An image processing system for processing a target pixel to be processed, which target pixel corresponds to inputted image data, a plurality of pixels including the target pixel being arranged in a matrix manner, includes an NR circuit (106). The NR circuit (106) includes a signal processing process circuit (114) for carrying out subtraction or addition, with respect to a pixel value Aij of the target pixel, of a value equivalent to a noise quantity Er calculated in advance, in a case where the pixel value Aij of the target pixel is larger or smaller, respectively, than a first couple of estimated values Bij and Cij for the pixel value Aij of the target pixel, the first couple of estimated values Bij and Cij being estimated from pixel values of respective pixels adjacent to the target pixel, centered at the target pixel, in a temporal axis or in a spatial axis. It is therefore possible to provide an image processing system which further reduces noise and is less likely to blur a video as compared with a conventional noise reduction process.