Market Insights Health Medical Technology Medical Devices

Endoscopic Devices - Southeast Asia

Southeast Asia

In Southeast Asia, the revenue of the Endoscopic Devices market market is estimated to reach US$0.68bn by the year 2024.
It is anticipated that this revenue will experience a compound annual growth rate (CAGR) of 7.85% from 2024 to 2028, leading to a market volume of US$0.92bn by 2028.
When compared globally, the United States is projected to generate the highest revenue in this market, with US$10,160.00m expected in 2024.
In Southeast Asia, the demand for endoscopic devices is on the rise, driven by advancements in healthcare infrastructure and increasing awareness of minimally invasive procedures.

Key regions: Spain, China, Netherlands, France, Japan

Market

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Region comparison

Currency

Methodology

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on medical devices and IVD revenues allocated to the country where the money is spent at manufacturer price levels excluding VAT.

Modeling approach / Market size:

Modeling employs a top-down approach with a bottom-up validation, using financial information of the key players by market. Market sizes are determined by a top-down approach, based on a specific rationale for each market market and allocated to the covered countries according to the global market shares. As a basis for evaluating markets, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare system, and regulations concerning medical products. Next, we use further relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare payer system, and regulations concerning medical products. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.