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How Has the Endoscopy Video Systems Market Grown from 2024 to 2025?

The market size for endoscopy video systems has seen robust growth in the past few years. Projected growth from $26.56 billion in 2024 to $28.63 billion in 2025, suggests a compound annual growth rate (CAGR) of 7.8%. The upward trend in the historical phase can be linked to factors such as minimally invasive surgery (mis), training and education, patient and surgeon safety, and the digital evolution in healthcare.

What Growth Rate Is Anticipated for the Endoscopy Video Systems Market in the Coming Years?

The market size of endoscopy video systems is anticipated to experience significant growth in the upcoming years, expanding to $37.93 billion in the year 2029 with a compound annual growth rate (CAGR) of 7.3%. The main drivers of growth in the projected period include the global development of healthcare, focus on patient-oriented care, specialized endoscopy applications, and the adoption of portable and wireless systems. The projection period also reveals several critical trends, including technological innovation, the application of artificial intelligence, the emergence of 3D imaging, and the use of augmented reality (AR) for visualization.

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Who Are the Leading Companies in the Endoscopy Video Systems Market?

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 Are the Key Drivers of the Endoscopy Video Systems Market?

The endoscopy video systems market is set to see significant growth due to rising instances of stomach and colorectal cancer. The start of stomach cancer, or gastric cancer, is typically located in the lining of the stomach, while colorectal cancer usually begins in the rectum or colon. The role of endoscopy video systems in diagnosing stomach and colorectal cancers has become highly valuable, enabling physicians to visually examine the gastrointestinal tract via an endoscope. For example, in February 2023, the American Society of Clinical Oncology projected that 153,020 U.S adults will be diagnosed with colorectal cancer, causing an estimated 52,550 deaths. Furthermore, the American Cancer Society predicted in January 2022 that more than 26,500 stomach cancer cases and around 11,130 deaths will occur in 2023. Therefore, these increasing occurrence rates of stomach and colorectal cancers are promoting growth in the endoscopy video systems market. Further expansion of the endoscopy video systems market is being driven by a surge in cases of inflammatory bowel disease. This chronic illness results in inflammation of the digestive tract. The use of endoscopy video systems in diagnosing and treating inflammatory bowel disease (IBD) has proven beneficial in providing clear, detailed views of the gastrointestinal tract. As per a research article from the Journal of the Canadian Association of Gastroenterology published in March 2023, the incidence rate of IBD in Canada is set to rise from 825 per 100,000 in 2023 to 1075 per 100,000 by 2035. This growth in IBD cases further fuels the demand for endoscopy video systems products.

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What Are the Key Market Segments in the Endoscopy Video Systems Industry?

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

What Are the Latest Trends in the Endoscopy Video Systems Market?

Leading firms in the endoscopy video system market are focusing their efforts on inventing novel solutions, such as surgical visualization platforms, with the goal of enhancing their services to customers and solidifying their standing in the market. Surgical visualization platforms encompass a system that includes a camera, a light source, and a display, all of which provide surgeons with an amplified and unobstructed view of the area being operated on. For instance, in September 2022, Olympus Corporation, a company based in Japan that produces endoscopic video devices, unveiled VISERA ELITE III. This is an advanced surgical visualization platform that caters to the requirements of healthcare providers (HCPs) undertaking endoscopic procedures in a variety of medical fields. VISERA ELITE III has an abundance of imaging features, all of which are supported by a single system, rendering it suitable for minimally invasive procedures such as laparoscopic cholecystectomy and laparoscopic colectomy. The upcoming software upgrades are set to augment the surgical imaging capabilities and facilitate particular configurations that effortlessly accommodate several surgical applications, thereby leading to a reduction in investment costs.

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What Are the Key Regional Markets in the Endoscopy Video Systems Industry?

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.

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This Report Delivers Insight On:

1. How big is the endoscopy video systems market, and how is it changing globally?

2. Who are the major companies in the endoscopy video systems market, and how are they performing?

3. What are the key opportunities and risks in the endoscopy video systems market right now?

4. Which products or customer segments are growing the most in the endoscopy video systems market?

5. What factors are helping or slowing down the growth of the endoscopy video systems market?

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