+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free
Published Date: 2015-09-22Number of Pages: 83

Medical Cameras and Microscopes Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023

Medical Cameras and Microscopes Market: Snapshot  

The consolidated medical cameras and microscopes market has been witnessing steady growth over the years and a number of high-quality products with advanced technology are available today. Substantial investment in research and development and the implementation of favorable acts and laws have supported the growth of the medical cameras and microscopes market and will continue to do so in the years to come.

The global market for medical cameras and microscopes is poised to expand at a 4.0% CAGR from 2015 to 2023, rising from a value of US$942.6 mn in 2014 to US$1.3 bn by the end of the forecast period.

Surgical Microscope Cameras Witnessing Substantial Demand

The market is bifurcated on the basis of product into medical cameras and microscopes. Microscopes accounted for a larger share in 2014 and the segment is projected to expand at the fastest pace during the forecast period. The high growth rate of the microscopes segment can be attributed to the rising demand for the same for various medical applications as a result of an increasing percentage of geriatric population suffering from different diseases.

Medical cameras are used in a number applications: endoscopy, ophthalmology, surgery, dermatology, dental, and pathology. Surgical microscope cameras led the market for medical cameras in 2015 with ophthalmology cameras registering the highest CAGR from 2015 to 2023. The growing demand for minimally invasive surgeries is a key factor driving the demand for medical cameras.

U.S. Surges Ahead of Canada in North America Medical Cameras and Microscopes Market

The global market for medical cameras and microscopes is segmented on the basis of geography into North America, Latin America, Europe, Asia Pacific, and Rest of the World. North America is the leading revenue generator in the medical cameras and microscopes market and is likely to retain its lead throughout the forecast period. Within the North America market, the U.S. is the most prominent contributor owing primarily to the rising proportion of aged population and the increasing prevalence of diseases such as cancer. The Centers for Disease Control and Prevention states that as of 2012, around 117 million Americans were diagnosed and living with one or more chronic health conditions. The National Cancer Institute has found that in 2015, an estimated 1,658,370 new cases of cancer were diagnosed in the U.S., with a mortality of 589,430. The medical cameras and microscopes market in Canada, on the other hand, lags behind owing to the lack of medical device expertise and insufficient investment in the sector.

The Asia Pacific medical cameras and microscopes market is projected to expand at the fastest pace over the course of the forecast period, with China emerging as the leading contributor. Factors such as a rise in healthcare expenditure, the growing geriatric population, and increasing awareness in several developing countries are likely to contribute toward the expansion of the Asia Pacific medical cameras and microscopes market. Japan boasts of a burgeoning market for medical devices and materials and as a result, the country is expected to present lucrative opportunities for players in the medical cameras and microscopes market.

Some of the leading companies in the global market are 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).


Chapter 1 Introduction
1.1 Report Description
1.2 Research Methodology
1.3 Market Segmentation

Chapter 2 Executive Summary
2.1 Market Snapshot: Medical Cameras Market

Chapter 3 Medical Cameras Market Overview
3.1 Introduction
3.2 Market Dynamics
      3.2.1 Drivers
      3.2.2 Restraints
      3.2.3 Opportunities
3.3 Porter’s Five Forces Analysis: Medical Cameras Market
      3.3.1 Bargaining power of suppliers 
      3.3.2 Bargaining power of buyers
      3.3.3 Threat of substitutes
      3.3.4 Threat of new entrants 
      3.3.5 Competitive rivalry
3.4 Industry Trends, Past and Future: Medical Cameras Market
3.5  Pricing Analysis:  Microscope 
3.6 Pricing Analysis: Medical Cameras
3.7 Competitive Landscape
      3.7.1 Market Share Analysis: Microscopes and Medical Cameras Market, by Key Players (%), 2014

Chapter 4 Medical Cameras Market Revenue, by Product Type, 2012 - 2014 (USD Million)
4.1 Introduction
4.2 Endoscopy cameras
4.3 Dermatology cameras
4.4 Ophthalmology cameras
4.5 Dental cameras
4.6 Surgical Microscope Cameras, by Specialty
      4.6.1 Ophthalmology
      4.6.2 ENT
      4.6.3 Neurosurgery
      4.6.4 Others
4.7 Pathology Microscope Cameras, by End Users
      4.7.1 Hospital Laboratories
      4.7.2 Diagnostic Laboratories
      4.7.3 Physician Offices

Chapter 5 Microscopes Market Revenue, by Product Type, 2012 - 2014 (USD Million)
5.1 Introduction
5.2 Surgical Microscopes, by Specialty
      5.2.1 Ophthalmology
      5.2.2 ENT
      5.2.3 Neurosurgery
      5.2.4 Others
5.3 Pathology Microscopes, by End Users
      5.3.1 Hospital Laboratories
      5.3.2 Diagnostic Laboratories
      5.3.3 Physician Offices

Chapter 6 Global Medical Cameras and Microscopes Market, by Geography, 2012 - 2014 (USD Million)
6.1 North America
      6.1.1 U.S.
      6.1.2 Canada
6.2 Europe
      6.2.1 Germany
      6.2.2 U.K.
      6.2.3 Rest of Europe
6.3 Asia Pacific (APAC)
      6.3.1 Japan
      6.3.2 China
      6.3.3 Rest of APAC
6.4 Latin America (LATAM)
      6.4.1 Brazil
      6.4.2 Mexico
      6.4.3 Rest of LATAM
6.5 Rest of the World (RoW)
      6.5.1 Middle East and North Africa
      6.5.2 South Africa
      6.5.3 Russia
      6.5.4 Rest of  RoW

Chapter 7 Recommendations
7.1 Focus on product innovation to enhance offerings
7.2 Barriers to success

Chapter 8 Company Profiles
8.1 Carl Zeiss Meditec AG
      8.1.1 Company Overview
      8.1.2 Financial Overview
      8.1.3 Product Portfolio
      8.1.4 Business Strategies
      8.1.5 Recent Developments
8.2 Olympus Corporation
      8.2.1 Company Overview
      8.2.2 Financial Overview
      8.2.3 Product Portfolio
      8.2.4 Business Strategies
      8.2.5 Recent Developments
8.3 Danaher Corporation(Leica Microsystems)
      8.3.1 Company Overview
      8.3.2 Financial Overview
      8.3.3 Product Portfolio
      8.3.4 Business Strategies
      8.3.5 Recent Developments
8.4 Nikon Corporation
      8.4.1 Company Overview
      8.4.2 Financial Overview
      8.4.3 Product Portfolio
      8.4.4 Business Strategies
      8.4.5 Recent Developments
8.5 Hag-Streit USA
      8.5.1 Company Overview
      8.5.2 Financial Overview
      8.5.3 Product Portfolio
      8.5.4 Business Strategies
      8.5.5 Recent Developments
8.6 Stryker Corporation
      8.6.1 Company Overview
      8.6.2 Financial Overview
      8.6.3 Product Portfolio
      8.6.4 Business Strategies
      8.6.5 Recent Developments
8.7 JOEL Ltd.
      8.7.1 Company Overview
      8.7.2 Financial Overview
      8.7.3 Product Portfolio
      8.7.4 Business Strategies
      8.7.5 Recent Developments
8.8 SPOT Imaging Solutions
      8.8.1 Company Overview
      8.8.2 Financial Overview
      8.8.3 Product Portfolio
      8.8.4 Business Strategies
      8.8.5 Recent Developments
8.9 Allied Vision GmbH
      8.9.1 Company Overview
      8.9.2 Financial Overview
      8.9.3 Product Portfolio
      8.9.4 Business Strategies
      8.9.5 Recent Developments
8.10 Topcon Corporation
      8.10.1 Company Overview
      8.10.2 Financial Overview
      8.10.3 Product Portfolio
      8.10.4 Business Strategies
      8.10.5 Recent Developments

Microscopes are widely used in surgical and pathological applications. With the increase in the geriatric population across the globe and prevalence of diseases among them there is an increase in the medical procedures performed. The market for pathological microscopes is driven by increasing demand from diagnostic labs and physician offices with increasing workload. Moreover, the increasing incidence of cancer propels the market. With the increase in the number of ENT surgeries, Neurosurgeries and ophthalmology surgeries across the globe there is boost in the demand for surgical microscopes and microscope cameras as well. Apart from the demographic shifts, the technological advancements also propel the market for medical cameras and microscopes.

The global medical cameras and microscopes market estimates are based on the microscopes and medical cameras market by product type. The microscopes market is further segmented as surgical and pathology microscopes. Surgical microscopes market is sub-segmented by applications as ophthalmology, ENT, neurosurgery and others. The pathology microscopes market is sub-segmented by end-users as hospital laboratories, diagnostic laboratories and physician offices. The medical cameras market is sub-segmented by type as, endoscopy, dental, dermatology, ophthalmology, surgical microscope and pathology microscope. The microscopes accounted for highest market share of around 51%, of which surgical microscopes market was at the forefront with 90% market share. Geographically, the market has been studied and estimated for five regions: North America, Europe, Asia Pacific, Latin America and Rest of the World.

The market overview section of the report demonstrates major market dynamics such as drivers, restraints, and opportunities that influence the current and future status of the industry. The market overview section includes market attractiveness analysis by geography to provide a thorough analysis of the overall competitive scenario in the global medical cameras and microscopes market. The market overview section of the report also includes the qualitative and quantitative analysis of the competitive landscape.

Market share analysis is also provided in the market overview section of the report for 2014 in terms of value (%). The report also provides important recommendations for market players and new entrants. These recommendations would enable existing market players to expand their market share and help new companies establish their presence in the medical cameras and microscopes market across the globe. The report concludes with the company profiles section, which includes key information about major players in the market such as financial overview, business strategies, and recent developments. Some of the major players in this market are Carl Zeiss Meditec AG (Germany), Olympus Corporation (Japan), Danaher Corporation (U.S.), Nikon Corporation (Japan), Haag-Streit USA (U.S.), Stryker Corporation (U.S.), JOEL Ltd. (Japan), SPOT Imaging Solutions (U.S.), Allied Vision GmbH (Germany), and Topcon Corporation (Japan).

The global medical cameras and microscopes market has been segmented as follows:

  • Global Medical Cameras Market, by Type
    • Endoscopy Cameras
    • Dermatology Cameras
    • Ophthalmology Cameras
    • Dental Cameras
    • Surgical Microscope Cameras
      • Ophthalmology
      • ENT
      • Neurosurgery
      • Others
    • Pathology Microscope Cameras
      • Hospital Laboratories
      • Diagnostic Laboratories
      • Physician Offices
  • Global Microscopes Market, by Type
    • Surgical Microscopes
      • Ophthalmology
      • ENT
      • Neurosurgery
      • Others
    • Pathology Microscopes
      • Hospital Laboratories
      • Diagnostic Laboratories
      • Physician Offices
  • Global Medical Cameras and Microscopes Market, by Geography
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • U.K.
      • Rest of Europe
    • Asia Pacific (APAC)
      • Japan
      • China
      • Rest of APAC
    • Latin America (LATAM)
      • Brazil
      • Mexico
      • Rest of LATAM
    • Rest of the World (RoW)
      • Middle East and North Africa
      • South Africa
      • Russia
      • Rest of RoW