Technavio Announces the Publication of its Research Report – Global Medical Cameras Market 2017-2021

Technavio recognizes the following companies as the key players in the global medical cameras market: 3Gen, Carestream Health, Hamamatsu Photonics, Olympus, Stryker, and Zeiss.

Other Prominent Vendors in the market are: 3D MediVision, ACEM, Ackermann Instrumente, Arthrex, B. Braun Melsungen, Bowin Medical, Canfield Scientific, Centrel, Dino-Lite, Ecleris, Fluoptics, FotoFinder Systems, Maxerendoscopy, North-Southern Electronics, NovaProbe, OmniVision Technologies, Richard Wolf, Rudolf Riester, Sony Electronics, XotonicsMED, and Zumax Medical.

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Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is high growth potential of dermatology cameras. The technological advances in the dermatology cameras and an increase in the target population will drive the dermatology cameras segment in the coming future. Dermatology cameras are used to detect and diagnose melanomas and other skin-related diseases accurately. Also, in general, most of mutations found in melanoma are caused due to UV radiation.

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According to the report, one driver in the market is growing preference toward MIS and non-invasive techniques. Globally, owing to the technological advances in treating various diseases, surgeons prefer MIS over traditional open surgical procedures. Healthcare providers, governments, and individuals have encouraged the shift from traditional open surgical techniques, which require a longer hospital stay to MI techniques as these require a shorter hospital stay. Growing complications associated with traditional open surgeries are driving the demand for surgical cameras.

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Further, the report states that one challenge in the market is excessive cost and budget constraints. Medical cameras generate substantial revenue for any healthcare facility. Technological advances in surgeries and the shift from open surgeries to MIS have increased the need for more advanced equipment for diagnosis and treatment. Medical cameras that are used in surgeries, operating rooms, and endoscopic procedures are expensive owing to its specialized functions that help in customizing the equipment according to a surgeon's need.

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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.