Endoscopy Devices Market : Largest Regional Revenue Share in Near Future
In the year 2015, Endoscopes was the leading product type,and is projected to grow at a CAGR of 6.0%. Capsule endoscopy is expected to grow at a remarkable CAGR of 8.7%, owing to the minimal invasive nature, more detailed images, and simple equipment designed of vitamin pill size used widely for imaging entire small intestine specifically. Gastrointestinal endoscopy application is projected to grow at a high CAGR of 6.8%. U.S. alone contributed over 94% market share in North America of endoscopy devices market in 2015. Japan is the major shareholder in Asia-Pacific, accounting for around 54.5% of the Asia-Pacific endoscopy devices market.
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