IMARC Group, a leading market research company, has recently releases report titled “Surgical Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global surgical imaging market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the surgical imaging market?
The global surgical imaging market size reached US$ 6.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.9 Billion by 2028, exhibiting a growth rate (CAGR) of 6% during 2023-2028.
What is surgical imaging?
Surgical imaging enables physicians to diagnose, plan, intraoperative navigation and post-operative evaluation of patients prior to and during surgical procedures. It comprises various medical modalities, such as fluoroscopy, ultrasound, X-rays, computed tomography (CT), magnetic resonance imaging (MRI), magnetic resonance therapy (MRT), and radionuclide techniques. It is an effective procedure that encourages better decision-making, saves the life of a patient, and provides an examination of internal body structures, such as tendons, vessels, joints, muscles, and internal organs. It offers real-time and reliable information, improved patient safety and security, enhanced efficiency, and quick and accurate results. It enables easy identification and monitoring of any blockage or abnormalities in the body. It assists in the early diagnosis of disease and reduces the risk of disorders while allowing speedy recovery. It also facilitates surgeons to take necessary steps immediately and provide better care to patients suffering from numerous diseases. Besides this, it aids in improving patient outcomes and offers painless and non-invasive diagnostics. As it is beneficial for neurosurgery, oncology, orthopedic and trauma, cardiothoracic, abdominal, and general surgeries, surgical imaging is widely employed in hospitals, clinics, and ambulatory surgical centers around the world.
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What are the growth prospects and trends in the surgical imaging industry?
At present, the increasing adoption of surgical imaging to treat various cancer cases among individuals across the globe represents one of the key factors contributing to the growth of the market. Additionally, the growing adoption of surgical imaging due to the increasing prevalence of chronic diseases, such as diabetes, high blood pressure, and high cholesterol among individuals around the world, is offering a positive market outlook.
Apart from this, the rising demand for surgical imaging among the geriatric population, as they are more prone to numerous diseases, is propelling the growth of the market. In addition to this, there is a rise in the demand for minimally invasive (MI) procedures that involve smaller incisions and faster recovery. This, coupled with the increasing utilization of surgical imaging due to the rising focus on improved patient health, is offering lucrative growth opportunities to industry investors. Besides this, the growing demand for data-integrated imaging systems that provide easy sharing of information as digital imaging files and lower duplication of imaging is positively influencing the market.
Moreover, technological advancements in surgical imaging systems, such as O-arms and G-arms, that provide improved patient outcomes are strengthening the growth of the market. Furthermore, the rising adoption of intraoperative surgical imaging during orthopedic surgery is supporting the growth of the market.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Technology Type:
- Image Intensifier
- Flat Panel Detector (FPD)
Breakup by Modality Type:
- Mobile C-Arms
- Mini C-Arms
- Others
Breakup by Application:
- Neurosurgery
- Orthopedic and Trauma Surgery
- Cardiovascular
- General Surgery
- Others
Breakup by End User:
- Hospitals
- Surgery Centers and Clinics
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
Canon Medical Systems Corporation, General Electric Company, Geonoray Co. Ltd., Hologic Inc., Koninklijke Philips N.V., Medtronic Plc, Primax International Srl, Prognosys Medical Systems Private Limited, Shimadzu Corporation, Siemens Aktiengesellschaft, Trivitron Healthcare Pvt. Ltd, Whale Imaging Inc. and Ziehm Imaging GmbH (Aton GmbH).
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