Endoscopy Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Endoscopy Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global endoscopy devices market size reached US$ 44.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 66.4 Billion by 2028, exhibiting a growth rate (CAGR) of 7.1% during 2022-2028.

Endoscopy devices are long and thin tubes inserted inside the body via mouth or incision to examine the interior of ears, nose, bladder, esophagus, stomach, colon, throat, heart, urinary tract, joints, and abdomen. These tubes have a camera and light source attached, which help healthcare professionals to perform biopsies and laparoscopic and arthroscopy surgeries. At present, they are available in different lengths and flexibilities depending on diagnostic organs. For instance, rigid tubular endoscopes are utilized by doctors to examine joints, while flexible fiber-optic devices are used for assessing the colon.

A considerable rise in the prevalence of cancer and gastrointestinal disorders represents one of the primary factors driving the endoscopy devices market. Additionally, endoscopy devices can be used to investigate unusual symptoms like dysphagia, diarrhea, weight loss, heartburn, and stool blood. Consequently, the growing pediatric population, which is relatively more vulnerable to targeted diseases, is further influencing the utilization of flexible endoscopes for diagnosis and treatment. Apart from this, the leading players are introducing capsule or robot-assisted endoscopy devices with ultra-high-definition (UHD) visualization systems. These players are also offering easy-to-handle light sources and state-of-the-art video equipment to support the use of endoscopy devices in microsurgical techniques, which is contributing to the market growth. Furthermore, the growing adoption of modern endoscopy devices that incorporate distal lens designs to provide a wider field of view, in confluence with the increasing consumer preferences for minimal post-surgical complications, is anticipated to foster the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global endoscopy devices market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, application and end use.

Breakup by Type:

Endoscopes

Endoscopy Visualization Systems

Endoscopy Visualization Components

Operative Devices



Breakup by Application:

Gastrointestinal Endoscopy

Urology Endoscopy

Laparoscopy

Gynecology Endoscopy

Arthroscopy

Others



Breakup by End Use:

Hospitals and Clinics

Ambulatory Surgical Centers

Others



Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa



Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Boston Scientific Corporation, Johnson & Johnson, FUJIFILM Holdings Corporation, HOYA Corporation, Karl Storz SE & Co. KG, Machida Endoscope Co. Ltd, Medtronic Plc, Olympus Corporation, Richard Wolf GmbH, Smith & Nephew plc and Stryker Corporation.

Key Questions Answered in This Report

1. What was the size of the global endoscopy devices market in 2022?

2. What is the expected growth rate of the global endoscopy devices market during 2023-2028?

3. What has been the impact of COVID-19 on the global endoscopy devices market?

4. What are the key factors driving the global endoscopy devices market?

5. What is the breakup of the global endoscopy devices market based on the type?

6. What is the breakup of the global endoscopy devices market based on the application?

7. What is the breakup of the global endoscopy devices market based on the end use?

8. What are the key regions in the global endoscopy devices market?

9. Who are the key players/companies in the global endoscopy devices market?