Fluoroscopy and Mobile C-Arms Market – Overview
The surge in demand for interventional radiological procedures is expected to enhance market growth in the future. Reports that review the healthcare industry has been offered by Market Research Future, which generates reports on industry verticals that evaluate the market development and opportunities. The Fluoroscopy and Mobile C-Arms Market Share is projected to accomplish a CAGR of 4.58% and is projected to garner USD 2,951.4 million in earnings by 2023.
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The increasing prevalence of chronic diseases is expected to have a significant impact on the fluoroscopy and mobile c-arms market. The market is also being encouraged by the massive geriatric population present globally. The increased pace of development in the healthcare sector is also anticipated to motivate the fluoroscopy and mobile c-arms market in the coming forecast period.
Key Players-
The prominent players in the global fluoroscopy and mobile c-arms market are Allengers Medical Systems (India), Canon Medical Systems Corporation (Japan), DMS Group (France), GE Healthcare (US), Hitachi Ltd (Tokyo), Hologic Inc. (US), Omega Medical Imaging, LLC (US), OrthoScan, Inc. (US), Koninklijke Philips N.V. (The Netherlands), Shimadzu Corporation (Japan), Siemens (Germany), Varian Medical Systems, Inc. (US), Villa Sistemi Medicali Spa (Italy), and Ziehm Imaging GmbH (US)
Segmental Analysis
The segmental assessment of the fluoroscopy and mobile c-arms market has been carried out on the basis of application, device type, and end user.
- Based on the device type, the fluoroscopy and mobile c-arms market has been segmented into mobile c-arms and fluoroscopy systems.
- Based on the application, the fluoroscopy and mobile c-arms market has been segmented into orthopedics, gastrointestinal, pain management and trauma, cardiovascular, urology, neurology, and others.
- On the basis of end user, the fluoroscopy and mobile c-arms market has been segmented into diagnostic centers, hospital and clinics, research, and academic institutes, among others. The hospital and clinics segment is predicted to reach a market value of USD 895.96 million in 2017.
Detailed Regional Analysis
The regional review of the fluoroscopy and mobile c-arms market based on region comprises of Europe, Asia Pacific, the Americas, and the Middle East and Africa. The Americas region is projected to lead the fluoroscopy and mobile c-arms market. In this region, the North American region is likely to govern the market due to the adoption of new and advanced products, the upsurge in awareness about medical imaging devices, and increasing financial skill to buy expensive machines. The European region showed a significant amount of growth in the market due to the growing occurrence of road accidents leading to a mounting number of orthopedic surgeries in the European region, amplified spending in the healthcare sector, and growing R&D activities. Asia-Pacific is projected to be the fastest mounting region in the market. The emerging economies of India, China, and South Korea are appearing as chief destinations for outsourcing clinical trials and pathology testing. Furthermore, the Middle East & Africa region have a minimum share of the fluoroscopy and mobile c-arms market owing to the minimal disposable income levels.
Competitive Analysis
The reinforcement of the distribution channels in the market is presumed to augment the saturation of the products. The incidence of popular products and brands is determining the expansion of the market to a significant extent. The strategic success features are also constructively impacting the evolution of the market. In the approaching years, market viability will increasingly improve as modernization, and product advances encourage positive changes. The industry cost make-up is also likely to modify with time. The market conditions are extremely dependent on the factors that are influencing the prospects and the challenges that are prevailing in the market. The players in the market are making certain that the product and services being offered in the market are supporting the preferences of their user base favorably. The innovative trends emerging in the market are expected to set the foundation for vigorous development in the forthcoming period. The market size is also anticipated to increase significantly in the approaching years. Also, the development of technology has increased momentum, guiding to improved market growth.
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