Fluoroscopy Market - The rising awareness of interventional surgeries is expected to fuel revenue growth of the global Fluoroscopy & C – Arms market over the forecast period.
Fluoroscopy Market Size, Share and Growth
Fluoroscopy Market was worth 1990 million in 2018 and estimated to be growing at a CAGR of 3.2%, to reach USD 2329.44 million by 2023.
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Fluoroscopy Market Overview:
Fluoroscopy and mobile arcs are used in the study of parts of the human body that provide live images, such as X-ray images. These devices play an essential role in orthopedic surgery, cardiac catheterization, lumbar puncture, and biopsy, catheter placement interventionists in arteries and veins, and interventional radiology procedures. The growing preference for interventional radiology procedures is leading to faster growth in the fluoroscopy and C-arm mobile market. Interventional radiology is preferable because it damages tissue less, resulting in less pain and more recovery. Fast
Fluoroscopy Market Drivers and Restraints:
Rising awareness of interventional surgeries is expected to fuel revenue growth of the global Fluoroscopy & C – Arms market over the forecast period. Also, a shift towards a value-based healthcare model, an increasing number of hospital mergers and consolidations, increasing adoption of minimally invasive surgeries, growing demand for enhanced imaging technology, and rising demand for C – Arms in cardiology and vascular surgery is likely to boost the market growth in the coming years. However, the high cost of fluoroscopy devices and C – Arms is expected to restrict market growth during the forecast period.
Report segmented as:
· Fixed Systems
· Cardiovascular medications
· Orthopedic Surgeries
· Other Applications
· Diagnostic Centers
Fluoroscopy Market Geographical segmentation:
Geographically, the global fluoroscopy and mobile C-arms market are differentiated into four regions namely North America, Europe, Asia-Pacific and Rest of the World. North America dominated the fluoroscopy and mobile C-arms market in 2012, both in terms of value and volume, owing to the high awareness about medical imaging devices, acceptance of new and innovative products, financial capability to purchase expensive machines and high infrastructure investment supporting healthcare development. However, the Asia-Pacific region is expected to grow at a high CAGR due to the presence of untapped opportunities, improving healthcare infrastructure and increasing awareness about medical imaging procedures and their application in diagnosis and interventional radiology procedures.
Key Market Players:
GE Healthcare (General Electric Company), Koninklijke Philips N.V., Siemens Healthineers (Siemens AG), Hologic, Inc., and Ziehm Imaging are the leading companies operating in the global Fluoroscopy and C – Arms market.
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The Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with colossal growth potential identified and debated.
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