In a recent published report, Kenneth Research has updated the market report for Gastrointestinal Endoscopy Devices Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Gastrointestinal Endoscopy Devices Market products.
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Kenneth Research has recently added a report titled Gastrointestinal Endoscopy Devices Market in its storehouse of market research reports. The report provides a detailed insight into the market scenario on the basis of the market size and volume for the forecast period, i.e., 2021 2030. Factors such as the growing advancements in the development of novel drugs, coupled with the growing health infrastructure in several nations worldwide are anticipated to drive the growth of the market in the coming years. Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth.
According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018. Moreover, growing concern for deaths caused due to various diseases and the need for treatment that can lower the crude death rate, which in the year 2019 recorded close to 7% (per 1000 people), are also anticipated to drive the market growth during the forecast period.
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Gastrointestinal Endoscopy Devices Market By Product Type (Hemostasis Devices, Capsule Endoscopes, G.I Videoscopes, Biopsy Devices, ERCP Devices), By End User (Hospitals, Clinics and Others), By Region (North America, Europe, Asia Pacific, Rest of the world) and By Country (U.S, Canada, Germany, U.K, Japan, China, India and Brazil).
According to Azoth Analytics research report “Global Gastrointestinal Endoscopy Devices Market: Analysis By Product Type (Hemostasis Devices, Capsule Endoscopes, G.I Videoscopes, Biopsy Devices, ERCP Devices), End-User (Hospitals, Clinics, Others), By Region, By Country (2018 Edition) – Forecast to 2023”, global market is projected to display a modest growth represented by a CAGR of 6.82% during 2018 – 2023.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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https://www.kennethresearch.com/sample-request-10086063
Over the recent years, global gastrointestinal endoscopy devices market has been witnessing growth, on account of several driving factors including rising incidence of chronic gastrointestinal ailments, increasing healthcare awareness amongst consumers, flourishing market for minimally invasive procedures, new device approvals along with increasing health expenditure in developing countries. Moreover, ongoing demographic shift towards geriatric population with significant population suffering from inveterate ailments, is expected to propel the demand for gastrointestinal endoscopy devices. In this research report, the market is segmented on the basis of product type as well as end user. By product type, the segment of GI videoscopes is predicted to hold its dominant position in the market. Amongst the regions, North America accounts for the largest regional share in the global gastrointestinal endoscopy devices market in 2018. However, Asia Pacific is predicted to advance at the highest rate. Presence of vast consumer base, particularly in emerging nations such as China and India, in addition to growing per capita expenditure on healthcare is likely to drive the regional market.
The report titled “Global Gastrointestinal Endoscopy Devices Market: Analysis By Product Type (Hemostasis Devices, Capsule Endoscopes, G.I Videoscopes, Biopsy Devices, ERCP Devices), End-User (Hospitals, Clinics, Others), By Region, By Country (2018 Edition) – Forecast to 2023” has covered and analyzed the potential of global gastrointestinal endoscopy devices market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global gastrointestinal endoscopy devices market. Additionally, the report also highlights market entry strategies for various companies across the globe.
Scope of the Report
Global Gastrointestinal Endoscopy Devices Market
(Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Gastrointestinal Endoscopy Devices Market – Size and Growth: By Value
• By Product Type – Hemostasis Devices, Capsule Endoscopes, G.I Videoscopes, Biopsy Devices and ERCP Devices: By Value
• By End User – Hospitals, Clinics and Others: By Value
Regional Markets – North America, Europe, Asia-Pacific and Rest of the World
(Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Gastrointestinal Endoscopy Devices Market – Size and Growth: By Value
• By Product Type – Hemostasis Devices, Capsule Endoscopes, G.I Videoscopes, Biopsy Devices and ERCP Devices: By Value.
• By End User – Hospitals, Clinics and Others: By Value
Country Analysis – U.S., Canada, Germany, U.K, Japan, India, China and Brazil.
(Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Gastrointestinal Endoscopy Devices Market – Size and Growth: By Value
• By Product Type – Hemostasis Devices, Capsule Endoscopes, G.I Videoscopes, Biopsy Devices and ERCP Devices: By Value.
• By End User – Hospitals, Clinics and Others: By Value
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Other Report Highlights
• Market Dynamics – Drivers and Restraints
• Market Trends
• Company Share Analysis
• SWOT Analysis
• Porter Five Force Analysis
• Supply Chain Analysis
• Policy and Regulatory Landscape
• Company Analysis – Medtronic, Stryker Corporation, Boston Scientific Corporation, CONMED Corporation, Olympus Corporation, Cook Group Incorporated, Fujifilm Holdings, Congentix Medical, US Endoscopy and PENTAX Medical.
Customization of the Report
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.
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