United States Gastroscopy Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.0 Billion by 2030, growing at a CAGR of 8.0% from 2024 to 2030.
The US gastroscopy market has seen significant growth due to an increasing demand for minimally invasive diagnostic procedures, fueled by the rising prevalence of gastrointestinal disorders. Gastroscopy, commonly known as endoscopy, is a procedure used to examine the upper part of the digestive system, such as the esophagus, stomach, and duodenum. It provides critical insights for diagnosing conditions like ulcers, gastroesophageal reflux disease (GERD), and cancers of the digestive tract. The market's expansion is not only attributed to the technological advancements in gastroscopy equipment but also the heightened awareness and preventative healthcare measures in the country.
As the demand for early diagnosis of digestive diseases rises, industries across healthcare, pharmaceuticals, and medical devices are seeing the necessity for advanced gastroscopy systems. Hospitals, diagnostic centers, and specialty clinics are investing heavily in high-definition gastroscopes, offering enhanced image quality and precision. These devices are designed with user-friendly interfaces and improved ergonomics, making procedures faster and safer for both patients and healthcare providers. Moreover, the rise in geriatric populations and an increase in lifestyle diseases are expected to drive the need for gastroscopic interventions further.
The market demand is also influenced by the various types of gastroscopy equipment available. Rigid gastroscopes, fiber-optic systems, and flexible endoscopes are the major products being utilized, with flexible endoscopes being the most preferred due to their versatility and ability to maneuver around the digestive tract. Technological improvements such as robotic-assisted gastroscopy and real-time imaging systems are further boosting the market's growth, as these innovations enhance diagnostic accuracy and patient outcomes.
Industries, particularly those involved in medical devices, are experiencing a surge in demand for innovative gastroscopy solutions. Manufacturers are focusing on enhancing the features of these devices, improving the ease of use, and reducing the associated risks of the procedure. Additionally, rising healthcare expenditure and government support for advanced diagnostic technologies are expected to further bolster the gastroscopy market. The healthcare industry's transition toward a more patient-centric approach, prioritizing early detection and intervention, is expected to sustain the market's upward trajectory in the coming years.
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ANX ROBOTICA
ENDOMED
Aohua Endoscopy
PENTAX MEDICAL
FUJIFILM
OLYMPUS
Boston Scientific Corporation
Ambu
SonoScape
MICRO-TECH ENDOSCOPY
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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 US Gastroscopy Market
Flexible Endoscopes
Rigid Endoscopes
Accessories & Consumables
Visualization Systems
Diagnostic Gastroscopy
Therapeutic Gastroscopy
Screening Gastroscopy
Emergency Gastroscopy
Esophageal Disorders
Stomach Disorders
Duodenal Disorders
Gastrointestinal Bleeding
Hospitals
Outpatient Surgery Centers
Specialty Clinics
Academic Medical Centers
Conventional Gastroscopy
Endoscopic Ultrasound (EUS)
Capsule Endoscopy
Virtual Gastroscopy
US (United States, US 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 US Gastroscopy 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. US Gastroscopy Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Gastroscopy Market, By Type
6. US Gastroscopy Market, By Application
7. US Gastroscopy Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Gastroscopy Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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