Endoscopy Devices Market to See High Single-Digit CAGR Through 2022, According to Report Available at MarketPublishers.com

London, United Kingdom, October 03, 2016 --(PR.com)-- The world’s endoscopy devices market is anticipated to post a high single-digit CAGR between 2016 and 2022. Major market growth drivers include rising demand for minimally invasive surgical procedures, ongoing technological innovations, rising number of applications, enhancing obesity concerns, new opportunities in the emerging countries, expanding trends for high-resolution technologies, among others. However, robust market growth could be hampered by certain factors like high investment costs, lack of skilled professionals, and enhancing awareness of risks and infections associated with endoscopy procedures.

On the basis of applications, the laparoscopy sector accounts for the biggest share of the global endoscopy devices market. Furthermore, this sector is likely to demonstrate the highest CAGR in the next 6 years.

On the basis of products, the visualization and documentation systems sector holds the lion’s share of the endoscopy devices market, and it is predicted to be the most rapidly growing sector in the years to come, registering an 8.8% CAGR through 2020.

On the basis of end-use industry, the hospitals sector takes lead in the endoscopy devices market, and it will likely see the fastest growth through 2020.

On the basis of geography, the North American region dominates the global endoscopy devices market. It is followed by Europe and Asia. However, in the next 6 years the APAC endoscopy devices market is predicted to register the highest growth rates, opening a plenty of lucrative opportunities for the market players. The APAC market will likely attract new investors in the offing. Growth in the APAC endoscopy devices market is driven by the increasing prevalence of lifestyle diseases, innovative technologies, strong demand for sophisticated medical services coupled with favourable government initiatives.

The detailed analysis of the global endoscopy devices market is provided in the in demand research report “Endoscopy Devices Global Market – Forecast to 2022” elaborated by IQ4I Research & Consultancy, which is available at MarketPublishers.com at https://marketpublishers.com/report/medical_devices/endoscopy/endoscopy-devices-global-market-forecast-to-2022.html.

Note - Until December 31, 2016 this reports is available at a discounted price. For further details visit their website.