Ultrasound Endoscope Market Outlook (2021-2031)

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031
Report Content: Market Scope, Market Segmentation, Market Dynamics, and Competitive Analysis

Report Coverage:
  • Product Type (Radial, Linear)
  • Application (Bronchoscopy, Gastrointestinal Endoscopy, Others)
  • End User (Hospitals, Specialty Clinics, Ambulatory Surgical Centers, Diagnostic Centers)


No. of Pages: 200    |    Report Code: BMIPUB00031683    |    Category: Life Sciences

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Ultrasound Endoscope Market
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The ultrasound endoscope market size is expected to reach US$ 2,000.62 million by 2031 from US$ 1,240.75 million in 2024. The market is estimated to record a CAGR of 7.1% from 2025 to 2031.

Executive Summary and Global Market Analysis:

The ultrasound endoscopes market is expanding steadily due to the increasing demand for advanced diagnostic tools in gastrointestinal, pancreatic, and respiratory diseases. These devices combine endoscopy with ultrasound imaging, allowing detailed visualization of internal organs and surrounding tissues, which aids in early detection and accurate cancer staging. Growing cases of pancreatic, esophageal, and lung cancers, along with rising adoption of minimally invasive procedures, are key growth drivers. Technological improvements like high-frequency probes and linear array ultrasound endoscopes enhance image quality and enable therapeutic interventions such as fine-needle aspiration biopsies. Increasing healthcare investments and awareness, especially in emerging regions like Asia Pacific, support market expansion.

In line with the adoption rate, the global ultrasound endoscope market stood at US$ 1,240.75 million in 2024 and is expected to reach US$ 2,000.62 million by 2031. However, the market faces challenges due to the high cost of equipment and the need for specialized training to operate ultrasound endoscopes effectively, which can limit wider adoption.

Ultrasound Endoscope Market Strategic Insights

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Ultrasound Endoscope Market Segmentation Analysis

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

  • By product type, the ultrasound endoscope market is segmented into radial and linear. The linear segment dominated the market in 2024.
  • By application, the ultrasound endoscope market is segmented into bronchoscopy, gastrointestinal endoscopy 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.

Ultrasound Endoscope Market Drivers and Opportunities:

Rising Prevalence of Gastrointestinal and Pancreatic Cancers

The increasing amount of people who have or are suffering from gastrointestinal (GI) and pancreatic cancers is seen as the main engine for ultrasound. In order to determine the best course of treatment, these types of cancer usually require accuracy in diagnosis and staging. Endoscopic ultrasound (EUS) allows for early detection and orchestrated biopsy due to EUS's ability to visualize tumors and nearby lymph nodes, minimally invasively, with high resolution. Healthcare providers are using EUS with growing confidence for accurate diagnosis as various environmental factors, age, and lifestyle changes grow abundance in epidemiology and environmental toxicities of cancer worldwide. EUS improves treatment outcomes by diagnosing and staging cancers earlier and more accurately, creating further initial demands for EUS devices worldwide. While medical facilities are improving the quality of their diagnosis services by purchasing sophisticated diagnostic state-of-the-art equipment, this growing cancer burden, particularly in the Asia Pacific region and North America, will attract and push market expansion.

Technological Advancements like Miniature Ultrasound Probes

Technological advancement, particularly in the miniaturization of ultrasound probes, are playing a significant role in changing the ultrasound endoscopes market. Because of advances in imaging technology, including smaller and high frequency probes that allow for more detailed images, clinicians are able to visualize abnormalities in a more precise manner. Miniaturization also allows for better travel through narrow or complex anatomical pathways, thus allowing for new clinical applications of ultrasound endoscopy. By advancing the design, patient comfort is improved, procedure time is decreased, and diagnostic potential is improved. New imaging options that allow for Doppler imaging and elastography for tissue characterization would allow for conventional diagnostics and also therapeutic uses. Continued improvement with ultrasound technology is prompting health care facilities to invest in EUS devices. This contributes to the market's growth and is allowing practitioners to diagnose potentially invasive illnesses earlier and in a less invasive manner.

Ultrasound Endoscope Market Size and Share Analysis

By product type, the ultrasound endoscope market is segmented into radial and linear. The linear segment dominated the market in 2024. Linear ultrasound endoscopes are preferred for real-time imaging and fine-needle aspiration, especially in therapeutic procedures, offering both diagnostic and interventional capabilities across gastrointestinal and pulmonary applications.

By application, the ultrasound endoscope market is segmented into bronchoscopy, gastrointestinal endoscopy and others. The gastrointestinal endoscopy segment dominated the market in 2024. Gastrointestinal endoscopy leads usage due to the high demand for endoscopic ultrasound in pancreatic, esophageal, and gastric diagnostics, with linear probes providing detailed imaging and access for biopsies.

By end user, the market is segmented into hospitals, specialty clinics, diagnostic centers and others. The hospitals segment held the largest share of the market in 2024. Hospitals use ultrasound endoscopes most due to advanced infrastructure, skilled personnel, and high patient volume requiring complex diagnostics and minimally invasive procedures in GI and respiratory departments.

Ultrasound Endoscope Market Report Highlights

Report Attribute Details
Market size in 2024 US$ 1,240.75 Million
Market Size by 2031 US$ 2,000.62 Million
Global CAGR (2025 - 2031) 7.1%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Product Type
  • Radial
  • Linear
By Application
  • Bronchoscopy
  • Gastrointestinal Endoscopy
  • Others
By End User
  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgical Centers
  • Diagnostic Centers
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • Germany
  • Italy
  • France
  • U.K.
  • Spain
  • Belgium
  • Netherlands
  • Luxembourg
  • Norway
  • Finland
  • Denmark
  • Sweden
  • Switzerland
  • Austria
  • Greece
  • Portugal
  • Russia
  • Poland
  • Romania
  • Czech Republic
  • Ukraine
  • Slovakia
  • Bulgaria
Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • New Zealand
  • Indonesia
  • Malaysia
  • Philippines
  • Singapore
  • Thailand
  • Vietnam
  • Taiwan
  • Bangladesh
South and Central America
  • Brazil
  • Argentina
  • Chile
  • Colombia
  • Peru
Middle East and Africa
  • Saudi Arabia
  • United Arab Emirates
  • Kuwait
  • Bahrain
  • Qatar
  • Oman
  • Turkiye
  • South Africa
  • Egypt
  • Nigeria
  • Algeria
Market leaders and key company profiles
  • Olympus Corporation
  • Fujifilm Holdings Corporation
  • Canon Inc.
  • HOYA Corporation
  • Lepu Medical Technology (Beijing) Co. Ltd
  • Sonoscape Pvt Ltd.
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    Ultrasound Endoscope Market Report Coverage and Deliverables

    The "Ultrasound Endoscope Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

    • Medical ultrasound endoscope market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Medical ultrasound endoscope market trends, as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed Porter's Five Forces and SWOT analysis
    • Medical ultrasound endoscope market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the ultrasound endoscope market
    • Detailed company profiles

    Ultrasound Endoscope Market Country and Regional Insights

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    The geographical scope of the ultrasound endoscope market report is divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America. The ultrasound endoscope market in Asia Pacific is expected to grow significantly during the forecast period.

    The Asia Pacific ultrasound endoscope market is segmented into China, Japan, South Korea, India, Australia, New Zealand, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Taiwan, Bangladesh and Rest of Asia. Asia Pacific ultrasound endoscopes market is fastest growing market, owing to the increasing burden of gastrointestinal, pancreatic, and lung cancers across Asia Pacific. China, India, Japan and South Korea are leading demand due to a growing healthcare infrastructure, increasing cancer screening programs, and the increased adoption of minimally invasive diagnostics procedures. Government incentives to promote stronger early diagnosis, greater awareness of advanced diagnostic options, and economic reforms to expand health care access, are igniting significant uptakes in the ultrasound endoscope in both public and private healthcare organizations. However, the lack of professionally trained gastroenterologists, diagnostic specialists and high cost of such advance system can limit their adoption in rural areas of the region.

    Ultrasound Endoscope Market Research Report Guidance

    • The report includes qualitative and quantitative data in the ultrasound endoscope market across product type, application, end user, and geography.
    • The report starts with the key takeaways (chapter 2), highlighting the key trends and outlook of the ultrasound endoscope market.
    • Chapter 3 includes the research methodology of the study.
    • Chapter 4 further includes ecosystem analysis along with Porter’s analysis.
    • Chapter 5 highlights the major industry dynamics in the ultrasound endoscope market, including factors that are driving the market, prevailing deterrents, potential opportunities as well as future trends. Impact analysis of these drivers and restraints is also covered in this section.
    • Chapter 6 discusses the ultrasound endoscope market scenario, in terms of historical market revenues, and forecast till the year 2031.
    • Chapters 7 to 9 cover ultrasound endoscope market segments by product type, application, end user and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America. They cover market volume revenue forecast and factors driving the market.
    • Chapter 10 describes the competitive analysis along with the heat map analysis for the key players operating in the market.
    • Chapter 11 describes the industry landscape analysis. It provides detailed description of business activities such as market initiatives, new developments, mergers, and joint ventures globally, along with a competitive landscape.
    • Chapter 12 provides detailed profiles of the major companies operating in the ultrasound endoscope market. The companies have been profiled on the basis of their key facts, business descriptions, products and services, financial overview, SWOT analysis, and key developments.
    • Chapter 13, i.e., the appendix is inclusive of a brief overview of the company, list of abbreviations, and disclaimer.

    Ultrasound Endoscope Market News and Key Development:

    The ultrasound endoscope market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the key developments in the ultrasound endoscope market are:

    • In January 2024, EndoSound Inc., a medical technology company, announced it had received 510(k) clearance from the FDA for its EndoSound Vision System, a novel Endoscopic Ultrasound (EUS) technology.
    • In January 2024, Canon Medical Systems Corporation and Olympus Corporation announced that they have reached an agreement to collaborate on Endoscopic Ultrasound Systems. Canon Medical will develop and manufacture diagnostic ultrasound systems used in Endoscopic Ultrasonography, and Olympus will perform the sales and marketing efforts

    Key Sources Referred:

    • The World Bank
    • World Health Organization (WHO)
    • Center for Disease Control and Prevention (CDC)
    • World Endoscopy Organization
    • American Society for Gastrointestinal Endoscopy
    • Society of Gastrointestinal Endoscopy of India
    • Medicines and Healthcare Products Regulatory Agency (MHRA)
    • Company website
    • Accompany annual reports
    • Company investor presentations

    The List of Companies - Ultrasound Endoscope Market

    • Olympus Corporation 
    • Fujifilm Holdings Corporation 
    • Canon Inc. 
    • HOYA Corporation 
    • Lepu Medical Technology (Beijing) Co. Ltd 
    • Sonoscape Pvt Ltd.
    Frequently Asked Questions
    How big is the Ultrasound Endoscope Market?

    The Ultrasound Endoscope Market is valued at US$ 1,240.75 Million in 2024, it is projected to reach US$ 2,000.62 Million by 2031.

    What is the CAGR for Ultrasound Endoscope Market by (2025 - 2031)?

    As per our report Ultrasound Endoscope Market, the market size is valued at US$ 1,240.75 Million in 2024, projecting it to reach US$ 2,000.62 Million by 2031. This translates to a CAGR of approximately 7.1% during the forecast period.

    What segments are covered in this report?

    The Ultrasound Endoscope Market report typically cover these key segments-

    • Product Type (Radial, Linear)
    • Application (Bronchoscopy, Gastrointestinal Endoscopy, Others)
    • End User (Hospitals, Specialty Clinics, Ambulatory Surgical Centers, Diagnostic Centers)

    What is the historic period, base year, and forecast period taken for Ultrasound Endoscope Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Ultrasound Endoscope Market report:

  • Historic Period : 2021-2023
  • Base Year : 2024
  • Forecast Period : 2025-2031
  • Who are the major players in Ultrasound Endoscope Market?

    The Ultrasound Endoscope Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Olympus Corporation
  • Fujifilm Holdings Corporation
  • Canon Inc.
  • HOYA Corporation
  • Lepu Medical Technology (Beijing) Co. Ltd
  • Sonoscape Pvt Ltd.
  • Who should buy this report?

    The Ultrasound Endoscope Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Ultrasound Endoscope Market value chain can benefit from the information contained in a comprehensive market report.

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