Brazil Endoscopes Market Size & Outlook, 2023-2030
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Brazil endoscopes market highlights
- The Brazil endoscopes market generated a revenue of USD 143.1 million in 2023 and is expected to reach USD 273.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 9.7% from 2024 to 2030.
- In terms of segment, flexible endoscopes market was the largest revenue generating product in 2023.
- Disposable Endoscopes is the most lucrative product segment registering the fastest growth during the forecast period.
Endoscopes market data book summary
| Market revenue in 2023 | USD 143.1 million |
| Market revenue in 2030 | USD 273.8 million |
| Growth rate | 9.7% (CAGR from 2023 to 2030) |
| Largest segment | Flexible endoscopes market |
| Fastest growing segment | Disposable Endoscopes |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rigid Endoscopes Market, Robot Assisted Endoscope Market, Disposable Endoscopes, Capsule Endoscopes Market, Flexible Endoscopes Market |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.0% of the global endoscopes market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico endoscopes market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 72.5 million by 2030.
Flexible endoscopes market was the largest segment with a revenue share of 46.12% in 2023. Horizon Databook has segmented the Brazil endoscopes market based on rigid endoscopes market, robot assisted endoscope market, disposable endoscopes, capsule endoscopes market, flexible endoscopes market covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is an emerging economy with high growth potential for medical devices and is the largest economy in Latin America. The increasing geriatric population and the prevalence of various chronic diseases, such as gastrointestinal disorders, cardiac valve disorders, sinusitis, and gynecological disorders, are anticipated to propel market growth.
The presence of key players, such as Olympus Corporation, Karl Storz, Stryker, Steris Corporation, and Richard Wolf, is also expected to boost the market. In February 2019, Joimax—a German marketer and developer of minimally invasive spinal surgery and endoscopic devices—partnered with the Brazilian distributing company CT Group.
Through this partnership, Joimax expanded its presence in Brazil, while CT Group would distribute high standard medical devices and equipment nationwide. Furthermore, the risk of contamination and patient-to-patient transmission of infections in clinics is increasing the need for disposable endoscopes, driving demand.
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Endoscopes Market Scope
Endoscopes Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hoya Corp ADR | View profile | 36571 | 20th Floor Nishi-Shinjuku Building, 6-10-1, Nishi-Shinjuku, Shinjuku-ku, Tokyo, Japan, 160-8347 | http://www.hoya.co.jp |
| Karl Storz | View profile | 1001-5000 | Tuttlingen, Baden-Wurttemberg, Germany, Europe | https://www.karlstorz.com/ |
| Ambu A/S ADR | View profile | 4750 | Baltorpbakken 13, Ballerup, Denmark, DK-2750 | http://www.ambu.com |
| FUJIFILM Holdings Corp | View profile | 83784 | 7-3, Akasaka 9-chome, Minato-ku, Tokyo, Japan, 107-0052 | http://www.fujifilmholdings.com |
| Olympus Corp | View profile | 33629 | Shinjuku Monolith, 2-3-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, Japan, 163-0914 | http://www.olympus.co.jp |
| Steris PLC | View profile | 17100 | 5960 Heisley Road, Mentor, OH, United States, 44060 | https://www.steris-ir.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
Brazil endoscopes market size, by product, 2018-2030 (US$M)
Brazil Endoscopes Market Outlook Share, 2023 & 2030 (US$M)
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