Advanced technologies, such as AI, have made endoscopy more consistent and safer, while minimizing workload of surgeons. The tasks being augmented with AI/ML algorithms primarily include auto-calculating the convenient physical routes for instruments; labeling; classifying airway diseases; clearing surgical smoke; and identifying lesions, airway sizes, and diseased tissue. AI plays a vital role in compensating for human errors and limited capabilities by offering higher speed and more consistency & accuracy, and making endoscopic procedures efficient.
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Increase in Patients with Colorectal Cancer to Propel Global Market
The number of patients with colorectal (colon) cancer is rising across the globe every year. According to data published by the World Health Organization (WHO), the number of newly diagnosed patients with colorectal cancer surged from around 1.02 million in 2002 to nearly 1.9 million new colorectal cancers (including anus) in 2020. Furthermore, approximately 935,000 colorectal cancer deaths were reported in 2020, representing 1 in 10 cancer cases and deaths. This makes prevention and treatment an urgent health challenge.