The report covers forecast and analysis for the endoscopy fluid management market on a global and regional level. The study provides historic data from 2016 along with forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints for the endoscopy fluid management market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the endoscopy fluid management market on a global as well as regional level.
In order to give the users of this report a comprehensive view on the endoscopy fluid management market we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate and general attractiveness.
The report provides company market share analysis in order to give a broader overview of the key players in the endoscopy fluid management market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, regional expansion of major participants involved in the endoscopy fluid management market on global and regional basis.
The study provides a crucial view on the endoscopy fluid management by segmenting the market based on product, modality, end user and region. All the segments of endoscopy fluid management market have been analyzed based on present and future trends and the market is estimated from 2018 to 2025.
Endoscopy is used to examine digestive system and is a nonsurgical procedure. It uses endoscope which has a flexible tube with camera and light attached to it. The digestive system can be examined in a color TV monitor. The body fluids inside the digestive system may hamper the visibility of the images acquired during endoscopic procedure. Thus fluid management is of utmost importance during an endoscopic procedure. Fluid management during endoscopic procedures involves maintaining the fluid pressure to internal cavities.
The demand for endoscopy fluid management market is driven by increasing endoscopic procedures for diagnosis of various chronic ailments along with growing adoption of minimally invasive diagnostic and surgical procedures all over the world. Also, accuracy offered by endoscopes, increasing endoscopic procedures in various applications such as urology, gastroenterology, anesthesiology, gynecology, laparoscopy, arthroscopy, neurology etc. and increasing awareness are other factors that boost the market growth. Technological advancement for product feature improvement is expected to bring new growth avenues for major market players operating in the global endoscopy fluid management.
Based on product, global endoscopy fluid management market is bifurcated into hysteroscopy pumps, laparoscopy suction irrigation pumps, laparoscopy fluid management systems and hysteroscopy fluid management systems. Laparoscopy suction irrigation pumps product segment accounted for largest market share in 2018.
Based on modality market is segmented into benchtop and floor standing. Benchtop segment accounted for largest market share in 2018 and floor standing devices are projected to grow at highest CAGR over the forecast period.
The end user segment is divided specialty clinics, diagnostic centers, hospitals and ambulatory surgical centers. Hospitals end user segment held largest market share due to large number of patient pool, availability of developed infrastructure increasing investments to develop infrastructure, easy accessibility, skilled professionals etc. Specialty clinics and diagnostic centers will grow rapidly during the forecast period. This growth is attributed to increasing focus of specialty clinics and diagnostic centers on infrastructure improvement to offer best in class health facilities to the patients.
North America dominated the global endoscopy fluid management market in 2018. Increasing prevalence of chronic disorders, increasing endoscopic procedures, availability of skilled professionals and growing awareness are factors driving the market in this region. Europe was second leading regional market. Faster adoption of advanced technologies, increasing awareness, and presence of developed infrastructure are some of factors that boost market growth in this region. Latin America is projected to witness moderate growth over the forecast period. Asia Pacific region will exhibit highest growth for endoscopy fluid management market in the coming years. Large population, increasing chronic diseases, increasing preference for minimally invasive endoscopic procedures for diagnostic and therapeutic applications, increasing geriatric population, increasing health care spending are factors promoting endoscopy fluid management market growth in Asia Pacific. Middle East and Africa will see noticeable growth in coming years.
Major players included in the report are Hologic Inc., Richard Wolf GmbH, Medtronic, B. Braun Medical Inc., DePuy Synthes, Cantel Medical Corporation, Smith & Nephew, Stryker Corporation, Karl Storz GmbH & Co KG, and Olympus Corporation among others.
The report segment of global endoscopy fluid management market as follows:
Global Endoscopy Fluid Management Market: By Product
Global Endoscopy Fluid Management Market: By Modality
Global Endoscopy Fluid Management Market: By End User
Global Endoscopy Fluid Management Market: By Region