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Medical Camera Market - By Camera (Endoscopy Cameras, Surgery Microscopy Cameras, Dermatology Cameras, Ophthalmology Cameras, Dental Cameras), Resolution (HD Cameras, SD Cameras), Sensor (CMOS, Charge Coupled Device), End-Use, Market Forecast, 2023-2032

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

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.

Medical Camera Market

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.

Steep price of medical cameras may hinder industry scenario

The heavy initial investment and prohibitive costs associated with medical cameras may make them less accessible to many healthcare units across the globe. In places such as India, which is known for medical tourism, the average cost of an ophthalmology medical camera lies falls in the USD 2,363 – USD 10,000 range. The cost further differs from camera to camera based on product features and specifications. Specialized components and their complicated assembly also adds to the overall price of product.

Medical Camera Market Analysis

Medical Camera Market Share, By Camera

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.

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.

Medical Camera Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 13
  • Tables & Figures: 554
  • Countries covered: 27
  • Pages: 370
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