U.S. Endoscopes Market Size & Outlook, 2023-2030
U.S. endoscopes market, 2018-2030 (US$M)
Related Markets
U.S. endoscopes market highlights
- The U.S. endoscopes market generated a revenue of USD 5,749.6 million in 2023 and is expected to reach USD 10,248.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 8.6% 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 5,749.6 million |
| Market revenue in 2030 | USD 10,248.2 million |
| Growth rate | 8.6% (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, U.S. accounted for 38.7% 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 North America, U.S. endoscopes market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 707.4 million by 2030.
Flexible endoscopes market was the largest segment with a revenue share of 49.85% in 2023. Horizon Databook has segmented the U.S. 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 growing preference for minimally invasive procedures across various medical specialties in the U.S., including gastroenterology, pulmonology, urology, gynecology, and otolaryngology, is driving the demand for endoscopes.
Furthermore, the rising prevalence of cancer, growing geriatric population susceptible to chronic illnesses requiring endoscopic procedures, and the increasing importance of timely disease diagnosis & early interventions are driving the demand for endoscopes.
According to the American Cancer Society, approximately 26,500 new cases of stomach cancer and around 11,130 stomach cancer-related deaths are expected to be reported in 2023. Moreover, an advanced healthcare infrastructure, high investments by market players and hospitals promoting the use of novel endoscopy equipment, and favorable reimbursement policies are factors expected to drive market growth in the U.S. For instance, in June 2021, EvoEndo raised USD 10.1 million to promote the use of unsedated transnasal for patients and physicians.
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Endoscopes Market Scope
Endoscopes Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. endoscopes market size, by product, 2018-2030 (US$M)
U.S. Endoscopes Market Outlook Share, 2023 & 2030 (US$M)
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