Global Endoscopy Devices Market to Grow at 5.58% During 2025-2033, Impelled by Arrival of Innovative Variants

November 22, 2024 | Healthcare

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The latest report by IMARC Group, titled “Endoscopy Devices Market Report by Type (Endoscopes, Endoscopy Visualization Systems, Endoscopy Visualization Components, Operative Devices), Application (Gastrointestinal Endoscopy, Urology Endoscopy, Laparoscopy, Gynecology Endoscopy, Arthroscopy, and Others), End Use (Hospitals and Clinics, Ambulatory Surgical Centers, and Others), and Region 2025-2033,” finds that the global endoscopy devices market reached a value of USD 50.0 Billion in 2024. Endoscopy devices are minimally invasive (MI) medical devices that are used to diagnose and treat complications associated with visceral organs. They are thin tubes inserted inside the body to observe the internal organs and tissues. Endoscopy devices are used to perform non-surgical procedures, such as imaging and minor surgeries, as these devices are equipped with a camera and light source that assist physicians and medical professionals analyze internal organs of interest. These devices allow operations to be performed on patients and treat complex diseases like cancer.

Global Endoscopy Devices Market Trends:

The global endoscopy devices market is primarily driven by the increasing prevalence of chronic diseases, including cancer and gastrointestinal infections, that require endoscopic procedures. Besides this, these procedures include reduced post-operative pain, minimal risk of complications, rapid healing, lighter anesthesia, and a shorter hospital stay. Furthermore, rising awareness regarding the benefits associated with novel, minimally invasive (MI) endoscopy devices is resulting in their growing adoption. Besides this, the introduction of modern endoscopic devices, such as capsule endoscopes and robot-assisted endoscopy, that consist of ultra-high-definition visualization systems are propelling the market growth. Furthermore, the increasing utilization of endoscopy devices in arthroscopy, laparoscopy, bronchoscopy, and cystoscopy has escalated its demand across the globe. Looking forward, IMARC Group expects the market to reach USD 85.9 Billion by 2033, exhibiting a growth rate (CAGR) of 5.58% during 2025-2033.

Market Summary:

Based on the type, the market has been segmented into endoscopes, endoscopy visualization systems, endoscopy visualization components, and operative devices.
On the basis of the application, the market has been classified into gastrointestinal endoscopy, urology endoscopy, laparoscopy, gynecology endoscopy, arthroscopy, and others.
The market has been categorized based on the end use into hospitals and clinics, ambulatory surgical centers, and others.
Region-wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
The competitive landscape of the market has been examined, with some of the key players being Boston Scientific Corporation, Johnson & Johnson International Corporation, FUJIFILM Holdings Corporation, HOYA Corporation, Karl Storz SE & Co. KG, Machida Endoscope Co. Ltd, Medtronic Plc, Olympus Corporation, Richard Wolf GmbH, Smith & Nephew plc, and Stryker Corporation.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Segment Coverage	Type, Application, End Use, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Boston Scientific Corporation, Johnson & Johnson, FUJIFILM Holdings Corporation, HOYA Corporation, Karl Storz SE & Co. KG, Machida Endoscope Co. Ltd, Medtronic Plc, Olympus Corporation, Richard Wolf GmbH, Smith & Nephew plc and Stryker Corporation
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Endoscopy Devices Market to Grow at 5.58% During 2025-2033, Impelled by Arrival of Innovative Variants

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