Towards Healthcare
Endoscopy Devices Market Size to Capture $88.55 Bn by 2034

Endoscopy Devices Market Valuation, Revenue Trends & Growth Forecast

Market insights predict the global endoscopy devices industry will increase from USD 61.1 billion in 2024 to USD 88.55 billion by 2034, achieving a CAGR of 3.82%. In 2024, North America dominated the endoscopy devices market, while Asia-Pacific is set for the fastest growth ahead. Endoscopes led by product, with visualization systems expected to expand rapidly. Outpatient facilities were the top end-users, but hospitals are projected to see strong growth soon.

Endoscopy Devices Market Size, Key Players and Regional Growth

The global endoscopy devices market size is calculated at USD 61.1 billion in 2024, grew to USD 63.44 billion in 2025, and is projected to reach around USD 88.55 billion by 2034. The market is expanding at a CAGR of 3.82% between 2025 and 2034. The increasing prevalence of chronic disorders and technological advancements drive the market.

Endoscopy Devices Market Size 2023 - 2034

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Key Takeaways

  • North America held the largest share of the endoscopy devices market in 2024.
  • Asia-Pacific is projected to host the fastest-growing market in the coming years.
  • By product, the endoscope segment held a dominant presence in the market in 2024.
  • By product, the endoscopy visualization systems segment is predicted to witness significant growth in the market over the forecast period.
  • By end-use, the outpatient facilities segment led the global endoscopy devices market in 2024.
  • By end-use, the hospitals segment is anticipated to show lucrative growth in the market over the coming years.

Endoscopy Devices Market: Advanced Vision

Endoscopy is a procedure used to visualize a body's internal organs or tissues. The procedure involves the use of endoscopy devices containing a camera for visualization. Doctors or surgeons use forceps and scissors on the endoscope to operate or remove tissue for biopsy. Endoscopy allows surgeons to observe lesions that X-rays cannot detect. There are different types of endoscopy, depending on the organ to be studied. For instance, bronchoscopy for the lungs, colonoscopy for the colon, and laparoscopy for the abdominal or pelvic area. The components of an endoscopy device include a rigid or flexible tube, a light transmission system, a lens, an eyepiece, and an additional channel for medical instruments or manipulators.

The rising incidences and prevalence of chronic disorders and the increasing geriatric population potentiate the chances of using endoscopy devices for several conditions. The increasing number of surgeries also boosts market growth. The advent of advanced technologies leads to the development of novel endoscopy devices with enhanced efficiency. The rising investments and collaborations promote the installation of advanced devices. The burgeoning healthcare sector augments market growth.

  • In December 2024, AIG Hospital in Hyderabad announced the adoption of PillBot, a disposable endoscopy device containing a miniature camera and sensors to traverse the digestive system. The clinical trials are expected to be reviewed by the U.S. FDA in 2025, and the device is projected to enter the global market by 2026.
  • In December 2024, Sotelix Endoscopy announced the closure of $1.7 million in seed round financing. The funding was raised to advance research and development activities to develop novel endoscopic devices to treat numerous gastrointestinal conditions in a minimally invasive manner.
  • In December 2024, UHealth University of Miami Health System deployed a capsule endoscopy to evaluate small bowel mucosa. The organization aims to offer patients convenience and improved patient care access.
  • Boston Scientific Corporation is a global leader in developing less-invasive endoscopy devices to help diagnose and treat pulmonary and gastrointestinal conditions. The company generated a net sales of $4.5 billion during the fourth quarter of 2024. The full-year 2024 revenue was $16.747 billion, an increase of 17.6% from the previous year.

How Can AI Improve the Endoscopy Devices Market?

Artificial intelligence (AI) and machine learning (ML) can play numerous roles in endoscopy devices, simplifying a surgeon’s task. AI and ML provide greater accuracy, precision, consistency, and speed. Integrating AI and ML in endoscopic devices assists in assessing cancer invasion depth. This helps in the early detection of cancer, enhancing precision. AI can analyze complex image data and offer real-time feedback, streamlining endoscopic procedures and reducing the need for invasive biopsies. AI and ML enhance endoscopic diagnostic accuracy, allowing healthcare professionals to provide personalized treatment to patients. Thus, AI and ML can enable the visualization of body parts that cannot be viewed through conventional endoscopy, improving screening and detecting disease. However, AI in endoscopy devices is still in its infancy.

Market Dynamics

Driver

Increasing Number of Surgeries

The major growth factor of the endoscopy devices market is the increasing number of surgeries. The rising prevalence of chronic disorders increases the need for major and minor surgeries. It is estimated that globally, around 1 in 3 adults suffer from one or more types of chronic disorders. According to a report published in The Lancet, approximately 313 million surgeries are performed annually in the world. Endoscopy is an essential part of surgery as it allows surgeons to visualize and operate particular organs. It takes part in multiple aspects, from diagnosis to treatment. The extended applications of endoscopic modalities increase their demand during surgical procedures. The broadened endoscopic capabilities include drug delivery, muscle and nerve biopsies, removal of intramural lesions, tissue harvesting (stem cells), and monitoring device placement.

Total Annual Surgeries Performed (In Millions)

Restraint

High Cost

The major challenge of the market is the high cost of endoscopy devices. The average cost of endoscopic devices in the U.S. is around $3600, while the price of high-end endoscopy devices is much higher. Apart from purchasing, the maintenance and the associated logistics costs of endoscopic devices are also high. This limits the affordability of numerous healthcare organizations in low- and middle-income countries.

Opportunity

Latest Innovations

The future of the endoscopy devices market is promising, driven by the latest innovations in endoscopy. Several researchers are developing novel devices to benefit surgeons and patients. The increasing research and development activities, growing demand for non-invasive surgeries, and technological advancements drive the latest innovations in endoscopy devices. Capsule endoscopy is one of the latest endoscopy technologies involving swallowing a small pill with a tiny camera inside, creating thousands of images of the intestines as they move through. Another breakthrough advancement includes the use of 4K Ultra-High Definition display systems to enhance resolution and visualization. The development of light sources, optical fibers, and miniature scanners will allow surgeons to collect images in multiple spectral regimes, with greater tissue penetration, and in three dimensions. All such advancements are likely to dominate the market in the future.

Segmental Insights

Endoscope Segment Dominated

By product, the endoscope segment held a dominant presence in the endoscopy devices market in 2024. The availability of a wide range of options, such as flexible, disposable, and rigid, increases their demand. The rising number of endoscopic procedures globally due to the increasing number of surgeries augments the segment’s growth. There are an estimated 200 million endoscopy procedures performed annually globally. Technological advancements lead to the development of novel and more advanced endoscopes to enhance precision and accuracy. The advent of 3D printing technology for producing endoscopes aids researchers in improving the safety and effectiveness of endoscopic procedures, potentiating the segment’s growth. The main focus is on developing lightweight, durable, and inert endoscopes. Moreover, the expanded applications of endoscopes, other than visualization, also promote the segment’s growth.

Endoscopy Visualization Systems Segment: Significantly Growing

By product, the endoscopy visualization systems segment is predicted to witness significant growth in the endoscopy devices market over the forecast period. Endoscopy visualization systems are essential for endoscopes to visualize internal body organs during surgery. The components of endoscopy visualization systems include camera heads, insufflators, light sources, monitors, printers, and video processors. They are primarily used for diagnosing and treating diseases, enabling healthcare professionals to provide personalized care. The availability of the 4K visualization system and high-definition cameras increases the demand for visualization systems. The integration of molecular probes for targeted tissue identification and cloud-based data management systems also boosts the segment’s growth.

Outpatient Facilities Segment Led in 2024

By end-use, the outpatient facilities segment led the global endoscopy devices market in 2024. Endoscopic procedures can also be performed in an outpatient setting. For outpatient facilities, a small scope is inserted into the body through the mouth, anus, or small surgical incisions. The increasing number of minor surgeries and potentially rising healthcare expenses increase the demand for outpatient care. Latest innovations, such as capsule endoscopy, fuel the segment’s growth. The rising geriatric population, demographic changes, and shifting patient preferences potentiate the demand for outpatient treatment owing to faster recovery times.

Hospitals Segment to Show Lucrative Growth

By end-use, the hospitals segment is anticipated to show lucrative growth in the market over the coming years. The segmental growth is attributed to suitable infrastructure and favorable reimbursement policies. The increasing number of hospital admissions and the presence of skilled professionals make them a preferable choice for endoscopic procedures. Hospitals also have suitable capital investments to adopt advanced instruments. Inpatient treatment allows healthcare professionals to provide better treatment and personalized care.

Regional Insights

Rising Prevalence of Chronic Disorders Dominated North America

North America held the largest share of the endoscopy devices market in 2024. The rising prevalence of chronic disorders, technological advancements, and increasing investments drive the market. The Centers for Disease Control and Prevention estimates that every 6 in 10 Americans suffer from at least one chronic disorder. The presence of key players such as Boston Scientific Corporation, Hologic, and Stryker Corporation also contributes to the market. The increasing number of hospitals and other healthcare organizations promote the market. Favorable government policies and initiatives also promote patient care.

For instance,

  • In August 2024, the Ontario government announced initiatives for people to connect to publicly-funded surgeries and procedures by adding approximately 60,000 GI endoscopy procedures at community surgical and diagnostic centers across the province.

Suitable Manufacturing Infrastructure Promote Asia-Pacific

Asia-Pacific is projected to host the fastest-growing endoscopy devices market in the coming years. Favorable government support and increasing collaborations drive the market. The increasing number of surgeries and favorable reimbursement policies also potentiate market growth. Suitable government policies such as “Made in China” and “Make in India” support the indigenous manufacturing of endoscopy devices. The presence of suitable manufacturing infrastructure allows foreign investors to set up their manufacturing facilities in Asia-Pacific countries. Additionally, several government and private organizations provide funding for developing and manufacturing endoscopy devices, propelling the market. The growing healthcare infrastructure and burgeoning healthcare sector also contribute to the market.

Top Companies in the Endoscopy Devices Market

Endoscopy Devices Market Companies

Latest Announcement by Industry Leaders

Britt Meelby Jensen, CEO of Ambu, commented that more companies should develop and distribute single-use endoscopes that can help bring attention to customers’ benefits. She added that sustainability is one of the key parameters in the company’s strategy.

Recent Developments in the Endoscopy Devices Market

  • In February 2025, researchers from Germany, the Czech Republic, and Belgium are developing a holographic endoscope to visualize neuronal processes in living organisms. The European Innovation Council (EIC) is funding the NEUROGATE project with €2.5 million to test its applicability to biomedical research.
  • In September 2024, LOMO plc developed novel endoscope prototypes and included them in the advanced research and development plan 2025. The company started producing prototypes of two video bronchoscope models for diagnostic and therapeutic purposes.

Segments Covered in the Report

By Product

  • Endoscope
    • Reusable Endoscopes
      • Rigid Endoscopes
        • Laparoscopes
        • Arthroscopes
        • Ureteroscopes
        • Cytoscopes
        • Gynecology Endoscopes
        • Neuroendoscopes
        • Bronchoscopes
        • Hysteroscopes
        • Laryngoscopes
        • Sinuscopes
        • Otoscopes
        • Pharyngoscopes
        • Nasopharyngoscopes
        • Rhinoscopes
        • Gastrointestinal Endoscopes
          • Gastroscope (Upper GI Endoscope)
          • Enteroscope
          • Sigmoidoscope
          • Duodenoscope
      • Flexible Endoscopes
        • Laparoscopes
        • Arthroscopes
        • Ureteroscopes
        • Cytoscopes
        • Gynecology Endoscopes
        • Neuroendoscopes
        • Bronchoscopes
        • Hysteroscopes
        • Laryngoscopes
        • Sinuscopes
        • Otoscopes
        • Pharyngoscopes
        • Nasopharyngoscopes
        • Rhinoscopes
        • Gastrointestinal Endoscopes
          • Gastroscope (Upper GI Endoscope)
          • Enteroscope
          • Sigmoidoscope
          • Duodenoscope
          • Colonoscope
        • Capsule Endoscopes
        • Robot-Assisted Endoscopes
    • Disposable Endoscopes
      • Laparoscopes
      • Arthroscopes
      • Ureteroscopes
      • Cytoscopes
      • Gynecology Endoscopes
      • Neuroendoscopes
      • Bronchoscopes
      • Hysteroscopes
      • Laryngoscopes
      • Sinuscopes
      • Otoscopes
      • Pharyngoscopes
      • Nasopharyngoscopes
      • Rhinoscopes
      • Gastrointestinal Endoscopes
      • Gastroscope (Upper GI Endoscope)
        • Enteroscope
        • Sigmoidoscope
        • Duodenoscope
        • Colonoscope
  • Endoscopy Visualization Systems (Reusable Endoscopy Visualization Systems)
    • Standard Definition (SD) Visualization Systems
      • 2D Systems
      • 3D Systems
    • High Definition (HD) Visualization Systems
      • 2D Systems
      • 3D Systems
  • Endoscopy Visualization Components
    • Reusable Endoscopy Visualization Components
      • Camera Heads
      • Insufflators
      • Light Sources
      • High-Definition Monitors
      • Suction Pumps
      • Video Processors
    • Disposable Endoscopy Visualization Components
      • Camera Heads
      • Insufflators
      • Light Sources
      • Suction Pumps
  • Operative Devices
    • Reusable Operative Devices
      • Energy Systems
      • Access Devices
      • Suction & Irrigation Systems
      • Hand Instruments
      • Wound Retractors
      • Snares
    • Disposable Operative Devices
      • Energy Systems
      • Access Devices
      • Suction & Irrigation Systems
      • Hand Instruments
      • Wound Retractors
      • Snares

By End-Use

  • Hospitals
  • Outpatient Facilities

By Region

  • North America
    • US
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Insight Code: 5425
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Last Updated: 12 February 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Deepa Pandey is a healthcare market research expert with 2+ years of experience, specializing in analyzing market trends, regulatory impacts, and emerging opportunities to guide strategic decision-making in the healthcare sector.

Learn more about Deepa Pandey

Aditi Shivarkar, with 14+ years of healthcare market research experience, ensures the accuracy, clarity, and relevance of reports. Her expertise helps businesses make informed decisions and stay competitive in healthcare sectors.

Learn more about Aditi Shivarkar

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FAQ's

Wireless capsule endoscopy is a new tool for non-invasive evaluation of small bowels.

Most endoscopy procedures take no longer than 10 minutes, depending on the symptoms being evaluated.

World Health Organization, Centers for Disease Control and Prevention.