Medical Camera Market

Medical Camera Market Size, Industry Analysis Report,
Regional Outlook 2017 – 2024: Global Market Insights Inc.
The Medical Camera Market Growing need of capturing high resolution images
providing enhanced view of the patient’s anatomy and pathology for aid in diagnostics
and surgical procedures will drive market growth over the forecast period. Increasing
geriatric population will serve to be a high impact rendering factor. The growing elderly
population base has triggered an increase in age related disorders such as cancer,
cardiovascular disease, arthritis, atherosclerosis, diabetes and hypertension which has
in turn led to an increasing demand for minimally invasive procedures.
Minimally invasive surgeries use unique small tools enabling surgeons to perform the
procedure through smaller incisions. Cameras are placed in one of the trocars for
enhancing, enlarging and illuminating various organs and structures. The captured
images are displayed on large video monitors providing a magnified view for better
visualization and aiding in the surgical process. Technological advancements should
further fuel medical camera market growth. The industry players are engaged in
rigorous R&D for developing miniaturized cameras with higher sensitivity and
flexibility. High cost of the device is restraining industry medical camera market growth
to some extent.
Endoscopy cameras are slated to witness rapid growth over the forecast years.
Increasing demand for endoscopy is driving segment growth. Medical practitioners
regard endoscopy as the primary method of diagnosis and treatment and usually
schedule the procedure prior to an imaging scan. Advancements in endoscopy cameras
should further fuel growth. Miniature cameras which are barely a millimeter wide and
have high resolution along with being pre-sterilized and disposable are under
development.
Complementary metal oxide semiconductor (CMOS) sensors are slated to witness
robust growth over the forecast period. CMOS sensors provide extraordinarily high
frame rates coupled with superior image quality and higher sensitivity. Furthermore,
CMOS circuits are immune to medical RF equipment generated magnetic fields and do
not require shielding. The sensors can be manufactured at low costs on existing CMOS
lines. Low costs would boost adoption rates. Other benefits provided by the sensors
include performance at different light intensities and lower energy consumption.
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Browse key industry insights from the report “Medical Camera Market Size, Industry
Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain,
Russia, China, India, Japan, Australia, Brazil, Mexico, Argentina, South Africa, Saudi
Arabia, UAE, Kuwait, Qatar), Application Development Potential, Price Trends,
Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of
contents:
https://www.gminsights.com/industry-analysis/medical-camera-market
High definition cameras held significant revenue share due to their ability to capture
higher resolution pictures as compared to standard definition ones. Nowadays, HD
technology is being routinely used in surgery and medical education. High definition
cameras provide surgeons with better visibility when there is blood in the surgical filed
owing to less red color saturation. The technology also provides a wide-angle view
leading to improved depth of field which enables surgeons to quickly see surgical
instruments moving in and out of the surgical field. Ability of these cameras to provide
enhanced view of internal body structures with greater precision and potentially
produce better outcomes is driving segment growth.
Hospitals as end users accounted for the largest industry share owing to improving
healthcare infrastructure and growing number of hospitals. Increasing number of
patients opting for minimally invasive procedures in hospital settings is further
propelling segment growth.
U.S. medical camera market held significant industry share. Increasing geriatric
population coupled with escalating demand for minimally invasive procedures will
drive market growth. Rapid adoption of latest technology, presence of advanced
healthcare infrastructure and increasing per capita expenditure on healthcare will
further augment industry expansion. Brazil presents a lucrative future opportunity
owing to the presence of large patient pool and ongoing development of healthcare
infrastructure.
Prominent industry players in medical camera market include Sony, Olympus, Stryker,
Carestream Health and Smith and Nephew. The industry players resort to strategic
initiatives such as joint venture and new product launch for enhancing their market
presence. For instance, in April 2013, Sony and Olympus established Sony Olympus
Medical Solution Inc as a joint medical business venture. The venture aims to align
Sony’s electronic technologies in digital imaging with Olympus’s R&D and
manufacturing expertise in the field of medical products including optical technologies
and lenses.
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