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Fiberscope Market report offers an in-depth analysis of various factors promoting and demoting the growth of the market during the mentioned forecast period. The information provided in the report is gathered from primary and secondary research methods.
Fortune Business Insights predicts that technological advancements in hysteroscopes will boost the market for fiberscope in their new report, titled “Fiberscope Market Size”, Share and Global Trend by Procedure (Bronchoscopy, Arthroscopy, Cystoscopy, Colonoscopy), by End User (Hospitals, Ambulatory surgical centers, Others) and Geography Forecast till 2026”.
The report covers detailed insights into growth drivers and major insights during the forecast period, 2018 to 2026. In terms of end user, the hospitals segment accounts for the largest percentage of the overall fiberscope market share because of the rising adoption of nonsurgical procedures worldwide.
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Leading Players operating in the Fiberscope Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
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North America, followed by Europe to Register Impressive Growth on Account of Availability of Better Therapeutic Facilities
Geographically, North America leads the global fiberscope market followed by Europe. North America is one of the early adopters of the latest healthcare technologies. This, coupled with the presence of a sophisticated healthcare infrastructure, is enabling growth in the North America fiberscope market. The National Center for Health Statistics (NCSH) stated that about 6.2 million endoscopic procedures of both small and large intestines were performed in the U.S. in 2010. In addition to this, the American Society of Gastrointestinal Endoscopy estimates an approximate of 75 million endoscopic procedures conducted in the U.S. in 2017. This is indicative of the favorable fibebrscope market trend prevalent in the region.
On the other side, the increasing awareness and rising prevalence of endoscopic procedures in developing nations of Asia Pacific are anticipated to create lucrative growth opportunities for the market in the long run. However, due to limited number of skilled technicians for endoscopic procedure available in the Middle East and Africa, this region is predicted to show slower growth rate in the near future.
Global Fiberscope Market Segmentation
By End User
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An Overview of the Impact of COVID-19 on this Market:
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To view the original version on The Express Wire visit Fiberscope Market: Global Size, Share, Industry Supply, Regional Demand, Segments and Forecast 2020-2026