USD 25.2 billion
Report ID:
SQMIG35B2089 |
Region:
Global |
Published Date: April, 2025
Pages:
219
|Tables:
59
|Figures:
75
Endoscopy Devices Market size was valued at USD 25.2 billion in 2023 and is poised to grow from USD 26.99 billion in 2024 to USD 46.72 billion by 2032, growing at a CAGR of 7.1% during the forecast period (2025-2032).
The increasing burden of chronic diseases and growing elderly population worldwide are also expected to drive the adoption of advanced endoscopy tools such as wireless capsule endoscopy and high-resolution cameras use in the coming years. Gallstones, endometriosis, and bowel perforation require endoscopic interventions, which was expected to drive the endoscopy devices market in forecast years.
Additionally, medical professionals who want to use advanced endoscopic technology equipped with high resolution camera light to help physicians create internal organs of interest about such as, Stryker, Olympus Corporation, Fujifilm Holdings Corporation analyses in premium cameras are also driving the market. A change in preference for minimally invasive surgery over conventional surgery to reduce postoperative complications and reduce hospital stays are key factors expected if endoscopic devices demand has increased, which will accelerate Endoscopy Devices Market growth.
The increasing global burden of cancer also drives the adoption of diagnostic devices for early diagnosis and treatment. Furthermore, the increasing preference for biopsy for cancer detection and diagnosis in recent years is also likely to drive the adoption of endoscopic devices, which in turn is expected to drive the development of endoscopic devices over the years.
Market snapshot - 2025-2032
Global Market Size
USD 25.2 billion
Largest Segment
Endoscope
Fastest Growth
Endoscopy Visualization Systems
Growth Rate
7.1% CAGR
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Global Endoscopy Devices Market is segmented by Product, Application, Hygiene, End-Use and region. Based on Product, the market is segmented into Endoscopes, Endoscopy Visualization Systems, Endoscopy Visualization Components and Operative Devices. Based on Application, the market is segmented into Urology Endoscopy, Gastrointestinal (GI) Endoscopy, Obstetrics Endoscopy, Laryngoscopy, Laparoscopy, Bronchoscopy, Arthroscopy, Otoscopy, Mediastinoscopy and Other Applications. Based on Hygiene, the market is segmented into Single-Use, Reprocessing and Sterilization. Based on End-Use, the market is segmented into Ambulatory Surgical Centers, Hospitals and Other End-uses. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Endoscopy Devices Market Analysis by Product
The endoscope segment dominated the Endoscopy Devices Market in 2023 and controlled the largest revenue share of 40.2% and is also expected to register the fastest growth rate with a CAGR of 4.7% during the forecast period. In addition, endoscopists help diagnose serious disease conditions such as cancer, GI disorders, urinary tract infections, and pneumonia. This high growth is attributed to increasing number of endoscopy procedures, coupled with wide adoption of endoscopes for better diagnosis and therapeutic surgery and biopsies. The endoscopes segment dominated the market and accounted for high revenue share in 2023, owing to its high preference of use by the medical professionals and its advantages such as safety, increased efficiency, and enhanced ergonomics as compared to rigid endoscopes.
The endoscopy visualization systems segment is a key player in the endoscopy devices market, providing essential tools for accurate diagnosis and low-cost techniques. Visualization systems with high resolution cameras, 3D imaging, and light sources goes a long way with clarifying the internal graphics and furthering the accuracy of these systems adoption, especially in fields like 4K, Artiphysal Intelegration, and Flores. It corrects a lot in charity accuracy and methodology, that helps providers faster and effective patient care. While hospitals and clinics are increasingly relying on visual monitoring systems to deliver results to improve efficiency and enhance efficiency, this segment remains a key driver for growth in the endoscopy devices market.
The outpatient facilities segment dominated the market in 2023 and accounted for the largest revenue share of 53.3%. Outpatient facilities are also expected to grow at the fastest pace during the forecast period. The segment expects practical growth in outpatient facilities such as ambulatory surgery centers and diagnostic clinics due to the high demand for minimally invasive treatment and for reducing overall costs. In addition, faster healing times, and fewer complications using non-invasive keyhole endoscopic techniques are also leading to faster adoption of endoscopic devices in outpatient settings, which is also expected to boost segment growth over the forecast period.
The hospitals segment of the endoscopy devices market is expected to register significant growth during the forecast period. Technological advances, including improved imaging systems, and the development of sophisticated and accurate instruments improve the effectiveness and safety of endoscopic procedures besides the prevalence of chronic diseases and people of age increasing trends contribute to the increase in the number of medical endoscopy diagnostic procedures Karanization is driving the Endoscopy Devices Market growth. In February 2024, Emirates Healthcare (EHS) announced a new robotic endoscopy technique for the treatment of hernias in two hospitals. The Northern Emirates health regulator, EHS, said the approach could revolutionize the treatment of patients with gastroesophageal reflux disease (GERD).
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North America dominated the endoscopy devices market in 2023, accounting for the largest revenue share at 41.0%. The high prevalence of many diseases, including gastrointestinal disorders, respiratory conditions, neurological problems, gynecological issues, and cancer, creates the need for endoscopic techniques for diagnosis and treatment disease. For example, according to a report by ResearchGate, there were estimated 2 million new cases of cancer and 611,720 cancer-related deaths in the US. in 2024. The number of candidates for minimally invasive procedures in various medical specialties including gastroenterology, nephrology, neurology, gynecology, and otolaryngology in the US. is driving demand for endoscopy. Also, the increasing prevalence of cancer, the increasing number of elderly populations, which is prone to chronic diseases requiring endoscopic treatment, and the increasing need for timely & early diagnosis will enter is leading to a search for endoscopy. About 26,890 new cases of stomach cancer and about 10,880 deaths from stomach cancer are expected in 2024, according to the American Cancer Society.
Asia Pacific is expected to be the fastest growing region in the Endoscopy Devices Market owing to rapidly developing healthcare, less stringent regulatory framework and economic growth that attracts foreign investment. The market is expected to grow owing to good initiatives by private players, such as training of healthcare professionals and increased investment in R&D to develop moving endoscopes. China’s endoscopy devices market accounted for the largest share in 2023. China has the largest population in the world and is one of the fastest growing economies. Increased collaboration among market players to develop advanced endoscopes is one of the key factors driving the Endoscopy Devices Market growth. For example, in July 2023, HOYA Group and PENTAX Medical announced the opening of a new office in Shanghai, China. The center is owned by PENTAX Medical Shanghai Co., Ltd. which will focus on endoscopy manufacturing, R&D and service for the market. The facility will produce PENTAX Medical’s endoscopy solutions tailored to the market.
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Increasing Incidence of Chronic Diseases
Advances in Endoscopy Technology
Technological advancements in endoscopy devices such as high-resolution imaging, 3D imaging, and AI diagnostics drive the market. Further innovations such as capsule endoscopy and robot-assisted endoscopy have provided these devices with this capacity increased, allowing for a more accurate diagnosis with less patient discomfort. This allows health care providers to accurately spot abnormalities. These advances not only improve clinical outcomes but also expand the use of endoscopic techniques in various fields including oncology, gastroenterology and pulmonology, leading to market growth.
High Cost of Endoscopic Procedures and Equipment
Despite the advantages of endoscopic devices, their high cost may restrict market adoption, especially in low-income and middle-income areas. Furthermore, the initial investment in advanced diagnostic equipment and ongoing maintenance costs may be prohibitive for healthcare facilities with limited budgets and patients may face higher costs out of pocket for these treatments, limiting access to care. These cost constraints affect the widespread adoption of endoscopy technology and may slow the growth of the overall market.
Stringent Legal Requirements
The endoscopy devices market is subject to stringent regulatory standards and lengthy approval processes that can slow product development and market. Law enforcement agencies such as the U.S. The Food and Drug Administration (FDA) and the European Medicines Agency (EMA) impose stringent safety and quality requirements on endoscopic devices although these standards are necessary to ensure patient safety and delay the introduction of new products follow the market. These complex regulations pose a challenge to new entrants as well as established players, limiting the pace of Endoscopy Devices Market growth and technological innovation.
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The competitive landscape in the endoscopy devices market is intense, driven by rapid technological advancements and increasing demand for low-cost diagnostic solutions. Endoscopy devices constantly innovating to maintain their competitive edge through expansion and areas of application these companies invest heavily in R&D to develop high-resolution. The increasing presence of smaller specialist companies providing disposable endoscopes increases competitive pressures, especially as healthcare providers place higher priority on infection control and operational efficiency. This dynamic environment fosters innovation continuous production, with companies trying to meet medical needs and respond to changing regulatory standards, shapes the market.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to SkyQuest analysis, the endoscopy devices market is experiencing significant growth as the demand for less invasive diagnostic and therapeutic products continues to increase across the globe. With the increasing prevalence of chronic conditions such as gastrointestinal diseases, cancer, and heart disease, endoscopic procedures offer safer alternatives to traditional surgery, increase patient comfort, and reduced recovery time. Significant advances in endoscopic technology such as high-quality imaging, 3D visualization, AI-enabled diagnosis allowing this market to be diagnosed more accurately and effectively. With higher costs and regulations stringent internal requirements pose challenges especially in low and middle-income settings, where access to advanced endoscopic care may be limited. Despite these barriers, industry trends such as adoption of disposable endoscopes the atom size addresses cross-contamination concerns. Pervasive use of single-use, disposable devices eliminating need for the complicated sterilization procedures, increasing operational efficiency in healthcare settings. As these innovations and trends continue, the endoscopy devices market is expected to expand further.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 25.2 billion |
Market size value in 2032 | USD 46.72 billion |
Growth Rate | 7.1% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Endoscopy Devices Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Endoscopy Devices Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Endoscopy Devices Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Endoscopy Devices Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Endoscopy Devices Market size was valued at USD 50.22 Billion in 2023 and is poised to grow from USD 54.04 Billion in 2024 to USD 97.09 Billion by 2032, growing at a CAGR of 7.6% during the forecast period (2025-2032).
The competitive landscape in the endoscopy devices market is intense, driven by rapid technological advancements and increasing demand for low-cost diagnostic solutions. Endoscopy devices constantly innovating to maintain their competitive edge through expansion and areas of application these companies invest heavily in R&D to develop high-resolution. The increasing presence of smaller specialist companies providing disposable endoscopes increases competitive pressures, especially as healthcare providers place higher priority on infection control and operational efficiency. This dynamic environment fosters innovation continuous production, with companies trying to meet medical needs and respond to changing regulatory standards, shapes the market. 'Medtronic (US) ', 'Johnson & Johnson (US) ', 'Olympus Corporation (Japan) ', 'Fujifilm Holdings Corporation (Japan) ', 'Stryker Corporation (US) ', 'Karl Storz SE & Co. KG (Germany) ', 'Boston Scientific Corporation (US) ', 'Cook Medical (US) ', 'Smith & Nephew plc (UK) ', 'Hoya Corporation (Japan) ', 'CONMED Corporation (US) ', 'Pentax Medical (Japan) ', 'Richard Wolf GmbH (Germany) ', 'B. Braun Melsungen AG (Germany) ', 'Olympus Medical Systems Corp. (Japan) ', 'Fujifilm Medical Systems USA, Inc. (US) ', 'Medtronic plc (Ireland) ', 'KARL STORZ Endoscopy-America, Inc. (US) ', 'Arthrex, Inc. (US) ', 'Ethicon, Inc. (US) '
Increasing incidence of chronic diseases such as gastrointestinal disorders, cancer, cardiovascular diseases is a key driver of endoscopy devices market. These health issues often require specific, manageable diagnostic and treatment strategies better through less invasive endoscopic techniques. Endoscope devices offer solutions that reduce relief time, reduce scarring and minimize the risks associated with open procedures. Besides, when global awareness of disease of early detection rises, the demand for accurate diagnostic devices is expected to rise, further accelerating market expansion.
Growing demand for minimally invasive treatments: A notable feature of endoscopy devices market is the increasing preference for less invasive procedures among patients and healthcare professionals. Minimally invasive endoscopic procedures offer more advantages compared to conventional surgery such as pain relief, hospital stay shorter and faster healing time with resultant gastrointestinal tract. These techniques are becoming increasingly popular in surgeries related to the respiratory and reproductive systems. This trend is driving the demand for advanced monitoring devices anatomy that supports superior imaging and precision instrumentation, addresses the need for minimally invasive surgery and enhances patient care.
North America dominated the endoscopy devices market in 2023, accounting for the largest revenue share at 41.0%. The high prevalence of many diseases, including gastrointestinal disorders, respiratory conditions, neurological problems, gynecological issues, and cancer, creates the need for endoscopic techniques for diagnosis and treatment disease. For example, according to a report by ResearchGate, there were estimated 2 million new cases of cancer and 611,720 cancer-related deaths in the US. in 2024. The number of candidates for minimally invasive procedures in various medical specialties including gastroenterology, nephrology, neurology, gynecology, and otolaryngology in the US. is driving demand for endoscopy. Also, the increasing prevalence of cancer, the increasing number of elderly populations, which is prone to chronic diseases requiring endoscopic treatment, and the increasing need for timely & early diagnosis will enter is leading to a search for endoscopy. About 26,890 new cases of stomach cancer and about 10,880 deaths from stomach cancer are expected in 2024, according to the American Cancer Society.
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