(PharmaNewsWire.Com, April 28, 2021 ) The report "Medical Camera Market by Camera Type (Endoscopy, Surgery, Dermatology, Ophthalmology, Dental), Resolution (HD, SD), Sensor (CMOS, CCD), End-Users (Hospitals, Diagnostic Centers, Speciality Clinics & Ambulatory Surgery Centers) - Global Forecast", the global medical cameras market is expected to reach USD 3.69 Billion, at a CAGR of 8.7% during the forecast period.
The research report provides insights into the global medical camera market. It profiles key players in the market and provides a thorough product analysis. Strategies followed by key players to remain competitive in the market were analyzed to provide a better understanding of the market dynamics.
The forecasts provided in the report will enable firms to understand trends in this market and help them to capitalize on growth opportunities.
The camera type segment is categorized into endoscopy cameras, surgery microscopy cameras, dermatology cameras, ophthalmology cameras, and dental cameras. In 2016, the endoscopy cameras segment dominated the global medical cameras market; the increase in the number of endoscopy surgeries performed globally is a key market driver for this segment.
The sensor type segment is categorized into charge coupled device (CCD) and complementary metal-oxide-semiconductor (CMOS) sensors. In 2016, the CMOS segment accounted for the largest share of this market; various advantages such as low power consumption, ease of integration, rapid frame rate, and low manufacturing cost are driving high adoption of CMOS sensor-based cameras.
The resolution type segment is categorized into standard-definition (SD) and high-definition (HD) cameras. The HD cameras segment accounted for the largest share of this market due to a rising demand for high-definition visuals in surgical procedures.
Geographical View in-detailed:
The Medical Camera Market is segmented into North America, Europe, Asia, and the Rest of the World. In 2016, North America held the largest share in the medical cameras market and is expected to do so in the forecast period as well. Asia is expected to witness the highest CAGR, with its growth centered on China, Japan, and India.
Prominent players in Medical Cameras Market Olympus Corporation (Japan), Stryker Corporation (U.S.), Hamamatsu Photonics K.K. (Japan), Sony Corporation (Japan), and Carestream Health (a subsidiary of Onex Corporation (Canada).
Olympus Corporation held the leading position in the market. In October 2014, Olympus Corporation launched two magnifying videoscopes, The GIF-H290Z endoscope and the CF-HQ290ZL/I Colonovideoscope, to help diagnose and monitor stomach and colon tumors. The new endoscope is equipped with an advanced camera with a reduction of about 1mm in the outer diameter that helps minimize patient discomfort. The new colonovideoscope provides magnification of up to 80x; the expanded field view helps in the detection of lesions on the folded surfaces of the colon.
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