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Major market players in the endoscopy devices market include Aesculap, Inc., Artherx, Inc., Boston Scientific Corporation, Conmed Corporation, Cook Medical, and Covidien plc. The Endoscopy Devices market is segmented on the basis of Product (Endoscopes, Visualization Equipment and Endoscopy Accessories), Application (Laparoscopes, GI Endoscopes, Bronchoscopes, Arthroscopes, Urology Endoscopes, Cystoscopes, Gynecology Endoscopes, Neuroendoscopes, Sigmoidoscopes, Laryngoscopes, Pharyngoscopes, Duodenoscopes, Nasopharyngoscopes, Rhinoscopes and Others) & Region (North America, Europe, Asia Pacific and Rest of the World).North America holds the largest marketshare for the endoscopic Altshift Diet Review devices as the high per capita income in countries like USAand availability of advanced health care facilities make the technology more accessible. Europe and Asia-Pacific are the closely follow. Asia has the fastest growing market because of the advancement of technology in countries like India, China and Japan and also a large investment that is being made by these countries in the field of healthcare. The incidence of diseases is increasing globally which increases the surgical procedural volume and hence favoring the endoscopic equipment market.

Coming to the applications sector, Laparoscopes and GI Endoscopes dominate the global market. This is primarily due to the increase in the global demand for minimally invasive surgery procedures. This market is hugely predominant in the North America sector and is growing at a rapid speed in the emerging markets. The fact that these procedures are error free is an indication of the demand of endoscopic equipment market globally. Its wide ranges of applications in cardiac surgery, colorectal surgery, dermatological surgery, neurosurgery and urology based surgeries is the reason the market is on the rise currently. In the application sector, laparoscopy accounts for nearly 20% of the global market share followed by the likes of GI endoscopes and Arthroscopes.This trend is followed in almost all geographical sectors and is expected to grow at a good rate in the Asia Pacific market in the near future.The key players in the endoscope equipment market are Arthrex Inc (Germany), Boston Scientific Corporation (USA), Conmed Corporation (USA), Cook Medical (USA), Covidien Ltd (Ireland), Fujifilm Holding Corporation (Japan), Hoya Corporation (Japan) and Ethicon Endo Surgery (J&J) (USA).

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The global endoscopy device market is growing at a CAGR of 7% between 2014 and 2020 and is expected to reach a $42 billion by 2020. Endoscopy has become a popular tool for diagnosis as well as for minimally invasive surgical procedures. Endoscopy as a diagnostic tool is used for examining the organs and cavities that are not normally visible to the human eye. With the increasing incidences of gastrointestinal diseases and cancers of the stomach and digestive tract, endoscopy is the most widely Altshift Diet used procedure and the driver to the endoscope device market. Laparoscopy is using endoscopes for performing a minimally invasive surgery. The doctors and surgeons globally prefer this procedure because of the number of advantages associated with it such as minimal invasiveness, smaller incisions, faster recovery and lesser risk of infections. Laparoscopy is used not only for routine procedures like appendectomy but also for complex cardiac surgeries.

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Rigid endoscopes and flexible endoscopes are used for routine medical investigations. Rigid endoscopes are preferred for examining organs like nose (Rhinoscopy), larynx (Laryngoscopy) and surgical procedures of the joints (arthroscopy). These endoscopes have a fixed tube and do not flex. Flexible endoscopes on the other hand have a flexible shaft and are preferred for investigating the internal organs and hold a larger market share in comparison to the rigid type. Capsule Endoscopyis the more advanced technique and is booming because of the precision of the technology, the low risk and considerably less pain associated with the procedure.This is the most preferred among all endoscopic investigative procedures. The use of endoscopes in surgical procedures has revolutionized the medical industry. Surgical endoscopy (Laparoscopy) procedures apart from having advantages like minimal invasiveness and fast recovery, they are aesthetically preferred because only a small incision is made unlike old surgical procedures and leaves only a smaller scar.