Endoscopy Cameras Market
Endoscopy Cameras Market Size, Share, Growth Analysis, By Product Type (Devices, Accessories), By Application (Gastroenterology, Pulmonology, Orthopedic, Cardiology, ENT, Gynecology, Neurology, Urology), By End User (Hospitals, Diagnostic Centers) - Global Market Insights 2022 to 2027
Analysis of Endoscopy Cameras market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Endoscopy Cameras Market Outlook (2022-2027)
Worldwide sales of endoscopy cameras are anticipated to increase at a stellar CAGR of 10.6% from 2022 to 2027. At present, the global endoscopy cameras market is valued at US$ 1.3 billion and is projected to reach a value of US$ 2.15 billion by the end of 2027.
The market for endoscopy cameras in China is anticipated to be a highly lucrative one and is projected to expand at a staggering 15% CAGR to end at US$ 450 million by 2027-end.
Endoscopy Cameras Market Size (2022)
US$ 1.3 Billion
Projected Market Value (2027F)
US$ 2.15 Billion
Global Market Growth Rate (2022-2027)
United States Market Value (2022)
US$ 300 Million
Germany Market Growth Rate (2022-2027)
China Market Value (2027F)
US$ 450 Million
Key Companies Profiled
Don't Need a Global Report?
save 40%! on Country & Region specific reports
Sales Analysis of Endoscopy Cameras (2017-2021) & Market Predictions (2022-2027)
Increasing demand for endoscopies for the treatment of several chronic diseases is anticipated to be a primary factor driving the sales of endoscopy cameras across the forecast period. Growing incidence of gastrointestinal disorders such as peptic ulcer disease, Crohn’s disease, irritable bowel syndrome, etc. is also projected to boost demand for endoscopy cameras through 2027.
Sales of endoscopy cameras are slated to increase at an impressive CAGR of 10.6% over the next five years. The increasing geriatric population and the rising focus on healthcare are also expected to uplift endoscopy cameras market growth.
Increasing patient preference for minimally invasive surgeries and the rising availability of such surgeries are also expected to favor shipments of endoscopy cameras going forward. Advancements in endoscopic camera technologies are also expected to bolster market growth throughout the forecast period.
Increasing demand for advanced diagnostic therapies and rising availability of surgical microscopy cameras in healthcare institutions are other factors that could potentially promulgate endoscopy camera sales in the future.
North America and the Asia Pacific are anticipated to be the most lucrative regional markets throughout the forecast period for major and minor endoscopy cameras market players. Disposable endoscopes are anticipated to gain popularity going forward as awareness of hospital-acquired infections (HAIs) increased across the world.
CMOS sensor-based cameras are anticipated to witness higher demand than CCD sensor-based cameras owing to their better resolution and growing demand for high megapixel cameras.
However, the high costs of advanced endoscopic cameras and the lack of skilled professionals to handle advanced endoscopy systems are anticipated to obstruct overall endoscopy cameras market growth across the forecast period.
What’s Guiding Endoscopy Cameras Market Growth Trajectory?
“Increasing Incidence of Cancer Across the World”
Cases of colon cancer have been increasing in the past few years and the trend is expected to be rife over the coming years as well. Endoscopy plays a crucial role in the diagnosis and treatment of colon cancer and hence, is anticipated to favor demand for endoscopy cameras over the coming years. A high incidence of esophageal cancer is also expected to favor endoscopy camera sales across the forecast period.
“Growing Geriatric Population”
The aging population across the world has been increasing and is expected to further increase across the forecast period, which is predicted to favor endoscopy camera shipments. The senescent population is more susceptible to chronic diseases and as they increase in number, it is expected to drive demand for endoscopic diagnostic procedures among them.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
How are Start-ups Making a Buzz in the Endoscopy Cameras Industry?
“New Entrants Focusing on Innovation to Disrupt the Market”
Aspiring market players are expected to focus on research and development of innovative and new endoscopy solutions to create a space for themselves in the global endoscopy cameras marketplace.
- In July 2022, BioCam, a Wroclaw-based start-up became the first company in the European region to create a swallowable capsule with an intelligent image analysis system to speed up the diagnosis of colonic cancer. The images are transferred through Bluetooth technology to an external system for further analysis.
- In August 2020, Intelligent Haptronic Solutions, a Chinese haptic robotics start-up raised financing to advance the development of its training robots for gastrointestinal endoscopic surgeries. The company’s haptic technology is enabling virtual surgical training to disrupt the endoscopy training market.
Upcoming market players can mimic these strategies with their unique products and expand their sales potential to make a mark in the global endoscopy cameras industry.
How Can the United States Be a Favorite Market for Endoscopy Camera Manufacturers?
“Presence of Developed Healthcare Infrastructure & Rapid Adoption of Advanced Technologies”
The U.S. is known for its developed healthcare infrastructure which provides better healthcare for all of its citizens. The nation is also known for its rapid adoption of advanced technologies and both of the aforementioned factors are anticipated to provide highly attractive business opportunities for endoscopy camera suppliers in this country throughout the forecast period. Demand for dental cameras, ophthalmology cameras, and dermatology cameras is also anticipated to be high in the U.S. through 2027.
High incidence of gastrointestinal disorders, growing prevalence of chronic diseases, increasing geriatric population, and high availability of advanced endoscopy cameras are other factors that drive endoscopy cameras market growth in the country. The U.S. endoscopy cameras market in 2022 is estimated to be valued at around US$ 300 million.
This latest endoscopy cameras market report by Fact.MR, a market research and competitive intelligence provider, discusses a comprehensive account of all market trends, restraints, challenges, and opportunities affecting growth in major and minor countries across the world.
Which Applications Provide Attractive Growth Opportunities for Endoscopy Camera Suppliers?
“Pulmonology, Cardiology, & Gastroenterology Providing Lucrative Business Scope”
The global endoscopy cameras market, based on application, is segmented into gastroenterology, pulmonology, orthopedic, cardiology, ENT, gynecology, neurology, and urology.
The world has witnessed a notable increase in cardiology and pulmonary disorders in recent years and this has resulted in high demand for endoscopies to diagnose and treat these disorders. Gastroenterology application is anticipated to witness the highest demand for endoscopy cameras over the coming years owing to the growing prevalence of Crohn’s disease, irritable bowel syndrome, and other gastrointestinal disorders across the world.
Manufacturers are anticipated to focus on the development and launch of products that are specifically designed for gastroenterology, cardiology, and pulmonary diseases owing to their high prevalence and demand.
Why are Sales of Endoscopy Cameras High in Hospitals?
“Rising Number of Endoscopic Procedures Being Performed in Hospitals”
The global endoscopy cameras market, based on end user, is segmented into hospitals, diagnostic centers, and others.
Hospitals are anticipated to lead the global endoscopy camera sales across the forecast period owing to the rising number of endoscopic procedures being performed in hospitals. The increasing availability of endoscopies, the rising number of chronic disease treatments involving endoscopy, and favorable reimbursement infrastructure in hospitals are other factors that are anticipated to drive the growth of the endoscopy cameras market in the hospitals segment across the forecast period.
Rising use of refurbished medical devices to meet the high demand for medical equipment in hospitals is also anticipated to drive overall market potential through 2027.
Don't Need a Global Report?
save 40%! on Country & Region specific reports
Competitive Landscape :
Key players in the endoscopy cameras market are anticipated to focus on the launch of new and advanced cameras with better resolution to provide clear images and enhance the overall treatment scope.
- In March 2022, Endoluxe, a company focused on providing wireless endoscopy solutions announced the launch of its new high-definition (HD) endoscopy camera with TowerTech. The new camera can be used for orthopedics, general surgery, gynecology, and other applications.
Endoscope camera manufacturers are also focusing on partnerships and collaborations to advance their research scope and enhance market presence. Endoscopy camera companies are also pushing for the approval of new products to widen their sales potential.
- In June 2022, Saneso Inc., a leading developer of next-generation endoscopes announced that it had received approval for the U.S. FDA for its new integrated 360° field of view colonoscope. This is the world’s first and only colonoscope to have a 360° field of view.
- In November 2021, Diaspective Vision GmbH, a developer of camera systems for medical applications and OmniVision Technologies Inc., a leading developer of advanced imaging solutions announced a new partnership. Through this partnership, the companies aim to develop the Malyna system, a new endoscopic camera based on proprietary multispectral imaging technology.
Segmentation of Endoscopy Cameras Industry Research
By Product Type :
By Application :
By End User :
- Diagnostic Centers
By Region :
- North America
- Latin America
- FAQs -
The global endoscopy cameras market accounts for a valuation of US$ 1.3 billion.
By 2027, sales of endoscopy cameras are estimated to reach US$ 2.15 billion.
From 2022 to 2027, the global endoscopy cameras market is set to progress at 10.6% CAGR.
The China endoscopy cameras market is set to evolve at a robust 15% CAGR and reach US$ 450 million by 2027.
The Germany endoscopy cameras market is set to expand at 7% CAGR over the next five years.
KARL STORZ, SCHÖLLY FIBEROPTIC GMBH, Richard Wolf GmbH, Xuzhou AKX Electronic Science And Technology Co. Ltd., Gimmi GmbH, Olympus, Honasa Consumer Pvt. Ltd., and Stryker are prominent endoscopy camera manufacturers.