Duodenoscope Market Size | Share and Trends 2024 to 2034

The global hduodenoscope market size was USD 99.29 billion in 2023, estimated at USD 107.77 billion in 2024 and is expected to reach around USD 239.12 billion by 2034, expanding at a CAGR of 8.30% from 2024 to 2034.

  • Last Updated : 29 Aug 2024
  • Report Code : 2836
  • Category : Healthcare

Duodenoscope Market Size and Companies

The global duodenoscope market size accounted for USD 107.77 billion in 2024 and is predicted to reach around USD 239.12 billion by 2034, poised to grow at a CAGR of 8.30% from 2024 to 2034.

Duodenoscope Market Revenue 2024 To 2034

Duodenoscope Market Key Takeaways

  • North America region generated the highest revenue share in 2023.
  • By Product Type, the flexible video duodenoscope segment is expected to capture a maximum market share between 2024 and 2034.
  • By Application, the diagnosis segment recorded the largest revenue share in 2023.

Market Overview

Duodenoscopes are flexible, hollow, lighted tubes that help doctors to view the top of a patient’s duodenum or intestine. Doctors use duodenoscopes for endoscopic retrograde cholangiopancreatography (ERCP) procedures. This device supports doctors in diagnosing and treating severe life-threatening diseases like cancer and gallstones in the bile ducts and pancreas. As per the U.S. Food and Drug Administration, Americans undergo over 500,000 ERCP procedures every year using duodenoscopes.

Duodenoscopes are helpful in diagnosing infection, tumors, trauma, and cancer of the bile ducts. This device is also useful in the treatment of Chronic pancreatitis, Acute pancreatitis (inflammation of the pancreas), Pancreatic pseudocysts (fluid-filled sac in the abdomen), and cancers of the pancreas.

Duodenoscope is a more complex instrument when compared with other endoscopes. Cleaning and disinfecting a duodenoscope is a bit tough. The duodenoscopes market is expanding considerably owing to the rising prevalence of numerous gastrointestinal conditions such as bile duct and pancreatic cancer tumors. Additionally, growing research and development (R&D), technological advancements to recognize the risk factors related to the transmission of infectious agents, and increasing awareness is driving the duodenoscope market growth during the review period.

Our duodenoscope report aims to give an overview of the market with exhaustive market segmentation by product type, application, and end-user. The duodenoscope market is estimated to experience remarkable growth during the study period. This report provides crucial data & statistics relevant to the market considering the leading players, market trends, and key opportunities.

Duodenoscope Market Growth Factors

  • Increasing adoption of duodenoscopes in hospitals and clinics for effective diagnosis and treatment of respective disorders and diseases fuels the market growth.
  • The increasing number of clinical trials and R&D activities boost the market.

Duodenoscope Market Scope

Report Coverage Details
Market Size in 2023 USD 99.29 Billion
Market Size in 2024 USD 107.77 Billion
Market Size by 2034 USD 239.12 Billion
Growth Rate from 2024 to 2034 CAGR of 8.30%
Largest Market North America
Base Year 2023
Forecast Period 2024 to 2034
Segments Covered Product Type, Application, End User, Region
Regions Covered North America, Europe, Asia-Pacific, Latin America and Middle East & Africa

 

Market Dynamics

Driver

Increasing incidences of chronic diseases

The rising prevalence of pancreatic cancer, bile duct cancer, stomach cancer, and gastrointestinal disorders are expected to drive the market during the forecast period. Duodenoscopes are used to detect the risk factors and causes of the disease. Moreover, rising technological advancements to make duodenoscope more efficient for medical practices and the rising research and development activities boost the market growth.

Restraint

Regulatory challenges

Stringent regulations for manufacturing duodenoscopes hinder the market. Manufacturers must follow regulatory standards to ensure the product is safe for use. Furthermore, lengthy product approval process and the availability of cost-effective alternatives can hamper the market.

Opportunity

Rising acceptance of ERCP procedure

The rising need for endoscopic retrograde cholangiopancreatography (ERCP) procedure propels the market. ERCP procedure is widely used to diagnose and treat gallstones, acute pancreatitis, and pancreatic duct injuries. The increasing prevalence of GI disorders and the growing demand for flexible video duodenoscopes propel the market growth during the forecast period.

  • In April 2024, Fujifilm introduced Tracmotion, the red dot award-winning Endoscopic Submucosal Dissection (ESD) device, at Endocon 2024 in Delhi.

COVID-19 Impact:

The pandemic of COVID-19 has impacted the duodenoscope market considerably. The adverse impact was majorly because of the reduction in endoscopy procedures during the initial stages of the pandemic. Since transport was largely affected in many parts of the world, the export of various essential components needed for the duodenoscope was severely impacted. Thus, the supply side of the duodenoscope market was hampered considerably owing to numerous limitations.

Among the endoscopy procedures, duodenoscopes involved a high risk of nosocomial infections. While single-use duodenoscopes had a certain utility for COVID-19-positive patients, there were availability and cost-related constraints across many countries of the world. During the COVID-19 pandemic period, ERCPs volumes reduced notably by 57% as compared to the pre-pandemic period. Such a decrease in the ERCPs volumes had a remarkable impact on the growth of the duodenoscope market.

Product Type Insights

Based on product type, the global duodenoscope market is bifurcated into Flexible Video Dueodenoscopes and Flexible Non-Video Dueodenoscopes. The Flexible Video Dueodenoscopes segment is expected to hold a significant market share during the forecast period.

Earlier used duodenoscopes included flexible non-video (fibre) duodenoscopes. During the initial stage, fiber duodenoscopes were used the most. But now, the use of non-video duodenoscopes is declining and they can even become obsolete very soon.

Flexible video duodenoscopes include a flexible insertion tube that features video recording functionality. This flexible insertion tube uses a charge-coupled device for displaying magnified images on the video screen. Now, the flexible video duodenoscope segment is dominating with a higher market share. Olympus Corporation is one of the leading players in the duodenoscopes market followed by Fujifilm Holding, Karl Storz, and Pentax.

Application Insights

The global duodenoscope market is segmented into diagnosis and treatment. The diagnosis segment had the highest revenue share in 2023. The diagnosis segment is expected to dominate the market during the study period.

A duodenoscope is useful for diagnosis as well as treatment of numerous conditions of the biliary tree and pancreas, including stones, ductal obstructions, and malignancy.

A diagnostic duodenoscope (JF-140R, Olympus) with a working channel of 3.2 mm and an outer diameter of 11 mm can be used for children aged 1–3 years. A therapeutic duodenoscope having a 4.2 mm working channel can be used for ERCP among elder children.

End User Insights

The hospital segment dominated the market in 2023. The growth of the segment is attributed to the rising usage of duodenoscopes to perform endoscopic retrograde cholangiopancreatography (ERCP), a life-saving procedure used to detect and treat conditions in the bile ducts and pancreas. Moreover, the easy availability of advanced diagnostic solutions in hospitals contributed to the segmental growth.

Regional Insights

In 2023, North America region held the largest revenue share in the duodenoscope market. North America is the most developed continent owing to the presence of nations with favorable healthcare policies, high spending capacity, and early adoption of the latest medical technologies. In the United States, the per-procedure cost of a disposable duodenoscope varies from $797 to $1,547. This cost is for centers that perform at the 75th percentile of ERCP procedure volume.

In 2023, health research expenditures in the private sector in Canada reached about $1,354.56 million. This was a significant rise from the amount of $1,276.01 million spent during 2021. A remarkable rise in health expenditure enhances the scope for new duodenoscope in the North American region.

In the Asia Pacific (APAC) region, pancreatic cancer is considered to be one of the most aggressive types of cancer. In India, pancreatic cancer is the 11th most prevalent kind of cancer. In 2019, the count of pancreatic cancer cases in China was around 114,964, and the incidence was found to be 5.78/100,000. Owing to such a count of pancreatic cancer cases, the need for duodenoscopes is anticipated to rise drastically in the Asia Pacific (APAC) region in the coming years.

Various Gulf countries such as Kuwait, Bahrain, Qatar, Oman, the United Arab Emirates (UAE), and the Kingdom of Saudi Arabia (KSA) have well-developed infrastructure required for duodenoscopes. The duodenoscope market in the Middle East region is anticipated to grow promisingly during the study period.

Due to low literacy, civil war, and uncertainty in some African countries, the adoption of duodenoscopes in the African region is expected to take place at a comparatively slow rate. The awareness about the benefits of duodenoscope is increasing in the Latin America region. The duodenoscope market in the Latin America region is expected to grow gradually. 

Duodenoscope Market Companies:

Recent Developments

  • In September 2022, researchers at Harvard Medical School developed long, flexible GRIN lenses to produce bendable endoscopic imaging probes. These lenses can be used to perform fluorescence microscopy approaches to image deep into tissues.

Segments Covered in the Report:

By Product Type

  • Flexible Video Dueodenoscopes
  • Flexible Non- Video Dueodenoscopes

By Application

  • Diagnosis
  • Treatment

By End User

  • Hospitals
  • Pediatric Centers
  • Clinics
  • Ambulatory Surgical Centers

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

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Frequently Asked Questions

The global duodenoscope market size is expected to increase USD 239.12 billion by 2034 from USD 99.29billion in 2023.

The global duodenoscope market will register growth rate of 8.30% between 2024 and 2034.

The major players operating in the duodenoscope market are Fujifilm Holdings Corporation, KARL STORZ GmbH & Co. KG., Olympus Corporation, PENTAX Medical Company, SonoScape, Ambu A/S, Boston Scientific Corporation and Others.

The driving factor of the duodenoscope market is the high prevalence of stomach cancer.

North America region will lead the global duodenoscope market during the forecast period 2024 to 2034.

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Meet the Team

Sanket Gokhale is one of the key authors contributing to the high-quality, actionable insights that define our market research reports. Sanket holds an MBA with a specialization in Healthcare Management, coupled with a Bachelor’s degree in Pharmacy. With over 5 years of experience in market research, Sanket has cultivated a deep understanding of the healthcare sector, from pharmaceutical innovations to healthcare

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With over 14 years of experience, Aditi is the powerhouse responsible for reviewing every piece of data and content that passes through our research pipeline. She is not just an expert—she’s the linchpin that ensures the accuracy, relevance, and clarity of the insights we deliver. Aditi’s broad expertise spans multiple sectors, with a keen focus on ICT, automotive, and various other cross-domain industries.

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