Fluorescence Guided Surgery Systems Market – Type (SPY System, PDE System, VS3 Iridium System), Surgery (Open, Laparoscopic/Endoscopic), Application (Cancer, Cardiovascular) – Global Forecast (2024 – 2032)

Fluorescence Guided Surgery Systems Market – Type (SPY System, PDE System, VS3 Iridium System), Surgery (Open, Laparoscopic/Endoscopic), Application (Cancer, Cardiovascular) – Global Forecast (2024 – 2032)


Fluorescence Guided Surgery Systems Market size is expected to expand at 16.3% CAGR from 2024 to 2032 driven by the increasing prevalence of cancer and the strong need for more precise surgical interventions. As per WHO, in 2022, approximately 20 million new cancer cases were reported, resulting in around 9.7 million fatalities. These systems enable surgeons to visualize tumors and other critical structures in real-time for enhancing the accuracy of tumor removal and minimizing damages to surrounding healthy tissues. This technology is particularly beneficial in oncology, where precise excision of malignant tissues is crucial for patient outcomes.

The increasing investments in healthcare infrastructure and the rising awareness among healthcare providers about the benefits of advanced surgical technologies will influence the market growth. Governments and private sector entities are investing heavily in upgrading healthcare facilities and equipping them with state-of-the-art surgical tools to improve patient care. The continuous advancements in fluorescence imaging technology, such as the development of new fluorescent dyes and imaging agents, are further expanding the applications of fluorescence-guided surgery beyond oncology to fields like neurosurgery, cardiovascular surgery, and orthopedics.

The industry is segmented into type, surgery, application and region.

Based on type, the fluorescence guided surgery systems market value from the PDE system segment is slated to witness robust growth rate over 2024-2032 due to its ability to enhance the detection and treatment of various diseases. PDE systems utilize fluorescent dyes that selectively accumulate in diseased tissues, making them highly visible under specialized imaging devices during surgery. This technology also allows surgeons to precisely identify tumor margins and residual cancerous cells that may not be visible to the naked eye or conventional imaging methods.

With respect to surgery, the fluorescence guided surgery systems industry from the laparascopic/endoscopic surgery segment is poised to depict significant CAGR from 2024 to 2032. The growth is favored by the increasing demand for minimally invasive procedures that offer reduced recovery times and fewer complications compared to traditional open surgeries. Fluorescence-guided systems also enhance the precision and safety of laparoscopic and endoscopic surgeries by providing real-time visualization of critical structures, such as blood vessels, lymph nodes, and tumors.

Asia Pacific fluorescence guided surgery systems industry is projected to depict sustained growth from 2024-2032. The increasing healthcare expenditure and infrastructure development across China, India, and Japan, are leading to heavy investments for upgrading medical facilities and adopting advanced surgical technologies. The rising incidence of cancer and other chronic diseases is also driving the need for innovative diagnostic and treatment solutions that enable more effective tumor detection. Rising advancements in healthcare technology and the growing awareness among healthcare providers about the benefits of fluorescence-guided surgery are also driving the regional market growth.


Chapter 1 Methodology & Scope
1.1 Market scope & definitions
1.2 Research design
1.2.1 Research approach
1.2.2 Data collection methods
1.3 Base estimates & calculations
1.3.1 Base year calculation
1.3.2 Key trends for market estimation
1.4 Forecast model
1.5 Primary research and validation
1.5.1 Primary sources
1.5.2 Data mining sources
Chapter 2 Executive Summary
2.1 Industry 360 degree synopsis
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Industry impact forces
3.2.1 Growth drivers
3.2.1.1 Increasing prevalence of chronic diseases
3.2.1.2 Growth in targeted surgeries for cancer and cardiovascular disorders
3.2.1.3 Growing focus towards improving surgical outcomes and reducing operating time
3.2.1.4 Government initiatives aimed at improving surgical infrastructure
3.2.2 Industry pitfalls & challenges
3.2.2.1 High cost of surgical equipment and consumables
3.2.2.2 Limited reimbursement coverage for fluorescence imaging procedures
3.3 Growth potential analysis
3.4 Technology landscape
3.5 Regulatory landscape
3.6 Porter's analysis
3.7 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Company matrix analysis
4.4 Competitive analysis of major market players
4.5 Competitive positioning matrix
4.6 Strategic dashboard
Chapter 5 Market Estimates and Forecast, By Type, 2021 - 2032 ($ Mn)
5.1 Key trends
5.2 SPY system
5.3 PDE system
5.4 VS3 iridium system
5.5 Other types
Chapter 6 Market Estimates and Forecast, By Surgery, 2021 - 2032 ($ Mn)
6.1 Key trends
6.2 Open surgery
6.3 Laparoscopic/endoscopic surgery
Chapter 7 Market Estimates and Forecast, By Application, 2021 - 2032 ($ Mn)
7.1 Key trends
7.2 Cancer surgeries
7.3 Cardiovascular surgeries
7.4 Other applications
Chapter 8 Market Estimates and Forecast, By Region, 2021 - 2032 ($ Mn)
8.1 Key trends, by region
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 France
8.3.4 Spain
8.3.5 Italy
8.3.6 Netherlands
8.3.7 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 South Korea
8.4.6 Rest of Asia Pacific
8.5 Latin America
8.5.1 Brazil
8.5.2 Mexico
8.5.3 Rest of Latin America
8.6 Middle East and Africa
8.6.1 South Africa
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Rest of Middle East and Africa
Chapter 9 Company Profiles
9.1 Stryker Corporation
9.2 Olympus Corporation
9.3 KARL STORZ SE & Co. KG
9.4 Medtronic plc
9.5 Carl Zeiss Meditec AG
9.6 Danaher Corporation (Leica Microsystems)
9.7 Hamamatsu Photonics K.K.
9.8 Shimadzu Corporation
9.9 LI-COR, Inc.
9.10 PerkinElmer Inc.
9.11 Getinge (Fluoptics)
9.12 OnLume Inc.
9.13 Irillic Pvt. Ltd.
9.14 Curadel, LLC

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