Global Mechanical Endoscopic Instruments Market Research Report
The global mechanical endoscopic instruments market is mainly driven by favorable reimbursements, growing aging population, and increasing prevalence/incidence of diseases requiring endoscopy procedures.
The mechanical endoscopic instruments market value was $1.49 billion in 2013 and is expected to be $1.88 billion by 2018, at a CAGR of 4.80%. An increase in number of endoscopic procedures is likely to propel the mechanical endoscopic equipment.
The report “Mechanical Endoscopic Instruments Market Forecast, 2008-2018”, analyzes the market into some segments which are biopsy forceps, graspers, snares, trocars and cannulae, endoscopic implants, and others. With a market value of $0.35 billion and $0.28 billion, biopsy forceps and graspers with a share of 23.2% and 19.1% are contributing global mechanical endoscopic instruments market.
The demand for mechanical endoscopic instruments has increased because of patients’ preference for minimally invasive surgeries. Its procedures are of low-risk and are easily covered by health insurance. A pivotal factor that propels the growth of this market is the rapid rise in the number of elderly people who are prone to orthopedic, gastrointestinal, and ophthalmic, diseases as well as cancer. As per the World Health Organization (WHO), between 2000 and 2050, the proportion of the world's population that is aged 60 years will double from about 11% to 22%. This aging population is the main end user of knee-hip implants, bariatric surgeries, gastrointestinal endoscopy, and colonoscopy procedures.
North America accounts highest share of the Global Mechanical Endoscopic Instruments Market followed by Europe, Asia, and Rest of the World. North America and Europe both are likely to witness a demand for endoscopes as a result of technological advancements as well as improved reimbursement status in both the regions. Rapidly aging population, increased obesity rates, growing incidence of associated disease are some of the major factors driving the market.
Ageing, chronically ill population, increasing affluence, increasing number of private sector hospitals, advancements in endoscopic technology and expansion to rural healthcare facilities are also going to play a pivotal role in boosting the demand for mechanical endoscopic instruments in the Asian region. China and India will be the focal point for growth of this market in Asia.
The market in Rest of the world is expected to grow at a faster pace due to improved reimbursement coverage, increasing government healthcare spending, as well as increasing awareness levels of patients regarding minimally invasive surgeries.
The report also provides an extensive competitive landscaping of companies operating in Mechanical Endoscopic Instruments Market . The key players in Mechanical Endoscopic Instruments Market segment are Stryker Corporation, Ethicon Endo-Surgery, Inc, Olympus Corporation, Covidien Plc, Arthrex, Inc., Smiths Group, Aesculap, Inc, and Karl Storz. Segment and country specific Company shares, News & Deals, M&A, segment specific pipeline products, product approvals and product recalls of the major companies in Mechanical Endoscopic Instruments Market have been detailed.
Customization Options
Along with the market data, you can also customize MMM assessments that meet your company’s specific needs. Customize to get comprehensive industry standard and deep-dive analysis of the following parameters:
Product Analysis
- Usage pattern (in-depth trend analysis) of products (segment-wise)
- Product matrix which gives a detailed comparison of product portfolio of each company mapped at country and sub-segment level
- End-user adoption rate analysis of the products (segment and country wise)
- Comprehensive coverage of product approvals, pipeline products, and product recalls
Epidemiology Data
- Country-specific prevalence and patient pool of cancer, gastrointestinal tract disorders, gastro esophageal reflux disorder (GERD), gynecological disorders.
- Disease progression (pattern analysis)
Procedure Volume Data
- Different types of endoscopy procedures performed annually tracked till sub- segment level.
- Number of abdominal, gastro intestinal, interior of joints, gynecology, bronchology, large and small intestinal procedures
Brand/Product Perception Matrix
- Comprehensive study of customers perception and behavior through our inbuilt social connect tool checking the virality and tonality of blogs
- Analysis of overall brand usage and familiarity and brand advocacy distribution (detractor/neutral/familiar)
Pricing Trends
- Cost analysis of mechanical endoscopic instruments in various countries.
- . Procedural investments in various countries for abdominal, gastro intestinal, interior of joints, gynecological, bronchological, large and small intestinal mechanical endoscopy
Competitive Intelligence
- The company share analysis of the top players of the market in the region.
- The crucial developments and strategies of companies inculcating in their portfolio.
1 Introduction
1.1 Analyst Insights
1.2 Market Definitions
1.3 Market Segmentation & Aspects Covered
1.4 Research Methodology
2 Executive Summary
3 Market Overview
4 By Ingredients
4.1 Carbon Nano-tubes
5 By Segments
5.1 Biopsy Forceps
5.2 Graspers
5.3 Snares
5.4 Trocars and Cannulae
5.5 Endoscopic Implants
6 By Geographies
6.1 North America
6.2 Europe
6.3 Asia-Pacific
6.4 Rest of World
7 By Companies
7.1 Stryker Corporation
7.2 Ethicon Endo-Surgery, Inc
7.3 Olympus Corporation
7.4 Covidien Plc
7.5 Boston Scientific
7.6 Arthrex, Inc.
7.7 Smiths Group
7.8 Aesculap, Inc
7.9 Karl Storz
7.10 ConMed
7.11 Richard Wolf GmbH
7.12 HOYA CORPORATION
7.13 Fujifilm Holdings Corporation
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PRODUCT TITLE | PUBLISHED | |
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North American Mechanical Endoscopic Instruments Market The North American Mechanical Endoscopic Instruments Market is mainly driven by favorable reimbursements in select geographies, growing aging population, and increasing prevalence/incidence of diseases requiring endoscopy procedures. It was pegged at $0.61 billion in 2013 and expected to be $0.79 billion by 2018, growing at a CAGR of 5.1%.The Endoscopy Devices Market analyzes the market segments such as Biopsy Forceps, Graspers, Snares, Trocars and Cannulae, Endoscopic Implants, Others Mechanical Endoscopy Instruments. The prominent players are Stryker Corporation, Ethicon Endo-Surgery, Inc, Olympus Corporation, Covidien Plc, Arthrex, Inc., Smiths Group, Aesculap, Inc, and Karl Storz. |
Upcoming | |
European Mechanical Endoscopic Instruments Market The European Mechanical Endoscopic Instruments Market is mainly driven by favorable reimbursements in select geographies, growing aging population, and increasing prevalence/incidence of diseases requiring endoscopy procedures. It was pegged at $0.40 billion in 2013 and expected to be $0.48 billion by 2018, growing at a CAGR of 3.9%.The Endoscopy Devices Market analyzes the market segments such as Biopsy Forceps, Graspers, Snares, Trocars and Cannulae, Endoscopic Implants, Others Mechanical Endoscopy Instruments. The prominent players are Stryker Corporation, Ethicon Endo-Surgery, Inc, Olympus Corporation, Covidien Plc, Arthrex, Inc., Smiths Group, Aesculap, Inc, and Karl Storz. |
Upcoming | |
Asian Mechanical Endoscopic Instruments Market The Asian Mechanical Endoscopic Instruments Market is mainly driven by favorable reimbursements in select geographies, growing aging population, and increasing prevalence/incidence of diseases requiring endoscopy procedures. It was pegged at $0.36 billion in 2013 and expected to be $0.48 billion by 2018, growing at a CAGR of 5.7%.The Endoscopy Devices Market analyzes the market segments such as Biopsy Forceps, Graspers, Snares, Trocars and Cannulae, Endoscopic Implants, Others Mechanical Endoscopy Instruments. The prominent players are Stryker Corporation, Ethicon Endo-Surgery, Inc, Olympus Corporation, Covidien Plc, Arthrex, Inc., Smiths Group, Aesculap, Inc, and Karl Storz. |
Upcoming |