The endoscopes market in China is expected to reach a projected revenue of US$ 2,951.3 million by 2030. A compound annual growth rate of 5.2% is expected of China endoscopes market from 2024 to 2030.
In terms of revenue, China accounted for 8.6% of the global endoscopes market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, China endoscopes market is projected to lead the regional market in terms of revenue in 2030.
India is the fastest growing regional market in Asia Pacific and is projected to reach USD 615.1 million by 2030.
China has the world’s largest population and is one of the fastest-growing economies. Increasing collaborations among market players for developing advanced endoscopes is one of the key factors driving market growth.
For instance, in July 2020, Pentax Medical and Hitachi entered into a 5-year contract to develop endoscopic ultrasound systems, strengthening the technological collaboration between the two companies. Various initiatives undertaken by private players are also expected to drive market growth.
For instance, Olympus Corporation established Shanghai Medical Training & Education Center to provide training to healthcare professionals. The primary objective of this training center is to promote advanced endoscopic techniques through demonstrations, electronic stimulations, and hands-on animal training.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Endoscopes Market Outlook will help companies and investors design strategic landscapes.
Endoscopes was the largest segment with a revenue share of 105.46% in 2023.
Horizon Databook has segmented the China endoscopes market based on endoscopes covering the revenue growth of each sub-segment from 2018 to 2030.
China has the world’s largest population and is one of the fastest-growing economies. Increasing collaborations among market players for developing advanced endoscopes is one of the key factors driving market growth.
For instance, in July 2020, Pentax Medical and Hitachi entered into a 5-year contract to develop endoscopic ultrasound systems, strengthening the technological collaboration between the two companies. Various initiatives undertaken by private players are also expected to drive market growth.
For instance, Olympus Corporation established Shanghai Medical Training & Education Center to provide training to healthcare professionals. The primary objective of this training center is to promote advanced endoscopic techniques through demonstrations, electronic stimulations, and hands-on animal training.
China Endoscopes Market Product Outlook (Revenue, USD Million , 2018-2030)
Endoscopes
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Horizon Databook provides a detailed overview of country-level data and insights on the China Endoscopes Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Endoscopes Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.