Global Narrow Band Imaging (NBI) Market, By Type (Sequential Systems, Non-Sequential Systems), Application (Gastrointestinal Endoscopy, Cystoscopy, Bronchoscopy, Magnetic Resonance Imaging (MRI), Others),Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Narrow Band Imaging (NBI) Market
Narrow band imaging (NBI) market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to grow at a CAGR of 6.7% in the above mentioned forecast period.
Narrow-band imaging (NBI) is a type of an innovative optical technology that alters the center wavelength and bandwidth of an endoscope’s light into narrow-band illumination. In this technique a number of diverse wavelengths are applied in visualization so that some aspects are clearer and can be focused upon. It is used in various endoscopy procedures where the applications of these wavelengths help in exacting the blood cells and other exterior bodies, if present.
The increasing number of hospitals and rising hospital investments in endoscopy facilities is amongst the important factors intensifying the growth and demand of narrow band imaging (NBI)market. In addition, the increased awareness and acceptance of narrow band imaging techniques, is also contributing to the growth in the global market over the forecast period of 2021 to 2028. Also the rising ageing population, increase in the number of endoscopic procedures as well as rapid advancements in endoscopic technologies are also enhancing the growth of the market. Likewise, the developing healthcare infrastructure as well as increasing incidence of gastrointestinal disordersare also lifting the market growth in the above mentioned forecast period. Also, the rising funds, investments and grants are also one of the significant factors fueling the growth of thenarrow band imaging (NBI) market.
Theincreasing healthcare market in emerging economies and rapid technological advancement in healthcare facilities will further accelerate the expansion of the narrow band imaging (NBI) market and are also are offering significant growth opportunities for the market in the forecast period of 2021 to 2028.
However, the unfavorable healthcare reforms as well as high cost of endoscopy procedures and equipment and inadequate reimbursementwill curb the growth of the narrow band imaging (NBI) market, whereas the dearth of experienced medical professionals and trained physicians have the potential to challenge the growth of the narrow band imaging (NBI) market.
This narrow band imaging (NBI) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info onnarrow band imaging (NBI) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Narrow Band Imaging (NBI) Market Scope and Market Size
Narrow band imaging (NBI) market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the narrow band imaging (NBI) market is segmented into sequential systems and non-sequential systems.
- The application segment ofnarrow band imaging (NBI)market is segmented into gastrointestinal endoscopy, cystoscopy, bronchoscopy, magnetic resonance imaging (MRI) and others.
Narrow Band Imaging (NBI) Market Country Level Analysis
Narrow band imaging (NBI) market is analyzed and market size insights and trends are provided by country, type and application as referenced above.
The countries covered in the narrow band imaging (NBI)market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region leads the narrow band imaging (NBI)market owing to the favorable reimbursement policies, high rate of R&D activities as well ashigh technology adoption and its usagewithin the region. Europe is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of thehigh incidence rate of internal body organ surgeries and increasing cancer patientwithin this particular region.
The country section of the narrow band imaging (NBI) market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Narrow band imaging (NBI)market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for narrow band imaging (NBI)market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the narrow band imaging (NBI)market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Narrow Band Imaging (NBI)Market Share Analysis
Narrow band imaging (NBI) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to narrow band imaging (NBI)market.
The major players covered in the narrow band imaging (NBI) marketreport areOLYMPUS CORPORATION, HOYA Corporation,KARL STORZ SE & Co. KG., PENTAX Medical, Richard Wolf GmbH, Stryker, FUJIFILM Corporation, Medtronic, Boston Scientific Corporation, Cook, Astrodon Inc. and Capital Healthamong other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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