Europe Medical Cameras Market was worth USD 650 million in 2016 and estimated to be growing at a CAGR of 8.9%, to reach USD 950 million by 2021.
Medical Cameras help surgeons and clinical staff by taking images in the course of many medical procedures like arthroscopy, spectroscopy, endoscopy, robotic surgery and ophthalmology among others. They help in identifying and treating diseases during surgery by revealing the details of internal organs of a person.
It also develops a database of normal physiology and anatomy which enables to identify any abnormalities in a person’s internal organs.
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Cameras which can capture thermal images can notice inflamed tissues or abnormal blood circulation.
Medical Cameras having infrared technology generate many wavelengths which can know properties such as temperature, chemical components and water content which cannot be done using a regular camera. 3D medical imaging is used in a wide array of applications like cosmetic surgery simulation, monitoring of rheumatoid arthritis and dental prosthesis among others.
High-speed imaging techniques can capture and process the movements of a person suffering from muscular-skeletal diseases.
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The driving factors of Europe Medical Cameras market are rising technological advancements, increasing need of medical procedures requiring medical cameras, large amounts of investment in research and development and favorable laws set by the government among other factors. Some of the constraints faced by this market are high price of equipment, health hazards as a result of exposure to radiation and insufficient knowledge about operating the devices among workers.
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The Europe Medical Cameras market is segmented on the basis of products into microscopes and medical cameras. Microscopes has the larger share in the segment and is also expected to grow fastest, owing to rising geriatric population and rising demand for microscopes in various medical applications.
Based on camera type, the market is segmented into endoscopy cameras, dermatology cameras, ophthalmology cameras, dental cameras and surgery microscopy cameras. Endoscopy cameras has the largest market share in the segment due to rising number of operations done by using endoscopy technique.
Based on sensor type, the market is categorized into charged couple device (CCD) and complimentary-metal-oxide-semiconductor (CMOS) sensors. CMOS has the largest share in the segment sine they consume less power, have high frame rate and low manufacturing price.
The Europe Medical Cameras market is divided based on geography into United Kingdom, France, Germany, Italy and Switzerland. Europe is the second largest market for medical cameras globally.
Factors such as rising investment in research and development, growing geriatric population and favorable laws are growing to rise the market growth in the region.
Some of the major players in the market include Haag-Streit USA (U.S.), Danaher Corporation (U.S.), Carl Zeiss Meditec AG (Germany), Allied Vision GmbH (Germany), Topcon Corporation (Japan), Nikon Corporation (Japan), SPOT Imaging Solutions (U.S.), JOEL Ltd. (Japan), Stryker Corporation (U.S.), and Olympus Corporation (Japan).
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