Data Bridge Market Research analyses that the surgical imaging market was valued at USD 1.91 billion in 2021 and is expected to reach USD 3.14 billion by 2029, registering a CAGR of 6.37% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Some of the major players operating in the surgical imaging market are:
Siemens Healthcare GmbH (Germany)
CANON MEDICAL SYSTEMS CORPORATION (Japan)
General Electric (US)
TOSHIBA CORPORATION (Japan)
Olympus Corporation (Japan)
Koninklijke Philips N.V. (Netherlands)
Hologic, Inc. (US)
CONMED Corporation (US)
NDS Surgical Imaging (Florida)
Carestream Health (US)
Ziehm Imaging GmbH (Germany)
Eurocolumbus s.r.l. (Italy)
OrthoScan Inc. (US)
BPL Medical Technologies (India)
Basler AG (Germany)
Surgical Imaging Associates LLC (US)
Shimadzu Corporation (Japan)
Agilent Technologies, Inc.(US)
The market for surgical imaging is estimated to increase rapidly over the forecast period. Chronic disorders including cardiovascular disease, are frequently linked to the aging process. According to the World Health Organization (WHO), cardiovascular diseases (CVDs) are the leading cause of mortality worldwide, killing 17.9 million people each year. Strokes and heart attacks account for four out of every five cardiovascular deaths, with one-third of deaths occurring before the age of 70. Hence, an increase in the frequency of chronic diseases led to the introduction of surgical imaging in the market.
Prior to and during surgical procedures, surgical imaging is used to view internal images of the body, including bones and organs. It encompasses fluoroscopy, ultrasound, X-rays, computed tomography (CT), magnetic resonance imaging (MRI), magnetic resonance (MR) guided radiation therapy, and radionuclide methods, among other medical modalities. Surgical imaging has grown in popularity among surgeons over the years because it allows them to conduct complex surgical procedures with greater ergonomics, efficiency, and safety.
Global Surgical Imaging Market Scope
The surgical imaging market is segmented on the basis of technology, application, product, modality and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Image Intensifier C-Arms
Flat Panel Detector C-Arms
Based on technology, the surgical imaging market is segmented into image intensifier c-arms, flat panel detector c-arms.
Orthopedic and Trauma Surgeries
Based on application, the surgical imaging market is segmented into orthopedic and trauma surgeries, neurosurgeries, cardiovascular surgeries, gastrointestinal surgeries and other applications.
Surgical navigation systems
Based on product, the surgical imaging market is segmented into mobile c-arms, mini c-arm, endoscopy, laparoscopy, angiography, surgical navigation systems and others.
Based on modality, the surgical imaging market is segmented into MRI, X-ray, computed tomography, optical, nuclear imaging and ultrasound.
Surgical imaging market is also segmented on the basis of end-user into hospitals, clinics and others.
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Surgical Imaging Market Dynamics
Increasing prevalence of chronic diseases
The rising prevalence of chronic diseases such as diabetes, high blood pressure, cancer, high cholesterol, and osteoporosis will propel the market’s growth rate during the forecast period of 2022-2029.
Rise in the number of geriatric population
The number of persons aged 60 and up has consistently increased over time due to rising life expectancy. The worldwide geriatric population will grow from 727 million in 2020 to 1.5 billion by 2050, according to the United Nations Database on World Population Ageing 2020. Geriatric people have the highest risk of suffering from chronic diseases, increasing the demand for the surgical imaging market.
Furthermore, the rising demand for minimally invasive procedures will act as major factor influencing the growth of the surgical imaging market. Along with this, increasing urbanization and rising level of disposable income are the driving factors accelerating the growth of the surgical imaging market. Also, increasing expenditure on healthcare infrastructure and the continuously changing lifestyle of people are the major market drivers that will further escalate the growth of surgical imaging market.
Moreover, the rising adoption rate of advanced technologies will provide beneficial opportunities for the surgical imaging market growth.
Moreover, growing demand for data-integrated imaging systems, rising medical tourism and increase in the number of emerging markets will further provide beneficial opportunities for the surgical imaging market growth during the forecast period.
Restraints/Challenges Global Surgical Imaging Market
High cost associated with surgical imaging systems
The high cost associated with surgical imaging systems will further obstruct the growth rate of surgical imaging market.
On the other hand, the dearth of skilled professionals and imaging obese patients will challenge the surgical imaging market. Additionally, impact of COVID-19 on supply chain and limited reimbursement will act as restrain and further impede the growth rate of market during the forecast period of 2022-2029.
This surgical imaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the surgical imaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Surgical Imaging Market
The COVID-19 outbreak has had a massive impact on many people’s lives and businesses. The surgical imaging has been negatively impacted during COVID-19 pandemic. The global healthcare systems have been severely strained by the pandemic. To prevent the progression of the disease and preserve healthcare resources for COVID-19 patients, healthcare institutions and providers have been asked to halt performing elective surgical operations and medical examinations during this time. The COVID-19 pandemic had a detrimental influence on capital markets and economies around the world, and it may result in a prolonged regional or global economic crisis. Surgical imaging manufacturers may suffer as a result of such economic instability.
In March 2021, GE Healthcare announced 510(k) clearance of New 3D Surgical Imaging System, which provides more precise and efficient care. This innovative technique combines the advantages and familiarity of 2D imaging with increased efficiency to make 3D more accessible and usable.
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Key Pointers Covered in This Market Research Report:
Market New Sales Volumes
Market Replacement Sales Volumes
Market By Brands
Market Procedure Volumes
Market Product Price Analysis
Market Healthcare Outcomes
Market Cost of Care Analysis
Regulatory Framework and Changes
Prices and Reimbursement Analysis
Market Shares in Different Regions
Recent Developments for Market Competitors
Market Upcoming Applications
Market Innovators Study
This Report Consists of:
▪ No of pages: 350
▪ No of Figures: 60
▪ No of Tables: 220
Objectives of the Report
To carefully analyze and forecast the size of the market by value and volume.
To estimate the market shares of major segments of the
To showcase the development of the market in different parts of the world.
To analyze and study micro-markets in terms of their contributions to the market, their prospects, and individual growth trends.
To offer precise and useful details about factors affecting the growth of the
To provide a meticulous assessment of crucial business strategies used by leading companies operating in the market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
Destinations of This report:
1. To make accessible the wide-going outline of the market.
2. To accomplish the data about the central members in this industry, their item portfolios, and their key techniques.
3. To know about the future standpoint and possibilities for this market investigation and figure 2022-2029.
4. To dissect the market size of the market so that understanding the critical patterns from it gets simple.
5. To look at the market dependent on item, portion of the overall industry, and size of the item share.
6. To dissect possibilities or openings on the lookout for partners by realizing the high-development fragments of the market.
7. To increase bits of knowledge about the major provincial experiences in which the is prospering.
8. To accomplish delineations and gauge the market, as far as worth, by process, item type, and industry.
9. To strategically diagram the central parts and exhaustively dissect their market position as far as positioning and center capabilities, and detail the cutthroat scene for market pioneers.
10. To portray and estimate the market, as far as worth, for different fragments, by area North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).
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