2016 US digestive tract endoscopy equipment market value will more than double

Release date: 2010-02-22




According to a survey conducted by iData Research, the main authority of medical equipment, the US digestive tract endoscope market is expected to grow at a double-digit rate, and the output value in 2016 will exceed $1.8 billion. Some of the faster-growing markets include the anti-reverse market, which is expected to triple in value by 2011. The esophageal stent market is expected to grow in double digits by 2016, as surgeons will use stents as an additional tool in certain situations, such as weight loss treatment.

Digestive tract endoscopy is an ideal method for the diagnosis and treatment of digestive tract diseases. The digestive tract endoscope is the largest market segment in the endoscope market. In 2009, it accounted for 32% of the entire market. However, with the continuous advancement of capsule camera technology, it is expected that capsule endoscope equipment will become the second largest market segment by 2016. In addition, the ultrasound endoscope market is expected to grow at a compound annual growth rate of 16%.

Kamran Zamanian "In the gastrointestinal endoscopy in 2009, colonoscopy accounted for nearly 50%, reflecting the increasing frequency of regular colonoscopy for early diagnosis of colorectal cancer," said iData CEO Dr. Kamran Zamanian. "Since the reimbursement issues and concerns about the effectiveness of the colonoscopy, the simulated colonoscopy will maintain a modest increase."

(Source: Kexun)

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