Surge in prevalence of advanced medical imaging technologies and rising preference of caregivers for various advanced scanners are expected to boost the growth of orthopedic medical imaging systems market.
Orthopaedic medical imaging provides a non-invasive approach to examine internal structures of a patient to diagnose medical conditions. Also, it is used to offer high quality imaging to reduce the requirement of surgeries and for decision-making. This medical imaging tool has proved to be an informational tool that has helped physicians to detect the disease and response of the treatment.
Rise in occurrence of orthopedic disorders has been witnessed over the past few years and is expected to follow a similar trend in the next few years which is anticipated to boost the demand for orthopedic medical imaging systems.
Moreover, growing geriatric population and rapid advancements in medical imaging technologies are expected to favor the market across the forecast period.
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The market growth is also driven by rising incidence of bone fracture trauma as an outcome of sports-related injuries. Moreover, traumatic injury continues to be one of the primary reasons of mortalities with road injury and falls. Moreover, there are around 2.5 million cases of sports-related injuries to the knee per year, which demands for emergency care. Moreover, the number is expected to increase over the coming years, creating higher demand for orthopedic medical imaging systems.
Rise in technological advancements in imaging technology, along with specialized training have also provided a boost to the growth.
· For instance, In February 2018, Siemens Healthineers, one of the key players of the market, received the FDA clearance for GOKnee3D, a magnetic resonance imaging (MRI) application that reduces the time required to perform knee diagnostics.
Surge in incidence of Osteoarthritis & Other Orthopedic Disorders
Adoption of a sedentary lifestyle and lack of eating habits have resulted in a high prevalence of disorders such as obesity, diabetes, etc. which often results in orthopedic complications.
Rise in incidence of arthritis among the general population is expected to further boost orthopedic medical imaging systems market potential over the next few years. Moreover, the rise in geriatric population is also contributing to the rising number of orthopedic cases.
Lack of developed healthcare infrastructure in emerging economies
Emerging economies lack established healthcare infrastructure. This creates budgetary constraints and restricts the growth of orthopedic medical imaging systems market in these countries. This in turn acts as a restraint to the growth of the market.
X-Rays systems preferred over other imaging equipment
X-ray imaging systems are highly preferred over other imaging equipment due to their ease of access and cost-effective nature. X-ray systems have proven to offer accurate results with a wide spectrum of application and accessibility.
Moreover, CT scanners and MRI scanners are expected to witness a surge in popularity during the forecast period. But due to high cost of installation and maintenance associated with these are expected to act as a restraint to the growth of the market.
Asia Pacific and North America to offer profitable opportunities
Market in North America is anticipated to account for a major market share and provide highly rewarding business opportunities during the forecast period. Key factors driving the growth of the market are significant presence of developed healthcare infrastructure, surge in adoption of advanced imaging technologies, surge in surgeries, and a rising prevalence of obesity.
Moreover, Asia Pacific market is expected to be driven by rising investments in the healthcare infrastructure and rising geriatric population. Moreover, an increasing number of road accidents and the surge in prevalence of orthopedic disorders in countries such as China and India are expected to dominate the market in the Asia Pacific region.
Segmentation Of Orthopedic Medical Imaging Systems Industry Research
· By Product Type:
o X-ray Systems
o CT Scanners
o Ultrasound Systems
o MRI Scanners
o Nuclear Imaging Systems
· By End User:
o Hospitals
o Radiology Centers
o Ambulatory Surgical Centers
o Other End Users
· By Region:
o North America
o Latin America
o Europe
o APAC
o MEA
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Some of these include mammography, ultrasound, magnetic resonance imaging (MRI), and tomography.
These different types of technology are used to help doctors see and treat problems more clearly.
As per the Centers for Disease Control and Prevention (CDC), by 2040, around 78 million U.S. adults aged 18 years and above are estimated to have doctor-diagnosed arthritis.
Similarly, as per Beaumont Health, around 100,000 to 200,000 anterior cruciate ligament (ACL) cases occur each year in the U.S.
Such injuries and bone-related diseases require accurate diagnosis, for which medical imagining becomes the primary solution.
Developed countries such as the U.S. and Canada have robust healthcare infrastructure.
This analysis of the Global Medical/Diagnostic Imaging Market aims to offer relevant and well-researched insights into the contemporary market scenario and the emergent growth dynamics.
The comprehensive study will help both established and emerging players formulate lucrative business strategies and realize their short-term and long-term goals.Market Size – USD 24.28 billion in 2018, Market Growth - CAGR of 4.7%, Market Trends –Advancements in medical imaging technologyCheck out the Sample Report here: https://www.reportsanddata.com/sample-enquiry-form/2339The Medical/Diagnostic Imaging industry has witnessed a stable growth rate in the past decade and is expected to continue on the same path in the forthcoming decades.
Therefore, it is crucial to recognize all investment opportunities, potential market threats, restraining factors, challenges, market dynamics, and technological development to intensify footholds in the Medical/Diagnostic Imaging sector.
This report has evaluated all the above mentioned aspects to present a detailed assessment to the reader to assist them in achieving the desired growth in their businesses.Scope of the Report:The study sheds light on the market trends observed in the historical data and undertakes an extensive inspection of the industry to generate valuable insights and progress that must be expected in the forecast years.
The report also assesses the strategic initiatives by companies, including strategic initiatives and financial standing, to draw an accurate vendor landscape.
The report also classifies the market on the basis of end-users insights and trends, value chain, supply and demand dynamics, and import & export, among others, to give a definitive view of the industry.Segmentations –Major Key Players of the Medical/Diagnostic Imaging Market are: GE Healthcare, Toshiba Medical Systems Inc., Canon Inc., Samsung Electronics Co. Ltd., Hologic, Inc., Fujifilm Holdings Corporation, Siemens Healthineers, Shimadzu Corporation, Koninklijke Philips N.V., and Carestream Health, among others.Technology Outlook (Revenue, USD Million; 2016-2027)Magnetic Resonance Imaging (MRI)Ultrasound ImagingNuclear ImagingX-Ray ImagingComputed TomographyMammographyApplications Outlook (Revenue, USD Million; 2016-2027)CardiologyNeurologyOrthopedicsOncologyGastroenterologyGynecologyOthersEnd-Users Outlook (Revenue, USD Million; 2016-2027)HospitalsDiagnostic CentersOthersGo For Interesting Discount Here: https://www.reportsanddata.com/discount-enquiry-form/2339Table of Contents:Study Coverage: It includes key manufacturers covered, key market segments, the scope of products offered in the global Medical/Diagnostic Imaging market, duration considered, and objectives of the research.
