Endotherapy Devices Market , by Product ( ERCP Devices & Accessories , GI Devices & Accessories , Other Endotherapy Devices and Accessories ), Application ( Urology Endoscopy , Laparoscopy , Gastrointestinal Endoscopy , Bronchoscopy , Neuro-Endoscopy , Arthroscopy , Other ), End Users ( Hospitals , Clinics , Others ), opportunities and forecast 2020-2027
Endotherapy Devices Market Overview
Endoscopy is minimally invasive medical process for prevention , diagnosis , and treatment of the complications in visceral organs . Endotherapy is therapeutic procedure involves the application of endoscopy . The endotherapy devices are either planted in the body via natural openings or through incisions , especially in case of arthroscopy . Procedure is used in case of targeted illnesses such as gastrointestinal disorders and colon cancer , as the devices help use nominally invasive methods to treat patient . Endoscopy is also performed post-surgeries in order to detect complications . Endotherapy is generally safe but may give rise to complications such as infection and bleeding .
Endotherapy devices market is primarily driven by increasing prevalence of diseases such as cancer and chronic pancreatitis that require minimally invasive medical procedure . All around the world , lung and breast cancer are leading causes of death in women and men respectively . Additionally , increase in geriatric population is at high risk of the chronic diseases comprises arthritis is too estimated to propel market growth . Other factors such as preference for minimal invasive treatments and technological advancements leading to ultrahigh-definition visualization systems also augment to boost the market growth .
Endotherapy Devices Market Segment Overview
The endotherapy devices market is motivated by rise in incidence of diseases which require endoscopy , for instance , gastrointestinal infections , stomach ulcers , and chronic pancreatitis . According to literature review , occurrence of chronic pancreatitis in U . S . was over 4.05 % in the year 2015 . In addition , increase