Global Market for Endoscopy Devices is Anticipated to Grow by 7% through 2030 and Reach $89 billion

By -

Industry Experts, Inc., unveiled the latest version of its report on Endoscopy Devices Market. The report reveals that the global endoscopy devices market is valued at US$58.8 billion in 2024 and is projected to grow at a CAGR of 7.1% from 2024 to 2030, reaching US$88.8 billion by 2030.

The global endoscopy devices market is experiencing rapid growth driven by aging populations, increased prevalence of chronic diseases, and technology breakthroughs. Innovations such as wireless capsule endoscopes, robotic-assisted endoscopes, 3D visualization, and high-definition imaging reduce infection risks, improve patient outcomes, and increase diagnostic accuracy. The growing trend towards minimally invasive procedures, which provide quicker recovery times and fewer complications, is driving demand in this market.

The endoscope segment led the endoscopy devices market by product, accounting for a 37.9% share in 2024, due to rising endoscopic procedures and preference for flexible, lightweight, and disposable models that improve safety and precision. Imaging technological advancements such as HD, 3D, and Narrow Band Imaging (NBI), alongside the integration of AI and robotics, have improved diagnostic precision and broadened clinical uses. Single-use endoscopes are becoming more popular due to their benefits in infection control and cost-effectiveness. Endoscopes play a crucial role in the diagnosis and treatment of complex conditions such as cancer and gastrointestinal diseases.

The report studies the Endoscopy Devices market across all major regions including North America (The United States, Canada, and Mexico), Europe (Germany, France, the United Kingdom, Italy, Spain, and Rest of Europe), Asia-Pacific (Japan, China, India, South Korea, and Rest of Asia-Pacific), South America (Brazil, Argentina, and Rest of South America) and Rest of World.

The market for product types of Endoscopy Devices analyzed in this report includes Endoscopes, Visualization Systems, Visualization Components and Other Devices (Access Devices, Energy Systems, Hand Instruments, Suction & Irrigation Systems, Snares, Wound Retractors, and others). The study examines the market for Endoscopy Devices by application, comprising Gastrointestinal Endoscopy, Laparoscopy, Urology Endoscopy, Arthroscopy, ENT Endoscopy, Gynecology Endoscopy, Neurology Endoscopy and Other Applications (Including Laryngoscopy, Mediastinoscopy, Otoscopy, Bronchoscopy, and Sigmoidoscopy). By end-user facility, the market analysis for Endoscopy Devices covered by this report includes Hospitals and Clinics, Ambulatory Surgical Centers (ASCs) and Other End-Users (Including Diagnostic Centers and Specialty Clinics).

About Industry Experts, Inc
Industry Experts, Inc., ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable various stakeholders, such as corporate strategists, analysts, researchers and startups, among others, in obtaining valuable, crisp and unbiased current and future market data. For more information, contact us on +1-320-497-3787 or visit https://industry-experts.com/

Comments

Post a Comment

Popular posts from this blog

Demand for Europium to Reach US$373.3 million by 2030 Fostered by Phosphors and Consumer Electronic Applications

By -
Image
Industry Experts, Inc., has released its latest report on Europium Market , which projects the demand for the same to reach US$373.3 million by 2030 from an estimated US$267.1 million in 2024 at a CAGR of 5.7% between the two years. The demand for Europium in the global market is primarily being driven by a number of factors that include increasing demand of phosphors in various applications for making high-quality displays that offer higher cooling, energy efficiency and brightness in products, such as OLEDs & LCDs, which are used in televisions, smart phones, wearables  and other electrical & electronic equipment. Technological advancements have enhanced the methods of extracting, purifying and separating europium from other ores, thereby positively impacting its availability to manufacturers. Heavy investments in R&D for improving performance and overcoming supply challenges of this metal have determined the global market in yielding innovative solutio...
Read more

Oil & Gas Fuels Demand for Duplex Stainless Steel and Global Market to Reach $6 billion by 2030

By -
Image
Industry Experts, Inc., has released its latest report, on Duplex Stainless Steel market, which projects the demand for the same to reach US$6 billion by 2030 from an estimated US$4.4 billion in 2024 at a CAGR of 5.4% between the two years. Some of the factors instrumental in driving demand for Duplex Stainless Steel include its widespread use in the oil & gas industry in the form of pipes & tubes. Comprising an almost equal proportion of austenitic and ferritic steels makes this variety of stainless steel very strong and highly resistant to corrosion, owing to which its application across various important end-use sectors has been growing rapidly.  The construction & infrastructure industry is another major consumer of Duplex Stainless Steels, as they are ideal for making bridges and other infrastructure projects. Apart from this, the chemical processing industry, subject to extreme operating environments, also makes extensive use of Duplex Stainless Ste...
Read more

Copper Demand to Reach US$368.8 B by 2030 Propelled by the Wide Range of Applications of the Metal Across Sectors

By -
Image
Industry Experts, Inc., has released its latest report, on Copper , which projects the demand for Copper to reach US$368.8 billion by 2030 from an estimated US$269 billion in 2024 at a CAGR of 5.4% between the two years. The use of copper and its alloys is quite extensive, contributing significantly to economic development. Major end-user sectors of this vital element include transportation, construction, consumer products, electrical & electronics and industrial machinery. The global demand for copper has been maintaining a steady growth, as statistics reveal a 300% growth in the use of refined copper over the last five decades across the industries mentioned above, reaching about 26.5 million tons in 2023. Other than being used in its primary form, copper is also among the most recycled materials, owing to which the market for secondary copper has been posting considerable growth. With an estimated share of about 41% in 2024, Asia-Pacific is the largest global marke...
Read more