The Gastrointestinal Devices Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Gastrointestinal Devices Market?
The Gastrointestinal Devices Global Market Report 2025 market has seen strong growth recently. The market size is projected to expand from $11.11 billion in 2024 to $11.79 billion in 2025, representing a compound annual growth rate (CAGR) of 6.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Gastrointestinal Devices Industry?
The global market for gastrointestinal devices is predicted to reach a size of $16.38 billion in 2029, expanding at a compound annual growth rate (CAGR) of 8.6%.
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What are the Key Growth Drivers Fueling the Gastrointestinal Devices Market?
The key drivers in the gastrointestinal devices market are:
• Rise in value-based healthcare initiatives
• Increasing focus on homecare and patient-centric devices
• Adoption of personalized and precision medicine
• Changes and compliance in regulatory norms globally
Global Market Segmentation: Identifying Major Gastrointestinal Devices Industry Segments
The gastrointestinal devices market covered in this report is segmented –
1) By Product Type: GI Videoscopes, Biopsy Devices, Endoscopic Retrograde Cholangiopancreatography Devices (ERCP), Capsule Endoscopy, Endoscopic Ultrasound, Endoscopic Mucosal Resection (EMR), Hemostasis Devices, Other Product Types
2) By Sales Channel: Online Retailing, Medical Stores And Brand Outlet
3) By End Users: Hospitals, Clinics And Dialysis Centers, Ambulatory Surgical Center
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What are the Emerging Trends Shaping the Future of the Gastrointestinal Devices Market?
The key trends in the gastrointestinal devices market are:
• The rising preference for minimally invasive procedures is an emerging trend.
• Increasing cases of gastrointestinal disorders are shaping the market.
• There is a visible trend shift towards homecare and patient-centric devices.
• Remote monitoring and telehealth adoption is an upcoming trend.
Who Are the Top Competitors & Leading Players in the Gastrointestinal Devices Market?
Major companies in the gastrointestinal devices market are:
• Johnson and Johnson Services Inc.
• Medtronic plc
• Siemens Healthineers AG
• Fujifilm Holdings Corporation
• Becton, Dickinson and Company
• Stryker Corporation
• Boston Scientific Corporation
• B. Braun Melsungen AG
• Olympus Corporation
• Interscope Inc.
• Steris plc
• Cook Group Incorporated
• MICRO-TECH Co. Ltd.
• Cantel Medical Corp.
• CONMED Corporation
• PENTAX Medical Company
• Karl Storz SE & Co. KG
• US Endoscopy Inc.
• Richard Wolf GmbH
• Motus GI Holdings Inc.
• Congentix Medical Inc.
• ERBE Elektromedizin GmbH
• Creo Medical Group plc
• GI Dynamics Inc.
• Millennium Surgical Corp.
• Mauna Kea Technologies SA
• EndoMaster Pte Ltd.
• Zhanjiang Bokang Biotechnology Co. Ltd.
• Jinshan Science & Technology Co.
• Safe Medical Design Inc.
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the gastrointestinal devices market in 2024
