"The solid-state medical image sensors market is driven by two major applications: X-ray imaging and endoscopy. The global Medical Image Sensors market will grow in volume from 2.1M units in 2013 to 6.7M units by 2019, fueled by emerging endoscopy products like camera pills and disposable endoscopes. These emerging products will enjoy broad adoption in clinical practices, owing to incentives being provided in Europe and the U.S. to reduce nosocomial infections.
From a revenue standpoint, the medical image sensors market will grow at a significant 11% CAGR from 2014-2019, and is expected to reach $142M by 2019. X-ray image sensors account for 93% of total medical image sensors market revenue, due to the high cost of X-ray sensors.
The medical image sensors market is characterized by a straight duality between X-ray imaging and endoscopy applications on price and volume. X-ray imaging is a very high-end application with a multitude of players, while endoscopy is a high-volume, low-price point application with a limited number of players."
