Analyze and identify the major players in the market, their market share, key developments, etc.
To understand the capability of the major players based on products offered, financials, and strategies.
Identify disrupting products, companies, and trends.
To identify opportunities in the market.
Analyze the regional penetration of players, products, and services in the market.
Comparison of major players financial performance.
Evaluate strategies adopted by major players.
Recommendations
Global Endoscopes Market
Introduction
The Global Endoscopes Market is a key sector within the medical devices industry that utilizes medical instruments for minimally invasive diagnostic and therapeutic procedures. Gastroenterology, urology, pulmonology, and gynaecology use endoscopes, assisting clinicians to provide better patient outcomes as they obtain real-time visuals. Trends over the past few years show advanced technology incorporated into 4K imaging, robotic-assisted endoscopes, and single-use endoscopes to prevent cross-contamination. The market size stood at around USD 12 billion in 2023 and is estimated to expand at a compound annual growth rate (CAGR) of 7.5% by 2030. This can be attributed to the increasing incidence of chronic diseases, rising geriatric populations, and heightened awareness about minimally invasive procedures.
Segmentation
Diagnostic Devices
Upper Gastrointestinal (GI) Endoscopes
Surgical Endoscopes
Disposable Endoscopes
Endoscopic Accessories
Video Gastroscopes
Flexible Gastroscopes
Others
Lower Gastrointestinal (GI) Endoscopes
Colonoscopes
Sigmoidoscopes
Pulmonary Endoscopes
Bronchoscopes
Tracheoscopes
Laparoscopic Devices
Basic Laparoscopes
Advanced Robotic Laparoscopes
Arthroscopic Devices
Diagnostic Arthroscopes
Therapeutic Arthroscopes
ENT Endoscopes
Sinuscopes
Nasopharyngoscopes
Others
Single-Use Gastrointestinal Endoscopes
Disposable Gastroscopes
Disposable Colonoscopes
Single-Use Bronchoscopes
Diagnostic Bronchoscopes
Therapeutic Bronchoscopes
Others
Endoscopic Cameras
Standard Cameras
High-Definition (HD) Cameras
Surgical Instruments
Biopsy Forceps
Snare Devices
Others
List of Market Players
Olympus Corporation (Japan)
Karl Storz SE & Co. KG (Germany)
Fujifilm Holdings Corporation (Japan)
Boston Scientific Corporation (USA)
Stryker Corporation (USA)
Medtronic PLC (Ireland)
Ethicon, Inc. (USA)
Smith & Nephew PLC (UK)
Pentax Medical (Japan)
Ambu A/S (Denmark)
Hoya Corporation (Japan)
Richard Wolf GmbH (Germany)
Intuitive Surgical, Inc. (USA)
Cook Medical (USA)
B. Braun Melsungen AG (Germany)
Drivers
A combination of factors drives the Global Endoscopes Market. Gastrointestinal, pulmonary, and chronic diseases have seen a rise in cases, thereby increasing the demand for advanced diagnostic tools. Advances in technology, such as 3D imaging and AI-integrated systems, have improved diagnostic accuracy and procedural efficiency. Moreover, the growing trend of minimally invasive surgeries, which reduces recovery time and procedural risks, further propels market demand. Growing healthcare infrastructure in emerging economies and government initiatives to improve access to advanced medical technologies further stimulate growth. The aging population, which is more susceptible to diseases requiring endoscopic interventions, remains a significant contributor to the market's expansion.
Restraints
Despite promising growth, there are some major challenges to the Global Endoscopes Market. High costs involved in endoscopic procedures and equipment tend to delay its adoption mainly in developing countries. Reimbursement issues along with differences in regulations in other countries are considered to be hurdles in entering a country's market. Furthermore, advanced endoscopic systems require training by specialized experts and, thus, limit its use. Inadequate sterilization of equipment leads to the fear of contamination and infections. This hampers market growth, especially in resource-limited settings. Repeated maintenance and repair add to operational costs, and thus smaller healthcare facilities are deterred from investing in these technologies.
6. Opportunity
Opportunities in the Global Endoscopes Market are immense, driven by innovation and increasing access to healthcare. Emerging markets in Asia-Pacific and Latin America are expected to offer significant growth opportunities due to increasing healthcare expenditure and a growing middle class. Disposable endoscopes have reduced infection risks and improved patient safety, creating new opportunities for adoption. Artificial intelligence is being integrated for real-time diagnostics and automation in surgical procedures, which is revolutionizing the industry. Partnerships between manufacturers and healthcare providers to deliver cost-effective solutions are likely to bolster market penetration. Moreover, flex and ultra-slim endoscopes with new applications allow for further scope in the niche field.
7. Trend
Transformative trends are being observed in the Global Endoscopes Market. Single-use endoscopes are more effective at eliminating risks for cross-contamination, and so this market is getting all the momentum. The use of AI in endoscopic systems allows for real-time image analysis, thereby increasing the precision in diagnoses. Robotic-assisted endoscopic surgeries are changing the face of medical science by using accurate motion control and 3D visualization. Compact and portable endoscopes are increasingly becoming popular among ambulatory and home-care customers. The market is seeing increased adoption of telemedicine-compatible equipment, allowing telemedicine services during remote consultations or procedures. It is also discovering sustainability initiatives; the components themselves are becoming increasingly recyclable.
da Vinci SP Surgical System (Intuitive Surgical, Inc.)
SpyGlass DS System (Boston Scientific Corporation)
EndoEye Flex 3D (Olympus Corporation)
9. Key Target Audience
Hospitals and Clinics
Ambulatory Surgical Centers
Diagnostic Laboratories
Research Institutes
Medical Device Distributors
10. Frequently Asked Questions (FAQ's)
The market size was valued at approximately USD 12 billion in 2023.
Rising chronic diseases, advancements in technology, and demand for minimally invasive procedures.
North America leads due to advanced healthcare infrastructure and high adoption rates.
High costs, regulatory hurdles, and sterilization concerns are key challenges.
Olympus Corporation, Karl Storz, Fujifilm Holdings, and Boston Scientific are major players.
Table of Contents
1. Introduction
1.1 Report Description
1.2 Research Methodology
1.2.1 Data Mining
1.2.2 Market Modelling and Forecasting
1.2.3 Data Validation
1.2.4 Industry Analysis
2. Market Dashboard
3. Market Overview
3.1 Market Definition and Scope
3.2 Market Segmentation
3.2.1 By Treatment Type
3.2.1.1 Diagnostic Devices
3.2.1.2 Surgical Endoscopes
3.2.1.3 Disposable Endoscopes
3.2.1.4 Endoscopic Accessories
3.2.2 By End-User
3.2.2.1 Hospitals and Clinics
3.2.2.2 Ambulatory Surgical Centers
3.2.2.3 Diagnostic Laboratories
3.2.2.4 Research Institutes
3.2.3 By Distribution Channel
3.2.3.1 Hospital Pharmacies
3.2.3.2 Retail Pharmacies
3.2.3.3 Online Pharmacies
3.2.4 By Geography
4. Global Endoscopes Market by Treatment Type
4.1 Introduction
4.2 Market Size and Growth Rate by Treatment Type (2024-2030)
4.2.1 Diagnostic Devices
4.2.1.1 Upper Gastrointestinal (GI) Endoscopes
4.2.1.2 Lower Gastrointestinal (GI) Endoscopes
4.2.1.3 Pulmonary Endoscopes
4.2.2 Surgical Endoscopes
4.2.2.1 Laparoscopic Devices
4.2.2.2 Arthroscopic Devices
4.2.2.3 ENT Endoscopes
4.2.3 Disposable Endoscopes
4.2.3.1 Single-Use Gastrointestinal Endoscopes
4.2.3.2 Single-Use Bronchoscopes
4.2.4 Endoscopic Accessories
4.2.4.1 Endoscopic Cameras
4.2.4.2 Surgical Instruments
5. Global Endoscopes Market by End-User
5.1 Introduction
5.2 Market Size and Growth Rate by End-User (2024-2030)
5.2.1 Hospitals and Clinics
5.2.2 Ambulatory Surgical Centers
5.2.3 Diagnostic Laboratories
5.2.4 Research Institutes
6. Global Endoscopes Market by Distribution Channel
6.1 Introduction
6.2 Market Size and Growth Rate by Distribution Channel (2024-2030)
6.2.1 Hospital Pharmacies
6.2.2 Retail Pharmacies
6.2.3 Online Pharmacies
7. Global Endoscopes Market by Geography
7.1 Introduction
7.2 Market Size and Growth Rate by Region (2024-2030)
7.2.1 North America
7.2.1.1 United States
7.2.1.2 Canada
7.2.2 Europe
7.2.2.1 Germany
7.2.2.2 France
7.2.2.3 United Kingdom
7.2.2.4 Rest of Europe
7.2.3 Asia Pacific
7.2.3.1 China
7.2.3.2 Japan
7.2.3.3 India
7.2.3.4 Southeast Asia
7.2.3.5 Rest of Asia Pacific
7.2.4 Latin America
7.2.4.1 Brazil
7.2.4.2 Rest of Latin America
7.2.5 Middle East & Africa (MEA)
7.2.5.1 GCC 7.2.5.2 North Africa
7.2.5.3 South Africa
7.2.5.4 Rest of Middle East & Africa
8. Competitive Landscape
8.1 Company Profiles
8.1.1 Olympus Corporation (Japan)
8.1.2 Karl Storz SE & Co. KG (Germany)
8.1.3 Fujifilm Holdings Corporation (Japan)
8.1.4 Boston Scientific Corporation (USA)
8.1.5 Stryker Corporation (USA)
8.1.6 Medtronic PLC (Ireland)
8.1.7 Ethicon, Inc. (USA)
8.1.8 Smith & Nephew PLC (UK)
8.1.9 Pentax Medical (Japan)
8.1.10 Ambu A/S (Denmark)
8.1.11 Hoya Corporation (Japan)
8.1.12 Richard Wolf GmbH (Germany)
8.1.13 Intuitive Surgical, Inc. (USA)
8.1.14 Cook Medical (USA)
8.1.15 B. Braun Melsungen AG (Germany)
9. List of Tables and Figures
Table 1: Global Endoscopes Market Size by Region (2024-2030)
Table 2: Key Segments and Subsegments in the Market
Table 3: Regional Market Share Breakdown (2023)
Figure 1: Growth Projection of Global Endoscopes Market (2024-2030)
Figure 2: Technological Advancements in Endoscopy Devices
Research Methodology
The process of market research at Ultra Market Research is an iterative in application and usually follows following path. Information from secondary used to build data models, then results from data models are validated from primary participants. Then cycle repeats where, according to inputs from primary participants, additional secondary research is done, and new Information is again incorporated into data model. The process continues till desired level of Information is not generated.To calculate the market size, the report considers the revenue generated from the sales of Ultra Market Research providers. The revenue generated from the sales of Ultra Market Research has been calculated through primary and secondary research. The report also presents the key players operating in the Ultra Market Research market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes distribution channel segmentation determined using secondary sources and verified through primary sources.
Secondary Research
The secondary research source that are typically referred to include, but are not limited to:
Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
Internal and external proprietary databases, relevant patent and regulatory databases
National government documents, statistical databases and market reports
News articles, press releases and web-casts specific to the companies operating in the market
The source for secondary research includes but is not limited to: Factiva, Hoovers and Statista
Inner Circle Represents – Stage of Research Process
Middle Circle Represents – Source of Information
Outer Circle Represents – Information Derived from that source
Primary Research We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following functions:
It provides first-hand Information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
Helps in validating and strengthening the secondary research findings
Further develops the analysis team’s expertise and market understanding
Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies
The participants who typically take part in such a process include, but are not limited to:
Industry participants: CEOs, VPs, marketing/ distribution channel managers, market intelligence managers and national sales managers
Purchasing managers, technical personnel, distributors and resellers
Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
Key opinion leaders specializing in different areas corresponding to different industry distribution channels
Models Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data distribution channels to produce estimates:
Demographic data: Population split by segment
Macro-economic indicators: GDP, etc.
Industry indicators: Expenditure, distribution channel stage & infrastructure, sector growth and facilities.
Data is then cross checked by the expert panel.
2..1 Company Share Analysis Model
Company share analysis is used to derive the size of Global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps: 2..2 Revenue Based Modeling
Revenue based models can be built in two ways – Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach where as it acts as starting point for top-down approach.
2.1 Research Limitations Inflation is not a part of pricing in this report. Prices of Global Endoscopes Market and its derivatives vary in each region and hence similar revenue ratio does not follow for each individual region. The same price for each distribution channel has been taken into account while estimating and forecasting market revenue Globally. Regional average price has been considered while breaking down this market by application in each region. This report provides market size of Global Endoscopes Market for the past year and forecasts for the next six years. Global Endoscopes Market size is given in terms of revenue. Market revenue is defined in USD Million. Market numbers are given on the basis of different Global Endoscopes Market categories. Market size and forecasts for each major application is provided in the context of Global market. The numbers provided in this report are derived on the basis of demand for Global Endoscopes Market from different application industries in different regions.
