How big is the flexible endoscopes market today, and what are its future growth expectations?
The flexible endoscopes market size has grown strongly in recent years. It will grow from $9.7 billion in 2024 to $10.49 billion in 2025 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to advancements in medical technology, rising prevalence of gastrointestinal diseases, diagnostic and treatment advancements, global healthcare access.
The flexible endoscopes market size is expected to see strong growth in the next few years. It will grow to $14.01 billion in 2029 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to personalized medicine, telemedicine and remote procedures, patient education and awareness, reimbursement policies. Major trends in the forecast period include artificial intelligence integration, capsule endoscopy, 3d imaging, endoscopy in pediatric care.
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Which industry factors have accelerated the flexible endoscopes market’s expansion?
The rising prevalence of chronic diseases is expected to propel the growth of the flexible endoscopes market going forward. Chronic diseases are long-term medical conditions that persist over an extended period and often progress slowly. Flexible endoscopes offer early identification and reliable diagnosis of a variety of chronic disorders, including respiratory, gastrointestinal (GI) and urological diseases, by providing direct viewing. They are also utilized for therapeutic interventions in chronic diseases. For instance, in June 2024, according to the Australian Institute of Health and Welfare, an Australia-based government agency, the age-standardized death rate for chronic conditions was 448 per 100,000 population, which increased to 459 per 100,000 in 2021 and further rose to 490 per 100,000 in 2022. Therefore, the increase in the prevalence of chronic diseases is driving the growth of the flexible endoscopes market.
What are the primary segments of the flexible endoscopes market?
The flexible endoscopes market covered in this report is segmented –
1) By Product: Fiberscope, Video Endoscope
2) By Application: GI Endoscopy, Pulmonary Endoscopy, ENT Endoscopy, Obstetrics or Gynecology, Urology, Other Applications
3) By End User: Hospitals, Ambulatory Surgery Centers, Other End Users
Subsegments:
1) By Fiberscope: Standard Fiberscope, Specialty Fiberscope
2) By Video Endoscope: Rigid Video Endoscope, Flexible Video Endoscope
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Which firms are leading the flexible endoscopes market?
Major companies operating in the flexible endoscopes market are Medtronic PLC, Fujifilm Holdings Corporation, Becton Dickinson and Company, Stryker Corporation, Boston Scientific Corporation, AB SKF, Olympus Corporation, HOYA Corporation, Smith & Nephew PLC, Micro-Epsilon Messtechnik GmbH & Co. KG, EndoChoice International, Pentax Medical, Ambu Inc., Richard Wolf GmbH, Welch Allyn Inc., Cooper Surgical Inc., Ethicon Endo-surgery LLC, Vimex Endoscopy, Endo-Flex GmbH, Machida Endoscope Co Ltd., XION GmbH, Huger Medical Instrument Co. Ltd., Endomed Systems Gmbh, Karl Storz GmbH & Co. KG., Laborie Medical Technologies Inc., ACMI Corporation.
Which market trends are set to define the future of the flexible endoscopes market?
Major companies operating in the flexible endoscopes market are innovating new products and getting approvals for them to sustain their position in the market. The development in flexible endoscope provide better comfort and with the introduction of Zsquare ENT-Flex Rhinolaryngoscope, it offers increased patient comfort compared to traditional reusable endoscopes. For instance, in July 2022, Zsquare, an Israel-based developer of flexible, high-resolution single-use endoscopes, announced the FDA’s (Food and Drug Administration) approval of the Zsquare ENT-Flex Rhinolaryngoscope, the first high-performance single-use ENT (ear, nose and throat) endoscope. It is the first single-use endoscope to utilize a hybrid design, with an all-optical disposable shell covering a reusable component. This flexible endoscope has an improved design offers medical practitioners high-resolution imaging through the most undersized diameter endoscope shaft at the lowest cost-per-use in single-use endoscopy. A few advantages of this innovative engineering include increased diagnostic quality, patient comfort and significant cost savings for payers and providers.
Which geographic trends are shaping the flexible endoscopes market, and which region has the highest market share?
North America was the largest region in the flexible endoscopes market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in flexible endoscopes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What Does The Flexible Endoscopes Market Report 2025 Offer?
The flexible endoscopes market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Flexible endoscopes refer to an endoscope that uses elastic, transparent fibers to transmit light and images back to the observer. It is an inspection instrument that allows healthcare professionals to examine and treat various body parts from the inside. Flexible endoscopes are essential for minimally invasive procedures, enabling quicker recovery times, reduced risks and better patient outcomes than traditional open surgeries.
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