Global Endoscopy Device Market was valued at USD 8.3 Billion in 2022 and is projected to reach USD 12.3 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
The endoscopy device market has witnessed significant growth in recent years, driven by technological advancements and a rising preference for minimally invasive procedures. Valued at approximately USD 61.06 billion in 2024, the market is projected to expand at a compound annual growth rate (CAGR) of 3.79% from 2025 to 2030, reaching USD 64.15 billion by 2030. This growth is attributed to the increasing prevalence of chronic diseases, an aging global population, and the continuous development of innovative endoscopic technologies.
Key factors contributing to this upward trend include:
Technological Innovations: The introduction of high-definition imaging systems, capsule endoscopy, and robot-assisted procedures has enhanced diagnostic accuracy and patient outcomes.
Rising Demand for Minimally Invasive Surgeries: Patients and healthcare providers are increasingly opting for endoscopic procedures due to reduced recovery times, lower risks of complications, and cost-effectiveness.
Growing Geriatric Population: The elderly are more susceptible to conditions requiring endoscopic interventions, such as gastrointestinal disorders, thereby fueling market demand.
In India, the endoscopy devices market is experiencing robust growth. Estimated at USD 1.48 billion in 2025, it is expected to reach USD 2.06 billion by 2030, reflecting a CAGR of 6.9%. Factors such as the increasing burden of chronic diseases, heightened awareness of minimally invasive procedures, and improvements in healthcare infrastructure contribute to this expansion.
Leading companies in the global endoscopy device market include Olympus Corporation, KARL STORZ SE & Co. KG, Boston Scientific Corporation, Johnson & Johnson, and Stryker Corporation. These industry leaders are investing heavily in research and development to introduce advanced endoscopic solutions, thereby maintaining a competitive edge.
As a healthcare professional, I have observed firsthand the transformative impact of modern endoscopic technologies. Procedures that once required open surgery can now be performed endoscopically, resulting in quicker patient recovery and reduced hospital stays. The integration of high-definition cameras and improved visualization systems has significantly enhanced our ability to diagnose and treat various conditions with greater precision.
However, challenges persist. The high cost of advanced endoscopy devices and a shortage of trained professionals, especially in developing regions, may hinder market growth. Additionally, limited reimbursement policies in certain countries can affect the adoption of these technologies.
Despite these challenges, the future of the endoscopy device market appears promising. Ongoing technological advancements, coupled with increasing global healthcare investments, are expected to drive further growth. The shift towards single-use endoscopes to prevent cross-contamination and the development of AI-assisted diagnostic tools are among the trends to watch in the coming years.
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Endoscopy Device Market
Hospital & Clinic
ASCs
Others
Based on Types the Market is categorized into Below types that held the largest Endoscopy Device market share In 2023.
Rigid Endoscopes
Flexible Endoscopes
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Endoscopy Device Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Endoscopy Device Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Endoscopy Device Market, By Type
6. Global Endoscopy Device Market, By Application
7. Global Endoscopy Device Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Endoscopy Device Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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