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Mexico Endoscopy Market share to amass significant gains by 2024

Author : Ronak Bora | Published Date : 2021-01-11 

The research report on Mexico endoscopy market provides an in-depth analysis of this industry with pivotal details subject to its overall position in the global landscape and its applications across various end-user sectors.

As per the report, Mexico endoscopy market size is projected to grow exponentially over the coming years and is likely to reach USD 770 million by the end of 2024, growing at an expected CAGR of 6% over 2020-2024. In addition to this, the study also encompasses crucial information on the current market scenario, evolving technologies, widespread competitive landscape, growth prospects, industry tactics, and vivid market segmentations.

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Moreover, the report also offers insight to various factors that would potentially drive the growth graph of the industry over the foreseeable time period, along with delivering minute details on the ongoing trends that the Mexico endoscopy industry is characterized by. The Mexico endoscopy market, as per given report, is fragmented on basis of Arthroscopy, Laparoscopy regions, and competitive landscape.

Endoscopes segment held more than 35% revenue share in 2017 and will witness lucrative CAGR by 2024. This significant growth can be attributed to increasing technological developments that enhance the precession of endoscopic equipment. Availability of higher precision endoscopic equipment to improve performance of surgical procedures will stimulate the business growth.  Moreover, increasing number of gastrointestinal diseases that are more frequent in pediatric as well as the geriatric population will boost industry growth during the forthcoming years.

The overall Mexico endoscopy industry is diversified into various regions and economies including Mexico and its complete analysis has been enclosed in the report as well. It lays focus on various factors supporting the growth of regional markets in tandem with trending growth opportunities existing in every region, their individual growth rates, technologies being used, stringent regulatory reforms, and much more.

Gastrointestinal endoscopy application segment accounted for substantial revenue in 2017 and will show robust CAGR of 6.1% over the analysis timeframe. Burden of gastrointestinal diseases in Mexico have escalated the demand for upper as well as lower GI endoscopy procedures. Increasing geriatric population prone to gastrointestinal diseases will help in sustaining business growth. Availability of improvised endoscopy devices and equipment will surge the demand for endoscopic procedures and thus, spur business revenue in the foreseeable future. 

Taking into account the competitive landscape, Mexico endoscopy industry is highly consolidated and boasts of presence of companies like B. Braun Melsungen, Ethicon, Boston Scientific Corporation, Fujifilm Corporation, CONMED Corporation, Medtronic, Karl Storz, Smith & Nephew, Stryke. The report includes details on sales spectrum of each of these firms, their strategies to sustain their position in the market, individual company profiles and market share, and position in the overall ecosystem.

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[TOC Chapters]

Chapter 4.Mexico Endoscopy Market, By Product

  1. Key trends in Mexico endoscopy market, by product
  2. Market estimates and forecast, by product, 2013-2024 (USD Million)
    1. Endoscopes
      1. Market estimates and forecast, 2013-2024 (USD Million)

Chapter 5.Mexico Endoscopy Market, By Usability

  1. Key trends in Mexico endoscopy market, by usability
  2. Market estimates and forecast, by usability, 2013-2024 (USD Million)

Chapter 6.Mexico Endoscopy Market, By Application

  1. Key trends in Mexico endoscopy market, by application
  2. Market estimates and forecast, by application, 2013 – 2024 (USD Million)
  3. Market estimates and forecast, by application, 2013 – 2024 (Procedural volume)


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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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