Surge In Cancer And Gastrointestinal Diseases Propels Growth Of Endoscopy Devices And Equipment Market: A Significant Driver Propelling The Endoscopy Devices And Equipment Market In 2025

The Endoscopy Devices And Equipment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Endoscopy Devices And Equipment Market Size and Projected Growth Rate?
The market for endoscopy devices and equipment has seen a robust expansion in recent years. The market is anticipated to evolve from $43.06 billion in 2024 to $46.06 billion in 2025, with a compound annual growth rate (CAGR) of 7.0%. The historic period's growth can be traced back to a rise in the incidence of gastrointestinal diseases, a growing acceptance of endoscopic procedures, a surge in healthcare spending, and an uptick in medical tourism.

The market for endoscopy devices and equipment is anticipated to experience significant expansion in the coming years, anticipated to reach $60.09 billion by 2029 at a compound annual growth rate (CAGR) of 6.9%. Factors contributing to this growth during the forecast period include a growing elderly population, an increase in chronic disease cases, the rise in obesity numbers, and new regulatory clearances. Noteworthy market trends for this period encompass the incorporation of artificial intelligence (AI) and machine learning, the deployment of single-use endoscopes, advanced visualization technology, innovation within endoscope disinfection technology, 3D imaging technology, progressive robotics technology, wireless endoscopes, dual-channel endoscopes, real-time endoscope visualization systems, wireless capsule endoscopy, enhanced data management systems, and the miniaturization of endoscopes.

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What Are the Major Segments in the Endoscopy Devices And Equipment Market?
The endoscopy devices and equipment market covered in this report is segmented -

1) By Product: Endoscope, Endoscopy Operative Devices, Endoscopy Visualization Systems
2) By Application: Bronchoscopy, Arthroscopy, Laparoscopy, Urology Endoscopy, Neuroendoscopy, Gastrointestinal Endoscopy, Obstetrics/Gynecology Endoscopy, ENT Endoscopy, Other Applications
3) By End-User: Hospitals, Clinics, Other End-Users

Subsegments:
1) By Endoscope: Rigid Endoscopes, Flexible Endoscopes, Capsule Endoscopes, Surgical Endoscopes
2) By Endoscopy Operative Devices: Biopsy Forceps, Graspers, Scissors, Electrocautery Devices, Snares
3) By Endoscopy Visualization Systems: Video Endoscopy Systems, High-Definition (HD) Endoscopy Systems, Visualization Software, Light Sources, Image Management Systems

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What Are The Driving Endoscopy Devices And Equipment Market Evolution?
The escalating rates of cancer and gastrointestinal disorders are poised to spur the expansion of the rigid endoscope market in the future. Cancer is characterized by the unusual proliferation of cells, leading to organ and tissue dysfunction. On the other hand, gastrointestinal disorders pertain to conditions affecting the digestive system. Endoscopes are instrumental in diagnosing and treating both cancer and gastrointestinal disorders, giving medical practitioners a glimpse into the patient's body, conducting biopsies, and performing minimally invasive procedures which could result in early detection and successful treatment. For example, a report published by the World Health Organization, an international public health agency based in Switzerland, in February 2024 stated that by 2050, there will be over 35 million new cancer cases worldwide, a staggering 77% increase from the 20 million cases reported in 2022. Consequently, the escalating prevalence of cancer and gastrointestinal disorders is driving the growth of the endoscopy devices and equipment market.

Which Firms Dominate The Endoscopy Devices And Equipment Market Segments?
Major companies operating in the endoscopy devices and equipment market include Olympus Corporation, Boston Scientific Corporation, Stryker Corporation, Fujifilm, Karl Storz SE & Co. KG, Johnson & Johnson, Hoya Corporation, Cook Medical, Smith & Nephew, Conmed Corporation, Healthium MedTech, Leo Medical Co Ltd, Shanghai Aohua Photoelectricity Endoscope Co Ltd, CR Kennedy & Company, GE Healthcare, Transmed, Fisher & Paykel Healthcare India Private Limited, Agappe Diagnostics Ltd, Richard Wolf GmbH, B. Braun, Baxter, Philips, Siemens, Pentax Medical, Lenox Instrument Co, Endo Gatric Solutions Inc, Endo Medical, Medtronic plc, Kimberly-Clark Corporation, Cardinal Health Inc, Abu Dhabi Medical Devices Company, Amico Group, Bridgeway Medical Systems

What Trends Are Expected to Dominate the Endoscopy Devices And Equipment Market in the Next 5 Years?
Leading businesses in the endoscopy devices and equipment industry are progressing to innovative technology-based products like gastrointestinal videoscopes for high-definition and real-time images of human digestive systems. The GI videoscope, used for examining and detecting conditions in the gastrointestinal tract, uses a camera on top of a flexible tube that enables real-time imaging as endoscopy takes place. This was seen when Olympus Corporation, a medical tech firm based in Japan, unveiled their latest EVIS X1 endoscopy system in October 2023. The endoscopy system boasts many new features that enhance visibility and make procedures more efficient. The system uses Texture and Color Enhancement Imaging (TXI) technology that aids in detecting polyps and lesions by escalating image texture and color. In addition, the Red Dichromatic Imaging (RDI) tech helps in increasing visibility of bleeding points and deep blood vessels. The Brightness Adjustment Imaging with Maintenance of Contrast (BAI-MAC) technology adjusts brightness in darker regions without overly brightening lighter areas, thereby enhancing overall visibility. The system includes Narrow Band Imaging (NBI) technology to upgrade the observation of vascular and mucosal patterns owing to specific wavelengths absorbed by hemoglobin. The CV-1500 video system center also comes with a touch panel for easy settings control and image data management from a single device. The MyCV mode in the system is available for physicians to personalize imaging configurations and control multiple functions via a single on on the scope.

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Which Is The Largest Region In The Endoscopy Devices And Equipment Market?
North America was the largest region in the global endoscopy devices and equipment market in 2024. Asia-Pacific was the second largest market in endoscopy devices and equipment market. The regions covered in the endoscopy devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Endoscopy Devices And Equipment Market?
2. What is the CAGR expected in the Endoscopy Devices And Equipment Market?
3. What Are the Key Innovations Transforming the Endoscopy Devices And Equipment Industry?
4. Which Region Is Leading the Endoscopy Devices And Equipment Market?

Why This Report Matters:

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