I use a Panasonic LX7 which although a couple of years old now, for a point and shoot has incredible video capabilities. Full manual control of everything while shooting video - shutter speed, aperture, ISO, frame rate, manual focus, focus lock, extreme macro, built in ND filter... primarily I use all this for shooting underwater footage from wide angle footage cave diving in Mexico or for super macro marine life. Fast and wide f/1.4 lens but optical zoom is limited to 4x. The u/w housing and lighting cost far more than the camera which you could pick up for around $350 at the end of it's life. It had and may still have a bit of a cult following for video use in a compact form as at the time the Sony RX100 was the only other p&s that offered the same control, more than some DSLR's. I watch all my HD video on a 120" screen and I'm so happy with the camera I've got 2 spares so that I can continue to use my housing if the current one dies. There are more capable cameras for video these days, 4K etc.
To answer your question though
Camcorders are still around, just much smaller and far less of a market for them with all the other non-dedicated options like phones and other cameras meeting most peoples video needs, I'd say.