Navigation Links
High-Definition Technology to Revolutionize US & European Visualization Device Markets
Date:4/17/2008

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 (http://www.MRG.net), a Decision Resources, Inc. company (http://www.DecisionResources.com), 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

akrohn@mrg.net


'/>"/>
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:
*Name:
*Comment:
*Email:
(Date:5/2/2016)... Ohio (PRWEB) , ... May 02, 2016 , ... ... Designed with its clients in mind, the fresh look and added functionality give ... , “Recent years have seen a dynamic shift in agriculture – from precision ...
(Date:4/29/2016)... ... April 29, 2016 , ... Proove ... excited to announce the launch of the Proove Health Foundation . The ... education to promote the use of personalized medicine for tackling the nation’s most-pressing ...
(Date:4/29/2016)... (PRWEB) , ... April 29, 2016 , ... Summit for ... to support the development of a patient-specific stem cell therapy for the treatment of ... lab of Dr. Jeanne Loring at The Scripps Research Institute in San Diego, CA. ...
(Date:4/28/2016)... , April 28, 2016 ... company reports the Company,s CEO  was featured in ... Accelerators Enter When VCs Fear To Tread: ... Leader magazine is an essential business ... everything from emerging biotechs to Big Pharmas. Their ...
Breaking Biology Technology:
(Date:4/14/2016)... , April 14, 2016 ... Malware Detection, today announced the appointment of Eyal ... new role. Goldwerger,s leadership appointment comes at ... heels of the deployment of its platform at several ... biometric technology, which discerns unique cognitive and physiological factors, ...
(Date:3/23/2016)... , March 23, 2016 ... erhöhter Sicherheit Gesichts- und Stimmerkennung mit Passwörtern ... (NASDAQ: MESG ), ein führender ... das Unternehmen mit SpeechPro zusammenarbeitet, um erstmals ... Finanzdienstleistungsbranche, wird die Möglichkeit angeboten, im Rahmen ...
(Date:3/17/2016)... , March 17, 2016 ABI Research, ... forecasts the global biometrics market will reach more ... 118% increase from 2015. Consumer electronics, particularly smartphones, ... fingerprint sensors anticipated to reach two billion shipments ... Dimitrios Pavlakis , Research Analyst at ABI ...
Breaking Biology News(10 mins):