Electronic Gastroscope Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.7 Billion by 2030, growing at a CAGR of 8.1% from 2024 to 2030.
During this period, North America and Europe were dominant regions due to advanced healthcare infrastructure and significant research investments. However, the Asia Pacific region saw the fastest growth, owing to increasing healthcare accessibility, improved economic conditions, and higher healthcare awareness. The demand for electronic gastroscopes was also fueled by the increasing number of diagnostic procedures, as well as advancements in imaging technologies, such as high-definition scopes and narrow-band imaging systems. Manufacturers focused on creating more compact, user-friendly models with enhanced capabilities, thus pushing the market forward.
The electronic gastroscope market outlook for 2023 to 2033 is even more promising. As the world continues to recover from the global pandemic, the demand for medical diagnostic tools is expected to rise even more sharply. Technological innovation, such as the development of robotic endoscopy and AI-assisted diagnostics, is expected to drive the market forward. Furthermore, the shift towards outpatient procedures and telemedicine could create new opportunities for portable, affordable gastroscopes. Governments and private organizations are also likely to increase investments in healthcare to ensure better access and outcomes, which will further boost demand for gastroscopes.
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The electronic gastroscope market has witnessed substantial growth from 2018 to 2022. This period saw increased demand due to advancements in medical technology and rising awareness of gastrointestinal (GI) diseases. As healthcare systems focused more on early detection and less invasive procedures, the electronic gastroscope emerged as an essential tool. This period also saw strong adoption rates across hospitals, clinics, and diagnostic centers globally. The market was driven by an aging population and rising incidences of GI disorders, such as acid reflux, Crohn's disease, and colorectal cancer. The rise of minimally invasive procedures also spurred growth, with electronic gastroscopes offering greater accuracy, comfort, and reduced recovery times for patients.
Olympus
Aohua Endoscopy
ENDOMED
Sonoscape
Huger
Pentax Medical
FUJIFILM
KARL STORZ
Welch Allyn
Ambu
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 Electronic Gastroscope Market
Hospital
Clinic
Others
Based on Types the Market is categorized into Below types that held the largest Electronic Gastroscope market share In 2023.
Children's Gastroscope
Adult Gastroscope
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, 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 Electronic Gastroscope 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 Electronic Gastroscope Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Electronic Gastroscope Market, By Type
6. Global Electronic Gastroscope Market, By Application
7. Global Electronic Gastroscope Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Electronic Gastroscope Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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