LONDON, Nov. 24, 2016 /PRNewswire/ -- The endoscopic device industry is growing. The industry is dominated by players like Olympus, Medtronic, Stryker, Karl Storz etc. Market is growing due to latent demand in emerging economies. The demand of the devices is propelled by rising awareness of colon cancer and growing number of lifestyle diseases. The industry is challenged by stricter medical regulations, fluctuating exchange rates, economic crisis etc. The reports presents profile of 10 major companies, medical associations across geographic regions. Analysis tools like SWOT, Pestle and Porter five forces have been also used to provide better insight about this market. The Asian market is forecast to represents the fastest expanding region, reporting 7.91% CAGR revenue growth during the period 2016 to 2020. North America represented the largest regional market in terms of endoscopy revenue with Europe and then Japan ranked second and third largest, respectively. Asia endoscopy market is set to increase at a strong rate over the next few years as healthcare expenditure by the governments in the region are expected to increase in combination with healthcare reforms and a greater awareness from patients of minimally evasive surgery techniques. NOVONOUS estimates that Global Endoscopic Devices Market will achieve annual CAGR of 7.06% till 2020. The report covers the product wise forecasting for Endoscopic Devices which includes Rigid Endoscope, Flexible Endoscope, Endoscopy Visualization, Capsule Endoscopes and Endoscope Accessories. In further forecasting report covers application wise market performance of endoscopic devices such as ENT and Bronchoscopy, Gastrointestinal Endoscopy, Gynecology/Obstetrics, Laparoscopy, Neuroendoscopy and Urology Spanning over 135 pages and 108 exhibits, "Global Endoscopic Devices Market (By Product Type, Applications and Regions) 2016-2020" report presents an in-depth assessment of the industry from 2016 till 2020.