Global Surgical Imaging Market to Reach USD 1.63 Billion by 2022
By MedImaging International staff writers Posted on 28 Nov 2017 |
Image: The global surgical imaging market is projected to grow to USD 1.63 billion by 2022 (Photo courtesy of GE Healthcare).
The global surgical imaging market is projected to grow at a CAGR of 5.5% from an estimated value of USD 1.25 billion in 2017 to USD 1.63 billion by 2022, driven mainly by the growing popularity of Flat Panel Detector C-arms (FPD C-arms) owing to the advantages of FPDs over image intensifiers, reimbursement cuts on analog radiography systems, and rising demand for minimally invasive procedures.
These are the latest findings of MarketsandMarkets (Northbrook, IL, USA), a global market research company.
Based on application, the orthopedic and trauma surgeries segment is expected to command the largest share of the surgical imaging market in 2017, due to the increasing popularity of minimally invasive procedures in orthopedic and trauma surgeries and the advantage of 3D navigation with the use of C-arms.
North America is expected to account for the largest share of the global surgical imaging market in 2017, followed by Europe, Asia Pacific, and the Rest of the World. The large share of the North American region can be attributed to an increasing number of overuse sports injuries, rising prevalence of Cardiovascular Diseases (CVDs), increasing cases of cardiac arrest, and growing number of minimally invasive procedures performed in Canada. However, Asia Pacific is expected to register the highest CAGR of 7.1% during the forecast period, driven by the rapid growth in Japan’s geriatric population, China’s increasing healthcare reforms, India’s improving healthcare infrastructure, and the rising number of orthopedic and CVD procedures in Australia.
Related Links:
MarketsandMarkets
These are the latest findings of MarketsandMarkets (Northbrook, IL, USA), a global market research company.
Based on application, the orthopedic and trauma surgeries segment is expected to command the largest share of the surgical imaging market in 2017, due to the increasing popularity of minimally invasive procedures in orthopedic and trauma surgeries and the advantage of 3D navigation with the use of C-arms.
North America is expected to account for the largest share of the global surgical imaging market in 2017, followed by Europe, Asia Pacific, and the Rest of the World. The large share of the North American region can be attributed to an increasing number of overuse sports injuries, rising prevalence of Cardiovascular Diseases (CVDs), increasing cases of cardiac arrest, and growing number of minimally invasive procedures performed in Canada. However, Asia Pacific is expected to register the highest CAGR of 7.1% during the forecast period, driven by the rapid growth in Japan’s geriatric population, China’s increasing healthcare reforms, India’s improving healthcare infrastructure, and the rising number of orthopedic and CVD procedures in Australia.
Related Links:
MarketsandMarkets
Latest Industry News News
- Bayer and Google Partner on New AI Product for Radiologists
- Samsung and Bracco Enter Into New Diagnostic Ultrasound Technology Agreement
- IBA Acquires Radcal to Expand Medical Imaging Quality Assurance Offering
- International Societies Suggest Key Considerations for AI Radiology Tools
- Samsung's X-Ray Devices to Be Powered by Lunit AI Solutions for Advanced Chest Screening
- Canon Medical and Olympus Collaborate on Endoscopic Ultrasound Systems
- GE HealthCare Acquires AI Imaging Analysis Company MIM Software
- First Ever International Criteria Lays Foundation for Improved Diagnostic Imaging of Brain Tumors
- RSNA Unveils 10 Most Cited Radiology Studies of 2023
- RSNA 2023 Technical Exhibits to Offer Innovations in AI, 3D Printing and More
- AI Medical Imaging Products to Increase Five-Fold by 2035, Finds Study
- RSNA 2023 Technical Exhibits to Highlight Latest Medical Imaging Innovations
- AI-Powered Technologies to Aid Interpretation of X-Ray and MRI Images for Improved Disease Diagnosis
- Hologic and Bayer Partner to Improve Mammography Imaging
- Global Fixed and Mobile C-Arms Market Driven by Increasing Surgical Procedures
- Global Contrast Enhanced Ultrasound Market Driven by Demand for Early Detection of Chronic Diseases