The evaluation of high-speed camera image sequence analysis results in concrete material testing under high-impact loading necessitates the consideration of the effect of the image quality on the measurement accuracy and thus on the potential of the geometric measurements derived from the image sequences. In this contribution, we evaluate the application potential of three ultrahigh-speed cameras with frame rates up to 10 Mfps to analyze the deformation of concrete specimens before and after main crack formation in bending and compression tests. Specifically, we evaluate the Kirana 7M and Shimadzu HPV-X2 cameras with ISIS sensor architecture, and the Phantom TMX 7510 camera with BSI CMOS sensor technology. Three-point bending tests and split-Hopkinson pressure bar tests are performed on 160×40×40mm3 cuboids and on 80 mm long, 50 mm diameter cylinders. Prior to main crack formation, the displacement vector field represents the specimen deformation, with higher values indicating the position where main cracks will initiate and propagate. Deformations of 80 µm in 54 µs for a bending test and of 154 µm in 36.67 µs for a compression test could be measured. The main cracks are then detected using displacement vector field discontinuity analysis techniques, and their evolution is followed to estimate the crack propagation velocity. Average velocities in bending tests between 603 and 854 m/s have been determined over a time interval up to 40 µs. An investigation of the camera sensor operation of the three optical devices is presented to assess their suitability for deformation analysis. Laboratory tests and real experimental results show that the quality of the propagation vector field, the crack detection, and the crack tip tracking are obviously affected by the image quality, but more significantly by the spatial and temporal resolution due to the small relative step deformations.