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The endotherapy devices industry is characterized by the presence of several established and emerging players that offer a variety of products across the globe. The market players compete based on factors such as product quality, innovation, regulatory compliance, customer service, and pricing strategies.
Prominent players operating in the endotherapy devices industry include:
The gastrointestinal devices & accessories segment held a dominant market share of 56.6% in 2023, backed by increasing prevalence of GI disorders and the emphasis on early detection and screening programs.
The market size of endotherapy devices reached USD 4.8 billion in 2023 and is set to witness a CAGR of 7.8% through 2032, led by the rising incidence of gastrointestinal conditions, and increasing preference for minimally invasive procedures.
North America market size was valued at USD 2.2 billion in 2023 and is predicted to record a CAGR of 7.5% through 2032, driven by advanced healthcare infrastructure, high medical expenditure, and the presence of leading medical device companies.
Conmed Corporation, Cook Medical, Fujifilm Corporation, Intuitive Surgical, Johnson & Johnson, Karl Storz, M.I. Tech Co Ltd, Medtronic plc, Olympus Corporation, and Richard Wolf GmbH among others.