Japan Endoscopes Market Size & Outlook, 2023-2030
Japan endoscopes market, 2018-2030 (US$M)
Related Markets
Japan endoscopes market highlights
- The Japan endoscopes market generated a revenue of USD 1,546.4 million in 2023 and is expected to reach USD 2,899.0 million by 2030.
- The Japan market is expected to grow at a CAGR of 9.4% 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 1,546.4 million |
| Market revenue in 2030 | USD 2,899.0 million |
| Growth rate | 9.4% (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, Japan accounted for 10.4% 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 Asia Pacific, China endoscopes market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,043.0 million by 2030.
Flexible endoscopes market was the largest segment with a revenue share of 34.78% in 2023. Horizon Databook has segmented the Japan 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 growing geriatric population, high prevalence of chronic diseases, and consistent product advancements are some factors expected to drive the demand for endoscopy procedures. For instance, in September 2022, Olympus Corporation launched VISERA Elite III, an advanced surgical visualization platform for various endoscopic applications.
In addition, increasing demand for early diagnosis and treatment of diseases is expected to boost the market. On the basis of statistics provided by the Ministry of Health, Labor and Welfare of Japan, stomach cancer deaths have significantly reduced over the past 30 years due to early detection using endoscopes.
Furthermore, the outbreak of bacterial infections resulting from the use of contaminated endoscopes is a significant concern for health authorities in Japan. The growing awareness among healthcare practitioners about the incidence and transmission of infections through endoscopy is expected to drive the demand for disposable endoscopes.
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Endoscopes Market Scope
Endoscopes Market Companies
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Japan endoscopes market size, by product, 2018-2030 (US$M)
Japan Endoscopes Market Outlook Share, 2023 & 2030 (US$M)
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