Thailand Endoscopes Market Size & Outlook, 2023-2030
Thailand endoscopes market, 2018-2030 (US$M)
Related Markets
Thailand endoscopes market highlights
- The Thailand endoscopes market generated a revenue of USD 55.5 million in 2023 and is expected to reach USD 106.0 million by 2030.
- The Thailand market is expected to grow at a CAGR of 9.7% 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.
Endoscopes market data book summary
| Market revenue in 2023 | USD 55.5 million |
| Market revenue in 2030 | USD 106.0 million |
| Growth rate | 9.7% (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, Thailand accounted for 0.4% 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 49.91% in 2023. Horizon Databook has segmented the Thailand 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 Thailand is currently nascent and is anticipated to experience growth driven by favorable initiatives undertaken by private players. These initiatives focus on training healthcare professionals and increasing R&D efforts for developing advanced endoscopes.
In July 2016, Olympus Corporation opened a Thai Training and Education Center to raise awareness about surgical and gastrointestinal endoscopes and provide training to healthcare professionals in Southeast Asia.
Similarly, with the introduction of the Universal Coverage Scheme in 2017 by the Ministry of Public Health, the market is registering significant growth due to increasing demand for laparoscopic surgeries in private hospitals. Such initiatives contribute to the growth and advancement of endoscopy practices in the region.
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Endoscopes Market Scope
Endoscopes Market Companies
| Name | Profile | # Employees | HQ | Website |
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Thailand endoscopes market size, by product, 2018-2030 (US$M)
Thailand Endoscopes Market Outlook Share, 2023 & 2030 (US$M)
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