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01-Feb-2022

Endoscope Tracking Solutions Market Trend 2021, Growth, Leading Companies with Impact of Covid-19, Business Scenario, Emerging Dynamics, Industry Share and Revenue Forecast by 2031

According to the recent research by Future Market Insights, the endoscope tracking solutions market is set to witness a 9.0% growth during the forecast period from 2021 to 2031.

The growth will be experienced due to the rising endoscopic procedures in the world. Therefore, there will be significant growth seen in the endoscope tracking solutions market.

What is driving the Demand for Endoscope Tracking Solutions Market?

Endoscope tracking solutions is a reprocessing management tool that tracks and documents the workflow and status of the endoscope. Many factors are driving the demand for endoscope tracking solutions such as rising endoscopic procedures in the developed and developing countries, growing geriatric population and increasing emphasis on improving reprocessing guidelines by healthcare facilities.

The cases of infections caused due to the use of endoscopes have been considerably increasing which results in endoscope-associated infections. These infections can occur due to improper sterilization, are compelling healthcare workers to undertake several initiatives to reduce the risk of infections for patients. Thus, plays a vital role in driving the endoscopic tracking solutions market during the forecast period from 2021 to 2031.

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Rising Prevalence of Digestive System’s Cancer Likely to Propel the Growth of Endoscope Tracking Solutions Market

An endoscopy collects tissue samples (biopsy) for testing the diseases and conditions such as bleeding, inflammation or cancers of the digestive system.

According to PubMed, stomach cancer is the 3rd most deadly cancer in the world. According to GLOBOCAN 2020, 4.8 million new cases of gastrointestinal cancer was recorded in the world.

Therefore, the rising cases of cancer are expected to enhance its sales during the forecast period from 2021 to 2031.

U.S. and Canada Endoscope Tracking Solutions Market Outlook

The cases of stomach cancer are rising in the U.S. According to the American Cancer Society’s study, there will be approximately 26,560 new cases of stomach cancer in the U.S. in 2021. Also, the risk of cancer increases with the increasing older age population at any place.

Also, the advancement in technology plays an important role in increasing the sale and demand of endoscope tracking solutions worldwide.

Therefore, the demand for endoscope tracking solutions will increase during the forecast period from 2021 to 2031.

Europe Demand Outlook for Endoscope Tracking Solutions

Smoking is a major cause of cancer. Poisons that are found in cigarette smoke can weaken the immune system of the body, thus making it harder to kill cancer cells. According to WHO, 27% of cancer cases in Europe are due to tobacco use in 2018.  Thus, endoscope tracking solutions sales will also increase in the region during the forecast period from 2021 to 2031.

Who are the Key Manufacturers and Suppliers of Endoscope Tracking Solutions?

The key players of endoscope tracking solutions include

  • Cantel Medical
  • Olympus Corporation
  • CONMED Corporation
  • Micro-Scientific
  • LLC
  • Borer Chemie AG
  • ARC Healthcare Solutions
  • Custom Ultrasonics
  • Richard Wolf GmbH and others.

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Why Future Market Insights?

• Comprehensive analysis on evolving purchase pattern across different geographies
• Detailed insights of market segments and sub-segments for historical as well as forecast period
• A competitive analysis of prominent players and emerging players in the keyword market
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Last Updated: 01-Feb-2022