Europe Gastrointestinal Endoscopic Devices Market, 2024-2030
The gastrointestinal endoscopic devices market in Europe is expected to reach a projected revenue of US$ 3,557.1 million by 2030. A compound annual growth rate of 4.4% is expected of Europe gastrointestinal endoscopic devices market from 2025 to 2030.
Stryker Corp, Boston Scientific Corp, Johnson & Johnson, FUJIFILM Holdings Corp, Conmed Corp
Other key industry trends
In terms of revenue, Europe region accounted for 24.3% of the global gastrointestinal endoscopic devices market in 2024.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
North America is the fastest growing regional market and is projected to reach USD 6,168.8 million by 2030.
Constant technological advancements in endoscopy, increase in elderly population, and rise in the demand for minimally invasive procedures are among the factors propelling the market growth in the region. In May 2018, GI Supply, Inc. received CE Mark approval for marketing its product, Spot Ex Endoscopic Tattoo, in Europe.
It is used for endoscopic marking of suspicious lesions and cancerous tissues so that they are easily identified during follow-up colonoscopy procedure. In addition, it is the only endoscopic tattoo device to have long-term clinical surveillance indication, prompting gastroenterologists to set new ESGE guidelines for its acceptance and use.
Moreover, government guidelines regarding use of endoscopy procedures help promote the market growth. In June 2019, ESGE, along with United European Gastroenterology (UEG), developed performance measures for small-bowel endoscopy to provide improved endoscopy services in Europe.
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 Gastrointestinal Endoscopic Devices Market will help companies and investors design strategic landscapes.
Flexible Gastrointestinal Endoscopes was the largest segment with a revenue share of 52.99% in 2024.
Horizon Databook has segmented the Europe gastrointestinal endoscopic devices market based on rigid gastrointestinal endoscopes, flexible gastrointestinal endoscopes, disposable gastrointestinal endoscopes covering the revenue growth of each sub-segment from 2018 to 2030.
Constant technological advancements in endoscopy, increase in elderly population, and rise in the demand for minimally invasive procedures are among the factors propelling the market growth in the region. In May 2018, GI Supply, Inc. received CE Mark approval for marketing its product, Spot Ex Endoscopic Tattoo, in Europe.
It is used for endoscopic marking of suspicious lesions and cancerous tissues so that they are easily identified during follow-up colonoscopy procedure. In addition, it is the only endoscopic tattoo device to have long-term clinical surveillance indication, prompting gastroenterologists to set new ESGE guidelines for its acceptance and use.
Moreover, government guidelines regarding use of endoscopy procedures help promote the market growth. In June 2019, ESGE, along with United European Gastroenterology (UEG), developed performance measures for small-bowel endoscopy to provide improved endoscopy services in Europe.
Europe Gastrointestinal Endoscopic Devices Market Product Outlook (Revenue, USD Million , 2018-2030)
Rigid Gastrointestinal Endoscopes
Flexible Gastrointestinal Endoscopes
Disposable Gastrointestinal Endoscopes
Europe Gastrointestinal Endoscopic Devices Market End Use Outlook (Revenue, USD Million , 2018-2030)
Hospitals
Outpatient Facilities
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe gastrointestinal endoscopic devices market, including forecasts for subscribers. This continent databook contains high-level insights into Europe gastrointestinal endoscopic devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Europe Gastrointestinal Endoscopic Devices Market, 2018-2030 (US$M)