According to a new technical market research report, Endoscopy devices: technologies and global markets (Report code: HLC093B)from BCC Research (www.bccresearch.com), the global market for endoscopy reached $26.3 billion in 2012 and is projected to reach $27.7 billion for 2013. BCC Research expects the market to reach $37.3 billion by 2018, and register a compound annual growth rate (CAGR) of 6.2%.
Endoscopy is a significant segment of the very large device market. Like other segments of the device market, endoscopy is experiencing quick growth due to technological innovation and high demand from developed markets. BCC Research has performed a detailed analysis of the unique opportunities available within the endoscopy market for players who want to understand the current and future forces driving the market growth.
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BCC Research’s analysis shows that the endoscopy market is positioned for significant growth in the next five years. The field of endoscopy has witnessed new innovations in technology along with the development of new applications. Another major factor that will contribute the growth of global markets and technologies for endoscopy devices is the recognition of this technology in emerging markets like Japan and Vietnam. Other geographic areas such as India, China, Brazil, and Russia are also experiencing rapidly growing middle class populations, which in turn are expected to increase the demand for technologically advanced medical devices.
In addition to analyzing the global markets and technologies for endoscopy on a macro scale, BCC Research has also conducted a sector analysis of the market and provides a breakdown for each major sector and its growth trajectory.
This BCC Research report will meet the information needs of emerging companies in the medical device segment. The market forecasts provided in this new report will facilitate strategic and investment decisions. The report comprises a thorough and detailed substantiation for market forecasts and stands out as an important tool for any new entrant to the endoscopic market or the medical device segment.
This report addresses critically important topics for analyzing a changing market dynamic, emerging players and technologies, strategies for accessing these emerging markets, and specific disease segments and geographies in order to allow allocation of resources and make effective decisions.
The report includes analysis of the leading competitors, as well as emerging companies in the current worldwide endoscopy market. Profiles of the manufacturers of the leading products are analyzed, their specific product strategies are outlined, and their pipeline of products is discussed. This report looks at companies poised to introduce new products during the forecast period and discusses how these products may change the face of the competitive environment.
This new report from BCC Research will appeal to many constituencies. Specifically, this report is an invaluable tool for business planners, acquisitions specialists, licensing strategists, product managers, market research and equity analysts, investors, investor consultants, and anyone interested in the endoscopy market, its products, its industry participants, and its future.