The global market for endoscopy systems is estimated to reach a value of $5.8 billion by 2018, according to a report from Global Industry Analysts.
The report attributes the growth over the next five years to an aging population, increasing prevalence of chronic diseases and widespread acceptance of minimally invasive surgeries.
Technologies contributing to the market are narrow band imaging, confocal microendoscopy and high definition cameras.
More Articles on Gastroenterology:
FDA Issues Rules for Gluten-Free Labeling
Takeda Seeks Biologics License for IBD Treatment
Sandler-Kenner Foundation Gives $500k Donation to Mayo Clinic for Pancreatic Cancer Research