Fluoroscopy Equipment Market to grow at an Impressive CAGR During the Forecast Period
Rising geriatric population is driving the Global Fluoroscopy Equipment Market in the forecast period, 2022-2026.
According to TechSci Research report, “Global Fluoroscopy Equipment Market By Type (Fixed C-arms, Fluoroscopy Systems, Remote Controlled Systems, Patient-Side Controlled Systems, Others) By Application (Diagnostics v/s Surgical) {By Diagnostic (Cardiology, Gastroenterology, Urology & Nephrology, Others)} {By Surgical (Orthopedic & Trauma Surgeries, Neurosurgeries, Cardiovascular Surgeries, Others)} By End User (Hospitals & Clinics, Diagnostic Imaging Centers, Others) By Region, Competition Forecast & Opportunities, 2026”, the global fluoroscopy equipment market is expected to show a robust growth in the next five years, 2022-2026. The market growth can be attributed to the factors like rising uses of the device in the radiology department. Radiological procedures for the treatments of the target diseases such as varicose veins, Peripheral Artery Disease (PAD), pulmonary embolism, deep vein thrombosis, abdominal aortic aneurysms, among others. Also, sports mishaps often end in orthopedic surgeries and angiography that again involves active usage of fluoroscopy equipment in the diagnostics as well as surgical procedures. Diagnostics procedures are actively conducted in cardiology, gastroenterology, urology, nephrology departments, among others. Where as orthopedic & trauma surgery, neurosurgeries, cardiovascular surgeries, also involve active use of fluoroscopy equipment, thereby supporting the global fluoroscopy equipment market growth in the forecast years.
Moreover, technological advancements in the fluoroscopy equipment are also major growth drivers. Advancements like integration of fluoroscopy equipment with image intensifier like flat panel detector (FPD), rotational angiography with CT images are major advancements that has propelled the market growth.
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The global fluoroscopy equipment market is segmented by type, application, end user, competitional landscape, and regional distribution. Based on type the market is further fragmented into fixed c-arms, fluoroscopy systems, remote controlled systems, patient-side controlled systems, and others. Fluoroscopy systems are anticipated to dominate the market in the forecast years, 2022-2026. With more than 50% shares in the market, the fluoroscopy systems owe it to the range of procedures that involves its use. These procedures are image-guided biopsy, angiography, and discography, among others. These systems are also utilized in quality assurance and non-destructive testing of medical devices, these factors are anticipated to substantially support the market growth in the next five years.
Some of the major competitors in the market are Siemens Healthineers AG, GE Healthcare, Koninklijke Philips N.V., Canon Medical Systems Corporation, Medtronic Plc., Hologic, Inc., Shimadzu Corporation, Hitachi, Ltd., Carestream Health, Inc., Allengers Medical Systems Limited, Ziehm Imaging GmbH, Agfa-Gevaert Group, ADANI Systems, Inc., Omega Medical Imaging, Inc., Xcelsitas AG, among others.
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“North American region is anticipated to be the most promising region in terms of market share. The healthcare industry in the region is at its excellence and with the affordability of all the expensive medical devices, the market is inclined toward the region for dominance in the upcoming five years. Also, top players in the region are actively involved in the partnerships and for devising advanced and technically better products thereby supporting market growth. Enforcement of patient safety and high diagnostic standards are important and would strengthen the player’s role in the market growth,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based Global management consulting firm.
“Global Fluoroscopy Equipment Market By Type (Fixed C-arms, Fluoroscopy Systems, Remote Controlled Systems, Patient-Side Controlled Systems, Others) By Application (Diagnostics v/s Surgical) {By Diagnostic (Cardiology, Gastroenterology, Urology & Nephrology, Others)} {By Surgical (Orthopedic & Trauma Surgeries, Neurosurgeries, Cardiovascular Surgeries, Others)} By End User (Hospitals & Clinics, Diagnostic Imaging Centers, Others) By Region, Competition Forecast & Opportunities, 2026”, has evaluated the future growth potential of global fluoroscopy equipment and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global fluoroscopy equipment.
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