(PharmaNewsWire.Com, May 01, 2017 ) Middle-East and Africa Endoscopy Device Market rapidly grows due to increase demand of minimal invasive procedures.
According to the report published by Market Data Forecast named Middle East and Africa Endoscopy Devices which estimates market to grow from $1.06 billion from 2016 to $1.39 billion by 2021 with a CAGR of 5.60% in the forecast period.
Endoscopy Devices Market has revolutionized the way diseases are diagnosed and surgeries are performed. Due to advantages of minimal invasive surgery, a rise in adoption of endoscopy has been observed. Capsule endoscopy being the popular procedure, as diseases like Crowns disease, ulcers, and inflammatory bowel diseases are on the rise.
It contains cost-effective methods that are achieving fewer complications post-surgery and almost no scars on the body. Devices such as endoscopes, visualization systems, and operative devices give direct insight check-up of the organs, unlike other medical imaging procedures.
The driving factors for the growth of this market are increasing geriatric population, recent technological advantages in medical field, increasing demand of minimal invasive procedures and growing economic development leading to growing number of hospitals. Also with increasing demand of minimal invasive procedure, companies are investing in research, which further fuels the growth of the market.
The Endoscopy devices are based on different products and application. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
Based on geography the market is analyzed under various regions namely, Middle East and Africa. Middle-East region is estimated to account for highest CAGR in the forecast period while Africa is leading this market.
Some of the major companies dominating this market are Ethicon, Stryker Corporation, Karl Storz GmbH, Boston Scientific Inc., Olympus Corporation, Covidien Plc, Smith and Nephew Inc., Fujifilm Holding Corporation.
Scope of the Middle-East and Africa Endoscopy Device Market:
Regional and country-level analysis that provides an innate perspective of Middle-East and African regional Markets.
To detect major focus areas of industrial growth Segment-level analysis on basis of type, products, application and end-user along with market size forecasts and y-o-y estimations are provided
Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
PESTLE and Porters Five Forces Analyses that examine the macro & micro environmental factors such as political influence, technological prowess, industry rivalry to name a few.
An extensive listing of major market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies all rolled out into Competitive landscape
Expertly devised Market Outlook comprising the Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
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