Throughout this medical market research, the publisher analyzed 16 video endoscopy companies in Canada and utilized their comprehensive methodology to understand the Market Sizes, Unit Sales, ASPs, Company Market Shares, and to create accurate forecasts.
While this MedSuite report contains all of the Canadian Video Endoscopy market analysis, each of the market segments is also available as stand-alone MedCore reports.
Markets Covered
Canadian Video Endoscopy Market Insights
Growth in the market has been primarily driven by the conversion of the HD installed base to 4K technology. 4K surgical cameras offer a superior image compared their HD counterparts. 4K resolution features four times the number of pixels compared to HD, which is very beneficial for enhanced zooming capabilities and for situations where the surgeon can’t directly see the tissue being operated on, like during minimally invasive surgery.
The Canadian healthcare system is limited by government spending on healthcare. Since the majority of the system operates in the public space, provincial healthcare budgets dictate the market. This results in a hesitance to invest in new, more expensive technologies and generally reduces unit sales of capital equipment.
Overall, the Canadian video endoscopy market was valued at $59.3 million in 2019. This is expected to increase over the forecast period at a CAGR of 2.3% to reach $69.4 million.
While this MedSuite report contains all of the Canadian Video Endoscopy market analysis, each of the market segments is also available as stand-alone MedCore reports.
Markets Covered
- Surgical Camera System Market - MedCore
- Image Management Device Market - MedCore
- Display and Monitors Market - MedCore
- Medical Photo Printer Market - MedCore
- Surgical Light Source Market - MedCore
Canadian Video Endoscopy Market Insights
Growth in the market has been primarily driven by the conversion of the HD installed base to 4K technology. 4K surgical cameras offer a superior image compared their HD counterparts. 4K resolution features four times the number of pixels compared to HD, which is very beneficial for enhanced zooming capabilities and for situations where the surgeon can’t directly see the tissue being operated on, like during minimally invasive surgery.
The Canadian healthcare system is limited by government spending on healthcare. Since the majority of the system operates in the public space, provincial healthcare budgets dictate the market. This results in a hesitance to invest in new, more expensive technologies and generally reduces unit sales of capital equipment.
Overall, the Canadian video endoscopy market was valued at $59.3 million in 2019. This is expected to increase over the forecast period at a CAGR of 2.3% to reach $69.4 million.
Table of Contents
LIST OF FIGURESLIST OF CHARTSEXECUTIVE SUMMARYCANADIAN VIDEO ENDOSCOPY MARKET OVERVIEWCOMPETITIVE ANALYSISMARKET TRENDSMARKET DEVELOPMENTSMARKETS INCLUDEDVERSION HISTORYABBREVIATIONS
RESEARCH METHODOLOGY
PRODUCT ASSESSMENT
CANADIAN VIDEO ENDOSCOPY MARKET OVERVIEW
SURGICAL CAMERA SYSTEM MARKET
IMAGE MANAGEMENT DEVICE MARKET
SURGICAL LIGHT SOURCE MARKET
MEDICAL PHOTO PRINTER MARKET
SURGICAL DISPLAY MARKET
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Arthrex
- Barco
- CONMED
- Depuy Synthes
- EIZO
- FSN Medical Technologies
- Karl Storz
- LG
- Mitsubishi
- NDS Surgical Imaging
- Olympus
- Pentax
- Richard Wolf
- Smith & Nephew
- Sony
- Stryker
