Medical Endoscopes Market, Size, Segment and Growth by Forecast Period: (2021-2031)
The medical endoscopes market size is expected to reach US$ 22,467.07 million by 2031 from US$ 14,487.23 million in 2024. The market is estimated to record a CAGR of 6.5% from 2025 to 2031.
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Executive Summary and Global Market Analysis:
A rapid growth is being witnessed by the global endoscopes
market as the demand grows for minimally invasive diagnostic and therapeutic
procedures. Increasing prevalence of chronic diseases and growing aging
population are pushing multiple specialties, including gastroenterology,
pulmonology, urology, and ENT for the acceptance of the advanced endoscopy
techniques. Technological advancements consisting of the most relevant ones:
high-definition imaging, disposable single-use endoscopes, and better optics are
improving the procedure's accuracy and reducing infections risks. An even
larger thrust is given to the demand for portable and cost-effective endoscopic
solutions by the strong trend toward outpatient and ambulatory care. Emerging
markets reflect rapid growth on account of improving healthcare infrastructure
and increasing awareness about minimally invasive techniques.
In line with the adoption rate, the global medical
endoscopes market stood at US$ 14,487.23 million in 2024 and is expected to
reach US$ 22,467.07 million by 2031. However, factors like cost, sterilization
issues for the reusable scope, and regulatory issues could face some holdback
in certain regions. Single-use disposable endoscopes rise as a promising
alternative for infection control and eliminate reprocessing issues, opening
new doors for innovation and competitive landscape. Thus, in general, the endoscope
market is positioned for continuing growth owing to burgeoning emphasis on
patient safety, efficiency, and technological innovation from healthcare
providers with regard to modern endoscopic devices.
Medical Endoscopes Market Segmentation Analysis
Key segments that contributed to the derivation of the
medical endoscopes market analysis are product type, usability,
application, and end user.
- By
product type, the medical endoscopes market is segmented into rigid
endoscopes, flexible endoscopes, capsule endoscopes, ultrasound endoscope,
and robot-assisted endoscopes. The flexible endoscopes segment dominated
the market in 2024.
- By
usability, the medical endoscopes market is segmented into reusable
endoscopes and disposable endoscopes. The reusable endoscopes segment
dominated the market in 2024.
- In
terms of applications, the market is segmented into gastrointestinal
endoscopy, laparoscopy, gynecology endoscopy, arthroscopy, uroscopy,
bronchoscopy, ENT endoscopy, neuroendoscopy and others. The
gastrointestinal endoscopy segment held the largest share of the market in
2024.
- By
end user, the market is segmented into hospitals, specialty clinics,
ambulatory surgical centers, and diagnostic centers. The hospitals segment
held the largest share of the market in 2024.
Medical Endoscopes Market Drivers and Opportunities:
Rising Prevalence of Chronic Diseases
The rising number of people with long-term health problems
like gut issues breathing troubles, and cancer is creating a bigger demand for
good diagnostic tools. These conditions often need regular and precise internal
checks to keep an eye on how the disease is progressing and to guide treatment
choices.
An endoscope is a medical device with a light attached. It
is used to look inside a body cavity or organ. The scope is inserted through a
natural opening, such as the mouth during a bronchoscopy, or the rectum for a
sigmoidoscopy. As long-term health issues like gut problems, lung diseases, and
urinary tract conditions become more widespread, doctors are turning to
endoscopic procedures more often to figure out what's wrong, treat issues, and
handle these health problems.
For instance, according to the article published in February
2023, by the BMJ open access journal, there were around 4.9 million cases of
IBD worldwide in 2019, with China and the USA having the highest number of
cases.
Similarly, according to the Global Cancer Observatory (GCO),
globally there were around 968,784 new cases of stomach cancer and 2,480,675
new cases of lung cancer in 2022.
Technological Advancements
Rising advancements in the endoscope design and features
have increased their value. New tech like HD cameras gives doctors sharper more
in-depth views inside the body. This helps them spot illnesses sooner and
create better treatment plans. Bendy endoscopes can reach body parts you can't
see with your eyes alone. Also throw-away endoscopes cut down on infection
risks between patients. Tiny camera pills you can swallow have opened up new
ways to check hard-to-reach parts of the gut.
Being green is getting more attention too. In September
2023, Ambu A/S, a Danish medical endoscope maker, rolled out the world's first
endoscope with plant-based plastic in the handle. By late 2024, all their
endoscopes will use these earth-friendly materials.
These steps forward make diagnosing and treating easier, and
they also make endoscope procedures safer and more user-friendly. Because of
this, hospitals and clinics are more likely to buy the newest endoscope tech.
This drives up demand for these tools and helps the medical endoscope market
grow.
Medical Endoscopes Market Size and Share Analysis
By product type, the medical endoscopes market is segmented
into rigid endoscopes, flexible endoscopes, capsule endoscopes, ultrasound
endoscope, and robot-assisted endoscopes. The flexible endoscopes segment
dominated the market in 2024. Due to their better imaging and easier
control, these endoscopes help make procedures more accurate and safer. Thus,
dominating the market.
By usability, the medical endoscopes market is segmented
into reusable endoscopes and disposable endoscopes. The reusable endoscopes
segment dominated the market in 2024. Reusable endoscopes have long been the
standard in medical diagnostics and surgeries, offering cost-efficiency through
multiple uses after thorough cleaning and sterilization. They are commonly used
across various specialties due to their durability and versatility.
In terms of applications, the market is segmented into
gastrointestinal endoscopy, laparoscopy, gynecology endoscopy, arthroscopy,
uroscopy, bronchoscopy, ENT endoscopy, neuroendoscopy and others. The
gastrointestinal endoscopy segment held the largest share of the market in
2024. The large volume of GI disorders globally and the increasing preference
for minimally invasive diagnostic and therapeutic techniques drive the demand
for advanced endoscopic devices in this segment.
By end user, the market is segmented into hospitals,
specialty clinics, ambulatory surgical centers, and diagnostic centers. The
hospitals segment held the largest share of the market in 2024. Hospitals
represent the leading end users in the medical endoscopes market due to their
extensive infrastructure, skilled personnel, and ability to handle high patient
volumes. These facilities perform a wide range of endoscopic procedures across
departments such as gastroenterology, pulmonology, urology, gynecology, and
general surgery.
key company profiles
Olympus Corporation
Fujifilm Holdings
Corporation
Boston Scientific
Karl Storz SE &
Co. KG
Stryker Corporation
B. Braun SE
HOYA Corporation
Ambu A/S
Johnson &
Johnson
Medtronic
Medical Endoscopes Market Report Coverage and Deliverables
The "Medical Endoscopes Market Size and Forecast
(2021–2031)" report provides a detailed analysis of the market covering
below areas:
- Medical
endoscopes market size and forecast at global, regional, and country
levels for all the key market segments covered under the scope
- Medical
endoscopes market trends, as well as market dynamics such as drivers,
restraints, and key opportunities
- Detailed
Porter's Five Forces and SWOT analysis
- Medical
endoscopes market analysis covering key market trends, global and regional
framework, major players, regulations, and recent market developments
- Industry
landscape and competition analysis covering market concentration, heat map
analysis, prominent players, and recent developments for the medical
endoscopes market
- Detailed
company profiles
The geographical scope of the medical endoscopes market report is divided into
five regions: North America, Asia Pacific, Europe, Middle East & Africa,
and South & Central America. The medical endoscopes market in Asia Pacific
is expected to grow significantly during the forecast period.
The Asia Pacific medical endoscopes market is segmented into
China, Japan, South Korea, India, Australia, New Zealand, Indonesia, Malaysia,
Philippines, Singapore, Thailand, Vietnam, Taiwan, Bangladesh and Rest of Asia.
The region's growing demand for endoscopic procedures is driven by a rising
burden of gastrointestinal, respiratory, and urological disorders, alongside an
aging population that requires regular diagnostic interventions. Rapid
urbanization, increasing healthcare expenditure, and expanding access to
minimally invasive procedures are accelerating market adoption. Additionally,
rising awareness of early disease detection and the shift toward outpatient and
day-care surgeries are fuelling the uptake of endoscopic technologies in both
urban hospitals and secondary care centers in rural areas. The APAC endoscopes
market is poised for strong growth as healthcare systems scale to meet rising
clinical demand with modern, efficient diagnostic solutions.
Medical Endoscopes Market Research Report Guidance
- The
report includes qualitative and quantitative data in the medical
endoscopes market across product type, usability, application, and end
user, and geography.
- The
report starts with the key takeaways (chapter 2), highlighting the key
trends and outlook of the medical endoscopes market.
- Chapter
3 includes the research methodology of the study.
- Chapter
4 further includes ecosystem analysis along with Porter’s analysis.
- Chapter
5 highlights the major industry dynamics in the medical endoscopes market,
including factors that are driving the market, prevailing deterrents,
potential opportunities as well as future trends. Impact analysis of these
drivers and restraints is also covered in this section.
- Chapter
6 discusses the medical endoscopes market scenario, in terms of historical
market revenues, and forecast till the year 2031.
- Chapters
7 to 9 cover medical endoscopes market segments by product type,
application, and end user, and geography across North America, Europe,
Asia Pacific, Middle East and Africa, and South and Central America. They
cover market volume revenue forecast and factors driving the market.
- Chapter
10 describes the competitive analysis along with the heat map analysis for
the key players operating in the market.
- Chapter
11 describes the industry landscape analysis. It provides detailed
description of business activities such as market initiatives, new
developments, mergers, and joint ventures globally, along with a
competitive landscape.
- Chapter
12 provides detailed profiles of the major companies operating in the
medical endoscopes market. The companies have been profiled on the basis
of their key facts, business descriptions, products and services,
financial overview, SWOT analysis, and key developments.
- Chapter
13, i.e., the appendix is inclusive of a brief overview of the company,
list of abbreviations, and disclaimer.
Medical Endoscopes Market News and Key Development:
The medical endoscopes market is evaluated by gathering
qualitative and quantitative data post primary and secondary research, which
includes important corporate publications, association data, and databases. A
few of the key developments in the medical endoscopes market are:
- In
January 2024, EndoSound Inc., a medical technology company, announce it
has received 510(k) clearance from the FDA for its EndoSound Vision
System, a novel Endoscopic Ultrasound (EUS) technology
- In
September 2023, Ambu A/S, a Denmark-based medical endoscope manufacturing
company, launched the world’s first endoscope with bioplastics in the
handle, and by the end of 2024, all their endoscopes will use these
eco-friendly materials
- In
November 2022, Integrated Endoscopy, a manufacturer of single-use rigid
endoscopes, announced that they have launched its second generation NUVIS
Single-Use Arthroscope, a first-of-its-kind 4K endoscope designed for use
in arthroscopic surgical procedures.
About Us:
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Author's Bio
Akshay
Senior Market Research Expert at Business Market Insights
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