Overview and Scope
An endoscopic camera refers to a specialized medical tool used during endoscopic treatments to record high-definition photographs and videos of the body’s inside organs and tissues. It is made to be placed into the body through natural orifices or tiny incisions, enabling medical personnel to see and diagnose a variety of medical disorders.
Sizing and Forecast
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%. The growth in the forecast period can be attributed to global expansion of healthcare, aging population, remote consultations and telesurgery, single-port endoscopy. Major trends in the forecast period include technological advancements, artificial intelligence integration, customized imaging modes, disposable endoscopes.
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Segmentation & Regional Insights
The endoscopic camera market covered in this report is segmented –
1) By Type: HD Camera; 3D Camera; 4K Camera; Robotic Camera
2) By Component: Camera Heads; Light Sources; Couplers; Monitors; Console Units; Image Capture Devices
3) 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
4) By End User: Hospitals; Ambulatory Surgery Centers; Clinics
Other End-Users
North America was the largest region in the endoscopic camera market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in endoscopic camera market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The increasing prevalence of gastrointestinal diseases is expected to propel the growth of the endoscopic camera market going forward. 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. For instance, in January 2023, according to the American Cancer Society (ACS), a US-based health organization dedicated to eliminating cancer, gastrointestinal cancers increased by 3.18% to 348,840 compared to 338,090 in 2021 in the United States. Therefore, the increasing prevalence of gastrointestinal diseases will drive the endoscopic camera market.
Key Industry Players
Major players in the endoscopic camera market are Medtronic PLC, FUJIFILM Holdings Corporation, Stryker Corporation, Boston Scientific Corporation, SKF Group, B. Braun Melsungen AG, Olympus Corporation, Hoya Corporation, Smith & Nephew PLC, Ethicon US LLC, Arthrex Inc., Cook Group, KARL STORZ Endoscopy-America Inc., Conmed Corporation, Richard Wolf GmbH, American Well Corporation, Ackermann Instrumente GmbH, Henke-Sass Wolf GmbH, XION Medical, Cogentix Medical Inc., NORTH-SOUTHERN ELECTRONICS LIMITED, PCE Instruments UK Limited, Zowietek Electronics Ltd., Huger Endoscopy Instruments Co. Ltd., ILO electronic GmbH, Maxer Endoscopy GmbH, Advin Healthcare Private Limited, PROVIX Inc., Odysight.ai Inc., Optofine Instruments Pvt. Ltd.
The endoscopic camera market report table of contents includes:
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
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26. South America Endoscopic Camera Market
27. Brazil Endoscopic Camera Market
28. Middle East Endoscopic Camera Market
29. Africa Endoscopic Camera Market
30. Endoscopic Camera Market Competitive Landscape And Company Profiles
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