Endoscopy Operative Devices Industry Overview

The global endoscopy operative devices market size was valued at USD 8.0 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.1% from 2021 to 2028. 

The increasing prevalence of chronic disorders, such as obesity, diabetes, and cancer, coupled with the growing geriatric population, is expected to boost the demand for endoscopies. The rising awareness regarding the benefits associated with minimally invasive procedures, such as lesser post-operative complications and shortened hospitalization and recovery time, is further surging the demand for these procedures. The rising incidence of urological, respiratory, gastrointestinal, and gynecological disorders requiring endoscopy for diagnosing and treating the disorders is expected to propel the market growth.

Gather more insights about the market drivers, restrains and growth of the Global Endoscopy Operative Devices Market

The growing demand for endoscopy operative devices for diagnostic and therapeutic processes, coupled with the rising prevalence of age-related ailments across the globe, is expected to provide an impetus to the market growth. These devices play a vital role in diagnosing and treating disorders since they enable minimal intervention and results in a shorter recovery period. The global geriatric population suffering from gall stones, liver abscess, pelvic abscess, intestinal perforation, and endometriosis requires endoscopic procedures to treat the underlying disorder.