As the need and preference for minimally invasive surgeries are rapidly rising, the demand for endoscopic procedures is also witnessing substantial growth. Since endoscopes are minimally invasive and use the natural openings of the body for insertion to aid physicians with enhanced images for the purpose of diagnosis and therapy, the need for scope...

22 Dec 2020  |  Global

Frost Radar™: Global Endoscopy Market, 2020

A Benchmarking System to Spark Companies to Action—Innovation that Fuels New Deal Flow and Growth Pipelines

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Globally, the demand for minimally invasive surgeries is trending upward at a quick pace, so consequently the demand for innovative endoscopy devices used in these procedures is anticipated to surge in the mid-to-long term. Moreover, health systems will be forced to clear the backlogs of “elective surgeries” that were postponed due to the COVID...

The Indian endoscopy devices market is growing while the average price of scopes is decreasing. The market is driven by the rising prevalence of chronic diseases, private healthcare services, and medical tourism. This growth is primarily attributed to the expanding healthcare facilities and the increase in the number of procedures. India has less ...

The endoscopy devices market in Thailand is expected to grow due to the rising demand for minimally invasive procedures, driven by reduced procedure time and increased results efficacy due to the use of better diagnostics equipment (which is promoted by private hospitals). Despite the rising population and the demand for healthcare, spending as a ...

Australia's population has been increasing, with a significant proportion aged 65 and above. Disease profiles have been changing toward more lifestyle-related diseases, and healthcare facilities must prepare to treat the same. The Australian endoscopy devices market is growing due to the rising demand for minimally invasive procedures, driven by re...

Healthcare expenditure in Malaysia is growing at a higher rate than the expenditure per capita, which translates into better healthcare provision and quality of service in the country. The Malaysian endoscopy devices market is growing under budget constraints that are forcing hospitals to focus on equipment pricing, negotiate better prices, opt fo...

The Indonesian endoscopy devices market is growing. It is driven by rising awareness, the growing demand for better healthcare, and the expanding aging population. Growth is also attributed to the increase in the number of patients and treatment procedures and the anticipated rise in the number of minimally invasive surgeries. The introduction o...

The South Korean endoscopy devices market is growing under relatively lower reimbursement rates and budget constraints that are forcing hospitals to provide greater importance to pricing of equipment and changing utilization patterns. In many South Korean hospitals, consolidated purchasing of endoscopy and laparoscopy equipment slows down procureme...

This research service covers both current and future market trends, drivers, and challenges in the European endoscope repair and maintenance industry. It analyses the endoscopy solutions repair market by applications such as arthroscopy, ENT, Gastrointestinal (GI), Gynecology, Laparoscopy, Neurology, Pulmonary, and Urology sectors. The analysis cov...