Tuesday 16 June 2015, Amsterdam
The report recognizes the following companies as the key players in the global endoscopy devices market: Boston Scientific, Johnson and Johnson, Medtronic, Karl Storz and Olympus
Other Prominent Vendors in the market are: Arthrex, Blazejeweski, B Braun, BAUER MEDICAL, Chongqing Jinshan Science & Technology, Cook Medical, ConMed, Check-Cap, CYMO, Dantschke Medizintechnik, Endocure Technologies, Fujifilm Medical Systems, Hobbs Medical, Hoya, IntroMedic, RF, Richard Wolf Medical Instruments, Smith & Nephew, Stryker, SynMed, Steris (acquired US Endoscopy Group), USGI Medical and Welch Allyn
Commenting on the report, an analyst said: “Minimally invasive procedures such as endoscopy offer advantages such as less pain, faster recovery, small incisions, reduced blood loss, and cost saving. However, skilled surgeons are required because the process involves difficulties such as restricted vision, difficulty in handling instruments, and the need for proper hand-eye coordination. To further aid in this adoption, device manufacturers conduct various training programs on the use of endoscopy devices for medical professionals. Numerous research studies have also demonstrated the advantages of MIS over open surgeries. Most of the vendors are training the surgeons to perform minimally invasive or endoscopy surgeries. This helps the surgeons have hands-on experience in using the devices and performing surgeries. This is an upcoming trend, and it is expected to have a medium impact on the market in the future.”
According to the report, procedures such as capsule endoscopy are safe for all age groups. Improved living conditions and quality of healthcare is increasing the demand for endoscopy procedures such as capsule endoscopy, percutaneous endoscopic gastrostomy, EUS, and examination of other intestinal conditions.
Further, the report states that safety concerns associated with reprocessed endoscopes is expected to have a moderate impact on the global endoscopy devices market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.