The Global Fluoroscopy Devices Market Growth Accelerated By Rising Adoption In Hospitals And Diagnostic Centers

 
Fluoroscopy Devices Market 

Fluoroscopy devices are medical imaging systems that utilize x-rays to obtain real-time moving images of internal organs of the body. It provides both 2D and 3D visualization of internal organs and structures. Fluoroscopy devices find wide applications during minimally invasive surgeries and interventional procedures in areas such as cardiology, urology, orthopedics, and gastroenterology. The use of advanced imaging technologies during surgeries help surgeons perform procedures efficiently with minimal invasion.

The global Fluoroscopy Devices Market is estimated to be valued at US$ 4720.31 Mn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The rising adoption of minimally invasive procedures in hospitals as well as ambulatory surgical/diagnostic centers is the primary factor accelerating the demand for fluoroscopy devices. As per data by Eurostat 2021, around 15 million surgeries were performed in the European Union (EU). Moreover, according to Organization for Economic Co-operation and Development (OECD), catheter-based procedures grew at a rate of 12% from 2010 to 2018 globally. This rising number of minimally invasive surgeries requires advanced imaging systems like fluoroscopy devices to guide procedures. Furthermore, technological advancements enabling features like improved image quality, smaller size, and portable systems are also fueling the fluoroscopy devices market growth over the forecast period.


Segment Analysis
The global fluoroscopy devices market is dominated by fixed C-arms sub segment. Fixed C-arm fluoroscopy devices hold the highest market share owing to their numerous advantages over mobile c-arms such as stationary rotation, flexibility to switch between angulations and lateral positionings, and ease of robotic navigation. They are ideal for robotic surgeries and image-guided interventions as they offer 360-degree rotation and precise positioning.

Key Takeaways
The Global Fluoroscopy Devices Market Demand is expected to witness high growth over the forecast period of 2023 to 2030. Regionally, North America is expected to dominate the market. Factors such as rising geriatric population, growth in chronic diseases, adoption of minimally invasive surgeries and technological advancements in imaging systems are driving the demand for fluoroscopy devices in the region.

Regional analysis
North America is expected to be the fastest growing market for fluoroscopy devices during the forecast period. Rise in aging population, increase in prevalence of chronic diseases and sports injuries, and growing preference for minimally invasive surgeries are some of the key factors fueling the demand for fluoroscopy devices in the region. According to CDC, over 60 million surgeries are conducted in the United States yearly, of which at least 70% use fluoroscopy guidance.

Key players
Key players operating in the fluoroscopy devices market are Hologic Inc., Siemens Healthcare GmbH, Shimadzu Medical, Koninklijke Philips NV, FUJIFILM Holdings Corporation, Carestream Health, Canon Medical Systems Corporation, General Electric Company (GE Healthcare), and ATON GmbH (Ziehm Imaging Inc. and OrthoScan, Inc.). Hologic Inc. and Koninklijke Philips NV hold major market share owing to their diversified product portfolio and strong geographical presence across the world.

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https://www.marketwebjournal.com/fluoroscopy-devices-market-market-size-share-analysis-growth/

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