US Endoscopy Devices Market size was valued at USD 3.8 Billion in 2024 and is expected to reach USD 12.8 Billion by 2033, at a CAGR of 6.3% during the forecast period 2024 – 2033.
US Endoscopy Devices Market: Overview
Endoscopy devices encompass a range of instruments and equipment used in endoscopic procedures to visualize, diagnose, and treat various conditions within the body’s internal organs. These devices typically include endoscopes, which are long, thin, flexible tubes with a light source and camera at the tip, allowing for the visualization of internal structures.
One prominent trend in the US endoscopy device market is the ongoing development and adoption of advanced imaging technologies. Innovations such as high-definition (HD) and ultra-high-definition (UHD) imaging, as well as enhanced imaging modalities like narrow-band imaging (NBI) and confocal laser endomicroscopy (CLE), are revolutionizing diagnostic capabilities during endoscopic procedures.
These technologies provide sharper, more detailed images of the gastrointestinal tract, enabling healthcare professionals to detect abnormalities with greater accuracy and precision. Furthermore, improved imaging can enhance therapeutic interventions by facilitating targeted treatments and reducing the need for additional procedures.
As a result, there is a growing demand for endoscopy devices equipped with advanced imaging capabilities, driving manufacturers to invest in research and development to stay competitive in the market and meet the evolving needs of healthcare providers and patients alike.
By type, the endoscopes segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. A notable trend in endoscopes is the advancement of imaging technology, including high-definition (HD) and ultra-high-definition (UHD) cameras, as well as innovations like artificial intelligence (AI) integration.
These technologies enhance visualization, improve diagnostic accuracy, and enable real-time analysis during endoscopic procedures, driving efficiency and patient outcomes.
By application, the gastrointestinal endoscopy segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033.
A notable trend in gastrointestinal endoscopy is the increasing adoption of advanced imaging technologies such as narrow-band imaging and confocal laser endomicroscopy, enhancing diagnostic accuracy and enabling real-time tissue characterization. This trend reflects a shift towards more precise and personalized approaches in gastroenterological practice.
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Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 3.8 Billion |
Projected Market Size in 2033 | USD 12.8 Billion |
Market Size in 2023 | USD 3.4 Billion |
CAGR Growth Rate | 6.3% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Type, Application and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Country Scope | US |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
CMI has comprehensively analyzed US Endoscopy Devices market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict in depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this US Endoscopy Devices industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
List of the prominent players in the US Endoscopy Devices Market:
- Olympus Corporation
- Ethicon Endo-surgery LLC.
- FUJIFILM Holdings Corporation
- Stryker Corporation
- Boston Scientific Corporation
- Karl Storz GmbH & Co. KG.
- Smith & Nephew Inc.
- Richard Wolf GmbH
- Medtronic Plc
- PENTAX Medical
- Machida Endoscope Co. Ltd
- Others
The US Endoscopy Devices Market is segmented as follows:
By Type
- Endoscopes
- Endoscopic Operative Devices
- Visualization Equipment
By Application
- Bronchoscopy
- Arthroscopy
- Laparoscopy
- Urology endoscopy
- Neuroendoscopy
- Gastrointestinal endoscopy
- Gynaecology endoscopy
- ENT endoscopy
- Others
By End-use
- Hospitals
- Outpatient Facilities