Subtitle: The Needle Guidance System Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Needle Guidance System Market : Drivers and Challenges
Globally, the number of diseases are increasing rapidly due to the factors such as changing lifestyle, aging, smoking, weak immunity, alcohol consumption and obesity. These factors the lead to various health disorders such as arrhythmia, cancer which when diagnosed at proper stage are treatable if not, ultimately leading to death. Varicose disease is one of such disease where needle guidance systems are used to clear the veins by sclerotherapy. There are various advantages of needle guidance system such as improving accuracy, visualization of needle, reduces risks associated during intraneural and intravascular injections. Real-time 3D ultrasound based motion tracking is one of the focus segments where needle guidance systems can have a potential application, as suggested by scientists. Physicians are now changing their focus from general or traditional methods of biopsies to using advanced technologies such as needle guidance system to perform better procedures.
With increasing number of biopsies, the needle guidance system market is expected to have substantial growth prospect during the forecast period (2016-2024). The major factors which are expected to be driving the growth of needle guidance system market are increasing prevalence of cancer and cardiac disorders, advancement in diagnostic technologies, increasing healthcare infrastructure. While the factors affecting the needle guidance system market are lack of healthcare accessibility, limited number of skilled medical professionals, low adoption of advanced technologies in developing countries and more. Needle guidance system market is rapidly gaining acceptance in North America and Europe, where hospitals and diagnostic centers are adopting the innovative systems to perform surgical procedures. Image-guided needle biopsies have proven to be useful in definitive diagnosis of breast cancer with high accuracy and clinical benefits as well as ease of operation.
Needle Guidance System Market : Regional Overview
On the basis of regional presence, needle guidance system market is segmented into five key regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Currently, North America is expected to capture the largest market share for needle guidance systems due to high adoption rate and advanced healthcare facilities. Europe, is estimated to capture second largest market share in the needle guidance system market. The needle guidance system market in Asia Pacific and Middle East and Africa is expected to register high CAGR owing to increase in healthcare expenditure and emerging medical technology companies in coming years.
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Needle Guidance System Market : Key Players
Some of the major market players in Needle Guidance System market globally include Siemens Healthcare GmbH, Stryker, CIVCO Medical Solutions, FUJIFILM SonoSite, Inc., Ultrasonix Medical Corporation, Protek Medical Products Inc. and Soma Access Systems.
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