Medical Camera Market Analysis, Technology Progress, Revenue and Forecast
Medical Camera Market
According to Latest Market research report Published by MarketsandMarkets the “Medical Camera Market Size, Share, Demand and Growth Analysis, forecast” the Global Market is expected to reach the US $ 3.69 Billion, nearly at a CAGR of 8.7%
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Expansions and new product launches were the primary growth strategies adopted by major players to expand their product portfolio in the Global Medical Camera Market.
key players operating in the Global Medical Camera Market;
The major players in the medical camera market include Olympus Corporation (Japan), Stryker Corporation (U.S.), Hamamatsu Photonics K.K. (Japan), Sony Corporation (Japan), and Carestream Health (a subsidiary of Onex Corporation, Canada).
Major Drivers Impacting the Medical Camera Market;
· Increasing Number of Surgical Procedures That Utilize Medical Camera
· Technological Advancements in Medical Camera
· Growth Opportunities in Asia
– Global Medical Camera Market Segmentation:
Medical Camera Market: By Camera Type
– Endoscopy Cameras
– Surgical Microscopy Cameras
– Dermatology Cameras
– Ophthalmology Cameras
– Dental Cameras
The end user type segment of the medical camera market is further segmented into hospitals, diagnostic centers, and specialty clinics & ambulatory surgery centers. The specialty clinics & ambulatory surgery centers segment is expected to grow at the highest CAGR during the forecast period. Long waiting times in hospitals and a growing preference for clinics and ambulatory surgery centers are driving this market.
Geographically, the market is segmented into North America, Europe, Asia, and the Rest of the World. In 2016, North America held the largest share in the medical camera market and is expected to do so in the forecast period as well. Asia is expected to witness the highest CAGR, with its growth centered on China, Japan, and India.