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The global endoscopy devices market was valued at $31. 78 million in 2019, and is projected to reach $43. 82 billion by 2027, at a CAGR of 4. 1% from 2019 to 2027.
Endoscopy is a minimally invasive medical procedure used for diagnosis, prevention, and treatment of complications in visceral organs. Endoscopic devices are either inserted into the body through natural openings or cavities (such as anus and mouth) or through incisions, especially in case of arthroscopy. Endoscopy devices are equipped with several other parts such as camera or light source at the tip to help physicians or medical professionals (endoscopists) to analyze internal organs of interest.