Tanuja Kulkarni

Tanuja Kulkarni

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Neurovascular Devices Market Synopsis:The growth of healthcare technology is likely to reflect on the increasing demand for medical devices over the next couple of years.According to a study published by Market Research Future (MRFR), the global neurovascular devices market is expected to strike a robust CAGR of 8.8% over the assessment period 2017 to 2023.The increasing burden of neurovascular diseases such as aneurysm and arteriovenous malformations (AVMs) among others are expected to encourage the expansion of the market in the years to come.Healthcare technology is being rapidly developing and adopted by healthcare providers.The rapid developments witnessed in the healthcare sectors of developing regions resonate strong potential for market growth.Also, rising investments in research & development, supported by governments, are projected to unleash developmental opportunities to the market in the foreseeable future.Neurovascular Devices Market Competitive Dashboard:The noteworthy players participating in the share analysis of the global neurovascular devices market are Stryker, Johnson & Johnson Services, Inc., Medtronic, TERUMO CORPORATION, Merit Medical Systems, Inc., Abbott, Medikit co., ltd., Secant Group, LLC, MicroPort Scientific Corporation, Penumbra, Inc., Evasc, Rapid Medical, Neuravi, OxfordEndovascular, W. L. Gore & Associates, Inc., Sensome, Delaware Corporation, Blockade Medical, LLC.,  and Gynesonics.Neurovascular Devices Market Segmentation:On the basis of product, the global neurovascular devices market has been segmented into aneurysm coiling & embolization devices, support device, neurothrombectomy devices, cerebral balloon angioplasty, and stenting systems.The aneurysm coiling & embolization devices segment is sub-segmented into embolic coils (detachable coils, and pushable coils), flow diversion devices, and liquid embolic.
The global endoscopy devices market  size is anticipated to exhibit a CAGR of 6.3% over the forecast period of 2017-2023, asserts Market Research Future (MRFR) in an exhaustive study.Endoscopy devices have become the first line of treatment in case of major infections and diseases.The growing popularity of minimally invasive medical procedures coupled with the prevalence of chronic diseases have generated high demand for endoscopy procedures and subsequently driven the global endoscopy device market.Technological advancements in endoscopy devices have led to the development of improved endoscopy devices with reduced scope size, and other improvements which allow rotation and steering, ultra-high definition, and advanced imaging modalities which have further increased adoption of endoscopy devices among healthcare professionals.Medical device manufacturers are outlaying massive amounts on R activities for the development of more innovative and minimally invasive endoscopy devices.New product development and rise in the number of FDA approvals have also reflected positively on the growth of the global endoscopy devices market.Improvement in reimbursement scenario for endoscopic procedures, expansion of healthcare expenditure, and rise in the number of hospitals, diagnostic centers with state-of-the-art facilities are other factors fostering the growth of the global endoscopy device market.On the downside, risks of infection, piercing or a tear in the organ being treated, and bleeding are possible bottlenecks to the global endoscopy device market.Endoscopy Device Market Competitive LandscapeRICHARD WOLF, Micro-Tech Endoscopy, Cognetix, Stryker, PENTAX MEDICAL, Interscope Inc., Cogentix Medical, KARL STORZ Gmbh & Co. KG, OLYMPUS, J services Inc., Cantel Medical, Shaili Endoscopy, FUJIFILM, and Integrate Endoscopy are the key players in the global endoscopy device market.Endoscopy Device Market SegmentationThe global endoscopy device market has been segmented based on type, therapy, treatment & procedure, application, accessory & processor, and end user.By type, the global endoscopy device market has been segmented into flexible endoscopes, rigid endoscopes, surgical endoscopes, robot-assisted endoscopes, and capsule endoscopes.By therapy, the global endoscopy device market has been segmented into colonoscopy, gastroscopy, sigmoidoscopy, endoscopic retrograde cholangiopancreatography, arthroscopy, laparoscopy, ureteroscopy, and cystoscopy.By treatment , the global endoscopy device market has been segmented into lower gastrointestinal conditions, abdominal, gynecologic and pelvic organ conditions, lung and airway conditions, joint and orthopedic conditions, upper gastrointestinal conditions, and urinary system conditions.The Abdominal, gynecological, and pelvic organ conditions segment has been further segmented into hernia repair, removal of the appendix, gallbladder, spleen, uterine fibroids, endometrial tissue, and ectopic pregnancy.The Joint and orthopedic conditions segment has been further segmented into carpal tunnel syndrome, torn or damaged cartilage, tendons, arthritis, repair of rotator cuff conditions, and loose bone or cartilage.The lower gastrointestinal conditions segment has been further segmented into removal of colon polyps, and treatment of bleeding from the colon.The lung and airway conditions segment has been further segmented into lung abscess, removal of a foreign object in the airway, and opening of a narrowed airway.The Upper gastrointestinal conditions segment has been further segmented into removal of polyps and foreign objects, treatment of hypertensive lower esophageal sphincter, widening of a narrowed esophagus, Barrett’s esophagus, and esophageal cancer.The urinary system conditions segment has been further segmented into kidney stones.By application, the global endoscopy device market has been segmented into gastrointestinal endoscopy, obstetrics/gynecology endoscopy, bronchoscopy, arthroscopy, urology endoscopy, mediastinoscopy, and otoscopy.By accessory & processor, the global endoscopy device market has been segmented into accessory and processors.By technology, the global endoscopy device market has been segmented into video and fiber.By end user, the global endoscopy device market has been segmented into critical care, gastroenterologists, general and pediatric surgeons, obstetricians-gynecologists (ob/gyns), and orthopedic surgeons.Endoscopy Device Market Regional AnalysisBy region, the global endoscopy devices market has been segmented into the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).The Americas is leading the global endoscopy device market due to the presence of robust healthcare infrastructure, massive development within the healthcare sector and high healthcare expenditure in the region.
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