The Middle East and Africa Medical Cameras Market was worth USD 0.18 Billion in 2018 and estimated to be growing at a CAGR of 7.5%, to reach USD 0.26 Billion by 2023.
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DRIVERS AND RESTRAINTS:
The key factors contributing to market growth are listed as follows:
The growing need for medical procedures which need medical cameras
Rising technological advancements, increasing investment in research and development
Favorable laws set by the government
The factors acting as hurdles for this market are:
Health hazards as a result of exposure to radiation
Insufficient skill in operating the devices among workers
The high price of equipment
REPORT SEGMENTED AS:
Based on Products:
Based on Camera type:
Surgery microscopy cameras
Based on Sensor type:
Charged coupled device (CCD)
Complimentary-metal-oxide-semiconductor (CMOS) sensors
Geographically, the market is segmented into the Middle East and Africa. The market is still in its nascent stages in the region. Factors such as the increasing number of medical procedures requiring the use of cameras, rising geriatric population and increasing investment in research and development are expected to drive the market growth in the region.
KEY MARKET PLAYERS:
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.)
Olympus Corporation (Japan)
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THE SCOPE OF THE REPORT:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with colossal growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis of prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.
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