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United States Endoscopy Device Market is expected to be valued at around US$ 17.41 Billion by 2030

Renub Research forecasts the United States Endoscopy Devices Market to reach around US$ 17.41 Billion by 2030. Endoscopy, a minimally invasive medical procedure, diagnoses, prevents, and treats visceral organ complications. Endoscopes, crucial in this procedure, inspect interior hollow organs or cavities via natural openings or incisions, like arthroscopy. These devices, equipped with features like cameras or light sources, aid physicians, such as endoscopists, in internal organ analysis. Commonly, endoscopy investigates digestive system symptoms like nausea, vomiting, abdominal pain, difficulty swallowing, and gastrointestinal bleeding.

 

United States Endoscopy Devices Market Size and Growth

 

The US endoscopy device market reached US$ 11.53 Billion in 2023, with an expected CAGR of 6.06% from 2024 to 2030. The growing preference among medical professionals for technologically advanced endoscopy devices, featuring high-definition cameras and light sources, drives market growth. This shift towards minimally invasive surgical procedures, aiming to reduce hospital stays and post-procedure complications, fuels the demand for endoscopy devices. Factors like enhanced patient satisfaction, improved economic viability, and shorter hospital stays are anticipated to drive the demand for minimally invasive endoscopic interventions, accelerating market expansion. Moreover, the increasing prevalence of chronic and other diseases is expected to boost endoscopy adoption for treatment and diagnosis, further propelling market growth. For example, the British Heart Foundation (BHF) reported a significant global burden of cardiovascular diseases, driving the demand for endoscopy procedures in diagnostics.

 

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Additionally, the increasing importance, adoption, and advancement of minimally invasive surgeries globally demonstrate their ongoing utilization in enhancing patient outcomes. For instance, a study published in March 2022, titled ‘Maintaining a minimally invasive surgical service during a pandemic,’ highlights the preference for minimally invasive surgery (MIS) due to reduced morbidity and faster recovery times. MIS is commonly favored for abdominal and pelvic surgeries, leading to a surge in its adoption. This trend is expected to drive the increased use of endoscopy devices for surgical tissue monitoring, thereby fostering market growth.

 

Endoscopes are among the primary product categories in the United States’ endoscopy device market

 

Endoscopes play a pivotal role as a primary device type employed in endoscopy procedures within the United States market. Their advanced imaging capabilities and versatile functionalities enable physicians to visually examine internal organs and cavities with precision, facilitating accurate diagnosis and treatment of various medical conditions. With continuous advancements in technology, endoscopes have become indispensable tools in modern healthcare settings, driving their widespread adoption and contributing significantly to the advancement of minimally invasive surgical techniques and patient care standards.

Gastrointestinal endoscopy is a top application in the US endoscopy device market

 

Gastrointestinal endoscopy holds a prominent position as a leading application in the US endoscopy device market. With its wide range of diagnostic and therapeutic uses, including the examination and treatment of conditions affecting the digestive system, such as ulcers, polyps, and gastrointestinal bleeding, gastrointestinal endoscopy plays a crucial role in modern healthcare. Utilizing advanced endoscopy devices, medical professionals can visualize the internal structures of the gastrointestinal tract with high precision, enabling accurate diagnosis and targeted treatment. This application’s significance underscores its widespread adoption and contribution to enhancing patient care standards in the United States.

 

Single use endoscopy devices constitute a significant segment within the United States market

 

Single-use endoscopy devices form a notable segment within the United States market. These devices offer convenience and safety by eliminating the need for reprocessing, reducing the risk of cross-contamination, and streamlining procedural workflows. With increasing emphasis on infection control and patient safety, the demand for single-use endoscopy devices is on the rise. Additionally, healthcare facilities find them cost-effective due to reduced reprocessing expenses and improved operational efficiency. This segment’s prominence underscores its contribution to modern endoscopy practices and reflects the evolving preferences of healthcare providers for innovative and hygienic medical equipment solutions.

Hospitals represent a significant segment within the United States endoscopy device market

 

Hospitals play a crucial role in the endoscopy device market within the United States, standing as a major sector driving demand and utilization. With a wide array of endoscopic procedures performed in hospital settings, the demand for advanced and innovative endoscopy devices remains high. Endoscopic equipment is integral to diagnostic and therapeutic interventions conducted in hospitals, aiding in the detection, treatment, and management of various medical conditions. The reliance on endoscopy devices underscores the importance of hospitals as key stakeholders in advancing healthcare delivery and improving patient outcomes through minimally invasive procedures.

 

California emerges as one of the leading states in the endoscopy device market within the United States

 

California holds a prominent position as one of the leading states in the United States endoscopy device market. With its robust healthcare infrastructure and a high volume of medical procedures performed annually, California drives significant demand for endoscopic devices. The state’s focus on technological innovation and advanced medical practices further enhances its role in shaping the endoscopy device market landscape. Moreover, the presence of renowned healthcare institutions and research facilities fosters collaboration and innovation in endoscopic technologies, contributing to California’s status as a key market for endoscopy devices in the United States.

 

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Key Players

 

Key players in the US endoscopy device market include Johnson & Johnson, Stryker, Boston Scientific, CONMED, Medtronic Plc, Fujifilm Holdings, and Smith and Nephew.

 

About the Company:

 

Renub Research is a Market Research and Information Analysis company with more than 15 years of experience in Research, Survey, and Consulting. Our research helps companies to take business decisions: on strategy, organization, operations, technology, mergers & acquisitions, etc. Till now we have published more than 9000 syndicated reports and worked on more than 750 custom research projects. Currently, we are supplying data to EMIS, Bloomberg, Thomson Reuters, etc. We support many blue-chip companies by providing them with findings and perspectives across a wide range of markets.

 

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