Rigid Endoscopes Market size is expected to surpass USD 20 Billion by the end of 2035, growing at a CAGR of 7% during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of rigid endoscopes was over USD 6 Billion. The market is growing mainly due to the increasing preference for minimally invasive surgical (MIS) procedures to minimize patient trauma. Every year, over 13 million laparoscopic procedures are performed worldwide. These figures are expected to rise by 1% over the next five years.
The growing demand for early diagnosis through minimally invasive procedures drives the use of rigid endoscopes in the healthcare industry, which includes shorter hospital stays, less pain, and fewer complications among patients. This, in turn, improves patient outcomes and treatment efficiency, thereby aiding market growth.
Author Credits: Radhika Gupta, Shivam Bhutani
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