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The Global Endotherapy Devices Market size was valued at USD 3.84 Billion in 2019 and is estimated to reach USD 6.63 Billion by 2030 with a CAGR of 5.1% over the forecast period.
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The Global Endotherapy Devices Market size was valued at USD 3.84 Billion in 2019 and is estimated to reach USD 6.63 Billion by 2030 with a CAGR of 5.1% over the forecast period. Endoscopy is a minimally invasive medical procedure for diagnosis, prevention, and treatment of complications in the visceral organs. Endotherapy is a procedure involving the application of endoscopy. The device is planted in the body via natural openings or through incisions. Since these devices help minimize the invasion in anatomy, there are preferred for treatment of targeted diseases such as colon cancer and gastrointestinal disorders. Access Full Description of this report at:- https://www.nextmsc.com/report/endotherapy-devices-market Top Companies: Hoya Corporation, Olympus Corporation, Stryker Corporation, Boston Scientific Corporation, Fujifilm Holdings Corporation, Conmed Corporation Medtronic Plc., Karl Storz GmbH & Co. KG, Smith & Nephew, Plc, and Johnson & Johnson., B. Braun Melsungen AG and others. Endotherapy devices market report is segmented on the basis of product, application, end user and geography. Based on product, the market is categorized into GI devices & accessories, ERCP devices & accessories, and others. The GI devices & accessories segment is further classified into biopsy forceps, injection needles, polypectomy snares, graspers, hemoclips, and others. The ERCP devices & accessories segment is sub segmented into guide wire, sphincterotome, catheter, extraction basket, extraction balloon, balloon dilation, plastic stent, metal stents, and others. The other endotherapy devices & accessories segment is subdivided into mouthpiece, distal end cap, polyptrap, cleaning brush, and others. Based on application, the market is segmented into bronchoscopy, arthroscopy, laparoscopy, urology endoscopy, neuro-endoscopy, gastrointestinal endoscopy, and others. Based on end users, the market is categorized into hospitals, clinics, and others. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia- Pacific, and RoW. Request sample copy of this report at:- https://www.nextmsc.com/Endotherapy-Devices-Market/request-sample Endotherapy devices market is mainly driven by growing prevalence of chronic diseases. According to WHO, one in 5 men and one in 6 women worldwide develop cancer during their lifetime, and one in 8 men and one in 11 women die from the disease. Moreover, increasing life span along with increasing risk of cancer among elderly population is also
estimated to drive the market growth. Other factors such as preference for minimal invasive treatments and developments in technology such as ultrahigh-definition visualization systems, are also augmented to boost the market growth. However, lack of skilled endoscopists, high cost of devices and infections caused by a few endotherapy devices might constrain the market growth. North America holds the major market share owing to its developed healthcare infrastructure and technological advancements. Rising inclination towards minimally invasive surgeries and presence of major key players are also estimated to drive its market growth. Emerging economies such as Asia- Pacific are also expected to grow due to increasing geriatric population and government support for development of healthcare industry. About Next Move Strategy Consulting: Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics. We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solution that ranges from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses. For more insights, please visit, https://www.nextmsc.com