The global endoscopy market is expected to rise in value over the next few years, according to GlobalData.
Here are five key trends:
1. The market is estimated to reach a value of $9.7 billion by 2021.
2. In 2014, the market was valued at $5.7 billion.
3. The market is expected to grow at a compound annual growth rate of 6.9 percent.
4. The market will be driven primarily by an increasing adoption of endoscopic surgeries and screening programs as well as a rising patient population.
5. The United States had the leading share of the endoscopy market with 45.8 percent in 2014, and this forecasted to increase to 48.8 percent by 2021.