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Endoscopic Ultrasound Market To Reach $2.27Bn By 2030

Endoscopic Ultrasound Market To Reach $2.27 Billion By 2030

May 2025 | Report Format: Electronic (PDF)

Endoscopic Ultrasound Market Growth & Trends

The global endoscopic ultrasound market size is anticipated to reach USD 2.27 billion by 2030, registering a CAGR of 6.85% from 2025 to 2030 according to a new report by Grand View Research, Inc. The increasing prevalence of various chronic disorders, such as colorectal cancer, and rectum cancer, rapid technological advancements, rising healthcare spending, and a rise in the geriatric population, are key contributors to the market growth. Advancements in endoscopic ultrasound (EUS) technology, such as improved endoscope systems and advanced ultrasound processor designs by various key manufacturers through different strategic initiatives, will further drive market growth.

For instance, in February 2023, FUJIFILM India Private Limited introduced the compact ultrasonic probe system PB2020-M2. This ultrasonic probe enables actual ultrasound imaging of peripheral lung lesions for a more effective evaluation. This compact, lightweight device offers high-quality ultrasonic images. In addition, key companies are launching new products to expand their endoscopy solutions portfolios. For instance, in January 2023, FUJIFILM India Private Limited launched ClutchCutter and FushKnife. These factors are expected to propel the market growth during the forecast period.

A rise in demand for minimally invasive procedures like EUS as they offer a faster recovery rate and minimize post-operative complications compared to traditional surgeries will support market growth. In addition, collaboration between medical device companies and healthcare institutions for R&D of EUS technologies further stimulates market growth. For instance, in September 2023, Fujifilm India formed a strategic partnership with the Yashoda Group of Hospitals. To improve patient care standards across the nation, this strategic alliance will support training and clinical research projects in collaboration with all Yashoda Group sites.

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Endoscopic Ultrasound Market Report Highlights

The endoscope segment led the market with the largest revenue share of about 33.84% in 2024.
Based on application, the lung cancer segment led the market with a 42.18% revenue share in 2024.
The hospital segment held the largest market share in 2024. This expansion is driven by favourable health reimbursement for minimally invasive procedures, well-developed healthcare infrastructure, and a growing number of skilled and qualified endoscopists.
The endoscopic ultrasound industry in North America dominated the global market and accounted for a revenue share of 31.0% in 2024.