The medical cameras market is projected to reach USD 4.1 billion by 2026 from USD 2.9 billion in 2021, at a CAGR of 7.3% during the forecast period. Market growth is largely driven by the increasing number of surgical procedures, growing demand for endoscopic procedures, technological advancements, and increasing investments in endoscopy and laparoscopy facilities. However, the high cost of medical cameras is a major restraint for market growth. Product discontinuations, a shortage of trained medical professionals, and the availability of refurbished products are also major challenges limiting market growth to a certain extent.
The medical cameras market is a competitive market, with few large as well as emerging players. The prominent players in this market are Olympus Corporation (Japan), Richard WOLF GmbH (Germany), TOPCON CORPORATION (Japan), Sony Corporation (Japan), Stryker Corporation (US), Danaher Corporation (US), Canon Inc. (Japan), Carl Zeiss AG (Germany), Smith & Nephew (UK), Carestream Dental LLC (US), Basler AG (Germany), ATMOS Medizintechnik GmbH & Co. KG. (Germany), IMPERX, Inc. (US), IDS Imaging Development Systems GmbH (Germany), Optomed Plc (Finland), and HAAG-STREIT GROUP (Switzerland).
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OLYMPUS CORPORATION (JAPAN)
Olympus Corporation is one of the leading providers of medical cameras. The company has established itself as one of the leading players in the medical cameras market with a wide distribution network worldwide. The company offers camera heads widely used across various specialties, including general surgery, ENT, urology, and OR integration. The company has a geographical presence in more than 39 countries with the help of its subsidiaries and distributor network. Additionally, the company has more than 20,000 patents across its product portfolio.
RICHARD WOLF GMBH (GERMANY)
Richard Wolf GmbH is a prominent player in the medical cameras market. The companys leading position can be attributed to its strong brand recognition and extensive product portfolio in this market. Richard Wolf’s 100 years of experience in manufacturing medical cameras gives it a cutting edge over other players operating in this market.
Medical Cameras Market by Camera Type (Endoscopy Cameras, Ophthalmology Cameras, Dermatology Cameras), Resolution (HD Cameras, SD Cameras), Sensor (CMOS, CCD), End-Users (Hospitals & Ambulatory Surgery Centers, Specialty Clinics) - Global Forecast to 2026
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