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Global Endoscopy Devices Market Size to grow USD 81.8

#Global #Endoscopy #Devices #Market #Size #grow #USD

New York, United States , Oct. 31, 2022 (GLOBE NEWSWIRE) — According to a research report published by Spherical Insights & Consulting, the Global Endoscopy Devices Market Size to grow from USD 42.7 billion in 2021 to USD 81.8 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 7.5% during the forecast period. Endoscopic equipment is less invasive, and post- and pre-procedure costs are low. These are the main reasons why the market is expected to grow during the forecast period. Over time, the market is also expected to grow faster as the trend moves toward using disposable endoscopic parts to lower the cost of the operation and the risk of cross-contamination. This is likely to be a major factor in the market’s growth.

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The COVID-19 pandemic has made an adverse impact on credit portfolios. There has been an unprecedented rise in unemployment and disruption in economic activity, putting a strain on the solvency of customers and companies. Central banks have taken a proactive approach by injecting liquidity into the market by lowering interest rates and asset purchase programs. Managing and monitoring credit, market, liquidity, and operational risk across financial markets were hard enough with ongoing geopolitical tensions, international trade wars, and the occasional hurricanes and earthquakes. The current pandemic situation has forced chief risk officers and their teams to recalibrate old assumptions and models used to manage and monitor risk. COVID-19’s global impact has shown that interconnectedness plays an important role in international cooperation. As a result, many governments started rushing toward identifying, evaluating, and procuring reliable solutions powered by AI.

The endoscopes segment to account for the largest market size during the forecast period

Based on the type of device, the endoscopy devices market is categorized into Endoscopes,…

Read on GNW: Global Endoscopy Devices Market Size to grow USD 81.8

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