Surgical Imaging Market was valued at USD 1.95 Bn. in 2022, and it is expected to reach USD 3.07 Bn. by 2029, exhibiting a CAGR of 6.7% during the forecast period (2023-2029)
Market Overview:
The Maximize Market Research's latest study, titled "Global Surgical Imaging Market," offers valuable insights for comprehending market competitors. The study presents a comprehensive evaluation of the market, encompassing both fundamental and subjective aspects that can offer crucial business insights. Included in the study is a market overview comprising the value chain structure, regional analysis, applications, market size, and forecast (2023-2029). This study aims to enhance the accuracy of assessing current and future scenarios in the global Surgical Imaging market.
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Market Scope:
Over the projected period, this research provides an analytical snapshot of the industry by assessing various elements such as global Surgical Imaging market growth, consumption volume, market trends, and corporate pricing structures. The report delves into extensive research to unravel the intricacies of the market. It furnishes an overview of the global Surgical Imaging market, including characteristics, market segmentation analysis, market size, customer landscape, and geographical distribution. Growth drivers, current trends, innovations, prospects, and the competitive landscape are all considered in this research. Multiple approaches, including productivity and manufacturing base assessment, have been employed to explore this market.
Dynamics:
The main factors propelling the growth of the surgical imaging market are the advantages of FPDs over image intensifiers, technical advancements, reimbursement reductions for analogue radiography systems, and the increased need for less invasive procedures. Surgical imaging has significantly improved as a result of the development of C-arm technology from traditional X-ray image intensifier technology to digital flat-panel detectors (FPDs). FPDs are more advantageous than picture intensifiers in a number of ways, including smaller size and reduced radiation exposure. FPDs are capable of creating a more consistent, high-quality digital image, even though resolution varies by model. With ordinary image intensifiers, the quality of the images declines with time, but not with FPDs.
Segmentation:
Through application, Cardiovascular, neurosurgery, ophthalmology, thoracic, urologic, orthopaedic, and trauma applications make up the market's segments. The sector with the biggest market share in 2022 was orthopaedic and trauma, and it is anticipated that it would expand at the fastest rate over the forecast period. Fibre-optic cameras are used in minimally invasive procedures to reduce the complexity and cost of intrathoracic treatments. The greatest widespread use of surgical imaging will probably be in orthopaedic surgeries. Orthopaedic surgery is anticipated to offer an additional potential of more than US$ 100 million between 2023 and 2029. The use of surgical imaging in orthopaedics is being driven by the increase in orthopaedic operations done as well as a demand for less intrusive techniques.
by Technology
1. Image intensifier C-arms
2. Flat Panel Detector C-arms (FPD C-arms)
by Application
1. Orthopedic and Trauma Surgeries
2. Neurosurgeries
3. Cardiovascular Surgeries
4. Gastrointestinal Surgeries
5. Other Applications (Urology and End bronchial & Thoracic Surgery)
by End-Use
1. Hospitals
2. Diagnostic Centers
3. Academic & Research Institutes
Key Players:
The report then extensively examines major and emerging players in the global Surgical Imaging market, presenting market share based on revenue, demand, high-quality product manufacturers, sales, and service providers. Furthermore, the study evaluates capacity utilization, raw material sources, import-export dynamics, value chain configuration, and industrial supply chains. The following players are prominently featured in the report:
1. Ziehm Imaging GmbH (Germany)
2. Siemens AG (Germany)
3. Basler AG (Germany)
4. Koninklijke Philips N.V. (Netherlands)
5. Barco (Belgium)
6. Eurocolumbus Srl (Italy)
7. Medtronic plc (Ireland)
8. CONMED Corporation (US)
9. NDS Surgical Imaging (US)
10. Carestream Health (US)
11. GE Healthcare (US)
12. Hologic, Inc. (US)
13. New View Surgical, Inc (US)
14. Johnson & Johnson (US)
15. Abbott Laboratories (US)
16. Cardinal Health (US)
17. Stryker Corporation (US)
18. Baxter International Inc (US)
19. Boston Scientific (US)
20. 3M Health Care (US)
21. Danaher Corporation (US)
22. Imagin Medical (Canada)
23. GENORAY Co., Ltd. (South Korea)
24. Shimadzu Corporation (Japan)
25. Olympus Corporation (Japan)
26. Canon Medical Systems Corporation (Japan)
27. Allengers Medical Systems Ltd. (India)
28. BPL Medical Technologies (India)
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Regional Analysis:
The report conducts a comprehensive analysis of the global Surgical Imaging market across the following regions:
- North America (including the United States, Canada, and Mexico)
- European Union (encompassing Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific region (including China, Japan, Korea, India, Southeast Asia, and Australia)
- Latin America (encompassing Brazil, Argentina, Colombia, and Rest of South America)
- Africa and the Middle East (including Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
The study provides profound insights into multiple development possibilities and challenges within the aforementioned regions, based on various commodity types, applications, end-users, and countries, among other factors. Moreover, essential aspects of the global Surgical Imaging market, such as sales growth, product pricing and analysis, growth potential, and recommendations to tackle market challenges in these regions, are included in the study.
COVID-19 Impact Analysis on Surgical Imaging Market:
The global pandemic, COVID-19, has emerged as a pervasive public health crisis affecting nearly every industry, with anticipated long-term repercussions on industry growth during the forecast period. Our ongoing research expands the investigative approaches to address core COVID-19 issues and potential future strategies. The study illuminates the COVID-19 impact by considering shifts in consumer behavior and demand, changes in purchasing patterns, supply chain adaptations, the dynamics of contemporary market forces, and substantial government interventions. The updated research incorporates insights, analyses, estimations, and projections influenced by the market impact of COVID-19.
Key Questions Addressed in the Surgical Imaging Market Report:
- Who are the prominent players in the Surgical Imaging market?
- What is the potential market scope for Surgical Imaging across different regions?
- Over the next five years, which application segment of Surgical Imaging is likely to experience substantial growth?
- What opportunities are available for new market entrants?
- What is the projected size of the Surgical Imaging market by 2029?
- What are the growth prospects for the Surgical Imaging market?
- Which year serves as the base year in the Surgical Imaging market report?
- In the Surgical Imaging market, which region commands the largest market share?
- What factors are anticipated to drive growth in the Surgical Imaging market?
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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.
