The global healthcare machine vision system market size was valued at $445.6 million in 2019, and is projected to reach $2.50 billion by 2028, registering a CAGR of 23.6% from 2021 to 2028. Machine vision in healthcare sector used to offer imaging-based automatic inspection and analyze the image for application such as process control and robotic guidance.
Surge in adoption of artificial intelligence-based technologies and big data in healthcare, rise in demand for automation in healthcare applications, and increase in adoption of personalizes medicines are some of the factors that drive the market growth of machine vision system in the healthcare sector. However, a shortage of skilled professionals is acting as restrain and hampers early adoption in developing countries. Further, the adoption of cloud-based healthcare solutions is expected to provide lucrative opportunities for the global machine vision industry during the forecast period.
The healthcare machine vision system market is analyzed by product type, type, and application. On the basis of product type, it is fragmented into MV camera with host PC, smart camera, and vision-based barcode readers. On the basis of type, the market is segregated into 1D, 2D, and 3D. By application, the market is divided into in vitro diagnostics (pre-analytical and analytical), access & Tracking (surgical and industrial), surgical (tracking, navigation, and visualization), patient monitoring, drug dispensing. Region wise, the global healthcare machine vision system market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the Germany, UK, France, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa.
The key players operating in the market include Baumer, Cognex Corporation, FLIR Systems, Inc., Basler, Keyence, Omron, Teledyne Group, TKH Group, and Sony Corporation.
KEY MARKET SEGMENTS
BY PRODUCT TYPE
- MV Camera with Host PC
- Smart Camera
- Vision-based Barcode Readers
BY TYPE
- 1D
- 2D
- 3D
BY APPLICATION
- In Vitro Diagnostics
o Pre-analytical
o Analytical
- Access & Tracking
o Medical
o Industrial
- Surgical
o Tracking
o Navigation
o Visualization
- Patient Monitoring
- Drug Dispensing
KEY PLAYERS
- Baumer
- Cognex Corporation
- FLIR Systems, Inc.
- Basler
- Keyence
- Omron
- Teledyne Group
- TKH Group
- Sony Corporation