Insights on the Global Flexible Endoscopes Market 2020-2024 | COVID-19 Analysis, Drivers, Restraints, Opportunities and Threats | Technavio
Technavio has been monitoring the flexible endoscopes market and it is poised to grow by USD 1.75 billion during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
What was the value of the flexible endoscopes market in 2019?
Technavio says that the value of the market was USD 5.10 billion in 2019 and it is projected to reach USD 6.85 billion by 2024.
At what rate is the market projected to grow during the forecast period 2020-2024?
Growing at a CAGR of over 6%, the market growth will accelerate in the forecast period.
What is the key factor driving the market?
Rising popularity of minimally invasive procedures is one of the key factors driving the market growth.
Who are the top players in the market?
Boston Scientific Corp., FUJIFILM Holdings Corp., HOYA Corp., Huger Medical Instrument Co. Ltd, KARL STORZ SE & Co. KG, Olympus Corp., Richard Wolf GmbH, SCHOLLY FIBEROPTIC GmbH, SonoScape Medical Corp., and Stryker Corp. are some of the major market participants.
Which region is expected to hold the highest market share?
North America
What is the year-over-year growth rate of the global market?
The year-over-year growth rate for 2020 is estimated at 6.00%.
The market is concentrated, and the degree of concentration will accelerate during the forecast period. Boston Scientific Corp., FUJIFILM Holdings Corp., HOYA Corp., Huger Medical Instrument Co. Ltd, KARL STORZ SE & Co. KG, Olympus Corp., Richard Wolf GmbH, SCHOLLY FIBEROPTIC GmbH, SonoScape Medical Corp., and Stryker Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The rising popularity of minimally invasive procedures has been instrumental in driving the growth of the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our flexible endoscopes market report covers the following areas:
Flexible Endoscopes Market size
Flexible Endoscopes Market trends
Flexible Endoscopes Market analysis
This study identifies technological advances as one of the prime reasons driving the flexible endoscopes market growth during the next few years.
We provide a detailed analysis of vendors operating in the flexible endoscopes market, including some of the vendors such as Boston Scientific Corp., FUJIFILM Holdings Corp., HOYA Corp., Huger Medical Instrument Co. Ltd, KARL STORZ SE & Co. KG, Olympus Corp., Richard Wolf GmbH, SCHOLLY FIBEROPTIC GmbH, SonoScape Medical Corp., and Stryker Corp. Backed with competitive intelligence and benchmarking, our research reports on the flexible endoscopes market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist flexible endoscopes market growth during the next five years
Estimation of the flexible endoscopes market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the flexible endoscopes market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of flexible endoscopes market vendors
Table of Contents:
Executive Summary
Market Overview
Market Landscape
Market ecosystem
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by Product
Market segments
Comparison by Product
Flexible videoscopes - Market size and forecast 2019-2024
Flexible fiberscopes - Market size and forecast 2019-2024
Market opportunity by Product
Customer Landscape
Overview
Geographic Landscape
Geographic segmentation
Geographic comparison
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
Asia - Market size and forecast 2019-2024
ROW - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Drivers, Challenges, and Trends
Market drivers
Market challenges
Market trends
Vendor Landscape
Overview
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
Boston Scientific Corp.
FUJIFILM Holdings Corp.
HOYA Corp.
Huger Medical Instrument Co. Ltd
KARL STORZ SE & Co. KG
Olympus Corp.
Richard Wolf GmbH
SCHOLLY FIBEROPTIC GmbH
SonoScape Medical Corp.
Stryker Corp.
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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