Russia Endoscopes Market Size & Outlook, 2023-2030
Russia endoscopes market, 2018-2030 (US$M)
Related Markets
Russia endoscopes market highlights
- The Russia endoscopes market generated a revenue of USD 151.3 million in 2023 and is expected to reach USD 276.7 million by 2030.
- The Russia market is expected to grow at a CAGR of 9% 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 151.3 million |
| Market revenue in 2030 | USD 276.7 million |
| Growth rate | 9% (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, Russia accounted for 1.0% 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 49.9% in 2023. Horizon Databook has segmented the Russia 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 endoscopes market in Russia is primarily driven by several factors such as the implementation of cancer screening programs, increase in cancer prevalence, and the rise in geriatric population. The country faces a significant burden of cancer, with breast cancer being one of the most prevalent types of cancer.
As per a study published by NCBI, around 52,000 Russian women receive a breast cancer diagnosis each year. Collaborations have been created between the Federal Medical Biological Agency and organizations like the Hala-Rachel Nash Jerusalem Breast Clinic in response to this large disease burden.
These collaborations aim to conduct breast cancer screening programs and contribute to addressing the challenges posed by breast cancer in Russia.
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Endoscopes Market Scope
Endoscopes Market Companies
| Name | Profile | # Employees | HQ | Website |
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Russia endoscopes market size, by product, 2018-2030 (US$M)
Russia Endoscopes Market Outlook Share, 2023 & 2030 (US$M)
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