Rising number of complex surgical procedures performed and increasing technological advancements in surgical imaging systems are key factors driving market revenue growth
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.
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The report puts an emphasis on the information regarding the key players with a special focus on their company profile, business overview, recent advancements, product catalog, and strategic business plans. It provides a comprehensive overview of the strategic alliances in the market under taken by the key players such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches, brand promotions, and corporate deals, among others.
Key companies operating in the market and 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.
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The Surgical Imaging market takes into account major geographical locations such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa to offer key insights into market growth, market size, market share, revenue growth, current and emerging trends, supply and demand ratio, import/export, consumer demand and behavior, and presence of key players in each region. The report offers an in-depth country wise analysis to impart better understanding of the market and its growth prospects.
Segments Covered in the report
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
Key Regions Analyzed in the Report include:
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Rest of MEA
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Furthermore, it consists information about individual segment of the Surgical Imaging market based on the types and application. The report also offers insights about the key segments expected to register significant revenue growth over the forecast period and primary trends influencing their growth. It also offers CAGR and market share values for each segment to provide clear understanding of demand and trend in the global market.
Some Key Highlights From the Report:
- In November 2020, FUJIFILM Corporation announced launch of Persona C Surgical C-Arm and Persona RF Premium system. These advanced systems provide digital X-ray imaging studies and fluoroscopy exams, allowing physicians to enhance workflow and accurately assess patient condition.
- Flat-Panel Detector (FPD) c-arms segment revenue is expected to expand at a robust CAGR over the forecast period owing to increasing preference for using FPDs in c-arms technology because these offer more consistent high quality images, more durability, less image distortion, reduced risk of radiation exposure to patients, high sensitivity, better patient coverage, and facilitates multiple image acquisition.
- Orthopedic and trauma surgeries segment is expected to lead in terms of revenue share over the forecast period owing to rising number of orthopedic procedures performed using c-arm fluoroscopy for intraoperative imaging, including fixation of fractures, intramedullary nailing of long bone fractures, and evaluation of fracture stability among others.
- Ambulatory surgical centers segment revenue is expected to expand at a robust CAGR over the forecast period owing to rising preference for outpatient services, increasing number of joint replacement and knees replacement surgeries performed in these facilities, and rising adoption of mini c-arms technology.
- North America is expected to account for largest revenue share over the forecast period, which is attributable to increasing advancements in imaging system, rapid launch of technologically advanced products, rapid growth of the geriatric population, and rising prevalence of critical illnesses and diseases in countries in the region.
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