Health Care

Olympus faces challenge in China's endoscope market from local companies

CEO sees hurdles to overcome, but large untapped health care market open to innovation

20240724 Olympus

Olympus is promoting endoscope use in developing markets, including China. (Photo by Aya Onishi)

MITSURU OBE, Nikkei Asia chief business news correspondent
July 26, 2024 10:51 JST

TOKYO -- Olympus is facing growing competition in the endoscope market in China, CEO Stefan Kaufmann said during a recent media roundtable at which the German executive set out ways to globalize the Japanese medical device maker.

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