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Showing posts with the label Endoscopy Devices Market

Endoscopy Devices Market: A Regional Segmentation Insight Report

  The global endoscopy devices market was valued at USD 61.06 billion in 2024 and is projected to expand at a Compound Annual Growth Rate (CAGR) of 3.79% from 2025 to 2030. Several factors are expected to propel this growth, particularly the increasing preference for minimally invasive procedures that offer less recovery time and reduced risk of complications. Endoscopy devices are seen as a more cost-effective option, both in terms of pre-procedure and post-procedure costs. The adoption of disposable components for endoscopic procedures to reduce the risk of cross-contamination and minimize the overall cost of the procedures is also anticipated to play a significant role in accelerating market growth over the forecast period. Technological advancements continue to be a crucial driver of the endoscopy devices market. Manufacturers are consistently innovating new endoscopic solutions to improve the quality of diagnosis and treatment, particularly for chronic conditions. For example,...

Inside the Market: Key Product Insights in Endoscopy Devices

  The global endoscopy devices market was valued at approximately USD 61.06 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 3.79% from 2025 to 2030. The growth of this market is primarily driven by the less invasive nature of endoscopy procedures, which results in reduced patient recovery times and lower post- and pre-procedure costs. Additionally, there is a notable shift towards the use of disposable endoscopic components aimed at minimizing both procedure costs and the risk of cross-contamination, which is expected to further accelerate market growth. Moreover, the increasing burden of chronic diseases globally, combined with a growing geriatric population, is anticipated to boost the adoption of advanced endoscopic devices. Innovations such as wireless capsule endoscopes and high-definition camera systems are expected to see increased uptake as they become integral to diagnostic and therapeutic practices. The rising prevalence of medical cond...

Endoscopy Devices Market size is expected to reach USD 81.0 billion by 2030

  Endoscopy Devices Industry Overview The endoscopy devices market size was valued at USD 42.7 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.4% from 2022 to 2030. The less invasive properties and affordable post and pre-procedure cost of endoscopy devices are the major factors anticipated to boost the market growth over the forecast period. Furthermore, a shift in trend to use disposable endoscopic components to minimize the procedure cost as well as the chance of cross-contamination is also expected to accelerate market growth over the years. In addition, the growing chronic disease burden and increasing geriatric population all over the globe are also anticipated to fuel the adoption of endoscopic devices during the coming years. Moreover, growing medical conditions due to the increasing geriatric population often require endoscopic intervention such as liver abscess, gall stones, endometriosis, and intestinal perforation, which in turn ...