DALLAS, November 11, 2014 /PRNewswire/ --
ReportsnReports.com adds capsule endoscopes market and surgical endoscopy devices industry research reports for North America, Europe and Asia-Pacific regions with forecasts to 2018 in its store.
North America accounts for the largest share of the capsule endoscopy devices market globally. The market value was pegged at $495.4 million in 2012 and is expected to grow at a CAGR of 13.8% from 2013 to 2018. The market is mainly driven by favorable reimbursements policies in U.S., technological advancements and influx of new players in the market, and increasing prevalence/incidence of diseases requiring endoscopy procedures. Europe accounts for the second largest share in the capsule endoscopy devices market globally. The market value was pegged at $322.9 million in 2012 and is expected to grow at a CAGR of 12.6% from 2013 to 2018. The market is mainly driven by favorable reimbursements policies in the region, technological advancements and influx of new players in the market; bowel scope screening is also expected to have a positive impact on the endoscopy market in the U.K., and increasing prevalence/incidence of diseases requiring endoscopy procedures. Asia-Pacific capsule endoscopes market is expected to grow at a CAGR of 14.5% from 2013 to 2018. The market is mainly driven by increasing prevalence/incidence of diseases requiring endoscopy procedures, encouraging endoscopy-related research, increasing adoption of technologically advanced techniques, and favorable reimbursement policies.
North American surgical endoscopes market value was pegged at $1292.6 million in 2012 and is expected to grow at a CAGR of 2.5% from 2013 to 2018. The market is mainly driven by favorable increasing adoption of technological advanced techniques and influx of new players in the market, and increasing prevalence/incidence of diseases requiring endoscopy procedures. The market value of Asia-pacific surgical endoscopes market was pegged at $292.0 million in 2012 and is expected to grow at a CAGR of 4.3% from 2013 to 2018. The market is mainly driven by favorable reimbursements policies, encouraging endoscopy related research, increasing adoption of technological advanced techniques and increasing prevalence/incidence of diseases requiring endoscopy procedures.
These regional endoscopy devices market research reports on surgical and capsule endoscopes industry are available with ReportsnReports.com at:
Asia-Pacific Surgical Endoscopes Market: http://www.reportsnreports.com/reports/315153-asia-pacific-surgical-endoscopes-market.html
European Surgical Endoscopes Market: http://www.reportsnreports.com/reports/315154-european-surgical-endoscopes-market.html
North American Surgical Endoscopes Market: http://www.reportsnreports.com/reports/315155-north-american-surgical-endoscopes-market.html
Asia-Pacific Capsule Endoscopes Market: http://www.reportsnreports.com/reports/315156-asia-pacific-capsule-endoscopes-market.html
European Capsule Endoscopes Market: http://www.reportsnreports.com/reports/315157-european-capsule-endoscopes-market.html
North American Capsule Endoscopes Market: http://www.reportsnreports.com/reports/315158-north-american-capsule-endoscopes-market.html
The report "North American capsule Endoscopy Devices Market Forecast, 2012-2018", analyzes the market as per the major applications it is used for. The Laparoscopy and gastro-intestinal endoscopy procedures are topping the application market of capsule endoscopy as a procedure. With a market value of $124.0 million and $116.5 million in 2013, the Laparoscopy and gastro-intestinal endoscopy have been contributing 22.1% and 20.8% share to total North American capsule endoscopy devices market for the same year. All the applications' segment experienced a positive growth with an increased awareness of patients and physicians towards the usage and reception of new endoscopy technologies due to the numerous advantages offered by these devices.
Ageing , chronically ill population, increasing affluence, increasing number of private sector hospitals, advancements in endoscopic technology and expansion to rural healthcare facilities are also going to play a pivotal role in boosting the demand for endoscopy in the Asian region. With the growing number of elderly people, age-related ailments are also expected to rise sharply, thus propelling the demand and consumption of endoscopy devices. China and India will be the focal point for growth of endoscopy in the Asian market. Government investments likely to propel the endoscopy market in China due to growing population and economic development. Increasing number of endoscopic surgeries and improving endoscopic infrastructure set to propel the Indian endoscopy market.
Some of the surgical endoscopes available in the market are Olympus ENDOSURGICAL (Olympus Medical Systems Corporation), PillCam (Given Imaging Ltd.), and MiroCam (IntroMedic Co., Ltd.) New players entered in the market are IntroMedic Co., Ltd., and Mu Ltd. with FDA approval of the products.
These reports provide an extensive competitive landscaping of companies operating in the endoscopy devices market. The key players of the market covered in these reports are Stryker Corporation, Ethicon Endo-Surgery, Inc., Olympus Corporation, Covidien Plc, Boston Scientific, Arthrex, Inc., Smiths Group, Aesculap, Inc., Karl Storz, ConMed, Richard Wolf GmbH, HOYA CORPORATION, and Fujifilm Holdings Corporation.
This report also includes the market share, value chain analyses, and market metrics such as drivers, restraints and upcoming opportunities in the market. The details of the segment and country-specific shares in Europe (Germany, France, U.K., Italy, Spain) , North America (U.S., Canada and Mexico) as well as Asia Pacific (Japan, China and India) along with news and deals, M&A, segment-specific pipeline products, product approvals, and product recalls of the major companies is also covered in the report.
Explore more reports on the medical devices market at http://www.reportsnreports.com/market-research/medical-devices/ and other research by MicroMarketMonitor at http://www.reportsnreports.com/publisher/micromarketmonitor/ .
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