Rising Opportunities in the Emerging Industry to Boost the Growth of the Medical Camera Market

Rising Opportunities in the Emerging Industry  to Boost the Growth of the Medical Camera Market

According to Latest Market research report Published by MarketsandMarkets the “Medical Camera Market Size, Share, Demand and Growth Analysis, forecast the Global Market is expected to reach the US $ 3.69 Billion, nearly at a CAGR of 8.7%

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Expansions and new product launches were the primary growth strategies adopted by major players to expand their product portfolio in the Global Medical Camera Market.

key players operating in the Global Medical Camera Market;

The major players in the medical camera market include Olympus Corporation (Japan), Stryker Corporation (U.S.), Hamamatsu Photonics K.K. (Japan), Sony Corporation (Japan), and Carestream Health (a subsidiary of Onex Corporation, Canada).

Major Drivers Impacting the Medical Camera Market;

· Increasing Number of Surgical Procedures That Utilize Medical Camera

· Technological Advancements in Medical Camera

· Growth Opportunities in Asia

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Global Medical Camera Market Segmentation:

The sensor type segment of the medical camera market is further segmented into charge coupled device (CCD) and complementary metal-oxide-semiconductor (CMOS) sensors. The CMOS segment is expected to grow at the highest CAGR during the forecast period. CMOS image sensors offer various advantages, such as low power consumption, ease of integration, rapid frame rate, and low manufacturing cost, which are driving growth in this segment.

The resolution type segment of the medical camera market is further segmented into standard-definition (SD) and high-definition (HD) cameras. The HD cameras segment accounted with the highest growth rate in this market, during the forecast period; owing to a rising demand for high-definition visuals in surgical procedures.

The sensor type segment of the medical camera market is further segmented into charge coupled device (CCD) and complementary metal-oxide-semiconductor (CMOS) sensors. The CMOS segment is expected to grow at the highest CAGR during the forecast period. CMOS image sensors offer various advantages, such as low power consumption, ease of integration, rapid frame rate, and low manufacturing cost, which are driving growth in this segment.

The end user type segment of the medical camera market is further segmented into hospitals, diagnostic centers, and specialty clinics & ambulatory surgery centers. The specialty clinics & ambulatory surgery centers segment is expected to grow at the highest CAGR during the forecast period. Long waiting times in hospitals and a growing preference for clinics and ambulatory surgery centers are driving this market.

Geographically, the 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 camera 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.

Target Audience for this Report:

  • Medical Camera Manufacturers
  • Medical Camera Distributors
  • Healthcare Institutions (Hospitals, Medical Schools, Group Practices, Individual Surgeons, and Governing Bodies)

Value Addition for the Buyer:

This 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.

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