Endoscopy Devices Market Size
The global endoscopy devices market size was valued at $58.75 billion in 2024 and is projected to reach $93.23 billion by 2030, growing at a CAGR of 8.0% during the forecast period.
Endoscopy Devices Market Overview
Endoscopy is a minimally invasive medical procedure employed for the diagnosis, prevention, and treatment of complications related to visceral organs. During this procedure, endoscopes, specialized devices, are utilized to examine the interior hollow organs or cavities within the body. These devices are introduced into the body through natural openings like the anus and mouth or through incisions, particularly in arthroscopy cases. Equipped with various components such as cameras or light sources at the end, endoscopy devices enable physicians, including endoscopists, to analyze internal organs of interest. Commonly used to investigate symptoms in the digestive system, endoscopy addresses issues such as nausea, vomiting, abdominal pain, difficulty swallowing, and gastrointestinal bleeding.
Endoscopy Devices Market Dynamics
• The endoscopy devices market is expected to witness significant growth in the future due to the growing preference for minimally invasive procedures, pre-procedure cost of endoscopy devices, affordable post and ongoing advancements in endoscopic technologies.
• Additionally, surging requirement for endoscopy to diagnose and treat target diseases and the increasing prevalence of gastrointestinal diseases are the prominent factors driving the growth of the market.
• However, high risk of viral infections during endoscopic procedures and lack of skilled professionals restraining the market growth.
• On the contrary, thriving healthcare sector in developing economies, technological advancements in endoscopic devices, and the development of disposable endoscopes are creating opportunities for market growth.
By Product, Endoscopes Segment is anticipated to Exhibit Significant Growth Rate in the Endoscopy Devices Market
The endoscopes segment is expected to grow at a high growth rate in the endoscopy devices market during the forecast period owing to increasing awareness and adoption of endoscopes in various diagnostic and therapeutic procedures. Endoscopes play a pivotal role in diagnosing complex medical conditions such as cancer, gastrointestinal disorders, urinary disorders, and lung disorders. The surge in endoscopic procedures, coupled with the widespread adoption of endoscopes for surgeries and biopsies, contributes significantly to this growth trajectory.
By Geography, North America Constitutes Immense Share with Endoscopy Devices Market
The North America region holds a prominent share of the endoscopy devices market due to the escalating prevalence of chronic diseases like cancer, diabetes, and cardiovascular disorders, coupled with an increasing incidence of functional gastrointestinal disorders. The rising population of elderly individuals, who are more susceptible to chronic ailments, further fuels the demand for endoscopic procedures in this region. Additionally, a growing emphasis on early disease diagnosis through minimally invasive techniques and enhancements in healthcare infrastructure significantly contribute to the robust market growth observed in North America.
Key Target Audience:
• Manufacturers and Suppliers
• Healthcare Providers and Facilities
• Healthcare Professionals
• Healthcare Technology Companies
List of the Key Players Profiled in the Report Includes:
• Olympus Corporation
• FUJIFILM Holdings Corporation
• Karl Storz GmbH & Co. KG
• Pentax Medical
• Johnson & Johnson
• Medtronic Plc
• Boston Scientific Corporation
• Hoya Corporation
• Medrobotics Corporation
• Richard Wolf GmbH
• Smith & Nephew Plc
• Stryker Corporation
Recent Developments:
• In December 2023, Medtronic plc has announced a definitive agreement to enhance its partnership with Cosmo Intelligent Medical Devices, a subsidiary of Cosmo Pharmaceuticals. This AI-driven collaboration will build upon the successes achieved with the GI Genius™ intelligent endoscopy module, providing ongoing innovation and scalable healthcare advancements for patients and caregivers worldwide. Through this exclusive global partnership, Medtronic and Cosmo Pharmaceuticals reaffirm their dedication to revolutionizing endoscopy by leveraging AI to enhance patient outcomes.
Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:
Market by, Product:
• Endoscopes
• Endoscopy Visualization Systems
• Operative Devices
Market by, Application:
• Gastrointestinal (GI) Endoscopy
• Laparoscopy
• Obstetrics/Gynaecology Endoscopy
• Arthroscopy
• Urology Endoscopy (Cystoscopy)
• Bronchoscopy
• Mediastinoscopy
• Otoscopy
• Laryngoscopy
• Other Applications
Market by, End User:
• Hospitals
• Ambulatory Surgery Centers
• Other End Users
Market by, Geography:
The endoscopy devices market report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:
• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis
Scope of the Report:
The report “Global Endoscopy Devices Market: Industry Analysis, Opportunities and Forecast up to 2030” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2022, 2023 and offers revenue estimations for 2024, and project forecasts spanning from 2025 to 2030. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.
The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
The report offers insights into the following aspects:
• Analysis of major market trends, factors driving, restraining, threatening, and providing opportunities for the market.
• Analysis of the market structure by identifying various segments and sub-segments of the market.
• Understand the revenue forecast of the market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
• Analysis of opportunities by identification of high-growth segments/revenue pockets in the market.
• Understand major player profiles in the market and analyze their business strategies.
• Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the market.
Table Of Content
1 Market Introduction
1.1 Market Definition
1.2 Research Scope and Segmentation
1.3 Stakeholders
1.4 List of Abbreviations
2 Executive Summary
3 Research Methodology
3.1 Identification of Data
3.2 Data Analysis
3.3 Verification
3.4 Data Sources
3.5 Assumptions
4 Market Dynamics
4.1 Market Drivers
4.2 Market Restraints
4.3 Market Opportunities
4.4 Market Challenges
5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market
6 Global Endoscopy Devices Market by, Product
6.1 Overview
6.2 Endoscopes
6.3 Endoscopy Visualization Systems
6.4 Operative Devices
7 Global Endoscopy Devices Market by, Application
7.1 Overview
7.2 Gastrointestinal (GI) Endoscopy
7.3 Obstetrics/Gynaecology Endoscopy
7.4 Arthroscopy
7.5 Urology Endoscopy (Cystoscopy)
7.6 Bronchoscopy
7.7 Mediastinoscopy
7.8 Otoscopy
7.9 Laryngoscopy
7.10 Other Applications
8 Global Endoscopy Devices Market by, End User
8.1 Overview
8.2 Hospitals
8.3 Ambulatory Surgery Centers
8.4 Other End Users
9 Global Endoscopy Devices Market by, Geography
9.1 Overview
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 UK
9.3.4 Italy
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 South Korea
9.4.5 Australia
9.4.6 New Zealand
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 UAE
9.6.2 Saudi Arabia
9.6.3 Qatar
9.6.4 Iran
9.6.5 South Africa
9.6.6 Rest of Middle East & Africa
10 Key Developments
11 Company Profiling
11.1 Olympus Corporation
11.1.1 Business Overview
11.1.2 Product/Service Offering
11.1.3 Financial Overview
11.1.4 SWOT Analysis
11.1.5 Key Activities
11.2 FUJIFILM Holdings Corporation
11.3 Karl Storz GmbH & Co. KG
11.4 Pentax Medical
11.5 Johnson & Johnson
11.6 Medtronic Plc
11.7 Boston Scientific Corporation
11.8 Hoya Corporation
11.9 Medrobotics Corporation
11.10 Richard Wolf GmbH
11.11 Smith & Nephew Plc
11.12 Stryker Corporation
Report Details
SKU Code | : DI2279 |
Industry | : Healthcare |
Region | : Global |
Tables | : 114 |
Format | : Electronic PDF |
Published | : 2024 |
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