Endoscopy devices market to grow at CAGR of 7.24% by 2030

A comprehensive study report named endoscopy devices market forecast to 2030″ has been added by Factual Market Research. The 7-8 year performance, predictions, financial performance of market Participants, Strategic Developments, and Key Insights are all fully examined in this study. This analysis also examines the market size, share, demand, and prospective opportunities through 2030 for the industry.

The endoscopy devices market was worth USD 43.17 billion in 2021, and it is predicted to grow at a compound annual growth rate (CAGR) of 7.24% between 2022 and 2030.

Endoscopes are used to look inside hollow organs or body cavities. These devices are inserted into the body either by incisions, particularly in the case of arthroscopy, or through natural holes or cavities (such as the anus and mouth). The tip of endoscopes can be fitted with a camera or a light source, which allows doctors or other healthcare professionals (endoscopists) to examine certain inside organs. Endoscopy may be performed to examine gastrointestinal bleeding, nausea, vomiting, abdominal discomfort, and other symptoms of the digestive system.

The report notes that the increasing prevalence of chronic diseases, such as cancer and gastrointestinal disorders, is driving the demand for endoscopy procedures and devices. Additionally, the increasing adoption of minimally invasive surgeries and technological advancements in endoscopy devices are contributing to the growth of the Endoscopy Devices market.

Key players:

• Boston Scientific Corporation
• Medtronic PLC
• Olympus Corporation
• Johnson & Johnson
• Fujifilm Holdings Corporation,
• Stryker Corporation
• Karl Storz GmbH & Co. KG
• Smith & Nephew Inc.
• Richard Wolf GmbH
• Pentax Medical
• Machida Endoscope Co. Ltd
• Ambu Inc.
• NEC Corporation
• 3NT Medical Ltd
• Hoya Corporation

Market segmentation
Endoscopy devices market, by device type

• Endoscopes
• Endoscopic operative devices

Endoscopy devices market, by application

• Pulmonology
• Gastroenterology
• Orthopedic surgery

Endoscopy devices market, by region

• North America
• Europe
• Asia-Pacific
• South America
• The Middle East and Africa

Factual Market Research