AI Endoscopy Market Trends and Forecast
The future of the global AI endoscopy market looks promising with opportunities in the hospital and clinic markets. The global AI endoscopy market is expected to grow with a CAGR of 24.7% from 2024 to 2030. The major drivers for this market are rising prevalence of gastrointestinal diseases and increasing adoption of minimally invasive surgeries.
• Lucintel forecasts that software is expected to witness higher growth over the forecast period.
• Within this market, hospital is expected to witness the higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the AI Endoscopy Market
• United States: In the United States, companies like Medtronic and Boston Scientific are leading initiatives in AI Endoscopy. Medtronic has focused on integrating AI algorithms into its endoscopic systems to enhance diagnostic accuracy and procedural efficiency. The company AIms to leverage AI to improve real-time decision-making during gastrointestinal procedures. Boston Scientific has collaborated with AI technology firms to develop advanced endoscopic solutions AImed at improving disease detection and treatment outcomes. The U.S. government supports such initiatives through funding programs and regulatory frameworks that promote innovation in medical technology.
• India: In India, AI Endoscopy initiatives are emerging with companies like EndoClear Technologies leading developments. EndoClear Technologies has introduced AI-powered endoscopic systems designed to enhance diagnostic capabilities for early detection of gastrointestinal disorders. The company targets partnerships with healthcare providers and research institutions to deploy AI solutions across IndiaÄX%$%Xs healthcare sector. The Indian government supports healthcare innovation through policies that encourage research and development in medical technology, fostering collaborations between industry and academia.
• China: In China, companies such as ShanghAI Aohua Photoelectricity Endoscope Co., Ltd. have advanced AI applications in endoscopy. ShanghAI Aohua has developed AI-driven endoscopic platforms to improve detection rates of gastrointestinal cancers and other diseases. The company AIms to expand market reach and enhance technological capabilities through strategic partnerships and government support for healthcare innovation. The Chinese government promotes AI technology adoption in healthcare through initiatives that facilitate technological advancements and improve medical service delivery
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
AI Endoscopy Market by Segment
The study includes a forecast for the global AI endoscopy market by type, application, and region.
AI Endoscopy Market by Type [Value from 2018 to 2030]:
• Software
• Hardware
AI Endoscopy Market by Application [Value from 2018 to 2030]:
• Hospital
• Clinic
• Others
AI Endoscopy Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of AI Endoscopy Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chAIn. With these strategies AI endoscopy companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the AI endoscopy companies profiled in this report include-
• Anx Robotica
• Odin Medical
• Nec Corporation
• Asus
• AIendoscopic
• Virgo
• AI Medical Service
Recent Development in the AI Endoscopy Market
• Medtronic : Medtronic has integrated artificial intelligence (AI) algorithms into its endoscopy platforms to improve diagnostic accuracy. The companyÄX%$%Xs initiative focuses on AI-driven image analysis to assist clinicians in detecting abnormalities such as polyps and early signs of gastrointestinal diseases during endoscopic procedures. Medtronic AIms to enhance patient outcomes by providing real-time diagnostic insights through AI technology, thereby supporting personalized treatment approaches.
• Olympus Corporation : Olympus Corporation has developed AI-assisted endoscopic solutions AImed at enhancing procedural efficiency and diagnostic accuracy. The companyÄX%$%Xs initiative includes the integration of AI algorithms into its endoscopic systems to analyze real-time images and video data. Olympus focuses on improving detection rates of lesions and supporting clinicians in making informed decisions during endoscopic examinations. The initiative aligns with OlympusÄX%$%X commitment to advancing healthcare through innovation in medical technology.
• Boston Scientific : Boston Scientific has collaborated with AI technology companies to develop AI-powered endoscopic innovations. The companyÄX%$%Xs initiative includes partnerships AImed at integrating AI algorithms into its endoscopy platforms to streamline workflow and improve diagnostic capabilities. Boston Scientific targets advancements in gastrointestinal diagnostics and therapeutic interventions through AI-driven image analysis and data interpretation, supporting clinical decision-making and patient care.
• Fujifilm Medical Systems : Fujifilm Medical Systems has launched AI applications designed to enhance endoscopic imaging capabilities. The companyÄX%$%Xs initiative focuses on AI algorithms that improve image quality, detect abnormalities, and support real-time diagnosis during endoscopic procedures. Fujifilm AIms to empower healthcare professionals with advanced tools for early detection of gastrointestinal diseases and precise treatment planning. The initiative underscores FujifilmÄX%$%Xs commitment to leveraging AI technology for improving patient outcomes and healthcare efficiency
Features of the Global AI Endoscopy Market
Market Size Estimates: AI endoscopy market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: AI endoscopy market size by type, application, and region in terms of value ($B).
Regional Analysis: AI endoscopy market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the AI endoscopy market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the AI endoscopy market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for AI endoscopy market?
Answer: The global AI endoscopy market is expected to grow with a CAGR of 24.7% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the AI endoscopy market?
Answer: The major drivers for this market are rising prevalence of gastrointestinal diseases and increasing adoption of minimally invasive surgeries.
Q3. What are the major segments for AI endoscopy market?
Answer: The future of the AI endoscopy market looks promising with opportunities in the hospital and clinic markets.
Q4. Who are the key AI endoscopy market companies?
Answer: Some of the key AI endoscopy companies are as follows:
• Anx Robotica
• Odin Medical
• Nec Corporation
• Asus
• AIendoscopic
• Virgo
• AI Medical Service
Q5. Which AI endoscopy market segment will be the largest in future?
Answer: Lucintel forecasts that software is expected to witness higher growth over the forecast period.
Q6. In AI endoscopy market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the AI endoscopy market by type (software and hardware), application (hospital, clinic, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to AI Endoscopy Market, AI Endoscopy Market Size, AI Endoscopy Market Growth, AI Endoscopy Market Analysis, AI Endoscopy Market Report, AI Endoscopy Market Share, AI Endoscopy Market Trends, AI Endoscopy Market Forecast, AI Endoscopy Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.