Over the next forecast years the Nasopharyngoscope market will register a 5.4% CAGR in terms of revenue, the global market size will reach USD 821.2 million by 2029.
Nasopharyngoscope Market Overview
Nasopharyngoscope is a device that consists of an eyepiece, a lens, and a light source that is inserted into the patient's nasopharynx. Nasopharyngeal endoscopy, also known as nasopharyngoscopy, is a medical diagnostic procedure used to identify and detect nasal abnormalities.
Nasopharyngoscopy is a minimally invasive treatment in which the doctor uses local anaesthetic or moderate sedation to introduce the scope. Nasopharyngoscopy is helpful because it allows a direct view of the nasal cavity, throat, and larynx, as well as the vocal cord to see if it is moving properly and to assess the respiratory tract. Nasopharyngoscopes are commonly used as diagnostic tools to look for nasal obstructions, abnormal growth, and bleeding from the nasal cavity, as well as in biopsy procedures.
Due to its application in a wide range of indications, the nasopharyngoscope market is likely to grow in terms of revenue throughout the forecast period. Chronic sinusitis is ranked number ten among all of the medical diseases that necessitate the use of a nasopharyngoscope.
According to the Centers for Disease Control and Prevention (CDC), 28.9 million adults (11.6 percent) have sinusitis, with 4.1 million visits to doctors for chronic sinusitis. In addition, significant technological advancements have been made in recent years to fuel market growth and boost market potential since its introduction in 1930. Due to its increased use in hospitals, the Hospital segment is likely to hold the largest revenue share among end users.
What is our Nasopharyngoscope Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2029 CAGR
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CAGR of 5.4% during the review period (2022 to 2029).
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By Type
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Video Nasopharyngoscopes
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Fiber Nasopharyngoscopes
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By Application
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By Companies
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Medtronic plc (Ireland), Stryker Corporation (U.S.), Richard Wolf GmbH (Germany), Cook Medical Incorporated (U.S.), Boston Scientific Corporation (U.S.), Olympus Corporation (Germany), Fujifilm Holdings Corporation (Japan).
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Regions Covered
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North America
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Europe
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Asia-Pacific
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Rest of the World
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Countries Covered
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US
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Canada
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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China
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Japan
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India
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Australia
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South Korea
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Rest of Asia-Pacific
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Middle East & Africa
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Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2029
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Number of Pages
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161
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Customization Available
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Yes, the report can be customized as per your needs
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Who are the Major Players in Nasopharyngoscope Market?
The Nasopharyngoscope Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market Medtronic plc (Ireland), Stryker Corporation (U.S.) (NYSE: SYK), Richard Wolf GmbH (Germany), Cook Medical Incorporated (U.S.), Boston Scientific Corporation (U.S.) (NYSE: BSX), Olympus Corporation (Germany), Fujifilm Holdings Corporation (Japan) and others.
Industry News:
April 2019: Neoscope 2020 has introduced a new Neoscope Video Processing Module (VPU 5) with Light Intensity Control for commercial HD video monitors, as well as a Neoscope Video Link Module (NVL) for commercial tablet and laptop PCs. Both the Model NVL and the Model VPU 5 are fully compatible with the Single-Use Digital Endoscope Family, which comprises Single-Use Rigid/Flexible Video Cystoscopes, Flexible/Semi-Rigid Ureteroscopes, and the Family of Nephroscopes for the Treatment of Urological Disorders.
What are the major Applications, Types and Regions for Nasopharyngoscope Market?
By Type, it is segmented into
- Video Nasopharyngoscopes
- Fiber Nasopharyngoscopes
By Applications it is segmented into
Nasopharyngoscope Market Regional Analysis
North America is predicted to generate the most revenue of any area. Because of the growing demand for minimally invasive procedures, Europe is expected to take the next big revenue share after North America. Asia Pacific is an emerging market, and the region's increasing health infrastructure will help it maintain its revenue share during the projection period. Due to poor health infrastructure and reimbursement policies in these regions, countries like the Middle East and Africa will have the slowest development.
The market for Nasopharyngoscope in Asia is predicted to increase rapidly over the next few years, followed by Europe. In Asia, China and India are likely to be the fastest expanding markets.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Nasopharyngoscope Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Nasopharyngoscope Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Key Insights
- Pricing Analysis, By Key Regions, 2022
- Price Comparison (USD Per Ton) By Type (Video Nasopharyngoscopes, Fiber Nasopharyngoscopes) 2021/2022
- Price Comparison (USD, Per Ton): By Application (Hospital, Clinic) 2021/2022
- Impact of COVID-19 on the Nasopharyngoscope Market
- Production Share of Nasopharyngoscope, By Region, 2022
- Key Industry Developments
- Global Nasopharyngoscope Market Analysis, Insights and Forecast, 2022-2029
- Market Analysis, Insights and Forecast – By Application
- Hospital
- Clinic
- Market Analysis, Insights and Forecast – By Type
- Video Nasopharyngoscopes
- Fiber Nasopharyngoscopes
- Market Analysis, Insights and Forecast – By Region
- North America
- Europe
- Asia Pacific
- Rest of World
- Competitive Analysis
- Global Market Share Analysis (2021)
- Company Profiles (Overview, Products, SWOT analysis, Recent developments, strategies, financials (based on availability))
- Stryker Corporation (U.S.) (NYSE: SYK)
- Overview,
- Products,
- SWOT analysis,
- Recent developments,
- strategies,
- financials (based on availability)
- Boston Scientific Corporation (U.S.) (NYSE: BSX)
- Overview,
- Products,
- SWOT analysis,
- Recent developments,
- strategies,
- financials (based on availability)
- Richard Wolf GmbH (Germany)
- Overview,
- Products,
- SWOT analysis,
- Recent developments,
- strategies,
- financials (based on availability)
- Cook Medical Incorporated (U.S.)
- Overview,
- Products,
- SWOT analysis,
- Recent developments,
- strategies,
- financials (based on availability)
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.