Intraoperative Imaging Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Intraoperative Imaging Market
The intraoperative market size, worth USD 2.80 billion in 2023, is predicted to increase, while reaching USD 2.94 billion in 2024 and then amplify to USD 4.61 billion by 2032. Which lead to an annual growth rate of 5.8% on average from 2024 to 2032 .
The COID-19 pandemic implemented significant challenges, as importance was given to corona virus patient over non essential elective surgeries which were not life-threatening unlike COVID. Therefore a huge decline in demand for intraoperative imaging equipment was found. Intraoperative imaging market growth took place post-pandemic as demand for advanced imaging systems can support and enhance the efficacy of healthcare procedures.
The demand for intraoperative imaging has risen due to increasing number of patient undergoing surgeries and its advanced technology by key players and health care increases intraoperative imaging market share globally. This led to the improved outcome of procedure conducted by image-guided surgical system and modalities such as computed tomography scanners and c-arms.
In addition, advanced intraoperative imaging system integrated with AI algorithms are introduced by several companies to healthcare professionals with flexible and control c-arm operations. Therefore increasing number of chronic diseases and product launch boosted the market during the projected period.
Comprehensive Analysis of Intraoperative Imaging Market
The intraoperative imaging market is rising at an exponential rate due to its market segmentation. The market expansion effectively provides detailed regional assessments considering the demand which benefits healthcare facilities. These segmentations are further segregated by types which include c-arms, o-arms, and others, by imaging includes 2-D and 3-D, however the end users includes hospitals & ASCs and specialty clinics and others.
The North America region leads the intraoprative imaging market by benefiting a market size of USD 1.37 billion in 2023 by adopting advanced imaging system such as mini and mobile c-arms. The collaboration between key market players and tech companies, the market growth has been increasing largely which resulted in launch of more advanced imaging system in the market. For instance, in April 2021, Ziehm imaging GmbH and Carestream Health became partners to distribute Ziehm Vision RFD c-arm in the U.S. and Canada.
In terms of share and revenue Europe holds the subsequent place because their key players are increasingly manufacturing and supplying products all over the region to meet demands of healthcare facilities. Turner Imaging Systems received CE Mark approval for its Smart-C Mini C-Arm portable fluoroscopy X-ray imaging device, allowing it to be distributed throughout the EU, including Germany, in June 2021.
Due to increasing number of orthopaedic and cardiovascular surgeries, Asia Pacific witnesses the highest CAGR and growing demand for c-arms in its region. China performs 400,000 hip arthroplasty (THA) every year according to the report published by BioMed Central Ltd. On the other hand, increasing rate of cardiovascular diseases contributed in the growing market of Latin America during forecast period. While the Middle East and Africa regional market are growing vat moderate CAGR due to the demand of factors like healthcare infrastructure, strong economic growth and increased medical tourism.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth RateCAGR of 5.8% from 2024-2032
Unit Value (USD billion)
Segmentation By Type
C-arms
O-arms
Others
By Imaging
2-D
3-D
By End User
Hospitals & ASCs
Specialty Clinics & Others
By Region
North America (By Type, By Imaging, By End User, By Country)
U.S.
Canada
Europe (By Type, By Imaging, By End User, By Country/Sub-region)
Germany
France
U.K.
Italy
Spain
Scandinavia
Rest of Europe
Asia Pacific (By Type, By Imaging, By End User, By Country/Sub-region)
China
India
Japan
Australia
Southeast Asia
Rest of Asia Pacific
Latin America (By Type, By Imaging, By End User, By Country/Sub-region)
Brazil
Mexico
Rest of Latin America
Middle East & Africa (By Type, By Imaging, By End User, By Country/Sub-region)
GCC
South Africa
Rest of the Middle East & Africa
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