Download
1 / 3
30 likes | 33 Views
U.S. Endoscope Repair Market Growth Prospects, Key Vendors, and Future Scenario<br>
E N D
U.S. Endoscope Repair Market Set for Prosperity in Future © P&S Intelligence. All rights reserved Page 1
The medical device industry of the U.S. is one of the most advanced in the world, with numerous new variants of all kinds of diagnostic and therapeutic devices launched almost every year. As a result, the U.S. endoscope repair market size is projected to rise to $603.6 million in 2030 from $248.6 million in 2020, at a 9.3% CAGR between 2020 and 2030. This is will also be because endoscopes are one of the most-widely used instruments in medical diagnosis and treatment, as they offer clear pictures of the internal anatomy and have no risk of radiation overexposure. Being strongly regulated by the Food and Drug Administration (FDA), they need to be kept in the optimum working condition, which is essentially driving the U.S. endoscope repair market advance. Get the Sample Copy of this Report at @ https://www.psmarketresearch.com/market- analysis/endoscope-repair-market-us/report-sample During the COVID-19 pandemic, most hospital departments and diagnostic centers in the country were shut, except for COVID patients. This led to a drastic drop in the usage of endoscopes and the rate of operational wear and tear. Moreover, the lockdowns in the country hampered the face-to-face interactions of pharmaceutical and medical device company representatives and those of the U.S. endoscope repair market players with the medical fraternity, which resulted in a lower provision of medical device repair services. In the coming years, the fastest growth in the U.S. endoscope repair market, under segmentation by endoscope type, is likely to be seen in the esophagoscope category. This type of endoscope is widely used for diagnosing gastroesophageal reflux disease (GERD), abnormal throat, and many other diseases of the GI tract. As a result, these devices witness significant wear and tear, which creates a regular requirement for repairs and maintenance. Texas is the largest and fastest-growing state in the U.S. endoscope repair market, as medical devices and treatments are easily affordable here. This is because state government bodies, including the Texas Department of State Health Services (DSHS), Texas Department of Aging and Disability Services (DADS), Teacher Retirement System (TRS), and Employees Retirement System (ERS), account for almost 83% of the spending on healthcare here. © P&S Intelligence. All rights reserved Page 2
Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 © P&S Intelligence. All rights reserved Page 3
