The ASEAN rigid endoscopes market size is expected to reach US$ 252.2 million by 2031 from US$ 173.6 million in 2024. The market is estimated to record a CAGR of 5.5% from 2025 to 2031.
The ASEAN rigid endoscopes market continues to grow, driven by increased need for less invasive surgeries and better healthcare facilities across member countries. Though uptake differs, the region now sees more value in rigid endoscopy for fields like bone surgery, women's health, and ENT care. Private hospitals lead this trend in cities, while public ones catch up through government-backed updates. Medical tourism also plays a crucial role in expansion of healthcare industry. Local suppliers team up more with worldwide makers to improve access and education. Singapore, with its top-notch healthcare and focus on research, sets the bar for clinical quality and market growth shaping nearby countries through shared knowledge, teamwork, and tech sharing.
ASEAN Rigid Endoscopes Market Strategic Insights
Key segments that contributed to the derivation of the rigid endoscopes market analysis are product type, usability, application, and end user.
Rigid endoscopes have started gaining popularity across ASEAN due to their precision and high-definition imaging capabilities. They are especially popular in orthopedic, laparoscopic and ENT surgeries where structural solidity and steady imaging is needed. A key factor is the escalating investment in surgical centers and specialty hospitals, particularly across Indonesia, Vietnam and the Philippines. The rising standards of medical care desired by the middle class in these countries have resulted in a concerted effort to equip hospitals for better surgical outcomes by both governments and private hospitals. Furthermore, ASEAN’s focus on medical education and surgical training ensures a steady growth of endoscopic expertise. Regional government has also increased their focus on digital health, which further supports hospitals and clinics to acquire advance endoscopic system. The transition to reusable, modular rigid endoscopes also helps healthcare facilities reduce costs. As ASEAN strives to harmonize healthcare standards, rigid endoscopy presents a unique opportunity to enhance surgical quality and accessibility.
Based on country, the ASEAN rigid endoscopes market is segmented into Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. Singapore held the largest share in 2024.
Singapore leads the ASEAN rigid endoscopes market, backed by its world-class healthcare infrastructure, strong regulatory framework, and commitment to surgical innovation. Hospitals in Singapore possess state-of-the-art rigid endoscopic systems and routinely perform complex procedures when appropriate across specialties. The Ministry of Health in Singapore significantly advocates and funds the use of minimally invasive technologies and procedures. Research and academic institutes in Singapore work with global device manufacturer collaborators to pilot new rigid endoscopy platforms and assist in the development of surgeon training using the latest techniques. Singapore also serves as a regional distributor and clinical trial hub for medical devices and other technologies to support the procurement and adoption process. This ensures that the country is leader in ASEAN rigid endoscopes market.
ASEAN Rigid Endoscopes Market Report Highlights| Report Attribute | Details |
|---|---|
| Market size in 2024 | US$ 173.6 Million |
| Market Size by 2031 | US$ 252.2 Million |
| CAGR (2025 - 2031) | 5.5% |
| Historical Data | 2021-2023 |
| Forecast period | 2025-2031 |
| Segments Covered |
By Product Type
|
| Regions and Countries Covered |
ASEAN
|
| Market leaders and key company profiles |
|
Olympus Corporation, Fujifilm Holdings Corporation, Boston Scientific, Karl Storz SE & Co. KG, Stryker Corporation, B. Braun SE, HOYA Corporation, Ambu A/S, Johnson & Johnson, and Medtronic 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.
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.
Business Market Insights 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:
The ASEAN Rigid Endoscopes Market is valued at US$ 173.6 Million in 2024, it is projected to reach US$ 252.2 Million by 2031.
As per our report ASEAN Rigid Endoscopes Market, the market size is valued at US$ 173.6 Million in 2024, projecting it to reach US$ 252.2 Million by 2031. This translates to a CAGR of approximately 5.5% during the forecast period.
The ASEAN Rigid 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 Rigid Endoscopes Market report:
The ASEAN Rigid Endoscopes Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The ASEAN Rigid Endoscopes Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the ASEAN Rigid Endoscopes Market value chain can benefit from the information contained in a comprehensive market report.
Please tell us your area of interest
(Market Segments/ Regions and Countries/ Companies)