Navigation Links
High-Definition Technology to Revolutionize US & European Visualization Device Markets

US and European visualization & high-tech market will grow to over $2

billion by 2011, according to Millennium Research Group

WALTHAM, Mass., April 17 /PRNewswire/ -- According to Millennium Research Group's US Markets for Visualization and High-Tech Devices 2008 and European Markets for Visualization and High-Tech Devices 2008 reports, the visualization device market in these regions was worth a combined total of over $1 billion in 2007. This market will see rapid growth, driven by the adoption of true high-definition (HD) camera systems for use in endoscopic procedures, reaching more than $2 billion by 2011. Given its ability to sharpen images captured during surgery, HD technology is expected to revolutionize both the US and European visualization device markets.

In the US, sales of HD camera systems are expected to completely replace those of standard-definition three-chip camera systems by 2010. In fact, HD-formatted devices will become the new standard of care for imaging in the US hospital environment. Although adoption will be slightly slower in the European market, HD devices will still dominate new endoscopic camera system sales by 2012.

"Some industry experts have suggested that the development of HD technology is the biggest event to occur in imaging since the introduction of color imaging," says Tiffanie Demone, Analyst at Millennium Research Group. "The adoption of HD camera systems in the US and European markets will be the primary revenue driver in the visualization market through 2011. This adoption will not only increase camera sales, but will also spur growth in video peripheral device sales."

Millennium Research Group's Visualization and High-Tech Devices 2008 report series, which includes US and European reports, provides coverage of key industry competitors, including CONMED-Linvatec, Karl Storz, Richard Wolf, Smith & Nephew, Stryker, and Olympus.

About HD Endoscopic Camera Systems

HD endoscopic camera systems are used in surgical endoscopy. These systems comprise a camera head and a camera control unit, which function together to capture endoscopic images. Camera heads are charge-coupled devices that convert pixels in the image into electrical charges based on the pixel's color in the color spectrum, thereby allowing physicians to view the surgical site and internal structures in color.

About Millennium Research Group

Millennium Research Group (, a Decision Resources, Inc. company (, is the global authority on medical technology market intelligence and a leading provider of strategic information to the health care sector. Focused solely on the medical device, pharmaceutical, and biotechnology industries, the company provides its clients with the benefits of its specialized industry expertise through published reports and customized consulting services.

All company, brand, or product names contained in this document may be

trademarks or registered trademarks of their respective holders.

For more information, contact:

Amy Krohn

Millennium Research Group

416-364-7776 x101

SOURCE Millennium Research Group
Copyright©2008 PR Newswire.
All rights reserved

Related biology technology :

1. Varian Medical Systems Receives FDA 510(k) Clearance for High-Definition Collimator That Enables Ultra-Fine Intensity-Modulated Radiosurgery
2. Genetic Engineering & Biotechnology News reports on growing use of cell-based assays
3. International Council on Nanotechnology launches global research needs assessment
4. Sigma(R) Launches Innovative ChIP Kit Technology For Epigenetic Research
5. Atom Medical Adopts Masimo Rainbow SET Technology
6. Genetic Engineering & Biotechnology News Reports on Growing Use of Cell-Based Assays
7. DelSite Signs Technology Evaluation Agreement With Global Pharmaceutical Company for GelSite(R) Polymer
8. Boston Scientific and Surgi-Vision Announce Licensing Agreement for MRI-Safe Technology
9. eResearchTechnology, Inc. and nSpire Health, Inc. Form Alliance to Deliver Integrated Cardiac Safety and Pulmonary Clinical Trial Services
10. Powersafe Technology Corp. Recapitalizes, Executes Merger Agreement with Amplification Technologies, and Invests in Amplification
11. Loma Linda University Partners With Larta Institute for Technology Marketing Program
Post Your Comments:
(Date:11/30/2015)...  HUYA Bioscience International, the leader in accelerating global ... today announced it has signed a Memorandum of Understanding ... collaboration between KDDF and HUYA with the ultimate goal ... for the global market. China,s ... innovative preclinical and clinical stage compounds. The company advances ...
(Date:11/30/2015)... San Jose, CA (PRWEB) , ... ... ... the Content Intelligence Company, today announced tighter software integration with MarkLogic, the ... management where organizations maximize information to drive change. , Smartlogic’s Content Intelligence ...
(Date:11/27/2015)... November 27, 2015 ... popularity of companion diagnostics is one of ... market with pharmaceutical companies and diagnostic manufacturers ... tests. . --> ... report on global cancer biomarkers market spread ...
(Date:11/25/2015)... 2 nouvelles études permettent d , ... les souches bactériennes retrouvées dans la plaque dentaire ... . Ces recherches  ouvrent une nouvelle voie ... de l,un des problèmes de santé les plus ... --> 2 nouvelles études permettent d , ...
Breaking Biology Technology:
(Date:11/17/2015)... 17, 2015 Paris from ... --> Paris from 17 th until ... biometrics innovation leader, has invented the first combined scanner in ... same scanning surface. Until now two different scanners were required: ... can capture both on the same surface. This innovation ...
(Date:11/17/2015)... 2015  Vigilant Solutions announces today that Mr. ... Directors. --> --> ... the partnership at TPG Capital, one of the largest ... Billion in revenue.  He founded and led TPG,s Operating ... companies, from 1997 to 2013.  In his first role, ...
(Date:11/16/2015)... JOSE, Calif. , Nov 16, 2015 /PRNewswire/ ... developer of human interface solutions, today announced expansion ... Synaptics TouchView ™ touch controller and display ... architectural revolution of smartphones. These new TDDI products ... include TD4100 (HD resolution), TD4302 (WQHD resolution), and ...
Breaking Biology News(10 mins):