Published by Coherent Market Insights
Posted on September 28, 2021
5 min readLast updated: February 1, 2026
Technological advancements and rising gastrointestinal diseases are driving growth in the endoscopes market, with opportunities from the increasing geriatric population.
Endoscopy is minimal invasive procedure in which endoscope is placed inside body either through body openings (mouth, anus etc.) or by making small incisions on the body. Endoscopes are used in various applications such as GI endoscopy, arthroscopy, hysteroscopy, and ureteroscopy. There are many types of endoscopes depending on the site in the body and type of procedure an endoscopy.
Endoscope is a kind of telescope used by operator (Physician) in order to observe the insights of body cavities. Endoscopes consist of flexible tubes such as light tube and image receiver tube, which transmits the interior view on display system. Endoscopes are increasingly used to perform small surgeries and other minor medical procedures (Biopsies). Small laser is also used with endoscopes either to kill tissue or to perform incision. Innovative type of endoscopes combining different devices such as ultrasound are used to better diagnose and treat various GI tract associated disease.
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Increasing prevalence of gastrointestinal diseases is expected to propel growth of endoscopes market. For instance, according to the study, ‘A study of prevalence and determinants of irritable bowel syndrome in an urban slum community in Mumbai’, published in November 2018, the prevalence of irritable bowel syndrome was 12.27%, of which 56% were males and 44% were females. Moreover, R&D of new endoscopy technologies is also expected to aid in growth of the market. For instance, in June 2020, Xenocor, Inc. received the U.S. patent in connection with the Xenoscope Single-use Laparoscopic System, which provides valuable protection for materials used in the disposable scope that reduce fogging and improve the clarity of the resulting images provided by the system.
Increasing geriatric population is expected to offer lucrative growth opportunities for players in the endoscopes market. For instance, according to the U.S. Census Bureau, the U.S. geriatric population is expected to reach 77 million by 2034. Moreover, increasing number of emergency surgeries is also expected to aid in growth of the market. For instance, according to Australian Institute of Health and Welfare’s Hospitals at a glance 2017–18 report updated in August 2019, admissions for emergency surgery increased between 2016-2017 and 2017-2018 by 2.9% in public hospitals and by 5.1% in private hospitals in Australia.
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Major players operating in the endoscopes market include, Medtronic plc, Olympus Corporation, Hoya Corporation, Fujifilm Holdings Corporation, Xenocor, Inc., enlightenVue, CONMED Corporation, Stryker Corporation, DePuy Synthes, Boston Scientific Corporation, PENTAX Medical, Smith and Nephew, and Cook Medical, Inc.
Major players operating in the endoscopes market are focused on approval and launch of new products to expand their product portfolio. For instance, in March 2020, enlightenVue received the U.S. FDA 510(k) clearance for surgiVue single-use platform of micro endoscopes. Similarly, in December 2019, PENTAX Medical, a developer of diagnostic and therapeutic endoscopy, launched EB19-J10U Ultrasound Video Bronchoscope that offers ultrasound imaging of the airway wall, surrounding lymph nodes, and adjacent structures.
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The post Endoscopes Market – Technological advancements in endoscopy procedures development activities by manufacturers is expected to boost the growth of the market appeared first on Gatorledger.
The article focuses on the growth of the endoscopes market driven by technological advancements and increasing demand.
How are technological advancements impacting the endoscopes market?
What role does the geriatric population play in market growth?
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