The Medical Camera Market Research report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the medical camera market along with the estimates and forecasts of the revenue and market share analysis.
The rapid pace of technological advancements and the increasing number of surgical procedures requiring medical cameras are major drivers of this market.
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Medical Camera Market
The Global Medical Camera Market is expected to reach USD 3.69 Billion by 2021 from USD 2.43 Billion in 2016, at a CAGR of 8.7%
Target Audience for this Report:
- Medical Camera Manufacturers
- Medical Camera Distributors
- Healthcare Institutions (Hospitals, Medical Schools, Group Practices, Individual Surgeons, and Governing Bodies)
The Global Medical Camera Market is segmented based on camera type, sensor, resolution, end user, and region.
Medical Camera Market by Type:
Based on the type, the market is segmented into endoscopy cameras, surgery microscopy cameras, dermatology cameras, ophthalmology cameras, and dental cameras. In 2016, the endoscopy cameras segment dominated the global medical camera market; the increase in the number of endoscopy surgeries performed globally is a key market driver for this segment.
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Medical Camera Market by End User:
By end user, the medical camera market is segmented into hospitals, diagnostic centers, and specialty clinics & ambulatory surgery centers. The hospital’s segment is expected to dominate the global medical cameras market due to growing government and private investments to upgrade healthcare infrastructure and the increasing number of hospitals, especially in Asia.
The prominent players in the Medical Camera Market:
Leica Microsystems (a division of Danaher Corporation, U.S.), Olympus Corporation (Japan), Stryker Corporation (U.S.), Hamamatsu Photonics K.K. (Japan), Sony Corporation (Japan), and Carestream Health (a subsidiary of Onex Corporation, Canada). Product launches were the key growth strategy followed by most major players in the medical cameras market.
Sony Corporation held the second position in the medical cameras market in 2015. In June 2014, the company launched a curved image sensor, which mimics the retina of the human eye. The launch of such innovative products helps the company enhance its market position and expand its product portfolio.
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