AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Rigid Endoscope market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Rigid Endoscope market to grow at a CAGR of 8.8%.
The Rigid Endoscope type, such as Laparoscopes, is boosting the Rigid Endoscope market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Devices, such as Endoscopes Accessories, is boosting the Rigid Endoscope market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The End user, such as Hospitals, is boosting the Rigid Endoscope market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Rigid Endoscope market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Preference for Less Painful and Minimally Invasive Surgeries, Increasing Prevalence of Disease like Cancer and Gastrointestinal (GI) Disease, Growing Geriatric Population Prone To Chronic Disease and Burden of GI Disease and Rising Disposable Income Leading to Affordability and Advancement in Healthcare Facilities.
According to 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 gastrointestinal endoscopy and colonoscopy procedures. With the growing number of elderly people, age-related ailments it is expected to escalate the demand and consumption of rigid endoscopes devices. Further, the developments in healthcare facilities, rising disposable income and growing demand for technologically advanced products is driving the rigid endoscope market. Endoscopy is a minimally invasive (MI) procedure which is used for diagnosis, prevention, and treatment of complications in the internal organs. The benefits of endoscopy includes low cost, speedy recovery, and less diagnosis time. Rigid endoscopes are ideal instruments to visualize the inner surfaces of small animals without surgery. The image of the internal surface is transmitted via video technology. For the rigid scope, a rod lens system is positioned in the distal end of the endoscope.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Rigid Endoscope market by Type (Global Straight-Rigid Endoscopes and Global Semi-Rigid Endoscopes), by Application (Laparoscopy, Arthroscopy, Gastrointestinal endoscopy, Gynecology endoscopy, ENT endoscopy, Urology endoscopy, Neurology endoscopy and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market