Anticipated Growth in Revenue:
The 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)
Surgical Imaging Market Overview
The Surgical Imaging market landscape is complex, with various sectors experiencing fluctuations. Investors are keeping a close eye on economic data, particularly inflation indicators, to gauge potential interest rate adjustments by central banks. This could impact growth trajectories and influence investment decisions across asset classes. Overall, a cautious optimism seems to be prevailing, with a focus on adaptability and strategic portfolio allocation in this dynamic environment.
Surgical Imaging Market Scope and Methodology:
Understanding the landscape of a Surgical Imaging market is crucial for any business venture. Market scope defines the size, demographics, and growth potential of a specific customer base. By outlining the methodology used to research this market, businesses can ensure they gather accurate and relevant data. This data can then be used to inform strategic decision-making, allowing businesses to effectively target their audience and navigate the competitive landscape.
Surgical Imaging Market Drivers:
The surgical imaging market is on the rise due to several key factors. Firstly, advancements in C-arm technology, specifically the switch from image intensifiers to flat-panel detectors (FPDs), offer significant advantages. FPDs are not only smaller and require less radiation, but they also produce consistently high-quality digital images, unlike image intensifiers which degrade over time. This improved image quality is crucial for minimally invasive procedures, another growing trend in surgery. Additionally, reimbursement cutbacks for older analogue radiography systems are pushing medical facilities to adopt newer technologies. These combined factors are driving significant growth within the surgical imaging market.
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Surgical Imaging Market Segmentation: The Art of Unveilingby Module
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
Surgical Imaging Market Key Players :
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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Surgical Imaging Market Regional Insights
The surgical imaging market is expected to experience significant growth driven by several factors. An aging population with a higher incidence of chronic diseases like cardiovascular illness and cancer is fueling the demand for advanced imaging techniques during surgeries. North America, with its well-established healthcare infrastructure and increasing adoption of new technologies, is expected to remain the dominant market. Asia Pacific is also poised for strong growth due to a rise in minimally invasive surgeries and a growing number of imaging centers. However, concerns regarding radiation exposure are prompting a focus on low-dose imaging technologies.
Key Questions answered in the Surgical Imaging Market Report are:
- What is the current market size for Surgical Imaging Market?
- What is the projected market size for Surgical Imaging Market over the next forecast period?
- What are the current standard practices for Surgical Imaging Market?
- What are the emerging drugs for Surgical Imaging Market?
- What are the mortality rates associated with Surgical Imaging Market?
- How does the epidemiology of Surgical Imaging Market impact the market growth?
- Who are the key players in the Surgical Imaging Market?
- What are the factors driving the growth of the Surgical Imaging Market?
- What are the emerging trends that will shape the Surgical Imaging Market market market in the coming years?
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