Market Insights Health Medical Technology Medical Devices

Endoscopic Devices - Worldwide

Worldwide

The Endoscopic Devices market market worldwide is anticipated to achieve a revenue of US$29.41bn by 2024.
It is projected to witness a steady annual growth rate (CAGR 2024-2028) of 6.21%, leading to a market volume of US$37.43bn by 2028.
When compared globally, the United States is expected to generate the highest revenue of US$10,160.00m in 2024.
In the worldwide market for Endoscopic Devices in the Medical Technology sector, the United States remains at the forefront of innovation and adoption due to its advanced healthcare infrastructure and high investment in research and development.

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

Market

Region

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.