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Surgical Camera Market Expected to Reach USD 6,234.2 Million By 2028

Market Summary The Surgical Camera Market is anticipated to experience a growth rate of 9.20% in terms of value from 2020, with the expectation of reaching a total of USD 6,234.2 Million by 2028. Surgical cameras are specialized devices tailored for various medical procedures. They are designed to aid surgeons in examining internal conditions of patients and conducting surgical procedures. During surgery, surgeons require optimal visibility to achieve precision, and surgical cameras are designed to provide clear imaging even in deep incisions. They enhance visualization for medical professionals and automate surgical tasks, reducing procedure time and enhancing the likelihood of success.
The global surgical camera market is expanding due to the increasing number of surgical procedures worldwide, with surgical cameras being essential for complex and major surgeries, both open and minimally invasive. The growth is further fueled by improved healthcare facilities in developing regions, increased healthcare awareness, evolving surgical patterns, government support, and the rising use of surgical units in healthcare centers. Hospitals lead the market among end-users due to the incorporation of numerous surgical departments. Medical stores and brand outlets dominate the market, but online retailing is expected to experience significant growth. North America's market growth is attributed to the adoption of minimally invasive surgical procedures and increased healthcare spending.
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Key Report Highlights
• Regional and country-specific statistics for the global surgical camera market from 2020 to 2028.
• Market size estimation with historical and projected trend analysis.
• Analysis of various camera types.
• Examination of regional regulatory frameworks.
• Analysis of ongoing developments.
• Mapping of regional ambulatory care service prevalence.
• Analysis of demand and supply gaps.
• Competitive pricing strategies of regional competitors.
• Market share analysis for leading industry players.
• Strategic recommendations for newcomers.
• Market trends analysis, including drivers, constraints, opportunities, threats, challenges, investment opportunities, and recommendations.
• Strategic recommendations for key business segments based on market estimations.
• Competitive landscape analysis highlighting common trends.
• Company profiles with detailed strategies, financial information, and recent developments.
Key Trends in the Surgical Camera Market
• Surgical departments in Asia Pacific countries have grown, reducing the need for patients to seek surgery abroad. The increase in surgical units and the extensive use of surgical cameras are driving market growth.
• Infrared surgical cameras enable real-time identification of malignant tissue and brain mapping with minimal risk, expanding possibilities in medical surgeries.
• High costs of advanced surgical cameras and alternative therapies limit market growth. Some healthcare centers opt for older camera systems.
• The endoscopy camera sub-segment, used for minimally invasive surgeries, is experiencing significant growth.
Key Companies Profiled
• Sony Corporation
• Richard Wolf GmbH
• Olympus Corporation
• Carl Zeiss AG
• Smith & Nephew PLC
• Leica Microsystems
• Allied Vision Technologies GmbH
• Canon Inc.
• Sensor Technologies America, Inc.
• Videology Imaging Solutions, Inc.
Market Insights
• The global surgical camera market was valued at USD 2.53 Billion in 2018, with a forecasted growth to USD 6,234.2 Million by 2028.
• Clinics and dental chambers are expected to hold a 28.5% market share by 2028, growing at a CAGR of 7.7% from 2020 to 2028.
• The HD and Full HD resolutions sub-segment is predicted to maintain a 57.3% share in 2028, with a CAGR of 10.4%.
• The Charge-Coupled Devices (CCD) sub-segment is expected to grow at a CAGR of 6.6%.
• Hospitals are incorporating surgical cameras to enhance surgical fidelity, with a projected market share of 49.8% by 2028 and a CAGR of 9.5% from 2020 to 2028.
Report Segments
• The report provides revenue growth forecasts at global, regional, and country levels.
• Segmentation is based on sensor type, sales channel, resolution, type, end-users, and region.
Sensor Type Outlook (Revenue, USD Billion; 2020-2028)
Sales Channel Outlook (Revenue, USD Billion; 2020-2028)
• Online Retailing
• Medical Stores and Brand Outlet
Resolution Outlook (Revenue, USD Billion; 2020-2028)
• SD
• HD and Full HD
• Ultra HD
Type Outlook (Revenue, USD Billion; 2020-2028)
• Endoscopy Cameras
• Microsurgery Cameras
• Dermatology Cameras
• Ophthalmology Cameras
• Dental Cameras
End-Users Outlook (Revenue, USD Billion; 2020-2028)
• Hospitals
• Clinics and Dental Chambers
• Ambulatory Surgical Center
• Others
Regional Outlook (Revenue, USD Billion; 2020-2028)
• North America (U.S)
• Europe (U.K, France)
• Asia Pacific (China, India, Japan)
• Latin America (Brazil)
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