Visible Light Range Scientific Camera Market Growing at a CAGR of 7.9% from 2023 to 2028

Posted by Tom C on January 2nd, 2024

The visible light range scientific camera market is projected to reach USD 0.6 billion by 2028 from USD 0.4 billion in 2023; it is expected to grow at a CAGR of 7.9% from 2023 to 2028 according to a new report by MarketsandMarkets™. The report covers the demand and supply sides of the visible light range scientific camera market. The supply-side market segmentation includes type, camera resolution, and camera price. The demand-side market segmentation includes region.

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A scientific camera is essential for any imaging system. These cameras are designed to quantitatively measure how many photons hit the camera sensor and in which location. These photons generate photoelectrons, which are stored in wells within the sensor pixels before being converted into a digital signal. Visible cameras utilize wavelengths of light from 400~700 nm, which is the same spectrum that the human eye perceives. With the increasing number of surgical procedures utilizing medical cameras, technologically advanced cameras have become a necessity. CMOS-based sensors and 3D and 4K technologies are some of the latest developments in the medical camera market. Cameras integrated with CMOS-based sensors are preferred over CCD-based cameras due to the benefits of the former, such as faster frame rate, on-chip system integration, and low-cost manufacturing. Due to these advantages, many manufacturers are now switching from CCD (charge-coupled device) sensors to CMOS (complementary metal oxide semiconductor).

The North America visible light range scientific camera market holds the highest market share in 2022

North America, comprising the US, Canada, and Mexico commanded the largest share of 29% of the global visible light range scientific camera market in 2022. The large share of this region is mainly due to the developed medical and research system in the US and Canada, the presence of a large number of leading manufacturers in this region, the availability of technologically advanced products, and the increasing number of surgical procedures and other medical requirements such as microscopy and X-ray. The prevalence of chronic diseases has significantly increased in this region.

Key Players of Visible Light Range Scientific Camera Market:

Hamamatsu Photonics (Japan), Teledyne Technologies (US), Thorlabs, Inc. (US), XIMEA GmbH (Germany), Photonic Science (UK), Excelitas PCO GmbH (PCO-TECH Inc.) (Germany), Oxford Instruments (Andor Technology) (UK), Atik Cameras (UK), Diffraction Limited (Canada), and Spectral Instruments, Inc. (US).