Endoscopy Devices Market Introduction and Overview
According to SPER Market Research, the Global Endoscopy Devices Market is estimated to reach USD 91.1 billion by 2034 with a CAGR of 4.05%.
The report includes an in-depth analysis of the Global Endoscopy Devices Market, including market size and trends, product mix, Applications, and supplier analysis. The market for endoscopic equipment was valued at USD 61.25 billion in 2024 and is projected to expand at a compound annual growth rate (CAGR) of 4.05% between 2025 and 2034. The primary drivers expected to propel the market expansion throughout the projected period are the less invasive characteristics and reasonably priced post-procedure and pre-procedure costs of endoscopic devices. Additionally, a tendency toward the usage of disposable endoscopic components to reduce treatment costs and the risk of cross-contamination is anticipated to fuel market expansion over time.
By Product Insights: The product segment includes endoscopes, endoscopy visualization systems, endoscopy visualization components, and operative devices. The endoscopes segment led the market in 2024, holding the largest revenue share and is expected to grow the fastest in the forecast period. Increasing awareness and use of endoscopes in diagnostic and treatment procedures are fueling market growth. Endoscopes are vital for diagnosing complex diseases like cancer, GI disorders, urinary issues, and lung disorders. The flexible endoscopes segment was the largest in 2024, preferred by medical professionals for their safety, efficiency, and improved ergonomics compared to rigid endoscopes.
By End User Insights: The outpatient facilities' segment led the market in 2024, securing the largest revenue share. It is expected to grow the fastest during the forecast period. Outpatient centers like ambulatory surgery centers and diagnostic clinics are likely to see significant growth due to a rising preference for minimally invasive procedures, which lower costs and hospital stays. Additionally, quicker recovery and less discomfort from keyhole endoscopic methods are expected to increase the use of endoscopy devices in these facilities, boosting segment growth.
By Regional Insights: The market for endoscopic devices in North America held the biggest revenue share and dominated the industry in 2024. Endoscopic operations are becoming more and more necessary for diagnosis and treatment in North America due to the rising frequency of many ailments, including gastrointestinal (GI) disorders, respiratory difficulties, urological issues, gynecological concerns, and cancer.
Market Competitive Landscape:
The market is semi-consolidated and includes both global and local companies. An analysis focuses on some major international and local firms that hold market shares. Key players in the endoscopy devices market include Olympus Corporation, Boston Scientific Corporation, PENTAX Medical, FUJIFILM Holdings, Karl Storz GmbH, Stryker, Medtronic, Ambu A/S, and STERIS plc. These players are working on technological advancements to improve endoscopy procedures and drive market growth.
Recent Developments:
- In August 2024, Ambu gained CE mark approval for their next-generation duodenoscopy products, Ambu aBox 2 and Ambu aScope Duodeno 2, for ERCP operations.
- Olympus Corporation introduced the EVIS X1, a cutting-edge endoscopic system, in November 2023 as part of its current product line.
- Medtronic and the American Society for Gastrointestinal Endoscopy (ASGE) partnered in February 2022 to provide AI-powered colonoscopy technology for colorectal cancer screening in underprivileged U.S. communities.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2021-2034 |
Base year considered | 2024 |
Forecast period | 2025-2034 |
Segments covered | By Product, By End-User. |
Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa. |
Companies Covered | Olympus Corporation, Boston Scientific Corporation, PENTAX Medical (Hoya Corporation), FUJIFILM Holdings Corporation, Karl Storz GmbH & Co., KG, Stryker, Medtronic, Ambu A/S, STERIS plc. |
Key Topics Covered in the Report:
- Global Endoscopy Devices Market Size (FY’2021-FY’2034)
- Overview of Global Endoscopy Devices Market
- Segmentation of Global Endoscopy Devices Market By Product (Endoscopes, Endoscopy Visualization Systems, Endoscopy Visualization Components, Operative Devices)
- Segmentation of Global Endoscopy Devices Market By End User (Hospitals, Outpatient Facilities)
- Statistical Snap of Global Endoscopy Devices Market
- Expansion Analysis of Global Endoscopy Devices Market
- Problems and Obstacles in Global Endoscopy Devices Market
- Competitive Landscape in the Global Endoscopy Devices Market
- Details on Current Investment in Global Endoscopy Devices Market
- Competitive Analysis of Global Endoscopy Devices Market
- Prominent Players in the Global Endoscopy Devices Market
- SWOT Analysis of Global Endoscopy Devices Market
- Globa Endoscopy Devices Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Endoscopy Devices Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Endoscopy Devices Market
7. Global Endoscopy Devices Market, By Product (USD Million) 2021-2034
7.1. Endoscopes
7.1.1. Reusable Endoscopes
(a) Rigid Endoscopes
1. Laparoscopes
2. Arthroscopes
3. Ureteroscopes
4. Cystoscopes
5. Gynecology Endoscopes
6. Neuroendoscopes
7. Bronchoscopes
8. Hysteroscopes
9. Laryngoscopes
10. Sinuscopes
11. Otoscopes
12. Pharyngoscopes
13. Nasopharyngoscopes
14. Rhinoscopes
(b) Flexible Endoscopes
1. Laparoscopes
2. Arthroscopes
3. Ureteroscopes
4. Cystoscopes
5. Gynecology Endoscopes
6. Neuroendoscopes
7. Bronchoscopes
8. Hysteroscopes
9. Laryngoscopes
10. Sinuscopes
11. Otoscopes
12. Pharyngoscopes
13. Nasopharyngoscopes
14. Rhinoscopes
(c) Capsule Endoscopes
(d) Robot- Assisted Endoscopes
7.1.2. Disposable Endoscopes
1. Laparoscopes
2. Arthroscopes
3. Ureteroscopes
4. Cystoscopes
5. Gynecology Endoscopes
6. Neuroendoscopes
7. Bronchoscopes
8. Hysteroscopes
9. Laryngoscopes
10. Otoscopes
11. Nasopharyngoscopes
12. Rhinoscopes
7.2. Endoscopy Visualization Systems
7.2.1. Standard Definition (SD) Visualization Systems
(a) 2D Systems
(b) 3D Systems
7.2.2. High Definition (HD) Visualization Systems
(a) 2D Systems
(b) 3D Systems
7.3. Endoscopy Visualization Components
7.3.1. Reusable Endoscopy Visualization Components
(a) Camera Heads
(b) Insufflators
(c) Light Sources
(d) High-Definition Monitors
(e) Suction Pumps
(f) Video Processors
7.3.2. Disposable Endoscopy Visualization Components
(a) Camera Heads
(b) Insufflators
(c) Light Sources
(d) Suction Pumps
7.4. Operative Devices
7.4.1. Reusable Operative Devices
(a) Energy Systems
(b) Access Devices
(c) Suction & Irrigation Systems
(d) Hand Instruments
(e) Wound Retractors
(f) Snares
7.4.2. Disposable Operative Devices
(a) Energy Systems
(b) Access Devices
(c) Suction & Irrigation Systems
(d) Hand Instruments
(e) Wound Retractors
(f) Snares
8. Global Endoscopy Devices Market, By End User (USD Million) 2021-2034
8.1. Hospitals
8.2. Outpatient Facilities
9. Global Endoscopy Devices Market, (USD Million) 2021-2034
9.1. Global Endoscopy Devices Market Size and Market Share
10. Global Endoscopy Devices Market, By Region, (USD Million) 2021-2034
10.1. Asia-Pacific
10.1.1. Australia
10.1.2. China
10.1.3. India
10.1.4. Japan
10.1.5. South Korea
10.1.6. Rest of Asia-Pacific
10.2. Europe
10.2.1. France
10.2.2. Germany
10.2.3. Italy
10.2.4. Spain
10.2.5. United Kingdom
10.2.6. Rest of Europe
10.3. Middle East and Africa
10.3.1. Kingdom of Saudi Arabia
10.3.2. United Arab Emirates
10.3.3. Qatar
10.3.4. South Africa
10.3.5. Egypt
10.3.6. Morocco
10.3.7. Nigeria
10.3.8. Rest of Middle-East and Africa
10.4. North America
10.4.1. Canada
10.4.2. Mexico
10.4.3. United States
10.5. Latin America
10.5.1. Argentina
10.5.2. Brazil
10.5.3. Rest of Latin America
11. Company Profile
11.1. Olympus Corporation
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. Boston Scientific Corporation
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. PENTAX Medical (Hoya Corporation)
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. FUJIFILM Holdings Corporation
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. Karl Storz GmbH & Co., KG
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Stryker
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Medtronic
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Ambu A/S
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.