ASCs, and others). The report also provides an analysis of the gastroscopes market segments based on geographic regions such as the Americas, APAC, and EMEA.

Global gastroscopes market forecast

Technavio’s market research report identifies that the rising prevalence of GI disorders will be one of the primary growth drivers for the global gastroscopes market till 2022. The demand for endoscopy procedure and GI diagnostic procedures is increasing due to the growing incidence of digestive system cancers, which includes esophagus, stomach, pancreas, gallbladder, and other organ cancers. Technavio’s market research analysts predict that the gastroscopes market to grow at a CAGR of close to 6% by 2022.

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Gastroscopes market demand

 In terms of geography, during 2017, the Americas accounted for the majority market share for gastroscopes. This is due to the increasing penetration of gastroscopes in various healthcare units. The growing demand for endoscopy procedure and endoscopy equipment will further boost the demand for gastroscopes and drive the growth prospects for the gastroscopes market in the Americas during the forecasted period.

Gastroscopes market report: Companies covered

The gastroscopes market is highly concentrated and characterized by the presence of key vendors. Market research analysts offer information about the competitive scenario of the market along with the strategies adopted by various vendors to remain competitive in the market. The industry analysis report mentions the products and services offered by these companies.

Some of the vendors in the gastroscope endoscopes market includes:

• Endomed Systems          
• FUJIFILM            
• HOYA   
• HUGER Medical Instrument
• KARL STORZ       
• Olympus             

Gastroscopes market segments based on product type

• Flexible gastroscopes
• Rigid gastroscopes

The gastroscope endoscopes market is witnessing growth in the flexible gastroscopes due to the growing preference for flexible gastroscopes over rigid endoscope gastroscope equipment among various physicians. The market will continue to grow in the segment during the predicted period due to the growing adoption of flexible gastroscopes in several hospitals and other healthcare sectors.

Gastroscopes market segments by end-user

• Hospitals
• ASCs

The hospitals segment is contributing the majority of shares toward the gastroscopes market due to the increased use of advanced gastroscopes in many private hospitals. Several hospitals with advanced healthcare infrastructure and endoscopic facilities use gastroscopes to diagnose and treat people with acute or chronic disorders. The influx of patients is high in hospitals due to the availability of reimbursement policies.

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Key questions answered in the report include

• What will the gastroscopes market size and the growth rate be in 2022?
• What are the key factors driving the global gastroscopes market?
• What are the key market trends impacting the growth of the global gastroscopes market?
• What are the challenges to market growth?
• Who are the key vendors in the global gastroscopes market?
• What are the market opportunities and threats faced by the vendors in the global gastroscopes market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global gastroscopes market?

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