Healthcare to Drive Image Sensor Market

ROCKVILLE, MD /Marketwire/ -- has announced the addition of the market research report "Global Image Sensor Market (2013–2018) By Technology (CCD, CMOS, Contact IS, Infrared, X-ray, FSI, BSI); Applications (Healthcare, Surveillance, Automobile, Consumer, Defense, Industrial); Geography (North America, Europe, APAC, ROW)" to their product offering.

Image sensors have been present since the advent of digital cameras and image reproducing devices. Since early 1990s, image sensors have evolved from a simple single array CCD to a complex 3D array digital SLR image sensors. Apart from cameras, image sensors are experiencing heavy adoption in applications such as security and surveillance, automobile drive assistance, and machine vision. All these applications are driven by the demand for system and process automation. The healthcare segment is also identified as one of the major industry verticals for image sensors. Image sensors assist in endoscopy, dentistry, oncology, X-rays, and microscopy. The research conducted suggests that the healthcare devices are a major driver of the enterprise image sensor market.

The global image sensors market is estimated to grow at a modest CAGR of 3.84% from 2013 to 2018 and is expected to cross $10.75 billion by the end of these five years. Currently, camera mobile phones are the major contributors to this market. In 2012, approximately 80% of the image sensors were shipped for this application. Emerging applications such as medical imaging, POV cameras, UAV cameras, digital radiology, and factory automation factors are driving the market with their high growth rate. However, they are low-volume applications and would require longer duration to impact the market heavily. CMOS technology commands a major market share against CCD and contact image sensor types. In 2012, CMOS approximately had 85% of the share.

Apart from the visible spectrum domain, manufacturers are also focusing on the infrared and X-ray image sensors. By the year 2018, approximately 800,000 units of infrared sensors and 300,000 units of X-ray sensors are forecasted to be shipped. Currently, North America holds the largest share, but APAC is expected to surpass in 2013, with its strong consumer electronics market.

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