An endoscope apparatus includes a white LED that emits synthesized light of the excitation light and the fluorescence, a CCD that picks up an image of an observation part, a brightness detecting section that detects brightness of an optical image of the observation part based on an image pickup signal outputted by the CCD, a light adjusting circuit that adjusts driving time of the semiconductor light source, a color correction parameter deriving section that derives a first color correction parameter for correcting a gain of a color component signal related to the excitation light in a video signal, and a second color correction parameter for correcting a gain of a color component signal related to the fluorescence, and a color tone varying section that corrects the excitation-light-related gain with the first color correction parameter, and corrects fluorescence-related gain with the second color correction parameter.
