Fluoroscopy Equipment Market Worth USD 4.74 Billion By 2025: Grand View Research, Inc.
The
global fluoroscopy systems/equipment market is expected
to reach USD 4.74 billion by 2025, according to a new report by Grand View
Research, Inc. The unprecedented growth is believed to be a consequence of
rising patient preference for minimally invasive surgeries. These devices facilitate
early diagnosis and reduce treatment duration in majority of surgical
procedures.
The
growing demand is also a consequence of improved cost-efficiency, safety,
efficacy, rapid recovery, and reduced hospital stay. These factors anticipated
to fuel the demand for fluoroscopy equipment over the forecast period. Other
advantages include fewer incision wounds and postsurgical complications that
lead to higher patient satisfaction.
The
market is also driven by technological advancements such as incorporation of
radiation dose monitoring tools for optimized radiation in fluoroscopy
equipment. Other advancements include robotically controlled C-arms, integrated
navigation tools, and image guidance software. These advancements have led to
enhanced image guidance during interventional, ablation, and biopsy procedures
as well as improved optimization of working procedures.
U.S.
fluoroscopy systems market by product, 2014 - 2025 (USD Million)
Browse full research report on Fluoroscopy
Equipment Market: http://www.grandviewresearch.com/industry-analysis/fluoroscopy-market
Further
Key Findings From the Study Suggest:
- C-arms segment is predicted to witness
exponential growth owing to high cost-efficiency and wide applicability in
different fields such as traumatology, orthopedics, vascular surgery for
intraoperative imaging, and others
- Cardiovascular emerged as the largest
application segment in 2016 as a consequence of high prevalence of
cardiovascular diseases, raising the clinical urgency for adoption of
fluoroscopy equipment
- Hospitals held the largest share in end-use
segment due to high patient volume, consistent readmissions, and easy
availability of high-end equipment
- North America accounted for the largest share,
which can be attributed to the extensive R&D activities that are
likely to provide platform for growth through consistent approvals of new
product
- The market in Asia Pacific is projected to
witness substantial growth over the next decade, due to growing awareness
pertaining to availability and benefits of these devices, further
triggering significant penetration
- GE Healthcare, Philips Healthcare, and Siemens
Healthineers together accounted for a dominant share in the global
fluoroscopy equipment market in 2016
- The key companies are aggressively undertaking
collaborative strategies, new and advanced product development activities,
and mergers & acquisitions leading to significant growth
- In May 2015, Philips Healthcare launched
DuoDiagnost, an integrated radiography and fluoroscopy system. This
equipment was launched to yield higher price-performance ratio in different
applications and achieve a greater return on investment
Access
Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-fluoroscopy-systems-equipment-market
About
Grand View Research, Inc:
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, the company offers market intelligence
studies ensuring relevant and fact-based research across a range of industries
including technology, chemicals, materials, healthcare and energy.
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