Global endoscopy market to reach $9.7B by 2021: 5 key trends

The global endoscopy market is expected to rise in value over the next few years, according to GlobalData.

Here are five key trends:

1. The market is estimated to reach a value of $9.7 billion by 2021.

2. In 2014, the market was valued at $5.7 billion.

3. The market is expected to grow at a compound annual growth rate of 6.9 percent.

4. The market will be driven primarily by an increasing adoption of endoscopic surgeries and screening programs as well as a rising patient population.

5. The United States had the leading share of the endoscopy market with 45.8 percent in 2014, and this forecasted to increase to 48.8 percent by 2021.

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