Global Fluoroscopy and Mobile C-Arms Market Research Report Insights and Industry Analysis By Device Type (Fluoroscopy Systems & Mobile C-Arms), Application (Gastrointestinal, Orthopedics, Neurology), End-User (Hospital & Clinics), & Region, Competitive Market Size, Share, Trends, Growth, Forecast till 2023
Fluoroscopy and Mobile C-Arms Market Overview:
In this MRFR market note, the global fluoroscopy and mobile c-arms market is discussed at length. Market Research Future (MRFR) forecasts a CAGR of 4.58 % for global fluoroscopy and mobile c-arms market from 2018 to 2023. Fluoroscopy and mobile c-arms systems are used in wide range of interventional radiological procedures, especially in the treatment of conditions such as spinal cord injury, peripheral artery disease (PAD), pulmonary embolism, deep vein thrombosis, abdominal aortic aneurysms, and other chronic conditions. The factors boosting the growth of the global fluoroscopy and mobile c-arms market are the rising prevalence of chronic diseases, growing geriatric population, and growing adoption of fluoroscopy in orthopedic and neurological procedures. Despite the drivers, high cost associated with fluoroscopic and mobile c-arm systems, the risk of radiation exposure, and presence of substitutes are some factors that are likely to hamper the growth of the market over the assessment period.
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Fluoroscopy systems to be the major device type in the global fluoroscopy and mobile c-arms market
Injections segment is expected to continue leading the global market on the basis of formulation. The market share of this segment is attributed to the increase in the use of fluoroscopy systems in a wide range of procedures such as image-guided biopsy, angiography, and discography. This segment is anticipated to grow at a CAGR of 4.12 % during the assessment period.
Gastrointestinal segment to dominate the global fluoroscopy and mobile c-arms market on the basis of application
The gastrointestinal segment accounted for a market share of 25.6 % in 2017. Fluoroscopy is generally used during an upper gastrointestinal (GI) series examination. The growing prevalence of gastrointestinal disorders is expected to support the market growth of this segment.
Hospitals and clinics will dominate the end user segment in the global fluoroscopy and mobile c-arms market
The hospital and clinics segment accounted for the largest market share in 2017 and is expected to exhibit a CAGR of 4.86 % during the assessment period. The growth of the hospitals and clinics segment could be attributed to the high patient population opting hospitals for treatment and diagnosis and frequent readmissions in hospitals.
Asia-Pacific fluoroscopy and mobile c-arms market to exhibit the highest CAGR
The Asia-Pacific is the fastest growing market for fluoroscopy and mobile c-arms and is expected to register a CAGR of 5.26 % during the assessment period. The developing economies of China, India, and South Korea are emerging as major destinations for outsourcing clinical trials and pathology testing. Similarly, the increasing number of hospitals and diagnostic laboratories in the Asia-Pacific region is expected to boost the market for fluoroscopy and mobile C-arms.
Vendor Landscape
Some of the key players profiled in the report include Allengers Medical Systems (India), Canon Medical Systems Corporation (Japan), DMS Group (France), GE Healthcare (US), Hitachi Ltd (Tokyo), Hologic Inc. (US), Omega Medical Imaging, LLC (US), OrthoScan, Inc. (US), Koninklijke Philips N.V. (The Netherlands), Shimadzu Corporation (Japan), Siemens (Germany), Varian Medical Systems, Inc. (US), Villa Sistemi Medicali Spa (Italy), and Ziehm Imaging GmbH (US).
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