Vietnam Endoscopes Market Size & Outlook, 2023-2030
Vietnam endoscopes market, 2018-2030 (US$M)
Related Markets
Vietnam endoscopes market highlights
- The Vietnam endoscopes market generated a revenue of USD 36.3 million in 2023 and is expected to reach USD 71.3 million by 2030.
- The Vietnam market is expected to grow at a CAGR of 10.1% 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 36.3 million |
| Market revenue in 2030 | USD 71.3 million |
| Growth rate | 10.1% (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, Vietnam accounted for 0.2% 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 46.28% in 2023. Horizon Databook has segmented the Vietnam 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.
Vietnam endoscopes market is primarily driven by growing geriatric population and the rising prevalence of chronic diseases. Vietnam’s population is experiencing rapid aging, with an estimated 7.9% of the population aged 65 years and above in 2020.
Currently, around 12.6 million individuals come under the geriatric population in Vietnam, constituting 12.8% of the total population. This number is projected to rise to 22 million by 2038, representing 20% of the total population. This is expected to increase the prevalence of age-associated diseases, driving the demand for endoscopes in the country.
Furthermore, national screening programs for cancer diagnosis are being developed in Vietnam. These programs are expected to contribute to an increased demand for endoscopes in the coming years, as early cancer detection and diagnosis require endoscopic procedures.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Endoscopes Market Scope
Endoscopes Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Vietnam endoscopes market size, by product, 2018-2030 (US$M)
Vietnam Endoscopes Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
