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Emerging Trends Influencing The Growth Of The Endoscopy Video Systems Market: Innovative Surgical Visualization Platforms Drive Competitive Advantage For Endoscopy Video System Manufacturers
The Endoscopy Video Systems Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].How Big Is the Endoscopy Video Systems Market Size Expected to Be by 2034?
Recent years have seen a robust growth in the market size of endoscopy video systems. The market which stood at $26.56 billion in 2024 is projected to reach $28.63 billion in 2025, expanding at a compound annual growth rate (CAGR) of 7.8%. Factors such as minimally invasive surgery (mis), education and training, patient and surgeon safety, and digital transformation in healthcare contributed to the growth during the previous years.
In the ensuing years, the market size for endoscopy video systems is anticipated to experience robust expansion. The market is projected to escalate to $37.93 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.3%. Factors such as healthcare globalization, patient-focused care, specialized field endoscopy, along with wireless and portable systems account for this growth over the anticipated period. Key trends to watch in this timeframe involve progress in technological advancements, incorporation of artificial intelligence, 3d imaging, and augmented reality (AR) visualization.
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What Are the Emerging Segments Within the Endoscopy Video Systems Market?
The endoscopy video systems market covered in this report is segmented -
1) By Product: Endoscopic Video Systems, Endoscopy Video Components
2) By Component Type: Camera Head, Light Sources, Suction Pumps, Video Processors, Insufflators
3) By Application: Upper GI Endoscopy, Colonoscopy, Bronchoscopy, Sigmoidoscopy, ENT Endoscopy, Other Applications
4) By End User: Hospitals, Specialty Clinics, Diagnostic Imaging Centers, Ambulatory Surgical Centers, Other End Users
Subsegments:
1) By Endoscopic Video Systems: Standard Endoscopic Video Systems, High-Definition Endoscopic Video Systems, 3D Endoscopic Video Systems, 4K Endoscopic Video Systems
2) By Endoscopy Video Components: Cameras, Monitors, Recording Devices, Video Processors, Cables And Connectors
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What Long-Term Drivers Are Shaping Endoscopy Video Systems Market Trends?
Endoscopy video systems market is projected to witness significant growth due to the increasing rates of stomach and colorectal cancer. Stomach or gastric cancer arises from the cells lining the stomach, while colorectal cancer starts in the rectu*m or colon. Endoscopy video systems are utilized for screening and diagnosing these types of cancers by inserting an endoscope into the gastrointestinal tract. For instance, the American Society of Clinical Oncology, a US-based professional organization for oncologists, predicted in February 2023 that about 153,020 adults would be diagnosed with colorectal cancer and around 52,550 deaths are anticipated in 2023. Additionally, according to the American Cancer Society, a US-based non-profit health organization aimed at eradicating cancer, predicted in January 2022 that more than 26,500 new stomach cancer cases and 11,130 deaths are expected in 2023. Therefore, the increasing prevalence of stomach and colorectal cancer fuels the growth of the endoscopy video systems market. A significant factor contributing to the progress of the endoscopy video systems market is the growing instances of inflammatory bowel disease. This chronic disease triggers inflammation in the digestive tract. Endoscopy video systems are instrumental in the diagnosis and treatment of inflammatory bowel disease (IBD) as they allow for a clear and detailed inspection of the gastrointestinal tract. For example, in a research article published in March 2023 in the Journal of the Canadian Association of Gastroenterology, a Canada-based open-access peer-reviewed journal, the incidence rate of inflammatory bowel disease in Canada is projected to rise from 825 per 100,000 in 2023 to 1075 per 100,000 in 2035. Therefore, the rising cases of inflammatory bowel disease bolster the growth of the endoscopy video systems markets.
Who Are the Top Competitors in Key Endoscopy Video Systems Market Segments?
Major companies operating in the endoscopy video systems market are Johnson & Johnson Ltd., Medtronic PLC, Siemens Healthineers AG, FUJIFILM Holdings Corporation., Stryker Corporation, Boston Scientific Corporation, Nisco Co Ltd., B. Braun Melsungen AG, Olympus Corporation, Intuitive Surgical Inc., Smith & Nephew PLC, Hologic Inc., Steris PLC, Mindray Medical International Ltd., Teleflex Incorporated, Arthrex Inc., Karl Storz SE & Co. KG, CONMED Corporation, Ambu A/S, Richard Wolf GmbH, SonoScape Medical Corp, PENTAX Medical, Verathon Inc., Perlong Medical Equipment Co.Ltd., XION GmbH, BR Surgical LLC, Luxtel LLC, CapsoVision Inc., Happersberger Otopront GmbH, ILO Electronic GmbH.
What Endoscopy Video Systems Market Trends Are Gaining Traction Across Different Segments?
Leaders in the endoscopy video system market, such as Olympus Corporation, are focusing on designing and introducing cutting-edge solutions like surgical visualization platforms. The aim of these developments is to improve customer services and to reinforce their standing in the market. These surgical visualization platforms deliver surgeons with an enhanced and clear sight of the surgery area, comprising of a camera, light source, and display. For example, in September 2022, Olympus Corporation, a prominent Japanese maker of endoscopic video devices, introduced the VISERA ELITE III. This advanced surgical visualization platform meets the needs of healthcare providers performing endoscopic surgeries across a variety of medical fields. The VISERA ELITE III provides an array of imaging features, all supported by one system, which facilitates minimally invasive procedures such as laparoscopic cholecystectomy and laparoscopic colectomy. The upcoming software enhancements will expand surgical imaging capabilities and assist specific configurations that effortlessly support diversified surgical applications, which would result in reductions in investment costs.
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Which Regions Are Becoming Hubs for Endoscopy Video Systems Market Innovation?
North America was the largest region in the endoscopy video systems market in 2024. The regions covered in endoscopy video systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Endoscopy Video Systems Market?
2. What is the CAGR expected in the Endoscopy Video Systems Market?
3. What Are the Key Innovations Transforming the Endoscopy Video Systems Industry?
4. Which Region Is Leading the Endoscopy Video Systems Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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