MEDICAL CAMERA MARKET ANALYSIS
Global Medical Camera Market: Drivers
Rising research and development for new technology in medical imaging is expected to boost medical camera market size. High-resolution images are the result of technologically sophisticated cameras. For instance, in September 2017, the scientists at the University of Edinburgh, Scotland, developed a medical camera that can see through the human body. These cameras are developed to track down the endoscopy devices for the investigation of internal conditions.
Increasing funding by government agencies for development of healthcare infrastructure and medical equipment is also expected to expand the medical camera market growth. According to U.S. National Health Expenditure Accounts (NHEA) 2017 reports, the U.S. has spent US $54.4 billion on the durable medical equipment in 2017. Furthermore, the medical camera market size is expanding, owing to use of medical cameras in various applications in endoscopy such as gastroscopy, colonoscopy, bronchoscopy, and laryngoscopy.
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