Endoscopes Market Set to Reach USD 36.93 Billion by 2032,
From GlobeNewswire: 2025-06-12 09:20:00
The global endoscopes market was valued at USD 24.00 billion in 2023 and is expected to reach USD 36.93 billion by 2032, with a CAGR of 4.93% from 2024-2032. Growth is driven by demand for minimally invasive procedures, imaging technologies, and applications in gastroenterology, urology, and pulmonology.
The U.S. endoscopes market was estimated at USD 6.90 billion in 2023 and is projected to reach USD 10.27 billion by 2032, with a CAGR of 4.54%. The U.S. dominates the North American market due to adoption of minimally invasive procedures and advanced healthcare infrastructure.
The reusable endoscopes segment dominated the market in 2023 with an 83.3% market share, while the disposable endoscopes segment is expected to grow faster due to rising incidence of cross-contamination and HAIs. Outpatient facilities lead in end use with 48.6% market share, driven by minimally invasive procedures in ambulatory settings.
North America dominated the endoscopes market in 2023, while the Asia Pacific region is poised to be the fastest-growing region during the forecast period. Factors driving growth include healthcare expenditure, medical tourism, awareness of early disease diagnosis, and preference for advanced technologies.
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