[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.
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