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MRG reports 6.5% annual growth in the US and European endoscope market through 2015

July 28, 2017

"We're seeing a lot of technological innovation in this market, which keeps selling prices high and strengthens demand, as facilities upgrade obsolete equipment," said MRG Analyst Daniel Brown. "For example, Olive Medical is developing a low-cost three-chip HD camera for use on a disposable single-use scope. According to the company, this system can produce 1080p native images equivalent to leading three-chip systems, but will only cost approximately $300 per use and does not require sterilization."

Millennium Research Group's US and European Markets for Endoscopes 2011 report includes procedure, unit, average selling price and revenue information, along with market drivers and limiters and competitive landscape for gastrointestinal (GI) endoscopes, endoscopic cameras, urological endoscopes, gynecological endoscopes, ear, nose, and throat (ENT) endoscopes, laparoscopes, arthroscopes and bronchoscopes in the United States, France, Germany, Italy, Spain and the United Kingdom.

Source Millennium Research Group