Mon. Dec 9th, 2019

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Endoscope Repair Market during the forecast period of 2017 to 2025

3 min read

An in-depth assessment of data on ‘Endoscope Repair Market’, by Persistence Market Research, offers an exhaustive study targeting current trends influencing the business across the profiled regions. Significant details related to market size, market share, applications, and statistics have been included to get a 360 view of the ‘Endoscope Repair Market’. The research further focuses on a comprehensive competitive dashboard, wherein growth strategies adopted by market players have been outlined.

Increasing demand for endoscopic procedures, owing to its benefits of being a minimally invasive procedure, is anticipated to boost growth of the global endoscope repair market. Guidelines published by several government authorities, including the Food and Drug Administration (FDA), Society of Gastroenterology Nurses and Associates (SGNA), Centers for Disease Control and Prevention (CDC), and American Society for Gastrointestinal Endoscopy (ASGE) have played a key role in ensuring manufacturers focus on quality compliance. This, in turn, has catalyzed the demand for endoscope repair services.

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Rising Colorectal & Gastrointestinal-related Diseases to Drive Market Growth

According to Persistence Market Research (PMR), the global endoscope repair market is projected to register a significant 6% CAGR during the forecast period (2017 to 2025). The market is estimated to generate revenues worth US$ 1,649.7 Mn by 2025-end. This growth is primarily attributed to shifting preferences of doctors and patients from conventional procedure toward endoscope procedure owing to its safety and efficacy.

In addition, rising popularity of colorectal and gastrointestinal-related diseases has led to increasing demand for endoscopy procedures, primarily for detection and treatment purposes. According to WHO, incidences of benign, malignant gastrointestinal diseases, and colorectal complications have gained an uptick among elderly population. This is further expected to propel demand for endoscopes and drive growth of the market.

North America will remain the largest market for endoscope repair with more than 30% share, followed by Europe and Asia Pacific (APAC). The North America endoscope repair market is expected to exceed US$ 600 Mn by 2025-end. APAC is anticipated to exhibit fastest growth at 6.3% CAGR through 2025, followed by Europe and Middle East & Africa (MEA).

1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. PMR Analysis and Recommendations
1.4. Wheel of Fortune

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2. Market Introduction
2.1. Market Definition
2.2. Market Taxonomy

3. Endoscope Repair Market View Point
3.1. Macro-Economic Factors
3.2. Opportunity Analysis

4. North America Endoscope Repair Market Analysis 2013–2016 and Forecast 2017–2025
4.1. Introduction
4.2. Regional Market Dynamics
4.3. Historical Market Size (US$ Mn) By Country, 2013–2016
4.3.1. U.S.
4.3.2. Canada
4.4. Market Size (US$ Mn) Forecast By Country, 2017-2025
4.4.1. U.S.
4.4.2. Canada
4.5. Historical Market Size (US$ Mn) By Product Type, 2013–2016
4.5.1. Laparoscope
4.5.2. Arthroscope
4.5.3. Colonoscope
4.5.4. Gastroscope
4.5.5. Bronchoscope
4.5.6. Hysteroscope
4.5.7. Esophagoscope
4.5.8. Duodonoscope
4.6. Market Size (US$ Mn) Forecast By Product Type, 2017-2025
4.6.1. Laparoscope
4.6.2. Arthroscope
4.6.3. Colonoscope
4.6.4. Gastroscope
4.6.5. Bronchoscope
4.6.6. Hysteroscope
4.6.7. Esophagoscope
4.6.8. Duodonoscope
4.7. Historical Market Size (US$ Mn) By Modality Type, 2013–2016
4.7.1. Rigid
4.7.2. Flexible
4.8. Market Size (US$ Mn) Forecast By Modality Type, 2017-2025
4.8.1. Rigid
4.8.2. Flexible
4.9. Historical Market Size (US$ Mn) By Service Provider, 2013–2016
4.9.1. Original Equipment Manufacturers (OEM)
4.9.2. Third Party Vendors
4.10. Market Size (US$ Mn) Forecast By Service Provider, 2017-2025
4.10.1. Original Equipment Manufacturers (OEM)
4.10.2. Third Party Vendors
4.11. Historical Market Size (US$ Mn) By Facility Type, 2013–2016
4.11.1. Hospitals
4.11.2. Ambulatory Surgical Centers
4.11.3. Endoscopy Clinics
4.12. Market Size (US$ Mn) Forecast By Facility Type, 2017-2025
4.12.1. Hospitals
4.12.2. Ambulatory Surgical Centers
4.12.3. Endoscopy Clinics
4.13. Drivers and Restraints: Impact Analysis
4.14. Market Attractiveness Analysis
4.14.1. By Country
4.14.2. By Product Type
4.14.3. By Modality Type
4.14.4. By Service Provider
4.14.5. By Facility Type

5. Latin America Endoscope Repair Market Analysis 2013–2016 and Forecast 2017–2025
5.1. Introduction
5.2. Regional Market Dynamics
5.3. Historical Market Size (US$ Mn) By Country, 2013–2016
5.3.1. Brazil
5.3.2. Mexico
5.3.3. Rest of Latin America
5.4. Market Size (US$ Mn) Forecast By Country, 2017-2025

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