UK Endoscopes Market Size & Outlook, 2023-2030
Related Markets
UK endoscopes market highlights
- The UK endoscopes market generated a revenue of USD 398.6 million in 2023 and is expected to reach USD 885.4 million by 2030.
- The UK market is expected to grow at a CAGR of 12.1% 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 398.6 million |
| Market revenue in 2030 | USD 885.4 million |
| Growth rate | 12.1% (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, UK accounted for 2.7% 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 49.85% in 2023. Horizon Databook has segmented the UK 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 cancer & chronic diseases and the growing geriatric population are expected to drive the UK endoscopes market. According to Macmillan Cancer Support estimates, in October 2022, there are approximately 3 million patients suffering from cancer in the UK, and it estimated that there would be 5.3 million cancer patients in the country by 2040.
Introduction of the National Awareness and Early Diagnosis Initiative has facilitated early diagnoses of cancers, along with increased access to optimal treatment, thereby playing a vital role in driving the market.
In addition, the growing awareness of and preference among physicians & patients for improving postprocedure outcomes and reducing the risk of cross-contamination is driving the demand for disposable endoscopes.
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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 |
UK endoscopes market size, by product, 2018-2030 (US$M)
UK Endoscopes Market Outlook Share, 2023 & 2030 (US$M)
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