Colonoscopes Market Size To Reach USD 3.9 Billion By 2030

February 2025 | Report Format: Electronic (PDF)

Colonoscopes Market Growth & Trends

The global colonoscopes market size is anticipated to reach USD 3.9 billion by 2030 and is anticipated to grow at a CAGR of 8.72% from 2025 to 2030, according to a new report by Grand View Research, Inc. The colonoscopes market is experiencing significant growth due to the increasing incidence of colorectal diseases, including colorectal cancer and inflammatory bowel disease (IBD). Colorectal cancer is one of the most common cancers globally, and its prevalence is on the rise. According to the World Health Organization (WHO), it accounts for a substantial percentage of cancer-related deaths each year. This escalation necessitates early detection and intervention, which colonoscopes facilitate through routine screenings and diagnostic procedures. For instance, in 2022, around 1,926,425 new cases of colorectal cancer were recorded, according to World Cancer Research Fund statistics, among which 1,069,446 and 856,979 new cases were reported in men and women respectively.

The shift towards preventive healthcare has led several countries to implement screening guidelines, advocating for routine colonoscopies, especially for individuals over the age of 50 or those with risk factors. Initiatives that emphasize the importance of early detection and provide information about available screening options have heightened awareness, resulting in increased demand for colonoscopy procedures.

As populations aged, particularly in developed countries, the demand for colonoscopy procedures is expected to rise. Older adults are at a higher risk for colorectal diseases and therefore require more frequent screenings. The World Population Ageing report indicates that the number of people aged 65 and older will continue to grow, placing further importance on healthcare services that cater to this demographic. This trend offers a substantial opportunity for growth in the colonoscope market as healthcare systems adapt to meet the needs of an aging population.

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Colonoscopes Market Report Highlights

Based on type, the video colonoscopes segment dominated the industry with the largest revenue share in 2024 owing to the increase in colorectal cancer incidence and rising outpatient procedures coupled with an aging population.
Based on procedure type, the diagnostic segment dominated the market with the largest revenue share in 2024 owing to growing awareness and education about colorectal health, favorable reimbursement policies, and rising minimally invasive procedures.
Based on application, the colorectal cancer segment is expected to witness significant growth during the forecast period due to the increasing incidence of colorectal cancer, increasing demand for minimally invasive procedures, growing awareness and screening rates, and expanding access to colonoscopy services.
Based on age group, the pediatric segment is expected to be the fastest growing segment from 2025 to 2030, driven by the increasing prevalence of gastrointestinal disorders in children and the growing need for effective diagnostic and therapeutic tools.
Based on end use, the hospitals & clinics segment dominated the industry as hospitals offer a comprehensive array of services, including outpatient and inpatient procedures, along with access to multidisciplinary teams of specialists who can manage complex cases effectively.
Based on region, North America dominated the colonoscopes market with a share of 32.62% in 2024. This can be attributed to the combination of factors, including the presence of key manufacturers, the increasing prevalence of colorectal cancer, technological advancements, a robust healthcare infrastructure, and a growing preference for minimally invasive procedures.