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Medical Camera Market Size

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

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Medical Camera Market Size

Medical Camera Market size was valued at over USD 2.7 billion in 2022 and is anticipated to grow at over 7% CAGR through 2023 – 2032 driven by the growing number of surgical procedures across the globe.

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Medical cameras help healthcare professionals capture colourful, high-definition images during open and microscopy surgical procedures. These camera’s play an integral role in small-incision surgeries, which are growing in popularity due to their low risk of infection, less scarring and blood loss. They give surgeons a better visibility of internal organs and provide additional information on the spatial depth and depiction of the patient’s anatomical structures, which allows for better treatment outcomes. Moreover, surgical cameras can also record operations to help with the assessment of any post-operative complications.

Medical Camera Market Report Attributes
Report Attribute	Details
Base Year:	2022
Medical Camera Market Size in 2022:	USD 2.5 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	7%
2032 Value Projection:	USD 5.9 Billion
Historical Data for:	2018 to 2022
No. of Pages:	370
Tables, Charts & Figures:	554
Segments covered:	Camera Type, Resolution, Sensor, End-use and Region
Growth Drivers:	Increasing number of surgical procedures Growing demand for endoscopic procedures Technological advancements in medical cameras Increasing investment in endoscopy and laparoscopy facilities
Pitfalls & Challenges:	High Cost and requirement of substantial investment Shortage of skilled employees and after effect of endoscopy

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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.