Ultra Market Research | Global Endoscopy Devices Market
Global Endoscopy Devices Market
Report ID : 931
Category : Medical-Devices
No Of Pages : 80
Published on: January 2025
Status: Published
Format :
Key Question Answer
Global Market Outlook
In-depth analysis of global and regional trends
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 Endoscopy Devices Market
Introduction
The Global Endoscopy Devices Market is considered the foundation upon which modern diagnostics and minimally invasive surgery depends. It represents the means by which internal organs and tissues can be visualized. This will enhance early diagnosis and treatment, among other medical issues, thereby boosting the gastroenterology, pulmonology, urology, gynecology, and orthopedic fields. The market is driven by technology advancements such as high-definition imaging and AI-enabled systems, together with an increasing incidence of gastrointestinal disorders and a growing geriatric population. As of 2023, the global market was estimated at USD 45 billion, with an expected CAGR of 7.8% from 2023 to 2030, indicating strong demand in both developed and emerging markets.
Segmentation
By Product Type
Endoscopes
Flexible Endoscopes
Fiber-Optic Endoscopes
Video Endoscopes
Others
Rigid Endoscopes
Laparoscopes
Arthroscopes
Capsule Endoscopes
Visualization Systems
High-Definition Systems
Standard-Definition Systems
Accessories
Biopsy Forceps
Cleaning Brushes
Others
By Application
Gastroenterology
Upper GI Procedures
Lower GI Procedures
Others
Pulmonology
Bronchoscopies
Thoracoscopies
Urology
Cystoscopies
Ureteroscopies
Gynecology
Hysteroscopies
Laparoscopies
Others
Neurology
Orthopedics
By End-User
Hospitals
Multi-Specialty Hospitals
Specialty Clinics
Ambulatory Surgical Centers (ASCs)
Diagnostic Centers
By Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Asia-Pacific
China
Japan
India
Latin America
Brazil
Mexico
Middle East and Africa
List of Market Players
Olympus Corporation (Japan)
Stryker Corporation (United States)
Karl Storz SE & Co. KG (Germany)
Boston Scientific Corporation (United States)
Medtronic plc (Ireland)
Hoya Corporation (Japan)
Fujifilm Holdings Corporation (Japan)
Richard Wolf GmbH (Germany)
Smith & Nephew plc (United Kingdom)
Ethicon, Inc. (United States)
ConMed Corporation (United States)
Cook Medical (United States)
Pentax Medical (Japan)
Ambu A/S (Denmark)
Intuitive Surgical, Inc. (United States)
Drivers
The increasing demand for minimally invasive procedures, which reduce patient recovery times and associated healthcare costs, propels the Global Endoscopy Devices Market. The growing incidences of gastrointestinal, urological, and respiratory disorders, as well as the growing geriatric population, have significantly boosted the adoption of endoscopic solutions. Furthermore, device efficiency and patient safety have been improved with technological advancements such as high-definition imaging, integration of AI for improved diagnostics, and development of disposable endoscopes. Investments in healthcare are increasing in emerging economies, thus accelerating the market growth further.
Restraints
Although promising, the market still faces significant challenges, such as the cost of advanced endoscopy devices, which can limit their use in developing regions. The absence of skilled professionals to operate complex endoscopic equipment will also negatively impact market growth, especially in rural areas. Additionally, the strict regulatory requirements for product approval and concerns over device contamination and infection control create additional barriers.
Opportunity
The growing interest in telemedicine and remote diagnostics will create significant growth opportunities for the Global Endoscopy Devices Market. Wireless capsule endoscopy and AI-based diagnostic tools are broadening the horizon of endoscopic procedures. Increased government and private sector investments in healthcare infrastructure, particularly in emerging economies, will create an attractive opportunity for market players. Manufacturers and healthcare providers' collaboration to deliver cost-effective solutions will also be a key driver for market growth.
Trend
The market is rising toward single-use, disposable endoscopes with less chance of cross-contamination risk and more patient safety. Artificial intelligence-powered endoscopic systems are increasingly being used to help clinicians in real time by detecting abnormalities and communicating with them to diagnose correctly. Portable endoscopy devices are growing popularity and are being used in ambulatory settings and are small and handy. Integration of virtual reality and augmented reality in the training programs of endoscopy procedures is one of the emerging trends that has been enhancing the skills of health care professionals.
Approved Products and Pipeline
Olympus EVIS EXERA III
Medtronic GI Genius Intelligent Endoscopy Module
Boston Scientific SpyGlass DS System
Fujifilm ELUXEO Video Imaging System
Ambu aScope 4 Broncho
Key Target Audience
Hospitals
Ambulatory Surgical Centers
Diagnostic Clinics
Research and Academic Institutes
Medical Device Distributors
Regulatory Agencies
Frequently Asked Question (FAQ's)
The market is projected to grow at a CAGR of Z% from 2024 to 2030.
North America currently holds the largest market share.
Rising demand for minimally invasive procedures and technological advancements.
Companies like Olympus, Stryker, and Boston Scientific are market leaders.
Adoption of disposable endoscopes and AI-powered diagnostics are key trends.
1. Introduction
1.1 Report Description 1.2 Research Methodology 1.2.1 Data Mining 1.2.2 Market Modeling 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 Product Type
Endoscopes
Flexible Endoscopes
Rigid Endoscopes
Capsule Endoscopes
Visualization Systems
Cameras
Monitors
Light Sources
Accessories
Insufflation Devices
Biopsy Forceps
Others 3.2.2 By Application
Gastrointestinal (GI) Endoscopy
Diagnostic Endoscopy
Therapeutic Endoscopy
Urology Endoscopy
Arthroscopy
Obstetrics/Gynecology Endoscopy
Hysteroscopy
Laparoscopy
Others 3.2.3 By End-User
Hospitals and Clinics
Ambulatory Surgical Centers (ASCs)
Diagnostic Centers
Others 3.2.4 By Geography
North America
United States
Canada
Europe
Germany
United Kingdom
France
Rest of Europe
Asia Pacific
China
Japan
India
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa (MEA)
GCC Countries
South Africa
Rest of MEA
4. Global Endoscopy Devices Market by Product Type
4.1 Introduction 4.2 Market Size and Growth Rate by Product Type (2024-2030) 4.2.1 Endoscopes
Flexible Endoscopes
Rigid Endoscopes
Capsule Endoscopes 4.2.2 Visualization Systems
Cameras
Monitors
Light Sources 4.2.3 Accessories
Insufflation Devices
Biopsy Forceps
Others
5. Global Endoscopy Devices Market by Application
5.1 Introduction 5.2 Market Size and Growth Rate by Application (2024-2030) 5.2.1 Gastrointestinal (GI) Endoscopy
6.1 Introduction 6.2 Market Size and Growth Rate by End-User (2024-2030) 6.2.1 Hospitals and Clinics 6.2.2 Ambulatory Surgical Centers (ASCs) 6.2.3 Diagnostic Centers 6.2.4 Others
7. Global Endoscopy Devices Market by Geography
7.1 Introduction 7.2 Market Size and Growth Rate by Region (2024-2030) 7.2.1 North America
United States
Canada 7.2.2 Europe
Germany
United Kingdom
France
Rest of Europe
7.2.3 Asia Pacific
China
Japan
India
Southeast Asia
Rest of Asia Pacific
7.2.4 Latin America
Brazil
Mexico
Rest of Latin America
7.2.5 Middle East & Africa (MEA)
GCC Countries
South Africa
Rest of MEA
8. Competitive Landscape
8.1 Company Profiles 8.1.1 Olympus Corporation (Japan) 8.1.2 Karl Storz GmbH & Co. KG (Germany) 8.1.3 Fujifilm Holdings Corporation (Japan) 8.1.4 Boston Scientific Corporation (United States) 8.1.5 Medtronic PLC (Ireland) 8.1.6 Stryker Corporation (United States) 8.1.7 Hoya Corporation (Japan) 8.1.8 Smith & Nephew PLC (United Kingdom) 8.1.9 Richard Wolf GmbH (Germany) 8.1.10 Cook Medical (United States) 8.1.11 Ethicon Endo-Surgery (United States) 8.1.12 PENTAX Medical (Japan) 8.1.13 CONMED Corporation (United States) 8.1.14 Ambu A/S (Denmark) 8.1.15 Cantel Medical (United States)
9. List of Tables and Figures
9.1 Tables
Market Size by Product Type, 2024-2030
Regional Market Share, 2024-2030
Competitive Analysis of Key Players
9.2 Figures
Global Market Share by Product Type
Growth Trends in Key Regions
Market Drivers and Restraints
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 Endoscopy Devices 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 Endoscopy Devices Market for the past year and forecasts for the next six years. Global Endoscopy Devices 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 Endoscopy Devices 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 Endoscopy Devices Market from different application industries in different regions.