The endoscopy devices market share in Africa is expected to post an incremental growth of USD 292.59 million, accelerating at a CAGR of 6.22% during the forecast period. B. Braun Melsungen AG, Boston Scientific Corp., FUJIFILM Holdings Corp., HOYA Corp., Johnson and Johnson Inc., KARL STORZ SE and Co. KG, Medtronic Plc, Olympus Corp., Richard Wolf GmbH, and Stryker Corp. are among the major endoscopy devices market vendors in Africa.
The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to provide growth projections and insights. In addition, the report offers a deep understanding of the key market players and their product portfolios. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects. Unlock Free Sample Analysis Report
The endoscopy devices market in Africa is segmented by Product (endoscope, visualization system, other endoscope equipment, and accessories) and Geography (South Africa, Egypt (Arab Republic of Egypt), Nigeria, Kenya, and the Rest of Africa).
The endoscopy devices market share growth in Africa by the endoscope segment will be significant during the forecast period. South Africa led the market with 55% of the market growth set to originate from this region during the forecast period. The endoscopy devices market in South Africa is attributed to technological innovations and the growing older population.
The increasing prevalence of chronic diseases is the major endoscopy devices market trend in Africa which will positively influence the growth of the market. Technavio's research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.
Technological advancements are the primary factors driving the endoscopy device market growth in Africa. However, the lack of skilled surgeons will be a major challenge for the African endoscopy devices market during the forecast period.
The report provides a detailed study of all the factors likely to boost the market. An understanding of the key drivers will enable businesses to leverage growth opportunities to their advantage with a view to short-term and long-term business goals.
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