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Showing posts with the label Endoscopes Industry

Endoscopes Market Size To Hit USD 19.4 Billion By 2028

  San Francisco, 24 March 2021:   The Report  Endoscopes Market  Size, Share & Trends Analysis Report By Product (Flexible Endoscopes, Disposable Endoscopes), By Application, By End-use, By Region, And Segment Forecasts, 2021 - 2028 The global endoscopes market size is expected to reach USD 19.4 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.0% from 2021 to 2028. The growing awareness regarding the benefits of minimally invasive surgeries as compared to open invasive surgeries and the rising prevalence of chronic diseases, such as cancer, heart diseases, and diabetes, are some of the factors driving the market. In addition, technological advancements with respect to endoscopes and the increasing applications in various diagnosis and treatment processes are among the key trends boosting the demand for endoscopes globally. Based on product, flexible endoscopes dominated the market with a share of 49.9% in 2020. This is