India Gastrointestinal Endoscopic Devices Market, 2024-2030
- MedTech
- Endoscopy Devices
- gastrointestinal endoscopic devices market
- Endoscopy Devices
India Gastrointestinal Endoscopic Devices Market, 2018-2030 (US$M)
Global Market
Related Markets
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India gastrointestinal endoscopic devices market highlights
- The India gastrointestinal endoscopic devices market generated a revenue of USD 203.1 million in 2024 and is expected to reach USD 282.1 million by 2030.
- The India market is expected to grow at a CAGR of 5.6% from 2025 to 2030.
- In terms of segment, flexible gastrointestinal endoscopes was the largest revenue generating product in 2024.
- Disposable Gastrointestinal Endoscopes is the most lucrative product segment registering the fastest growth during the forecast period.
Gastrointestinal endoscopic devices market data book summary
| Market revenue in 2024 | USD 203.1 million |
| Market revenue in 2030 | USD 282.1 million |
| Growth rate | 5.6% (CAGR from 2025 to 2030) |
| Largest segment | Flexible gastrointestinal endoscopes |
| Fastest growing segment | Disposable Gastrointestinal Endoscopes |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rigid Gastrointestinal Endoscopes, Flexible Gastrointestinal Endoscopes, Disposable Gastrointestinal Endoscopes |
| Key market players worldwide | Stryker Corp, Boston Scientific Corp, Johnson & Johnson, FUJIFILM Holdings Corp, Conmed Corp |
Other key industry trends
- In terms of revenue, India accounted for 1.8% of the global gastrointestinal endoscopic devices market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China gastrointestinal endoscopic devices 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 282.1 million by 2030.
India gastrointestinal endoscopy devices market is primarily driven by increasing preference for minimally invasive surgeries, improving coverage for these surgeries by private insurance, and rising disposable income. Moreover, high chronic disease burden and increasing availability of cancer screening programs are expected to positively affect the market growth.
According to National Institute of Cancer Prevention and Research (NICPR), nearly 0.7 million people are diagnosed with cancer every year. India launched an operational framework for National Cancer-Screening Programme in 2016, which would provide screening for cancer to people over 30 years in certain areas.
This is expected to drive the demand for endoscopic bariatric surgery. In June 2019, Mumbai-based gastroenterologists launched bariatric endoscopic centers called ENLITEN, where Endoscopic Sleeve Gastroplasty (ESG) procedures would take place. Thus, with more such centers, the number of ESG procedures is likely to increase, leading to market growth.
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Publish Date: Jan 08, 2025
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Gastrointestinal Endoscopic Devices Market
Gastrointestinal Endoscopic Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Johnson & Johnson | View profile | 134,400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | www.jnj.com |
| Medtronic PLC | View profile | 95,000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | www.medtronic.com |
| Stryker Corp | View profile | 52,000 | 1941 Stryker Way, Portage, MI, United States, 49002 | www.stryker.com |
| Boston Scientific Corp | View profile | 48,000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | www.bostonscientific.com |
| Steris PLC | View profile | 17,100 | 5960 Heisley Road, Mentor, OH, United States, 44060 | www.steris-ir.com |
| FUJIFILM Holdings Corp | View profile | 83,784 | 7-3, Akasaka 9-chome, Minato-ku, Tokyo, Japan, 107-0052 | www.fujifilmholdings.com |
| Smith & Nephew PLC | View profile | 18,452 | Hatters Lane, Building 5, Croxley Park, Watford, Hertfordshire, United Kingdom, WD18 8YE | www.smith-nephew.com |
| Hoya Corp | View profile | 36,571 | 20th Floor Nishi-Shinjuku Building, 6-10-1, Nishi-Shinjuku, Shinjuku-ku, Tokyo, Japan, 160-8347 | www.hoya.co.jp |
| Conmed Corp | View profile | 4,000 | 11311 Concept Boulevard, Largo, FL, United States, 33773 | www.conmed.com |
| Ambu A/S ADR | View profile | 4,750 | Baltorpbakken 13, Ballerup, Denmark, DK-2750 | www.ambu.com |
India gastrointestinal endoscopic devices market
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 52.34% in 2024.
Horizon Databook has segmented the India 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.
India gastrointestinal endoscopy devices market is primarily driven by increasing preference for minimally invasive surgeries, improving coverage for these surgeries by private insurance, and rising disposable income. Moreover, high chronic disease burden and increasing availability of cancer screening programs are expected to positively affect the market growth.
According to National Institute of Cancer Prevention and Research (NICPR), nearly 0.7 million people are diagnosed with cancer every year. India launched an operational framework for National Cancer-Screening Programme in 2016, which would provide screening for cancer to people over 30 years in certain areas.
This is expected to drive the demand for endoscopic bariatric surgery. In June 2019, Mumbai-based gastroenterologists launched bariatric endoscopic centers called ENLITEN, where Endoscopic Sleeve Gastroplasty (ESG) procedures would take place. Thus, with more such centers, the number of ESG procedures is likely to increase, leading to market growth.
- India Gastrointestinal Endoscopic Devices Market Product Outlook (Revenue, USD Million , 2018-2030)
- Rigid Gastrointestinal Endoscopes
- Flexible Gastrointestinal Endoscopes
- Disposable Gastrointestinal Endoscopes
- India 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 country-level data and insights on the India gastrointestinal endoscopic devices market, including forecasts for subscribers. This country databook contains high-level insights into India gastrointestinal endoscopic devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
India Gastrointestinal Endoscopic Devices Market, 2018-2030 (US$M)
India gastrointestinal endoscopic devices market statistics, by product, 2018-2030 (US$M)
