South Korea Duodenoscopes Market Size, Share, and COVID-19 Impact Analysis, By Product (Reusable and Disposable), By Application (Diagnostics and Therapeutics/Treatment), and South Korea Duodenoscopes Market Industry Trend, Forecasts to 2035
Industry: HealthcareSouth Korea Duodenoscopes Market Size Insights Forecasts to 2035
- The South Korea Duodenoscopes Market Size Was Estimated at USD 24.87 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 7.28% from 2025 to 2035
- The South Korea Duodenoscopes Market Size is Expected to Reach USD 53.9 Million by 2035
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According to a Research Report Published by Spherical Insights & Consulting, the South Korea Duodenoscopes Market Size is anticipated to reach USD 53.9Million by 2035, growing at a CAGR of 7.28% from 2025 to 2035. Growing rates of gastrointestinal illnesses, improvements in endoscopic device technology, growing acceptability of ERCP treatments, large investments in R&D, and supporting regulatory frameworks are the main factors propelling the market's expansion.
Market Overview
The duodenoscope market involves the production and use of specialized endoscopic devices designed to examine and treat conditions in the duodenum, bile ducts, and pancreas, commonly used in procedures like ERCP (Endoscopic Retrograde Cholangiopancreatography). The minimally invasive diagnostics, reduced recovery time, and precise therapeutic interventions. The rising gastrointestinal disease prevalence, aging populations, and advancements in imaging and endoscopy technologies. In South Korea, the government supports medical innovation through funding for advanced diagnostic equipment and stringent sterilization regulations to ensure patient safety. Initiatives promoting early disease detection and improved healthcare infrastructure also contribute to market growth.
Report Coverage
This research report categorizes the market for South Korea duodenoscopes market based on various segments and regions forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea duodenoscopes market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment South Korea duodenoscopes market.
South Korea Duodenoscopes Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 24.87 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 7.28% |
2035 Value Projection: | USD 53.9 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 189 |
Tables, Charts & Figures: | 125 |
Segments covered: | By Product, By Application and COVID-19 Impact Analysis |
Companies covered:: | ROBOTECH, Hyundai Robotics, ESTsoft Robotics, Samsung Electronics (Robotics Division), Hanwha Robotics, SAMSUNG Medison, Angel Robotics, ExoAtlet Asia, H Robotics, Doosan Robotics, Rainbow Robotics, HD Hyundai Robotics, and Other key vendors |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The rising prevalence of gastrointestinal and pancreatic disorders, increasing demand for minimally invasive diagnostic procedures, and advancements in endoscopic technology. Growing awareness of early disease detection and improved healthcare infrastructure further support market growth. In South Korea, an aging population and increased healthcare spending are boosting demand for endoscopic diagnostics like ERCP.
Restraining Factors
The rising incidence of gastrointestinal and pancreatic diseases, and the growing preference for minimally invasive diagnostics like ERCP. Technological breakthroughs such as high-definition imaging, flexible endoscopes, and improved sterilization protocols enhance safety and procedural efficiency
Market Segmentation
The South Korea duodenoscopes market share is classified into product and application.
- The reusable segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea duodenoscopes market is segmented by product into reusable and disposable. Among these, the reusable segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. Its cost-effectiveness and widespread use in hospitals and diagnostic centers. Reusable duodenoscopes are preferred for their durability and ability to perform multiple procedures with proper sterilization. Advanced cleaning technologies and improved reprocessing protocols have enhanced safety, encouraging continued use.
- The diagnostics segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea duodenoscopes market is segmented by application into diagnostics and therapeutics/treatment. Among these, the diagnostics segment dominated a share in 2024 and is expected to grow at a significant CAGR during the forecast period. The rising need for early and accurate disease detection. Duodenoscopes are widely used for diagnostic endoscopic retrograde cholangiopancreatography (ERCP) procedures, aiding in the identification of bile duct and pancreatic diseases. Growing awareness about preventive healthcare, coupled with advancements in imaging and endoscopic technologies, is further driving demand.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea duodenoscopes market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- ROBOTECH
- Hyundai Robotics
- ESTsoft Robotics
- Samsung Electronics (Robotics Division)
- Hanwha Robotics
- SAMSUNG Medison
- Angel Robotics
- ExoAtlet Asia
- H Robotics
- Doosan Robotics
- Rainbow Robotics
- HD Hyundai Robotics
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea duodenoscopes market based on the below-mentioned segments:
South Korea Duodenoscopes Market, By Product
- Reusable
- Disposable
South Korea Duodenoscopes Market, By Application
- Diagnostics
- Therapeutics/Treatment
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