Global Chip on the Tip Endoscope Market to Reach USD 9.72 Billion by 2031, Driven by Demand for Minimally Invasive Diagnostics and AI Integration
[Tokyo, 2nd July 2025] – Clearview Market Insights (CVMI) reports that the global chip-on-the-tip (COT) endoscope market will grow from USD 4.28 billion in 2024 to USD 9.72 billion by 2031, with a CAGR of 12.5%. Growth is driven by increasing demand for high-definition, minimally invasive diagnostic procedures and AI-assisted endoscopic imaging.
“Chip on the tip endoscopes are transforming
medical diagnostics with superior image quality, real-time visualization, and
enhanced clinical decision-making,” said Dr. Lucas Meyer, medical imaging
analyst at CVMI.
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Key Market Highlights
- 2024
Market Size: USD 4.28 billion
- 2031 Forecast:
USD 9.72 billion
- CAGR:
12.5% (2024–2031)
Growth Catalysts
- Rise
in Minimally Invasive Surgeries: GI, pulmonary, and urology dominate.
- Technological
Innovations: AI-driven image enhancement and 3D visualization.
- Outpatient
and ASC Growth: Greater adoption in ambulatory centers.
Segment Insights
- Leading Application: Gastrointestinal endoscopy accounts for over
45% of the market share.
- Fastest-Growing Segment: Pulmonary endoscopy, driven by lung cancer
diagnostics.
- Regional Leaders: North America leads, with Europe second and
Asia-Pacific growing rapidly.
Competitive Overview (2024)
- Olympus
– 26%: Dominates GI and pulmonary markets.
- Karl
Storz – 21%: Leader in 3D and surgical endoscopy.
- Fujifilm
– 17%: Strong growth in AI-integrated endoscopy.
- Others
– 36%: Mix of specialty providers and regional players.
Outlook to 2031
The chip on the tip endoscope market will grow
due to AI-driven diagnostics, portable endoscopic platforms, and cloud-based
data storage. Increased demand for non-invasive screening, especially in
emerging markets, will boost market growth.
For more insights, visit https://clearviewmarketinsights.com/
About Clearview Market Insights:
Clearview Market Insights is a leading
market research and consulting firm providing in-depth industry analysis and
strategic recommendations for businesses worldwide.
Media contact:
Bhavani K
Marketing and Sales Head
ClearView Market Insights
Mail: sales@clearviewmarketinsights.com
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