The global medical videoscope market was valued at $13.6 Billion in 2014 and is expected to reach $19.0 Billion by 2019, growing at a CAGR of 7.0% from 2014 to 2019.

Medical videoscope have huge demand across the globe owing to their wide application areas as well as their flexibility in terms of specification of instruments, which fits in with the various requirements of different procedures. The market has seen an extraordinary amount of technological advancements and breakthroughs in the last few years, as companies have focused on developing products capable of reducing pain, curtailing the number of sick days, and reducing the overall cost of treatment.

This report categorizes the global medical videoscope market into two segments, namely, videoscopes, and visualization systems.

The visualization systems market commanded the largest share of 65% of the global medical videoscope market in 2014. The market for videoscopes is segmented into rigid videoscopes, and flexible videoscopes. The flexible videoscopes market accounted for the largest share of the videoscopes market in 2014.

The market for visualization systems is segmented into endoscopic cameras, video recorders, video processors, video convertors, camera heads, light sources, wireless displays and monitors, transmitters and receivers, and other visualization devices. During the forecast period, the market for endoscopic cameras segment is expected to growth at a fast rate.

The major players in the global medical videoscope market include Olympus Corporation (Japan), Stryker Corporation (U.S.), KARL STORZ GmbH & Co. KG (Germany), Fujifilm Holding Corporation (Japan), Hoya Corporation (Pentax Medical System) (Japan), Richard Wolf GmbH (Germany), Smith and Nephew, Plc (U.K.), ConMed Corporation (U.S.), Welch Allyn, Inc. (U.S.), and XION GmbH (Germany).