Endoscopy Video Systems Market Size & Share, by Product (Standard Definition Visualization Systems, High Definition Visualization Systems, Ultrasound Devices); Component Type (Camera Head, Light Sources, Suction Pumps, Video Processors, Insufflators); End-user (Hospitals, Ambulatory Surgery Centres, Community Healthcare, Diagnostic Imaging Centres) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

Growth Drivers

• Rise in the Demand for Endoscopy
  The preference for endoscopic video systems for the surgical procedures is rising among the doctors and patients on the back of its results in quick recovery of the patients and less trauma for them. The medical experts are shifting from open surgeries to minimal invasive surgeries, thereby likely to increase the demand for minimal invasive endoscopic devices in the forecast period. Moreover, the endoscopic procedures are quick which results in less medical expenditure, shorter stay at the hospitals and attributes to higher patient satisfaction. Hence, endoscopy is gaining more traction with each passing day which is expected to fuel the endoscopy video systems market for endoscopic video systems over the forecast period.
• Advancement in the Technology and Global Rise in Health Diseases
  The geriatric population is rising, and they have a need for different kind of surgeries as they are more prone to medical conditions such as gall stones, pelvic abscess and respiratory disorders which involves endoscopy and its video systems. In addition, increasing private hospitals and rise in the budget of healthcare to tackle the surgical issues with more clarity and precision is boosting the growth of the endoscopy video systems market. With the high demand for endoscopic procedures, the demand for endoscopic video systems is expected to be showcase an upliftment over the forecast period.

Challenges

• High Cost of Endoscopic Video Systems
  The average price of an endoscopic video system is very high. Maintaining endoscopy equipments and video systems is of great importance in order to avoid patients from infection. Most of the developing countries are low in financial resources, which makes it difficult for them to invest and spend in such costly video systems. In addition, in some of the countries, there is no reimbursement from the government for endoscopic procedures. Moreover, any wear and tear during the insertion of endoscope will hamper the durability of the endoscopic equipments. All these factors are expected to restrain the growth of the endoscopic video systems market.