Nordic Ultrasound Endoscopes Market Outlook (2021-2031)

The Nordic ultrasound endoscopes market size is expected to reach US$ 36.0 million by 2031 from US$ 21.5 million in 2024. The market is estimated to record a CAGR of 7.6% from 2025 to 2031.

Executive Summary and Nordic Ultrasound Endoscopes Market Analysis:

The​‍​‌‍​‍‌​‍​‌‍​‍‌ ultrasound endoscopes market in the Nordic region is influenced by high healthcare standards and a strong emphasis on early diagnostics. Countries in the region have very well-funded public health systems that are mainly focused on patient safety and procedural accuracy. The use of ultrasound endoscopy is increasing gradually, mainly in the gastroenterology and oncology departments. The region’s inclination towards minimally invasive methods is a perfect match for the advantages of endoscopic ultrasound. Integration is being facilitated by clinical guidelines and national screening programs. Although the market is mature compared to different parts of the world, there is still some potential for growth in outpatient clinics and smaller hospitals. With strong policy support, skilled professionals, and a focus on innovation, the Nordic region continues to lead in precision diagnostics and sets a high benchmark for ultrasound endoscope utilization.

Nordic Ultrasound Endoscopes Market Strategic Insights

Nordic 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.

Nordic Ultrasound Endoscopes Market Outlook

A key driver in the Nordic ultrasound endoscope market is the region’s commitment to evidence-based healthcare. Clinical decisions are guided by robust research, and new technologies are adopted only after thorough evaluation. Hence, ultrasound endoscopy is becoming increasingly adopted as an option for gastrointestinal and pancreatic disease assessment. Evidence-based accuracy has been established, and hospitals are incorporating ultrasound endoscopy into routine care for common gastrointestinal and pancreatic conditions. The Nordic region is known for conducting cooperative research and sharing results locally and internationally. This environment helps to develop and strengthen smaller techniques and applications for the common usage of ultrasound endoscopy in clinical practice. Additionally, patient-centered care models encourage the use of tools that minimize discomfort and recovery time. There is a strong connection between the robustness of clinical evidence and patient experience, while ultrasound endoscopy is expected to become an accepted diagnostic tool across Nordic countries and care systems.

Nordic Ultrasound Endoscopes Market Country Insights

Based on country, the Nordic ultrasound endoscopes market is segmented into Sweden, Norway, Denmark, and Finland. Sweden held the largest share in 2024.

With its significant investment in healthcare systems and clinical research environment, Sweden is the leading country in the Nordics for ultrasound endoscopy. Medical hospitals in the main cities of Stockholm, Gothenburg and Malmö have readily adopted endoscopic ultrasound techniques, especially in gastroenterology and oncology specialties. Furthermore, Sweden's national health strategies around early detection and minimally invasive management have positioned ultrasound based endoscopy as a preferred method of practice. The medical universities and teaching hospitals of Sweden play an active role in education, research and training for current medical professionals, contributing to an ongoing subset of qualified professionals. Sweden's highly efficient health systems allow for procurement of devices and technology on a timely basis, recognizing the innovation and ultimately empowering endoscopy with research and practice at its core. Sweden’s balanced approach, combining innovation, accessibility, and clinical excellence, positions it as the regional leader and a key influencer in shaping diagnostic standards across the Nordic region.

Nordic Ultrasound Endoscopes Market Report Highlights

Nordic 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.

Nordic 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

Nordic Ultrasound Endoscopes Market Country and Regional Insights

Nordic 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