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Endoscopic fluid management
The development of camera-assisted surgery and the advent of endoscopy fluid management mechanisms are key factors driving the global endoscopy market. These innovative products are able to provide clear visibility and manage the fluid pressure during endoscopic surgeries. Some of the leading manufacturers of endoscopic fluid management systems include Olympus Corporation, Smith & Nephew, Karl Storz GmbH & Co KG, Cantel Medical Corporation, Stryker Corporation, Medtronic plc, B. Braun Medical Inc., and Hologic Inc.
The North American region is expected to show significant growth in the next few years. This region will be driven by increased healthcare expenditure. In 2015, the U.S. Centers for Medicare & Medicaid Services reported that the country's total health expenditure was USD 4.1 trillion. In addition, continuing technological innovations and the availability of highly skilled medical professionals in the region are likely to drive the regional market. These factors are expected to propel the growth of the endoscopy fluid management market in the coming years.
The competitive landscape in the endoscopy fluid management market is divided into countries. In this section, you will find details about the major companies in each country and their financials, revenues generated, and new market initiatives. Additionally, you will find information about each company's production capacities, sites, and product offerings. You will also find a competitive analysis of the major companies in the endoscopy fluid management market by their strengths, weaknesses, and product launch dates.
The Asia Pacific region is primarily driven by the United States. However, the Middle East is also anticipated to grow rapidly. The region has a large population and a growing geriatric population, which is driving the adoption of minimally invasive endoscopic procedures. These factors are expected to increase the market's revenue potential over the next few years. APAC is also a growing hotspot for medical device companies, and Japan is likely to take the second spot in the global endoscopy fluid management systems market.
While most industries have remained stable for a long time, the endoscopy fluid management market is expected to continue to see a significant increase in growth over the next few years. With the introduction of FMS VUE(r) II, two major companies have gained FDA approval for their devices. These companies have a variety of products for the endoscopy market. This means that many more patients can benefit from these innovative solutions.
A wide range of endoscopic fluid management systems are available. The EndoMat fluid management system is an endoscopically-assisted fluid management system that is CE-marked. The Stryker CrossFlow Integrated Arthroscopy Pump, for instance, is CE-marked according to the European Medical Device Directive. The newest generation of syringes, and the improved accuracy of the GI system are driving the growth of the market.