Germany Endoscopes Market Size & Outlook, 2023-2030
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Germany endoscopes market highlights
- The Germany endoscopes market generated a revenue of USD 975.9 million in 2023 and is expected to reach USD 1,603.4 million by 2030.
- The Germany market is expected to grow at a CAGR of 7.4% 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 975.9 million |
| Market revenue in 2030 | USD 1,603.4 million |
| Growth rate | 7.4% (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, Germany accounted for 6.6% 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 Europe, Germany endoscopes market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 885.4 million by 2030.
Flexible endoscopes market was the largest segment with a revenue share of 49.87% in 2023. Horizon Databook has segmented the Germany 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.
The adoption of endoscopes in Germany is expected to be driven by the increasing prevalence of chronic diseases and growing awareness regarding the usage of disposable endoscopy devices. For instance, a 2019 report by the European Commission revealed that approximately 58% of Germans aged over 65 had at least one chronic condition, a slightly higher proportion compared to other European nations.
Furthermore, the presence of a greater number of endoscopic device manufacturers in Germany, coupled with a surge in the development of disposable endoscopic devices, is fueling market growth in the region.
For instance, according to a European Commission report in 2019, about 58% of Germans aged over 65 are suffering from at least one chronic disorder, and this proportion is slightly higher than in other European countries. In addition, the increasing number of endoscopic device manufacturers present in Germany and the rise in product development activities for disposable endoscopic devices are driving the market in the country.
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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 |
Germany endoscopes market size, by product, 2018-2030 (US$M)
Germany Endoscopes Market Outlook Share, 2023 & 2030 (US$M)
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