UAE Endoscopes Market Size & Outlook, 2023-2030
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UAE endoscopes market highlights
- The UAE endoscopes market generated a revenue of USD 54.5 million in 2023 and is expected to reach USD 93.8 million by 2030.
- The UAE market is expected to grow at a CAGR of 8.1% 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 54.5 million |
| Market revenue in 2030 | USD 93.8 million |
| Growth rate | 8.1% (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, UAE 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 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 46.97% in 2023. Horizon Databook has segmented the UAE 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 UAE endoscopes market is projected to witness growth primarily driven by the increasing geriatric population and the high prevalence of cancer. The Health Authority-Abu Dhabi (HAAD) issued recommendations for treating colorectal cancer, which is expected to boost the demand for endoscopes.
Furthermore, ongoing reforms in HAAD are anticipated to positively impact the market growth trajectory. Moreover, cancer ranks as the third leading cause of death in the UAE, resulting in an increased demand for both diagnostic and therapeutic endoscopy procedures.
In addition, hospitals and healthcare facilities in the UAE are expanding their endoscopy services to meet the growing demand. This expansion is expected to positively impact the local market, leading to increased revenue generation.
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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 |
UAE endoscopes market size, by product, 2018-2030 (US$M)
UAE Endoscopes Market Outlook Share, 2023 & 2030 (US$M)
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