Endoscopy Equipment Market Worth $35.23 Billion | Analysis of Worldwide Industry Trends and Opportunities
The key factors driving the growth of endoscopy equipment market include growing demand for endoscopy, growing investments, funds, and grants, rising number of hospitals and growing hospital investments in endoscopy facilities, and technological advancements. However, unfavorable healthcare reforms in the US, and high cost of endoscopy procedures & equipment and limited reimbursement in developing countries are expected to restrain the growth of this market. Endoscopy Equipment Market Dynamics: Impact Analysis 1. Growth in the Robotic Surgery Market 2. Growing Demand for Endoscopy 3. Growing Investments, Funds, and Grants 4. Rising Number of Hospitals and Growing Hospital Investments in Endoscopy Facilities 5. Technological Advancements The global endoscopy equipment market to reach $35.23 billion by 2024 from an estimated $25.59 billion in 2019 at a CAGR of 6.6%. Market Size Estimation: The market size estimates and forecasts provided in this study are derived throu...