Endoscopic Visualization Devices Markets Worldwide
-
Upload
marketstrat-inc -
Category
Business
-
view
5 -
download
1
description
Transcript of Endoscopic Visualization Devices Markets Worldwide
Endoscopic Visualization DevicesMarkets WorldwideMarkets Worldwide
Report Highlights
December 2012
Report Benefits
This report can help in:
• Assessing the world market for endoscopic visualizationdevices, growth segments and opportunities.
• Understanding market drivers and restraints, market• Understanding market drivers and restraints, marketsegmentation, market shares and competitive segmentation.
• Strategic planning and competitive strategy.
• Identifying opportunities for partnerships and alliances.
2© 2012 Marketstrat, Inc., All Rights Reserved
World Market
• The World Market for endoscopic visualizationdevices is expected to grow at more than 8%CAGR over the next seven years to over $5.7billion by 2018.
• The market is characterized by endoscopy and• The market is characterized by endoscopy andmedical device giants like Olympus and Strykerthat offer a broad spectrum of visualizationdevices from camera heads to printers, audio-visual giants like Sony and a number of nicheplayers.
November 12 © 2011 Marketstrat, Inc., All Rights Reserved 3
Key Segments
• Endoscopes and camera systems account forthe largest share of revenues
• Highest growth is projected in the emerging• Highest growth is projected in the emergingmarkets of Asia and Latin America.
November 12 © 2011 Marketstrat, Inc., All Rights Reserved 4
Key Drivers
• Technology advances
• Global demographic trends, aging populationsand related rise in healthcare utilization
• Rising healthcare expenditures in emergingmarkets
• Rising healthcare expenditures in emergingmarkets
• Increased demand for minimally invasiveprocedures
• Growing access to trained clinicians
• High growth of GI endoscopy
November 12 © 2011 Marketstrat, Inc., All Rights Reserved 5
Key Restraints
• Competing technologies
• High capital purchase costs
• Regulatory hurdles including long approvalprocessprocess
• Medicare spending cuts in the US
• Austerity measures in Europe may lead toreduction in reimbursement
November 12 © 2011 Marketstrat, Inc., All Rights Reserved 6
Leading Players
• Olympus/ GYRUS ACMI, Smith & Nephew,Stryker, Karl Storz, Aesculap, CONMED, Sony,Panasonic, Pentax, Fujifilm, and Richard Wolf
November 12 © 2011 Marketstrat, Inc., All Rights Reserved 7
Manufacturer Focus
• Manufacturers are focusing R & D efforts onapplication, ergonomics, latest informationtechnology devices, workflow and cost-efficiency. This in turn is helping to sustain aefficiency. This in turn is helping to sustain avibrant market for visualization devices.
November 12 © 2011 Marketstrat, Inc., All Rights Reserved 8
End-User Trends
• End-users are vying to acquire the latestscopes, HD cameras and flat-panel LCDmonitors for their superior visualizationcapability for both diagnostic and surgicalprocedures.procedures.
• Expanding use of electronic medical recordsand integrated medical information systems inestablished medical markets, calls forpremium devices.
November 12 © 2011 Marketstrat, Inc., All Rights Reserved 9
Latest Endoscopy Systems
• The latest endoscopy systems come withsoftware that allows real-time image analysisand storage
• Example: Pentax’s EndoPRO iQ software suite• Example: Pentax’s EndoPRO iQ software suitewith their HD Motion Picture Studio (HD MPS)allows image-inset in electronic reports. It canalso store and catalog video segments forrapid keyword searches.
November 12 © 2011 Marketstrat, Inc., All Rights Reserved 10
Innovation
• Medical endoscopy imaging giants continue toinnovate, offering technologies like Narrow-band imaging or NBI (Olympus), MultibandImaging or MBI (Fujifilm), OLED monitorsImaging or MBI (Fujifilm), OLED monitors(Sony), 3D-HD systems (Viking), EVIS EXERA IIIscopes (Olympus), PillCam capsule series forGI endoscopy (Given Imaging), full HDendoscopy systems, LED light sources, etc.
November 12 © 2011 Marketstrat, Inc., All Rights Reserved 11
Other Recent Innovations
• GIScribe, BronchoScribe and GynaeScribe series (fromComputer Science) which convert data captured intoclinical text that can be inserted into a report alongwith images
• The CMOS Native Full HD 1080p Endoscopy Camera• The CMOS Native Full HD 1080p Endoscopy Camerawith true 1920 x 1080p resolution that does notrequire digital up-scaling of image data (SchollyFiberoptic)
• Advanced analytical software for medical endoscopycalled eGoWorks® (Envisioner Medical TechnologiesInc.) that allows cloud storage and online collaboration.
November 12 © 2011 Marketstrat, Inc., All Rights Reserved 12
Sample Data Table
© 2012 Marketstrat, Inc., All Rights Reserved13
Sample Data Table
14© 2012 Marketstrat, Inc., All Rights Reserved
Sample Data Chart
Worldwide Revenue Estimates for Endoscopy Light Sources By Country/Region - ($Mill, 2011-2018)
$200.0
$250.0
$300.0
Rest of the World (ROW)
© 2012 Marketstrat, Inc., All Rights Reserved 15
$0.0
$50.0
$100.0
$150.0
2011
2012
2013
2014
2015
2016
2017
2018
Rest of Asia Pacific
Japan
Europe
Latin America (LATAM)
United States
Report StatsCategory Detail
Regions Covered US, Latam, Europe, Japan, Rest of APAC, Rest of the World
Product Segments • By Product: Camera Systems, Light Sources, Display Monitors, Printers,Image Capture and Recording Devices, Capsule Workstations andRecorders, Endoscopes
• By Geographic segment - US, Latam, Europe, Japan, Rest of APAC, andROWROW
Companies Profiled 35
Market Estimates/ Forecasts Revenues ($) for 2011-2018
Report Code MSR 505 -12
Price $1995 (single-user license); $3990 (corporate license)
No. of Pages 175 pages; 71 data tables; 63 charts
Publication Date December 2012
© 2012 Marketstrat, Inc., All Rights Reserved 16
About Us
Marketstrat specializes in Medical Market Research. We assist companieswith market, technology, and best practice strategies & intelligence,through a unique combination of published reports, solutions, and
services.
Our strengths include: a deep understanding of the medical devices valueOur strengths include: a deep understanding of the medical devices valuechain, state-of-the-art data collection tools, and a robust research
methodology.
4695 Chabot Drive, Suite 200Pleasanton, CA 94588, USA.
Email : [email protected]: 925-263-4455
Fax: 925-263-4456
www.marketstrat.com
© 2012 Marketstrat, Inc., All Rights Reserved 17
18© 2012 Marketstrat, Inc., All Rights Reserved