Endoscope Camera Heads Market: Overview
Endoscope camera head is a visualization
system used for medical diagnosis. It helps in viewing the internal body
parts. Endoscope camera head provides HD image of the body which is
transferred to the screen for viewing the image. Endoscopy procedures
are performed by inserting a rod shaped telescope called endoscope and
specialized instruments through small incisions in the body. These
procedures can be diagnostic as well as operative in nature, and are
used in a number of medical surgeries. Endoscopy procedures are
minimally invasive, and hence have obvious advantages over open
surgeries. Lesser scars, quick recovery, shorter hospital stay, reduced
blood loss, and minimal chances of infection are the key factors driving
demand for endoscopy surgeries.
The global endoscope camera heads market
is driven by rise in prevalence of intestinal disorders and increase in
the geriatric population. Moreover, surge in technological innovations
and investment by public and private sectors for the advancement of
health care are projected to boost the market during the forecast
period. For instance, multinational companies such as Panasonic, Cannon,
and Sony have made significant investments in the endoscopy market in
the past few years. These conglomerates have invested in companies that
already have presence in the endoscopy market. In 2014, Covidien
completed the acquisition of Given Imaging Ltd., a leader in capsule
endoscopy with its flagship product PillCam. Additionally, increase in
the number of surgeries such as urological, cardiovascular,
neurological, and arthroscopy is expected to drive the market during the
forecast period. Endoscopes are used in the diagnosis and treatment of
diseases related to urinary tract such as incontinence, frequent urinary
tract infection, kidney stone, ureteropelvic junction obstruction,
urethral strictures, tumors, and cancerous growth in the urological
system. In 2012, the National Cancer Institute estimated total number of
74,690 new cases and 15,580 deaths related to bladder cancer which is
the major condition in urological cancer. However, high cost of these
devices and shortage of trained surgeons are expected to restrain the
global endoscope camera heads market in the next few years. Government
funding in emerging countries is likely to create lucrative
opportunities in the market during the forecast period.
The global endoscope camera heads market
can be segmented based on product type, technology, end-user, and
region. In terms of product type, the market can be classified into 3D
endoscope camera heads, HD endoscope camera heads, and digital endoscope
camera heads. Based on technology, the market can be bifurcated into
CMOS sensors and CCD sensors. CCD sensors can be categorized into
single-chip sensors and three-chip sensors. In terms of end-user, the
global endoscope camera heads market can be divided into hospitals,
diagnostic centers, ambulatory surgical centers, and others.
Endoscope Camera Heads Market: Regional Analysis
In terms of region, the global endoscope
camera heads market can be segmented into North America, Europe, Asia
Pacific, Latin America, and Middle East & Africa. North America
dominated the global market in 2018 owing to the presence of a
well-developed health care system. Europe constituted a large share of
the global market in 2018. Asia Pacific accounted for significant share
of the global market in 2018 due to technological advancements in health
care, rise in population, increase in the geriatric population, and
surge in the number of endoscopic procedures performed every year,
especially in China and India.
Key players operating in the global
endoscope camera heads market include Olympus Corporation, XION GmbH, B.
Braun Melsungen AG, Stryker Corporation, WISAP Medical Technology GmbH,
Richard Wolf GmbH, Maxer Endoscopy, Optomic, Inventis, and
Happersberger Otopront GmbH.
The report offers a comprehensive
evaluation of the market. It does so via in-depth qualitative insights,
historical data, and verifiable projections about market size. The
projections featured in the report have been derived using proven
research methodologies and assumptions. By doing so, the research report
serves as a repository of analysis and information for every facet of
the market, including but not limited to: Regional markets, technology,
types, and applications.
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