United Kingdom Endoscopy Devices - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029)

The United Kingdom Endoscopy Devices Market size is estimated at USD 1.65 billion in 2024, and is expected to reach USD 2.24 billion by 2029, growing at a CAGR of 6.38% during the forecast period (2024-2029).

The Government of the United Kingdom declared a lockdown across the country in March 2020, and all medical services were directed to combat the virus's impact. The total number of medical operations conducted in the country was altered by the categorization of healthcare services into essential and non-essential services. Experts at the University of Birmingham-led National Institute for Health Research (NIHR) on Global Surgery published their findings in May 2020, examining whether SARS-CoV-2 infected patients who underwent surgery have significantly worse postoperative outcomes than similar patients who do not have SARS-CoV-2 infection. The study found that 23.8% of patients died within 30 days, with an elective surgery mortality rate of 18.9% and an emergency surgery death rate of 25.6%. According to the study, patients who have contracted coronavirus and have surgery are at a far higher risk of dying afterward, and non-emergent procedures should be avoided. This decrease in surgical procedures has resulted in a decrease in intraoperative and diagnostics procedures, which has hampered market growth

The UK endoscopy devices market is majorly driven by increased demand for the use of minimally invasive procedures in surgeries. Furthermore, technological advancements, increasing aging population, reduced healthcare costs, and improved patient quality of life are boosting the market growth in the United Kingdom, for endoscopy devices.

Increasing adoption of minimally invasive surgeries has propelled the usage of various endoscopes in surgical procedures, such as arthroscopy, laparoscopy, bronchoscopy, and cystoscopy. Compared to open surgeries, these procedures result in quicker recovery and lesser trauma to patients. Thus, minimally invasive surgical procedures are being preferred over open/invasive surgeries and are thereby likely to increase demand for minimally invasive endoscopic devices over the coming years. The shift toward minimally invasive surgeries can also be attributed to higher patient satisfaction, economic viability, relatively shorter hospital stay, and reduced post-surgical complications. Thus, demand for minimally invasive endoscopic surgeries is expected to increase over the coming years. However, expensive procedures, limited availability of skilled labor, and stringent regulatory framework are the challenges faced by the market.

United Kingdom Endoscopy Devices Market Trends

The Flexible Endoscopy Segment Dominates the UK Endoscopy Devices Market

Flexible endoscopes provide visibility for the internal side of the organ, which generally cannot be seen with a normal view. In order to perform ENT procedures, throat cancer, sleep apnea, chronic cough, vocal cord dysfunction, and disorders related to swallowing, flexible endoscopes are extensively used in hospitals, clinics, and other medical facilities. This further boosts the growth of the endoscopic devices market. When a flexible endoscopic device comes into contact with a patient's tissue, blood, urine, saliva, or stool, appropriate cleaning is important, in order to avoid harmful effects caused by contamination. Moreover, the new product launches by the key players and new developments in the area are further projected to propel the studied market. For instance, in July 2020, FUJIFILM Medical Systems Inc., announced the introduction of its innovative ELUXEO Surgical System, a first-of-its-kind equipment tower comprised of products from the company's endoscopy and minimally invasive surgery portfolios. The system leverages the company's endoscopic image processing technology to deliver surgeons unparalleled visualization while performing both flexible and rigid endoscopy from a single tower.

The most common types of flexible endoscopy for the gastrointestinal tract are oesophagogastroduodenoscopy (OGD) and colonoscopy. Recent research studies reported that flexible endoscopy under conscious sedation with overtubes is likely to show a high success rate. These devices may improve the safety of patients and minimize personnel exposure to liquid chemical germicides and their vapors.

United Kingdom Endoscopy Devices Industry Overview

The UK endoscopy devices market rapidly evolved over the last few years. The industry observed significant changes in adopting market strategies, such as product developments, mergers, and acquisitions in recent years. Thus, the UK endoscopy devices market has become a very competitive industry.

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