Kuwait Endoscopes Market Size & Outlook, 2023-2030
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Kuwait endoscopes market highlights
- The Kuwait endoscopes market generated a revenue of USD 11.6 million in 2023 and is expected to reach USD 19.9 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 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 11.6 million |
| Market revenue in 2030 | USD 19.9 million |
| Growth rate | 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, Kuwait accounted for 0.1% 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 45.69% in 2023. Horizon Databook has segmented the Kuwait 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.
Kuwait is still in the nascent phase of developing and implementing endoscopes. The market growth is anticipated to be driven by increasing awareness to promote endoscopy and highlight the benefits of early cancer screening. Hospitals in the country are actively taking steps to raise awareness about various endoscopy techniques through symposiums and other media channels.
Kuwait has significantly emphasized combating cancer through multiple initiatives, including educational programs and improved cancer care services. These efforts aim to empower cancer patients and their families throughout treatment.
Notable programs in Kuwait include the National Program for Early Diagnosis of Colorectal Cancer and the Early Diagnosis Program for Breast Cancer. The successful implementation of such programs is expected to propel market growth during the forecast period.
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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 |
Kuwait endoscopes market size, by product, 2018-2030 (US$M)
Kuwait Endoscopes Market Outlook Share, 2023 & 2030 (US$M)
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