The medical image sensor market is expected to develop at a CAGR rate of 8.33% during the forecast period to reach a market size of US$221.766 million in 2024 from US$137.215 million in 2018. The increasing number of chronical diseases like a cardio-vascular problem, lungs disease, kidney disease, and liver problems will be the leading driver of the medical image sensors market.
Furthermore, the increasing prevalence of chronic diseases which require detailed medical imaging is further projected to amplify the demand for medical imaging solutions in the coming years.
Medical image sensor market can be segmented by technology (CMOS, CCD, others), by application (endoscopy, X-ray), and by geography (Americas, Europe Middle East and Africa, and the Asia Pacific) with country-level analysis provided within each region. Due to the cheaper pricing and advanced features offered by the CMOS sensors, they are projected to acquire a substantial share in the medical image sensor market. Furthermore, the high investments in research and development of CMOS sensors are further projected to amplify this growth in the coming years.
The development of innovative technology in assembly & testing and detection instruments are helping in increasing the demand for medical image sensors in the Americas region. Asia Pacific region will see substantial growth during the forecast period. The emerging economies are investing more in the healthcare industry which is helping to increase demand for medical image sensors during the forecast period in this region.
Additionally, the report also consists of key players in the CMOS image sensor market, their financials, products and services, recent developments and strategies to increase market share. Some of the important players operating in this market are Sony Corporation, Teledyne Technologies, ON Semiconductor, and Taiwan Semiconductor Manufacturing Company Limited among others.
|Market size value in 2018||US$137.215 million|
|Market size value in 2024||US$221.766 million|
|Growth Rate||CAGR of 8.33% from 2018 to 2024|
|Forecast Unit (Value)||USD Million|
|Segments covered||Technology, Application, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||Sony Corporation, ON Semiconductor, Panasonic Corporation, Taiwan Semiconductor Manufacturing Company Limited, Sharp Corporation, STMicroelectronics, Hamamatsu Photonics K.K., TowerJazz, Teledyne Technologies|
|Customization scope||Free report customization with purchase|
The medical image sensor market has been analyzed through the following segments:
Europe Middle East and Africa
Frequently Asked Questions (FAQs)
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. MEDICAL IMAGE SENSOR MARKET BY TECHNOLOGIES
6. MEDICAL IMAGE SENSOR MARKET BY APPLICATION
7. MEDICAL IMAGE SENSOR MARKET BY GEOGRAPHY
7.1.1. United States
7.2. Europe Middle East and Africa
7.2.3. United Kingdom
7.3. Asia Pacific
7.3.3. South Korea
8. COMPETITIVE INTELLIGENCE
8.1. Company Benchmarking and Analysis
8.2. Recent Investment and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. Sony Corporation
9.2. ON Semiconductor
9.3. Panasonic Corporation
9.4. Taiwan Semiconductor Manufacturing Company Limited
9.5. Sharp Corporation
9.7. Hamamatsu Photonics K.K.
9.9. Teledyne Technologies
LIST OF FIGURES
LIST OF TABLES
Taiwan Semiconductor Manufacturing Company Limited
Hamamatsu Photonics K.K.
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