Gastrointestinal Endoscopy Devices Market Size, Share, Trends, Growth Outlook

Gastrointestinal Endoscopy Devices Market is estimated to increase at a growth rate of 7.6% CAGR over the forecast period from 2024 to 2030.

The Gastrointestinal Endoscopy Devices Market study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments including By Product (Hemostasis devices, Capsule endoscopes, GI videoscopes, Biopsy devices, Endoscopic retrograde cholangiopancreatography devices (ERCP), Others), By End-User (Hospitals, Diagnostic Centers, Others).

An Introduction to Gastrointestinal Endoscopy Devices Market in 2024

The Gastrointestinal Endoscopic Devices market in 2024 addresses the demand for medical devices and instruments used in diagnostic and therapeutic endoscopic procedures for visualizing and treating gastrointestinal (GI) disorders such as colorectal cancer, inflammatory bowel disease (IBD), and gastrointestinal bleeding. Gastrointestinal endoscopic devices include gastroscopes, colonoscopes, enteroscopes, endoscopic ultrasound (EUS) probes, capsule endoscopes, and accessories such as biopsy forceps, snares, and hemostatic clips, enabling minimally invasive interventions such as tissue sampling, polypectomy, and stent placement. Market dynamics are driven by factors such as the increasing incidence of GI diseases and cancers, advancements in endoscope design and imaging technology, and the demand for early detection and precise treatment of gastrointestinal conditions. Collaboration between medical device manufacturers, gastroenterologists, and interventional radiologists drives innovation and market growth in gastrointestinal endoscopic devices, supporting improved diagnostic accuracy, therapeutic efficacy, and patient outcomes in gastrointestinal endoscopy.

Gastrointestinal Endoscopy Devices Market Trend: Advancements in Minimally Invasive Endoscopic Procedures

A prominent trend in the gastrointestinal endoscopic devices market is the continuous advancements in minimally invasive endoscopic procedures. Endoscopic techniques have evolved significantly over the years, enabling healthcare providers to diagnose and treat gastrointestinal conditions with greater precision, safety, and efficiency. Innovations such as capsule endoscopy, virtual colonoscopy, and advanced imaging technologies like confocal laser endomicroscopy are revolutionizing the field, allowing for earlier detection of lesions, improved tissue visualization, and targeted therapeutic interventions. This trend is driven by the growing preference for minimally invasive procedures among patients and healthcare providers, as well as the demand for technologies that enhance diagnostic accuracy and therapeutic outcomes while minimizing patient discomfort and recovery time.

Gastrointestinal Endoscopy Devices Market Driver: Rising Incidence of Gastrointestinal Diseases and Cancer

A key driver in the gastrointestinal endoscopic devices market is the rising incidence of gastrointestinal diseases and cancer. Gastrointestinal disorders such as colorectal cancer, inflammatory bowel disease, gastroesophageal reflux disease (GERD), and peptic ulcers pose significant health burdens globally, driving the demand for diagnostic and therapeutic endoscopic procedures. Additionally, advancements in cancer screening programs and the growing adoption of colonoscopy as a primary screening modality for colorectal cancer are fueling market growth, as endoscopic devices play a critical role in early detection, surveillance, and treatment of gastrointestinal malignancies. The increasing prevalence of risk factors such as aging population, obesity, and unhealthy lifestyle habits further contributes to the demand for gastrointestinal endoscopic devices as essential tools for disease management and prevention.

Gastrointestinal Endoscopy Devices Market Opportunity: Expansion into Ambulatory Surgical Centers and Outpatient Settings

An opportunity for growth in the gastrointestinal endoscopic devices market lies in the expansion into ambulatory surgical centers (ASCs) and outpatient settings. ASCs have emerged as popular alternatives to traditional hospital-based care, offering cost-effective, convenient, and efficient surgical services for a wide range of procedures, including gastrointestinal endoscopy. By focusing on developing endoscopic devices that are specifically designed for use in ASCs and outpatient clinics, manufacturers can capitalize on the shift towards outpatient care delivery models and cater to the growing demand for minimally invasive procedures performed outside of hospital settings. This approach not only expands market reach but also aligns with healthcare trends towards value-based care, patient-centered services, and improved access to preventive and diagnostic healthcare services for gastrointestinal conditions.

Gastrointestinal Endoscopy Devices Market Segmentation

By Product
Hemostasis devices
Capsule endoscopes
GI videoscopes
Biopsy devices
Endoscopic retrograde cholangiopancreatography devices (ERCP)
Others
By End-User
Hospitals
Diagnostic Centers
Others
Geographical Analysis
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

 

Gastrointestinal Endoscopy Devices Market Companies

Abbott
Boston Scientific Corp
Cardinal Health
Conmed Corp
Cook
Fujinon Ltd
Johnson & Johnson Ltd
Medtronic
Pentax
Steris
Stryker Corp

 

 

Reasons to Buy the Gastrointestinal Endoscopy Devices Market Study

• Deepen your industry insights and navigate uncertainties for strategy formulation, CAPEX, and Operational decisions
• Gain access to detailed insights on the Gastrointestinal Endoscopy Devices Market, encompassing current market size, growth trends, and forecasts till 2030.
• Access detailed competitor analysis, enabling competitive advantage through a thorough understanding of market players, strategies, and potential differentiation opportunities
• Stay ahead of the curve with insights on technological advancements, innovations, and upcoming trends
• Identify lucrative investment avenues and expansion opportunities within the Gastrointestinal Endoscopy Devices Market industry, guided by robust, data-backed analysis.
• Understand regional and global markets through country-wise analysis, regional market potential, regulatory nuances, and dynamics
• Execute strategies with confidence and speed through information, analytics, and insights on the industry value chain
• Corporate leaders, strategists, financial experts, shareholders, asset managers, and governmental representatives can make long-term planning scenarios and build an integrated and timely understanding of market dynamics
• Benefit from tailored solutions and expert consultation based on report insights, providing personalized strategies aligned with specific business needs.

 

TABLE OF CONTENTS

1 Introduction to 2024 Gastrointestinal Endoscopy Devices Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global Gastrointestinal Endoscopy Devices Market Size Outlook, $ Million, 2021 to 2030
3.2 Gastrointestinal Endoscopy Devices Market Outlook by Type, $ Million, 2021 to 2030
3.3 Gastrointestinal Endoscopy Devices Market Outlook by Product, $ Million, 2021 to 2030
3.4 Gastrointestinal Endoscopy Devices Market Outlook by Application, $ Million, 2021 to 2030
3.5 Gastrointestinal Endoscopy Devices Market Outlook by Key Countries, $ Million, 2021 to 2030

4 Market Dynamics
4.1 Key Driving Forces of Gastrointestinal Endoscopy Devices Market Industry
4.2 Key Market Trends in Gastrointestinal Endoscopy Devices Market Industry
4.3 Potential Opportunities in Gastrointestinal Endoscopy Devices Market Industry
4.4 Key Challenges in Gastrointestinal Endoscopy Devices Market Industry

5 Market Factor Analysis
5.1 Competitive Landscape
5.1.1 Global Gastrointestinal Endoscopy Devices Market Share by Company (%), 2023
5.1.2 Product Offerings by Company
5.2 Porter’s Five Forces Analysis

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global Gastrointestinal Endoscopy Devices Market Outlook By Segments
7.1 Gastrointestinal Endoscopy Devices Market Outlook by Segments
By Product
Hemostasis devices
Capsule endoscopes
GI videoscopes
Biopsy devices
Endoscopic retrograde cholangiopancreatography devices (ERCP)
Others
By End-User
Hospitals
Diagnostic Centers
Others

8 North America Gastrointestinal Endoscopy Devices Market Analysis And Outlook To 2030
8.1 Introduction to North America Gastrointestinal Endoscopy Devices Markets in 2024
8.2 North America Gastrointestinal Endoscopy Devices Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Gastrointestinal Endoscopy Devices Market size Outlook by Segments, 2021-2030
By Product
Hemostasis devices
Capsule endoscopes
GI videoscopes
Biopsy devices
Endoscopic retrograde cholangiopancreatography devices (ERCP)
Others
By End-User
Hospitals
Diagnostic Centers
Others

9 Europe Gastrointestinal Endoscopy Devices Market Analysis And Outlook To 2030
9.1 Introduction to Europe Gastrointestinal Endoscopy Devices Markets in 2024
9.2 Europe Gastrointestinal Endoscopy Devices Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Gastrointestinal Endoscopy Devices Market Size Outlook By Segments, 2021-2030
By Product
Hemostasis devices
Capsule endoscopes
GI videoscopes
Biopsy devices
Endoscopic retrograde cholangiopancreatography devices (ERCP)
Others
By End-User
Hospitals
Diagnostic Centers
Others

10 Asia Pacific Gastrointestinal Endoscopy Devices Market Analysis And Outlook To 2030
10.1 Introduction to Asia Pacific Gastrointestinal Endoscopy Devices Markets in 2024
10.2 Asia Pacific Gastrointestinal Endoscopy Devices Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Gastrointestinal Endoscopy Devices Market size Outlook by Segments, 2021-2030
By Product
Hemostasis devices
Capsule endoscopes
GI videoscopes
Biopsy devices
Endoscopic retrograde cholangiopancreatography devices (ERCP)
Others
By End-User
Hospitals
Diagnostic Centers
Others

11 South America Gastrointestinal Endoscopy Devices Market Analysis And Outlook To 2030
11.1 Introduction to South America Gastrointestinal Endoscopy Devices Markets in 2024
11.2 South America Gastrointestinal Endoscopy Devices Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Gastrointestinal Endoscopy Devices Market size Outlook by Segments, 2021-2030
By Product
Hemostasis devices
Capsule endoscopes
GI videoscopes
Biopsy devices
Endoscopic retrograde cholangiopancreatography devices (ERCP)
Others
By End-User
Hospitals
Diagnostic Centers
Others

12 Middle East And Africa Gastrointestinal Endoscopy Devices Market Analysis And Outlook To 2030
12.1 Introduction to Middle East and Africa Gastrointestinal Endoscopy Devices Markets in 2024
12.2 Middle East and Africa Gastrointestinal Endoscopy Devices Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Gastrointestinal Endoscopy Devices Market size Outlook by Segments, 2021-2030
By Product
Hemostasis devices
Capsule endoscopes
GI videoscopes
Biopsy devices
Endoscopic retrograde cholangiopancreatography devices (ERCP)
Others
By End-User
Hospitals
Diagnostic Centers
Others

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
Abbott
Boston Scientific Corp
Cardinal Health
Conmed Corp
Cook
Fujinon Ltd
Johnson & Johnson Ltd
Medtronic
Pentax
Steris
Stryker Corp

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

By Product
Endoscopes
Camera Heads
Visualization Systems
Biopsy Devices
Capsule Endoscopes
Transmitters and Receivers
Robot-Assisted Endoscopes

By Application
Laparoscopy
Obstetrics/Gynecology Endoscopy
Arthroscopy
Urology Endoscopy
Bronchoscopy
ENT Endoscopy
Mediastinoscopy

By End User
Hospitals and Clinics
Ambulatory Surgery Centers
Others