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 research provides a comprehensive insight into the competition, including the market share and company profiles of the world’s biggest rivals. The research scope covers a comprehensive examination of the Surgical Imaging Market, as well as the causes for variances in the industry’s growth across a variety of sectors.
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Market Scope:
Top-down and bottom-up approaches are used to validate market size and estimate market size by segment. The market estimations in the research are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights based on usage rate and average sale price are applied to each area to generate percentage splits, market shares, and segment breakdowns. The country-wise divisions of the overall market and its sub-segments are determined by the percentage adoption or usage of the specified market Size in the relevant area or nation.
Dynamics:
The main factors propelling the growth of the surgical imaging market are the advantages of FPDs over image intensifiers, technical advancements, reimbursement reductions for analogue radiography systems, and the increased need for less invasive procedures. Surgical imaging has significantly improved as a result of the development of C-arm technology from traditional X-ray image intensifier technology to digital flat-panel detectors (FPDs). FPDs are more advantageous than picture intensifiers in a number of ways, including smaller size and reduced radiation exposure. FPDs are capable of creating a more consistent, high-quality digital image, even though resolution varies by model. With ordinary image intensifiers, the quality of the images declines with time, but not with FPDs.
Segmentation:
Through application, Cardiovascular, neurosurgery, ophthalmology, thoracic, urologic, orthopaedic, and trauma applications make up the market's segments. The sector with the biggest market share in 2022 was orthopaedic and trauma, and it is anticipated that it would expand at the fastest rate over the forecast period. Fibre-optic cameras are used in minimally invasive procedures to reduce the complexity and cost of intrathoracic treatments. The greatest widespread use of surgical imaging will probably be in orthopaedic surgeries. Orthopaedic surgery is anticipated to offer an additional potential of more than US$ 100 million between 2023 and 2029. The use of surgical imaging in orthopaedics is being driven by the increase in orthopaedic operations done as well as a demand for less intrusive techniques.
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
Key Players:
Primary and secondary research is used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.
The biggest players in the Surgical Imaging market are as follows:
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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Regional Analysis:
Individual market influencing components and changes in market laws impacting current and future market trends are also covered in the Surgical Imaging market analysis regional overview. Current and future trends are studied in order to evaluate the overall market potential and find profitable patterns in order to get a firmer footing. The geographical market evaluation is based on the current environment and anticipated trends.
COVID-19 Impact Analysis on Surgical Imaging Market:
End-user industries where Surgical Imaging are utilized saw a drop in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, and the United States, as well as Spain, France, and India, due to a halt in operations. This resulted in a significant decrease in the revenues of enterprises in these industries, as well as in demand for Surgical Imaging manufacturers, harming the Surgical Imaging market’s growth in 2020. End-user business demand for Surgical Imaging has decreased as a result of lockdowns and an increase in COVID-19 occurrences throughout the world.
Key Questions Answered in the Surgical Imaging Market Report are:
- In 2023, which segment accounted for the most share of the Surgical Imaging market?
- What is the competitive landscape of the Surgical Imaging market?
- What are the key factors influencing Surgical Imaging market growth?
- In the Surgical Imaging market, which region has the most market share?
- What will be the CAGR of the Surgical Imaging market during the forecast period (2023-2029)?
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The Global Surgical Imaging Market size is estimated to be USD 1.10 billion in 2019 and is predicted to reach USD 1.71 billion by 2030 with a CAGR of 4.1% from 2020-2030.Surgical Imaging systems are based on x ray technology which is used in the operating rooms and works of 2D or 3D medical imaging.
These systems are generally used in minimally invasive procedures to have a proper look of the surgical site and carry out the whole procedure successfully without opening the surgical site completely.
It is mostly used in the orthopedics, neurology, cardiology and other surgeries.Access Full Description of this report at:- https://www.nextmsc.com/report/surgical-imaging-market Top Companies: GENORAY Co. Ltd., GE Healthcare (A Subsidiary of General Electric Company),Hologic, Inc., Medtronic plc, Koninklijke Philips N.V., Shimadzu Corp., Toshiba Medical Systems Corporation, Siemens Healthineers AG, Ziehm Imaging GmbH and Whale Imaging Inc and others.The global surgical imaging market share is analyzed on the basis of modality type, technology type, application and geography.
Furthermore, increase in technological advancement, presence of developed healthcare infrastructure and increase in minimally invasive surgeries are expected to fuel the growth of surgical imaging market.
Asia Pacific is expected to show rapid growth owing to the presence of developing economies such as China, India and others.
Furthermore, increasing accessibility to the healthcare facilities favorable reimbursement scenario and various advantages are expected to support the growth of surgical imaging market in the near future.About Next Move Strategy Consulting:Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share.
