Israel Endoscopes Market Size & Outlook, 2023-2030
Israel endoscopes market, 2018-2030 (US$M)
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Israel endoscopes market highlights
- The Israel endoscopes market generated a revenue of USD 25.3 million in 2023 and is expected to reach USD 40.0 million by 2030.
- The Israel market is expected to grow at a CAGR of 6.8% 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 25.3 million |
| Market revenue in 2030 | USD 40.0 million |
| Growth rate | 6.8% (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, Israel accounted for 0.2% 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 Middle East & Africa, UAE endoscopes market is projected to lead the regional market in terms of revenue in 2030.
- Qatar is the fastest growing regional market in Middle East & Africa and is projected to reach USD 12.1 million by 2030.
Flexible endoscopes market was the largest segment with a revenue share of 46.25% in 2023. Horizon Databook has segmented the Israel 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.
Technological advancements, a supportive startup environment, and continuous innovations are expected to drive the disposable endoscopes market in Israel. A notable example is the development of a single-use drivable endoscope by Israeli startup 3NT Medical in May 2018.
This innovation enables minimally invasive access, visualization, and treatment of the nasal anatomy’s most inaccessible areas. The high prevalence of cancer in Israel is another significant factor expected to contribute to the disposable endoscopes market growth. According to GLOBOCAN 2020, around 28,704 new cancer cases were diagnosed in Israel.
This is expected to increase the demand for early cancer detection, positively impacting the market expansion. Moreover, the growing medical devices market in Israel is projected to propel the growth in the disposable endoscopes market. Key players in this market include Olympus Corporation, Stryker Corporation, and other players such as Zsquare.
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Endoscopes Market Scope
Endoscopes Market Companies
| Name | Profile | # Employees | HQ | Website |
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Israel endoscopes market size, by product, 2018-2030 (US$M)
Israel Endoscopes Market Outlook Share, 2023 & 2030 (US$M)
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