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Surge in Gastrointestinal Disorders Fuels Endoscopy Market Growth: Expanding at a CAGR of 7.0% to Reach $22.11 Billion by 2029

01-27-2025 12:51 PM CET | Health & Medicine

Press release from: The Business Research Company

Gastrointestinal Endoscopy Market Size

Gastrointestinal Endoscopy Market Size

Insights into the growing presence of gastrointestinal disorders and advancements in endoscopic procedures illuminate the future of the gastrointestinal endoscopy market.

What Is The Projected Market Size Of The Global Gastrointestinal Endoscopy Market And Its Growth Rate?
The global gastrointestinal endoscopy market has seen persistent growth due to rising healthcare needs and innovations in medical technology.
• The market grew from $15.82 billion in 2024 to an estimated $16.85 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%.
• The forecast period shows even stronger growth, with the market set to reach $22.11 billion in 2029, growing at a CAGR of 7.0%.

What Is Driving The Growth In The Gastrointestinal Endoscopy Market?
Increasing prevalence of gastrointestinal disorders is the major driver of growth in the gastrointestinal endoscopy market. Identifying abnormalities, obtaining tissue samples for biopsy, and performing therapeutic interventions are some of the uses for endoscopy in diagnosing and treating gastrointestinal diseases. For example, according to Cancer Research UK, the incidence rate of pancreatic cancer is expected to rise by 5% from 2023 to 2025. In addition, a Journal of the Canadian Association of Gastroenterology article predicts a rise in the incidence rate of inflammatory bowel disease in Canada, from 825 per 100,000 in 2023 to 1075 per 100,000 in 2035. So, the increasing prevalence of gastrointestinal disorders drives the gastrointestinal endoscopy market.

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Who Are the Key Players Driving Gastrointestinal Endoscopy Market Growth?

• Medtronic plc
• Johnson & Johnson MedTech
• FUJIFILM Holdings Corporation
• Stryker Corporation
• Boston Scientific Corporation
• Envaste Limited
• Olympus Corporation
• Intuitive Surgical Inc.
• HOYA Corporation
• Smith & Nephew Plc
• Steris plc
• Coloplast AS
• Teleflex Incorporated
• Cook Group Inc.
• Karl Storz SE & Co. KG
• Ambu A/S
• Richard Wolf GmbH
• SonoScape Medical Corp.
• EndoChoice Holdings Inc.
• Allied Digestive Health LLC
• Endogastric Solutions Inc.
• Micro-Tech Endoscopy Inc.
• CapsoVision Inc.
• Medrobotics Corporation
• EndoMed Systems GmbH
• Motus GI Holdings Inc.
• Endogene Ltd.

What Are The Key Trends In The Gastrointestinal Endoscopy Market?
Major trends in the market include:
• Increasing use of artificial intelligence in endoscopy
• Development of disposable endoscopes
• Rising demand for flexible endoscopes
• Focus on tele-endoscopy services
• Integration of robotics in gastrointestinal endoscopy

What Are The Segments Of The Global Gastrointestinal Endoscopy Market?
The gastrointestinal endoscopy market is segmented by:

1) Product: Endoscopes, Camera Heads, Visualization Systems, Biopsy Devices, Capsule Endoscopes, Transmitters And Receivers, Robot-Assisted Endoscopes
2) Application: OGIB (Obscure GI Tract Bleeding), Crohn's Disease, Small Intestine Tumor, Other Applications
3) End User: Hospitals, Ambulatory Surgery Centers Or Clinics, Other End Users

Which Region Leads The Gastrointestinal Endoscopy Market?
North America led the gastrointestinal endoscopy market in 2024. The regional presence in the report extends to Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, Africa, reflecting the global demand for gastrointestinal endoscopy procedures largely attributed to growing healthcare needs and development in medical infrastructure.

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What Is Covered In The Gastrointestinal Endoscopy Market Global Market Report?
- Market Size Analysis: Analyze the Gastrointestinal Endoscopy Market size by key regions, countries, product types, and applications.

- Market Segmentation Analysis: Identify various subsegments within the Gastrointestinal Endoscopy Market for effective categorization.

- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.

- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.

- Market Contribution: Evaluate contributions of different segments to the overall Gastrointestinal Endoscopy Market growth.

- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.

- Industry Challenges: Analyze challenges and risks affecting the Gastrointestinal Endoscopy Market.

- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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