4 key trends in the $2.35B GI/endoscopic devices market

An iData Research report estimates growth in almost all gastrointestinal endoscopic devices market segments through 2020, according to Medical Device and Diagnostic Industry.

Here are four trends in the GI/endoscopic devices market:

1. The approximately $2.35 billion U.S. GI/endoscopic devices market is concentrated, with one giant player, Olympus.

2. EndoGastric Solutions is the main market player in the anti-GERD segment.

3. Double-balloon endoscopes are the fastest growing product type in the market, with an expected compound annual growth rate of 10 percent.

4. Refurbished endoscopes are anticipated to make up 25 percent of the total market by 2020.

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