KARL STORZ and Olympus Medical Dominate the Global Market for Rigid Endoscopes: companiesandmarkets.com by EON

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LONDON--(EON: Enhanced Online News)--The global rigid endoscopes market was valued at $525.9m in 2010, and is forecast to reach $684.3m in 2017 at a CAGR of 4%, according to a new report on companiesandmarkets.com.





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									KARL STORZ and Olympus Medical Dominate
the Global Market for Rigid Endoscopes:
companiesandmarkets.com
    l   The global rigid endoscopy market was valued at $525.9m in 2010
    l   The US is the biggest market for rigid endoscopes at $176m in 2010
    l   KARL STORZ is the leader in the global rigid endoscopes market with a market share of 36%

June 28, 2011 05:05 AM Eastern Daylight Time 

LONDON--(EON: Enhanced Online News)--The global rigid endoscopes market was valued at $525.9m in 2010,
and is forecast to reach $684.3m in 2017 at a CAGR of 4%, according to a new report on
companiesandmarkets.com.

Rigid Endoscopes - Global Pipeline Analysis, Competitive Landscape and Market Forecasts to 2017
http://www.companiesandmarkets.com/Market-Report/rigid-endoscopes-global-pipeline-analysis,-competitive-
landscape-and-market-forecasts-to-2017-619902.asp?prk=7c4ed5b510c1ffe12b50d9829eddaba2

The endoscopy market is driven by applications such as laparoscopy and hysteroscopy since rigid endoscopes
provide greater efficacy in these areas compared to other endoscopes. Neuroendoscopy is an application that is
expected to sustain the growth of rigid endoscopes in the future. Companies continue to focus on finding potential
new applications for rigid endoscopes which can positively affect market growth in the future.

The US contribution to global rigid endoscopes market was $176m in 2010, and is forecast to reach $232.6m in
2017 at a CAGR of 4%. The US is the biggest rigid endoscopes market. The US market is driven by increasing
adoption of minimally invasive surgeries due to cost containment measures by the hospital facilities. This will
encourage the growth for rigid endoscopes in the future.

KARL STORZ is the leader in the global rigid endoscopes market with a market share of 36% followed by
Olympus Medical with a market share of 32%. Other companies such as Richard Wolf GmbH, Stryker Corporation
and B. Braun Melsungen AG also have significant presence in the market. Rigid endoscopy is expected to be
dominated by companies that focus on finding new and potential applications that can sustain the growth for the
future. Rigid endoscopy is used only for specific applications such as laparoscopy and hysteroscopy. KARL
STORZ and Olympus Medical are known for their wide portfolio of products and global presence. The top five
companies in the rigid endoscope market focus on the use of rigid endoscopes increasingly for minimally invasive
techniques that have become popular.

Report Details: http://www.companiesandmarkets.com/Market-Report/rigid-endoscopes-global-pipeline-
analysis,-competitive-landscape-and-market-forecasts-to-2017-619902.asp?
prk=7c4ed5b510c1ffe12b50d9829eddaba2

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