Endoscopy Equipment Market Worth $59.8 Billion by 2029

Endoscopy Equipment Market by Type (Endoscope [Flexible, Rigid, Capsule], Visualization System, Accessories [Insufflators, Mouthpieces], Software), Application (Colonoscopy, Arthroscopy, Bronchoscopy, Laryngoscopy), End User – Global Forecast to 2029

The Endoscopy Equipment Market is expected to reach $59.8 billion by 2029, at a CAGR of 5.8% from 2022 to 2029. Endoscopy procedures are minimally invasive procedures used to examine a patient’s internal organs or tissue. These devices are either placed into the body through natural openings or cavities (such as mouth and anus) or through incisions, especially in the case of arthroscopy. During the endoscopy procedure, equipment and tools, including procedure-specific scopes, video monitors, imaging devices, light sources, monitoring equipment, endoscope cabinets, insufflators, video processors, and endoscopy trolleys or carts are used to ensure a safe and successful procedure.

Endoscopy equipment is primarily used by gynecologists, neurologists, gastroenterologists, nephrologists, hepatologists, cardiologists, and liver transplant surgeons. The endoscopy equipment market is growing due to the rising prevalence of diseases which require endoscopies, technological advancements, and a high preference for minimally invasive procedures. Additionally, emerging economies are expected to provide significant market growth opportunities.

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