BRICS Ultrasound Endoscopes Market Outlook (2021-2031)

The BRICS ultrasound endoscopes market size is expected to reach US$ 425.4 million by 2031 from US$ 226.3 million in 2024. The market is estimated to record a CAGR of 9.4% from 2025 to 2031.

Executive Summary and BRICS Ultrasound Endoscopes Market Analysis:

The BRICS ultrasound endoscopes market is a combination of developing healthcare systems and swift modernization. China, India, and Brazil are heavily investing in diagnostic facilities, while the others, such as Egypt and Indonesia, are rapidly closing the gap through public-private collaborations. The market is influenced by increasing demand for the early detection of pancreatic and gastrointestinal diseases. Urban clinics and specialty hospitals are at the forefront of adoption, facilitated by growing patient awareness and government health programs. Every nation has its own speed and agenda but overall follows the trend of expanding adoption of minimally invasive diagnostics. With varied healthcare environments and growing investment, BRICS is evolving as a prime region for ultrasound endoscope expansion.

BRICS Ultrasound Endoscopes Market Strategic Insights

BRICS Ultrasound Endoscopes Market Segmentation Analysis

   

Key segments that contributed to the derivation of the ultrasound endoscopes market analysis are product type, application, and end user.

• By product type, the ultrasound endoscope market is segmented into linear and radial. The linear segment dominated the market in 2024.
• By application, the ultrasound endoscope market is segmented into gastrointestinal endoscopy, bronchoscopy, and others. The gastrointestinal endoscopy segment dominated the market in 2024.
• By end user, the market is segmented into hospitals, specialty clinics, ambulatory surgical centers, and diagnostic centers. The hospitals segment held the largest share of the market in 2024.

BRICS Ultrasound Endoscopes Market Outlook

The growth of medical education and healthcare training institutions in BRICS is a key driver of growth for the ultrasound endoscope market. Several countries in the BRICS are investing in teaching hospitals, and clinical training centers to scale up healthcare capacity. This has built a stronger provider pipeline that is becoming more familiar with advanced diagnostic imaging modalities like ultrasound endoscopy. As more clinicians gain hands-on experience, confidence in using these devices is rising. Affordable local manufacturing capabilities in some countries, like India and China, help to reduce the cost of equipment acquisition, resulting in an intermediate-sized hospital being able to afford the technology. The combination of skilled manpower and improving affordability is pushing the market forward across the BRICS region.

BRICS Ultrasound Endoscopes Market Country Insights

Based on country, the BRICS ultrasound endoscopes market is segmented into Russia, Brazil, South Africa, India, China, Egypt, Indonesia, Saudi Arabia, and the UAE. China held the largest share in 2024.

China dominates the Asia Pacific ultrasound endoscopes market due to its huge patient base and extensive healthcare reforms. The government has been keen to encourage the use of advanced diagnostic imaging via the modulation of hospitals, and this has led to faster adoption in urban centers and provincial cities. Large domestic players are increasing production capabilities and investing heavily in R&D for better image quality, flexibility of the instruments, and affordability of their devices. Endoscopic ultrasound is being recognized by hospitals as a viable and reliable way to diagnose diseases related to pancreatic, biliary, and gastrointestinal diseases. Rising health expenditure combined with specialist gastroenterology centers will continue to support China as the leading market in this region. Moreover, government-supported physician training programs and collaborations with global imaging companies are fostering faster technology diffusion throughout the country.

BRICS Ultrasound Endoscopes Market Report Highlights

BRICS Ultrasound Endoscopes Market Company Profiles

Olympus Corporation, FUJIFILM Holding Corporation, Hoya Corporation, SonoScape Medical Corp, and Beijing LepuImage Technology Co., Ltd 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.

BRICS Ultrasound Endoscopes Market Research Methodology:

The following methodology has been followed for the collection and analysis of data presented in this report:

Secondary Research

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:

• Company websites, annual reports, financial statements, broker analyses, and investor presentations
• Industry trade journals and other relevant publications
• Government documents, statistical databases, and market reports
• News articles, press releases, and webcasts specific to companies operating in the market

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.

Primary Research

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:

• Refine findings from secondary research
• Enhance the expertise and market understanding of the analysis team
• Gain insights into market size, trends, growth patterns, competitive dynamics, and future prospects

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:

• Industry stakeholders: Vice Presidents, business development managers, market intelligence managers, and national sales managers
• External experts: Valuation specialists, research analysts, and key opinion leaders with industry-specific expertise

BRICS Ultrasound Endoscopes Market Country and Regional Insights

BRICS Ultrasound Endoscopes Key Sources Referred:

• The World Bank
• World Health Organization (WHO)
• Center for Disease Control and Prevention (CDC)
• American Society for Gastrointestinal Endoscopy
• European Society of Gastrointestinal Endoscopy
• World Endoscopy Organization
• Society of American Gastrointestinal and Endoscopic Surgeons
• Global Cancer Observatory
• Company website
• Company annual reports
• Company investor presentations