Analysis Indicates Accelerated Growth for AI in Endoscopy Market, Reaching USD 838.9 Million by 2033
According to a recent report by Market.us, the Global AI In Endoscopy Market size is expected to be worth around USD 838.9 Million by 2033 from USD 58.1 Million in 2023, growing at a CAGR of 30.6% during the forecast period from 2024 to 2033.
An Increase in Demand and Opportunities for the Global AI In Endoscopy Market by 2024,” offers a comprehensive analysis of the market by evaluating research and information from multiple sources. This report empowers decision-makers worldwide to positively influence the global economy by providing a detailed overview of the market, including statistics, market size, and competitive conditions.
The AI In Endoscopy Market report provides a deeper understanding of the industry. This helps in the development and execution of marketing strategies to better target the market. Market research reports can reduce risk, and save time and money. The AI In Endoscopy industry report can be used to increase the company’s industry knowledge, develop new marketing and advertising strategies, and identify the right demographics. The AI In Endoscopy Market Report has the most comprehensive research and the required expertise to ensure and receive the right information. This applies regardless of whether businesses want to analyze existing or emerging markets or find new product trends.
The AI In Endoscopy market boasts a strong global foundation. The market research report conducts a thorough analysis, forecasting future trends, growth factors, consumption and production volumes, as well as CAGR numbers. Moreover, it offers recommendations, profit margins, and pricing data sourced directly from the market, aiding market participants and individuals in predicting future profitability and making informed business decisions.
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Key Takeaways
- Market Size: The AI in endoscopy market is projected to witness substantial growth, with a CAGR of 30.6% from 2024 to 2033, reaching a value of USD 838.9 million by 2033, up from USD 58.1 million in 2023.
- Gastrointestinal Endoscopy: Emerged as the leading segment, capturing 32.4% revenue share, reflecting its versatile applications in diagnosing and treating gastrointestinal conditions.
- Services: Dominated among Hardware, Software, and Services, commanding 39.7% market share, driven by the growing reliance on outsourced expertise for deploying and managing AI systems.
- CADx (Computer-Aided Diagnosis): Retained dominance within CAD Analysis, holding a 43.0% market share, offering enhanced diagnostic accuracy through advanced algorithms.
- Hospitals: Remained the dominant end-user segment, with a market share of 58.2%, underscoring their pivotal role as primary healthcare providers.
- Regional Analysis: North America Led the market with a revenue share of 48.7% in 2023, attributed to its advanced healthcare infrastructure and significant investments in AI technology.
Scope of the AI In Endoscopy Market
The report provides insights into the future needs and potential opportunities of the AI In Endoscopy market, highlighting key market players and their roles. Utilizing key market dynamics and growth variables, the report calculates market value and growth rates. Drawing from current industry news, market trends, and growth projections, it also presents a detailed analysis of market and competitor scenarios, including a SWOT analysis of prominent competitors.
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Market Leading Segmentation
Type of Endoscopy
- Gastrointestinal Endoscopy
- Bronchoscopy
- Colonoscopy
- Laparoscopy
- Others
Component
- Hardware
- Software
- Services
Type of CAD
- CADx
- CADe
- Others
End-User
- Hospitals
- Ambulatory Surgical Centers
- Others
Market Top Players
- Medtronic
- Wision Al
- Olympus Corporation
- Fujifilm Corporation
- Pentax Corporation
- NEC Corporation
- Odin Vision
- Magentiq Eye Ltd.
- Wuhan EndoAngel Medical Technology
- Iterative Scopes
- Other Key Players
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Regional AnalysisAI In Endoscopy Market
The Global AI In Endoscopy Market Report Also Encompasses The Regional Analysis To Offer The Complete Regional Development Status. Additionally, The Report Also Provides Necessary Recommendations And Suggestions For The AI In Endoscopy Market Players So As To Attain A Competitive Edge In Various Regions. It Also Provides Market Size And Forecast Estimates From the Year 2024 To 2033 About Five Major Regions,
-North America [United States, Canada, Mexico]
-South America [Brazil, Argentina, Columbia, Chile, Peru]
-Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
-Middle East & Africa [GCC, North Africa, South Africa]
-Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
Objectives Of The Report
• -To carefully analyze and forecast the size of the AI In Endoscopy market by value and volume.
• -To estimate the market shares of major segments of this market.
• -To showcase the development of the AI In Endoscopy industry in different parts of the world.
• -To analyze and study micro-markets in terms of their contributions to the AI In Endoscopy market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of this market.
-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the AI In Endoscopy market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
The Report Addresses the Following Questions about AI In Endoscopy
- What is the business landscape of the AI In Endoscopy market?
- What factors influence business development during the forecast period?
- What are the major risks in the AI In Endoscopy industry?
- Which regions offer the best investment opportunities in the market?
- What are the opportunities in the Global AI In Endoscopy Market?
- What are the entry strategies into the AI In Endoscopy Industry?
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