Frequently Asked Questions
The flexible endoscopes market also moderately suffered from the COVID-19 pandemic, which resulted in a decline of over 1.8% in revenue generated in 2020.
North America accounted for the highest share in the global flexible endoscopes market regarding value and volume.
Major factors driving the market growth are the increasing prevalence of chronic disorders and the rising awareness of disease detection through minimally invasive surgical procedures. Moreover, favorable reimbursement policies and increased FDA approvals for flexible endoscopic devices are expected to propel market growth over the forecast period.
The flexible endoscopes segment had a major share in 2021, with more than 46.5% of the market revenue. Besides, disposable endoscopes are projected to witness the fastest growth.
Hospitals had a major share in the global market in 2021 and are projected to continue their dominance over the forecast period.