North America Orthopedic Imaging Equipment Market Size, Share & Trends Analysis Report By End-use (Hospitals, Diagnostic Imaging Centers, and Others), By Modality, By Indication, By Country and Growth Forecast, 2024 - 2031
North America Orthopedic Imaging Equipment Market Size, Share & Trends Analysis Report By End-use (Hospitals, Diagnostic Imaging Centers, and Others), By Modality, By Indication, By Country and Growth Forecast, 2024 - 2031
The North America Orthopedic Imaging Equipment Market would witness market growth of 4.9% CAGR during the forecast period (2024-2031).
The US market dominated the North America Orthopedic Imaging Equipment Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,793.8 million by 2031.The Canada market is experiencing a CAGR of 7.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 6.4% during (2024 - 2031).
Continuous research and development endeavors strive to optimize imaging modalities through the incorporation of advanced imaging techniques—including functional imaging and 3D reconstruction—into the framework of faster imaging speeds, improved image quality and reduced radiation exposure.
Moreover, these innovations enable healthcare providers to make more informed decisions regarding patient care, treatment planning, and surgical interventions.
According to data from the government of Mexico, in Mexico, there are almost 13 million people who are 60 years old or older. Healthcare providers in Mexico are likely to invest in advanced imaging technologies to address the healthcare needs of an aging population and improve patient outcomes. Thus, the region presents lucrative growth prospects for the market throughout the forecast period.
Based on End-use, the market is segmented into Hospitals, Diagnostic Imaging Centers, and Others. Based on Modality, the market is segmented into X-ray, MRI, Ultrasound, CT, and Nuclear Imaging. Based on Indication, the market is segmented into Trauma Cases, Arthritis, Bone Disorders, Sport Injuries, Musculoskeletal Cancer, Muscle Atrophy, Spinal Injuries, and Others.Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.