Global ENT Endoscopy and Bronchoscopy Devices Market to grow at a CAGR of 10.16% during the period 2017 - 2021; Finds New Report

Report forecast the global ENT endoscopy and bronchoscopy devices market to grow at a CAGR of 10.16% during the period 2017-2021.

The ENT endoscopes market is driven by the new-generation flexible video scopes. These are less traumatic and provide improved visualization for the surgeons. The increasing cases of sinusitis, ear infections, and sleep disorders are driving the growth of the ENT endoscopes market. Obesity and older adult population contribute to the increasing use of these devices. Surgeries related to the head and neck region that are inaccessible for surgeries are expected to increase over the forecast period.

These surgeries include transnasal endoscopic pituitary gland surgery, tumor resection, and complex ear surgery. However, the preference for non-invasive procedures such as Positron Emission Tomography (PET) and other imaging technologies challenge the market growth for ENT endoscopes. Olympus is the leading manufacturer of these devices followed by Karl Storz and Arthrex.

The report covers the present scenario and the growth prospects of the global ENT endoscopy and bronchoscopy devices market for 2017-2021. To calculate the market size, the report considers the global demand for global ENT endoscopy and bronchoscopy devices market.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

According to the report, as a person ages, the chances of respiratory diseases, like COPD, asthma, and some cancers increase. Many of these conditions are detected or treated using endoscopy procedures. As per the latest available Organisation for Economic Co-operation and Development statistics, the percentage of elderly population diagnosed with respiratory diseases has been increasing in most countries.

Further, the report states that superbugs are antibiotic-resistant bacteria, and the resulting infections are difficult to treat. Endoscope manufacturers did not have Food and Drug Administration (FDA) clearance before marketing their devices. Many companies had failed to report adverse effects and issue adequate cleaning instructions. The endoscope-related superbug outbreak in 2015 resulted in infections and deaths in the US and Europe. For instance, in February 2015, FDA had warned Olympus, Fujifilm, and Pentax (Hoya) for violating the rules. These devices are difficult to clean, and hence, the FDA had issued cleaning guidelines, but it was understood that those guidelines would not guarantee the devices to be free from bacteria. The families of those who were infected and had died filed lawsuits against the manufacturers of those devices. These incidents can be partially credited to the group purchasing organizations (GPOs) who have major control over purchasing activities in a healthcare center, usually big hospitals. GPOs look for endoscopic devices available at low prices despite the availability of better devices with low or zero complications. These decisions sometimes lead to serious conditions like superbug outbreak where patients may get infected and sometimes lead to death.

Global ENT Endoscopy and Bronchoscopy Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global ENT endoscopy and bronchoscopy devices market: Aesculap, Karl Storz, Olympus, and Teleflex

Other Prominent Vendors in the market are: Arthrex, ENDOSERVICE, Fujifilm, Henke-Saas, Wolf, Maxerendoscopy, PENTAX Medical, Richard Wolf, and Sopro-Comeg (Acteon Group)

Market driver

• Growing elderly population with respiratory disorders
• For a full, detailed list, view our report

Market challenge

• Superbug outbreak a major challenge to the manufacturers
• For a full, detailed list, view our report

Market trend

• Increasing preference for endoscopic middle ear surgery
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 76 pages and 32 Exhibits “Global ENT Endoscopic and Bronchoscopic Devices Market 2017 - 2021” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product, Market segmentation by end-user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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