The Endoscopy Devices Market Report is Segmented by Type of Device (Endoscopes, Endoscopic Operative Devices, and Visualization Equipment), Application (Gastroenterology, Pulmonology, Orthopedic Surgery, Cardiology, ENT Surgery, Gynecology, Neurology, and Other Applications), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). This Industry Report Provides Market Sizes and Forecasts in Terms of Value (USD Billion) for the Above Segments.

The Report Covers United States Endoscopy Devices Market Growth Trends and Companies and is segmented by Type of Device (Endoscopes, Endoscopic Operative Devices, and Visualization Equipment), and Application (Gastroenterology, Pulmonology, ENT Surgery, Gynecology, Neurology, Urology, and Other Applications). The Market Size and Forecast are Provided in Terms of Value (In USD Million) for the Above Segments.

The global flexible endoscopes market is forecasted to expand at 6.4% CAGR to reach a market valuation of US$ 16.73 Billion by the end of 2033, up from US$ 8.44 Billion that was recorded for 2022.

Attribute	Details
Flexible Endoscopes Market Size (2023)	US$ 8.98 Billion
Forecasted Market Value (2033)	US$ 16.73 Billion
Value CAGR (2023 to 2033)	6.4%
Collective Value Share: Top 5 Countries (2022)	58.1%
Key Market Players	Becton, Dickinson and Company, Boston Scientific Corporation, Cooper Surgical, Endomed Systems, Fujifilm Corporation, Hoya Corporation, Karl Storz, Laborie Medical Technologies, Olympus Corporation, Richard Wolf GmbH, Stryker Corporation, Smith & Nephew, Inc., Pentax Medical, Ambu, Inc., Machida Endoscope Co.

H1-H2 Update

Market Statistics	Details
Jan to Jun (H1), 2021 (A)	4.97%
Jul to Dec (H2), 2021 (A)	6.76%
Jan to Jun (H1),2022 Projected (P)	4.77%
Jan to Jun (H1),2022 Outlook (O)	4.98%
Jul to Dec (H2), 2022 Outlook (O)	7.28%
Jul to Dec (H2), 2022 Projected (P)	6.62%
Jan to Jun (H1), 2023 Projected (P)	5.19%
BPS Change : H1,2022 (O) - H1,2022 (P)	21↑
BPS Change : H1,2022 (O) - H1,2021 (A)	01↑
BPS Change: H2, 2022 (O) - H2, 2022 (P)	66↑
BPS Change: H2, 2022 (O) - H2, 2021 (A)	52↑

Country-wise Insights

Country	The USA
Market Share (2023)	33.8%
Market Share (2033)	34.3%
BPS Analysis	52

Country	Germany
Market Share (2023)	7.4%
Market Share (2033)	7.2%
BPS Analysis	-19

Country	China
Market Share (2023)	7.0%
Market Share (2033)	8.3%
BPS Analysis	132

Country	The United Kingdom
Market Share (2023)	5.6%
Market Share (2033)	5.8%
BPS Analysis	17

Country	Japan
Market Share (2023)	4.5%
Market Share (2033)	4.2%
BPS Analysis	-27

The Global Endoscopy Equipment Market size is valued at around USD 29.81 billion in 2023 and is estimated to grow at a CAGR of about 7.12% during the forecast period 2024-30. Leading Companies - Arthrex Inc., B Braun Melsungen, Boston Scientific Corporation, Others

According to Cognitive Market Research, the global Endoscopy market size will be USD 26214.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.20% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 10485.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 7864.35 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 6029.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 1310.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 524.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.
The endoscopy visualization systems category is the fastest growing segment of the Endoscopy industry

Market Dynamics of Endoscopy Market

Key Drivers for Endoscopy Market

Increasing Prevalence of Chronic Diseases to Boost Market Growth

The increasing prevalence of chronic diseases such as gastrointestinal disorders, cancer, and cardiovascular diseases is a significant driver of the endoscopy market. These conditions often require early and accurate diagnosis to improve treatment outcomes, making minimally invasive diagnostic tools like endoscopy highly desirable. For instance, the rising incidence of colorectal cancer has led to an increased demand for colonoscopy procedures for early detection and intervention. Endoscopy offers benefits like reduced recovery times, minimal scarring, and fewer complications compared to traditional surgical procedures, further boosting its adoption. The growing awareness among patients about the importance of early diagnosis and treatment, along with supportive government initiatives, has expanded the scope of endoscopic procedures across various medical specialities. Additionally, advancements in technology, such as high-definition imaging and robotic-assisted endoscopy, have improved diagnostic accuracy and procedural efficiency, driving their acceptance among healthcare providers. For instance, Olympus Corporation signed an agreement to acquire Odin Vision, a London-based cloud-AI endoscopy company, to enhance patient care by transforming procedural and clinical workflows

(Source:https://www.olympus.be/company/nl/nieuws/persberichten/2022-12-20t08-30-00/press-release-detail-page_34945.html/)

Technological Advancements in Endoscopic Devices to Drive Market Growth

Technological innovations have significantly propelled the endoscopy market by enhancing the capabilities and outcomes of these procedures. Modern endoscopic devices now feature high-definition imaging, 3D visualization, and narrow-band imaging technologies, which offer superior diagnostic precision. The integration of artificial intelligence (AI) and machine learning algorithms has further improved the accuracy of detecting abnormalities, such as polyps and tumors, during endoscopic examinations. Additionally, the development of flexible and capsule endoscopes has expanded the applicability of endoscopy to previously inaccessible areas of the gastrointestinal tract. Robotic-assisted endoscopy systems provide greater precision and control, reducing the risk of complications during complex procedures. These technological advancements have not only increased the efficiency of endoscopic procedures but also enhanced patient comfort and safety.

Restraint Factor for the Endoscopy Market

High Cost of Endoscopy Procedures and Equipment Will Limit Market Growth

The major restraining factor for the endoscopy market is the high cost associated with endoscopic procedures and equipment. Advanced endoscopy systems, such as robotic-assisted endoscopes and capsule endoscopy devices, are expensive to manufacture, maintain, and operate. These high costs are often passed on to healthcare providers and patients, making such procedures inaccessible to individuals without adequate health insurance or in regions with limited healthcare funding. Additionally, hospital...

In 2023, laparoscopy applications within the global endoscopy equipment market was worth over 14 billion U.S. dollars. By 2029, laparoscopy was forecast to grow to a market size of around 20.5 billion U.S. dollars. Laparoscopy is a procedure to treat and diagnose conditions in the abdomen or pelvic area.

The report covers Germany Endoscopy Companies & Equipment and the market is segmented by Type of Devices (Endoscopes, Endoscopic Operative Devices, Visualization Equipment) and Application (Gastroenterology, Pulmonology, Orthopedics, Cardiology, Gynecology, and Urology, Other Applications). The market provides the value (in USD million) for the above-mentioned segments.

Global Endoscopy Devices Market size is set to expand from $ 30.2 Billion in 2023 to $ 56.51 Billion by 2032, with an anticipated CAGR of around 7.21% from 2024 to 2032.

The report covers India Endoscopy Devices Companies and it is segmented by Type of Device (Endoscopes (Rigid Endoscope, Flexible Endoscopes, and Other Endoscopes), Endoscopic Operative Device, and Visualization Equipment (Endoscopic Camera, SD Visualization System, and HD Visualization System)) and Application (Gastroenterology, Pulmonology, Orthopedic Surgery, Cardiology, ENT Surgery, Gynecology, and Other Applications).

The global capsule endoscopy market size is expected to reach USD 982.83 million by 2030 according to a new study by Polaris Market Research.

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Africa Endoscopy Devices Market Size 2024-2028

The Africa endoscopy devices market size is forecast to increase by USD 279.5 million at a CAGR of 6% between 2023 and 2028.

The market is experiencing significant growth, driven by several key trends and factors. Technological advancements, including robotics, artificial intelligence, and remote-controlled technologies, are revolutionizing endoscopic procedures. Technological advancements in endoscopy technology are leading to the introduction of more minimally invasive procedures, enhancing patient outcomes and reducing recovery time. Rigid endoscopes are traditionally used for examining the gastrointestinal tract and bronchial tree. The increasing prevalence of chronic diseases such as gastrointestinal disorders and liver diseases necessitates the need for early detection and diagnosis, further fueling market growth. However, the lack of skilled surgeons and limited healthcare infrastructure in some regions pose challenges to market expansion. Despite these challenges, the market is expected to witness steady growth In the coming years, driven by increasing awareness and government initiatives to improve healthcare infrastructure.

What will be the size of the Africa Endoscopy Devices Market during the forecast period?

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The African endoscopy devices market is experiencing significant growth due to the rising prevalence of chronic diseases, particularly gastrointestinal disorders and cancer. Minimally invasive procedures, such as capsule endoscopy and flexible endoscopes, are increasingly popular for their invasive properties and ability to examine visceral organs with high-definition camera systems. Disposable components and wireless capsule endoscopy enable easier use and reduced infection risks. Advancements in technology include AI integration for improved diagnosis and remote-controlled technologies for enhanced precision in procedures like bronchoscopy and endoscopic retrograde cholangiopancreatography.
Furthermore, robotics and surgical interventions are also gaining traction, offering more precise and efficient solutions. Clinical trials are ongoing for new endoscopic ultrasound and gi endoscopy technologies, which may further revolutionize the market. Chronic illnesses, such as cancer and gastrointestinal disorders, are driving demand for these advanced endoscopic solutions. As the African population grows and ages, the need for effective diagnostic and treatment tools is increasingly important. The market is expected to continue expanding, offering opportunities for innovation and growth In the field of endoscopy devices.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Product

  Endoscope
  Visualization and documentation systems
  Accessories
  Others


Geography

  Africa

    South Africa
    Nigeria
    Egypt
    Kenya

By Product Insights

The endoscope segment is estimated to witness significant growth during the forecast period.

Endoscopic devices are essential medical instruments used for minimally invasive diagnostic and therapeutic procedures on various visceral organs. These devices consist of a tubular structure with a high-definition camera system that transmits real-time images while conveying illumination. Endoscopes are utilized for examining internal structures of the gastrointestinal tract, respiratory system, urinary system, and reproductive organs. Specialized endoscopes, such as bronchoscopes, cystoscopes, colonoscopes, and laparoscopes, are designed for specific organs.

Furthermore, disposable components and single-use endoscopes ensure infection control and patient safety. Advanced technologies like wireless capsule endoscopy, artificial intelligence, and robotics enhance diagnostic accuracy and surgical interventions. Chronic diseases, including cancer, and age-related disorders necessitate frequent endoscopic procedures. Economic viability and the increasing elderly population make outpatient procedures and ambulatory surgery centers popular. Endoscopic devices facilitate diagnostic and therapeutic operations for medical disorders, including gastrointestinal, liver, and gallbladder diseases.

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The endoscope segment was valued at USD 303.40 million in 2018 and showed a gradual increase during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to t

Capsule Endoscopy Market is expecting around 10.42% CAGR during 2022-27, says MarkNtel Advisors.

The global endoscopy devices market is likely to rise from USD 60.91 billion in 2024 to USD 98.91 billion by 2037, witnessing a CAGR of around 3.8% throughout the forecast period, between 2025 and 2037. Key industry players include Stryker Corporation, Boston Scientific Corporation, Karl Storz GmbH & Co. KG, Smith & Nephew Inc., among others.

Global North America Endoscopy Devices Market Size to Grow USD 26.19 Billion by 2032, at a CAGR of 5.9% during the forecast period.

In 2019, hospitals and clinics accounted for 89.04 percent of the single-use/disposable endoscope market worldwide. By 2030, this share was forecast to increase to approximately 91.7 percent.

The Report Covers United Kingdom Endoscopy Devices Market Companies and is segmented by Type of Device (Endoscopes, Endoscopic Operative Devices, and Visualization Equipment) and Application (Gastroenterology, Pulmonology, ENT Surgery, Gynecology, Neurology, Urology, and Other Applications). The Market Size and Forecast are Provided in Terms of Value (In USD Million) for the Above Segments.

The global gastrointestinal endoscopy market is anticipated to reach $25.75 billion by 2031, witnessing a CAGR of 6.24%. In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.

In 2022, the value of the global capsule endoscopy market was estimated at around 0.7 billion U.S. dollars. By 2030, this number is forecasted to increase to some 1.5 billion U.S. dollars. This statistic shows the size of the capsule endoscopy market worldwide in 2022 and a forecast for 2030.

The report covers Canada Endoscopy Equipment Price & Manufacturers and the market is segmented by Type of Device (Endoscopes (Rigid Endoscope, Flexible Endoscope, Capsule Endoscope, Robot-assisted Endoscopes), Endoscopic Operative Device, and Visualization Equipment) and Application. (Gastroenterology, Pulmonology, Orthopedic Surgery, Cardiology, ENT Surgery, Gynecology, Neurology, Urology). The market provides the value (in USD million) for the above-mentioned segments.

Japan endoscopy devices market size reached USD 3,611.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 6,594.0 Million by 2033, exhibiting a growth rate (CAGR) of 6.9% during 2025-2033. The rising cases of gastrointestinal disorders and various forms of cancer are augmenting the demand for diagnostic and therapeutic procedures, which is primarily driving the market growth.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 3,611.0 Million
Market Forecast in 2033	USD 6,594.0 Million
Market Growth Rate 2025-2033	6.9%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on type of device and application.