Medical Cameras and Microscopes Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 – 2027

Medical Cameras Gathering Traction in Electronic Medical Records (EMRs) to Enrich Disease Treatment

Medical cameras have been constantly evolving technology and past few decades have witnessed gained massive commercialization in medical imaging. There is a constant need for technologies in medical imaging for treatment of dermatological diseases and traumatic wounds. The trend has underpinned the demand for products in the medical cameras market.

Digital cameras have been widely used in modern clinical care settings, notably in emergency departments of hospitals. The need for improving clinical photography efficiency is a key driver for the medical cameras market. Strides made in information systems and technologies used for electronic medical records (EMRs) are propelling the prospects.

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The need for integrating patient digital photographs with medical imaging examinations has set the tone for product innovations in the medical imaging market. Adoption of PACS (picture archiving and communication system) in radiology has opened new avenues for application of medical cameras market.

Advancements in charge coupled device (CCD) and complementary metal oxide semiconductor (CMOS) camera technologies have paved way to new revenue streams for players in the medical cameras market. Radiologists and physicians are adopting digital imaging and communications in medicine (DICOM) system. The adoption of point-of-care photographic imaging and point-of-procedure (PoC) optical imaging technologies has opened a lucrative avenue for players in the market to capitalize on in the near future.

The demand for low-cost and portable medical cameras has spurred continuous advancements in optical imaging technologies, extending the horizon of the medical cameras market. PoC screening and diagnostics have thus taken opened a new avenue in patient care. In primary care settings, advanced PoC/PoP imaging technologies incorporate medical cameras are enriching high-resource settings. Advancements in the healthcare infrastructure have led to the advent of state-of-the-art medical cameras. Thus, the deployment of PoC/PoP imaging technologies in the healthcare infrastructure are boosting the growth of the medical cameras market. This has helped in an accurate diagnostic and staging of diseases.

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The global medical cameras & microscopes market for the historical period 2017–2018 and forecast period 2019–2027, increased preference for Minimally Invasive Surgeries (MIS), Change in population demographics coupled with rise in the disease prevalence are projected to drive the global medical cameras & microscopes market during the forecast period

According to the report, the global medical cameras & microscopes market was valued at US$ 1,102.9 Mn in 2018 and is anticipated to expand at a CAGR  4.0% from 2019 to 2027

Change in population demographics change coupled with rise in the disease prevalence to propel the market: Key Drivers

Population socioeconomics have been fluctuating for as far back as couple of many years. The population matured 65 years or more is progressively expanding over the globe. There are currently a larger number of Americans matured 65 and more established than at some other time in U.S. history. As indicated by an ongoing report by Joint Center for Housing Studies of Harvard University (2017), the most established people born after WW2 have now passed the boundary of 65 years, populace development among long term olds is set to rise and their numbers are foreseen to take off from 21.7 million of every 2010 to 32.8 million out of 2020 and afterward to 38.6 million out of 2030.

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Globally, the geriatric population is required to experience the ill effects of different persistent ailments. Today, three out of four Americans matured 65 years and more seasoned need to manage wellbeing concerns, for example, cardiovascular sickness, diabetes, malignant growth or persistent respiratory illnesses.

The maturing populace over the globe and the way that malignant growth event in people rises dramatically in the last many years of life, recommends that malignancy is required to before long supplant coronary illness as the essential driver of death universally.

As indicated by the data by American Clinical and Climatological Association (2018), rate of disease in those more than 65 is 10 times more noteworthy than in those more youthful than 65 and the malignancy demise rate is multiple times more prominent in patients more than 65 contrasted with more youthful patients.

Subsequently, with internationally expanding predominance of illnesses, there is an expansion in the interest for medical procedures and diagnostics tests which therefore support the interest for clinical gadgets including magnifying lens and cameras.

Decrease in Government Financing to Hamper Market Development

A portion of the nations are seeing decrease in the public authority subsidizing for medical care which is relied upon to unfavorably influence the advancement of clinical gadget industry.

The U.S. has seen biggest expansion in subsidizing in biomedical and wellbeing administrations research during 1994 and 2004, when financing developed at 6% every year. While, from 2010 to 2018, the pace of interest in clinical examination in the U.S. dropped, while there has been ascend in exploration speculation all around the world. As indicated by Journal of the American Medical Association (2018), the pace of speculation development declined by 0.8% yearly and (in genuine terms) diminished in 3 of the most recent 5 years, coming to $117 billion (4.5 %) of all out medical care uses.

The U.S. government research financing declined from 57% in 2014 to half 2017 of the worldwide aggregate. Likewise, The U.S. portion of life science licenses declined from 57% (1981) to 51 % (2017).This situation demonstrates that there is a requirement for the U.S. to discover new financing sources to help clinical examination, if the clinical estimation of its logical interests previously and occasions to improve care are to be ideally used. In this way, the brought down government subsidizing is a significant obstacle restraining the development of clinical cameras and magnifying lens market in the U.S.

Essentially, with the Eurozone emergency, the European nations have eliminated their subsidizing. European Commission (EC), the International Monetary Fund (IMF) and the European Central Bank (ECB) have specified a decrease in government spending for clinical gadget industry. Such factors are relied upon to hamper the development of this market.

Global Medical Cameras & Microscopes Market: Competitive Landscape

This report profiles major players in the global medical cameras & microscopes market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments

The global medical cameras & microscopes market is highly fragmented, with the presence of a number of international as well as regional players

Leading players operating in the global medical cameras & microscopes market are

  • Carl Zeiss Meditec AG
  • Olympus Corporation
  • Danaher
  • Nikon Corporation
  • HAAG-STREIT GROUP
  • Stryker
  • JEOL Ltd.
  • SPOT Imaging
  • a division of Diagnostic Instruments, Inc.
  • Allied Vision Technologies GmbH
  • TOPCON CORPORATION
  • among others

Global Medical Cameras & Microscopes Market: Key Developments

Key players in the global medical cameras & microscopes market are engaged in regulatory approvals, technologically advanced products, launch of new products, and acquisition & collaborative agreements with other companies. These strategies are likely to fuel the growth of the global medical cameras & microscopes market. A few expansion strategies adopted by players operating in the global medical cameras & microscopes market are:

In October 2018, Med X Change, Inc.,  announced the launch and Production availability of the 4Klear, a 4K Camera & Medical Video Recorder All-In-One Solution for surgical microscopes

In September 2017, Olympus Corporation announced the launch of its ORBEYE Surgical Microscope, incorporating the latest advances in 4K 3D video technology

The report on the global medical cameras & microscopes market discussed individual strategies, followed by company profiles of manufacturers of medical cameras & microscopes. The competitive landscape section has been included in the report to provide readers with a dashboard view and a company market share analysis of key players operating in the global medical cameras & microscopes market.

Key Questions Answered in Global Medical Cameras & Microscopes Market Report

  • What is the scope of growth of product companies in the global medical cameras & microscopes market?
  • What will be the Y-o-Y growth of the global medical cameras & microscopes market between 2019 and 2027?
  • What is the influence of changing trends in technologies on the global medical cameras & microscopes market?
  • Will North America continue to be the most profitable market for medical cameras & microscopes providers?
  • Which factors are anticipated to hamper the growth of the global medical cameras & microscopes market during the forecast period?
  • Which are the leading companies in the global medical cameras & microscopes market?

Global Medical Cameras & Microscopes Market – Segmentation

Product Type

  • Endoscopy Cameras
  • Dermatology Cameras
  • Ophthalmology Cameras
  • Dental Cameras
  • Surgical Microscope Cameras
  • Pathology Microscope Cameras

Applications

  • Ophthalmology
  • ENT
  • Neurosurgery
  • Others

End-users

  • Hospital Laboratories
  • Diagnostic Laboratories
  • Physician Offices
  • Others

Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

TABLE OF CONTENT

1. Preface

1.1. Market Definition and Scope

1.2. Market Segmentation

1.3. Key Research Objectives

1.4. Research Highlights

2. Assumptions and Research Methodology

3. Executive Summary: Global Medical Cameras & Microscopes Market

4. Market Overview

4.1. Introduction

4.1.1. Type Definition

4.1.2. Industry Evolution / Developments

4.2. Overview

4.3. Market Dynamics

4.3.1. Drivers

4.3.2. Restraints

4.3.3. Opportunities

4.4. Global Medical Cameras & Microscopes Market Analysis and Forecast, 2017–2027

4.4.1. Market Revenue Projections (US$ Mn)

5. Key Insights

5.1. Regulatory Scenario, by Region/Globally

5.2. Pricing Analysis-Microscopes

5.3. Pricing Analysis-Medical Cameras

5.4. Mergers & Acquisitions

6. Global Medical Cameras & Microscopes Market Analysis and Forecast, by Product Type

6.1. Introduction & Definition

6.1.1. Key Findings / Developments

6.2. Global Medical Cameras & Microscopes Market Value Forecast, by Product Type, 2017–2027

6.2.1. Endoscopy Cameras

6.2.2. Dermatology Cameras

6.2.3. Ophthalmology Cameras

6.2.4. Dental Cameras

6.2.5. Surgical Microscope Cameras

6.2.6. Pathology Microscope Cameras

6.3. Global Medical Cameras & Microscopes Market Attractiveness, by Product Type

7. Global Medical Cameras & Microscopes Market Analysis and Forecast, by Applications

7.1. Introduction & Definition

7.1.1. Key Findings / Developments

7.2. Global Medical Cameras & Microscopes Market Value Forecast, by Applications, 2017–2027

7.2.1. Ophthalmology

7.2.2. ENT

7.2.3. Neurosurgery

7.2.4. Others

7.3. Global Medical Cameras & Microscopes Market Attractiveness, by Applications

8. Global Medical Cameras & Microscopes Market Analysis and Forecast, by End-users

8.1. Introduction & Definition

8.1.1. Key Findings / Developments

8.2. Global Medical Cameras & Microscopes Market Value Forecast, by End-users, 2017–2027

8.2.1. Hospital Laboratories

8.2.2. Diagnostic Laboratories

8.2.3. Physician Offices

8.2.4. Others

8.3. Global Medical Cameras & Microscopes Market Attractiveness, by End-users

9. Global Medical Cameras & Microscopes Market Analysis and Forecast, by Region

9.1. Key Findings

9.2. Global Medical Cameras & Microscopes Market Value Forecast, by Region

9.2.1. North America

9.2.2. Europe

9.2.3. Asia Pacific

9.2.4. Latin America

9.2.5. Middle East & Africa

9.3. North America Medical Cameras & Microscopes Market Attractiveness, by Region

10. North America Medical Cameras & Microscopes Market Analysis and Forecast

10.1. Introduction

10.1.1. Key Findings

10.2. North America Medical Cameras & Microscopes Market Value (US$ Mn) Forecast, by Product Type, 2017–2027

10.2.1. Endoscopy Cameras

10.2.2. Dermatology Cameras

10.2.3. Ophthalmology Cameras

10.2.4. Dental Cameras

10.2.5. Surgical Microscope Cameras

10.2.6. Pathology Microscope Cameras

10.3. North America Medical Cameras & Microscopes Market Value (US$ Mn) Forecast, by Applications, 2017–2027

10.3.1. Ophthalmology

10.3.2. ENT

10.3.3. Neurosurgery

10.3.4. Others

10.4. North America Medical Cameras & Microscopes Market Value (US$ Mn) Forecast, by End-users, 2017–2027

10.4.1. Hospital Laboratories

10.4.2. Diagnostic Laboratories

10.4.3. Physician Offices

10.4.4. Others

10.5. North America Medical Cameras & Microscopes Market Value (US$ Mn) Forecast, by Country, 2017–2027

10.5.1. U.S.

10.5.2. Canada

10.6. North America Medical Cameras & Microscopes Market Attractiveness Analysis

10.6.1. By Product type

10.6.2. By Applications

10.6.3. By End-users

10.6.4. By Country

11. Europe Medical Cameras & Microscopes Market Analysis and Forecast

11.1. Introduction

11.1.1. Key Findings

11.2. Europe Medical Cameras & Microscopes Market Value (US$ Mn) Forecast, by Product Type, 2017–2027

11.2.1. Endoscopy Cameras

11.2.2. Dermatology Cameras

11.2.3. Ophthalmology Cameras

11.2.4. Dental Cameras

11.2.5. Surgical Microscope Cameras

11.2.6. Pathology Microscope Cameras

11.3. Europe Medical Cameras & Microscopes Market Value (US$ Mn) Forecast, by Applications, 2017–2027

11.3.1. Ophthalmology

11.3.2. ENT

11.3.3. Neurosurgery

11.3.4. Others

11.4. Europe Medical Cameras & Microscopes Market Value (US$ Mn) Forecast, by End-users, 2017–2027

11.4.1. Hospital Laboratories

11.4.2. Diagnostic Laboratories

11.4.3. Physician Offices

11.4.4. Others

11.5. Europe Medical Cameras & Microscopes Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2027

11.5.1. Germany

11.5.2. U.K.

11.5.3. France

11.5.4. Spain

11.5.5. Italy

11.5.6. Rest of Europe

11.6. Europe Medical Cameras & Microscopes Market Attractiveness Analysis

11.6.1. By Product type

11.6.2. By Applications

11.6.3. By End-users

11.6.4. By Country/Sub-region

12. Asia Pacific Medical Cameras & Microscopes Market Analysis and Forecast

12.1. Introduction

12.1.1. Key Findings

12.2. Asia Pacific Medical Cameras & Microscopes Market Value (US$ Mn) Forecast, by Product Type, 2017–2027

12.2.1. Endoscopy Cameras

12.2.2. Dermatology Cameras

12.2.3. Ophthalmology Cameras

12.2.4. Dental Cameras

12.2.5. Surgical Microscope Cameras

12.2.6. Pathology Microscope Cameras

12.3. Asia Pacific Medical Cameras & Microscopes Market Value (US$ Mn) Forecast, by Applications, 2017–2027

12.3.1. Ophthalmology

12.3.2. ENT

12.3.3. Neurosurgery

12.3.4. Others

12.4. Asia Pacific Medical Cameras & Microscopes Market Value (US$ Mn) Forecast, by End-users, 2017–2027

12.4.1. Hospital Laboratories

12.4.2. Diagnostic Laboratories

12.4.3. Physician Offices

12.4.4. Others

12.5. Asia Pacific Medical Cameras & Microscopes Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2027

12.5.1. China

12.5.2. Japan

12.5.3. India

12.5.4. Australia & New Zealand

12.5.5. Rest of Asia Pacific

12.6. Asia Pacific Medical Cameras & Microscopes Market Attractiveness Analysis

12.6.1. By Product type

12.6.2. By Applications

12.6.3. By End-users

12.6.4. By Country/Sub-region

13. Latin America Medical Cameras & Microscopes Market Analysis and Forecast

13.1. Introduction

13.1.1. Key Findings

13.2. Latin America Medical Cameras & Microscopes Market Value (US$ Mn) Forecast, by Product Type, 2017–2027

13.2.1. Endoscopy Cameras

13.2.2. Dermatology Cameras

13.2.3. Ophthalmology Cameras

13.2.4. Dental Cameras

13.2.5. Surgical Microscope Cameras

13.2.6. Pathology Microscope Cameras

13.3. Latin America Medical Cameras & Microscopes Market Value (US$ Mn) Forecast, by Applications, 2017–2027

13.3.1. Ophthalmology

13.3.2. ENT

13.3.3. Neurosurgery

13.3.4. Others

13.4. Latin America Medical Cameras & Microscopes Market Value (US$ Mn) Forecast, by End-users, 2017–2027

13.4.1. Hospital Laboratories

13.4.2. Diagnostic Laboratories

13.4.3. Physician Offices

13.4.4. Others

13.5. Latin America Medical Cameras & Microscopes Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2027

13.5.1. Brazil

13.5.2. Mexico

13.5.3. Rest of Latin America Latin America

13.6. Latin America Medical Cameras & Microscopes Market Attractiveness Analysis

13.6.1. By Product type

13.6.2. By Applications

13.6.3. By End-users

13.6.4. By Country/Sub-region

14. Middle East & Africa Medical Cameras & Microscopes Market Analysis and Forecast

14.1. Introduction

14.1.1. Key Findings

14.2. Middle East & Africa Medical Cameras & Microscopes Market Value (US$ Mn) Forecast, by Product Type, 2017–2027

14.2.1. Endoscopy Cameras

14.2.2. Dermatology Cameras

14.2.3. Ophthalmology Cameras

14.2.4. Dental Cameras

14.2.5. Surgical Microscope Cameras

14.2.6. Pathology Microscope Cameras

14.3. Middle East & Africa Medical Cameras & Microscopes Market Value (US$ Mn) Forecast, by Applications, 2017–2027

14.3.1. Ophthalmology

14.3.2. ENT

14.3.3. Neurosurgery

14.3.4. Others

14.4. Middle East & Africa Medical Cameras & Microscopes Market Value (US$ Mn) Forecast, by End-users, 2017–2027

14.4.1. Hospital Laboratories

14.4.2. Diagnostic Laboratories

14.4.3. Physician Offices

14.4.4. Others

14.5. Middle East & Africa Medical Cameras & Microscopes Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2027

14.5.1. GCC Countries

14.5.2. South Africa

14.5.3. Rest of Middle East & Africa

14.6. Middle East & Africa Medical Cameras & Microscopes Market Attractiveness Analysis

14.6.1. By Product type

14.6.2. By Applications

14.6.3. By End-users

14.6.4. By Country/Sub-region

15. Competition Landscape

15.1. Market Player – Competition Matrix (by Tier and Size of companies)

15.2. Market Share / Position Analysis, by Company, 2018

15.3. Competitive Business Strategies

15.4. Company Profiles

15.4.1. Carl Zeiss Meditec AG

15.4.1.1. Company Overview (HQ, Business Segments, Employee Strength)

15.4.1.2. Growth Strategies

15.4.1.3. SWOT Analysis

15.4.2. Olympus Corporation

15.4.2.1. Company Overview (HQ, Business Segments, Employee Strength)

15.4.2.2. Growth Strategies

15.4.2.3. SWOT Analysis

15.4.3. Danaher

15.4.3.1. Company Overview (HQ, Business Segments, Employee Strength)

15.4.3.2. Growth Strategies

15.4.3.3. SWOT Analysis

15.4.4. Nikon Corporation

15.4.4.1. Company Overview (HQ, Business Segments, Employee Strength)

15.4.4.2. Growth Strategies

15.4.4.3. SWOT Analysis

15.4.5. HAAG-STREIT GROUP

15.4.5.1. Company Overview (HQ, Business Segments, Employee Strength)

15.4.5.2. Growth Strategies

15.4.5.3. SWOT Analysis

15.4.6. Stryker

15.4.6.1. Company Overview (HQ, Business Segments, Employee Strength)

15.4.6.2. Growth Strategies

15.4.6.3. SWOT Analysis

15.4.7. JEOL Ltd.

15.4.7.1. Company Overview (HQ, Business Segments, Employee Strength)

15.4.7.2. Growth Strategies

15.4.7.3. SWOT Analysis

15.4.8. SPOT Imaging, a division of Diagnostic Instruments, Inc.

15.4.8.1. Company Overview (HQ, Business Segments, Employee Strength)

15.4.8.2. Growth Strategies

15.4.8.3. SWOT Analysis

15.4.9. Allied Vision Technologies GmbH

15.4.9.1. Company Overview (HQ, Business Segments, Employee Strength)

15.4.9.2. Growth Strategies

15.4.9.3. SWOT Analysis

15.4.10. TOPCON CORPORATION

15.4.10.1. Company Overview (HQ, Business Segments, Employee Strength)

15.4.10.2. Growth Strategies

15.4.10.3. SWOT Analysis

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