Endotherapy Devices Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share

How Are the key drivers contributing to the expansion of the endotherapy devices market?
The escalating prevalence of gastrointestinal disorders will likely fuel the expansion of the endotherapy devices market. Digestive tract illnesses, spanning from mouth to anus, include afflictions such as colorectal cancer, gastroesophageal reflux disease, ulcerative colitis (UC), inflammatory bowel disease (IBD), Crohn's disease (CD), among others. Endotherapy devices figure prominently in the non-invasive or minimally invasive surgical approaches for the treatment and diagnosis of bleeding, ulcers, celiac disease, blockages, inflammation, and tumours in the gastrointestinal tract. These devices assist considerably by pinpointing the cause of unexplained symptoms like heartburn, stomach pain, bleeding, nausea, vomiting, and pain. For instance, Cancer Australia, a local organisation, revealed in its January 2024 reports that 2023 is likely to witness 2,576 fresh stomach cancer cases in Australia, including 1,647 in men and 929 in women. The probable risk of being diagnosed with the disease by the age of 85 stands at approximately 1 in 117 (0.85%), with men carrying the risk of 1 in 91 (1.1%) and women carrying the risk of 1 in 164 (0.61%). Consequently, the escalating prevalence of gastrointestinal disorders is fuelling the expansion of the endotherapy devices market.

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What growth opportunities are expected to drive the endotherapy devices market's CAGR through 2034?
In recent times, the endotherapy devices market has experienced significant growth. It's projected to increase from $4.63 billion in 2024 to $4.91 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 6.0%. This growth during the historic period is the result of factors such as the increase in gastrointestinal disorders, the ageing demographic, improved awareness and early diagnostic capabilities, advantageous reimbursement policies, global economic progress, and strategic collaborations and partnerships.

The market size for endotherapy devices is predicted to experience significant expansion in the forthcoming years, reaching "$6.64 billion by 2029 with a compound annual growth rate (CAGR) of 7.9%. The growth during the forecast period can be credited to improvements in minimally invasive procedures, the increasing impact of chronic illnesses, the development of healthcare infrastructure, an enhanced emphasis on early detection, regulatory backing, and standardization. Noteworthy trends expected during the forecast period encompass advancements in imaging technologies, the implementation of artificial intelligence, technological progress, the worldwide growth of healthcare infrastructure, and a growing occurrence of gastrointestinal disorders.

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What are the emerging trends shaping the future of the endotherapy devices market?
Advanced solutions, such as red dichromatic imaging (RDI), are being developed by leading enterprises in the endotherapy devices market to improve the perception of blood vessels and bleeding sites during endoscopic procedures. Through the use of two different light wavelengths, this red dichromatic imaging increases the visual clarity of blood vessels and lesions, thus contributing to better diagnostic precision during surgeries. One notable example is the October 2023 launch of the EVIS X1 endoscopy system by Olympus Corporation, a Japan-based medical tech firm. The EVIS X1, a top-of-the-line endoscopy system, integrates sophisticated imaging technologies and artificial intelligence to improve visualization and diagnostic efficiency. The cutting-edge imaging technologies incorporated in the EVIS X1 system boost diagnostic ability. Its texture and color enhancement imaging (TXI) heightens the visibility of lesions and polyps by enhancing color and texture. The red dichromatic imaging (RDI) centers on deep blood vessels and bleeding zones, while the brightness adjustment imaging with maintenance of contrast (BAI-MAC) ensures balance in brightness levels across the imagery.

Which growth-oriented segments of the endotherapy devices market are leading the industry's development?
The endotherapy devices market covered in this report is segmented -

1) By Product: Gastrointestinal Devices and Accessories, Endoscopic Retrograde Cholangio Pancreatography Devices And Accessories, Other Endotherapy Devices
2) By Application: Bronchoscopy, Arthroscopy, Laparoscopy, Urology Endoscopy, Neuro-Endoscopy, Gastrointestinal Endoscopy, Other Applications
3) By End-Use: Hospital, Ambulatory Surgical Centers, Other End-Users

Subsegments:
1) By Gastrointestinal Devices And Accessories: Endoscopic Mucosal Resection (EMR) Devices, Endoscopic Submucosal Dissection (ESD) Devices, Biopsy Forceps, Clips And Closure Devices, Electrosurgical Devices
2) By Endoscopic Retrograde Cholangio Pancreatography (ERCP) Devices And Accessories: ERCP Cannulas, Balloon Sweep Devices, Stents, Guidewires, Sphincterotomes
3) By Other Endotherapy Devices: Endoscopic Ultrasound (EUS) Devices, Ablation Devices, Foreign Body Retrieval Devices, Laser Therapy Devices

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What regions are leading the charge in the endotherapy devices market?
North America as the largest region in the endotherapy devices market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global endotherapy devices market report during the forecast period. The regions covered in the endotherapy devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

What companies are at the forefront of innovation in the endotherapy devices market?
Major companies operating in the endotherapy devices market include Olympus Corporation, Boston Scientific Corporation, Conmed Corporation, Medtronic Plc, Fujifilm Holdings Corporation, Johnson & JohnsonCook Group Incorporated, Karl Storz SE & Co. KG, Stryker Corporation, Taewoong Medical Co. Ltd, Smith & Nephew Plc., Steris Corporation, Micro-Tech (Nanjing) Co Ltd., HOYA Corporation, Cook Group Incorporated, B. Braun Melsungen AG, Frontier Healthcare, Pentax Medical, Nipro Corporation, MEDIVATORS B.V., US Endoscopy Group Inc., Richard Wolf GmbH, Cantel Medical Corp., Fujinon Corporation, Gyrus ACMI, Cogentix Medical Inc., Endogastric Solutions Inc.

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What Is Covered In The Endotherapy Devices Global Market Report?

• Market Size Forecast: Examine the endotherapy devices market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the endotherapy devices market for a structured understanding.
• Key Players Overview: Analyze major players in the endotherapy devices market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the endotherapy devices market.
• Segment Contributions: Evaluate how different segments drive overall growth in the endotherapy devices market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the endotherapy devices market.
• Industry Challenges: Identify potential risks and obstacles affecting the endotherapy devices market.
• Competitive Landscape: Review strategic developments in the endotherapy devices market, including expansions, agreements, and new product launches.

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