Rising patient pool for GI disorders is the primary key factor stimulating the market growth.
The demand for endoscopic imaging is rising globally due to growing incidences of chronic diseases like cancer in geriatric population due to changing lifestyle and eating habits and advanced technological innovations in the field of endoscopy fuel the market growth. There is a plethora of advanced imaging technologies which aim to improve visualization of the vascular network and surface texture of the mucosa and thereby improve tissue characterization, differentiation, and diagnosis. Along with this, minimal scarring, less chance of infection, and shorter hospital stays also benefits the market growth. However, high pricing and lack of skilled surgeons and technicians are restraints for the global endoscopic imaging market.
The report has profiled nineteen key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. Increasing R&D activities in each region are different and focus is given on the regional impact on the cost, availability of advanced technology are analyzed and the report has come up with recommendations for a future hot spot in the APAC region.