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The Worldwide Endosurgery Device Industry is Expected to Reach $7.1 Billion by 2027 - ResearchAndMarkets.com

The Worldwide Endosurgery Device Industry is Expected to Reach $7.1 Billion by 2027 - ResearchAndMarkets.com

By AP News
Published - Oct 06, 2022, 05:44 AM ET
Last Updated - Jun 24, 2023, 03:53 AM EDT

DUBLIN--(BUSINESS WIRE)--Oct 6, 2022--

The "Endosurgery Device Market Research Report by Product (Electrosurgical Device and Endomechanical Device), Application, End User, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Endosurgery Device Market size was estimated at USD 4,952.38 million in 2021, USD 5,255.47 million in 2022, and is projected to grow at a CAGR 6.29% to reach USD 7,144.00 million by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Endosurgery Device Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Endosurgery Device Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Endosurgery Device Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Endosurgery Device Market?

4. What is the competitive strategic window for opportunities in the Global Endosurgery Device Market?

5. What are the technology trends and regulatory frameworks in the Global Endosurgery Device Market?

6. What is the market share of the leading vendors in the Global Endosurgery Device Market?

7. What modes and strategic moves are considered suitable for entering the Global Endosurgery Device Market?

Market Dynamics

Drivers

  • Rising preference for minimally invasive endoscopic procedures
  • Growing awareness regarding advantages of laparoscopic surgeries
  • Significant developments in endomechanical devices

Restraints

  • Dearth of trained physicians and endoscopists

Opportunities

  • Evolution of robot assisted endoscopy
  • Technological advancements associated with endoscopes

Challenges

  • Incidence of infections due to few endoscopes

Companies Mentioned

  • B. Braun Melsungen Ag
  • Boston Scientific
  • CONMED Corporation
  • Cook Medical
  • Erbe Elektromedizin GmbH
  • Ethicon
  • Ethicon, Inc.
  • Fujifilm
  • Healthium Medtech
  • Hoya Corporation
  • Karl Storz SE & Co. KG
  • MEDROBOTICS CORPORATION
  • Medtronic
  • Meril Life Sciences Pvt. Ltd.
  • Olympus Corporation
  • Reach Surgical
  • Richard Wolf GmbH
  • Smith & Nephew PLC
  • Stryker

For more information about this report visit https://www.researchandmarkets.com/r/6b9qbs

View source version on businesswire.com:https://www.businesswire.com/news/home/20221006005510/en/

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KEYWORD:

INDUSTRY KEYWORD: HEALTH GENERAL HEALTH

SOURCE: Research and Markets

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