United Kingdom Endoscopy Devices Market Size (2024 - 2029)

The United Kingdom endoscopy devices market is experiencing growth driven by the increasing demand for minimally invasive surgical procedures, which offer quicker recovery and reduced trauma compared to traditional open surgeries. This shift is supported by technological advancements, an aging population, and efforts to reduce healthcare costs while improving patient quality of life. Despite these positive trends, the market faces challenges such as high procedure costs, a shortage of skilled labor, and a stringent regulatory environment. These factors collectively influence the market size and its expansion over the forecast period.

Market Size of United Kingdom Endoscopy Devices Industry

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UK Endoscopy Devices Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 1.65 Billion
Market Size (2029) USD 2.24 Billion
CAGR (2024 - 2029) 6.38 %
Market Concentration Low

Major Players

UK Endoscopy Devices Market Major Players

*Disclaimer: Major Players sorted in no particular order

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United Kingdom Endoscopy Devices Market Analysis

The United Kingdom Endoscopy Devices Market size is estimated at USD 1.65 billion in 2024, and is expected to reach USD 2.24 billion by 2029, growing at a CAGR of 6.38% during the forecast period (2024-2029).

The Government of the United Kingdom declared a lockdown across the country in March 2020, and all medical services were directed to combat the virus's impact. The total number of medical operations conducted in the country was altered by the categorization of healthcare services into essential and non-essential services. Experts at the University of Birmingham-led National Institute for Health Research (NIHR) on Global Surgery published their findings in May 2020, examining whether SARS-CoV-2 infected patients who underwent surgery have significantly worse postoperative outcomes than similar patients who do not have SARS-CoV-2 infection. The study found that 23.8% of patients died within 30 days, with an elective surgery mortality rate of 18.9% and an emergency surgery death rate of 25.6%. According to the study, patients who have contracted coronavirus and have surgery are at a far higher risk of dying afterward, and non-emergent procedures should be avoided. This decrease in surgical procedures has resulted in a decrease in intraoperative and diagnostics procedures, which has hampered market growth

The UK endoscopy devices market is majorly driven by increased demand for the use of minimally invasive procedures in surgeries. Furthermore, technological advancements, increasing aging population, reduced healthcare costs, and improved patient quality of life are boosting the market growth in the United Kingdom, for endoscopy devices.

Increasing adoption of minimally invasive surgeries has propelled the usage of various endoscopes in surgical procedures, such as arthroscopy, laparoscopy, bronchoscopy, and cystoscopy. Compared to open surgeries, these procedures result in quicker recovery and lesser trauma to patients. Thus, minimally invasive surgical procedures are being preferred over open/invasive surgeries and are thereby likely to increase demand for minimally invasive endoscopic devices over the coming years. The shift toward minimally invasive surgeries can also be attributed to higher patient satisfaction, economic viability, relatively shorter hospital stay, and reduced post-surgical complications. Thus, demand for minimally invasive endoscopic surgeries is expected to increase over the coming years. However, expensive procedures, limited availability of skilled labor, and stringent regulatory framework are the challenges faced by the market.

United Kingdom Endoscopy Devices Industry Segmentation

As per the scope of this report, endoscopy devices are minimally invasive and can be inserted into natural openings of the human body, in order to observe an internal organ or a tissue in detail. Endoscopic surgeries are performed for imaging procedures and minor surgeries. The UK endoscopy devices market is segmented by type of device (endoscopes, endoscopic operative devices, and visualization equipment) and application (gastroenterology, pulmonology, ENT surgery, gynecology, neurology, urology, and other applications). The report offers the value (in USD million) for the above segments.

By Type of Device
Endoscopes
Rigid Endoscope
Flexible Endoscope
Capsule Endoscope
Robot-assisted Endoscope
Endoscopic Operative Device
Irrigation/Suction System
Access Device
Operative Manual Instrument
Other Endoscopic Operative Devices
Visualization Equipment
By Application
Gastroenterology
Pulmonology
ENT Surgery
Gynecology
Neurology
Urology
Other Applications
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United Kingdom Endoscopy Devices Market Size Summary

The United Kingdom endoscopy devices market is poised for significant growth, driven by the increasing demand for minimally invasive surgical procedures. This shift is largely due to the advantages these procedures offer, such as quicker recovery times, reduced trauma, and higher patient satisfaction compared to traditional open surgeries. Technological advancements and a growing aging population further bolster market expansion, as they contribute to improved patient outcomes and reduced healthcare costs. Despite challenges like high procedure costs and a limited pool of skilled professionals, the market is expected to thrive, supported by the widespread adoption of flexible endoscopes in various medical applications, including ENT procedures and gastrointestinal tract examinations.

The market landscape is characterized by rapid evolution and intense competition, with key players engaging in strategic initiatives such as product launches, mergers, and acquisitions. Innovations like FUJIFILM Medical Systems Inc.'s ELUXEO Surgical System and NEC Corporation's AI diagnosis-support software exemplify the industry's focus on enhancing endoscopic capabilities. These developments, alongside regulatory approvals for advanced devices like Cosmo Pharmaceuticals NV's GI Genius system, are set to propel the market forward. As the industry continues to adapt and innovate, the UK endoscopy devices market is expected to experience robust growth, reflecting the broader trends in healthcare towards minimally invasive and technologically advanced solutions.

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United Kingdom Endoscopy Devices Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Growing Preference for Minimally Invasive Surgeries

      2. 1.2.2 Technological Advancements Leading to Enhanced Applications

    3. 1.3 Market Restraints

      1. 1.3.1 Infections Caused by Endoscopes

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size by Value - USD million)

    1. 2.1 By Type of Device

      1. 2.1.1 Endoscopes

        1. 2.1.1.1 Rigid Endoscope

        2. 2.1.1.2 Flexible Endoscope

        3. 2.1.1.3 Capsule Endoscope

        4. 2.1.1.4 Robot-assisted Endoscope

      2. 2.1.2 Endoscopic Operative Device

        1. 2.1.2.1 Irrigation/Suction System

        2. 2.1.2.2 Access Device

        3. 2.1.2.3 Operative Manual Instrument

        4. 2.1.2.4 Other Endoscopic Operative Devices

      3. 2.1.3 Visualization Equipment

    2. 2.2 By Application

      1. 2.2.1 Gastroenterology

      2. 2.2.2 Pulmonology

      3. 2.2.3 ENT Surgery

      4. 2.2.4 Gynecology

      5. 2.2.5 Neurology

      6. 2.2.6 Urology

      7. 2.2.7 Other Applications

United Kingdom Endoscopy Devices Market Size FAQs

The United Kingdom Endoscopy Devices Market size is expected to reach USD 1.65 billion in 2024 and grow at a CAGR of 6.38% to reach USD 2.24 billion by 2029.

In 2024, the United Kingdom Endoscopy Devices Market size is expected to reach USD 1.65 billion.

United Kingdom Endoscopy Devices Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)