Fluoroscopy Equipment Market to Register 6% CAGR as Demand for Multipurpose Imaging Tools Grows for Real-time Diagnosis

Fact.MR – A Market Research and Competitive Intelligence Provider: As per Fact.MR, the global fluoroscopy equipment market size is estimated to exceed US$ 1.9 Bn in 2021.

C-Arms Systems to Remain Top-selling Fluoroscopy Equipment, Registering 1.7x Sales Growth through 2031

The study on the fluoroscopy equipment market by Fact.MR uncovers hidden opportunities for the growth of the market between 2021 and 2031. It also examines the factors driving sales across various segments on the basis of product type, application, and end user.

Fact.MR – A Market Research and Competitive Intelligence Provider: As per Fact.MR, the global fluoroscopy equipment market size is estimated to exceed US$ 1.9 Bn in 2021. Surging applications of fluoroscopy equipment across various medical fields such as cardiology, nephrology, urology, and others are propelling the demand in the market. In response to this, the market is expected to top US$ 3.5 Bn by the end of 2031.

Historically, the sales of fluoroscopy equipment grew at a CAGR of 3% over the past half-decade. Increasing adoption of multipurpose medical imaging tools such as fluoroscopy systems for real-time diagnosis, injury assessment, and during surgical procedures such as gastrointestinal, cardiovascular, and neurosurgeries is favoring the demand. Driven by this, the sales in the market are projected to rise at a CAGR of 6% over the forecast period from 2021 to 2031.

Fluoroscopy equipment application is increasing across a wide range of interventional radiological procedures and treatment of conditions such as pulmonary embolism, abdominal aortic aneurysms, deep vein thrombosis, and others. In addition to this, increasing use of radiographic fluoroscopy in pain management and radiation therapy for cancer treatment is anticipated to create attractive opportunities for the fluoroscopy equipment market growth.

Request a report sample to gain comprehensive insights at

https://www.factmr.com/connectus/sample?flag=S&rep_id=267

On the basis on product type, the C-arms systems segment is estimated to account for the largest revenue share in the market, exhibiting sales growth by 1.7X through 2031. Increasing use of C-arms systems in discography, angiography, and image-guided surgeries is a primary factor driving the growth in the segment. Conventional fluoroscopy systems market is also expected to grow at a CAGR of over 4% during the forecast period. Remote-controlled fluoroscopy systems market will also witness significant growth.

“Leading manufacturers are emphasizing on developing novel mobile medical imaging systems such as hand-held fluoroscopes with advanced image intensifiers to provide effective point-of-care diagnosis during emergencies. This is expected to bode well for the growth in the market,” says a Fact.MR analyst.

Key Takeaways from the Fluoroscopy Equipment Market Study

  • The market in the U.S. is estimated to witness the fastest growth in North America, expanding by 1.5X over the assessment period.
  • Germany is projected to emerge as one of the highly remunerative markets in Europe, creating absolute dollar opportunity of more than US$ 400 Mn by 2031.
  • Japan is forecast to account for a high share in the Asia Pacific market, exhibiting sales growth of fluoroscopy equipment at a CAGR of 3% through 2031.
  • China is anticipated to emerge as one of the highly lucrative markets backed by government push to the expansion and modernization of healthcare infrastructure.
  • As per Fact.MR, the C-arms system segment is expected to account for nearly 40% of the global fluoroscopy equipment market share, expanding at a CAGR of 5% between 2021 and 2031.

Key Drivers

  • Growing incidence of chronic diseases and rising consumer preference for minimally invasive surgeries across the U.S., China, the U.K., India, and others are propelling the demand for fluoroscopy devices.
  • Increasing use of fluoroscopy equipment in image-guided cardiovascular surgeries and the growing burden of cardiovascular diseases across the world are spurring the sales across the cardiology segment.

Key Restraints

  • High risk of complications such as underlying tissue injuries and radiation-induced skin during radiographic fluoroscopy procedures is hampering the demand for fluoroscopy equipment.
  • Increasing inclination towards non-radiation imaging modalities such as ultrasound is a primary factor hindering the sales of fluoroscopy equipment.

Ask Your Fluoroscopy Equipment Market Related Questions & Get Customized Reports

https://www.factmr.com/connectus/sample?flag=RC&rep_id=267

Competitive Landscape

As per Fact.MR, the top five companies in the global fluoroscopy equipment are Agfa-Gevaert Group, Ziehm Imaging GmbH, Carestream Health Inc., Hitachi Ltd., and GE Healthcare Inc. These manufacturers are anticipated to account for nearly 40% of the total sales through 2031.

Leading players are focusing on product development initiatives to launch novel systems with integrated innovative tools to gain a competitive advantage. Strategic collaborations, partnerships, merger, and are some of the most adopted strategies in the industry. For instance,

  • In September 2021, Siemens Healthineers, a leading medical technology companies, announced launching a fluoroscopy system named, Luminos Impulse1. It is a high-end fluoroscopy systems with features such as comprehensive dose optimization, seamless imaging chain, and cybersecurity ideal for radiography.
  • GE Healthcare, a leading medical technology, announced entering into a collaboration with Temple University Health System for 7-years to expand its radiology services. The strategy will assist the company to address challenges such as reimbursements framework in medical imaging, patient outcomes and cost control.

Some of the key players in the market profiled by Fact.MR are:

  • Agfa-Gevaert Group
  • Ziehm Imaging GmbH
  • Carestream Health Inc.
  • Hitachi Ltd.
  • GE Healthcare Inc.
  • Hologic Inc.
  • Siemens Healthineers
  • Philips Group
  • Lepu Medical Tech Co. Ltd
  • Shimadzu Corporation
  • Toshiba Medical Systems Corporation

More Valuable Insights on Fluoroscopy Equipment Market

The latest report published by Fact.MR offers a detailed analysis on the global fluoroscopy equipment market, forecast sales and demand growth for the assessment period 2021-2031. The study reveals growth projections in fluoroscopy equipment market with detailed segmentation:

·By Product Type

  • Remote-Controlled Fluoroscopy Systems
  • Conventional Fluoroscopy Systems
  • C-Arms Systems
  • Others
    • FPD Fluoroscopes
    • Mobile C-Arms
    • Full Size C-Arm
    • Mobile Mini C-Arms

·By Application

  • Application of Fluoroscopy Equipment in Cardiology
  • Application of Fluoroscopy Equipment in Urology and Nephrology
  • Application of Fluoroscopy Equipment in Neurovascular
  • Application of Fluoroscopy Equipment in Orthopedic & Trauma Surgeries
  • Application of Fluoroscopy Equipment in Neurosurgeries
  • Application of Fluoroscopy Equipment in Cardiovascular Surgeries
  • Application of Fluoroscopy Equipment in Gastrointestinal Surgeries

·By End User

  • Hospitals
  • Diagnostic Centers
  • Others

Key Questions Covered in the Fluoroscopy Equipment Market Report

  • The market survey also highlights projected sales growth of the fluoroscopy equipment market between 2021 and 2031
  • The report offers insight into fluoroscopy equipment demand outlook for 2021-2031
  • Fluoroscopy equipment market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, collaborations or partnerships, and others
  • Fluoroscopy equipment market analysis identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry

Explore Fact.MR’s Coverage on the Healthcare Domain –

MRI-guided Radiation Therapy Systems Market- Relative advantages over linear accelerators resulted in MRI-guided radiation therapy devices to become an increasingly important aspect of cancer treatment (Linac). Leading market players attend conferences, exhibits, and trade fairs to improve their product positioning and increase lucrative sales. Favorable payment policies for cancer care continue to push adoption of MRI-guided radiation therapy systems across hospitals and radiotherapy facilities, allowing patients to have better access to highly efficient radiation therapy systems.

Image Guided Radiotherapy Market- The global imaging guided radiotherapy market is growing at an exponential rate, owing to the increasing prevalence of malignant growth and increased interest in cutting-edge therapies, which is the primary driver of the Imaging Guided Radiotherapy Market. The market is being driven by the rising prevalence of cancer and rapid advancements in disease treatment. Aside from this, the market is predicted to rise due to rising interest in better malignant growth therapy, expanding human service use, and government support for research and improvement.

Image Guided Surgery Devices Market- Growing demand for minimally invasive operations as a result of improved clinical results, technical advancements in imaging, and collaboration between the public and private sectors in the past drove demand for image guided surgery technologies. Market growth has been fueled by an increase in the number of cancer patients who are undergoing surgery using image guided surgery technologies. With Asia-rising Pacific’s economic growth and greater government efforts, leading image-guided surgery tool manufacturers are entering the region’s underdeveloped market.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range – from automotive & industry 4.0 to healthcare, technology to even the most niche categories. 80% of Fortune 1000’s trust us in critical decision making.

MarketNgage is powered by Fact.MR – our Unified Intelligence Engine, a revolutionary Market Research Subscription platform with a flexible pricing to suit your needs.

You can access all our healthcare research reports by signing up with MarketNgage’s Market Research Subscription with FREE credits. MarketNgage is powered by Fact.MR – A Fully integrated research solution for seamless single-window access widest coverage on emerging markets, nascent products, and disruptive technologies.

Contact:

Mahendra Singh
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: sales@factmr.com

Source: Fact.MR