Endoscopy Devices Market to Surpass USD 50.4 Billion by 2035
New York, Monday, 1 September 2025.
Projected to grow with a 3.4% CAGR, driven by demand for minimally invasive procedures and technological advancements.
Technological Advancements Propel Market Growth
The endoscopy devices market is projected to exceed USD 50.4 billion by 2035, driven by a compound annual growth rate (CAGR) of 3.4% from 2025 to 2035. This growth is largely fueled by significant technological advancements in endoscopy, including the development of capsule endoscopy, robotic-assisted systems, and AI-based diagnostic support. These innovations are transforming clinical workflows by making procedures faster, safer, and more precise [1][2]. Technological improvements like these are crucial in addressing the increasing demand for minimally invasive procedures, a trend that has become more prominent due to the global rise in chronic diseases [1].
Adoption of Minimally Invasive Procedures
Minimally invasive procedures, which are characterized by smaller incisions and reduced recovery times, are becoming the preferred option for many patients and healthcare providers. This preference is a major driver for the growth in the endoscopy devices market. The adoption of these procedures is enhanced by the expansion of ambulatory surgical centers (ASCs) worldwide, which emphasize efficiency and lower treatment costs. ASCs play a significant role in accelerating the demand for compact, user-friendly endoscopic platforms [1]. Despite the benefits, the high cost of technologically advanced systems remains a limiting factor for adoption in lower-income regions. However, governments and healthcare providers are increasingly acknowledging the long-term cost benefits of minimally invasive surgery (MIS), prompting greater investments in infrastructure [1].
Challenges and Opportunities in Endoscopy Devices Market
While the future of the endoscopy devices market appears promising, several challenges must be addressed. High device costs and the risk of cross-contamination are significant obstacles. Moreover, the availability of alternative diagnostic techniques and a shortage of skilled professionals pose additional challenges [3]. Conversely, the growing geriatric population, alongside increasing cases of gastrointestinal and respiratory disorders, presents significant opportunities for market growth. Companies are investing heavily in research and development to overcome these challenges and capitalize on the expanding market demands. This includes the introduction of single-use instruments and automated endoscope reprocessing, which enhance efficiency and hygiene [3].
Market Dynamics and Competitive Landscape
The endoscopy devices market is highly competitive, with leading companies focusing on innovation, partnerships, and regional expansion to maintain their market positions. Prominent players include Olympus Corporation, Ethicon Endo-Surgery, Covidien plc (Medtronic), Boston Scientific Corporation, and Intuitive Surgical, Inc. [1][2][3]. Recent developments in the market underscore the increasing reliance on artificial intelligence to enhance diagnostic precision and procedural efficiency. For instance, Olympus Europa’s Odin Vision received CE approval for AI-powered endoscopy medical devices in October 2024, marking a significant milestone in the integration of AI with medical devices [1]. As companies continue to innovate, the landscape of the endoscopy devices market will likely evolve to incorporate more technologically advanced and efficient solutions.