Endoscopy Fluid Management Systems Market to Record CAGR of 7.2% Increase in Revenue by 2028

VALLEY COTTAGE, N.Y. – Laparoscopy Suction Irrigation Pumps are likely to remain the top selling product type, whereas developing economies are projected to demonstrate impressive revenue growth in coming years.

Providing a brief overview of the FDA regulations for Class II medical
devices such as endoscopes, a new study presented by Future Market Insights
offers an exhaustive assessment of the global endoscopy fluid management systems landscape
for a 10-year projection period, 2018-2028.

According to the FMI study, as the Tier 1 players continue to contribute
over 70% share of the market revenue, the global endoscopy fluid management
systems landscape remains a highly consolidated space.

The report covers extensive profiling of the top four performers including a few of the biggest industry names such as Stryker Corporation and Olympus Corporation. However, research indicates that even local players have strong penetration in regional markets.

Download the sample copy of Report with table of contents and Figures @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4358

Top 3 Insights from Key Players Analysis

  • While a majority of companies are focusing on new product launches, strategic mergers and acquisitions are likely to emerge the most profitable developmental decisions in the near future.
  • Most of these strategic moves will be primarily directed to address the high price point pressure associated with endoscopy fluid management systems that often affects revenue growth in developing economies.
  • Major hospital networks in developed regional markets are witnessing M&A between hospitals, which is likely to shape costing of medical devices such as endoscopy fluid management systems – eventually slashing down the profitability margins of manufacturers.

Preview Analysis of Endoscopy Fluid Management Systems Market: Introduction of Technology Based Products Trending the Global Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028https://www.futuremarketinsights.com/reports/endoscopy-fluid-management-systems-market

“Constantly increasing chronic disease instances, coupled with immense
technological advances in the field of endoscopy, is prominently driving the
US$ 342 Million market for endoscopy fluid management systems (or irrigation
pumps) in recent years,” says a senior research analyst at the company.

Top 5 Insights from Segmental Analysis

  • With maximum use in laparoscopic procedures, endoscopy fluid management systems continue to register maximum revenue generation through sales of laparoscopy suction irrigation pumps, followed by laparoscopy fluid management systems.
  • Based on the modality of endoscopy fluid management systems, the Benchtop holds a substantial market value share.
  • Hospitals register the highest consumption of endoscopy fluid management systems.
  • Owing to a massive number of cancer survivors in the US, North America’s market for endoscopy fluid management systems is currently accounting for the largest revenue share in the global landscape, followed by Asia Pacific and Europe.
  • MEA and Latin America are likely to represent a significant incremental opportunity, according to FMI study.

Healthy Year over Year Revenue Growth Projected for Asia Pacific

APAC has become the hotspot for leading medical device companies, which is further intensified by dramatically growing medical tourism sector. Across APAC, Japan is likely to account for substantial revenue generation, enabling the regional market secure second spot in the global endoscopy fluid management systems landscape. FMI projects over 7% year on year revenue growth in 2020 and beyond, for this regional market.

Buy this report @ https://www.futuremarketinsights.com/checkout/4358

Government Regulations Favor Market Growth in Latin America

Latin American market for endoscopy fluid management systems is thriving at
a promising pace owing to favorable government initiatives regarding endoscopic
procedures and medical device marketing. Noteworthy demand for laparoscopy
suction irrigation pumps within the region is identified to be responsible for
the rapid revenue growth of endoscopy fluid management systems marketplace
across Latin America.

Egypt’s End Users Drive Market Growth in MEA

The market for endoscopy fluid management systems in MEA is prominently driven by the improving regulatory landscape related to the marketing of medical devices, pushed further by impressive sales of laparoscopy suction irrigation pump based endoscopy fluid management systems. FMI spots higher market attractiveness in Egypt owing to the presence of a large number of end users. However, poor operational environment still remains a major growth barrier for the region.

Our advisory services are aimed at helping you with specific, customized insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with youhttps://www.futuremarketinsights.com/ask-the-analyst/rep-gb-4358

More from Healthcare, Pharmaceuticals and Medical devices :

About Us

Future Market Insights (FMI) is a leading market intelligence and
consulting firm. We deliver syndicated research reports, custom research
reports and consulting services which are personalized in nature. FMI delivers
a complete packaged solution, which combines current market intelligence,
statistical anecdotes, technology inputs, valuable growth insights and an
aerial view of the competitive framework and future market trends.

Contact Us
Mr. Abhishek Budholiya
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): + 44-(0)-20-7692-8790 
Sales: sales@futuremarketinsights.com  
Press OfficePress@futuremarketinsights.com  
Blog: Market Research Blog  
Websitehttps://www.futuremarketinsights.com/

Be the first to comment

Leave a Reply

Your email address will not be published.


*