Market Highlights: Medical video scope has a huge market over the globe owing to their broad application fields as well as their versatility in terms of specification of instruments, which fits in with the different conditions of different procedures. A medical video scope is an optical medicinal device that serves to screen and execute diagnostic interventions inside the hollow cavities and visceral organ of the body, including the gastrointestinal tract, brain, lungs, and many more. The demand for the medical video scope in the market is booming due to the ailments such as abdominal pain, ulcers, and others. The demand for endoscopy has significantly increased due to the growing number of minimally invasive surgeries across the globe. The market study is being classified by Type (Video Endoscopes (Rigid Video scopes, Flexible Video scopes) and Visualization Systems), by Application (Laparoscopy, Gastrointestinal (GI) Endoscopy, Arthroscopy, Obstetrics/Gynecology and Urology Endoscopy (Cystoscopy)) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Medical Videoscope are Olympus Corporation (Japan), Stryker Corporation (United States), Karl Storz GMBH & Co.KG (Germany), Fujifilm Holding Corporation (Japan), Hoya Corporation (Pentax Medical), Richard Wolf GMBH (Germany), Smith & Nephew PLC (United Kingdom), Conmed Corporation (United States), Welch Allyn, Inc. (United States) and XION GMBH(Germany).
In April 2020 Olympus launches EVIS X1, the most advanced endoscopy system, the new system is developed aiming to improve outcomes from disorders of the stomach, colon, and oesophagus, as well as from bronchial diseases, The launch of EVIS X1 further strengthens Olympus’ leadership in endoscopy and continued medical focus.
Key Questions Answered in the Report What will the Medical Videoscope Market size and the growth rate be in Future? What are the key factors driving the Medical Videoscope Market? What are the key market trends and macro-economic impacting the growth of the Medical Videoscope Market? What are the challenges to market growth? Who are the key vendors in the Medical Videoscope Market? What are the market opportunities and threats faced by the vendors in the Medical Videoscope Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Medical Videoscope Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Medical Videoscope market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Medical Videoscope market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Medical Videoscope Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.