Global Colonoscopes Market is Expected to Register a Healthy CAGR in the Forecast Period of 2019 to 2026

According to Data Bridge Market Research new Market report, global colonoscopes market will account to growth at a steady CAGR of 4.8% during the forecast period of 2019 to 2026.

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Global Colonoscopes Market

Colonoscopes are a type of endoscopy devices that are used in the colonoscopy procedures which is used to detect any diseases or disorders of small bowel or large intestines. This procedure is majorly utilized for the diagnosis and treatment of colorectal cancer, ulcers, polyops, or detection of any bleeding or inflammation. Colonoscopes is a type of flexible tube with a fiber optic camera or a charged couple device camera attached to one end of this tube which is inserted through the anus and the video feed can be viewed on an external screen.

Segmentation: Global Colonoscopes Market

Global colonoscopes market is segmented on the basis of product type, technology, end-user and geography.

By Product Type (Fiber Optic Colonoscopy Devices, Video Colonoscopy Devices), Technology (Instruments & Accessories, Colonoscopy Devices Service), End User (Hospitals, Ambulatory Surgery Centers, Others) and Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)

FACTORS DRIVING GROWTH IN COLONOSCOPES MARKET

Increasing deaths caused due to colorectal cancer

According to American Cancer Society’s Cancer Statistics there has been a rise in deaths caused by colorectal cancer in the United States year-on-year. According to their study, the estimated prevalence of cancer has although decreased due to the growing levels of diagnostic screenings and early detection procedures the mortality rate caused by this disease is still expected to rise. This factor of increasing mortality rate along with growth in early screening and detection of colorectal cancer is expected to drive the market growth for colonoscopes due their usage in diagnostic as well as treatment procedures for colorectal cancer.

Global Colonoscopes Market

Key Market Competitors:

Few of the major competitors currently working in the colonoscopes market are FUJIFILM Holdings Corporation, Karl Storz , Olympus Corporation, Endomed Systems, , Boston Scientific, Avantis, , HOYA Corporation. ,Getinge AB., SonoScape Medical Corp., Endo Technologies,, Smart Medical Systems Ltd, GI-View.,Steris,  among others.

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