In 2022, the global market for wireless surgical cameras is expected to be worth $75.1 million. Demand is expected to grow 7.4% per year to $153.3 million by 2032. According to a recent Future Market Insights (FMI) study, head mount wireless surgical cameras will account for approximately 43.2% of the market in 2021.
Rising surgical operations, increased demand for endoscopic procedures, and increased investment in endoscopy and laparoscopy facilities are expected to drive market sales. Meanwhile, the high cost of medical cameras is a significant impediment to industry growth. Product discontinuations, a shortage of qualified medical personnel, and the availability of refurbished equipment are all significant barriers that, in some cases, limit market sales.
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Non-invasive surgeries are preferred by older patients because they have fewer complications than traditional procedures (mostly employing endoscopes and microscope surgical cameras). Rapid growth in the healthcare sector, as well as the development of system-integrated technologies for tether-free device application during surgery, has prompted market players to invest in providing solutions for the concomitantly high demand for minimally invasive surgical procedures.
“Growing preference for minimally invasive surgical procedures, along with rising adoption of connective-technology based high resolution wireless surgical cameras across emerging economies will augment the growth in the market,” says and FMI analyst.
Key Takeaways:
- The head mount wireless surgical cameras segment will dominate the market in terms of product type. In 2021, the segment held nearly 43.2% of the total market share.
- In terms of end user, hospital sales will grow at a 7.3% CAGR during the forecast period.
- Because of the high demand for AI-based surgical cameras, the United States will continue to dominate the North American wireless surgical cameras market over the forecast period.
- During the assessment period, Germany will account for the lion’s share of the Europe wireless surgical cameras market.
- Japan and China will emerge as highly profitable markets for East Asia wireless surgical cameras.
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Competition Landscape
Key players operating in the global wireless surgical cameras market are investing technological advancements to enable advanced imaging and operating room connectivity. To obtain this, players are collaborating with medical and research institutes to provide a comprehensive range of products encompassing minimally invasive imaging technologies. For instance:
- In September 2021, Hillrom to continue advancing Connected Care™ as part of Baxter; combination to transform the global healthcare landscape.
- In March 2022, Lazurite’s ArthroFree™ wireless camera system for minimally invasive surgery receives FDA market clearance.
What Does the Report Cover?
Future Market Insights offers a unique perspective and actionable insights on the wireless surgical cameras market in its latest study, presenting a historical demand assessment of 2017 – 2021 and projections for 2022 – 2032.
The research study is based on the product – (head mount wireless surgical cameras, endoscopic wireless surgical cameras, and surgical light mounted wireless surgical cameras), by procedure (arthroscopy, laparoscopy, cosmetic procedures, dental, and others (otolaryngology (ENT), urology, and cosmetic)), by the end user (hospitals, speciality clinics, and ambulatory surgical centres), across seven key regions of the world.
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Key Market Segments Covered in Wireless Surgical Cameras Industry Research
By Product:
- Head Mount Wireless Surgical Cameras
- Endoscopic wireless surgical Cameras
- Surgical Light Mounted Wireless Surgical Cameras
By End User:
- Hospitals
- Speciality Clinics
- Ambulatory Surgical Centers
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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