Report ID: SQMIG35A2538
Flexible Endoscopes Market Size, Share, Growth Analysis, By Type(Laparoscopes, Arthroscopes, Ureteroscopes, Cystoscopes), By End-Use(Hospitals and Outpatient Facilities), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35A2538 |
Region:
Global |
Published Date: March, 2024
Pages:
219
|
Tables:
75 |
Figures:
75
Flexible Endoscopes Market Regional Insights
North America dominated the adaptable endoscopes market or accounted for the largest revenue share of 40.6% in 2022 as a result of an increase in chronic illnesses that necessitate their use, including irritable bowel syndrome, colorectal and stomach cancer, and those that cause the stomach and. Studies estimate that 12% of Americans have irritable bowel syndrome. By 2021, 16.5% of the population in the region will be 65 or older, an increase in an aging population which is more susceptible to chronic diseases. This number is anticipated to rise to 20% by 2050, aiding market expansion.
The Asia Pacific region is predicted to see the quickest growth over the projection period of 2023 to 2030 due to a number of factors, including a growing elderly population, an increase in the prevalence of chronic diseases, and a rise in demand for surgeries that are minimally invasive. Modern medical innovations like flexible endoscopes are also more broadly accessible as a result of increased disposable incomes and government healthcare spending. The growth of the market is also predicted to be fueled by the expansion of the region's medical facilities as well as the expanding number of hospitals and diagnostic centers.
Flexible Endoscopes Market Report Snapshots
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