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U.S., Europe, and Japan AI in Endoscopy Market

U.S., Europe, and Japan AI in Endoscopy Market (Type: Product and Service; and CAD: CADe, CADx, and CADe/CADx) - Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

U.S., Europe, and Japan AI in Endoscopy Market Outlook 2031

  • The industry in U.S., Europe, and Japan was valued at US$ 46.4 Mn in 2022
  • It is projected to advance at a CAGR of 26.4% from 2023 to 2031 and reach more than US$ 367.5 Mn by 2031

Analyst Viewpoint

AI technologies are making their way into endoscopic procedures, enhancing diagnosis and patient care. The U.S., Europe, and Japan are leading this innovative change. AI empowers endoscopy with advanced imaging analysis and real-time insights, improving clinical outcomes.

Europe embraces AI-driven endoscopy solutions, fueled by rise in healthcare investments, increase in gastrointestinal diseases, and supportive regulations. Countries aim to integrate AI to boost diagnostic accuracy and optimize treatments.

This shift reflects Europe's commitment to advancing healthcare through technology and driving market development.

Continued collaborative efforts between healthcare providers and technology companies, and robust research and development, are expected to drive significant U.S., Europe, and Japan AI in endoscopy market growth in the next few years. This synergy promises to transform endoscopic practices and patient care.

Market Introduction

Artificial intelligence (AI) is an important topic in clinical medicine, mainly in gastrointestinal (GI) endoscopy. AI has advanced the quality of gastrointestinal endoscopy at all levels. AI in endoscopy is anticipated to recompense for human errors and limitations by refining accuracy, consistency, and speed, resulting in more efficient and high-quality endoscopic procedures.

AI reveals excellent results in diagnostic and therapeutic endoscopy across the entire GI tract. The use of AI technology in gastrointestinal (GI) endoscopy is likely to reduce inter-operator variability, improve diagnostic accuracy, and help in making quick but accurate therapeutic decisions on the spot.

Attribute Detail
Driver
  • Increase in Prevalence of Colorectal Cancer

Increase in Prevalence of Colorectal Cancer Fueling U.S., Europe, and Japan AI in Endoscopy Market Size

The applications of AI has been gaining popularity in endoscopy in recent years due to its capacity to improve the procedure accuracy and efficiency. Colorectal cancer, which affects the rectum and colon, is the most common cause of cancer-related mortality globally.

Its incidence has risen over time, driving the need for effective screening and diagnostic techniques for early detection. Endoscopy, which involves inserting a small camera into the colon or rectum, is one of the most effective ways to detect colorectal cancer.

Artificial intelligence methods can analyze images and videos of the colon or rectum in real time, detecting and highlighting any abnormalities that the human eye may miss.

Colorectal cancer is the third most commonly diagnosed cancer in the world, accounting for 10% of all cancer cases. It is also the second leading cause of cancer deaths, accounting for approximately 9.4% of all cancer-related deaths in 2020.

The adenoma detection rate (ADR), or the rate at which a doctor detects precancerous polyps during a standard screening colonoscopy for patients over 50 years old, is inversely related to the risk of developing CRC after colonoscopy.

On average, a 1% increase in ADR reduces the risk of CRC by 3%. As a result, assisting doctors during endoscopy procedures to improve the detection rate of adenomas and polyps, thus ultimately lowering CRC rates, is boosting the U.S., Europe, and Japan AI in endoscopy industry growth.

U.S. AI in Endoscopy Market Analysis and Forecast

In the U.S., over 20 million gastrointestinal endoscopies are carried out annually, according to the National Institutes of Health. Furthermore, organizations such as the FDA are increasingly supporting the use of AI in healthcare, including endoscopy.

Simplifying regulatory processes can spur innovation and investment in AI-based endoscopy solutions, potentially driving the growth of this market in the U.S. during the projected period.

The CADe segment is projected to gain significant market share during the forecast period. The U.S. is an early adopter of new technologies, and the same applies to AI-assisted diagnosis and treatment, including CADe, which is the most used software in endoscopy.

Europe AI in Endoscopy Market Analysis and Forecast

AI technology is quickly gaining ground in Europe as businesses become more aware of its advantages and numerous industry players drive innovation. For example, Fujifilm's CAD EYE feature, which uses AI to detect and analyze colon polyps in real time, has been available for commercial use in Europe since 2020.

A surge in development of AI-powered products and software, many of which are used in endoscopic procedures, is fueling market progress in Europe. AI algorithms have been integrated into endoscopic devices, which has enhanced their performance and precision, allowing doctors to make better judgments during procedures.

Japan AI in Endoscopy Market Analysis and Forecast

Japan has one of the highest aging populations globally, resulting in a rise in prevalence of gastrointestinal diseases such as colorectal cancer. Primary detection of gastrointestinal diseases is crucial for active treatment and improving patient outcomes.

In Japan, clinical studies in surgery are being directed using large-scale data sets. Currently, insurance covers 14.3 million cases of gastrointestinal endoscopy each year. Moreover, the number of gastrointestinal malignancies treated with gastrointestinal endoscopy is growing.

Japan's strong technological expertise and the demanding healthcare needs driven by its aging population, has led to major advancements in AI applications in endoscopy, offering lucrative opportunities for market expansion.

Companies such as Fujifilm and Olympus are dynamically contributing to this field; trends such as multi-modal imaging and personalized medicine are modelling the future of AI in endoscopy in Japan.

Analysis of Key Players

Leading players in the market are focusing on strategies such as new product launches, mergers, partnerships, and collaborations to strengthen their position. They are following the latest U.S., Europe, and Japan AI in endoscopy market trends to avail lucrative revenue opportunities.

Medtronic plc, Wision A.I., Olympus Corporation. Ltd, Fujifilm Corporation. Pentax Corporation, NEC Corporation, Magentiq Eye Inc., ENDOANGEL Medical Technology Co., Ltd., Waycen Inc., and Iterative Scopes are the prominent U.S., Europe, and Japan AI in endoscopy market manufacturers.

Key Developments in U.S., Europe, and Japan AI in Endoscopy Industry

  • In May 2022, Wision A.I. signed a partnership agreement with Micro-Tech Endoscopy USA, the U.S. subsidiary of the global medical device company Micro-Tech (Nanjing) Co. Ltd, which develops and supplies diagnostic and therapeutic devices in the gastroenterology space. Micro-Tech will be the U.S. GI endoscopy distributor of EndoScreener, an AI-assisted polyp detection software used during colonoscopy procedures.
  • In April 2021, the GI Genius intelligent endoscopy module, developed by Medtronic in collaboration with Cosmo Pharmaceuticals, received de novo clearance from the U.S. Food and Drug Administration (FDA). The GI Genius module is the first and only commercially available artificial intelligence (AI)-based computer-aided detection (CADe) method for detecting colorectal polyps.

Prominent players have been profiled in the U.S., Europe, and Japan AI in endoscopy market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and latest developments.

U.S., Europe, and Japan AI in Endoscopy Market Snapshot

Attribute Detail
Size in 2022 US$ 46.4 Mn
Forecast (Value) in 2031 More than US$ 367.5 Mn
Growth Rate (CAGR) 26.4%
Forecast Period 2023-2031
Historical Data Available for 2017-2021
Quantitative Units US$ Mn for Value
Market Analysis It includes segment analysis as well as regional level analysis. Moreover, qualitative analysis includes drivers, restraints, opportunities, key trends, and parent industry overview.
Competition Landscape Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials
Format Electronic (PDF) + Excel
Market Segmentation
  • Type
    • Product
    • Service
  • CAD
    • CADe
    • CADx
    • CADe/CADx
  • Application
    • Polyps Detection
    • Bleeding Detection
    • Early Cancer Identification
    • Cancer Staging
    • Polyp Sizing
    • Others (Polyps Characterization, Quality Indicators, etc.)
  • End-user
    • Hospitals
    • Ambulatory Surgical Centers
    • Specialty Clinics
Countries Covered
  • U.S.
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Japan
Companies Profiled
  • Medtronic plc
  • Wision A.I.
  • Olympus Corporation Ltd
  • Fujifilm Corporation
  • Pentax Corporation
  • NEC Corporation
  • Magentiq Eye Inc.
  • Iterative Scopes
  • ENDOANGEL Medical Technology Co., Ltd.
  • Waycen Inc.
  • Others Players
Customization Scope Available upon request
Pricing Available upon request

Frequently Asked Questions

How big was the U.S., Europe, and Japan AI in endoscopy market in 2022?

It was valued at US$ 46.4 Mn in 2022

How big will the U.S., Europe, and Japan AI in endoscopy industry be by 2031?

It is projected to reach more than US$ 367.5 Mn by the end of 2031

What will be the CAGR of the U.S., Europe, and Japan AI in endoscopy business during the forecast period?

The CAGR is anticipated to be 26.4% from 2023 to 2031

What are the prominent factors fueling demand for AI in endoscopy in the U.S., Europe, and Japan?

The benefits of these innovative technologies are increasingly being recognizing by healthcare providers and patients alike

Which was the largest U.S., Europe, and Japan AI in endoscopy segment in 2022?

CADe segment accounted for major share in 2022 based on CAD

Which region is likely to record significant share of the U.S., Europe and Japan AI in endoscopy landscape during the forecast period?

Europe is expected to account for major share during the forecast period

Who are the prominent U.S., Europe, and Japan AI in endoscopy manufacturers?

Medtronic plc, Wision A.I., Olympus Corporation Ltd, Fujifilm Corporation, Pentax Corporation, NEC Corporation, Magentiq Eye Inc., ENDOANGEL Medical Technology Co., Ltd., Waycen Inc., and Iterative Scopes

    1. Preface

        1.1. Market Definition and Scope

        1.2. Market Segmentation

        1.3. Key Research Objectives

        1.4. Research Highlights

    2. Assumptions and Research Methodology

    3. Executive Summary: U.S., Europe, and Japan AI in Endoscopy Market

    4. Market Overview

        4.1. Introduction

            4.1.1. Segment Definition

        4.2. Overview

        4.3. Market Dynamics

            4.3.1. Drivers

            4.3.2. Restraints

            4.3.3. Opportunities

        4.4. U.S., Europe, and Japan AI in Endoscopy Market Analysis and Forecast, 2017-2031

    5. Key Insights

        5.1. Technological Advancements

        5.2. Key Product/Brand Analysis

        5.3. Key Industry Events (Mergers & Acquisitions, Partnerships, and Product Launches)

        5.4. Total number of AI Endoscopy Devices Sold by Country

        5.5. COVID-19 Impact Analysis

        5.6. Impact of AI in Endoscopy on Different Type of Cancer Detection (Colon, Barrett’s Esophagus, Gastric)

    6. U.S. AI in Endoscopy Market Analysis and Forecast

        6.1. Introduction

            6.1.1. Key Findings

        6.2. Market Value Forecast, by Type, 2017-2031

            6.2.1. Product

            6.2.2. Service

        6.3. Market Value Forecast, by CAD, 2017-2031

            6.3.1. CADe

            6.3.2. CADx

            6.3.3. CADe/CADx

        6.4. Market Value Forecast, by Application, 2017-2031

            6.4.1. Polyps Detection

            6.4.2. Bleeding Detection

            6.4.3. Early Cancer Identification

            6.4.4. Cancer Staging

            6.4.5. Polyp Sizing

            6.4.6. Others (Polyps Characterization, Quality Indicators, etc.)

        6.5. Market Value Forecast, by End-user, 2017-2031

            6.5.1. Hospitals

            6.5.2. Ambulatory Surgical Centers

            6.5.3. Specialty Clinics

        6.6. Market Attractiveness Analysis

            6.6.1. By Type

            6.6.2. By CAD

            6.6.3. By Application

            6.6.4. By End-user

    7. Europe AI in Endoscopy Market Analysis and Forecast

        7.1. Introduction

            7.1.1. Key Findings

        7.2. Market Value Forecast, by Type, 2017-2031

            7.2.1. Product

            7.2.2. Service

        7.3. Market Value Forecast, by CAD, 2017-2031

            7.3.1. CADe

            7.3.2. CADx

            7.3.3. CADe/CADx

        7.4. Market Value Forecast, by Application, 2017-2031

            7.4.1. Polyps Detection

            7.4.2. Bleeding Detection

            7.4.3. Early Cancer Identification

            7.4.4. Cancer Staging

            7.4.5. Polyp Sizing

            7.4.6. Others (Polyps Characterization, Quality Indicators, etc.)

        7.5. Market Value Forecast, by End-user, 2017-2031

            7.5.1. Hospitals

            7.5.2. Ambulatory Surgical Centers

            7.5.3. Specialty Clinics

        7.6. Market Value Forecast, by Country/Sub-region, 2017-2031

            7.6.1. Germany

            7.6.2. U.K.

            7.6.3. France

            7.6.4. Italy

            7.6.5. Spain

            7.6.6. Rest of Europe

        7.7. Market Attractiveness Analysis

            7.7.1. By Type

            7.7.2. By CAD

            7.7.3. By Application

            7.7.4. By End-user

            7.7.5. By Country/Sub-region

    8. Japan AI in Endoscopy Market Analysis and Forecast

        8.1. Introduction

            8.1.1. Key Findings

        8.2. Market Value Forecast, by Type, 2017-2031

            8.2.1. Product

            8.2.2. Service

        8.3. Market Value Forecast, by CAD, 2017-2031

            8.3.1. CADe

            8.3.2. CADx

            8.3.3. CADe/CADx

        8.4. Market Value Forecast, by Application, 2017-2031

            8.4.1. Polyps Detection

            8.4.2. Bleeding Detection

            8.4.3. Early Cancer Identification

            8.4.4. Cancer Staging

            8.4.5. Polyp Sizing

            8.4.6. Others (Polyps Characterization, Quality Indicators, etc.)

        8.5. Market Value Forecast, by End-user, 2017-2031

            8.5.1. Hospitals

            8.5.2. Ambulatory Surgical Centers

            8.5.3. Specialty Clinics

        8.6. Market Attractiveness Analysis

            8.6.1. By Type

            8.6.2. By CAD

            8.6.3. By Application

            8.6.4. By End-user

    9. Competition Landscape

        9.1. U.S. Europe, and Japan AI in Endoscopy Market, Company Share Analysis (2022)

        9.2. Company Profiles

            9.2.1. Medtronic plc

                9.2.1.1. Company Overview (HQ, Business Segments, Employee Strength)

                9.2.1.2. Product Portfolio

                9.2.1.3. Financial Overview

                9.2.1.4. SWOT Analysis

                9.2.1.5. Strategic Overview

            9.2.2. Wision A.I.

                9.2.2.1. Company Overview (HQ, Business Segments, Employee Strength)

                9.2.2.2. Product Portfolio

                9.2.2.3. Financial Overview

                9.2.2.4. SWOT Analysis

                9.2.2.5. Strategic Overview

            9.2.3. Olympus Corporation

                9.2.3.1. Company Overview (HQ, Business Segments, Employee Strength)

                9.2.3.2. Product Portfolio

                9.2.3.3. Financial Overview

                9.2.3.4. SWOT Analysis

                9.2.3.5. Strategic Overview

            9.2.4. ENDOANGEL Medical Technology Co., Ltd.

                9.2.4.1. Company Overview (HQ, Business Segments, Employee Strength)

                9.2.4.2. Product Portfolio

                9.2.4.3. Financial Overview

                9.2.4.4. SWOT Analysis

                9.2.4.5. Strategic Overview

            9.2.5. Fujifilm Corporation

                9.2.5.1. Company Overview (HQ, Business Segments, Employee Strength)

                9.2.5.2. Product Portfolio

                9.2.5.3. Financial Overview

                9.2.5.4. SWOT Analysis

                9.2.5.5. Strategic Overview

            9.2.6. Pentax Corporation

                9.2.6.1. Company Overview (HQ, Business Segments, Employee Strength)

                9.2.6.2. Product Portfolio

                9.2.6.3. Financial Overview

                9.2.6.4. SWOT Analysis

                9.2.6.5. Strategic Overview

            9.2.7. NEC Corporation

                9.2.7.1. Company Overview (HQ, Business Segments, Employee Strength)

                9.2.7.2. Product Portfolio

                9.2.7.3. Financial Overview

                9.2.7.4. SWOT Analysis

                9.2.7.5. Strategic Overview

            9.2.8. Magentiq Eye

                9.2.8.1. Company Overview (HQ, Business Segments, Employee Strength)

                9.2.8.2. Product Portfolio

                9.2.8.3. Financial Overview

                9.2.8.4. SWOT Analysis

                9.2.8.5. Strategic Overview

            9.2.9. Waycen Inc.

                9.2.9.1. Company Overview (HQ, Business Segments, Employee Strength)

                9.2.9.2. Product Portfolio

                9.2.9.3. Financial Overview

                9.2.9.4. SWOT Analysis

                9.2.9.5. Strategic Overview

            9.2.10. Iterative Scopes

                9.2.10.1. Company Overview (HQ, Business Segments, Employee Strength)

                9.2.10.2. Product Portfolio

                9.2.10.3. Financial Overview

                9.2.10.4. SWOT Analysis

                9.2.10.5. Strategic Overview

    List of Tables

    Table 01: U.S. AI in Endoscopy Market Value (US$ Mn) Forecast, by Type, 2019-2031

    Table 02: U.S. AI in Endoscopy Market Value (US$ Mn) Forecast, by CAD, 2019-2031

    Table 03: U.S. AI in Endoscopy Market Value (US$ Mn) Forecast, by Application, 2019-2031

    Table 04: U.S. AI in Endoscopy Market Value (US$ Mn) Forecast, by End-user, 2019-2031

    Table 05: Europe AI in Endoscopy Market Value (US$ Mn) Forecast, by Country/Sub-region, 2019-2031

    Table 06: Europe AI in Endoscopy Market Value (US$ Mn) Forecast, by Type, 2019-2031

    Table 07: Europe AI in Endoscopy Market Value (US$ Mn) Forecast, by CAD, 2019-2031

    Table 08: Europe AI in Endoscopy Market Value (US$ Mn) Forecast, by Application, 2019-2031

    Table 09: Europe AI in Endoscopy Market Value (US$ Mn) Forecast, by End-user, 2019-2031

    Table 10: Japan AI in Endoscopy Market Value (US$ Mn) Forecast, by Type, 2019-2031

    Table 11: Japan AI in Endoscopy Market Value (US$ Mn) Forecast, by CAD, 2019-2031

    Table 12: Japan AI in Endoscopy Market Value (US$ Mn) Forecast, by Application, 2019-2031

    Table 13: Japan AI In Endoscopy Market Value (US$ Mn) Forecast, by End-user, 2019-2031

    List of Figures

    Figure 01: U.S., Europe, and Japan AI in Endoscopy Market Value (US$ Mn) Forecast, 2019-2031

    Figure 02: U.S., Europe, and Japan AI in Endoscopy Market Value Share, by Type, 2022

    Figure 03: U.S., Europe, and Japan AI in Endoscopy Market Value Share, by CAD, 2022

    Figure 04: U.S., Europe, and Japan AI in Endoscopy Market Value Share, by Application, 2022

    Figure 05: U.S., Europe, and Japan AI in Endoscopy Market Value Share, by End-user, 2022

    Figure 06: U.S. AI in Endoscopy Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2019-2031

    Figure 07: U.S. AI in Endoscopy Market Value (US$ Mn) Share Analysis, by Type, 2022 and 2031

    Figure 08: U.S. AI in Endoscopy Market Attractiveness Analysis, by Type, 2023-2031

    Figure 09: U.S. AI in Endoscopy Market Value (US$ Mn) Share Analysis, by CAD, 2022 and 2031

    Figure 10: U.S. AI in Endoscopy Market Attractiveness Analysis, by CAD, 2023-2031

    Figure 11: U.S. AI in Endoscopy Market Value (US$ Mn) Share Analysis, by Application, 2022 and 2031

    Figure 12: U.S. AI in Endoscopy Market Attractiveness Analysis, by Application, 2023-2031

    Figure 13: U.S. AI in Endoscopy Market Value (US$ Mn) Share Analysis, by End-user, 2022 and 2031

    Figure 14: U.S. AI in Endoscopy Market Attractiveness Analysis, by End-user, 2023-2031

    Figure 15: Europe AI in Endoscopy Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2019-2031

    Figure 16: Europe AI in Endoscopy Market Value Share Analysis, by Country/Sub-region, 2022 and 2031

    Figure 17: Europe AI in Endoscopy Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2019-2031

    Figure 18: Europe AI in Endoscopy Market Value (US$ Mn) Share Analysis, by Type, 2022 and 2031

    Figure 19: Europe AI in Endoscopy Market Attractiveness Analysis, by Type, 2023-2031

    Figure 20: North America AI in Endoscopy Market Value (US$ Mn) Share Analysis, by CAD, 2022 and 2031

    Figure 21: North America AI in Endoscopy Market Attractiveness Analysis, by CAD, 2023-2031

    Figure 22: Europe AI in Endoscopy Market Value (US$ Mn) Share Analysis, by Application, 2022 and 2031

    Figure 23: Europe AI in Endoscopy Market Attractiveness Analysis, by Application, 2023-2031

    Figure 24: Europe AI in Endoscopy Market Value (US$ Mn) Share Analysis, by End-user, 2022 and 2031

    Figure 25: Europe AI in Endoscopy Market Attractiveness Analysis, by End-user, 2023-2031

    Figure 26: Japan AI in Endoscopy Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2019-2031

    Figure 27: Japan AI in Endoscopy Market Value (US$ Mn) Share Analysis, by Type, 2022 and 2031

    Figure 28: Japan AI in Endoscopy Market Attractiveness Analysis, by Type, 2023-2031

    Figure 29: Japan AI in Endoscopy Market Value (US$ Mn) Share Analysis, by CAD, 2022 and 2031

    Figure 30: Japan AI in Endoscopy Market Attractiveness Analysis, by CAD, 2023-2031

    Figure 31: Japan AI in Endoscopy Market Value (US$ Mn) Share Analysis, by Application, 2022 and 2031

    Figure 32: Japan AI in Endoscopy Market Attractiveness Analysis, by Application, 2023-2031

    Figure 33: Japan AI in Endoscopy Market Value (US$ Mn) Share Analysis, by End-user, 2022 and 2031

    Figure 34: Japan AI in Endoscopy Market Attractiveness Analysis, by End-user, 2023-2031

    Figure 35: AI in Endoscopy Market: Company Share Analysis, 2022

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U.S., Europe, and Japan AI in Endoscopy Market

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