Endoscopy Device Market, By Product Type, By Application, By End User, By Geography

Description

Global endoscopy device market is estimated to be valued at USD 38.12 Bn in 2024 and is expected to reach USD 63.54 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 38.12 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	7.60%	2031 Value Projection:	US$ 63.54 Bn

Figure. Endoscopy Device Market Share (%), By Region 2024

Endoscopy devices are instruments used to perform minimally invasive medical examinations and surgical procedures of the interior parts of the human body. Some common endoscopy devices include endoscopes, visualization systems, mechanical endoscopy equipment, and accessories. Technological advancements in endoscopy devices have enabled physicians to accurately diagnose and treat diseases in a less invasive manner. Rising incidence of cancer, gastrointestinal and lung diseases worldwide has boosted demand for endoscopy procedures. Moreover, growing preference for minimally invasive surgeries over traditional open surgeries also drives the endoscopy device market growth. However, high costs associated with endoscopic devices and procedures may limit their widespread adoption in developing nations.

Market Dynamics:

Global endoscopy device market growth is primarily driven by rising geriatric population who are more prone to develop cancer and other target diseases. According to the World Health Organization (WHO), the number of people aged 60 years and above is expected to reach 2 billion by 2050 globally. Growing burden of gastrointestinal diseases like colon cancer also boosts the need for endoscopy procedures. However, high costs associated with endoscopy devices and procedures could hamper the market growth. For instance, a simple colonoscopy procedure can cost around US$ 5,000 in developed countries. Moreover, dearth of skilled endoscopists in developing and underdeveloped regions poses a major challenge for market growth. The market players have enormous opportunity to develop low-cost endoscopy devices to expand their customer base in price-sensitive developing markets. Adoption of robot-assisted endoscopy is a key trend gaining popularity in the market. Robotic endoscopy provides greater control, visualization and surgical autonomy to physicians. Ongoing research in miniature endoscopy devices, capsule endoscopes and single-incision endoscopic surgery can offer opportunities for market players. Implementation of favorable government policies to increase healthcare spending can drive the market growth.

Key features of the study:

This report provides in-depth analysis of the global endoscopy device market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global endoscopy device market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Olympus, Karl Storz, Stryker, Boston Scientific, Ethicon and Fujifilm

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

Global endoscopy device market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global endoscopy device market

Detailed Segmentation-

By Product Type
- Rigid Endoscopes
- Flexible Endoscopes
- Endoscopic Visualization Systems
- Endoscopic Accessories
By Application
- Gastrointestinal Endoscopy
- Laparoscopy
- Obstetrics/ Gynecology Endoscopy
- Arthroscopy
- Urology Endoscopy (Cystoscopy)
- Bronchoscopy
- ENT Endoscopy
- Mediastinoscopy
- Other Applications
By End User
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Research Laboratories
- Others
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players Insights
- Olympus Corporation
- Boston Scientific Corporation
- Fujifilm Holdings Corporation
- KARL STORZ SE & Co. KG
- Stryker Corporation
- Medtronic, plc
- Johnson & Johnson
- Smith & Nephew plc
- Richard Wolf GmbH
- Cook Medical
- HOYA Corporation
- Nipro Corporation
- Ambu A/S
- Intuitive Surgical, Inc.
- Braun Melsungen AG
- Teleflex Incorporated
- CapsoVision, Inc.
- Laborie Medical Technologies Inc.
- Dantschke Medizintechnik GMBH & Co. KG
- Fortimedix Surgical B.V.

Product Code: CMI442

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Global Endoscopy Device Market, By Product Type
- Global Endoscopy Device Market, By Application
- Global Endoscopy Device Market, By End User
- Global Endoscopy Device Market, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Endoscopy Device Market, By Product Type, 2019-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Rigid Endoscopes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Flexible Endoscopes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Endoscopic Visualization Systems
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Endoscopic Accessories
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

5. Global Endoscopy Device Market, By Application, 2019-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Gastrointestinal Endoscopy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Laparoscopy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Obstetrics/ Gynecology Endoscopy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Arthroscopy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Urology Endoscopy (Cystoscopy)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Bronchoscopy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
ENT Endoscopy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Mediastinoscopy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Other Applications
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

6. Global Endoscopy Device Market, By End User, 2019-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Hospitals & Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Ambulatory Surgical Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Research Laboratories
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

7. Global Endoscopy Device Market, By Region, 2019 - 2031, (USD Bn)

Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2019 - 2031, Value (USD Bn)
- Regional Trends
  - North America
- Introduction
U.S.
Canada
Latin America
- Introduction
Brazil
Argentina
Mexico
Rest of Latin America
Europe
- Introduction
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
- Introduction
GCC Countries
Israel
Rest of Middle East
Africa
- Introduction
South Africa
North Africa
Central Africa

8. Competitive Landscape

Olympus Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Boston Scientific Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Fujifilm Holdings Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
KARL STORZ SE & Co. KG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Stryker Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Medtronic, plc
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Johnson & Johnson
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Smith & Nephew plc
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Richard Wolf GmbH
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Cook Medical
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
HOYA Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Nipro Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Ambu A/S
Intuitive Surgical, Inc.
Braun Melsungen AG
Teleflex Incorporated
CapsoVision, Inc.
Laborie Medical Technologies Inc.
Dantschke Medizintechnik GMBH & Co. KG
Fortimedix Surgical B.V.

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. References and Research Methodology

References
Research Methodology
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