The global endoscopy devices market was valued at approximately USD 61.06 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 3.79% from 2025 to 2030. The growth of this market is primarily driven by the less invasive nature of endoscopy procedures, which results in reduced patient recovery times and lower post- and pre-procedure costs. Additionally, there is a notable shift towards the use of disposable endoscopic components aimed at minimizing both procedure costs and the risk of cross-contamination, which is expected to further accelerate market growth.
Moreover, the increasing burden of chronic diseases globally, combined with a growing geriatric population, is anticipated to boost the adoption of advanced endoscopic devices. Innovations such as wireless capsule endoscopes and high-definition camera systems are expected to see increased uptake as they become integral to diagnostic and therapeutic practices.
The rising prevalence of medical conditions commonly associated with aging, including liver abscesses, gallstones, endometriosis, and intestinal perforation, will likely drive demand for endoscopic interventions. According to the Administration on Aging (AoA) of the U.S. Department of Health and Human Services, approximately 16% of the population was aged 65 years and older in 2019, a figure projected to rise to 21.6% by 2040.
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Product Segmentation Insights
The endoscopy devices market comprises several product segments, including endoscopes, endoscopy visualization systems, visualization components, and operative devices. Within this framework, the endoscopes segment dominated the market in 2024, capturing the largest revenue share at 41.1%. This segment is also expected to register the fastest growth rate during the forecast period.
The surge in demand for endoscopes is fueled by heightened awareness and increasing adoption rates across a variety of diagnostic and therapeutic procedures. Endoscopes play a crucial role in diagnosing complex conditions such as cancer, gastrointestinal disorders, urinary tract issues, and respiratory disorders.
The anticipated growth in this segment is closely linked to the rising number of endoscopic procedures and the growing preference for endoscopes in surgeries and biopsies, which enhance diagnostic accuracy and treatment efficacy. Notably, flexible endoscopes dominate the endoscopes segment, holding a substantial revenue share in 2023. Their popularity among medical professionals stems from their advantages, including improved safety, greater efficiency, and enhanced ergonomics compared to rigid endoscopes. This preference for flexible endoscopes is likely to contribute significantly to the overall growth of the endoscopy devices market in the coming years.
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