Published on : Feb 22, 2017
Albany, New York, February 22, 2017: According to the latest study findings, minimally invasive surgeries are perceiving a progressively growing preference from several years, mainly because of their reduce costs, shorter recovery periods and superficial appeal. This preference builds a high demand for the ENT endoscopic and bronchoscopic devices in a number of healthcare facilities, thus driving market growth. To explore this market growth in detail, analysts have studied the global market and presented a new report titled “Global ENT Endoscopic and Bronchoscopic Devices Market 2017-2021”. This study has been recently broadcasted to the online repository of Market Research Hub (MRH).
As per the research estimation, the major highlight of the report is CAGR value of the market which is 10.16% and estimated to grow rapidly during the period 2017-2021. Geographically, the report focuses on some of the major regions such as APAC, EMEA and Americas. Among these, currently, the focus of countries in EMEA and APAC to facilitate their healthcare centers with innovative endoscopes devices will drive the growth of this market segment in the coming years. Additionally, America will be the major revenue contributor to the market throughout the predicted period, as stated by the analysts. Also, some of the major market trends observed by the study are increasing preference for endoscopic middle ear surgery and image-guided bronchoscopy for treating Primary Pancreatic Lymphoma (PPLs).
Initially, the report briefly describes the market overview of global ENT endoscopic and bronchoscopic devices along with its introduction and market segmentation. It can be defined as, ENT endoscopes are mainly used to look into nasal & sinus cavities and vocal cords and other throat tissues, while in lung diseases it is used to look through the airway of lungs and help in taking a tissue sample. Both ENT endoscopic and bronchoscopic devices are used in a number of surgical processes and treatment connected with ENT and lung diseases such as myringotomy, stapedectomy, tonsillectomy, internal biopsy and bronchial stenting. Rising Obesity and older adult population worldwide is also a factor that contributes to the increasing use of these devices.
In the next section, the report segments the market on the basis of product type and end-users. End-users for these devices are:
- Hospitals and clinics
- Ambulatory surgery centers (ASC)
- Physician office laboratories (POL)
By the invention of new generation flexible video scopes, the ENT endoscopes market has gained remarkable growth. Moreover, the report studies that, the preference for non-invasive procedures such as Positron Emission Tomography (PET) and other imaging technologies is one of the major challenges for the market growth of ENT endoscopes.
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Currently, the key vendors ruling in the market are as follows:
- Karl Storz
Among these, Olympus is the leading manufacturer of these devices followed by Karl Storz and Arthrex.
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