The global endoscopy devices market size was calculated at USD 56.50 billion in 2024 and is projected to surpass around USD 111.38 billion by 2034, growing at a CAGR of 7.10% from 2025 to 2034.
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Key Points
- The endoscopy visualization systems segment accounted for a 37% revenue share in 2024.
- Hospitals led the market by end user, securing a 48% revenue share in 2024.
- The gastrointestinal (GI) endoscopy segment dominated the application category with a 55.2% revenue share in 2024.
- The urology endoscopy segment is experiencing strong growth.
- North America contributed around 43% of total market revenue in 2024.
- The Asia Pacific region is expected to expand at a CAGR of 6.9% from 2025 to 2034.
Market Dynamics
Drivers
The growing prevalence of gastrointestinal, respiratory, and urological disorders is a major factor driving the endoscopy devices market. With an increasing geriatric population and rising cases of chronic diseases, there is a higher demand for minimally invasive diagnostic and therapeutic procedures.
Technological advancements, including high-definition imaging, 3D endoscopy, and robotic-assisted endoscopic surgeries, have further fueled market growth. Additionally, the increasing preference for outpatient procedures due to cost-effectiveness and quicker recovery times has boosted the adoption of endoscopy devices.
Opportunities
The expanding healthcare infrastructure in emerging economies presents significant opportunities for the endoscopy devices market. Government initiatives to improve healthcare access, along with increased investments in medical technology, are accelerating market growth.
The rising adoption of artificial intelligence (AI) and machine learning in endoscopy, enabling enhanced diagnostic accuracy, is another promising area. Additionally, the growing popularity of capsule endoscopy and disposable endoscopes is expected to drive innovation and create new business prospects for manufacturers.
Challenges
Despite its growth potential, the endoscopy devices market faces several challenges, including the high cost of advanced endoscopic equipment. Many healthcare facilities, particularly in developing regions, struggle with budget constraints, limiting access to cutting-edge technology.
Additionally, the risk of infections associated with reusable endoscopes poses a significant concern, prompting the need for strict sterilization protocols. Reimbursement issues and regulatory hurdles for new product approvals further complicate market expansion.
Regional Insights
North America leads the endoscopy devices market, driven by well-established healthcare infrastructure, high adoption rates of advanced medical technology, and a growing patient population requiring minimally invasive procedures. Europe follows closely, with strong investments in healthcare innovation and rising awareness about early disease diagnosis.
The Asia Pacific region is projected to witness significant growth, fueled by increasing healthcare expenditures, a rising burden of chronic diseases, and government initiatives promoting medical advancements. Meanwhile, Latin America and the Middle East are gradually expanding their endoscopy markets as healthcare modernization efforts gain momentum.
Endoscopy Devices Market Companies
- Ethicon Endo-Surgery, LLC
- Olympus Corporation
- Stryker Corporation
- Boston Scientific Corporation
- Fujifilm Holdings Corporation
- Smith & Nephew Inc.
- Karl Storz GmbH & Co. KG
- Richard Wolf GmbH
- PENTAX Medical
- Medtronic Plc (Covidien)
- Machida Endoscope Co., Ltd.
Segments Covered in the Report
By Product
- Endoscopes
- Flexible Endoscopes
- Colonoscopes
- Upper Gastrointestinal Endoscopes
- Sigmoidoscopes
- Bronchoscopes
- Pharyngoscopes
- Laryngoscopes
- Nasopharyngoscopes
- Duodenoscopes
- Rhinoscopes
- Other Flexible Endoscopes
- Rigid Endoscopes
- Arthroscopes
- Laparoscopes
- Cystoscopes
- Urology Endoscopes
- Neuroendoscopes
- Gynecology Endoscopes
- Other Rigid Endoscopes
- Disposable Endoscopes
- Capsule Endoscopes
- Robot Assisted Endoscope
- Flexible Endoscopes
- Endoscopy Visualization Systems
- High Definition (HD) Visualization Systems
- 3D Systems
- 2D Systems
- Standard Definition (SD) Visualization Systems
- 3D Systems
- 2D Systems
- Ultrasound Devices
- High Definition (HD) Visualization Systems
- Endoscopy Visualization Components
- Insufflators
- Camera Heads
- High-definition Monitors
- Light Sources
- Video Processors
- Suction Pumps
- Operative Devices
- Access Devices
- Energy Systems
- Hand Instruments
- Suction & Irrigation Systems
- Snares
- Wound Retractors
By Application
- Urology Endoscopy
- Gastrointestinal (GI) Endoscopy
- Obstetrics Endoscopy
- Laryngoscopy
- Laparoscopy
- Bronchoscopy
- Arthroscopy
- Otoscopy
- Mediastinoscopy
- Other Applications
By Hygiene
- Single-Use
- Reprocessing
- Sterilization
By End-Use
- Ambulatory Surgical Centers
- Hospitals
- Other End-uses
By Regiona
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of the World
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