Medical Cameras Market to Rise at a 7.3% CAGR from 2021 to 2026
The Medical Cameras Market is projected to reach USD 4.1 billion by 2026 from USD 2.9 billion in 2021, at a CAGR of 7.3% during the forecast period. Market growth is largely driven by the increasing number of surgical procedures, growing demand for endoscopic procedures, technological advancements, and increasing investments in endoscopy and laparoscopy facilities.
Medical CamerasKey Market Players:
Olympus Corporation (Japan), Richard WOLF GmbH (Germany),
TOPCON CORPORATION (Japan), Sony Corporation (Japan), Stryker Corporation (US),
Danaher Corporation (US), Canon Inc. (Japan), Carl Zeiss AG (Germany), Smith
& Nephew (UK), Carestream Dental LLC (US), and Basler AG (Germany)
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Endoscopy Cameras accounted for the larger share of the
share of global medical cameras market in 2020.
Based on type, the medical cameras market is segmented into
surgical microscopy cameras, endoscopy cameras, dermatology cameras,
ophthalmology cameras, dental cameras, and other medical cameras. The Endoscopy
cameras segment accounted for the largest share of global medical cameras
market. This can be attributed to the increasing number of endoscopy procedures
across the globe.
By sensor, the CMOS Sensor segment accounted for the
largest market share in 2020.
Based on sensor, the medical cameras market is segmented
into CMOS Sensor and CCD Sensor. CMOS Sensors accounted for the largest share
of the global medical cameras market in 2020.
This can be attributed various advantages of CMOS sensors over CCD
sensors, such as low power consumption, ease of integration, and faster frame
rate. Moreover, the cost of manufacturing these sensors is lower than that of
CCD sensors.
By Resolution, High-definition cameras accounted for
largest market share in 2020
Based on resolution, the medical cameras market is segmented
into standard-definition (SD) cameras and high-definition (HD) cameras.
High-definition cameras accounted for the largest share of the global medical
cameras market in 2020. The large share of this segment can primarily be
attributed to the greater demand for HD cameras among end users due to the
significant requirement of high-quality images in medical specialties.
Hospitals & ambulatory surgery centers are the
largest end-users of the medical cameras market
Based on end users, the global medical cameras market is
segmented into hospitals & ambulatory surgery centers and specialty
clinics. Hospitals & ambulatory surgery centers accounted for the largest
share of the global medical cameras market in 2020. This can be attributed to
the increasing number of hospitals, especially in India, China, and Africa, and
growing government & private investments to upgrade healthcare
infrastructures.
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