Global endoscopy devices market to reach $36.9B by 2019: 5 trends

The global endoscopy devices market is expected to see significant growth in the coming years, according to a Transparency Market Research report.

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Here are five trends:

1. The market was worth $24.9 billion in 2012, and it is expected to rise to $36.9 billion by 2019.

2. The market is expected to grow at a CAGR of 6.8 percent between 2013 and 2019.

3. The North America endoscopy devices market was the largest in the world in 2012.

4. In the next few years, the market will face disruption from rapid advancements in robot assisted endoscopy and capsule endoscopy.

5. Given Imaging, a company that is now a part of Covidien, holds 85 percent of the worldwide market for capsule endoscopy.

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