NEW YORK, Nov. 17, 2016 /PRNewswire/ -- Description
This market encompasses disposable flexible fiberscopes, glass optic endoscopes, reusable flexoscopes, videoscopes, disposable flexible fiberscope adapters and neuroendoscopic hand instruments. This market will continue to increase, driven primarily by growth in procedural volumes for their most common use. Similar trends will be seen in glass optic endoscopes as they have excellent image quality and are preferred for many neurosurgical procedures. ASP in these markets will decrease slightly for competitors to maintain market share. The market for reusable flexoscopes will experience significant growth driven by resurgence in the use of flexoscopes for pediatric applications. The market for videoscopes is expected to be the fastest growing segment, although it was the smallest segment in 2016. The market for videoscopes is increasing as practitioners adopt this technology which in some cases is justifiable despite the high price tag. Videoscopes, an up and coming technology, are expected to replace reusable flexoscopes as they feature higher image quality. However, in 2016 there was only one brand of videoscope in the market.
Neuroendoscopy is a rapidly expanding field of neurosurgery. Neuroendoscopy involves the use of a small fiber-optic camera attached to an endoscope that is a few millimeters in diameter. Neuroendoscopes combine high quality fiberoptic images with flexible and steerable designs that allow neurosurgeons to visualize their target deep within the brain without disrupting other vital structures. In order to transmit extremely accurate images to the neurosurgeon, there have been innovative advances in lens design and optical physics over the last decade. Smaller fiberoptic scopes with improved image quality, as well as three-dimensional imaging, have contributed to advancements within this market. An endoscope can also be utilized with or without stereotactic techniques.
St. Jude Medical
Codman & Shurtleff
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