North America Endoscopes Market Size & Outlook, 2023-2030
North America endoscopes market, 2018-2030 (US$M)
Related Markets
North America endoscopes market highlights
- The North America endoscopes market generated a revenue of USD 6,106.4 million in 2023.
- The market is expected to grow at a CAGR of 8.7% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 6,106.4 million |
| Market revenue in 2030 | USD 10,955.6 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Flexible endoscopes market |
| Fastest growing segment | Disposable Endoscopes |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 41.1% of the global endoscopes market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 9,014.6 million by 2030.
Flexible endoscopes market was the largest segment with a revenue share of 49.85% in 2023. Horizon Databook has segmented the North America 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 high prevalence of diseases, such as gastrointestinal disorders, respiratory conditions, urological problems, gynecological issues, and cancer, is increasing the need for endoscopic procedures for diagnosis and treatment in North America.
For instance, according to the Cancer Journal for Clinicians, in 2023, around 1,958,310 new cancer cases and 609,820 cancer-related deaths are expected to be reported in the U.S. Hence, the need for accurate and minimally invasive diagnostic tools is driving the adoption of endoscopes.
The market is also fueled by rapid technological advancements, leading to the development of new and innovative endoscopic devices. These technological breakthroughs have improved the adoption of endoscopes on a broad scale.
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Endoscopes Market Scope
Endoscopes Market Companies
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North America endoscopes market size, by country, 2018-2030 (US$M)
North America Endoscopes Market Outlook Share, 2023 & 2030 (US$M)
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