North America Medical Cameras Market was worth USD 750 million in 2016 and estimated to be growing at a CAGR of 9.3%, to reach USD 1.2 billion by 2021.
Medical Cameras are devices which help surgeons and clinical staff by capturing photos during many medical procedures such as spectroscopy, endoscopy, arthroscopy, ophthalmology and robotic surgery among others. They help in identifying and treating diseases during surgery by providing details of internal organs of a person.
It also develops a database of normal physiology and anatomy which enables to identify any deviations from the norm in a person’s internal organs.
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Medical Cameras which use infrared technology produce various wavelengths which can determine properties such as chemical components, water content and temperature which cannot be done with a regular camera.
3D medical imaging is used in many applications like dental prosthesis, cosmetic surgery simulation and monitoring of rheumatoid arthritis among others. Cameras having thermal imaging technology can recognise inflamed tissue or abnormal blood circulation.
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 North America Medical Cameras market are growing technological advancements, rising need of medical procedures requiring medical cameras and favourable laws set by the government and heavy investment in research and development among other factors. The restraints faced by this market are health hazards as a result of exposure to radiation, insufficient knowledge about operating the devices among workers and high price of equipment.
The North America 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.
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The North America Medical Cameras market is divided based on geography into United States, Canada and Mexico. North America has the largest market globally for medical cameras.
In North America, United States has the largest market share and is also expected to be the fastest growing. Factors such as growing geriatric population, rising investment into research and development and favourable laws are expected to drive 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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