Endoscopy Devices Market to grow with a CAGR of 6.32% through 2030
Increasing advancement in technology is the factors driving the Global Endoscopy Devices market growth in the forecast period, 2026-2030.
According to TechSci Research report, “Endoscopy
Devices Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, Global Endoscopy Devices Market stood at USD 31.37 Billion in 2024 and is anticipated to project robust growth in the forecast
period with a CAGR of 6.32% through 2030. The market for Endoscopy Devices has
witnessed consistent growth over the past decade, proliferation in the
prevalence of age-related problems together with an increase in demand for
endoscopy devices in therapeutic & diagnostic procedures and Geriatric
population is the most common group prone to medical problems that require endoscopic
procedures such as gall stones, intestinal perforation, endometriosis, pelvic
abscess, and liver abscess. Increasing chronic diseases, the need for minimally
invasive procedures, and technological advancement contribute to the increase
in the adaptation of endoscopy devices.
Also, increasing demand for advanced and economical
procedures encourages newer technologies, and development in endoscopy devices
will further drive the growth of Global Endoscopy devices market during the
forecast period. Similarly, evolution and innovation in medical technology are
becoming the need of the day so, new diseases and disorders are forcing the
need for newer techniques for both diagnosis and treatment which will further
drive the growth of Global Endoscopy Device market during the forecast period.
The high demand for technologically advanced endoscopic products for the
diagnosis and treatment of several chronic disorders makes the completion
intense among the existing players and will further propel the growth of Global
Endoscopy Device Market during the forecast period. Similarly, the top market
players also adopting business strategies such as new product launches,
collaboration, mergers, and acquisitions to increase their product portfolio
and market share in the area of endoscopic devices are the major factor
influencing the growth of Global Endoscopy Devices Market over the years.
Similarly, sudden product withdrawal in the market creates a nick in consumer trust which will decline the sales and hinder the growth of Global Endoscopy device market during the forecast period. Also, the lack of skilled technicians is the major factor that will restrict the growth of Global Endoscopy Devices Market over the years. Additionally, the high cost of endoscopy devices can hinder the growth of Global Endoscopy devices market during the forecast period.
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Global Endoscopy Devices Market is segmented into product, application, end use, regional distribution, and company.
Based on Product, Endoscopy Visualization Systems are expected to grow at the fastest rate due to the increasing demand for high-definition imaging and real-time diagnostics during endoscopic procedures. These systems enhance visibility and accuracy, enabling early detection and precise treatment of conditions such as gastrointestinal cancers, ulcers, and polyps. Technological advancements like 4K resolution, narrow-band imaging, and 3D visualization are further boosting adoption. Moreover, as healthcare providers prioritize patient safety and procedural efficiency, the integration of advanced visualization tools becomes essential, driving strong growth in this product segment across both developed and emerging markets.
Based on region, Asia Pacific is growing exponentially in the global endoscopy devices market due to rapid improvements in healthcare infrastructure, rising awareness of minimally invasive procedures, and a growing patient population with chronic and age-related diseases. Governments in countries like China, India, and Japan are increasing investments in healthcare technology and diagnostics. Additionally, the expansion of private hospitals and medical tourism is fueling the demand for advanced endoscopic equipment, positioning Asia Pacific as a major hub for future market growth.
Major companies
operating in Global Endoscopy Devices Market are:
- Olympus Corporation
- Ethicon Endo-Surgery, LLC
- Stryker Corporation
- Fujifilm Holdings Corporation
- Boston Scientific Corporation
- Karl Storz GmbH & Co. KG
- Smith & Nephew Inc.
- Richard Wolf GmbH
- Medtronic Plc
- PENTAX Medical
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“The North America region was expected to dominate the
growth of Global Endoscopy Devices market due to the increase in preference for
minimally invasive surgeries, rise in the prevalence of diseases such as colon
& bladder cancers, and increase in geriatric population. Additionally,
rising adoption of robot-assisted endoscopes used for surgical and diagnostic
procedures and driving the growth of the Endoscopy Devices market.
Additionally, adoption of various inorganic growth strategies by the industry
participants such as merger & acquisition, regional expansion, new product
launch & approval are anticipated to contribute to the growth of the
Endoscopy Devices market. The increasing government initiatives to modernize
healthcare facilities and constantly develop a start-up landscape is expected
to further boost the global Endoscopy Devices market.” said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based management consulting
firm.
“Endoscopy Devices Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product (Endoscopes, Endoscopy Visualization Systems, Endoscopy Visualization Components, Operative Devices), By Application (Gastrointestinal (Gi) Endoscopy, Laparoscopy, Obstetrics/Gynecology Endoscopy, Arthroscopy, Urology Endoscopy, Bronchoscopy, Mediastinoscopy, Otoscopy, Laryngoscopy, Others), By End-use (Hospitals, Ambulatory Surgery Centers, Others), By Region and Competition, 2020-2030F”, has evaluated the future growth potential of Global
Endoscopy Devices Market and provides statistics & information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in Global Endoscopy
Devices Market.
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