Analysts predict 5% growth for GI endoscopy device market

Editor's Note

The global market for gastrointestinal (GI) endoscopy devices is expected to see a compound annual growth rate of 5.09% through 2020, the June 13 Becker’s GI & Endoscopy reports.

A large, growing patient pool is driving growth, but risks and complications tied to GI endoscopy procedures also will limit growth, analysts say.

Key players of the market include Boston Scientific, Medtronic, Ethicon, Olympus, and Karl Storz.

Absolute Report analysts expect the gastrointestinal endoscopy device market to grow significantly through 2020. Here's what you should know: 1. Analysts believe the market will grow at a 5.09 percent compound annual growth rate through 2020. 2. Boston Scientific, Ethicon, Medtronic, Karl Stroz and Olympus are the key manufacturers in the market.