South Korea Endoscopy Devices Market

South Korea Endoscopy Devices Market Size Report – In a Glance

As per the survey report on South Korea endoscopy devices market, the market is expected to foresee a CAGR value of 3.4% during 2025-2035, and further generate a market size of USD 1.8 billion by the end of 2035. In 2025, the market size was value at USD 1.3 billion revenue.

• The South Korea endoscopy devices market’s growth is driven by rapid expansion of medical industry and development of infrastructure.
• KDMI analyst’s growth analysis foresees aging population and rising disease burden as the growth driver for South Korea endoscopy devices market.

South Korea Endoscopy Devices Market Analysis

Endoscopy devices are also knowns as Endoscopes they are medical instruments used to visualize and examine interior body. Endoscopy devices are flexible long tubes consisting of a camera and a light at the tip to seamlessly visualize interior parts. These devices can be inserted via mouth or anus that allows in examining organs and tissues, diagnose conditions, and in some cases perform surgical procedures. The South Korea endoscopy devices market growth is driven by rapidly growing healthcare industry and development of infrastructure by implementing advanced technology. The growing incidence of chronic diseases leads the demand for advanced devices. According to the reports, the healthcare sector accounted 5.3% of total carbon emission in South Korea. The carbon footprint is rapidly increasing in the country which drives the demand for sustainable healthcare and endoscopy instruments. The report also shows the data of 5-day audit conducted in healthcare sector, the result indicated that over 4,558 kg of waste was produced while performing endoscopies. Medex Worldwide, PENTAX Medical, and Olympus Corporation are some of the significant participants in the South Korea endoscopy devices market.

South Korea Endoscopy Devices Market Growth Drivers and Restraints

Growth Drivers

• Aging population and rising disease burden – South Korea is one of the largest growing aging populations in the world, which experiences significant growth in gastrointestinal disorder incidences, cancers, respiratory issues, and others that drives the demand for endoscopy devices. Growing aging population demands for regular health screening for diseases such as gastric cancer leading to the wide usage of advanced endoscopy devices. The government support and initiatives is organizing endoscopy programs increases the awareness among healthcare professionals and patients of early detection benefits, this drives the demand for diagnostic and therapeutic endoscopy treatments. Moreover, due to rising aging population, the age-related chronic disease incidences are rising in the country that requires early detection tools and instruments, leading to the growth of South Korea endoscopy devices market.
• Expanding application across medical specialties – South Korea’s healthcare industry is widely applying endoscopy technology in diversified fields such as gynecology, pulmonology, urology, and cardiology. Technological advancements and innovations have enabled industry to adopt advanced features including AI-assistance, capsule and robotics assisted systems, and others in providing precise, minimally invasive procedures, and strengthening industry reach, has contributed to the overall growth of South Korea endoscopy devices market.

Restraints

• High equipment costs & Uneven accessibility – The South Korea’s healthcare industry is well-developed and equipped with advanced systems such as 3D/HD imaging, AI tools, and robotic assisted devices, which leads to increased costs of treatment and therapies. The adoption of advanced tools and devices is difficult for smaller clinics, ambulatory centers, and rural hospitals due to budget complications that impacts the installation and maintenance costs, leading to expensive procedures. Moreover, lack of specialization also leads to slowdown of market scope in rural and remote areas.

South Korea Endoscopy Devices Market Segmentation

Our experts at KD Market Insights have segmented the South Korea endoscopy devices market research report as:

South Korea Endoscopy Devices Market Competitive Landscape

Some of the significant participants who top the South Korea endoscopy devices market share:

• SUNGYONG MEDITECH
• Karl Storz SE & Co. KG
• Medex Worldwide
• TECHCORD Co., Ltd
• Fujifilm Holdings
• PENTAX Medical
• Olympus Corporation
• Sometech
• MENFIS KOREA
• Endovision Co., Ltd