A recent report published by Infinium Global Research on medical cameras and microscopes market provides in-depth analysis of segments and sub-segments in global as well as regional medical cameras and microscopes market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional medical cameras and microscopes market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global medical cameras and microscopes market. According to report, the global medical cameras and microscopes market is projected to grow at a CAGR of 4.4% over the forecast period of 2018-2024.

Market Insight

Medical cameras is an imaging technique used to correct diagnosis and treatment for doctors or surgeons. It used widely used in medical imaging applications and devices. Medical microscopes are ideal for the medical sector, university, and Institutional application. It used for inspecting blood and tissue samples and examine patients. These are widely used in the pathological and surgical application.

As per the world health organization, cancer is one of the most common causes of death, with nearly 7 million deaths each year worldwide. There will be 16 million new cancer cases is projected up to 2020 and 10 million cancer deaths every year. Rapid growing geriatric population over the world along with rising prevalences of chronic diseases such as cancer to increase the demand for pathological microscopes. Moreover, growing the use of medical camera and microscopes for surgeries such as neurosurgeries, ophthalmology across the globe is the key factor driving the growth of medical cameras and microscopes market. Technological advancement has also supported the growth of the market over the forecast period. However, the excise tax on medical devices is expected to restrain the growth of the market. Ongoing research and development activities in medical cameras and microscopes and increasing healthcare expenditure creating growth opportunities for the medical cameras and microscopes market.

Among the geographies, North America accounted for the largest market share in this market. Rapid growing population and rising the occurrence of cancer, on-going innovations in the medical cameras and microscopes are some of the factors which boost the market in this region. The Asia-Pacific is the fastest growing region in this market over the forecast period owing to the increasing healthcare expenditure. China held the largest region for medical cameras and microscopes market in the APAC region.

Segment Covered

The report on global medical cameras and microscopes market covers segments such as type and end user. On the basis of type the global medical cameras and microscopes market is categorized into cameras type and microscopes type. On the basis of end user the global medical cameras and microscopes market is categorized into hospitals, dental clinics, physician clinics, ambulatory surgical centers and others (research institutes).

Geographic Coverage

The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. 

The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2018-2024.

Companies Profiled:

The report provides profiles of the companies in the global medical cameras and microscopes market such as Olympus Corporation, Carl Zeiss Meditec, Nikon Corporation, Leica Microsystems, Danaher Corporation, Allied Vision GmbH, Topcon Corporation, SPOT Imaging Solutions, Stryker Corporation, and JOEL Ltd.

Report Highlights:

The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global medical cameras and microscopes market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of medical cameras and microscopes market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the medical cameras and microscopes market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the medical cameras and microscopes market to understand the present and future trends in this market and formulate their strategies accordingly.