PUNE, India, December 8, 2017 /PRNewswire/ -- Endoscopy Equipment Market is forecast to reach $34.82 billion by 2022 from $25.58 billion in 2017 at a CAGR of 6.4% during (2017-2022) driven by favorable government initiatives, rising number of hospitals and growing hospital investments in endoscopy facilities, technological advancements, and rising prevalence of diseases that require endoscopy; while GI endoscopy applications segment is expected to grow at the highest CAGR.

Browse 538 Market Data Tables and 52 Figures spread through 432 Pages and in-depth TOC on "Endoscopy Equipment Market by Product (Endoscope (Flexible, Rigid, Capsule) Visualization Systems, Endoscopic Ultrasound, Insufflator)), Application (GI Endoscopy, Laparoscopy, Cystoscopy, Bronchoscopy, Colonoscopy, Arthroscopy) - Global Forecast to 2022" http://www.reportsnreports.com/reports/162562-global-endoscopy-market-by-product-application-technology-2011-2016-.html .

The key players in the global endoscopy equipment market are Olympus (Japan), KARL STORZ (Germany), Stryker (US), Boston Scientific (US), Ethicon (US), Fujifilm (Japan), Medtronic (Ireland), Hoya (Japan), CONMED (US), Richard Wolf GmbH (Germany), Smith & Nephew (UK), Cook Medical (US), Cogentix Medical (US), and B. Braun (Germany).

Based on application, the endoscopy equipment market is segmented into laparoscopy, gastrointestinal endoscopy, arthroscopy, obstetrics/gynecology endoscopy, urology, bronchoscopy, mediastinoscopy, otoscopy, laryngoscopy, and other applications (endoscopies for facelifts, forehead lifts, abdominoplasty procedures, and breast augmentation). By application, the GI endoscopy segment is expected to grow at the highest CAGR during the forecast period (2017-2022). This can be attributed to the rising geriatric population, improving healthcare infrastructure in developing countries, and the increasing number of colonoscopy procedures performed in developed countries.

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In 2017, North America is expected to account for the largest share of the endoscopy equipment market, followed by Europe. However, the high cost of endoscopy procedures & equipment and limited reimbursement in developing countries may restrict the growth of this market to a certain extent. In-depth assessment of market shares, strategies, products, distribution networks, and manufacturing capabilities of the leading players in the endoscopy equipment market

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