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The global endoscopy devices market size attained a value of USD 39.08 billion in 2023. The market is expected to grow at a CAGR of 6.2% during the forecast period of 2024-2032 to attain a value of USD 67.16 billion by 2032, driven by the rising application of the devices in different treatments.
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Endoscopy is a medical procedure in which observation of internal body organs is performed by passing a long tube through a natural opening with a wireless camera inside to see visuals from inside of a patient’s body. Endoscopy is a minimally invasive medical procedures and it is time consuming. The equipment and tools that are used to perform endoscopy are known as endoscopy devices. These endoscopy devices play major role in a successful endoscopy. Endoscope is the device that is used in endoscopy with a camera and light on the tip, to provide clear visuals from inside of body. The observations that are done using endoscopy are of three types, that is, investigation of concern, confirmation of concern, and treatment of concern.
Some common endoscopy procedures include colonoscopy, cystoscopy, colposcopy, hysteroscopy, and gastroscopy.
The global endoscopy devices market can be segmented by product, hygiene, application, end user, and major regions.
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Market Segmentation by Hygiene:
Market Segmentation by Application:
Market Segmentation by End-User:
Market Segmentation by Region:
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The global endoscopic devices market demand has been rising and is expected to witness an exponential rise in the coming years, driven by rapid advancement in the endoscopic technologies and increasing health problems in people, specifically persistent gastrointestinal issues. These persistent gastrointestinal health problems have an 80-90% chance of being cancer, if not, then converting into cancer if left untreated. From the data released by NCBI, it is known that the fifth most common kind of cancer with high mortality rate is gastric cancer. It caused over 783,000 deaths in 2018.
The tools that are used for endoscopy procedures are known as endoscopes in general. However, there are several endoscopes that are specifically designed and used for exclusive endoscopic procedures. Due to the increasing demand in the endoscopic procedures worldwide, these tools are also in high demand.
This report gives an in-depth analysis of the key players involved in global endoscopy devices market. The companies involved in the global endoscopic devices market are as follows:
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product |
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Breakup by Hygiene |
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Breakup by Application |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Endoscopy is a medical procedure which is performed to observe the internal organs of the body. It is performed to observe, confirm, and treat the symptoms of a patient. In some cases, it is used to detect and remove the cancer tissues and cells from the patient’s body.
The market attained a value of USD 39.08 billion in 2023.
The global endoscopy device market is anticipated to grow at a CAGR of 6.2% during the forecast period of 2024-2032 to attain a value of USD 67.16 billion by 2032.
The increasing numbers of patients of gastric disorders and cancers, along with the ongoing and upcoming advancements in the endoscopy procedures and equipment, are the major drivers of the market.
The major end-users of the market are hospitals, ambulatory surgery centres and clinics, among others.
The market segmentation on the basis of product is endoscope, mechanical endoscopic equipment, visualization and documentation systems, and accessories, among others.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major key players involved in the global market include Boston Scientific Corporation, CONMED Corporation, FUJIFILM Holdings Corporation, HOYA Corporation, Johnson & Johnson Services, Inc., KARL STORZ SE & Co. KG, Medtronic, Olympus Corporation, Richard Wolf GmbH, Smith + Nephew, Stryker, STERIS, and The Cooper Companies Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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