The Saudi Arabia endoscopy devices market is seen increasing due to the increasing patient preference for minimally-invasive procedures, high incidences of chronic diseases, increased awareness, and technological advancements.
Improved quality of care is triggering the market growth for endoscopy devices in Saudi Arabia. According to Taif Health Affairs, the Endoscopy Department of King Faisal Medical Complex has been enhanced with new cutting-edge endoscopic medical devices. Since 2017, the Department has performed 3,454 endoscopic procedures, including diagnostic and therapeutic upper & lower gastrointestinal (GI) endoscopies. Endoscopes has thus revolutionized the treatment and prevention of certain diseases, but it is also imposing the risk of infection that are associated with usage of endoscopes and is thus negatively impacting the growth of the market in Saudi Arabia.
Key Market Trends
Endoscopic Cameras Segment Dominates the Saudi Arabia Endoscopy Devices Market
The Endoscopic cameras are miniature devices located at the brim of the endoscope tube, with usually, a lighting source that assists in the visualization during endoscopic procedures. Since endoscopic cameras are miniature devices intended for viewing internal organs, their sensors are of utmost importance, as the sensor type for camera determines the quality of images/visualization produced.
The current generation of endoscopic cameras are either equipped with CMOS (Complementary Metal Oxide Semiconductor) sensors or CCD (Charge-Coupled Device) sensors. Therefore with the growing incidence of chronic diseases and the need for advanced diagnostics is expected to propel the growth of Saudi Arabia endoscopy devices market.
Saudi Arabia Endoscopy Devices market has rapidly evolved over the last few years. Owing to the rapid evolution of the market in the use of endoscopes, medical device companies that are able to launch new innovative equipment will be rewarded with huge benefits. Major players in Saudi Arabia Endoscopy Devices market are KARL STORZ, PENTAX Medical, Apollo Endosurgery, Inc, Fujifilm Holdings Corporation, Stryker, CONMED Corporation, Olympus e.t.c amongst others.
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