Understanding Key Drivers and Growth Opportunities in the Endoscopy Video Systems Market: Trends and Market Size Insights
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Drivers Are Shaping the Growth and Development of theEndoscopy Video Systems Market?
The anticipated rise in stomach and colorectal cancer occurrences is set to facilitate the expansion of the endoscopy video systems market. Stomach, or gastric, cancer initiates from the cells that constitute the stomach lining, whereas colorectal cancer babies in the colon or the rectum. Utilizing endoscopy video systems in stomach and colorectal cancer aids doctors in screening and diagnosing the diseases through an endoscope inserted into the gastrointestinal tract. As an example, the American Society of Clinical Oncology confirmed in February 2023 that around 153,020 adults are projected to be diagnosed with colorectal cancer in 2023, with an estimated 52,550 deaths. Moreover, in January 2022, the American Cancer Society revealed forecasts for 2023, predicting over 26,500 novel stomach cancer incidences and 11,130 fatalities. Consequently, the increasing rates of stomach and colorectal cancer are propelling the endoscopy video systems market forward. Endoscopy Video Systems Market Driver: The Surge in Inflammatory Bowel Disease Cases Boosts Endoscopy Video Systems Market Expansion
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How Has the Endoscopy Video Systems Market Evolved in Recent Years, and What are the Growth Projections for the Forecast Period?
The market for endoscopy video systems has seen significant growth in the last few years. A progression from $26.56 billion in 2024 to $28.63 billion in 2025 is forecasted, with a compound annual growth rate (CAGR) of 7.8%. This noticeable increase during the historical period can be linked to factors such as minimally invasive surgery (mis), educational programs, the safety of patients and surgeons, as well as the digital evolution within the healthcare sector.
In the coming years, a significant increase in the market size of endoscopy video systems is anticipated. It is projected to reach $37.93 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.3%. This surge during the forecast period can be linked to the worldwide expansion of healthcare, patient-focused care, the application of endoscopy in specialized areas, and the use of wireless and portable systems. Notable trends in the forecast period involve technological innovations, the fusion of artificial intelligence, 3D imaging, and the application of augmented reality (AR) for visualization.
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Which Cutting-Edge Market Trends Are Expected to Drive theEndoscopy Video Systems Market’s Growth?
Leading corporations engaged in the endoscopy video system market are focusing their efforts on creating novel solutions like surgical visualization platforms. This effort helps improve their customer service and solidify their position in the market. These platforms consist of a camera, light source, and display that offers surgeons an enhanced and vivid view of the operation site. For example, in September 2022, Olympus Corporation, originating from Japan and known for manufacturing endoscopic video devices, introduced VISERA ELITE III, an advanced surgical visualization platform. This platform meets the needs of healthcare providers for endoscopic procedures across various medical fields. The VISERA ELITE III system provides multiple imaging features, all operated by one system. The system supports minimally invasive surgeries such as laparoscopic cholecystectomy and laparoscopic colectomy. Its subsequent software updates will enlarge the surgical imaging scope and facilitate specific configurations supporting multiple surgical applications, ultimately reducing investment costs.
What Are the Leading Market Players Impacting theEndoscopy Video Systems Market’s Growth Trend?
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.
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How Are the Key Segments of the Endoscopy Video Systems Market Driving Opportunities and Innovations?
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 Regions Are At the Forefront of #What Drivers Are Shaping the Growth and Development of theEndoscopy Video Systems Market?# Market Expansion?
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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