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What Is Driving Global Gastrointestinal Endoscopy Market Growth in 2025: The Role of Gastrointestinal Endoscopy Market Soars Amid Rising Prevalence Of Digestive Disorders
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Gastrointestinal Endoscopy Market Size Growth Forecast: What to Expect by 2025?
The overall scale of the gastrointestinal endoscopy sector has experienced robust expansion lately, projected to advance from a value of $15.82 billion in 2024 to $16.78 billion the following year, reflecting a compound annual growth rate (CAGR) of 6.1%. This momentum observed during the past period stems from several factors, including the mounting incidence of digestive system ailments, heightened consciousness regarding diagnosing diseases at earlier stages, an expanding elderly demographic, supportive reimbursement frameworks, and the broadening utilization of these techniques in interventional treatments.
How Will the Gastrointestinal Endoscopy Market Size Evolve and Grow by 2029?
The market pertaining to gastrointestinal endoscopy anticipates robust expansion over the upcoming years, projected to reach a valuation of $22.02 billion by 2029, propelled by a compound annual growth rate (CAGR) of 7.0%. This projected upturn during the forecast horizon is fundamentally driven by several factors: escalating requirements for procedures involving minimal invasion, greater capital flowing into healthcare facilities, a swelling demographic of elderly individuals, the broadened utility of these tools in cancer detection, and the growing acceptance of endoscopy via capsules. Key developments shaping this segment moving forward encompass the increased incorporation of artificial intelligence within endoscopic practices, the creation of single-use endoscopes, a heightened need for maneuverable endoscopes, a growing emphasis on remote endoscopy services, and the fusion of robotic technologies into the field of digestive tract examination.
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What Drivers Are Propelling the Growth of Gastrointestinal Endoscopy Market Forward?
A rise in the occurrence of ailments affecting the digestive system is propelling the gastrointestinal endoscopy market ahead. This procedure, gastrointestinal endoscopy, serves as a vital method for detecting irregularities, securing tissue specimens for examination, and executing treatments associated with diagnosing and managing these varied GI disorders, which encompass all organs concerned with breaking down and processing food. As an illustration of this growing burden, data from Cancer Research UK indicated in 2023 that the rate of pancreatic cancer diagnoses within the United Kingdom is projected to climb by 5% between 2023 and 2025. Moreover, in March 2023, a research piece featured in the Journal of the Canadian Association of Gastroenterology, a scholarly publication based in Canada, forecasted that the frequency of inflammatory bowel disease cases across Canada would rise from 825 per 100,000 people in 2023 up to 1075 per 100,000 by 2035, underscoring a clear trend that accounts for the expansion of the gastrointestinal endoscopy sector.
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Which Emerging Trends Are Transforming the Gastrointestinal Endoscopy Market in 2025?
Leading entities within the gastrointestinal endoscopy sector are actively developing pioneering endoscopic apparatuses that embed sophisticated visualization techniques intended to refine diagnostic precision and elevate the results experienced by patients. These sophisticated imaging modalities encompass cutting-edge approaches like high-resolution visualization, narrow-band image processing (NBI), and optical coherence tomography (OCT), all serving to furnish endoscopists with superior, highly granular perspectives of the alimentary canal throughout their examinations. To illustrate this progression, in the month of October in 2023, the Japanese firm Olympus Corporation released its EVIS X1 Endoscopy System, a forward-looking apparatus engineered for superior gastrointestinal tract viewing by employing advanced visual enhancements such as TXI, RDI, and NBI, thereby offering medical practitioners augmented perceptive strength to identify polyps and other irregularities during scope procedures.
What Are the Key Segments in the Gastrointestinal Endoscopy Market?
The gastrointestinal endoscopymarket covered in this report is segmented -
1) By Product: Endoscopes; Camera Heads; Visualization Systems; Biopsy Devices; Capsule Endoscopes; Transmitters And Receivers; Robot-Assisted Endoscopes
2) By Application: OGIB (Obscure GI Tract Bleeding); Crohn's Disease; Small Intestine Tumor; Other Applications
3) By End User: Hospitals; Ambulatory Surgery Centers Or Clinics; Other End Users
Subsegments:
1) By Endoscopes: Rigid Endoscopes; Flexible Endoscopes; Single-Use Endoscopes
2) By Camera Heads: Standard Camera Heads; High-Definition Camera Heads; 3D Camera Heads
3) By Visualization Systems: Integrated Visualization Systems; Monitors And Display Systems
4) By Biopsy Devices: Biopsy Forceps; Needle Biopsy Devices; Endoscopic Mucosal Resection Devices
5) By Capsule Endoscopes: Small Bowel Capsule Endoscopes; Colon Capsule Endoscopes
6) By Transmitters And Receivers: Wireless Transmitters; Signal Receivers
7) By Robot-Assisted Endoscopes: Robotic Endoscope Systems; Accessories For Robotic Endoscopy
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Who Are the Key Players Shaping the Gastrointestinal Endoscopy Market's Competitive Landscape?
Major companies operating in the gastrointestinal endoscopy market include 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 Geographic Markets Are Powering Growth in the Gastrointestinal Endoscopy Market?
North America was the largest region in the gastrointestinal endoscopy market in 2024. The regions covered in the gastrointestinal endoscopy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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