Endoscopy Equipment Market Valued at $59.8 Billion by 2029

Meticulous Research®, a leading global market research firm, has recently released an insightful report titled "Endoscopy Equipment Market by Type (Endoscope [Flexible, Rigid, Capsule], Visualization System, Accessories [Insufflators, Mouthpieces], Software), Application (Colonoscopy, Arthroscopy, Bronchoscopy, Laryngoscopy), End User – Global Forecast to 2029."
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According to the report, the global endoscopy equipment market is projected to reach $59.8 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.8% from 2022 to 2029. The market's growth is driven by factors such as the rising prevalence of target diseases, significant technological advancements in endoscopy, increasing preference for minimally invasive procedures, and enhanced cancer screening programs. Additionally, untapped opportunities in developing regions present substantial growth potential.