Global Pharyngoscopes Market 2018-2022

The global pharyngoscopes market is predicted to reach a size of more than USD 370 million by 2022 aided by the increase in technological advancements. Wondering how to make the most of this thriving pharyngoscopes industry? Technavio’s extensive industry research report offers detailed insights that will allow you to take full advantage of the opportunities available to you. This study provides an in-depth analysis of the market by considering the evolving demographics and consumer behavior in the global pharyngoscopes market. It also examines the competitive landscape and some pharyngoscope manufacturers that include Halma, HOYA, and Huger Medical Instrument.

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The global pharyngoscopes market is expected to grow at a CAGR of more than 8% during the forecast period

Pharyngoscopes industry growth is expected to accelerate over the next five years, fueled by the growing technological advances in video pharyngoscope systems. The Americas will drive around 42% of the growth for the global pharyngoscopes market, while EMEA and APAC are also predicted to contribute significantly to the incremental growth in the forecast period. The Americas also held the dominant market share in the global pharyngoscopes market, followed by EMEA and APAC. However, APAC will register a faster growth during the forecast period compared to the Americas and EMEA. Technavio’s pharyngoscopes industry analysis reveals promising markets around the world.

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Fiber pharyngoscopes dominated the global pharyngoscopes market by product type

The fiber pharyngoscopes are the leading product segment in the global pharyngoscopes market with a market share of 60% in 2017, followed by video pharyngoscopes. Video pharyngoscopes are forecasted to witness a faster rate of growth than fiber pharyngoscopes during the forecast period. Video pharyngoscopes are gaining wider adoption in the global pharyngoscopes market owing to growing preference of video endoscopy systems among the healthcare centers, which has resulted in increased sales of video pharyngoscopes.

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Halma, HOYA, and Huger Medical Instrument are among the leading pharyngoscope manufacturers

Most of the established manufacturers in the global pharyngoscopes market are focused on technological advancements to address healthcare challenges such as cost containment, early diagnosis, and affordable health care services. Recent advances in technology have led to the development of HD and ultra HD pharyngoscopes with high-resolution to perform endoscopy for accurate diagnosis and treatment of pharyngoplegia. Many international and regional vendors are vying for their share of the pharyngoscopes market, and players must differentiate themselves to gain vital traction over their peers.

This report offers a complete analysis of several companies, including:

• Halma
• HOYA
• Huger Medical Instrument
• KARL STORZ
• Olympus
• Richard Wolf

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