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Endoscopic Camera Global Market 2024 - By Size, Share, Growth, Report, Outlook By 2033
The Business Research Company's Endoscopic Camera Global Market Report 2023 identifies increasing prevalence of gastrointestinal diseases as the major driver for the Endoscopic Camera market's growth in the forecast period. Gastrointestinal diseases, or digestive disorders, refer to a wide range of conditions that affect the digestive system, which includes the organs responsible for breaking down food, absorbing nutrients and eliminating waste. The increased prevalence of gastrointestinal diseases such as irritable bowel syndrome, gastritis and gastrointestinal cancers has led to a higher demand for endoscopy cameras, as they play a crucial role in diagnosing and monitoring these conditions through minimally invasive procedures, aiding in accurate visualization and treatment planning.
The endoscopic camera market size has grown rapidly in recent years. It will grow from $2.8 billion in 2023 to $3.08 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to minimally invasive surgery, medical training and education, patient and surgeon safety, robot-assisted surgery. The endoscopic camera market size is expected to see strong growth in the next few years. It will grow to $4.39 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%.
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Major competitors in the Endoscopic Camera market are Medtronic PLC, FUJIFILM Holdings Corporation, Stryker Corporation, Boston Scientific Corporation, SKF Group.
A key trend in the Endoscopic Camera market includes increasing prevalence of anal cancer. Anal cancer is a rare type of cancer that occurs in the anal canal, which is a short tube at the end of the rectum* through which stool leaves the body. Endoscopic cameras provide high-quality imaging capabilities, allowing for more precise observations during endoscopic examinations. This medical equipment aids in detecting cancerous lesions or abnormalities within the anal tract. For instance, according to the Cancer Facts and Figures 2023 report published by the American Cancer Society, a US-based professional organization, the number of new anal cancer cases reported in the United States is 9,760, compared to 9,440 cases in 2022. Additionally, the number of deaths attributed to anal cancer rose to 1,870, a rise from the 1,670 deaths recorded in 2022. Therefore, the increasing prevalence of anal cancer is driving the growth of the endoscopic camera market.
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The Endoscopic Camera market is segmented -
• By Type: HD Camera, 3D Camera, 4K Camera, Robotic Camera
• By Component: Camera Heads, Light Sources, Couplers, Monitors, Console Units, Image Capture Devices
• By Sensor Type: Complementary Metal Oxide Semiconductor (CMOS), Charge-Coupled Device (CCD)
• By Application: ENT Endoscopy, Laparoscopy, Gastrointestinal Endoscopy, Arthroscopy, Bronchoscopy, Urology Endoscopy, Gynecology Endoscopy, Other Application
• By End User: Hospitals, Ambulatory Surgery Centers, Clinics, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Endoscopic Camera market.
The Business Research Company's "Global Endoscopic Camera Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Endoscopic Camera Market Include:
1. Executive Summary
2. Endoscopic Camera Market Characteristics
3. Endoscopic Camera Market Trends And Strategies
4. Endoscopic Camera Market - Macro Economic Scenario
5. Global Endoscopic Camera Market Size and Growth
...............
32. Global Endoscopic Camera Market Competitive Benchmarking
33. Global Endoscopic Camera Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Endoscopic Camera Market
35. Endoscopic Camera Market Future Outlook and Potential Analysis
36. Appendix
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