The global medical cameras market is anticipated to grow at a CAGR of around 7.2% during the forecast period (2021-2027). The factors that are augmenting the growth of the global medical cameras market include the rising number of surgical procedures globally, growing demand for advanced visual solutions to get visual representation during surgeries, technology developments, and increasing endoscopy procedures. For instance, according to the International Society of Aesthetic Plastic Surgery, in 2019, there was a total of 11,363,569 plastic surgical procedures were performed globally, of which 1,493,673 procedures were performed in Brazil. Medical cameras during surgical procedures are used to visualize the internal organs of the human body, and the techniques captured by these cameras are further be used for training and analysis purposes. Moreover, the shift towards minimal-invasive surgery procedures along with the advancements in technology for surgeries accelerated the demand for advanced visualization solutions such as medical cameras.
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Moreover, the lack of trained professionals and the high cost of the medical cameras are the factors that may restrain the growth of the market during the forecast period. Further, the emerging countries along with healthcare infrastructure developments can offer lucrative opportunities to the market during the forecast period. Besides, the government support in form of funding for healthcare sector development can also provide lucrative opportunities in the market. For an instance, in September 2020, the UK government has announced to provide funding of $44.02 million to six projects to develop revolutionary technological approaches to transform care in the NHS by 2050. Under this funding, $7.43 million was provided to the InlightenUs project, which was led by the University of Edinburgh, to use a combination of artificial intelligence (AI) and infra-red lasers to produce fast, high resolution 3D medical images, helping to identify diseases in patients more quickly.
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The global medical cameras market is segmented based on type, sensor, and resolution. Based on type, the market is segregated into endoscopy cameras, dermatology cameras, ophthalmology cameras, dental cameras, surgical microscopy cameras, and others. Among these, the endoscopy cameras segment dominated the market in 2020, and it is expected that it will further maintain its dominance during the forecast period. The segment growth is mainly attributed to the increasing number of endoscopy procedures globally. Based on the sensor, the market is bifurcated into CMOS sensors and CCD sensors. The CMOS sensor is accounted for the highest growth rate owing to the advantages associated with the CMOS compared to CCD cameras. Similarly, based on resolution, the market is divided into standard definition (SD) cameras and high-definition (HD) cameras. Based on the resolution, HD cameras holds the leading position in the market due to their high demand in the medical industry for capturing high-quality images.
Global Medical Cameras Market – Segmentation
by Type
Endoscopy Cameras
Dermatology Cameras
Ophthalmology Cameras
Dental Cameras
Surgical Microscopy Cameras
Other Medical Cameras
by Sensor
CMOS Sensors
CCD Sensors
by Resolution
Standard Definition (SD) Cameras
High-definition (HD) Cameras
Global Medical Cameras Market – Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
ATMOS MedizinTechnik GmbH & Co. KG
Basler AG
Canon Inc.
Carestream Dental LLC.
Carl Zeiss AG
CYMO B.V.
Dage-MTI
Diaspective Vision GmbH
ESC Medicams
Equitech Engineers Private Ltd.
IDS Imaging Development Systems GmbH
IMPERX, Inc
Medicam
Olympus Corp.
Optomed Plc
Richard Wolf GmbH
SCHÖLLY FIBEROPTIC GMBH
Smith & Nephew plc
Sony Corp.
Stryker Corp.
Topcon Corp.
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