The U.S. endoscopes market size was estimated at USD 4.40 billion in 2023 and is projected to hit around USD 10.38 billion by 2033, growing at a CAGR of 9% from 2024 to 2033.
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The U.S. endoscopes market revolves around the production, development and distribution of medical devices used for visual examination or surgical procedures inside the body. It is a flexible or rigid tube equipped with a light source and a camera at one end, allowing healthcare professionals to observe and diagnose conditions within various internal organs, cavities, or structures. Endoscopes are commonly employed in minimally invasive procedures, reducing the need for traditional open surgeries and minimizing patient recovery time. Endoscopy procedures offer a less invasive alternative to traditional surgical methods, leading to faster recovery times, reduced pain, and minimal scarring. The development of advanced endoscopic technologies continues to enhance the capabilities of these devices in medical diagnosis and treatment.
| Report Coverage | Details |
| Growth Rate from 2024 to 2033 | CAGR of 9% |
| U.S. Market Size in 2023 | USD 4.40 Billion |
| U.S. Market Size by 2033 | USD 10.38 Billion |
| Base Year | 2023 |
| Forecast Period | 2024 to 2033 |
| Segments Covered | By Product, By Application, and By End-Use |
Driver
Growing demand for video endoscopes
An endoscope fitted with a camera attachment is called a video endoscope, and it is used to see internal organs like the esophagus and stomach. In the realm of medical imaging to diagnose and treat a variety of ailments, these video endoscopes are cutting-edge technology. Players in the U.S. endoscopes market is concentrating on the development and production of sophisticated video endoscopes for use in a range of therapeutic and diagnostic applications as a result of the increasing demand for these instruments. Furthermore, companies in the global and emerging markets are attempting to capture more market share by offering end consumers next-generation solutions.
Restraint
Lack of skilled professionals
Highly skilled personnel are needed for endoscopic operations to protect patients from a variety of hazards and problems. A patient may suffer injury or receive a false diagnosis as a result of a physician examining without sufficient training. To find a target for surgery or diagnostics, the technician using the endoscopic equipment must have a comprehensive grasp of both human anatomy and the instrument itself. In addition, employees in hospitals and other healthcare facilities have to receive training on how to utilize endoscopes and comprehend the extra reprocessing procedures needed to avoid any cross-contamination. Thus, throughout the projected time, the lack of qualified and experienced endoscopic technicians is probably going to prevent the adoption of endoscopic equipment and hinder market expansion.
Opportunity
The rising acceptance of capsule endoscopy
A capsule is injected during a technique called capsule endoscopy to record a picture of the digestive system. The light source, transmitter, and tiny video camera are all contained in a throwaway, pill-sized capsule. Thousands of photos are sent to the recorder by the capsule as it moves through the digestive system. If the results of the gastroscopy and colonoscopy are negative, capsule endoscopy is advised as a third line of inquiry. In addition to standard recording devices, players are advancing capsule endoscopy through the integration of new technologies.
The market is segmented into rigid endoscopes, capsule endoscopes, robot-assisted endoscopes, flexible endoscopes, and disposable endoscopes. The flexible endoscopes segment dominated the U.S. endoscopes market in 2023. An optical device that transfers light and returns pictures to the viewer is a flexible endoscope. These devices also have transparent fibers that are bendable. Because of its benefits over competing products, the increasing number of releases, and the growing popularity of flexible endoscopes, the segment is anticipated to rise throughout the projected period.
Endoscopes are used extensively in diagnostic procedures for several chronic disorders, including inflammatory bowel disease (IBD), stomach cancer, colon cancer, respiratory infections, and respiratory cancers. As a result, there is a sharp increase in demand for flexible endoscopes due to the high frequency of these disorders.
On the other hand, the disposable endoscopes segment is observed to grow at the fastest rate during the forecast period. Disposable endoscopes reduce the risk of infection caused by reusable endoscopes. Reusable endoscopes require extensive cleaning, sterilization, and maintenance processes, which can be costly over time. Disposable endoscopes eliminate these ongoing expenses.
The market is bifurcated into arthroscopy, urology endoscopy, laparoscopy, gastrointestinal (GI) endoscopy, bronchoscopy, mediastinoscopy, gynecology endoscopy, otoscopy, laryngoscopy, and others. In 2023, the GI endoscopy segment held the largest share of the U.S. endoscopes market. The increasing incidence of gastrointestinal disorders, such as colorectal cancer, gastroesophageal reflux disease (GERD), and IBD, has contributed to the growing demand for GI endoscopy procedures.
Additionally, ongoing technological advancements, including improvements in imaging quality, the development of high-definition and ultra-high-definition endoscopes, and the incorporation of advanced imaging modalities like narrow-band imaging (NBI) and confocal laser endomicroscopy (CLE), enhance the diagnostic capabilities of GI endoscopes. Thus, this is expected to drive the U.S. endoscopes market’s growth.
The market is bifurcated into ambulatory surgery centers, hospitals, and others. The hospitals segment held the largest share of the U.S. endoscopes market in 2023. Endoscopes play a crucial role in minimally invasive surgeries and diagnostic procedures. Hospitals are increasingly adopting endoscopic techniques due to the benefits they offer, including reduced patient recovery times, shorter hospital stays, and lower risks of complications.
Moreover, the rising prevalence of gastrointestinal and respiratory diseases, such as colorectal cancer, GERD, and lung disorders, contributes to the demand for endoscopic procedures in hospitals. Gastrointestinal endoscopy and bronchoscopy are commonly performed in hospitals to diagnose and treat these conditions.
Segments Covered in the Report
By Product
By Application
By End-Use
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