Fluorescence and White Light Endoscopy System Market Size is valued at USD 3.17 Bn in 2023 and is predicted to reach USD 14.9 Bn by the year 2031 at a 21.6% CAGR during the forecast period for 2024-2031.
Fluorescence and white light endoscopy systems combine two powerful imaging techniques, white light and fluorescence, for examining internal organs. This combined approach offers health professionals a more comprehensive examination, enabling earlier and more accurate diagnoses, particularly for cancers and precancerous lesions. With its improved visualization capabilities, fluorescence and white light endoscopy is becoming a valuable tool for various endoscopic procedures. Fluorescence and white light endoscopy is expected to play a crucial role in the fight against cancer with technological advances and the development of specific dyes.
Rising requirements for endoscopy to diagnose and treat target diseases, growing focus of hospitals to expand endoscopic units, rising incidence of target disease, and increasing preference for minimally invasive surgeries drive the market for fluorescence and white light endoscopy systems.
However, the high costs of the systems and endoscopy procedures with limited reimbursement in emerging economies, the risk of getting viral infections during endoscopic procedures and the shortage of trained physicians and endoscopists hamper the market growth.
The fluorescence and white light endoscopy system market is segmented based on type and application. Based on type, the market is segmented into manual focus and electric focus. By application, the market is segmented into hospitals, ambulatory surgery centres, and biological laboratories.
The electric focus fluorescence and white light endoscopy system market is expected to hold a major global market share in 2024. Electric fluorescence endoscopy devices utilize innovative technology to improve the vision of tissues and cells. Standard features include automated zoom, focus, and filter selection, all of which can be easily altered by pressing a button. Accuracy, efficiency, and adaptability in diagnosis and treatment are the goals of these systems' development for medical professionals.
The hospital segment makes up the bulk of the fluorescence and white light endoscopy system market as hospitals offer various endoscopic services and have good reimbursement rules, so patients often choose them. The fact that hospitals in industrialized nations have access to cutting-edge endoscopic technology is another reason for their market domination, especially in countries like the US, Germany, the U.K., China, and India.
The North American fluorescence and white light endoscopy system market is expected to register the highest revenue share in the near future. This is due to the region's quick adoption of advanced technologies, the high incidence of chronic target conditions, ongoing advancements in endoscopic technologies, and the rising trend towards preference for minimally invasive surgeries.
In addition, Asia Pacific is projected to grow rapidly in the global fluorescence and white light endoscopy system market due to developments in medical imaging technology, developing healthcare infrastructure, and a growing ageing population.
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Report Attribute |
Specifications |
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Market Size Value In 2023 |
USD 3.17 Bn |
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Revenue Forecast In 2031 |
USD 14.92 Bn |
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Growth Rate CAGR |
CAGR of 21.6% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
Type and Application |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
Stryker (U.S.), KARL STORZ (Germany), Richard-wolf (Germany), Olympus (Japan), and Mindray (China) |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Fluorescence and White Light Endoscopy System Market Snapshot
Chapter 4. Global Fluorescence and White Light Endoscopy System Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Type Estimates & Trend Analysis
5.1. by Type & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Type:
5.2.1. Manual Focus
5.2.2. Electric Focus
Chapter 6. Market Segmentation 2: by Application Estimates & Trend Analysis
6.1. by Application & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Application:
6.2.1. Hospital
6.2.2. Ambulatory Surgery Center
6.2.3. Biological Laboratory
Chapter 7. Fluorescence and White Light Endoscopy System Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Fluorescence and White Light Endoscopy System Market Revenue (US$ Million) Estimates and Forecasts by Type, 2019-2031
7.1.2. North America Fluorescence and White Light Endoscopy System Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
7.1.3. North America Fluorescence and White Light Endoscopy System Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
7.2. Europe
7.2.1. Europe Fluorescence and White Light Endoscopy System Market Revenue (US$ Million) Estimates and Forecasts by Type, 2019-2031
7.2.2. Europe Fluorescence and White Light Endoscopy System Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
7.2.3. Europe Fluorescence and White Light Endoscopy System Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
7.3. Asia Pacific
7.3.1. Asia Pacific Fluorescence and White Light Endoscopy System Market Revenue (US$ Million) Estimates and Forecasts by Type, 2019-2031
7.3.2. Asia-Pacific Fluorescence and White Light Endoscopy System Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
7.3.3. Asia Pacific Fluorescence and White Light Endoscopy System Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
7.4. Latin America
7.4.1. Latin America Fluorescence and White Light Endoscopy System Market Revenue (US$ Million) Estimates and Forecasts by Type, 2019-2031
7.4.2. Latin America Fluorescence and White Light Endoscopy System Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
7.4.3. Latin America Fluorescence and White Light Endoscopy System Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
7.5. Middle East & Africa
7.5.1. Middle East & Africa Fluorescence and White Light Endoscopy System Market Revenue (US$ Million) Estimates and Forecasts by Type, 2019-2031
7.5.2. Middle East & Africa Fluorescence and White Light Endoscopy System Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
7.5.3. Middle East & Africa Fluorescence and White Light Endoscopy System Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. Stryker (U.S.)
8.2.2. KARL STORZ (Germany)
8.2.3. Richard-wolf (Germany)
8.2.4. Olympus (Japan)
8.2.5. Mindray (China)
8.2.6. Optomedic
8.2.7. Nuoyuan Medical
8.2.8. DPM
8.2.9. Healnoc
8.2.10. Tuge Medical
8.2.11. Caring Medical
8.2.12. SonoScape
8.2.13. Other Prominent Players
By Type-
By Application-
By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
