[Latest] US Endoscopy Devices Market Size/Share Worth USD 12.8 Billion by 2033 at a 6.3% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)
Austin, TX, USA, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “US Endoscopy Devices Market Size, Trends and Insights 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) and By Region - Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” in its research database.
“According to the latest research study, the demand of US Endoscopy Devices Market size & share was valued at approximately USD 3.4 Billion in 2023 and is expected to reach USD 3.8 Billion in 2024 and is expected to reach a value of around USD 12.8 Billion by 2033, at a compound annual growth rate (CAGR) of about 6.3% during the forecast period 2024 to 2033.”
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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.
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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.
Boston Scientific is dedicated to transforming lives through innovative medical solutions that improve the health of patients around the world.
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. |
(A free sample of the US Endoscopy Devices report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request.
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2024
- Includes Tables and figures have been updated.
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the US Endoscopy Devices report has been modified to include the COVID-19 impact study prior to delivery.)
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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.
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Key questions answered in this report:
- What is the size of the US Endoscopy Devices market and what is its expected growth rate?
- What are the primary driving factors that push the US Endoscopy Devices market forward?
- What are the US Endoscopy Devices Industry's top companies?
- What are the different categories that the US Endoscopy Devices Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the US Endoscopy Devices market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2024−2033
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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US Endoscopy Devices Market: Recent Developments
- In May 2023, Olympus Corporation received the US-FDA clearance of the EVIS X1 endoscopy system, along with two compatible gastrointestinal endoscopes: the GIF-1100 gastrointestinal video scope and the CF-HQ1100DL/I colonovideoscope.
- In January 2023, UC Davis Health launched a new endoscopy suite in the United States characterized by advanced technology and integrated care. This new suite area is more spacious to accommodate the growing volume of endoscopy procedures.
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Browse the full “US Endoscopy Devices Market Size, Trends and Insights 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) and By Region - Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” Report at https://www.custommarketinsights.com/report/us-endoscopy-devices-market/
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
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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
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This US Endoscopy Devices Market Research/Analysis Report Contains Answers to the following Questions.
- Which Trends Are Causing These Developments?
- Who Are the Key Players in This US Endoscopy Devices Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Market Status of the US Endoscopy Devices Market? What Was the Capacity, Production Value, Cost and PROFIT of the US Endoscopy Devices Market?
- What Is the Current Market Status of the US Endoscopy Devices Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of US Endoscopy Devices Market by Considering Applications and Types?
- What Are Projections of the US Endoscopy Devices Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is US Endoscopy Devices Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On US Endoscopy Devices Industry? What are Macroeconomic Environment Analysis Results? What Are Macroeconomic Environment Development Trends?
- What Are Market Dynamics of US Endoscopy Devices Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for US Endoscopy Devices Industry?
Click Here to Access a Free Sample Report of the US Endoscopy Devices Market @ https://www.custommarketinsights.com/report/us-endoscopy-devices-market/
Reasons to Purchase US Endoscopy Devices Market Report
- US Endoscopy Devices Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- US Endoscopy Devices Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- US Endoscopy Devices Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- US Endoscopy Devices Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
- The study provides a thorough overview of the US Endoscopy Devices market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
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What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide US Endoscopy Devices market analysis.
- The competitive environment of current and potential participants in the US Endoscopy Devices market is covered in the report, as well as those companies' strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide US Endoscopy Devices market should find this report useful. The research will be useful to all market participants in the US Endoscopy Devices industry.
- Managers in the US Endoscopy Devices sector are interested in publishing up-to-date and projected data about the worldwide US Endoscopy Devices market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in US Endoscopy Devices products' market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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