888-776-0942 from 8 AM - 10 PM ET

Medical Camera Manufacturers Launching Innovative HD Products to Gain a Strong Foothold in the Industry

Fact.MR offers comprehensive study on the global medical camera market for the forecast period of 2021 and 2031. The report provides in-depth analysis covering key growth factors such as trends, opportunities, key players' strategies, and demand outlook. In addition to this, the study analyzes latest trends across various segments such as type, sensor, resolution, and end-user across key regions.

NEW YORK , Sept. 13, 2022 /PRNewswire/ -- The global medical camera market is set to expand 1.4x between 2021 and 2031 to reach a valuation of US$ 5 Billion by 2031, according to Fact.MR. The market is likely to be driven by caused by growing use of medical cameras in various aspects of healthcare treatment.

Medical cameras are now required throughout an increasing number of surgical procedures. The spurt in geriatric population and the rise in chronic diseases' prevalence has increased the demand for various types of medical equipment, including medical cameras. For instance, in 2019, there were 703 million people worldwide who were 65 or older, according to the United Nations (UN). In 2050, it is predicted that there will be 1.5 billion seniors worldwide.

Older patients prefer non-invasive operations since they have fewer complications than traditional surgeries (mostly employing endoscope and microscope surgical cameras). Hence, demand in the market is predicted to surge at 4% CAGR over the upcoming decade.

Get A Sample Copy of this Report!

https://www.factmr.com/connectus/sample?flag=S&rep_id=6636

Sales of medical cameras are also likely to increase as a result of growing spending on healthcare across the globe. Numerous countries such as the U.S., India , Germany , and the U.K. are now allocating a higher percentage of their GDP to healthcare spending. For instance, according to the National Health Account Estimate, the India government's health expenditure share in GDP increased from 1.15% to 1.35% in 2021.

Get Customize Report as per Your Requirements!

https://www.factmr.com/connectus/sample?flag=RC&rep_id=6636

The efficacy of medical cameras is widely known among end-users, however, high cost is limiting adoption. To address this challenge, market players are focusing on launching innovative products, built from affordable and easy to source components. The prominent players are also focusing on improving the functionality of their products to cater to critical surgical procedures.

Key Questions Covered in the Medical Camera Market Report:

Key Companies Profiled by Fact.MR

Interested to Procure The Data? Inquire here

https://www.factmr.com/connectus/sample?flag=EB&rep_id=6636

More Valuable Insights on Medical Camera Market

In the latest study, Fact.MR offers a detailed study on global medical camera market for the forecast period of 2021 to 2031. This study also highlights key drivers promoting the sales of medical camera with analysis across below segments:

Explore More on Fact.MR's Healthcare Domain:

Diagnostic Imaging Centers Market: The global market for diagnostic imaging centers is expected to grow at a CAGR of 5.2%. The market is currently worth US$ 83 billion , and by the end of 2027, it is expected to be worth US$ 107 billion . There has been a significant increase in the prevalence of chronic diseases, which has raised demand for diagnostic imaging services.

Neurology Diagnostics Devices Market: The market for neurology diagnostics devices was valued at US$ 8.24 billion by the end of 2021, and by 2032, it is expected to have grown to US$ 21.1 billion , with a CAGR of 8.9%. Rising incidence of neurological problems and the increased emphasis on early diagnosis with the use of dependable and secure technology for neurological therapy have both favourable impacted sales of neurology diagnostics equipment.

Electrical Stimulation Devices Market: Currently valued at US$ 7.5 billion , the electrical stimulation devices market is expected to grow to US$ 11 billion by 2027. As more individuals become aware of their potential and efficacy, demand for electrical stimulation techniques for pain rehabilitation and training is dramatically increasing.

Dental Cameras Market: Global demand for dental cameras is expected to increase at a CAGR of 11.7% from 2022 to 2027. North America dominates the market with a share of around 50% of global market.

Check it Out More Reports by Fact.MR on Healthcare Industry

https://www.factmr.com/industry/healthcare

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range – from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories. We are committed to deliver insights that help businesses gain deeper understanding of their target markets. We understand that making sense of the vast labyrinth of data can be overwhelming for businesses. That's why focus on offering insights that can actually make a difference to bottom-lines.

Specialties: Competition Tracking, Customized Research, Syndicated Research, Investment Research, Social Media Research, Business Intelligence, Industry Analysis, Thought Leadership.

Contact:  Mahendra Singh US Sales Office 11140 Rockville Pike Suite 400 Rockville, MD 20852 United States Tel: +1 (628) 251-1583, +353-1-4434-232 E: [email protected]

Follow Us: LinkedIn | Twitter | Blog

Logo: https://mma.prnewswire.com/media/713666/FactMR_Logo.jpg

More news releases in similar topics

Cision Distribution 888-776-0942 from 8 AM - 9 PM ET