New Market Research Report: Endoscopy Equipment Market - Global Forecasts to 2018

Endoscopy Equipment Market by Endoscopes (Rigid, Flexible, Capsule), by Visualization Systems (HD, 3D Camera, Wireless Display & Monitor), Others (Endoscopic Ultrasound, Carts), by Application (Colonoscopy, GI Endoscopy) - Global Forecasts to 2018

Over the years, the endoscopy equipment market, which comprises endoscopes and visualization equipment, has witnessed various technological advancements. These advancements have led to a growth in the number of application areas of endoscopic equipment. Endoscopy devices are used in laparoscopy, arthroscopy, bronchoscopy, gastrointestinal endoscopy, urology, gynecology, and neuroendoscopy, among others.

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The endoscopes segment is the fastest-growing segment of the endoscopy market. The increasing number of endoscopic procedures is likely to propel the growth of this market. Capsule endoscopes are a major advancement in the field of endoscopes and are rapidly replacing gastrointestinal (GI) videoscopes. Capsule endoscopy is anticipated to be a revolutionary technique, which will enhance the approach of diagnosing and evaluating small bowel diseases. Apart from being a painless procedure, capsule endoscopy has become the preferred choice for patients, as it allows patients to continue their normal day-to-day activities while the procedure is being performed.

Visualization systems play a vital role as they enable surgeons to observe body cavities and organs/canals. These systems have applications in most endoscopic procedures as well as in all types of video-assisted procedures, such as general endoscopic, laparoscopic, bariatric, thoracic, and anterior/posterior spinal procedures. Over the years, visualization systems have also witnessed a growing number of technological advancements. For instance, endoscopy cameras have evolved from single-chip cameras to HD cameras and further to 3D cameras, thereby improving image and video quality. Thus, the growing market for visualization systems is likely to boost the endoscopy market.

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