The global Endoscopy Devices Market size was valued at USD 41.8 billion in 2023, and the market is projected to reach USD 72.1 billion by the end of 2030, with growth at a CAGR of 8.1% during the forecast report 2023-2030.
The endoscopy devices market is a rapidly growing industry, driven by the increasing demand for minimally invasive procedures and the rising prevalence of gastrointestinal (GI) disorders, such as colon cancer and inflammatory bowel disease. Endoscopy devices are medical instruments used for the diagnosis, treatment, and monitoring of various diseases and conditions within the body.
The product type segment includes endoscopes, visualization systems, other endoscopy equipment, and accessories. Endoscopes, which are further categorized into flexible, rigid, and capsule endoscopes, dominate the market due to their wide application in diagnostic and therapeutic procedures.
The market is divided into GI endoscopy, laparoscopy, arthroscopy, urology endoscopy, gynecology endoscopy, bronchoscopy, and other applications based on the purpose for which they are used. Due to the high incidence of GI illnesses and the rising demand for colonoscopy operations, GI endoscopy commands the biggest market share.
Hospitals, ambulatory surgical centers, and specialty clinics are among the end-users of endoscopic equipment. Hospitals have the biggest market share since they have access to a variety of endoscopic treatments and cutting-edge medical infrastructure.
Geographically, the market for endoscopic devices is dominated by North America, followed by Europe and Asia Pacific. Due to rising awareness of the advantages of endoscopic treatments and the region's favorable economic climate, the market in the Asia Pacific is anticipated to expand at the quickest rate over the projected period.
Growing incidence of GI illnesses: The market for endoscopy equipment is significantly fueled by the growing incidence of gastrointestinal illnesses such as colon cancer and inflammatory bowel disease. The World Gastroenterology Organization estimates that 0.5% to 1% of people worldwide have inflammatory bowel disease.
Technological Developments: The market is expanding as a result of the creation of novel and sophisticated endoscopic equipment with enhanced visualization and diagnostic capabilities. For instance, the development of capsule endoscopes and high-definition endoscopes has greatly increased the diagnostic precision of a variety of gastrointestinal illnesses.
Growing Geriatric Population: The market for endoscopic equipment is also being driven by an ageing population. The chance of developing numerous gastrointestinal problems rises with age, increasing the need for endoscopic operations.
Increasing Demand for Minimally Invasive Procedures: The increasing demand for minimally invasive procedures, which offer reduced recovery time and improved patient outcomes, is driving the growth of the endoscopy devices market. Endoscopic procedures are less invasive than traditional surgical procedures and require smaller incisions, leading to a shorter hospital stay and reduced healthcare costs.
Reimbursement Policies: The availability of favorable reimbursement policies for endoscopic procedures in developed countries is driving the growth of the market. The reimbursement policies of private and public insurance providers influence the adoption of endoscopic procedures by patients and healthcare providers.
Stringent Regulatory Framework: The stringent regulatory framework governing the approval and commercialization of endoscopy devices may act as a barrier to market growth. Manufacturers need to comply with various regulatory requirements to ensure the safety and effectiveness of their devices.Due to these dynamic factors, it is projected that the market for endoscopy equipment would keep growing as there is a growing need for effective gastrointestinal illnesses diagnosis and treatment.
As per the report, the global Endoscopy Devices Market is segmented into Type, Application, and Regions. The report covers detailed information on market size, Share, Growth, Value, Volume Analysis, Demand analysis, new market entry, competition insights, market drivers, challenges, opportunities, and Restraints. Further, company profile analysis, company revenue, Strategies, Sales, company acquisition, partnership, mergers, latest trends in the industry, regional and country-level insights, and competitive intelligence data is provided in the research report.
Further, the global market is geographically divided into major regions, and countries including North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Further, major countries focused in the global study report: United States, Canada, United Kingdom, Spain, Germany, Italy, France, Mexico, Russia, Ukraine, China, Japan, South Korea, India, Singapore, Malaysia, Australia, Qatar, Kingdom of Saudi Arabia, South Africa, Brazil, Argentina, and other countries are covered in the research study.
by Endoscopes
• Rigid
• Flexible
• Capsule
• Disposable
• Robot Assisted XX
by Endoscopy Visualization Systems
• Standard Definition (SD) Visualization Systems
• High Definition (HD) Visualization Systems
by Endoscopy Visualization Component
• Camera Heads
• Insufflators
• Light Sources
• High Definition Monitors
• Suction Pumps
• Video Processors
by Application
• Gastrointestinal (GI) endoscopy
• Laparoscopy
• Obstetrics and Gynecology
• Arthroscopy
• Urology endoscopy (cystoscopy)
• Bronchoscopy
• Mediastinoscopy
• Otoscopy
• Laryngoscopy
• Other applications
by End-Use
• Hospitals and Clinics
• Ambulatory Surgical Centers
• Other end uses
Geographical Classification Analysis:
- North America
- Latin America
- Europe
- Middle East and Africa
- Asia Pacific
• North American market to remain in control over the global market during 2022-2030. In the North American region, the United States occupied the highest share of the market in this region, and the US country is projected to follow the same trend over the forecast time 2022-2030, followed by Canada.
• Europe holds the second largest share producer in the global Disposable Medical Sensors Market during the forecast period 2022-2030. Asia Pacific region is expected to be registered as the fastest-growing market in the global market by 2030.
• Most developing countries in Asia Pacific remain the focus of leading Disposable Medical Sensors companies, with a large portion of these companies investing in new entry and business expansion strategies
• The market in the Middle East and Africa is projected to show prominent growth opportunities in the coming years from 2023-2030. Due to the rising focus from the government of the Middle East and African countries on emerging healthcare infrastructure manufacturing and distribution are mostly contributing to the global market in the MEA region.
• The Latin American Disposable Medical Sensors Market registered a substantial share of the global market in 2022, and it is projected to remain its presence in the market.
• Olympus Corporation
• Ethicon Endo-surgery, LLC.
• Fujifilm Holdings Corporation
• Stryker Corporation
• Boston Scientific Corporation
• Karl Storz GmbH & Co. KG
• Smith & Nephew Plc
• Richard Wolf GmbH
• Medtronic Plc
• PENTAX Medical
*list not exhaustive
1. Executive Summary
1.1 Introduction to Endoscopy Devices Markets
1.2 Endoscopy Devices Market Size Outlook, 2021- 2030
1.3 Growth Opportunities in Endoscopy Devices Industry
1.4 Winning Strategies for the post-pandemic future
2. Report Guide
2.1 Market Definition and Scope
2.2 Market Segmentation
2.3 Research Methodology
2.4 Forecast Methodology
2.5 List of Abbreviations
3. Growth Opportunity Analysis
3.1 Key Endoscopy Devices Market Trends
3.2 Key Endoscopy Devices Market Growth Drivers
3.3 Key Endoscopy Devices Market Growth Restraints
4 Endoscopy Devices Market Outlook – Scenario Analysis
4.1 Low Growth Case Scenario Forecasts
4.2 Reference Growth Case Scenario Forecasts
4.3 High Growth Case Scenario Forecasts
5. Endoscopy Devices Market Segmentation- Outlook by Endoscopes
5.1 Rigid Market Outlook to 2030
5.2 Flexible Market Outlook to 2030
5.3 Capsule Market Outlook to 2030
5.4 Disposable Market Outlook to 2030
5.5 Robot Assisted Endoscopy Devices Market Outlook to 2030
6. Endoscopy Devices Market Segmentation- Outlook by Endoscopy Visualization Systems
6.1 Standard Definition (SD) Visualization Systems Market Outlook to 2030
6.2 High Definition (HD) Visualization Systems Market Outlook to 2030
7. Endoscopy Devices Market Segmentation- Outlook by Endoscopy Visualization Component
7.1 Camera Heads Market Outlook to 2030
7.2 Insufflators Market Outlook to 2030
7.3 Light Sources Market Outlook to 2030
7.4 High Definition Monitors Market Outlook to 2030
7.5 Suction Pumps Market Outlook to 2030
7.6 Video Processors Market Outlook to 2030
8. Endoscopy Devices Market Segmentation- Outlook by Application
8.1 Gastrointestinal (GI) endoscopy Market Outlook to 2030
8.2 Laparoscopy Market Outlook to 2030
8.3 Obstetrics and Gynecology Market Outlook to 2030
8.4 Arthroscopy Market Outlook to 2030
8.5 Urology endoscopy (cystoscopy) Market Outlook to 2030
8.6 Bronchoscopy Market Outlook to 2030
8.7 Mediastinoscopy Market Outlook to 2030
8.8 Otoscopy Market Outlook to 2030
8.9 Laryngoscopy Market Outlook to 2030
8.10 Other applications Market Outlook to 2030
9. Endoscopy Devices Market Segmentation- Outlook by End-Use
9.1 Hospitals and Clinics Market Outlook to 2030
9.2 Ambulatory Surgical Centers Market Outlook to 2030
9.3 Other end uses Market Outlook to 2030
10. North America Endoscopy Devices Market Outlook and Opportunities to 2030
10.1 Market Snapshot, 2023
10.2 North America Endoscopy Devices Market Growth Opportunities
10.3 North America Endoscopy Devices Market Outlook by Application
10.4 North America Endoscopy Devices Market Outlook by Type
10.5 North America Endoscopy Devices Market Outlook by Country
10.6 United States Endoscopy Devices Market Outlook
10.7 Canada Endoscopy Devices Market Outlook
10.8 Mexico Endoscopy Devices Market Outlook
11. Europe Endoscopy Devices Market Outlook and Opportunities to 2030
11.1 Market Snapshot, 2023
11.2 Europe Endoscopy Devices Market Outlook by Application
11.3 Europe Endoscopy Devices Market Outlook by Type
11.4 Europe Endoscopy Devices Market Outlook by Country
11.5 Germany Endoscopy Devices Market Outlook
11.6 France Endoscopy Devices Market Outlook
11.7 United Kingdom Endoscopy Devices Market Outlook
11.8 Spain Endoscopy Devices Market Outlook
11.9 Italy Endoscopy Devices Market Outlook
11.10 Other Europe Endoscopy Devices Market Outlook
12. Asia Pacific Endoscopy Devices Market Outlook and Opportunities to 2030
12.1 Market Snapshot, 2023
12.2 Asia Pacific Endoscopy Devices Market Outlook by Application
12.3 Asia Pacific Endoscopy Devices Market Outlook by Type
12.4 Asia Pacific Endoscopy Devices Market Outlook by Country
12.5 China Endoscopy Devices Market Outlook
12.6 Japan Endoscopy Devices Market Outlook
12.7 India Endoscopy Devices Market Outlook
12.8 Other Asia Pacific Endoscopy Devices Market Outlook
13. Latin America Endoscopy Devices Market Outlook and Opportunities to 2030
13.1 Market Snapshot, 2023
13.2 Latin America Endoscopy Devices Market Outlook by Application
13.3 Latin America Endoscopy Devices Market Outlook by Type
13.4 Latin America Endoscopy Devices Market Outlook by Country
13.5 Brazil Endoscopy Devices Market Outlook
13.6 Argentina Endoscopy Devices Market Outlook
13.7 Other Latin America Endoscopy Devices Market Outlook
14. Middle East and Africa Endoscopy Devices Market Outlook and Opportunities to 2030
14.1 Market Snapshot, 2023
14.2 Middle East and AfricaEndoscopy Devices Market Outlook by Application
14.3 Middle East and AfricaEndoscopy Devices Market Outlook by Type
14.4 Middle East and AfricaEndoscopy Devices Market Outlook by Country
14.5 Saudi Arabia Endoscopy Devices Market Outlook
14.6 UAE Endoscopy Devices Market Outlook
14.7 South Africa Endoscopy Devices Market Outlook
14.8 Other Middle East and Africa Endoscopy Devices Market Outlook
15 Profiles of major Endoscopy Devices Companies
Olympus Corporation
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis
Ethicon Endo-surgery, LLC.
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis
Fujifilm Holdings Corporation
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis
Stryker Corporation
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis
Boston Scientific Corporation
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis
Karl Storz GmbH & Co. KG
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis
Smith & Nephew Plc
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis
Richard Wolf GmbH
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis
Medtronic Plc
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis
PENTAX Medical
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Analysis
16. Appendix
16.1 Publisher’s Expertise
16.2 List of Tables and Charts
16.3 List of Exhibits
16.4 Legal Disclaimer
by Endoscopes
• Rigid
• Flexible
• Capsule
• Disposable
• Robot Assisted XX
by Endoscopy Visualization Systems
• Standard Definition (SD) Visualization Systems
• High Definition (HD) Visualization Systems
by Endoscopy Visualization Component
• Camera Heads
• Insufflators
• Light Sources
• High Definition Monitors
• Suction Pumps
• Video Processors
by Application
• Gastrointestinal (GI) endoscopy
• Laparoscopy
• Obstetrics and Gynecology
• Arthroscopy
• Urology endoscopy (cystoscopy)
• Bronchoscopy
• Mediastinoscopy
• Otoscopy
• Laryngoscopy
• Other applications
by End-Use
• Hospitals and Clinics
• Ambulatory Surgical Centers
• Other end uses