Home > Healthcare > Medical Devices > Medical Equipment > Medical Camera Market

Medical Camera Market Analysis

Report ID: GMI2027
Published Date: Mar 2023
Report Format: PDF

Download Free Sample

Medical Camera Market Analysis

With respect to camera, the medical camera market valuation from endoscopy cameras segment is expected to grow past USD 2.8 billion by 2032. Endoscopy cameras provide high-resolution images and videos, allowing doctors to view the patient’s gastric track in a non-invasive manner to effectively diagnose digestive conditions. Rising occurrence of digestive tract issues such as ulcers, and gastritis among others has bolstered the demand for endoscopy cameras. As per reports, peptic ulcers affect nearly four million people every year, with a lifetime prevalence of 5-10% in the general population.

Based on resolution, the medical camera market size from the HD cameras segment held a valuation of more than USD 2 billion in 2022. An HD camera can provide high-resolution images for state-of-the-art endoscopy procedures. It delivers a detailed view of the affected areas through crisper images. Moreover, they also provide a lifelike visual appearance with maximum depth and spatial orientation to enhance the accuracy of surgical procedures. HD cameras help obtain a panoramic and natural view of internal organs in laparoscopic surgeries, making them integral for the discipline.

Medical Camera Market Size, By Region

Learn more about the key segments shaping this market

Download Free Sample

From the regional perspective, North America medical camera market was valued at over USD 860 million in 2022. Moving ahead, the regional segment revenues are likely to be driven by favorable government initiatives for the healthcare sector. For instance, back in October 2022, the U.S. government announced an investment of over USD 110 million for consolidating the nation’s rural healthcare infrastructure.

Regional expansion is also driven by the strong presence of industry leaders such as CANON MEDICAL SYSTEMS USA, INC., Stryker Corporation, and others in the region. Many players are focusing on product innovations to carve themselves a bigger share of the region’s revenue pool. In fact, back in September 2022, Stryker Corporation, a US-based medication company, launched Q Guidance System, which makes use of a redesigned medical camera equipped with sophisticated algorithms to deliver accurate surgical planning for spine applications.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market for medical camera was valued at more than USD 2.5 billion In 2022 and is expected to grow at over 7% CAGR through 2023 - 2032, on account of growing number of surgical procedures being performed across the globe.

Endoscopy cameras segment is poised to grow past USD 2.8 billion by 2032, fueled by the growing prevalence of digestive disorders such as ulcers, and gastritis among others.

North America medical camera market was valued at over USD 860 million in 2022 and is likely to be driven by favorable government initiatives for the healthcare sector and strong industry player presence in the region.

Some of the key leaders partaking in medical camera industry share include names such as Stryker Corporation, CANON MEDICAL SYSTEMS USA, INC., Topcon Corporation (Mehra Eyetech Pvt. Ltd), Sony Corporation, Olympus Corporation, Smith & Nephew, and Richard Wolf GmbH, among others.