Endoscopy Devices Market (By Product: Endoscopes, Flexible Endoscopes; By End-use: Hospitals, Outpatient Facilities) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2023-2032

The global endoscopy devices market size was estimated at around USD 50.84 billion in 2022 and it is projected to hit around USD 105.27 billion by 2032, growing at a CAGR of 7.55% from 2023 to 2032. The endoscopy devices market in the United States was accounted for USD 19.5 billion in 2022.

Report Coverage

Growth Factors

 Rising preference for minimally invasive surgeries in comparison with open surgeries, owing to benefits provided by minimally invasive surgeries and technological advancements in endoscopic devices and visualization systems are some of the factors boosting the market growth.

the growing adoption of minimally invasive surgical procedures has fueled the utilization of different types of endoscopes and endoscopy devices in surgical interventions such as bronchoscopy, laparoscopy, arthroscopy, and cystoscopy.

By Product Analysis

Based on product type, the endoscopy visualization systems segment dominated the market and accounted for a revenue share of 37% in 2022. This high share is attributable to benefits provided by high-definition visualization systems for treatment and diagnosis of complex health conditions such as GI disorders, cancer, urinary disorders, and lung disorders and increasing preference of healthcare professionals toward utilizing endoscopy visualization systems for better diagnosis and treatment.

the endoscopes segment is anticipated to witness the fastest CAGR of 9.05% during the forecast period. This growth is attributable to the increasing number of endoscopic surgeries and biopsies and the availability of different types of endoscopes for better treatment and diagnosis.

By Application Analysis

Based on application, the GI (gastrointestinal) endoscopy segment held the highest revenue share of 54.9% in 2020 owing to the growing burden of gastrointestinal diseases and the rising geriatric population.

The urology endoscopy segment is projected to grow at the fastest growth rate during the forecast period. An increase in urology surgeries and the rising burden of urological cancers are among the factors expected to drive the demand for urology endoscopies.

By End-use Analysis

based on end use, the hospitals segment dominated the market and accounted for the highest revenue share of 47.8%. This high share is attributable to substantially large adoption and usage of endoscopy devices in the hospitals as compared to other healthcare systems and favorable reimbursement policies.

The ambulatory surgery centers/clinics segment is expected to witness the fastest CAGR over the forecast period. Minimal discomfort due to keyhole surgeries, the lesser time required for endoscopy, and faster recovery time are some of the key factors that are supporting the demand for endoscopic interventions or surgeries in the ambulatory surgical centers/clinics systems.

By Regional Analysis

North America dominated the global endoscopy devices market and accounted for the largest revenue share of 42% in 2022 owing to the rising adoption of advanced technologies, growing preference for minimally invasive surgeries for reducing overall healthcare spending, and enhanced healthcare infrastructure.

Asia Pacific region is expected to exhibit significant growth over the forecast period. This is attributable to the higher demand for endoscopy-related technologies in this region. Some of the other factors are the growing geriatric population and improving health infrastructure.

Key Players

• Olympus Corporation

• Ethicon Endo-surgery, LLC.

• FUJIFILM Holdings Corporation

• Stryker Corporation

• Boston Scientific Corporation

• Karl Storz GmbH & Co. KG

• Smith & Nephew Inc.

• Richard Wolf GmbH

• Medtronic Plc (Covidien)

• PENTAX Medical

Market Segmentation

• By Endoscopy Devices Product

  • Endoscopes

    • Rigid Endoscopy Devices

      • Laparoscopes

      • Arthroscopes

      • Urology endoscopes

      • Cystoscopes

      • Gynecology endoscopes

      • Neuroendoscopes

      • Other rigid endoscopes

    • Flexible Endoscopy Devices

      • Upper gastrointestinal endoscopes

      • Colonoscopes

      • Bronchoscopes

      • Sigmoidoscopes

      • Laryngoscopes

      • Pharyngoscopes

      • Duodenoscopes

      • Nasopharyngoscopes

      • Rhinoscopes

      • Other flexible Endoscopy Devices

    • Capsule Endoscopy Devices

    • Disposable Endoscopy Devices

    • Robot-Assisted Endoscopy Devices

  • Endoscopy Visualization Systems

    • Standard Definition (SD) Visualization Systems

      • 2D systems

      • 3D systems

    • High Definition (HD) Visualization Systems

      • 2D systems

      • 3D systems

  • Endoscopy Visualization Component

  • Camera Heads

  • Insufflators

  • Light Sources

  • High Definition Monitors

  • Suction Pumps

  • Video Processors

  • Operative Devices

    • Energy Systems

    • Access Devices

    • Suction & Irrigation Systems

    • Hand Instruments

    • Wound Retractors

    • Snares

• By Endoscopy Devices Application

  • Gastrointestinal (GI) endoscopy

  • Laparoscopy

  • Obstetrics/gynecology endoscopy

  • Arthroscopy

  • Urology endoscopy (cystoscopy)

  • Bronchoscopy

  • Mediastinoscopy

  • Otoscopy

  • Laryngoscopy

  • Other applications

• By Endoscopy Devices End-use

  • Hospitals

  • Ambulatory surgery centers

  • Other end uses

• By Endoscopy Devices Region

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • Italy

    • France

    • Spain

    • Russia

    • Switzerland

    • Denmark

  • Asia Pacific

    • Australia

    • China

    • Japan

    • Australia

    • New Zealand

    • Thailand

    • Indonesia

    • Malaysia

    • Vietnam

    • Philippines

  • Latin America

    • Mexico

    • Brazil

    • Argentina

  • Middle East Africa

    • South Africa

    • Saudi Arabia

    • UAE

    • Kuwait

    • Israel

    • Qatar

The Endoscopy Devices market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Endoscopy Devices market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Endoscopy Devices market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Endoscopy Devices market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Endoscopy Devices market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Endoscopy Devices capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Endoscopy Devices by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Endoscopy Devices market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Endoscopy Devices market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Endoscopy Devices market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Endoscopy Devices industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

Endoscopy Devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Endoscopy Devices market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Endoscopy Devices market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Endoscopy Devices market. These factors have benefited the growth of the global market for Endoscopy Devices. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Endoscopy Devices. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Endoscopy Devices are as follows:

• History Year: 2017-2020

• Base Year: 2021

• Forecast Year 2021 to 2030

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

The study objectives of this report are:

• To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
• Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.