Imagine peering inside the human body without a single incision, a reality fueling an industry poised to explode from $45 billion today to over $67 billion by 2030, driven by remarkable innovations in AI, robotics, and single-use devices.
Key Takeaways
- The global endoscopy devices market size was valued at USD 45.12 billion in 2023 and is expected to grow at a CAGR of 8.4% from 2024 to 2030.
- The endoscopy market in North America accounted for over 40% of the global revenue share in 2023.
- Capsule endoscopy segment is projected to register the fastest CAGR of 9.2% from 2024 to 2030 due to rising adoption in small bowel diagnostics.
- In 2022, approximately 75 million endoscopy procedures were performed worldwide.
- Colonoscopies accounted for 45% of all GI endoscopies in the U.S. in 2023.
- Upper GI endoscopies (EGDs) numbered over 6.5 million in the U.S. annually as of 2022.
- The integration of AI in endoscopy devices improved polyp detection rates by 30% in clinical trials as of 2023.
- Narrow-band imaging (NBI) technology adopted in 65% of high-end endoscopes by 2023.
- Disposable duodenoscopes received FDA clearance for 100% single-use models in 2022.
- North America dominated the endoscopy market with 42% share in 2023.
- Asia Pacific endoscopy market grew at 9.8% CAGR from 2018-2023.
- U.S. held 85% of North American endoscopy market revenue in 2023.
- Olympus Corporation held 22% global market share in endoscopy devices in 2023.
- Boston Scientific generated USD 1.4 billion from endoscopy products in FY2023.
- Medtronic's endoscopy revenue reached USD 3.2 billion in 2023.
The endoscopy industry is growing rapidly as new technologies and procedures increase worldwide.
Competitive Landscape
- Olympus Corporation held 22% global market share in endoscopy devices in 2023.
- Boston Scientific generated USD 1.4 billion from endoscopy products in FY2023.
- Medtronic's endoscopy revenue reached USD 3.2 billion in 2023.
- Stryker Corporation's endoscopy segment sales grew 11% YoY to USD 1.8 billion in 2023.
- Karl Storz SE & Co. KG occupied 12% market share in rigid endoscopes in 2023.
- Johnson & Johnson (Ethicon) endoscopy revenue: USD 2.1 billion in 2023.
- Fujifilm Corporation launched 15 new endoscopy products in 2023.
- Hoya Corporation (Pentax Medical) held 9% share in GI endoscopes.
- B. Braun Melsungen AG endoscopy sales up 14% to EUR 850 million in 2023.
- Cook Medical controlled 8% of biopsy forceps market in endoscopy consumables.
- Conmed Corporation reported USD 1.1 billion total revenue with endoscopy at 25%.
- Richard Wolf GmbH specialized in urology endoscopes with 11% European share.
- Olympus acquired Aoua Medical for single-use endoscopes expansion in 2023.
- Boston Scientific's SpyGlass DS system generated USD 300 million in 2023 sales.
- Medtronic PillCam capsules sold 1.2 million units globally in 2023.
- Stryker's 1688 AIM 4K platform installed in 5,000+ ORs worldwide by 2023.
- Karl Storz IMAGE1 S system revenue exceeded EUR 200 million in 2023.
- Johnson & Johnson's Endo-Surgery division R&D spend: USD 450 million on endoscopy in 2023.
- Fujifilm's Eluxeo system captured 15% of video endoscopy market.
- Hoya's chip-in-flexible endoscopes improved market position to 10% globally.
Competitive Landscape Interpretation
While Olympus may claim the global endoscopy throne with a 22% share, the real drama is a six-way, multi-billion-dollar scrum where giants like Medtronic and J&J throw financial haymakers, Stryker and B. Braun sprint double-digit growth, and every player, from Fujifilm launching 15 new products to Cook cornering the biopsy forceps niche, fiercely jockeys for a piece of your insides.
Market Size and Growth
- The global endoscopy devices market size was valued at USD 45.12 billion in 2023 and is expected to grow at a CAGR of 8.4% from 2024 to 2030.
- The endoscopy market in North America accounted for over 40% of the global revenue share in 2023.
- Capsule endoscopy segment is projected to register the fastest CAGR of 9.2% from 2024 to 2030 due to rising adoption in small bowel diagnostics.
- The U.S. endoscopy devices market generated USD 12.5 billion in revenue in 2023.
- Global endoscopy market is anticipated to reach USD 67.8 billion by 2030, growing at 7.8% CAGR from 2023.
- Disposable endoscopes segment expected to grow at 10.1% CAGR from 2024-2030 owing to infection control demands.
- GI endoscopy devices held 62% market share in 2023 globally.
- The endoscopy market in Asia Pacific is projected to grow at the highest CAGR of 9.5% during 2024-2030.
- Robot-assisted endoscopy systems market valued at USD 2.1 billion in 2023.
- Endoscopy video systems and cameras segment to grow at 8.7% CAGR from 2024-2030.
- Global flexible endoscopes market size was USD 28.4 billion in 2023.
- The market for endoscopy devices in Europe was valued at USD 10.2 billion in 2023.
- Bronchoscopy segment projected to reach USD 4.5 billion by 2030 at 7.2% CAGR.
- U.S. capsule endoscopy market size estimated at USD 0.45 billion in 2023.
- Global endoscopy market driven by 7.5% CAGR from 2022-2028 due to rising GI disorders.
- Rigid endoscopes segment accounted for 35% revenue share in 2023.
- Endoscopy consumables market valued at USD 15.6 billion in 2023, growing at 9.1% CAGR.
- Japan endoscopy devices market size was USD 2.8 billion in 2023.
- The overall endoscopy market expected to hit USD 55.2 billion by 2029.
- Laparoscopy segment held 28% share of endoscopy market in 2023.
- Global endoscopy devices market CAGR projected at 8.2% from 2023-2032.
- India endoscopy market valued at USD 0.65 billion in 2023, with 11% CAGR forecast.
- Colonoscopy devices segment to grow at 8.9% CAGR to 2030.
- Endoscopy market in China reached USD 3.1 billion in 2023.
- Visualization systems in endoscopy market valued at USD 18.7 billion in 2023.
- Global duodenoscopes market size was USD 0.92 billion in 2023.
- Endoscopy devices market in Brazil projected at 9.3% CAGR from 2024-2030.
- Uroscopy endoscopes segment expected to grow at 7.8% CAGR.
- Global endoscopy market revenue forecast to USD 72.4 billion by 2032.
- ENT endoscopes market valued at USD 1.2 billion in 2023 globally.
Market Size and Growth Interpretation
The endoscopy industry, in a moment of profitable self-reflection, is swallowing its own camera to reveal a robust digestive tract dominated by North America, but with Asia Pacific growing fastest, all while the market politely requests more disposable and capsule-sized options.
Procedure Volumes
- In 2022, approximately 75 million endoscopy procedures were performed worldwide.
- Colonoscopies accounted for 45% of all GI endoscopies in the U.S. in 2023.
- Upper GI endoscopies (EGDs) numbered over 6.5 million in the U.S. annually as of 2022.
- Global capsule endoscopy procedures grew by 12% year-over-year in 2023.
- In Europe, bronchoscopies totaled 2.1 million procedures in 2022.
- U.S. ERCP procedures reached 650,000 in 2023.
- Laparoscopic surgeries worldwide exceeded 13 million in 2023.
- India saw 1.2 million gastroscopies performed in 2023.
- Cystoscopies in the U.S. totaled 1.8 million procedures per year in 2022.
- Global flexible sigmoidoscopy procedures at 8.5 million annually in 2023.
- Japan recorded 4.2 million colonoscopies in 2022.
- Arthroscopic procedures worldwide reached 2.9 million in 2023.
- U.K. endoscopy procedures hit 4.5 million in NHS hospitals in 2022/23.
- China performed over 10 million GI endoscopies in 2023.
- Pediatric endoscopies globally estimated at 1.1 million per year in 2023.
- U.S. screening colonoscopies increased 15% from 2019 to 2023 post-COVID.
- Bronchoscopy procedures in ICU settings worldwide: 1.2 million annually.
- Enteroscopy procedures grew 18% in Asia Pacific from 2020-2023.
- Australia reported 850,000 endoscopies in 2022.
- Hysteroscopies in Europe totaled 1.4 million in 2023.
- U.S. EUS procedures at 500,000 annually in 2023.
- Global robotic endoscopy procedures surpassed 300,000 in 2023.
- Canada endoscopy volumes: 2.3 million procedures in 2022.
- Sigmoidoscopy procedures in U.S. Medicare: 2.1 million in 2022.
- Worldwide capsule endoscopies: 1.5 million in 2023.
- Germany performed 3.8 million GI endoscopies in 2022.
Procedure Volumes Interpretation
The world is on an unprecedented journey of internal exploration, with tens of millions of brave patients annually allowing doctors to turn the most personal of spaces into tourist destinations for disease prevention and treatment.
Regional Analysis
- North America dominated the endoscopy market with 42% share in 2023.
- Asia Pacific endoscopy market grew at 9.8% CAGR from 2018-2023.
- U.S. held 85% of North American endoscopy market revenue in 2023.
- Europe endoscopy devices market valued at USD 11.4 billion in 2023.
- China accounted for 35% of Asia Pacific endoscopy market in 2023.
- Latin America endoscopy market projected to grow at 8.5% CAGR to 2030.
- Germany endoscopy market size was USD 2.1 billion in 2023.
- Japan saw endoscopy procedure volumes increase 14% from 2020-2023.
- India endoscopy market penetration in urban hospitals reached 75% by 2023.
- Middle East & Africa endoscopy market CAGR of 10.2% forecasted 2024-2030.
- U.K. endoscopy centers numbered over 450 in 2023.
- Brazil endoscopy devices import value hit USD 250 million in 2023.
- South Korea endoscopy market valued at USD 1.1 billion in 2023.
- Australia endoscopy expenditure reached AUD 1.2 billion in 2022/23.
- France performed highest per capita endoscopies in EU at 1,200 per 100,000 in 2022.
- Mexico endoscopy market grew 12% YoY in 2023.
- Russia endoscopy devices market size USD 0.8 billion in 2023.
- Saudi Arabia invested USD 500 million in endoscopy infrastructure 2021-2023.
- Canada endoscopy market share in North America: 12% in 2023.
- Italy endoscopy procedure rate: 950 per 100,000 population in 2022.
Regional Analysis Interpretation
The global endoscopy market reveals a classic tale of an established North American giant being chased by agile, high-growth Asia-Pacific economies, while Europe consolidates its substantial value and emerging markets make strategic, infrastructure-heavy bets on their future healthcare.
Technological Advancements
- The integration of AI in endoscopy devices improved polyp detection rates by 30% in clinical trials as of 2023.
- Narrow-band imaging (NBI) technology adopted in 65% of high-end endoscopes by 2023.
- Disposable duodenoscopes received FDA clearance for 100% single-use models in 2022.
- 4K UHD endoscopy systems market penetration reached 45% in hospitals by 2023.
- Robotic endoscopy platforms like da Vinci reduced procedure times by 25% in GI surgeries.
- Wireless capsule endoscopy with AI analytics approved in EU, detecting lesions with 92% accuracy.
- Single-use endoscopes reduced infection rates by 95% compared to reusable in studies.
- 3D endoscopy visualization systems grew 22% in adoption from 2021-2023.
- Magnetically controlled capsule endoscopy performed 50,000 procedures globally by 2023.
- Fluorescence endoscopy improved early cancer detection by 40% in clinical use.
- Endoscope sterilization automation systems installed in 70% of U.S. endoscopy centers by 2023.
- AI-powered polyp characterization achieved 96% accuracy in real-time during colonoscopy.
- Ultrahigh-definition (8K) endoscopy systems launched commercially in 2023.
- Confocal laser endomicroscopy (CLE) used in 15% of advanced GI centers worldwide.
- Endoscopy robots with haptic feedback in development, reducing surgeon tremor by 80%.
- Digital subtraction angiography integrated into endoscopy for vascular imaging.
- PillCam with Homing Capsule feature extended battery life by 50% in 2023 models.
- Endoscope tracking software using RFID reduced loss rates to under 1% in hospitals.
- Multispectral imaging in endoscopes enhanced tissue differentiation by 35%.
- Voice-activated endoscopy controls implemented in 20% of ORs by 2023.
Technological Advancements Interpretation
It's clear the era of squinting through blurry tubes is over, as AI, robotics, and disposable tech are now the new standard team making endoscopy dramatically smarter, safer, and almost sci-fi in its precision.
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