Endoscopy Devices Market Share

  • Report ID: 5420
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Endoscopy Devices Market Share

North American Market Forecast

Endoscopy Devices market in North America is predicted to account for the largest share of 43% by 2037 impelled by the growing rate of endoscopic procedures. This is expected to create a huge demand for endoscopic devices in the region as there are over 4 million Americans who suffer from peptic ulcer disease, a persistent inflammation of the duodenum and stomach. Moreover, the function of endoscopy such as esophagogastroduodenoscopy (EGD) is used to test for the diagnosis of peptic ulcer illness and to determine the location and size of the ulcer. According to estimates, in the United States, more than 6 million upper endoscopies are carried out annually.

APAC Market Statistics

The APAC Endoscopy Devices market is estimated to be the second largest, during the forecast timeframe led by the rising healthcare industry. This has led to the development of efficient endoscopy devices in countries such as India. For instance, in 2023, Fujifilm India introduced ClutchCutter and FushKnife for ESD and EMR operations, and they're made to work with suitable endoscopes and help medical professionals do endoscopic submucosal dissections with efficiency. The value of India's healthcare industry was predicted to be over USD 370 billion dollars by 2022, from roughly 279 billion dollars in 2020.

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Author Credits:  Radhika Pawar


  • Report ID: 5420
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of endoscopy devices is evaluated at USD 62.71 billion.

The endoscopy devices market size was over USD 60.91 billion in 2024 and is projected to exceed USD 97.68 billion by the end of 2037, witnessing over 3.7% CAGR during the forecast period i.e., between 2025-2037. Increasing prevalence of cancer across the globe and the growing development of advanced endoscopy devices will drive the market growth.

North America industry is set to hold largest revenue share 43% by 2037, impelled by growing rate of endoscopic procedures in the region.

The major players in the market are Stryker Corporation, Boston Scientific Corporation, Karl Storz GmbH & Co. KG, Smith & Nephew Inc., Richard Wolf GmbH, Medtronic Plc (Covidien), PENTAX Medical, Machida Endoscope Co., Ltd., Olympus Corporation, and others.
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