Medical Cameras Market by Product, End-user, Resolution, and Geography - Forecast and Analysis 2020-2024

The medical cameras market size has the potential to grow by USD 979.21 million during 2020-2024, and the market's growth momentum will accelerate at a CAGR of 6.31%. 

This report provides a detailed analysis of the market by product (endoscopy cameras, surgical cameras, dermatology cameras, retinal cameras, and dental cameras), end-user (hospitals, diagnostic centers, ASCs, and others), resolution (HD medical cameras and SD medical cameras), geography (APAC, Europe, North America, and ROW), and key vendors. 

Market Overview

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Market Competitive Analysis

The report analyzes the market's competitive landscape and offers information on several market vendors, including: 

 

• 3Gen Inc.
• Ackermann Instrumente GmbH
• B. Braun Melsungen AG
• Canfield Scientific Inc.
• Carestream Health Inc.
• Carl Zeiss AG
• Hamamatsu Photonics KK
• Olympus Corp.
• Sony Corp.
• Stryker Corp.

 

The medical cameras market is fragmented and the vendors are deploying growth strategies such as increasing their production capacities to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as growing preference toward MIS and non-invasive techniques to achieve growth opportunities. However, factors such as the need for advanced training and expertise will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the medical cameras market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies, 

This medical cameras market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities. 

Medical Cameras Market: Key Drivers and Trends

The growing preference for minimally invasive surgeries (MIS) and non-invasive techniques is one of the primary growth factors for the medical cameras market. Surgeons are increasingly preferring minimally invasive surgeries over the traditional open surgical procedures since MI techniques reduce the need for hospital stay and cause fewer post-surgery complications. The above-mentioned factors will create a demand for surgical cameras such as endoscopy cameras, fueling medical cameras market growth.

The rise in the number of ASCs is one of the medical cameras market trends. Ambulatory surgical centers provide patients with safe treatment in a hospital setting, at a lower cost and in a shorter duration. Patients are opting for ASCs over hospitals because ASCs perform surgeries on an outpatient basis and at a lower cost. With the increasing number of ASCs and outpatient services, the demand for medical devices including surgical cameras that are used in operating rooms and in diagnosis will subsequently increase.

 

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Medical Cameras Market: Segmentation by Geography

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37% of the market's growth will originate from North America during the forecast period. The US is a key market for medical cameras in North America. Market growth in this region will be faster than the growth of the market in Europe.

The advancement in technologies is one of the prime factors that will facilitate the medical cameras market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Medical Cameras Market: Segmentation by Product

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The demand for endoscopy cameras is increasing due to their ability to visualize the target area accurately and reach difficult parts of the body. This way endoscopy cameras assist surgeons in diagnosing and performing complex surgeries. However, the medical cameras market share growth by the endoscopy cameras segment will be slower than the dermatology cameras and dental cameras segments.    

This report provides an accurate prediction of the contribution of all the segments to the growth of the medical cameras market size. Fetch actionable market insights on post COVID19 impact on each segment.   

 

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Medical Cameras Market: Key Highlights of the Report for 2020-2024

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will drive medical cameras market growth during the next five years
• Precise estimation of the medical cameras market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the medical cameras industry across APAC, Europe, North America, and ROW
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of medical cameras market vendors

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Medical Cameras Market Scope
Report Coverage	Details
Page number	120
Base year	2019
Forecast period	2020-2024
Growth momentum & CAGR	Accelerate at a CAGR of 6%
Market growth 2020-2024	$ 979.21 million
Market structure	Fragmented
YoY growth (%)	5.39
Regional analysis	North America, Europe, APAC, and ROW
Performing market contribution	North America at 37%
Key consumer countries	US, Germany, China, UK, and Japan
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	3Gen Inc., Ackermann Instrumente GmbH, B. Braun Melsungen AG, Canfield Scientific Inc., Carestream Health Inc., Carl Zeiss AG, Hamamatsu Photonics KK, Olympus Corp., Sony Corp., and Stryker Corp.
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.