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European Markets for Gastrointestinal Endoscopy Devices
European markets for gastrointestinal endoscopy devices
Millennium Research Group, A Decision Resources, Inc. Company
Market Overview

In 2004, the European gastrointestinal (GI) endoscopy device market (France, Germany, Italy, and the UK) was valued at over $310 million, comprising revenue from videoscopes, biopsy devices, stents, enteral feeding devices, endoscopic retrograde cholangiopancreatography (ERCP) devices, polypectomy snares, sphincterotomes, hemostasis devices, dilation balloons, biliary stone removal devices, and biliary stone lithotripters. Moderate growth will occur in the market as medical device manufacturers focus on product innovation and motivating health care facilities to upgrade their equipment. At the same time, Europe's growing aging population will cause procedure enlargement. Health care facilities across Europe are, however, interested in containing costs where possible. This practice will hinder replacement sales ...

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