Endoscopy Fluid Management Market size was over USD 700 Million in 2023 and is expected to reach USD 3 Billion by the end of 2036, growing at around 9% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of endoscopy fluid management is estimated at USD 1200 Million.
The growing frequency of chronic diseases that require endoscopic procedures, creates a huge demand for the instrument resulting growth of endoscopy fluid management market. According to the American Cancer Society, around 6 of every 10 people diagnosed with stomach cancer each year are 65 or older. The lifetime risk of developing stomach cancer is comparatively higher in men (about 1 in 101) than in women (about 1 in 155). Endoscopy is performed to diagnose stomach cancer and stomach ulcers, which also detects the level of deterioration of the stomach lining.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
9% |
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Base Year Market Size (2023) |
USD 700 Million |
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Forecast Year Market Size (2036) |
USD 3 Billion |
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Regional Scope |
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Application (Arthroscopy, Laparoscopy, Hysteroscopy)
Laparoscopy segment is poised to dominate over 50% endoscopy fluid management market share by 2036. The segment growth can be attributed to the increase in number of laparoscopic procedures. Laparoscopy suction irrigation pumps are compact and can be used easily to diagnose gastrointestinal disorders in the gastrointestinal tract.
Moreover, irritable bowel syndrome (IBS) is a common type of gastrointestinal disorder that is observed in rising prevalence in ages across the demographics. According to the latest report, IBS affects around 10-15% of the world's population. It causes mild to moderate discomfort in some people, others may experience more serious side effects like abdominal pain and bloating.
End Users (Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Diagnostic Centers)
By 2036, hospital segment is expected to dominate over 45% endoscopy fluid management market share. The segment growth can be attributed to the rapid growth in the number of endoscopy procedures, the development of advanced hospitals, and the easy availability of these products at hospitals for treatment. As per the recent report, in 2020 around 1533737 endoscopic procedures were performed across all service types.
Product (Endoscopy Fluid Management Systems, Endoscopy Fluid Management Accessories)
In endoscopy fluid management market, endoscopy fluid management systems segment is expected to account for around 63% revenue share by 2036. The segment growth can be credited to the precise control it provides over the flow and pressure of fluids during endoscopy and advancements in technology. It provides optimal visualization and distention which amplifies the net effectiveness of endoscopic test.
In addition, patient safety is the priority of this system by adding features that reduce fluid-related complications. This system is suitable for various endoscopic procedures such as urological and arthroscopic intervention. Moreover, the potential to adapt easily contributes to the adoption of this system by various medical professionals.
Our in-depth analysis of the global endoscopy fluid management market includes the following segments:
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Product |
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Application |
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End Users |
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North American Market Statistics
North America endoscopy fluid management market is poised to dominate around 34% revenue share by the end of 2036. The market growth in the region is expected on account of the coming together of technological advancements and preference for minimally invasive procedures with endoscopy devices. According to the United States Census Bureau, in the year 2020, 87% of full-time, year-round workers had private insurance coverage in North America, whereas the people who worked less than full-time, year-round were less likely to be covered by private insurance in 2020 than in 2018 (68.5 percent in 2018 and 66.7 percent in 2020). The government has initiated various programs in the region to cover the medical insurance of workers in the region.
As per the latest report, the United States exports most of its industrial endoscope to various countries including Vietnam, India, and Peru. The export shipments of industrial endoscopes from the United States stood at 213 position which were exported by 34 United States Exporters to 39 Buyers.
According to a recent report, the total number of endoscopy procedures performed in Canada was 97,448 in 2022. These procedures were performed to diagnose and treat disorders of the esophagus, stomach, duodenum, terminal ileum, and colon.
APAC Market Analysis
The APAC region will also encounter huge growth in the endoscopy fluid management market during the forecast period and will hold the second position owing to the presence of key players and manufacturers of endoscopy fluid management in the region and the increasing demand for laparoscopy procedures.
According to a study conducted from year 2014-2020 which showed that H. pylori accounted for 66.1% of all abnormal upper GI endoscopies in children due to stomach infections in Southeast Asia. With the growing rate of diseases, the demand for endoscopy procedures is gradually increasing. Additionally, the growing frequency of gastrointestinal endoscopy procedures and improvisation in endoscopic infrastructure are set to drive the market growth of the endoscopy fluid management system market in the region.
In China, companies around the world have started investing and are developing robust systems and services. They are mainly focusing on training healthcare professionals through educational support to boost the endoscopy medical network. For instance, from 2012 to 2019, the number of hospitals performing digestive endoscopy in mainland China increased from 6128 to 7470, and the number of hospitals performing EUS increased from 531 to 1236 leading to higher demand for endoscopy systems.
Gastric endoscopic resection (ER) is widely performed in Korea to investigate the overall status of gastric ER in Korea.
As per a recent study, the total number of endoscopy procedures performed in Japan due to the growing rate of gastroenterology diseases was 245,854 in 2022.
The major players in the endoscopy fluid management market are offering a detailed portfolio of endoscopy-related products. These companies introduced advanced imaging technologies, including high-definition and 3D imaging systems, enabling detailed visualization during endoscopic procedures.
Author Credits: Radhika Pawar
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