Press release
U.S. Endoscope Market Opportunities, Emerging Trends, Competitive Strategies and Forecast to 2030
This upward trajectory is primarily driven by the increasing prevalence of gastrointestinal disorders, such as Crohn's disease, colorectal cancer, and irritable bowel syndrome, coupled with rising healthcare expenditures and an expanding elderly population. Additionally, substantial investments in the development and expansion of endoscopic product lines are further propelling market growth.
Browse detailed report analysis on: https://www.psmarketresearch.com/market-analysis/us-endoscope-market
Key Insights
Product Innovation and Launches
The U.S. endoscope market has witnessed a surge in new product introductions. Leading companies are continually developing advanced endoscopic devices to meet the growing demand for minimally invasive diagnostic and therapeutic procedures. For instance, in 2024, Olympus Corporation unveiled two new bronchoscopes as part of its EVIS X1 Endoscopy System, enhancing both diagnostic and therapeutic capabilities in bronchoscopy. Similarly, FUJIFILM Healthcare Americas Corporation launched the FDA-approved EI-740D/S dual-channel endoscope, designed for comprehensive upper and lower gastrointestinal procedures, featuring high-quality imaging and dual channels to accommodate various endotherapy devices.
Prevalence of Gastrointestinal Disorders
The rising incidence of gastrointestinal ailments significantly boosts the demand for endoscopic procedures. According to the GI Alliance, chronic digestive diseases affect approximately 20 million Americans, accounting for 25% of all surgical interventions. These conditions lead to more hospitalizations than any other medical issue and rank third in healthcare expenditures in the U.S.
Flexible Endoscopes Dominance
Flexible endoscopes are anticipated to maintain a dominant market share, accounting for 73% in 2024, and are projected to experience a CAGR of 8.2% during the forecast period. Their versatility, patient comfort, and applicability in navigating complex internal pathways make them indispensable in modern medical practices, especially in fields like gastroenterology, pulmonology, and urology.
Hospital End Users
Hospitals are expected to remain the largest end-user segment, attributed to their capacity to handle high patient volumes, advanced infrastructure, and significant investments in medical technology. They perform a wide array of endoscopic procedures, ranging from diagnostics to complex therapeutic interventions, thereby driving substantial demand for endoscopic equipment.
Regional Insights
California is projected to be the largest and fastest-growing state in the U.S. endoscope market, holding a 13% share in 2024. Factors contributing to this include a sophisticated healthcare infrastructure, a diverse and large population, and a high prevalence of chronic diseases necessitating endoscopic procedures.
Get the sample copy of this report: https://www.psmarketresearch.com/market-analysis/us-endoscope-market/report-sample
Competitive Landscape
The U.S. endoscope market is characterized by fragmentation, with several key players and new entrants contributing to a competitive environment. Major companies such as Olympus Corporation of the Americas, Boston Scientific Corporation, and Medtronic plc lead the market. Recent trends indicate a focus on mergers and acquisitions, as well as continuous product innovation, to enhance market positioning and meet the evolving needs of healthcare providers.
These insights underscore the dynamic nature of the U.S. endoscope market, driven by technological advancements, increasing healthcare demands, and strategic industry initiatives.
Browse More Reports Published by P&S:
Endoscope Market - https://www.psmarketresearch.com/market-analysis/endoscope-market
Endoscope Reprocessing Market - https://www.psmarketresearch.com/market-analysis/endoscope-reprocessing-market
About P&S Intelligence
P&S Intelligence offers custom and syndicated market research and consulting services to clients across the globe. Our team of young and dynamic researchers, guided by mentors with years of experience, create data-rich reports tailored to the needs of MNCs as well as startups and SMEs. We remain in a perennial quest to offer exhaustive insights into every aspect of the market, allowing businesses of all sizes to seize even the smallest of opportunities and tackle even the biggest of challenges.
Contact:
Chandra Mohan
AVP - Business Development
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Blog: https://psintelligence.blogspot.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release U.S. Endoscope Market Opportunities, Emerging Trends, Competitive Strategies and Forecast to 2030 here
News-ID: 3889849 • Views: …
More Releases from P&S Intelligence
Modular Automation Market Poised for Robust Growth Amid Industry 4.0 Transformat …
According to the latest market research study published by P&S Intelligence, the global modular automation market is on an impressive growth trajectory, expected to generate USD 6.3 billion in 2024 and expand at a CAGR of 8.7% to reach USD 12.1 billion by 2032. This surge is driven by rising demand for flexible, cost-efficient manufacturing solutions and the accelerating integration of Industry 4.0 technologies.
As manufacturing landscapes evolve with rapid changes…
U.S. ESG Investments Market Set to Skyrocket: $16 Trillion by 2032
According to the latest market research study published by P&S Intelligence, the U.S. Environmental, Social, and Governance (ESG) investments market is experiencing a significant surge, with projections indicating an increase from $6.5 trillion in 2024 to an estimated $16.0 trillion by 2032. This represents a robust compound annual growth rate (CAGR) of 12.1% over the forecast period.
According to a comprehensive analysis by P&S Intelligence, the market's expansion is driven…
Facility Management in the U.K. Booms with 14.1% CAGR as Demand Soars Across Sec …
According to the latest market research study published by P&S Intelligence, the U.K. facility management market is poised for significant growth, with projected revenues reaching USD 2,743.3 million in 2024 and expected to soar to USD 6,038.4 million by 2030, reflecting a robust CAGR of 14.1% during the forecast period.
This expansion is fueled by a surge in demand across both public and private sectors. According to the RICS U.K.…
Point-of-Sale Software Market in the U.S. Set to Grow by 9.7% CAGR, Boosted by O …
According to the latest market research study published by P&S Intelligence, the U.S. point-of-sale (POS) software market, valued at USD 4.7 billion in 2024, is poised for significant growth over the coming years, with projections estimating it will reach USD 9.8 billion by 2032, expanding at a compound annual growth rate (CAGR) of 9.7%. This growth is attributed to rapid technological advancements, a surge in mobile and cloud-based POS systems,…
More Releases for Endoscope
Endoscope Reprocessing Market: A Comprehensive Overview
The Endoscope Reprocessing Market was valued at USD 2.58 billion in 2023 and is anticipated to reach USD 6.92 billion by 2032, reflecting a compound annual growth rate (CAGR) of approximately 11.5% from 2024 to 2032.
Endoscope Reprocessing Market Overview
The Endoscope Reprocessing Market is witnessing significant growth driven by the increasing number of endoscopic procedures and the growing demand for infection control in healthcare settings. Endoscope reprocessing involves cleaning, disinfecting, and…
SUZHOU AND TECH: Spine Endoscope Instrument
Short Description: [https://www.and-en.com/various-kinds-of-calcaneal-locking-plate-2-product/]
Sinus tarsi S shape make minimally invasive approach and protect the soft tissue. Excellent anatomic pre-shaped design, no need to bend in operation. Low profile design can reduce the irritation to the soft tissue -The top hole aim sustentaculum tali can support the joint surface. The distal thinner end is convenient to insert.
Features Of Calcaneal Fractures
Calcaneal fractures are the most common tarsal fractures, accounting for approximately 2% of…
Auto repair equipment introduction Industrial endoscope
With the rapid development of industrial technology, the overhaul and maintenance of all kinds of equipment and machinery has become increasingly important. As an advanced detection tool, industrial endoscope has played an indispensable role in modern industry with its excellent imaging function and flexibility of detection.
Exploration tools driven by modern technology
Industrial endoscope, also known as industrial endoscope, is a tool used to inspect and observe the internal conditions of various…
Endoscope Reprocessing: Growing Approvals of Automated Endoscope Reprocessing Re …
According to Arizton's latest research report, endoscope reprocessing market is expected to grow at a CAGR of over 8.5% during 2022-2027. The presence of a large target population and endoscope reprocessing equipment manufacturers contributes to the high market share of North America.
APAC is likely to be the fastest growing region with the highest CAGR of 9.60% during 2022-2027. The region's main reason for fast growth is due to…
Endoscope Reprocessing Market by Product (HLD and Test Strips, Detergents & Wipe …
The global endoscope reprocessing market is projected to USD 3.8 billion by 2027 from USD 2.4 billion in 2022, at a CAGR of 9.7% from 2022 to 2027.The growth of this market is driven owing to increasing requirement for endoscopy to diagnose and treat target diseases, high risk of Endoscope-associated infections due to contaminated endoscopes, Growing geriatric population and leading to increase in endoscopic procedures, and Increasing emphasis on improving…
SMARTSNAKE HD ENDOSCOPE REVIEW 2022:WHAT YOU NEED TO KNOW ABOUT THIS POWERFUL EN …
SMARTSNAKE HD REVIEW: INTRODUCTION
If you need to see inside a tight space your Smartsnake HD Endoscope is here , you can get a lot of value out of an endoscope camera. While you may think you’d need to spend hundreds of dollars to get a great one, the truth is that you don’t have to spend nearly as much as you think to get a camera you’ll Smartsnake HD Endoscope…
