Home > Pressrelease > Medical Camera Market size to surpass $5.9 Bn by 2032
Medical Camera Market size to surpass $5.9 Bn by 2032
- Published Date: April 3, 2023
Medical Camera Market size is anticipated to cross USD 5.9 billion by 2032, according to a new research report by Global Market Insights Inc.
Rising investment in laparoscopy and endoscopy facilities by non-government and government organizations is a key driver behind industry growth.
Growing usage of ophthalmology cameras in laser procedures to spur camera segment value
Medical camera industry size from ophthalmology cameras segment was valued at over USD 560 million in 2022. Rising use of these cameras in LASEK procedures, to help patients live without contact lenses or glasses, is augmenting segment expansion. In fact, in Germany alone, over 150,000 people undergo laser eye treatment on an annual basis, presenting a lucrative revenue opportunity for ophthalmology cameras segment.
Moreover, these cameras also aid in the high-resolution fundus and retinal photography to provide ophthalmologists with deeper insights into eye health.
Rapid image acquisition capability of charge coupled device camera sensor to bring high revenues
Medical camera market valuation from charge coupled device (CCD) segment is poised to grow past USD 1.9 billion by 2032, driven by the sensor’s rapid image acquisition capabilities. These sensors help medical cameras provide real-time, sensitive images of biological structures such as tissues and organs at high resolutions. They find widescale use in modern imaging systems and optical microscopy for single-cell imaging, molecule detection in real cells and samples, and point-of-care testing development.
Increasing cases of eye disorders to impel ambulatory surgical centers end-use segment gains
Medical camera industry size from ambulatory surgical centers segment is slated to grow beyond a valuation of USD 2 billion by 2032. Given the increasing prevalence of eye-related diseases, ambulatory surgical centers (ASCs) have been witnessing an elevated patient footfall, which is creating a strong demand for ophthalmology cameras..
Browse key industry insights spread across 370 pages with 543 market data tables & 11 figures & charts from the report, “Medical Camera Market Size By Camera (Endoscopy Cameras, Surgery Microscopy Cameras, Dermatology Cameras, Ophthalmology Cameras, Dental Cameras), Resolution (HD Cameras, SD Cameras), Sensor (Complementary Metal-Oxide-Semiconductor (CMOS), Charge Coupled Device), End-Use (Hospitals, Diagnostic Centers, Ambulatory Surgery Centers), COVID-19 Impact Analysis, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2023 – 2032” in detail along with the table of contents:
Surging per capita spending on healthcare to strengthen Europe medical camera market
Europe medical camera industry valuation is anticipated to cross the USD 1.8 billion by 2032, due to the growing per capita healthcare investments in the region. Back during the pandemic, the government of Italy allocated €8.6 billion (USD 9.1 billion) to Italy Healthcare Recovery Plan in response to the COVID-19 pandemic, which also focused on promoting technological innovations in healthcare sector. The regional expansion can also be credited to growing R&D spending by industry players on imaging technologies.
Product innovations to define the competitive landscape
Some prominent medical camera market players are Topcon corporation (Mehra Eyetech Pvt. Ltd), Sony Corporation, Canfield Scientific, Inc., Richard Wolf GmbH, and ZEISS International, among others.