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Fluoroscopy and Mobile C-Arms Market Size, Demand Overview and Forecast Till 2023

Feb 12th 2020 at 6:47 AM

Market Overview:

Fluoroscopy can be defined as an imaging technique, which uses X-Ray technology for taking real-time images of the body. It allows the physicians to visualize muscles, organs, and bones, which further helps them to make crucial decisions during surgery.

The global Fluoroscopy And Mobile C-Arms Market Size, as per a report by Market Research Future (MRFR) is touted to register a CAGR of 4.58%, surpassing a valuation of USD 2,951.4 million during the forecast period (X).

Factors like the rising incidence of chronic diseases, ever-increasing geriatric population, and high adoption of fluoroscopy in neurological and orthopedic procedures will supplement the market growth in the segment. Improving healthcare infrastructure, advancing technology in fluoroscopy and C-arms equipment, and increasing number of interventional radiology surgeries are likely to elevate the scope for the market across the globe. Moreover, rapid product launches and rising number of mergers and acquisitions will further contribute to the market growth in the long run. The shift towards a value-based healthcare model, surging adoption of minimally invasive surgeries, and soaring demand for improved imaging technology are likely to promote the market growth in the coming years.

On the contrary, the high cost of fluoroscopic and mobile c-arm systems, coupled with the risk of radiation exposure are some of the key concerns likely to restrict the market growth across the globe.

Competitive Dashboard:

· Canon Medical Systems Corporation

· Allengers Medical Systems

· GE Healthcare

· DMS Group

· Hologic In

· Hitachi Ltd

· OrthoSca

· Omega Medical Imaging

· Shimadzu Corporation

· Koninklijke Philips N.V.

· Varian Medical System

· Siemens

· Ziehm Imaging GmbH

· Villa Sistemi Medicali Spa

Global Fluoroscopy and Mobile C-Arms Market: Segmental Analysis

· The fluoroscopy and mobile C-arms market has been segmented on the basis of application, device type, and end user.

· By device type, the market is segmented into fluoroscopy systems and mobile c-arms. Of these, the mobile C-arms segment will gain significant prominence, mainly due to the soaring incidence of cardiovascular disease and the rising number of orthopedic surgeries.

· The market finds application in orthopedics, gastrointestinal, cardiovascular, pain management and trauma, urology, neurology, and others.

· Based on the end users, the market constitutes diagnostic centers, hospital and clinics, research and academic institutes, and others.

Regional Frontiers

Geographically, the fluoroscopy and mobile C-arms market have been studied under regions namely, Europe, the Americas, Asia Pacific, and the Middle East & Africa.

Considering the global scenario, the Americas is predicted to acquire the lion’s share and dominate the market globally. In this region, North America is predicted to command the largest share, mainly due to the acceptance of innovative and latest products. Also, the surging awareness regarding medical imaging devices and rising financial capability to purchase expensive machines are driving the market growth in the region.

Europe is likely to register moderate growth in the foreseeable future. The regional growth can be credited to the surging prevalence of road accidents, which leads to orthopedic surgeries. The rising expenditure in the healthcare sector and increasing R&D activities will further contribute to the market growth in the long run.

Meanwhile, the Asia Pacific will register the fastest growth across the globe. Developing countries like India, China, and South Korea are gradually becoming major destinations for pathology testing and outsourcing clinical trials. This is likely to elevate the scope of the market in the region. The presence of untapped opportunities, surging awareness about medical imaging techniques and applications, and improving healthcare infrastructure are encouraging the regional market’s growth.

Industry Updates:

September 2019: ControlRad has recently announced the completion of the first clinical use of its Trace system. This Atlanta-based ControlRad’s Trace technology can be easily integrated into mobile C-arms. It assists in reducing radiation in fluoroscopically guided procedures and protect medical staff and patients, without hampering image quality and workflow.

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