The Endoscopy Visualization Systems Market is projected to grow at a CAGR of 6.8% during the forecast period (2024-2031).

An endoscopy is a medical procedure used to examine the interior of a hollow organ or body cavity. During the procedure, an endoscope—a flexible or rigid tube equipped with a camera and light—is inserted directly into the organ or cavity. This approach allows for detailed internal visualization, differentiating it from other imaging techniques. Depending on the location and purpose of the examination, the procedure may be performed by a doctor or a surgeon.

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Market Dynamics:

The growing prevalence of gastrointestinal diseases will drive the market

Endoscopy is a non-surgical procedure used to examine the digestive tract and other internal organs. This technique is particularly important for diagnosing and monitoring conditions such as colorectal cancer and gastrointestinal disorders. For instance, colonoscopy, a type of endoscopy, is used to screen for colorectal cancer, where doctors can also remove polyps that could potentially develop into cancer.

The rising prevalence of these conditions is driving growth in the endoscopy market. The percentage of U.S. adults aged 50 to 75 who were up-to-date with colorectal cancer screening increased from 67.4% in 2016 to 68.8% in 2018, representing an additional 3.5 million adults screened. Colorectal cancer is a major contributor to GI cancer rates and mortality, with around 52,394 deaths reported. Additionally, approximately 6.9 million upper, 11.5 million lower, and 228,000 biliary endoscopies were performed in 2009. In the U.S., about 11% of the population suffers from chronic digestive diseases, with a prevalence rate of 35% among those aged 65 and older.

Market Segmentation:

By Product Type: Endoscopy equipment, Visualization Equipment, Other Equipments.

By End-User: Hospitals, Clinics, Ambulatory Surgical Centers.

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Major Key Players:

• PENTAX Medical
• FUJIFILM Holdings America Corporation
• Olympus Corporation
• NDS Surgical Imaging
• Novanta Company
• Stryker, KARL STORZ GmbH & Co. KG
• MedicalTek Co., Ltd.
• Zhengzhou YKinspection Enterprise Co., Ltd.
• Chongqing Xishan Science & Technology Co., Ltd
• Guangzhou Lety Medical Limited

Regional Analysis:

The global Endoscopy Visualization Systems Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter’s five force analysis. The Endoscopy Visualization Systems Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

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