
ASEAN Medical Endoscopes Market Outlook (2021-2031)
Description
The ASEAN medical endoscopes market is projected to grow from USD 431.9 million in 2024 to USD 627.4 million by 2031, with an estimated compound annual growth rate (CAGR) of 5.5% from 2025 to 2031.
Executive Summary and Market Analysis:
ASEAN is emerging as a significant region within the Asia Pacific medical endoscope market, bolstered by improvements in healthcare infrastructure, increasing healthcare expenditures, and a growing awareness of less invasive treatment options. Countries such as Thailand, Malaysia, Indonesia, Vietnam, and the Philippines are leading this advancement, with both public and private healthcare facilities increasingly adopting advanced endoscopic equipment.
Market Segmentation Analysis:
The medical endoscopes market is segmented by product type, usability, application, and end user.
Product Type:The market includes rigid endoscopes, flexible endoscopes, capsule endoscopes, ultrasound endoscopes, and robot-assisted endoscopes. In 2024, the flexible endoscope segment held a dominant position.
Usability:The market is further divided into reusable and disposable endoscopes, with reusable endoscopes being the most prominent segment in 2024.
Application:The applications include gastrointestinal endoscopy, laparoscopy, gynecology endoscopy, arthroscopy, uroscopy, bronchoscopy, ENT endoscopy, neuroendoscopy, and others. The gastrointestinal endoscopy segment captured the largest market share in 2024.
End User:The market segments by end users include hospitals, specialty clinics, ambulatory surgical centers, and diagnostic centers, with hospitals maintaining the largest market share in 2024.
Market Outlook:
There has been a significant increase in regional cases of diseases affecting the stomach, lungs, and urinary tracts, which has heightened the demand for endoscopic examinations and treatments. Government initiatives such as cancer screening programs and the upgrading of hospital facilities further support this demand. Additionally, medical tourism in Thailand and Malaysia encourages private hospitals to invest in state-of-the-art equipment to serve both local and international patients. However, challenges remain, such as disparities in healthcare access between urban and rural areas and differing regulations across countries. With growing support from private firms, foreign aid, and increasing income levels, these nations are expected to promote greater adoption of endoscopes. In Singapore, the medical endoscope market is highly advanced and technology-driven, thanks to a robust healthcare system, government investment in precision medicine, and a well-established health tourism sector.
Country Insights:
The ASEAN medical endoscopes market is further categorized by country, including Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. Singapore held the largest market share in 2024. The medical endoscope market in Singapore is characterized by advanced technology and innovation. The country effectively adopts state-of-the-art endoscopic equipment, including AI-integrated imaging systems and robotic-assisted procedures. The demand for minimally invasive diagnostics, especially for gastrointestinal and colorectal screenings, is driven by public health initiatives and rising incidences of chronic diseases. Singapore also serves as a regional med-tech training and research hub, promoting local innovation. With ongoing public-private collaboration and a flexible regulatory environment, Singapore remains an ideal market for high-end, next-generation endoscopic solutions.
Company Profiles:
Key players in the ASEAN medical endoscopes market include Olympus Corporation, Johnson & Johnson, Karl Storz SE & Co. KG, Smith+Nephew, Medtronic, Boston Scientific, B. Braun SE, Stryker Corporation, Fujifilm Holdings Corporation, HOYA Corporation, and Ambu A/S. These companies employ strategies such as market expansion, product innovation, and mergers and acquisitions to maintain competitiveness and offer innovative products to consumers.
Executive Summary and Market Analysis:
ASEAN is emerging as a significant region within the Asia Pacific medical endoscope market, bolstered by improvements in healthcare infrastructure, increasing healthcare expenditures, and a growing awareness of less invasive treatment options. Countries such as Thailand, Malaysia, Indonesia, Vietnam, and the Philippines are leading this advancement, with both public and private healthcare facilities increasingly adopting advanced endoscopic equipment.
Market Segmentation Analysis:
The medical endoscopes market is segmented by product type, usability, application, and end user.
Product Type:The market includes rigid endoscopes, flexible endoscopes, capsule endoscopes, ultrasound endoscopes, and robot-assisted endoscopes. In 2024, the flexible endoscope segment held a dominant position.
Usability:The market is further divided into reusable and disposable endoscopes, with reusable endoscopes being the most prominent segment in 2024.
Application:The applications include gastrointestinal endoscopy, laparoscopy, gynecology endoscopy, arthroscopy, uroscopy, bronchoscopy, ENT endoscopy, neuroendoscopy, and others. The gastrointestinal endoscopy segment captured the largest market share in 2024.
End User:The market segments by end users include hospitals, specialty clinics, ambulatory surgical centers, and diagnostic centers, with hospitals maintaining the largest market share in 2024.
Market Outlook:
There has been a significant increase in regional cases of diseases affecting the stomach, lungs, and urinary tracts, which has heightened the demand for endoscopic examinations and treatments. Government initiatives such as cancer screening programs and the upgrading of hospital facilities further support this demand. Additionally, medical tourism in Thailand and Malaysia encourages private hospitals to invest in state-of-the-art equipment to serve both local and international patients. However, challenges remain, such as disparities in healthcare access between urban and rural areas and differing regulations across countries. With growing support from private firms, foreign aid, and increasing income levels, these nations are expected to promote greater adoption of endoscopes. In Singapore, the medical endoscope market is highly advanced and technology-driven, thanks to a robust healthcare system, government investment in precision medicine, and a well-established health tourism sector.
Country Insights:
The ASEAN medical endoscopes market is further categorized by country, including Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. Singapore held the largest market share in 2024. The medical endoscope market in Singapore is characterized by advanced technology and innovation. The country effectively adopts state-of-the-art endoscopic equipment, including AI-integrated imaging systems and robotic-assisted procedures. The demand for minimally invasive diagnostics, especially for gastrointestinal and colorectal screenings, is driven by public health initiatives and rising incidences of chronic diseases. Singapore also serves as a regional med-tech training and research hub, promoting local innovation. With ongoing public-private collaboration and a flexible regulatory environment, Singapore remains an ideal market for high-end, next-generation endoscopic solutions.
Company Profiles:
Key players in the ASEAN medical endoscopes market include Olympus Corporation, Johnson & Johnson, Karl Storz SE & Co. KG, Smith+Nephew, Medtronic, Boston Scientific, B. Braun SE, Stryker Corporation, Fujifilm Holdings Corporation, HOYA Corporation, and Ambu A/S. These companies employ strategies such as market expansion, product innovation, and mergers and acquisitions to maintain competitiveness and offer innovative products to consumers.
Table of Contents
165 Pages
- 1. Introduction
- 1.1 Business Market Insights Research Report Guidance
- 1.2 Market Segmentation
- 2. Executive Summary
- 2.1 Key Market Insights
- 2.2 Market Attractiveness
- 3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:
- 4. ASEAN Medical Endoscopes Market Landscape
- 4.1 Market Overview
- 4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
- 4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Manufacturers
- 4.3.3 Distributors/Suppliers
- 4.3.4 End Users
- 5. ASEAN Medical Endoscopes Market – Key Market Dynamics
- 5.1 Growth Drivers
- 5.1.1 Rising Prevalence of Chronic Diseases
- 5.1.2 Technological Advancements
- 5.1.3 Rising Adoption of Minimally Invasive Surgeries
- 5.2 Market Opportunities
- 5.2.1 Introduction of Disposable Endoscopes
- 5.2.2 Rising Adoption of Capsule Endoscopy
- 5.3 Future Trends
- 5.3.1 Transition Toward Single-Use Endoscopy
- 5.3.2 Integration of Artificial Intelligence
- 5.3.3 Rising Focus on Sustainability
- 5.4 Impact of Drivers and Restraints
- 6. ASEAN Medical Endoscopes Market Regional Analysis
- 6.1 ASEAN Medical Endoscopes Market Overview
- 6.2 ASEAN Medical Endoscopes Market Revenue 2021-2031 (US$ Million)
- 6.3 ASEAN Medical Endoscopes Market Forecast Analysis
- 7. ASEAN Medical Endoscopes Market Analysis – by Product Type
- 7.1 Rigid Endoscopes
- 7.1.1 Overview
- 7.1.2 Rigid Endoscopes: ASEAN Medical Endoscopes Market – Revenue and Forecast to 2031 (US$ Million)
- 7.2 Flexible Endoscopes
- 7.2.1 Overview
- 7.2.2 Flexible Endoscopes: ASEAN Medical Endoscopes Market – Revenue and Forecast to 2031 (US$ Million)
- 7.3 Capsule Endoscopes
- 7.3.1 Overview
- 7.3.2 Capsule Endoscopes: ASEAN Medical Endoscopes Market – Revenue and Forecast to 2031 (US$ Million)
- 7.4 Ultrasound Endoscope
- 7.4.1 Overview
- 7.4.2 Ultrasound Endoscope: ASEAN Medical Endoscopes Market – Revenue and Forecast to 2031 (US$ Million)
- 7.5 Robot-assisted Endoscopes
- 7.5.1 Overview
- 7.5.2 Robot-assisted Endoscopes: ASEAN Medical Endoscopes Market – Revenue and Forecast to 2031 (US$ Million)
- 8. ASEAN Medical Endoscopes Market Analysis – by Usability
- 8.1 Reusable Endoscopes
- 8.1.1 Overview
- 8.1.2 Reusable Endoscopes: ASEAN Medical Endoscopes Market – Revenue and Forecast to 2031 (US$ Million)
- 8.2 Disposable Endoscopes
- 8.2.1 Overview
- 8.2.2 Disposable Endoscopes: ASEAN Medical Endoscopes Market – Revenue and Forecast to 2031 (US$ Million)
- 9. ASEAN Medical Endoscopes Market Analysis – by Application
- 9.1 Gastrointestinal Endoscopy
- 9.1.1 Overview
- 9.1.2 Disposable Endoscopes: ASEAN Medical Endoscopes Market – Revenue and Forecast to 2031 (US$ Million)
- 9.2 Laparoscopy
- 9.2.1 Overview
- 9.2.2 Disposable Endoscopes: ASEAN Medical Endoscopes Market – Revenue and Forecast to 2031 (US$ Million)
- 9.3 Gynecology Endoscopy
- 9.3.1 Overview
- 9.3.2 Disposable Endoscopes: ASEAN Medical Endoscopes Market – Revenue and Forecast to 2031 (US$ Million)
- 9.4 Arthroscopy
- 9.4.1 Overview
- 9.4.2 Disposable Endoscopes: ASEAN Medical Endoscopes Market – Revenue and Forecast to 2031 (US$ Million)
- 9.5 Uroscopy
- 9.5.1 Overview
- 9.5.2 Disposable Endoscopes: ASEAN Medical Endoscopes Market – Revenue and Forecast to 2031 (US$ Million)
- 9.6 Bronchoscopy
- 9.6.1 Overview
- 9.6.2 Disposable Endoscopes: ASEAN Medical Endoscopes Market – Revenue and Forecast to 2031 (US$ Million)
- 9.7 ENT Endoscopy
- 9.7.1 Overview
- 9.7.2 Disposable Endoscopes: ASEAN Medical Endoscopes Market – Revenue and Forecast to 2031 (US$ Million)
- 9.8 Neuroendoscopy
- 9.8.1 Overview
- 9.8.2 Disposable Endoscopes: ASEAN Medical Endoscopes Market – Revenue and Forecast to 2031 (US$ Million)
- 9.9 Others
- 9.9.1 Overview
- 9.9.2 Disposable Endoscopes: ASEAN Medical Endoscopes Market – Revenue and Forecast to 2031 (US$ Million)
- 10. ASEAN Medical Endoscopes Market – ASEAN Analysis
- 10.1 ASEAN
- 10.1.1 ASEAN Medical Endoscopes Market Breakdown, by Key Country, 2025 and 2031 (%)
- 10.1.1.1 ASEAN Medical Endoscopes Market – Revenue and Forecast Analysis – by Country
- 10.1.1.1 Indonesia: ASEAN Medical Endoscopes Market – Revenue and Forecast to 2031 (US$ Million)
- 10.1.1.1.1 Indonesia: ASEAN Medical Endoscopes Market Breakdown, by Product Type
- 10.1.1.1.2 Indonesia: ASEAN Medical Endoscopes Market Breakdown, by Usability
- 10.1.1.1.3 Indonesia: ASEAN Medical Endoscopes Market Breakdown, by Application
- 10.1.1.2 Malaysia: ASEAN Medical Endoscopes Market – Revenue and Forecast to 2031 (US$ Million)
- 10.1.1.2.1 Malaysia: ASEAN Medical Endoscopes Market Breakdown, by Product Type
- 10.1.1.2.2 Malaysia: ASEAN Medical Endoscopes Market Breakdown, by Usability
- 10.1.1.2.3 Malaysia: ASEAN Medical Endoscopes Market Breakdown, by Application
- 10.1.1.3 Philippines: ASEAN Medical Endoscopes Market – Revenue and Forecast to 2031 (US$ Million)
- 10.1.1.3.1 Philippines: ASEAN Medical Endoscopes Market Breakdown, by Product Type
- 10.1.1.3.2 Philippines: ASEAN Medical Endoscopes Market Breakdown, by Usability
- 10.1.1.3.3 Philippines: ASEAN Medical Endoscopes Market Breakdown, by Application
- 10.1.1.4 Singapore: ASEAN Medical Endoscopes Market – Revenue and Forecast to 2031 (US$ Million)
- 10.1.1.4.1 Singapore: ASEAN Medical Endoscopes Market Breakdown, by Product Type
- 10.1.1.4.2 Singapore: ASEAN Medical Endoscopes Market Breakdown, by Usability
- 10.1.1.4.3 Singapore: ASEAN Medical Endoscopes Market Breakdown, by Application
- 10.1.1.5 Thailand: ASEAN Medical Endoscopes Market – Revenue and Forecast to 2031 (US$ Million)
- 10.1.1.5.1 Thailand: ASEAN Medical Endoscopes Market Breakdown, by Product Type
- 10.1.1.5.2 Thailand: ASEAN Medical Endoscopes Market Breakdown, by Usability
- 10.1.1.5.3 Thailand: ASEAN Medical Endoscopes Market Breakdown, by Application
- 10.1.1.6 Vietnam: ASEAN Medical Endoscopes Market – Revenue and Forecast to 2031 (US$ Million)
- 10.1.1.6.1 Vietnam: ASEAN Medical Endoscopes Market Breakdown, by Product Type
- 10.1.1.6.2 Vietnam: ASEAN Medical Endoscopes Market Breakdown, by Usability
- 10.1.1.6.3 Vietnam: ASEAN Medical Endoscopes Market Breakdown, by Application
- 11. Competitive Landscape
- 11.1 Heat Map Analysis
- 11.2 Company Positioning and Concentration
- 12. ASEAN Medical Endoscopes Market Industry Landscape
- 12.1 Overview
- 12.2 Mergers and Acquisitions
- 12.3 Agreements, Collaborations, and Joint Ventures
- 12.4 New Product Launches
- 12.5 Expansions and Other Strategic Developments
- 13. Company Profiles
- 13.1 Olympus Corporation
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
- 13.2 Fujifilm Holdings Corporation
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
- 13.3 Boston Scientific
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
- 13.4 Karl Storz SE & Co. KG
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
- 13.5 Stryker Corporation
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
- 13.6 B. Braun SE
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
- 13.7 HOYA Corporation
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
- 13.8 Ambu A/S
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
- 13.9 Johnson & Johnson
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
- 13.10 Medtronic
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments
- 14. Appendix
- 14.1 About Business Market Insights
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