Friday 18 April 2014

Worldwide Research On Endoscopy Market Report: 2014 Edition by Researchmoz

ResearchMoz.us include new market research report" Global Endoscopy Market Report: 2014 Edition" to its huge collection of research reports.

Researchmoz presents this most up-to-date research on"Global Endoscopy Market Report: 2014 Edition". The report focuses primarily on quantitative market metrics in order to characterize the growth and evolution of the Remote Patient Monitoring Market.


Endoscopy is a minimally invasive diagnostic medical procedure in which a tube like instrument, known as endoscope, is used to look inside the body and examine organs. There are many different types of endoscopes available in the market; some are flexible and rigid while few are in a form of capsule. Moreover, there exist specialized endoscopes depending on the area of the body to be examined, such as bronchoscope for airways and lungs, arthroscope for joints, laparoscope for abdomen, and colonoscope for large intestine, among others. Apart from their use in various types of surgeries, endoscopy equipments are also being used for non-surgical applications in the form of internal diagnostic tool and even for anatomical observations. Due to these multiple uses, the market continues to grow worldwide.

The development of technologically advanced endoscopic equipments in the US, Europe and Japan has resulted in steep market growth of endoscopic products in these regions, while diffusion of these products in emerging countries like China and India has just started. However, these emerging economies hold great opportunities for endoscopy market growth due to increasing income levels and improving medical infrastructure.

Factors like growing ageing demographics, increasing income levels, and rising incidence rate of other co-morbidities like obesity and diabetes are driving endoscopy market. In addition, the demand for endoscopic equipments is being increasingly driven by rising incidences of cancer cases due to their growing usage for early detection and treatment of the disease. The increasing number of endoscopic procedures due to growing preference for minimally invasive surgeries is likely to further propel the growth of the industry. The market is projected to grow further in years to come and become more specialized due to economic, social and demographic trends.

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A rise in the world’s aging population, increase in the number of patients living with Parkinson’s disease and growing awareness about neurological movement disorders among patients have triggered the growth of deep brain stimulation devices market. Globally, neurological disorders are the main causes of mortality; these account for approximately 12% of total number of deaths. Of these, cerebrovascular diseases are responsible for 85% of deaths. Parkinson’s disease is the most common neurodegenerative movement disorder after Alzheimer’s. Symptoms associated with this disease include tremors, slowness of movement, muscle stiffness and trouble with balance.Drug therapy is the most effective treatment option available to control Parkinson’s disease in the initial stages; however, a large number of medicines are required to control the disease during the advanced stages. In late stage of the disease, deep brain stimulation (DBS) surgical treatment is used to control the involuntary symptoms. DBS is an effective, clinically proven and the U.S. FDA approved advanced surgical option to treat mild to severe Parkinson’s disease. The market for DBS devices is expected to grow at a healthy rate during the forecast period of 2013 to 2019. However, high cost involvement in the surgical procedure may hamper the growth of the market.


Currently, China has entered the accelerated aging period. China’s population aged 65 and above reached 131.61 million in 2013, accounting for 9.7% of total population; and the proportion will rise to 10.7% in 2016. Meanwhile, the rising old-age dependency ratio (shown as the proportion of aged dependents per 100 working-age population) as well as the growing number of elderly people, childless elderly, disabled elderly and elderly with chronic disease have exacerbated the seriousness of population aging in China.In 2013, China’s dependency ratios of populations aged over 60 and above 65 were up to 21.4% and 13.1%, respectively; Chinese elderly population (80 years and older) rose to 23 million, and the annual growth of one million people would continue to 2025; disabled elderly population increased to 37.5 million; the elderly with chronic disease outnumbered 100 million.To cope with the continuously compounded aging problem in China, the Chinese Government included the cause of aging in China's Twelfth Five Year Plan (2011-2015) in 2011, and accelerated the introduction of policies to support the aged care industry from 2012 on, explicitly encouraged and guided private capital into the aged care industry as well as continued to lower barriers to foreign investment, etc


The market for endoscopy products is highly competitive with several players operating both at a global and regional level. Technological, price, and service diversities are the key factors responsible for driving competition in the market. The leading players include Olympus, Johnson & Johnson, Boston Scientific Corporation, Covidien, Stryker, Smith & Nephew, and Karl Storz, among others.

The report “Global Endoscopy Market” analyzes the development of this market, with a focus on its segments including: laparoscopy, urology endoscopy, gastrointestinal endoscopy and arthroscopy. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. The four major players in the industry, Johnson & Johnson, Olympus Corporation, Covidien, and Boston Scientific are being profiled along with their key financials and strategies for growth.

By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.

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