
ASEAN Medical Endoscopes Market Outlook (2021-2031)
No. of Pages: 150 | Report Code: BMIPUB00031745 | Category: Life Sciences
No. of Pages: 150 | Report Code: BMIPUB00031745 | Category: Life Sciences
ASEAN medical endoscopes market size is expected to reach US$ 627.4 million by 2031 from US$ 431.9 million in 2024. The market is estimated to record a CAGR of 5.5% from 2025 to 2031.
Executive Summary and ASEAN Medical Endoscopes Market Analysis:
ASEAN is one of the emerging regions of the Asia Pacific medical endoscope market, driven by improved healthcare infrastructure, increasing healthcare expenditure, and enhanced awareness of less invasive treatments. Thailand, Malaysia, Indonesia, Vietnam, and the Philippines are at the forefront of this development, with public and private healthcare facilities beginning to utilize more advanced endoscopic equipment.
ASEAN Medical Endoscopes Market Strategic Insights
ASEAN Medical Endoscopes Market Segmentation Analysis
Key segments that contributed to the derivation of the medical endoscopes market analysis are product type, application, and end user.
ASEAN Medical Endoscopes Market Outlook
Regional cases of disease in the stomach, lungs, and urinary tracts are growing at a pace never seen before, thus triggering the demand for endoscopic examinations and therapies. Cancer screening programs and upgrading hospital facilities by governments are also contributing to the demand for various types of endoscopes. Meanwhile, Thailand and Malaysia medical tourism is prompting private hospitals to make investments in cutting-edge equipment to cater to local and foreign patients alike. While the above efforts are underway, there are issues, for instance, variations of healthcare access in urban versus rural areas, as well as varying rules in both countries. With increasing assistance from private firms, foreign aid, and rising income levels, these nations should further encourage the use of endoscopes. The Singaporean medical endoscope market is highly developed and technologically driven, propelled by a robust healthcare network, the government's investment in precision medicine, and a well-established health tourism sector.
ASEAN Medical Endoscopes Market Country Insights
Based on country, the ASEAN medical endoscopes Market is further segmented into the Indonesia, Malaysia, Philippines, Singapore, Thailand, And Vietnam. The Singapore held the largest share in 2024.
The medical endoscope market in Singapore is highly advanced and innovation-driven. The country systematically adopts state-of-the-art endoscopic equipment, including Al-integrated imaging systems and robotic-assisted procedures. Low demand for minimally invasive diagnostics, particularly gastrointestinal and colorectal screenings, is driven by public health initiatives and rising rates of chronic diseases. Singapore is also a regional med-tech training and R&D hub, with spillovers for local innovation. With on-going public-private collaboration and regulatory adaptability, Singapore remains an ideal market for high-end next-generation endoscopic solutions.
ASEAN Medical Endoscopes Market Report Highlights
Report Attribute
Details
Market size in 2024
US$ 431.9 Million
Market Size by 2031
US$ 627.4 Million
Global CAGR (2025 - 2031)
5.5%
Historical Data
2021-2023
Forecast period
2025-2031
Segments Covered
By Product Type
By Usability
By Application
By End User
Regions and Countries Covered
ASEAN
Market leaders and key company profiles
ASEAN Medical Endoscopes Market Company Profiles
Olympus Corporation, Johnson & Johnson, Karl Storz SE & Co. KG, Smith+Nephew, Medtronic, Boston Scientific, B. Braun SE, Stryker Corporation, Fujifilm Holdings Corporation, HOYA Corporation, Ambu A/S are among the key players operating in the market. These players adopt strategies such as expansion, product innovation, and mergers and acquisitions to stay competitive in the market and offer innovative products to their consumers.
ASEAN Medical Endoscopes Market Research Methodology:
The following methodology has been followed for the collection and analysis of data presented in this report:
The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:
Note: All financial data included in the Company Profiles section has been standardized to US$. For companies reporting in other currencies, figures have been converted to US$ using the relevant exchange rates for the corresponding year.
The Insight Partners conducts a significant number of primary interviews each year with industry stakeholders and experts to validate and analyze the data and gain valuable insights. These research interviews are designed to:
Primary research is conducted via email interactions and telephone interviews with industry experts across various markets, categories, segments, and sub-segments in different regions. Participants typically include:
ASEAN Medical Endoscopes Market Country and Regional Insights
ASEAN Medical Endoscopes Key Sources Referred:
The ASEAN Medical Endoscopes Market is valued at US$ 431.9 Million in 2024, it is projected to reach US$ 627.4 Million by 2031.
As per our report ASEAN Medical Endoscopes Market, the market size is valued at US$ 431.9 Million in 2024, projecting it to reach US$ 627.4 Million by 2031. This translates to a CAGR of approximately 5.5% during the forecast period.
The ASEAN Medical Endoscopes Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the ASEAN Medical Endoscopes Market report:
The ASEAN Medical Endoscopes Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The ASEAN Medical Endoscopes Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the ASEAN Medical Endoscopes Market value chain can benefit from the information contained in a comprehensive market report.