BRICS Ultrasound Endoscopes Market Outlook (2021-2031)

The BRICS ultrasound endoscopes market is projected to grow significantly, reaching an estimated US$ 425.4 million by 2031, up from US$ 226.3 million in 2024. This growth represents a compound annual growth rate (CAGR) of 9.4% from 2025 to 2031. The market's expansion is driven by the developing healthcare systems within the BRICS nations—Brazil, Russia, India, China, and South Africa—alongside rapid modernization efforts.

Executive Summary and Market Analysis

The BRICS ultrasound endoscopes market is characterized by a blend of advancing healthcare infrastructure and swift modernization initiatives. Countries like China, India, and Brazil are making substantial investments in diagnostic facilities, while others, such as Egypt and Indonesia, are quickly catching up through public-private partnerships. The increasing demand for early detection of pancreatic and gastrointestinal diseases is a significant factor influencing market growth. Urban clinics and specialty hospitals are leading the way in adopting these technologies, supported by heightened patient awareness and government health initiatives.

Each BRICS nation is progressing at its own pace, but there is a common trend towards the broader adoption of minimally invasive diagnostic techniques. With diverse healthcare environments and increasing investments, the BRICS region is emerging as a key area for the expansion of ultrasound endoscopes.

Market Segmentation Analysis

The ultrasound endoscopes market can be segmented based on product type, application, and end user.

By Product Type: The market is divided into linear and radial ultrasound endoscopes. In 2024, the linear segment was the market leader, reflecting its widespread use in various diagnostic procedures.
By Application: The applications of ultrasound endoscopes include gastrointestinal endoscopy, bronchoscopy, and other uses. The gastrointestinal endoscopy segment was the dominant application in 2024, driven by the rising prevalence of gastrointestinal disorders.
By End User: The market is segmented into hospitals, specialty clinics, ambulatory surgical centers, and diagnostic centers. Hospitals held the largest market share in 2024, as they are the primary settings for advanced diagnostic procedures.

Market Outlook

The growth of medical education and healthcare training institutions within the BRICS nations is a crucial driver for the ultrasound endoscope market. Many countries in this region are investing in teaching hospitals and clinical training centers to enhance healthcare capacity. This investment is creating a stronger pipeline of healthcare providers who are becoming increasingly familiar with advanced diagnostic imaging technologies, including ultrasound endoscopy. As more clinicians gain practical experience, their confidence in utilizing these devices is growing.

Additionally, the presence of affordable local manufacturing capabilities in countries like India and China is helping to lower the costs associated with acquiring ultrasound endoscopes. This affordability allows intermediate-sized hospitals to invest in these technologies, further propelling market growth. The combination of skilled healthcare professionals and improved cost-effectiveness is driving the ultrasound endoscope market forward across the BRICS region.

Country Insights

The BRICS ultrasound endoscopes market can also be analyzed by country, with significant insights into Russia, Brazil, South Africa, India, China, Egypt, Indonesia, Saudi Arabia, and the UAE. Among these, China held the largest market share in 2024.

China is a dominant player in the Asia Pacific ultrasound endoscopes market, primarily due to its vast patient population and extensive healthcare reforms. The Chinese government has actively promoted the use of advanced diagnostic imaging technologies through hospital modernization initiatives, leading to quicker adoption rates in urban areas and provincial cities. Major domestic manufacturers are ramping up production capabilities and investing heavily in research and development to enhance image quality, instrument flexibility, and device affordability.

Endoscopic ultrasound is increasingly recognized by hospitals as a reliable method for diagnosing pancreatic, biliary, and gastrointestinal diseases. Rising healthcare expenditures, coupled with the establishment of specialized gastroenterology centers, are expected to sustain China's position as the leading market in the region. Furthermore, government-supported training programs for physicians and collaborations with global imaging companies are facilitating the rapid diffusion of technology throughout the country.

Company Profiles

Key players in the BRICS ultrasound endoscopes market include Olympus Corporation, FUJIFILM Holding Corporation, Hoya Corporation, SonoScape Medical Corp, and Beijing LepuImage Technology Co., Ltd. These companies are employing various strategies such as market expansion, product innovation, and mergers and acquisitions to maintain competitiveness and deliver innovative products to their customers. Show more