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Technology disrupting APAC endoscopy market

Over the years, endoscopy has altered the viewpoint of recognising diseases and how
surgeries were performed earlier. In particular, endoscopy for biopsies and endoscopic
ultrasound are among the procedures preferred for cancer diagnosis today. Although
North America holds the largest share of the global endoscopy devices market, the
Asia-Pacific (APAC) region is expected to exhibit the highest compound annual growth
rate (CAGR) in the coming years, owing to growth in geriatric population, increase in
prevalence of chronic diseases, and improvement in healthcare facilities. With numerous
developments and announcements taking place in the endoscopy space, there are tons of opportunities in store for the industry, both old and new players, in the APAC region.

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Published by MMA Media, 2021-08-02 08:03:00

BioSpectrum Asia August 2021

Technology disrupting APAC endoscopy market

Over the years, endoscopy has altered the viewpoint of recognising diseases and how
surgeries were performed earlier. In particular, endoscopy for biopsies and endoscopic
ultrasound are among the procedures preferred for cancer diagnosis today. Although
North America holds the largest share of the global endoscopy devices market, the
Asia-Pacific (APAC) region is expected to exhibit the highest compound annual growth
rate (CAGR) in the coming years, owing to growth in geriatric population, increase in
prevalence of chronic diseases, and improvement in healthcare facilities. With numerous
developments and announcements taking place in the endoscopy space, there are tons of opportunities in store for the industry, both old and new players, in the APAC region.

Keywords: Pharma

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