Market Overview:
The global medical grade camera market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for HD and 4K cameras in hospitals, diagnostic centers, speciality clinics, and ambulatory surgery centers. Additionally, the growing awareness about advanced medical imaging technologies is also contributing to the growth of this market. North America dominates the global medical grade camera market due to the presence of a large number of hospitals and diagnostic centers in this region.
Product Definition:
A medical grade camera is a type of digital camera that is specifically designed for use in a medical setting. It typically has features that make it easier to capture images of patients' bodies, such as higher resolution and the ability to capture images in low light conditions. Medical grade cameras are important because they allow doctors and other healthcare professionals to obtain accurate images of patients' bodies for diagnosis and treatment purposes.
HD Camera:
High Definition (HD) camera is a digital video camera that has superior image quality as compared to standard-definition cameras. HD cameras are capable of providing improved image resolution, which makes them useful in various applications such as security surveillance, medical imaging and research, automotive testing and manufacturing among others. The growing demand for high definition videos across the telecommunication sector is expected to drive market growth over the forecast period.
4K Camera:
4K camera is a new term in the market which was originated from the resolution of 4,000x3000 pixels. It has four times the number of pixels as compared to HDTV (High Definition Televisions) and eight times than that of Full HD Televisions. The image resolution can be described as millions of pixels in one line; for instance, if there are 30 lines on a TV screen then each pixel would represent one pixel in 4K camera.
Application Insights:
Based on application, the global medical grade camera market has been segmented into hospitals, diagnostic centers, specialty clinics/ambulatory surgery centers and others. Hospitals held the largest share in 2017 owing to increasing demand for advanced imaging devices by doctors to assess patient¢â‚¬â„¢s condition before conducting any procedure. Moreover, an increase in hospital-acquired cameras for surveillance is also responsible for driving the overall market growth. For instance, as per a 2016 study published in Health Management Journal of Australia ¢â‚¬Å“ Security Camera Use In Hospitals And Its Impact On Patient Safety And Security ¢â‚¬ more than 60% of Australian hospitals use some form of security camera system which can be used both internally and externally to monitor areas such as parking lots and corridors leading to rooms.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of players and high adoption rate for advanced technologies. The region is expected to maintain its dominance over the forecast period due to increasing demand for 4K cameras from several end-use industries such as film & television, sports, security, and medical. In addition, growing healthcare awareness levels among people will boost product demand further.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rising investments by international companies in this region along with government support for improving healthcare infrastructure in developing economies including China and India. For instance, Samsung Electronics Co., Ltd has provided funds worth USD X billion towards establishing ambulatory care units at hospitals across India which will provide state-of-the-art treatment using digital imaging products such as MRI/ CT scan devices and X rays etcetera thus boosting regional growth significantly over next eight years.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global medical grade camera market is expected to grow at a CAGR of over 7% during the forecast period. This can be attributed to the increasing demand for minimally invasive surgeries, which require smaller and more portable cameras.
- Rising prevalence of chronic diseases: The global medical grade camera market is also expected to benefit from the rising prevalence of chronic diseases such as cancer, cardiovascular diseases, and orthopedic disorders. This is because these conditions often require surgical intervention, which in turn drives demand for medical grade cameras.
- Technological advancements: The development of new technologies that offer better image quality and portability is likely to drive growth in the global medical grade camera market during the forecast period. For instance, recent advancements in miniaturization technologies have led to the development of small yet powerful cameras that can be used in minimally invasive surgeries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Grade Camera Market Research Report
By Type
HD Camera, 4K Camera
By Application
Hospitals, Diagnostic Centers, Speciality Clinics, Ambulatory Surgery Centers
By Companies
Panasonic, Sony, Stryker, Med X, Ikegami, Imperx
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global Medical Grade Camera Market Report Segments:
The global Medical Grade Camera market is segmented on the basis of:
Types
HD Camera, 4K Camera
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Diagnostic Centers, Speciality Clinics, Ambulatory Surgery Centers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Panasonic
- Sony
- Stryker
- Med X
- Ikegami
- Imperx
Highlights of The Medical Grade Camera Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- HD Camera
- 4K Camera
- By Application:
- Hospitals
- Diagnostic Centers
- Speciality Clinics
- Ambulatory Surgery Centers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Grade Camera Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Medical grade cameras are those that have been specifically designed for use in medical settings. They typically have a higher quality image sensor and lens than consumer grade cameras, which makes them better suited for capturing images of medical procedures or patients.
Some of the key players operating in the medical grade camera market are Panasonic, Sony, Stryker, Med X, Ikegami, Imperx.
The medical grade camera market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Grade Camera Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Medical Grade Camera Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Grade Camera Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Medical Grade Camera Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Medical Grade Camera Market Size & Forecast, 2018-2028
4.5.1 Medical Grade Camera Market Size and Y-o-Y Growth
4.5.2 Medical Grade Camera Market Absolute $ Opportunity
Chapter 5 Global Medical Grade Camera Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Medical Grade Camera Market Size Forecast by Type
5.2.1 HD Camera
5.2.2 4K Camera
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Grade Camera Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Medical Grade Camera Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Diagnostic Centers
6.2.3 Speciality Clinics
6.2.4 Ambulatory Surgery Centers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Grade Camera Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medical Grade Camera Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Medical Grade Camera Analysis and Forecast
9.1 Introduction
9.2 North America Medical Grade Camera Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Medical Grade Camera Market Size Forecast by Type
9.6.1 HD Camera
9.6.2 4K Camera
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Medical Grade Camera Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Diagnostic Centers
9.10.3 Speciality Clinics
9.10.4 Ambulatory Surgery Centers
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Medical Grade Camera Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Grade Camera Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Medical Grade Camera Market Size Forecast by Type
10.6.1 HD Camera
10.6.2 4K Camera
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Medical Grade Camera Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Diagnostic Centers
10.10.3 Speciality Clinics
10.10.4 Ambulatory Surgery Centers
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Medical Grade Camera Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Grade Camera Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Medical Grade Camera Market Size Forecast by Type
11.6.1 HD Camera
11.6.2 4K Camera
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Medical Grade Camera Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Diagnostic Centers
11.10.3 Speciality Clinics
11.10.4 Ambulatory Surgery Centers
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Medical Grade Camera Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Grade Camera Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Medical Grade Camera Market Size Forecast by Type
12.6.1 HD Camera
12.6.2 4K Camera
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Medical Grade Camera Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Diagnostic Centers
12.10.3 Speciality Clinics
12.10.4 Ambulatory Surgery Centers
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Medical Grade Camera Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Grade Camera Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Medical Grade Camera Market Size Forecast by Type
13.6.1 HD Camera
13.6.2 4K Camera
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Medical Grade Camera Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Diagnostic Centers
13.10.3 Speciality Clinics
13.10.4 Ambulatory Surgery Centers
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medical Grade Camera Market: Competitive Dashboard
14.2 Global Medical Grade Camera Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Panasonic
14.3.2 Sony
14.3.3 Stryker
14.3.4 Med X
14.3.5 Ikegami
14.3.6 Imperx
