Endoscopy Devices Market Research Report 2023-2028

IMARC Group has recently released a new research study titled “Endoscopy Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

How big is the endoscopy devices market?

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 7.2% during 2023-2028.

What are endoscopy devices?

Endoscopy devices are slender tubes that are introduced into the body through incisions or the mouth for the purpose of inspecting various internal organs such as the bladder, esophagus, ears, nose, stomach, colon, throat, heart, urinary tract, joints, and abdomen. Equipped with a camera and a light source, these devices assist medical professionals in conducting biopsies, as well as in performing laparoscopic and arthroscopic surgeries.

Currently, endoscopy devices are readily available in a variety of lengths and flexibilities, tailored to specific diagnostic needs. They enable surgical procedures to be carried out on patients, including the treatment of complex diseases like cancer. Consequently, doctors extensively rely on endoscopy equipment for joint examinations, with flexible fiber-optic instruments serving a wide range of applications in colon assessment.

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Endoscopy Devices Market Growth Drivers and Trends:

The increasing prevalence of cancer and gastrointestinal disorders is the primary driving force behind the growth of the endoscopy devices market. Furthermore, the widespread adoption of these procedures, which offer minimal risk of complications, reduced post-operative pain, quicker healing, lighter anesthesia, and shorter hospital stays, is further accelerating market expansion. Additionally, the market is benefiting from the rising use of endoscopy devices to investigate unusual symptoms such as dysphagia, diarrhea, weight loss, heartburn, and stool blood, along with the expanding pediatric population, which are significant factors contributing to its growth.

Moreover, key market players are positively influencing the global market by developing capsule or robot-assisted endoscopy devices equipped with ultra-high-definition (UHD) visualization systems. These innovations are also providing advanced video equipment and user-friendly light sources to facilitate the use of endoscopy devices in microsurgical techniques, thus further boosting market growth. Additionally, the increasing demand for reduced post-surgical complications is expected to drive the endoscopy devices market in the foreseeable future.

Major Players Covered:

Endoscopy Devices Companies: 

Market Segmentation:

The report has segmented the endoscopy devices market on the basis of type, application, end use and region.

The most important types of Endoscopy Devices products covered in this report are:

Breakup by Type:

Based on Application:

Based on End Use:

Geographical Analysis:

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Key Highlights of the Report:

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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