Global Esophagoscopes & Gastroscopes Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Rigid Endoscope and Flexible Endoscope.

By End User;

Hospitals, Ambulatory Surgical Centers, Specialty Clinics, and Diagnostic Centers.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn669213101 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Esophagoscopes & Gastroscopes Market (USD Million), 2021 - 2031

In the year 2024, the Global Esophagoscopes & Gastroscopes Market was valued at USD 1,677.00 million. The size of this market is expected to increase to USD 2,455.72 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.6%.

The global esophagoscopes and gastroscopes market is witnessing substantial growth propelled by advancements in technology and an increasing prevalence of esophageal and gastric disorders worldwide. Esophagoscopes and gastroscopes are crucial diagnostic and therapeutic tools used in the examination and treatment of conditions affecting the esophagus and stomach, such as gastroesophageal reflux disease (GERD), Barrett's esophagus, and gastric ulcers. Technological advancements, including the development of high-definition imaging and minimally invasive techniques, have significantly enhanced the capabilities and accuracy of these devices, driving their demand among healthcare professionals.

The rising geriatric population, coupled with changing dietary habits and lifestyle factors, has contributed to the surge in gastrointestinal disorders, further fueling market growth. As the elderly population grows, there is a higher incidence of conditions like esophageal cancer and gastritis, necessitating the use of esophagoscopes and gastroscopes for early detection and intervention. Additionally, the expansion of healthcare infrastructure in emerging economies, coupled with increasing healthcare expenditure, is expected to create lucrative opportunities for market players in untapped regions.

The market faces challenges such as the high cost of equipment, limited reimbursement policies, and stringent regulatory requirements, which may hinder its full potential. Furthermore, concerns regarding the risk of infections associated with endoscopy procedures and the shortage of skilled healthcare professionals proficient in performing these procedures pose additional obstacles to market growth. Nevertheless, efforts to address these challenges through innovations in product development, strategic collaborations, and initiatives to enhance awareness about digestive health are expected to sustain the growth trajectory of the global esophagoscopes and gastroscopes market in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Global Esophagoscopes & Gastroscopes Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Increasing Incidence of Esophageal and Gastric Disorders
        3. Growing Adoption of Minimally Invasive Procedures
        4. Rising Geriatric Population
        5. Expansion of Healthcare Infrastructure
      2. Restraints
        1. High Cost of Equipment
        2. Limited Reimbursement Policies
        3. Stringent Regulatory Requirements
        4. Risk of Infections Associated with Endoscopy
        5. Lack of Skilled Healthcare Professionals
      3. Opportunities
        1. Emerging Markets in Asia-Pacific and Latin America
        2. Development of Disposable Endoscopes
        3. Integration of Artificial Intelligence in Endoscopy
        4. Collaborations and Partnerships for Research and Development
        5. Increasing Awareness and Screening Programs for Digestive Diseases
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Esophagoscopes & Gastroscopes Market, By Product, 2021 - 2031 (USD Million)
      1. Rigid Endoscope
      2. Flexible Endoscope
    2. Global Esophagoscopes & Gastroscopes Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Ambulatory Surgical Centers
      3. Specialty Clinics
      4. Diagnostic Centers
    3. Global Esophagoscopes & Gastroscopes Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Karl Storz SE & Co. KG
      2. Boston Scientific Corporation
      3. Cook Medical LLC
      4. Medtronic plc
      5. Richard Wolf GmbH
      6. Ambu A/S
  7. Analyst Views
  8. Future Outlook of the Market