| Product Code: ETC13276306 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Gastrointestinal Endoscopic Devices Market was valued at USD 4.4 Billion in 2024 and is expected to reach USD 6.9 Billion by 2031, growing at a compound annual growth rate of 6.50% during the forecast period (2025-2031).
The Global Gastrointestinal Endoscopic Devices Market is experiencing steady growth driven by the increasing prevalence of gastrointestinal disorders, technological advancements in endoscopic devices, and rising geriatric population. The market encompasses a wide range of devices such as endoscopes, capsule endoscopes, stents, and accessories used for diagnostic and therapeutic procedures in the gastrointestinal tract. Key players in the market are investing in research and development to launch innovative products, enhance patient outcomes, and improve procedural efficiency. North America holds a significant market share due to the high adoption rate of advanced medical technologies, while the Asia-Pacific region is expected to witness rapid growth due to improving healthcare infrastructure and increasing healthcare expenditure. The market is characterized by competitive dynamics, with companies focusing on strategic partnerships, mergers, and acquisitions to strengthen their market presence.
The Global Gastrointestinal Endoscopic Devices Market is experiencing significant growth due to the increasing prevalence of digestive disorders and the rising adoption of minimally invasive procedures. Key trends in the market include the development of advanced technologies such as HD and 3D imaging systems, robotic-assisted endoscopy, and capsule endoscopy. The market is also witnessing a surge in demand for disposable and single-use endoscopes to reduce the risk of infections. Opportunities in the market lie in the expansion of endoscopic procedures to diagnose and treat a wide range of gastrointestinal conditions, as well as the growing focus on early detection of gastrointestinal cancers. Companies are investing in research and development to innovate new products and expand their market presence, particularly in emerging economies with a rising incidence of gastrointestinal diseases.
The Global Gastrointestinal Endoscopic Devices Market faces several challenges, including high costs associated with the devices and procedures, limited reimbursement coverage in some regions, and the need for skilled professionals to perform endoscopic procedures. Additionally, there is a growing concern regarding infection control and patient safety during endoscopic examinations. Competition among key market players and the introduction of new technologies also pose challenges in terms of market growth and adoption. Moreover, regulatory requirements and standards for endoscopic devices vary across different regions, leading to complexities in market entry and expansion. Overall, addressing these challenges requires continuous innovation, investment in research and development, and collaboration among industry stakeholders to improve patient outcomes and drive market growth.
The Global Gastrointestinal Endoscopic Devices Market is primarily driven by the increasing prevalence of gastrointestinal diseases such as colorectal cancer, Crohn`s disease, and gastroesophageal reflux disease, leading to a growing demand for diagnostic and therapeutic endoscopy procedures. Technological advancements in endoscopic devices, such as the development of high-definition imaging systems, minimally invasive techniques, and robotic-assisted platforms, are also fueling market growth by improving the accuracy and effectiveness of procedures while reducing patient discomfort. Moreover, the rising adoption of endoscopic procedures for early detection and treatment of gastrointestinal disorders, coupled with the growing geriatric population and increasing healthcare expenditure worldwide, further contribute to the expansion of the gastrointestinal endoscopic devices market.
Government policies related to the Global Gastrointestinal Endoscopic Devices Market primarily focus on regulation, safety standards, and reimbursement policies. Regulatory bodies such as the FDA in the US and the European Medicines Agency in Europe play a crucial role in approving and monitoring the safety and efficacy of gastrointestinal endoscopic devices. These devices must comply with strict regulations to ensure patient safety and quality standards. Additionally, reimbursement policies vary by country and healthcare system, impacting the adoption and utilization of these devices. Government initiatives also aim to promote research and development in the field, encouraging innovation and technological advancements in gastrointestinal endoscopy. Overall, government policies in this market aim to safeguard patient health, ensure product quality, and support innovation and access to these essential medical devices.
The Global Gastrointestinal Endoscopic Devices Market is expected to witness significant growth in the coming years due to the increasing prevalence of gastrointestinal disorders, technological advancements in endoscopic devices, and the rising adoption of minimally invasive procedures. Key factors driving market growth include the growing aging population, rising awareness about early disease diagnosis, and the increasing demand for advanced diagnostic and therapeutic procedures. Additionally, the expansion of healthcare infrastructure in developing countries and the continuous innovation in endoscopic technologies are projected to further propel market growth. However, challenges such as high costs associated with endoscopic procedures and limited reimbursement policies may hinder market expansion to some extent. Overall, the Global Gastrointestinal Endoscopic Devices Market is anticipated to experience steady growth, driven by advancements in technology and increasing healthcare expenditure worldwide.
In the global gastrointestinal endoscopic devices market, Asia is anticipated to witness significant growth due to the rising prevalence of gastrointestinal disorders and increasing healthcare expenditure in countries like China and India. North America is expected to hold a prominent market share due to the high adoption rate of advanced medical technologies and the presence of key market players. Europe is projected to show steady growth, driven by the increasing geriatric population and growing awareness about gastrointestinal diseases. The Middle East and Africa region is likely to experience moderate growth, supported by improving healthcare infrastructure and rising healthcare investments. Latin America is also expected to demonstrate growth opportunities, driven by the increasing demand for minimally invasive procedures and rising healthcare spending in countries like Brazil and Mexico.
Global Gastrointestinal Endoscopic Devices Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Gastrointestinal Endoscopic Devices Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Gastrointestinal Endoscopic Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Global Gastrointestinal Endoscopic Devices Market - Industry Life Cycle |
3.4 Global Gastrointestinal Endoscopic Devices Market - Porter's Five Forces |
3.5 Global Gastrointestinal Endoscopic Devices Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Gastrointestinal Endoscopic Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
4 Global Gastrointestinal Endoscopic Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Gastrointestinal Endoscopic Devices Market Trends |
6 Global Gastrointestinal Endoscopic Devices Market, 2021 - 2031 |
6.1 Global Gastrointestinal Endoscopic Devices Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Gastrointestinal Endoscopic Devices Market, Revenues & Volume, By Hemostatis Devices, 2021 - 2031 |
6.1.3 Global Gastrointestinal Endoscopic Devices Market, Revenues & Volume, By Biopsy Devices, 2021 - 2031 |
6.1.4 Global Gastrointestinal Endoscopic Devices Market, Revenues & Volume, By Endoscopic Retrograde Cholangiopancreatography Devices, 2021 - 2031 |
6.1.5 Global Gastrointestinal Endoscopic Devices Market, Revenues & Volume, By Capsule Endoscopes, 2021 - 2031 |
6.1.6 Global Gastrointestinal Endoscopic Devices Market, Revenues & Volume, By GI Videoscopes, 2021 - 2031 |
6.1.7 Global Gastrointestinal Endoscopic Devices Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.3.1 Overview & Analysis |
7 North America Gastrointestinal Endoscopic Devices Market, Overview & Analysis |
7.1 North America Gastrointestinal Endoscopic Devices Market Revenues & Volume, 2021 - 2031 |
7.2 North America Gastrointestinal Endoscopic Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Gastrointestinal Endoscopic Devices Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Gastrointestinal Endoscopic Devices Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Gastrointestinal Endoscopic Devices Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Gastrointestinal Endoscopic Devices Market, Revenues & Volume, By Product, 2021 - 2031 |
8 Latin America (LATAM) Gastrointestinal Endoscopic Devices Market, Overview & Analysis |
8.1 Latin America (LATAM) Gastrointestinal Endoscopic Devices Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Gastrointestinal Endoscopic Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Gastrointestinal Endoscopic Devices Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Gastrointestinal Endoscopic Devices Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Gastrointestinal Endoscopic Devices Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Gastrointestinal Endoscopic Devices Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Gastrointestinal Endoscopic Devices Market, Revenues & Volume, By Product, 2021 - 2031 |
9 Asia Gastrointestinal Endoscopic Devices Market, Overview & Analysis |
9.1 Asia Gastrointestinal Endoscopic Devices Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Gastrointestinal Endoscopic Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Gastrointestinal Endoscopic Devices Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Gastrointestinal Endoscopic Devices Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Gastrointestinal Endoscopic Devices Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Gastrointestinal Endoscopic Devices Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Gastrointestinal Endoscopic Devices Market, Revenues & Volume, By Product, 2021 - 2031 |
10 Africa Gastrointestinal Endoscopic Devices Market, Overview & Analysis |
10.1 Africa Gastrointestinal Endoscopic Devices Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Gastrointestinal Endoscopic Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Gastrointestinal Endoscopic Devices Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Gastrointestinal Endoscopic Devices Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Gastrointestinal Endoscopic Devices Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Gastrointestinal Endoscopic Devices Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Gastrointestinal Endoscopic Devices Market, Revenues & Volume, By Product, 2021 - 2031 |
11 Europe Gastrointestinal Endoscopic Devices Market, Overview & Analysis |
11.1 Europe Gastrointestinal Endoscopic Devices Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Gastrointestinal Endoscopic Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Gastrointestinal Endoscopic Devices Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Gastrointestinal Endoscopic Devices Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Gastrointestinal Endoscopic Devices Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Gastrointestinal Endoscopic Devices Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Gastrointestinal Endoscopic Devices Market, Revenues & Volume, By Product, 2021 - 2031 |
12 Middle East Gastrointestinal Endoscopic Devices Market, Overview & Analysis |
12.1 Middle East Gastrointestinal Endoscopic Devices Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Gastrointestinal Endoscopic Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Gastrointestinal Endoscopic Devices Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Gastrointestinal Endoscopic Devices Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Gastrointestinal Endoscopic Devices Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Gastrointestinal Endoscopic Devices Market, Revenues & Volume, By Product, 2021 - 2031 |
13 Global Gastrointestinal Endoscopic Devices Market Key Performance Indicators |
14 Global Gastrointestinal Endoscopic Devices Market - Export/Import By Countries Assessment |
15 Global Gastrointestinal Endoscopic Devices Market - Opportunity Assessment |
15.1 Global Gastrointestinal Endoscopic Devices Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Gastrointestinal Endoscopic Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
16 Global Gastrointestinal Endoscopic Devices Market - Competitive Landscape |
16.1 Global Gastrointestinal Endoscopic Devices Market Revenue Share, By Companies, 2024 |
16.2 Global Gastrointestinal Endoscopic Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |