Medical Camera Market - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2

Posted by priya saraf on June 11th, 2019

Medical cameras are specialized type of camera, which are used for documentation of clinical demonstration of patients, medical and surgical procedures, and medical devices. These are very high-resolution cameras for obtaining enhanced and magnified images for clear diagnosis of any kind of injury, disease, or medical anomalies.

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There are various types of cameras available for different imaging purposes such as endoscopy camera, laparoscopy camera, urology camera, gynecology camera, surgical camera and ear, nose, throat (ENT) camera. Technological advancements in medical camera facilitate more clarity in image and accurate diagnosis, which in turn increases demand for medical camera in the market.

Global Medical Camera Market: Drivers

Rising research and development for new technology in medical imaging is expected to boost medical camera market size. High-resolution images are the result of technologically sophisticated cameras. For instance, in September 2017, the scientists at the University of Edinburgh, Scotland, developed a medical camera that can see through the human body. These cameras are developed to track down the endoscopy devices for the investigation of internal conditions.

Global Medical Camera Market: Regional Analysis

North America is expected to hold the dominant position in the forecast period, owing to increasing prevalence of gastrointestinal diseases, which require endoscopies for the diagnosis of the disease in the U.S. In 2018, as per the NEJM reports, around 18 million endoscopies were performed in the U.S. including 11 million colonoscopies. Moreover, new technological advancements are also contributing to growth of medical camera market. For instance, in March 2014, U.S. Food and Drug Administration (FDA) approved PillCam COLON 2 developed by Medtronic as a minimal invasive device for colonoscopy in the U.S. 

Asia Pacific is expected to witness significant growth in medical camera market, due to the presence of major players operating in the medical camera market such as Olympus Corporation, Canon Corporation, Sony Corporation, and Hamamatsu Photonics K.K. in Japan.

Global Medical Camera Market: Competitive Landscape

Key players operating in the global medical camera market include Olympus Corporation, Stryker Corporation, Hamamatsu Photonics K.K., Sony Corporation, Carestream Health, and Canon Corporation.

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priya saraf

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priya saraf
Joined: May 23rd, 2019
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