Medical camera market projects 7.9% CAGR until 2028
The growth is due to the continuous advancements in medical technology.
The global medical camera market is expected to be worth $5.32b in 2028 with a compound annual growth rate (CAGR) of 7.9%, according to Adroit Market Research.
The report revealed that the market’s expansion is attributed to continuous advancements in medical technology, a growing demand for minimally invasive surgeries, and an increased awareness of the advantages of early disease detection.
“In numerous medical fields such as endoscopy, dermatology, ophthalmology, dental imaging, and other relevant applications, medical cameras have found widespread usage,” the report said.
Meanwhile, endoscopy cameras are expected to lead amongst the various cameras available in the market with an anticipated adoption surge in hospitals and clinics.
“Similarly, the complementary metal-oxide-semiconductor (CMOS) sensor is projected to occupy a commanding position in the global medical camera market,” the report added.