The global surgical imaging market size is expected to reach USD 9.94 Billion in 2028 and register a revenue CAGR of 7.1% over the forecast period, according to the latest report by Reports and Data. Rising number of complex surgical procedures performed and increasing technological advancements in surgical imaging systems are some key factors expected to drive market revenue growth over the forecast period. In addition, rapid growth of the global geriatric population is also expected to contribute significantly to increasing number of surgical procedures being performed and drive revenue growth of the market going ahead.
Rapid growth in the geriatric population is driving healthcare burden of chronic diseases such as cardiovascular and neurological diseases, and rheumatoid arthritis among others. Rising need for developing more advanced intraoperative imaging solutions to treat these diseases and to achieve more accuracy, minimize dosage, and contrast media use in surgical interventions is a major area of focus currently.
Mobile c-arms fluoroscopic imaging system is used in a variety of surgical and non-invasive surgical imaging procedures as the system help in accurate visualization of percutaneous valve replacements, vascular surgery, cardiac surgery, kidney drainage, abdominal and thoracic aortic aneurysm repair, orthopedics, gastroenterology, pain management, neuro stimulation, and neurology procedures. In recent years, mini c-arms are increasingly being incorporated in clinics for sports medicine centers, and for orthopedic and podiatric imaging. This is expected to continue to drive revenue growth of the market going ahead as the need for treatment and procedures increases owing to rising awareness of early detection of diseases and preventive medicine and treatments continue to gain steady traction globally.
As surgical procedures are increasingly becoming more complex, there is a growing need of employing high-resolution intraoperative imaging in various surgical procedures such as cardiovascular surgery, endovascular repairs, and peripheral vascular interventions. Rapid development of newer and more advanced systems offering dose management features such as beam filters and technology enabling sharper pulses is facilitating healthcare professionals to optimize dose delivery and dose efficiency more significantly, and this is expected to drive revenue growth of the market going ahead.
Increasing technological advancements in surgical imaging systems such as development of next generation O-arm or G-arm technology is expected to contribute significantly to revenue growth of the market in the near future. O-arm system is a portable, state of the art imaging system, which creates detailed 2D and 3D images, which assists surgeons during spinal surgery procedures. Ongoing research and development activities and rapid innovation is expanding the clinical indications of O-arm imaging into cranial, orthopedic, ENT and traumarelated applications is expected to support market growth in the near future. However, high cost of surgical instruments and systems is expected to restrain market growth to a certain extent over the forecast period.
In-depth Study of the Competitive Landscape:
The global Surgical Imaging market consists of various market players, which make this business sphere highly competitive. In this section of the report, the authors have provided authentic information on product portfolios, new product innovations, technological capabilities, and product pricing strategies of each of these players. Moreover, it discusses the key strategies implemented by these players, such as mergers & acquisitions, joint ventures, collaborations, partnerships and agreements, to build on their market presence.
Top companies profiled in the report include:
GE Healthcare Inc., Siemens Healthineers AG, Hologic Inc., FUJIFILM Corporation, Carestream Health Inc., Koninklijke Philips NV, Carestream Health Inc., Shimadzu Corporation, Ziehm Imaging Inc., Medtronic PLC, and Canon Medical Systems Corporation.
Key Market Regions Covered in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Technology Outlook (Revenue, USD Billion; 2018-2028)
- Image Intensifier C-Arms
- Flat Panel Detector C-Arms (FPD)
Application Outlook (Revenue, USD Billion; 2018-2028)
- Orthopedic & Trauma Surgeries
- Cardiovascular Surgeries
- Neurosurgeries
- Gastroenterology Surgeries
- Others
End-Use Outlook (Revenue, USD Billion; 2018-2028)
- Hospitals
- Diagnostic Centers
- Academic & Research Institutes
Frequently asked questions addressed in the report:
- What is the revenue growth rate of the global Surgical Imaging market over the forecast period?
- What are the major factors driving the growth of the Global Surgical Imaging Market?
- What are the key challenges impacting the global Surgical Imaging market growth?
- What are the outcomes of the SWOT Analysis and Porter’s Five Forces Analysis conducted in the report?
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The Global Surgical Imaging Market size is estimated to be USD 1.10 billion in 2019 and is predicted to reach USD 1.71 billion by 2030 with a CAGR of 4.1% from 2020-2030.Surgical Imaging systems are based on x ray technology which is used in the operating rooms and works of 2D or 3D medical imaging.
These systems are generally used in minimally invasive procedures to have a proper look of the surgical site and carry out the whole procedure successfully without opening the surgical site completely.
It is mostly used in the orthopedics, neurology, cardiology and other surgeries.Access Full Description of this report at:- https://www.nextmsc.com/report/surgical-imaging-market Top Companies: GENORAY Co. Ltd., GE Healthcare (A Subsidiary of General Electric Company),Hologic, Inc., Medtronic plc, Koninklijke Philips N.V., Shimadzu Corp., Toshiba Medical Systems Corporation, Siemens Healthineers AG, Ziehm Imaging GmbH and Whale Imaging Inc and others.The global surgical imaging market share is analyzed on the basis of modality type, technology type, application and geography.
Furthermore, increase in technological advancement, presence of developed healthcare infrastructure and increase in minimally invasive surgeries are expected to fuel the growth of surgical imaging market.
Asia Pacific is expected to show rapid growth owing to the presence of developing economies such as China, India and others.
Furthermore, increasing accessibility to the healthcare facilities favorable reimbursement scenario and various advantages are expected to support the growth of surgical imaging market in the near future.About Next Move Strategy Consulting:Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share.
