Skip to main content

Future of camera companies could be found in healthcare technologies

future camera companies found healthcare technologies nikon microscope 2
Nikon already produces medical instruments like this high-end microscope system, but it plans to invest around $2 billion to strengthen its medical business by 2017, mainly through mergers and acquisitions. (Credit: Nikon) Image used with permission by copyright holder

With traditional camera sales continue to face hardship against smartphones, as more consumers prefer to use their mobile devices for everyday photography, camera makers could shift more of their focus toward healthcare, such as medical imaging. That, according to the Wall Street Journal, is what Nikon Corp. of Japan is going after. 

Nikon, like its fellow camera makers, are seeing declining camera sales across all segments. Soon-to-be CEO Kazuo Ushida said that Nikon plans to spend around $2 billion to strengthen its medical business, mainly through the acquisition of medical-related businesses over the next three years. Nikon will also pursue research-and-development. Its pedigree in superb optics lends itself naturally to medical imaging, but Nikon could venture beyond that.

By the end of 2017, Nikon hopes to generate revenue of $1.28 billion from its medical division as well as other new businesses. Nikon joins many other electronics companies in searching for new product categories to offset the slump in sales of traditionally moneymaking products. It’s not just camera companies that are looking to healthcare for their future: Toshiba and Hitachi are also targeting M&A opportunities, while Nikon’s imaging rivals Canon and Olympus are also strengthening their medical businesses.

According to the WSJ, Nikon will differentiate itself by using “its prowess in semiconductor lithography technology to develop, for example, DNA chips – a hot technology for genetic research.” Nikon currently has a lineup of microscopes and other scientific instruments, but, by 2017, we could see Nikon play an even bigger role in this field.

(Via Wall Street Journal)

Editors' Recommendations

Les Shu
Former Digital Trends Contributor
I am formerly a senior editor at Digital Trends. I bring with me more than a decade of tech and lifestyle journalism…
‘Photoshopped’ royal photo causes a stir
The Princess of Wales with her children.

[UPDATE: In a message posted on social media on Monday morning, Princess Kate said that she herself edited the image, and apologized for the fuss that the picture had caused. “Like many amateur photographers, I do occasionally experiment with editing," she wrote, adding, "I wanted to express my apologies for any confusion the family photograph we shared yesterday caused."]

Major press agencies have pulled a photo of the U.K.’s Princess of Wales and her children amid concerns that it has been digitally manipulated.

Read more
Help NASA in its quest to learn more about our sun
Scientists have used the ESA/NASA Solar Orbiter’s Extreme Ultraviolet Imager (EUI) in a new mode of operation to record part of the Sun’s atmosphere that has been almost impossible to image until now. By covering the Sun’s bright disc with an ‘occulter’ inside the instrument, EUI can detect the million-times fainter ultraviolet light coming from the surrounding corona.

SunSketcher Solar Eclipse Project Tutorial

NASA is calling on citizen astronomers in the U.S. to help it learn more about our sun.

Read more
How to photograph April’s solar eclipse, according to Nikon
A total solar eclipse.

Solar Eclipse Photography Tips from Nikon | Best Camera Settings | 2024 Solar Eclipse Guide

Excitement is building for next month’s total solar eclipse that will see the moon’s shadow fall across a large part of the U.S., from Maine in the northeast all the way to Texas in the south.

Read more