What is the Future Growth and Size of the Rigid Endoscope Market?
The size of the Rigid Endoscope Market has seen substantial growth in recent years. It is expected to grow from $4.88 billion in 2024 to $5.26 billion in 2025 at a compound annual growth rate (CAGR) of 7.9%. This growth in the historic period can be attributed to factors such as global civil unrest, increased urbanization and population density, political instability, and the need for modernization in law enforcement and military. The rigid endoscope market size is projected to see even more significant growth in the future. It is forecasted to grow to $7.32 billion in 2029 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecasted period can be attributed to factors such as terrorism and asymmetric threats, pandemic-related unrest, public events and mass gatherings, national security concerns, and increased public awareness and advocacy.
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What are the Primary Drivers of the Rigid Endoscope Market?
The increasing prevalence of cancer and gastrointestinal disorders is a significant driver of the rigid endoscope market’s growth. Rigid endoscopes facilitate the diagnosis and treatment of these conditions, allowing clinicians to see inside the patient’s body, perform biopsies, and carry out minimally invasive operations that lead to earlier diagnoses and more effective treatment. For instance, in 2023, the American Cancer Society reported that cancer cases rose from 1,898,160 in 2021 to 1,958,310, reflecting a growth of 3.16%. Additionally, according to the International Agency for Research on Cancer, globally, gastrointestinal cancers account for one in every four cancer cases and one in every three cancer deaths. Therefore, the increasing prevalence of cancer and gastrointestinal disorders are critical drivers for the growth of the rigid endoscope market.
What are the Critical Segments in the Rigid Endoscope Market?
• Types: Laparoscope, Arthroscope, Gynecological Endoscope, ENT endoscopy, Urology endoscopy, Neurology endoscopy, Other Types
• Hygiene: Single-use, Reprocessing, Sterilization
• Applications: Hospital and Clinic, Ambulatory Surgical Center (ASC), Other Applications
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Who are the Major Players in the Rigid Endoscope Market?
Major players in the rigid endoscope market include Stryker Corporation, Karl Storz SE & Co. KG, Richard Wolf GmbH, Olympus Corporation, Medtronic plc, CONMED Corporation, Smith & Nephew plc, B Braun Melsungen AG, Henke-Sass Wolf GmbH, Ethicon Inc., Fujifilm Holdings Corporation, Integrated Endoscopy Inc., NeoScope Inc., PENTAX Medical, Optomic España SA, Hoya Corporation, Aesculap Inc., Boston Scientific Corporation, Cook Medical Inc., Pristine Surgical LLC, Allengers Medical Systems Ltd., Bausch Health Companies Inc., Cardinal Health Inc., EndoChoice Holdings Inc.
Which are the Emerging Trends in the Rigid Endoscope Market?
Major players in the rigid endoscope market are focusing on creating innovative products to strengthen their position in the market. For instance, Integrated Endoscopy introduced Gen II NUVIS, a single-use, 4K, battery-operated cordless arthroscopy for arthroscopic surgical procedures. This patent-pending streamlined optical train decreases the number of optical elements by more than 60% while increasing image quality to 4K.
What is the Regional Analysis of the Rigid Endoscope Market?
North America was the largest region in the rigid endoscope market in 2024. However, the Asia-Pacific region is expected to be the fastest-growing region in the global rigid endoscope market during the forecast period. Other regions covered in the report include Western Europe, Eastern Europe, South America, the Middle East, and Africa.
What Does The Rigid Endoscope Market Report 2025 Offer?
A rigid endoscope is a tubular medical instrument that is widely employed in minimally invasive surgical procedures. By purchasing this report, you’ll gain insights into the rigid endoscope market research which provides global market size, growth rate, regional shares, detailed segments, trends, and opportunities.
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