The fluoroscopy equipment market is witnessing significant growth due to the increasing demand for minimally invasive procedures and advancements in medical imaging technology. Fluoroscopy is a medical imaging technique that uses X-rays to obtain real-time images of the internal structures of the body. It is commonly used in various medical specialties, including cardiology, orthopedics, and gastroenterology.
The global fluoroscopy equipment market size is expected to reach USD 10.38 Billion in 2032 and register a revenue CAGR of 4.8% during the forecast period, according to latest analysis by Emergen Research. The global fluoroscopy equipment market is driven by several factors. Firstly, the rising prevalence of chronic diseases, such as cardiovascular disorders and cancer, is fueling the demand for fluoroscopy procedures. Fluoroscopy allows for the visualization of blood vessels, organs, and tissues, aiding in the diagnosis and treatment of these conditions.
Additionally, the growing geriatric population, which is more prone to age-related diseases, is contributing to the market growth. The elderly population often requires diagnostic and interventional procedures that utilize fluoroscopy, such as angiography and stent placement.
Moreover, technological advancements in fluoroscopy equipment are driving market expansion. Manufacturers are developing innovative devices with improved image quality, reduced radiation exposure, and enhanced workflow efficiency. These advancements are attracting healthcare providers and driving the adoption of fluoroscopy equipment.
However, there are certain restraints that may hinder the growth of the fluoroscopy equipment market. One of the major challenges is the high cost associated with these devices. Fluoroscopy equipment can be expensive to purchase and maintain, which may limit their adoption, especially in developing regions with limited healthcare budgets.
Furthermore, concerns regarding radiation exposure and its potential health risks pose a challenge to the market. Healthcare providers and patients are increasingly aware of the importance of minimizing radiation exposure during fluoroscopy procedures. Manufacturers are focusing on developing equipment with dose reduction features to address these concerns.
In terms of recent product launches, here are a few examples:
- On 06 January 2021, Samsung launched large capacity Variable Refrigerant Flow (VRF) air conditioning systems in India that can be installed in just 0.5 square meters of space in premium apartments, villas, bungalows, houses as well as commercial and retail establishments.
- On 15 March 2021, Siemens Healthineers introduced the Artis icono angiography system, a high-resolution fluoroscopy system designed for interventional procedures. This system offers advanced imaging capabilities, precise dose management, and enhanced workflow efficiency.
- On 22 May 2021, GE Healthcare launched the Discovery IGS 7 OR, a mobile fluoroscopy system for surgical imaging. This system provides high-quality images, flexible positioning, and seamless integration with other surgical technologies, enabling efficient and precise surgical interventions.
Factors influencing the growth of the Fluoroscopy Equipment market and impacting the growth of the industry are studied extensively in the report. The report considers the COVID-19 pandemic as one of the key influencing factors of the Fluoroscopy Equipment market. The report discusses in detail the positive and negative impact of the pandemic on the Fluoroscopy Equipment industry. The supply chain disruptions and economic volatility have altered the dynamics of the Fluoroscopy Equipment industry. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario.
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Competitive Outlook: The leading companies operating in the Fluoroscopy Equipment market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Fluoroscopy Equipment Market and Profiled in the Report are:
Siemens Healthcare GmbH, GE HealthCare, Koninklijke Philips N.V., Shimadzu Corporation, Ziehm Imaging GmbH, CANON MEDICAL SYSTEMS CORPORATION, Hitachi, Ltd., Carestream Health., Hologic, Inc., ADANI SYSTEMS, Inc
Objectives of the Report:
Study of the global Fluoroscopy Equipment market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Fluoroscopy Equipment market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Fluoroscopy Equipment market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Fluoroscopy Equipment market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
-
Product Outlook (Revenue, USD Billion; 2019–2032)
- Fixed C-Arms
- Fluoroscopy Systems
- Remote Controlled Systems
- Patient-Side Controlled Systems
- Mobile C-Arms
-
Application Outlook (Revenue, USD Billion; 2019–2032)
- Diagnostics
- Cardiology
- Gastroenterology
- Urology & Nephrology
- Others
- Surgical Applications
- Orthopedic & Trauma Surgeries
- Neurosurgeries
- Cardiovascular Surgeries
- Gastrointestinal Surgeries
- Others
- Diagnostics
-
End-Use Outlook (Revenue, USD Billion; 2019–2032)
- Hospitals
- Diagnostic Centers
- Others
-
Regional Outlook (Revenue, USD Billion, 2019–2032)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- Israel
- Rest of MEA
- North America
Regional Segmentation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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