Market revenue in 2023 | USD 148.0 million |
Market revenue in 2030 | USD 307.6 million |
Growth rate | 11% (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 |
Flexible endoscopes market was the largest segment with a revenue share of 46.15% in 2023. Horizon Databook has segmented the Switzerland 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 demand for endoscopes in Switzerland has witnessed a significant increase due to rising preference for minimally invasive surgeries and advancements in endoscopy technology. The growing geriatric population and increasing burden of cancer are expected to drive market growth in the coming years.
Switzerland ranks 16th globally in terms of cancer prevalence, with approximately 311 cases per 100,000 individuals, according to the World Cancer Research Fund's 2020 data. This high cancer burden contributes to the substantial demand for endoscopes in the country.
To address the growing prevalence of cancer, the Swiss government initiated the National Cancer Programme, which ran a trial period from 2005 to 2010. Its success prompted healthcare officials to relaunch the program in 2011, aiming to reduce cancer-related deaths and provide improved treatment options for cancer patients.
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