The size of the European Medical Cameras Market was worth USD 0.82 Billion in 2022. It is estimated to be growing at a CAGR of 8.9% and value USD 1.25 Billion by 2027 during the forecast period 2022 to 2027.
The growing demand for medical operations requiring Medical Cameras, expanding technical breakthroughs, favorable government policies, and significant investment in research and development, among other factors, are driving the Europe Medical Camera market.
The majority of businesses contribute significantly to the growth of the medical camera market. Care stream Health, Olympus Corporation, and Stryker Corporation are among the market's prominent participants. The market is highly consolidated, with enterprises that have outperformed the market in economic success.
These corporations possess commanding shares in their industries due to implementing many tactics such as mergers and acquisitions activity, strategic relationships with several research institutes, and brand loyalty. Other market factors include the leading brands' popularity, which makes them less sensitive to rising pricing, a concentrated market characteristic.
However, high market dynamics and concentration are due to the predicted arrival of new competitors with fresh and sophisticated technologies. In addition, the market is growing due to an increase in the geriatric population, an increase in the frequency of susceptible illnesses, and a considerable increase in age-related concerns.
High sensitivity and high dynamic range sensors are properties of manufactured devices utilized in various medical applications. Furthermore, these gadgets are simple to use and set up. These are the high-resolution precision cameras commonly used in the digital inspection and laboratory settings.
Health risks from radiation exposure, the expensive cost of equipment, and workers' lack of understanding of how to use the devices are all challenges that limit the market.
Many organizations experienced losses owing to failed quality checks and processes, which slowed the expansion of the medical camera industry. For example, Japanese camera firms struggled for survival in 2018, but they suffered a setback when their sales fell by over 80%. Furthermore, some radioisotopes utilized in the production of medical camera equipment need a rigorous proctoring process. For body imaging, Technetium-99m is being used in gamma cameras and SPECT (a compassionate approach for detecting parathyroid adenomas in the human body). Such factors are stifling the market's expansion.
This research report on the European medical camera market has been segmented & sub-segmented into the following categories:
By Camera Type:
By Product:
By Sensor Type:
By Country:
Geographically, the Europe is the world's second-largest market for life science device innovations, thanks to an aging population and liberal government restrictions that have aided industry growth. However, due to economic uncertainty and political upheaval in recent years, this area is likely to expand slowly throughout the projection period.
Increase in the number of healthcare facilities, economic growth in this area, rapid technological breakthroughs, and increased healthcare spending are the factors that contribute to the European medical camera market's strong growth rate.
During the projection period, the United Kingdom medical camera market will continue to dominate the market in this area. However, the advent of life-threatening illnesses on their own, such as the current Coronavirus epidemic, is predicted to increase demand for medical equipment. In addition, chronic diseases such as cancer and diabetes are on the rise due to a lack of physical activity, long working hours, and unhealthy eating habits.
The Germany medical camera market have the most significant European market share, following the UK. As a result, the demand for medical cameras in hospitals is expected to rise as high-definition visuals become increasingly prevalent during surgical procedures. The market's growth is also fueled by increasing surgeries across the country.
KEY MARKET PLAYERS
Notable companies operating in the European Medical Camera 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).,
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Products
5.1.1 Microscopes
5.1.2 Medical Cameras
5.1.3 Y-o-Y Growth Analysis, By Products
5.1.4 Market Attractiveness Analysis, By Products
5.1.5 Market Share Analysis, By Products
5.2 Camera Type
5.2.1 Endoscopy Cameras
5.2.2 Dermatology Cameras
5.2.3 Ophthalmology Cameras
5.2.4 Dental Cameras
5.2.5 Surgery Microscopy Cameras
5.2.6 Y-o-Y Growth Analysis, By Camera Type
5.2.7 Market Attractiveness Analysis, By Camera Type
5.2.8 Market Share Analysis, By Camera Type
5.3 Sensor Type
5.3.1 Charged Couple Device
5.3.2 Complementary Metal Oxide Semiconductor
5.3.3 Y-o-Y Growth Analysis, By Sensor Type
5.3.4 Market Attractiveness Analysis, By Sensor Type
5.3.5 Market Share Analysis, By Sensor Type
5.4 End User
5.4.1 Hospitals
5.4.2 Diagnostic Centers
5.4.3 Specialty Clinics & Ambulatory Surgery Centers
5.4.4 Y-o-Y Growth Analysis, By End User
5.4.5 Market Attractiveness Analysis, By End User
5.4.6 Market Share Analysis, By End User
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Products
6.1.3.2 By Camera Type
6.1.3.3 By Sensor Type
6.1.3.4 By End User
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Products
6.1.4.2 By Camera Type
6.1.4.3 By Sensor Type
6.1.4.4 By End User
6.1.5 Market Share Analysis
6.1.5.1 By Products
6.1.5.2 By Camera Type
6.1.5.3 By Sensor Type
6.1.5.4 By End User
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Haag-Streit USA
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Danaher Corporation
8.3 Carl Zeiss Meditec AG
8.4 Allied Vision GmbH
8.5 Topcon Corporation
8.6 Nikon Corporation
8.7 SPOT Imaging Solutions
8.8 JOEL Ltd.
8.9 Stryker Corporation
8.10 Olympus Corporation
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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