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Global Endoscopes Pipeline Analysis, Opportunity Assessment and Market Forecasts to 2016
by GlobalData on May 31, 2010
The global endoscopes market was worth $2,385m in the year 2009 and is expected to reach $3,524m in the next seven years. Advanced technology adoption and the availability of High Definition (HD) systems are set to drive the global endoscopes market. Also driving the market are increased prevalence of gastrointestinal diseases such as colorectal cancer and esophagitis, and the growing awareness of disease conditions in the general population leading to increases in screening procedures. Flexible endoscopes form the largest category in the endoscopes market, contributing to more than 74% of the total market value. The flexible endoscopes market is growing at 6% and was worth $1,754m in the year 2009.
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