Endoscopes Market Future Outlook and Growth Forecast, 2033
December 14, 2023 ⚊ 1 Min read ⚊ Views 46 ⚊ BUSINESSThe worldwide revenue from the endoscope market was approximately US$ 13.9 billion in 2022, and the global market is projected to surge ahead at a Compound Annual Growth Rate (CAGR) of 6.3%, reaching a valuation of US$ 27.3 billion by the end of 2033. According to Persistence Market Research, the reusable endoscope segment is expected to hold the largest market value, reaching US$ 12.1 billion by 2023. Overall, endoscope market sales account for approximately a 3.1% revenue share in the global medical devices market, which was valued at around US$ 456.8 billion at the end of 2022. The global market for endoscopes recorded a historic CAGR of 5.5% in the last seven years, from 2015 to 2022.
Tags: Endoscopes Market