Pediatric Endoscopy Devices and Equipment Industry - Regional Synopsis
Asia Pacific industry is expected to hold largest revenue share by 2037, owing to high birth rate, and increase in awareness about technological advancements. Furthermore, the market in North America is evaluated to occupy the largest share in terms of revenue during the forecast period, owing to the growing preference for minimally invasive surgeries in the region. Along with this, North America also leads in terms of healthcare infrastructure, which is expected to contribute to the market growth in the region. Alternatively, the market in Europe is also anticipated to occupy a significant share in the pediatric endoscopy devices and equipment market on account of its growing preference for technologically innovative endoscopes and preference for minimally invasive surgeries. According to National Center for Biotechnology Information, the incidence of pediatric disorders such as inflammatory bowel disease, coeliac disease, eosinophilic oesophagitis is continuously increasing in European countries which consequently needs pediatric endoscopy for diagnosis and treatment.