Endoscopic Devices - CIS

  • CIS
  • Revenue in the Endoscopic Devices market market in the Commonwealth of Independent States (in Commonwealth of Independent States (CIS)) is projected to reach US$282.00m in 2025.
  • This revenue is anticipated to demonstrate an annual growth rate (CAGR 2025-2029) of 6.86%, culminating in a market volume of US$367.70m by 2029.
  • In a global context, the majority of revenue is expected to be generated the United States, where it is projected to be US$11,070.00m in 2025.
  • The CIS region is witnessing a growing demand for advanced endoscopic devices, driven by increasing healthcare investments and a rising prevalence of gastrointestinal diseases.

Key regions: Italy, United Kingdom, Netherlands, Germany, Japan

 
Market
 
Region
 
Region comparison
 
Currency
 

Analyst Opinion

The Endoscopic Devices Market in the CIS region is witnessing moderate growth, influenced by factors such as technological advancements, increasing demand for minimally invasive procedures, and rising healthcare expenditure, which collectively enhance market expansion.

Customer preferences:
As the Endoscopic Devices Market in the CIS region evolves, consumers are increasingly favoring minimally invasive surgical options that promise quicker recovery times and reduced hospital stays. This shift is influenced by a growing awareness of the benefits of such procedures, particularly among younger demographics who prioritize efficient healthcare solutions. Additionally, cultural attitudes toward health and wellness are changing, with patients becoming more proactive in seeking advanced medical technologies that align with modern lifestyles and enhance overall quality of life.

Trends in the market:
In the CIS region, the Endoscopic Devices Market is experiencing a notable shift towards the adoption of robotic-assisted surgeries, which enhance precision and control during procedures. Simultaneously, there is an increasing demand for single-use endoscopic devices, driven by concerns over infection control and patient safety. As healthcare providers invest in advanced training for minimally invasive techniques, patient outcomes are expected to improve, leading to higher satisfaction rates. This evolution is significant as it presents opportunities for manufacturers to innovate and differentiate their product offerings, while also necessitating collaboration with healthcare professionals to ensure successful integration into clinical practices.

Local special circumstances:
In the CIS region, the Endoscopic Devices Market is shaped by a unique combination of healthcare infrastructure challenges and cultural attitudes towards medical innovation. The diversity in geographical landscapes often complicates access to advanced medical technologies, prompting a push for portable and user-friendly endoscopic devices. Additionally, cultural factors emphasize the importance of traditional practices, requiring manufacturers to adapt their messaging to highlight the benefits of minimally invasive techniques. Regulatory frameworks are also evolving, with an increased focus on stringent safety standards, driving demand for single-use devices that enhance infection control.

Underlying macroeconomic factors:
The Endoscopic Devices Market in the CIS region is significantly influenced by macroeconomic factors, including national economic health, investment in healthcare infrastructure, and evolving regulatory environments. Countries with robust economic growth and increasing healthcare budgets are more likely to adopt advanced endoscopic technologies. Furthermore, global trends towards minimally invasive procedures and outpatient care are boosting demand for innovative devices. Fiscal policies promoting healthcare accessibility and innovation also play a crucial role, while the rising prevalence of gastrointestinal disorders in the population drives the urgent need for effective diagnostic and therapeutic solutions, further enhancing market growth prospects.

Methodology

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on medical devices and IVD revenues allocated to the country where the money is spent at manufacturer price levels excluding VAT.

Modeling approach / Market size:

Modeling employs a top-down approach with a bottom-up validation, using financial information of the key players by market. Market sizes are determined by a top-down approach, based on a specific rationale for each market market and allocated to the covered countries according to the global market shares. As a basis for evaluating markets, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare system, and regulations concerning medical products. Next, we use further relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare payer system, and regulations concerning medical products. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
Please wait

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Ayana Mizuno
Ayana Mizuno
Junior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)